Global Hadoop & Big Data Analytics Market Growth, Trends and Forecasts

  • Analysis
  • 22-August-2016

Hadoop is a parallel processing technology which is used to provide solutions for big data analytics. The “Global Hadoop & Big Data Analytics Market Research Report - Industry Analysis, Size, Share, Growth, Trends And Forecast “  Research report offered by covers the growth trend and complete market overview of the industry. The report is useful for business strategists for gaining a detailed understanding about the Hadoop & Big Data Analytics Market, its value chain, competitor study and detailed company profiles of the key market players.

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Over the past few years, Hadoop technology has evolved a lot and is expected to witness a significant growth due to its fast solutions provider and cost effective property across the globe. Hadoop is getting preference over conventional analysis tools for solving big data analytics. Big data analytics is an emerging discipline of storing, analyzing, visualizing and processing a broad range of information. Hadoop & big data analytics finds application in various sectors such as BFSI, retail & transportation industry. Growing volume of unstructured data along with rising demand for data analytics as the main solution provider is a major growth driver, which is anticipated to fuel market demand for Hadoop & big data analytics over the coming years. Many companies including IBM has adopted Hadoop as an affordable open source to build its data, and also to analyze, capture and manage unstructured & structured data. Hadoop-based applications are majorly applied across various business verticals to perform several customers-related and real-time analytics. However, security concerns, distributed computing and an easy access to all data are major challenges for this technology, which may restrict the market growth over the forecast period.

Growing demand for Hadoop-based application to gather information from unstructured data and to provide a solution for various analytics such as marketing analytics, clickstream analysis, processing machine generated data, web text processing and processing digital content is projected to augment market demand over the coming years. Big data analytics has a large volume of data which makes a conventional data management tools incapable of analyzing all the data efficiently, thus in turn will further drive the Hadoop & big data analytics market.

The global Hadoop & big data analytics market has been segmented based on software type into Hadoop packaged software, Hadoop management software, Hadoop application software, and Hadoop performance monitoring software (cluster management tools). The Hadoop & big data analytics market has been further segmented based on hardware equipment into servers, storage, and network equipment. Furthermore, the global Hadoop & big data analytics market has been segmented based on services and vertical.

The major key players include Cloudera, Inc., Mapr Technologies, Inc., Hortonworks, Inc., Karmasphere, Inc., Hadapt, Inc., Greenplum, Inc., Amazon Webservices Llc, Hstreaming Llc, Outerthought, Pentaho Corporation, Platform Computing, Zettaset Inc., Datastax, Inc., Datameer, Inc., IBM, Hewlett-Packard, Dell, Inc., Appistry, Inc., Teradata Corporation, Talend, Inc., Rainstor, Fujitsu Ltd., Data Direct Networks Inc. and Netapp, Inc.
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In June 2016, Koverse launched Koverse Platform Version 2.0, an advance big data platform for Hadoop to fasten its production within the stipulated time.

In Feb 2015, Datameer launched Datameer Professional, a new Big Data Analytics Platform for Hadoop-based application and to department-specific deployments. 
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