According to BlueWeave Consulting, The Global Hadoop Market is expected to grow with a significant rate during the forecast period 2019-2025, owing to rising demand for faster & effective accessibility of data from different industries like BFSI, retail, and IT& ITES.

The demand of Hadoop for its cost-effectiveness and ability to process data faster will boost the Hadoop market in the upcoming year. Moreover, the major factor driving the market growth is the growing use of Hadoop in retail and supply chain industries for analyzing consumer behavior, manage inventory on the basis of consumer preferences, maintain inventory and space, attract and retain consumers. Furthermore, expansion of data due to increased usage of electronic devices has demanded the adoption of reliable tool to manage and utilize these data thus accelerating the growth of Hadoop market.

Additionally, increasing investments in data management & technology, major expansion in consumer data and rapidly augmenting demand for big data analytics will contribute to Hadoop market growth during the forecast period. Furthermore, advancements in technology coupled with the rising demand for effective and faster accessibility of data in various industries like Banking, Financial Services and Insurance (BFSI), telecommunication and healthcare are major drivers for the growth of global Hadoop market in the forecast period. The requirement of big data analytics systems to manage the excessive amount of data across various industries will augment the global Hadoop market in the forecast period. Applications of Hadoop in Storing, processing, and analysing of the explosive amount of data, up gradations, and huge investments will influence the global market in upcoming periods.

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Implementation of Hadoop in the Service Sector is projected to be leading the overall market during the forecasted period.

On the basis of product type, the Hadoop market has been segmented into Software, Hardware, and Services. Services will dominate the global Hadoop market owing to its increased applications as a consulting, training and outsourcing tool to maximize efficiency. Efforts to make the software into a real time application will also enhance the demand of the segment.

IT & ITES is projected to lead the industry for utilizing the applications of Hadoop during the forecast period
On the basis of End-User, the global Hadoop market has been segmented into BFSI, Retail, Manufacturing, Telecommunication, Media Entertainment, Natural Resources, Trade and Transport, Government, and IT& ITES. By usage, IT & ITES will lead the market owing to growing adoption of Hadoop for managing outsourced data. BFSI is expected to grow at the fastest rate during the forecast period owing to the exponential rise in the amount of data storage coupled with increment in the risk & fraud analytics.

North America will account for the lion’s share of the global Hadoop market during the anticipated period.
On the basis of region, the Hadoop market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America will dominate the world Hadoop market over the forecast period owing to the presence of major companies coupled with the huge adoption of application of Hadoop in these regions. The Asia Pacific is projected to be the fastest growing market throughout the forecast period due to the rapid expansion of IT services Industry in emerging countries like India and China.

Objective of the Study:

• To analyze and forecast market size of the world Hadoop market, in terms of Value
• To examine the market segmentation and forecast the market size, in terms of value, on the premise of region by segmenting world Hadoop market into 5 regions, namely, North America, Europe, Asia Pacific, Middle East and geographical area.
• To outline, categorize and forecast the world Hadoop market on the premise of product kind and end-user.
• To examine competitive developments like expansions, technological advancement, services, and regulative framework within the world Hadoop market.
• To pinpoint the drivers and challenges for world Hadoop Market
• To spot the profile of leading players, that area unit concerned within the producing and provide off Hadoop globally.

Global Hadoop Market Competitive Landscape

Companies such as, Cloudera Inc., MapR Technologies Inc., IBM Corp., Hortonworks, and EMC Corp. , Horton Works, Amazon Web Services, Cisco Systems, Inc., Datameer, Inc., Fair Isaac Corporation, Teradata Corporation, MarkLogic, Pentaho Corporation, MapR Karmasphere Inc, , Appistry Inc., Zettaset and Adello AG are the key players for providing Hadoop services.

Scope of the Report

By Product Type
• Software
• Hardware
• Services
By End-User Industry
• BFSI
• Retail
• Manufacturing
• Telecommunication
• Media Entertainment
• Natural Resources
• Trade and Transport
• Government,
• IT & ITES

In addition, the report provides analysis of the Hadoop market with respect to the following geographic segments:

• North America
o U.S.
o Canada
• Europe
o Germany
o UK.
o Italy
o France
o Rest of Europe
• Asia Pacific (APAC)
o China
o India
o Japan
o Australia
o South Korea
o Indonesia
o Rest of Asia Pacific
• LATAM
o Brazil
o Argentina
o Rest of Latin America
• MEA
o Saudi Africa
o UAE
o Egypt
o Rest of Middle-East

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