Hadoop Market Trends | Segmentation, Outlook, Industry Report to 2021-2027


Posted September 13, 2021 by saifiyan1212

The global Hadoop market is estimated to grow at a CAGR of more than 15% during the forecast period.

 
The global Hadoop market is estimated to grow at a CAGR of more than 15% during the forecast period. The major factors contributing to the growth of the market include increasing adoption of big data analytics among business enterprises and lower cost than the traditional data analysis tools. Hadoop is an open-source software framework used to develop data processing applications that are executed in a distributed computing environment. Applications built using Hadoop are run on large datasets distributed across clusters of commodity computers. Commodity computers are cheap and widely available. These are mainly used for achieving greater computational power at a low cost. The increased open-source innovations are driving the growth of the Hadoop market. Additionally, innovations in big data technologies are encouraging the adoption of Hadoop.


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The global Hadoop market is segmented based on type and end-user. Based on type, the market is classified into on-premise and cloud-based Hadoop. Based on end-user, the market is classified into BFSI, it and telecommunication, manufacturing, retail, healthcare and life science, government, and others. Cloud-based Hadoop is gaining the major popularity and estimated to hold a significant share in the Hadoop distribution market.



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The cloud-based Hadoop market is anticipated to grow at a significant CAGR during the forecast period. Rising demand for cloud-based Hadoop in IT, manufacturing, and retail industry and its ability to manage and analyze big data is the major factor propelling the growth of this segment. Moreover, the increased focus of major players on the cloud-based Hadoop is driving the growth of the segment.

Geographically, the global Hadoop market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America has attracted a considerable share in the market owing to the presence of major companies, such as IBM Corp., Amazon Web Service, Inc. Cloudera, Inc., and Microsoft Corp. in the region. These companies are significantly focusing on marketing their products across the globe and gain a competitive advantage. Additionally, a wide-ranging Hadoop software and services offered by these companies are supporting to attract a significant number of end-users towards their big data solution, which in turn, is contributing to the considerable revenue generation from North America. Additionally, according to the report, more than 50% of the global data generates in the North America region creating a huge opportunity for the Hadoop distribution market to grow in the region.



Global Hadoop Market Segmentation
Global Hadoop Market by Type
• On-Premise
• Cloud Based


Global Hadoop Market by End-User
• BFSI
• IT and Telecommunication
• Manufacturing
• Retail
• Healthcare and Life Science
• Government
• Others (Media & Entertainment)


Global Hadoop Market – Segment by Region
North America
• United States
• Canada

Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World
• Latin America
• Middle East and Africa

Company Profiles
• Amazon.com, Inc.
• Cloudera, Inc.
• Eastern Jin Technology Ltd. (Seabox Data)
• Google, LLC
• Huawei Technologies Co., Ltd.
• IBM Corp.
• MapR Technologies, Inc.
• Microsoft Corp.
• Oracle Corp.
• Pivotal (Dell Technologies, Inc.)
• Qubole, Inc.
• ScienceSoft, Inc.
• Teradata Corp.


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Last Updated September 13, 2021