Hadoop Market is an open source framework for distributed data storage and processing of big data. It offers enormous storage for data, coupled with high processing power, and ability to handle a large number of concurrent tasks.
Hadoop offers cost effective, and efficient solutions at a faster rate as compared to traditional data analysis tools such as RDBMS. Continuously increasing volume of big data and growing need for big data analytics is primarily expected to drive the market.
Based on component, the market is divided into hardware, software, and services. According to vertical, the market is categorized into BFSI, telecommunication, healthcare, retail, manufacturing, media and entertainment, and others.
Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Generation of large volume of unstructured data
Increasing demand for data analytics
Increasing adoption of Internet of Things (IoT) and Big Data
Security and privacy concerns
Lower adoption of Hadoop architecture
The top players in the global Hadoop market include International Business Machine (IBM) Corporation, Microsoft Corporation, SAP SE, Pentaho Corporation, Amazon Web Services (AWS), Teradata Corporation, Cloudera Inc, Tableau Software Inc, MarkLogic Corporation, Pivotal Software Inc.
o Media and entertainment
- North America
o Rest Of Europe
o South Korea
o Saudi Arabia
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