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Hadoop big data analytics market is projected to hit USD 40.69 billion by 2021

Hadoop big data analytics market is projected to hit USD 40.69 billion by 2021

The Hadoop big data analytics market is projected to grow from USD 6.71 billion in 2016 to USD 40.69 billion by 2021, at CAGR of 43.4% between 2016 and 2021.

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The market for Hadoop big data analytics market is growing significantly, owing to the increasing adoption of Hadoop big data and BI solutions by companies to manage exponentially generated data each day.

Increasing demand for cost-effective and faster analytics solutions to convert information collected by big data and IoT into actionable decisions is one of the most significant factors driving the growth of the Hadoop big data analytics market. However, immaturity of Hadoop platform is acting as a restraint to the growth of the Hadoop big data analytics market.

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Major players of Hadoop Big Data Analytics Market Report are:

The ecosystem of the Hadoop big data analytics market comprises Hadoop big data solutions & service providers as well as system integrators. Key players of the Hadoop big data analytics market include Microsoft Corporation (U.S.), Amazon Web Services (U.S.), IBM Corporation (U.S.), Teradata Corporation (U.S.), Tableau Software, Inc.

(U.S.), Cloudera Inc. (U.S.), Pentaho Corporation (U.S.), MarkLogic Corporation (U.S.), SAP SE (Germany), and Pivotal Software, Inc. (U.S.), among others.

The complete report Hadoop Big Data Analytics Market by Component (Solution, Service), Application (Risk & Fraud Analytics, IoT, Merchandizing & SCM, Customer Analytics, Offloading Mainframe, Security Intelligence), Vertical, and Region - Global Forecast to 2021 is now available on www.rnrmarketresearch.com/hadoop-b…rket-report.html

Break of primary participants in Hadoop Big Data Analytics Market was as mentioned below:

By Company – Tier 1 –22%, Tier 2 –30%, and Tier 3 –48%

By Designation – C-Level – 30%, Director Level –45%, and Others –25%

By Region – North America –48%, Europe – 30%, and APAC – 22%

FAQ’s regarding the Hadoop Big Data Analytics Market Report are:

What is Market Penetration of Hadoop Big Data Analytics?
Comprehensive information on the product portfolios of the top players in the Hadoop Big Data Analytics market

What is Product Development/Innovation of Hadoop Big Data Analytics?
Detailed insights on the upcoming technologies, R&D activities, and product launches in the Hadoop Big Data Analytics market

What is Competitive Assessment of Hadoop Big Data Analytics?
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Hadoop Big Data Analytics market

What is Market Development of Hadoop Big Data Analytics?
Comprehensive information about emerging markets. This report analyzes the market for various Hadoop Big Data Analytics products across geographies

What is Market Diversification of Hadoop Big Data Analytics?
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Hadoop Big Data Analytics market

Access the Hadoop Big Data Analytics Market Report at www.rnrmarketresearch.com/contacts…unt?rname=807938

This study provides detailed segmentation of the Hadoop big data analytics market on the basis of component, application, vertical, and region. Based on component, the market has been segmented into solution and service.

Furthermore, the solution segment has been classified into packaged software, management software, and application software. The service segment has been categorized into admin & managed services, consulting & development services, and training & support services.

Based on application, the market has been segmented into risk & fraud analytics, Internet of Things (IoT), merchandizing & supply chain analytics, customer analytics, offloading mainframe application, security intelligence, operational intelligence, linguistic analytics, and distributed coordination service.

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