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.
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The Hadoop big data analytics market is projected to grow at a CAGR of +42% between 2017 and 2021.
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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Key vendors profiled in the report are as follows:
- Microsoft Corporation
- Amazon Web Services
- IBM Corporation
- Teradata Corporation
- Tableau Software, Inc.
- Cloudera Inc.
- Pentaho Corporation
- MarkLogic Corporation
- SAP SE
- Pivotal Software, Inc.
The Hadoop big data analytics market is projected to grow at a CAGR of +42% between 2017 and 2021
In the transportation sector, Hadoop big data analytics helps in information gathering related to real-time traffic and tracking of passenger movement. Innovative ways of transferring passengers to lesser crowded areas for efficient traffic management is propelling the adoption of Hadoop big data analytics in the transportation sector.
In addition, the increasing need to integrate transportation & SCM sector with social media platforms and internet traffic to forecast production of various end products and take further decisions related to product pricing and promotions is further contributing to the growth of this segment.
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The report, like all reports added to the website, is an all-inclusive and descriptive view of the global Big Data Technology And Services market. It elaborates on the market dynamics, scope of growth in various segments and regions, and other parameters that have been so far effective during its expansion in terms of gaining value and size.
This research study is thus a quantitative as well as a qualitative study aimed at imparting clear vision of all possible situations and structure in the global Big Data Technology And Services market, as well as the drivers that may exist between 2017 and 2021.
The global market is also presented to the readers as a holistic snapshot of the competitive landscape within the given forecast period. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of where areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global Big Data Technology And Services market.
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