Global Hadoop Market Reaching at CAGR of 59.37% Between 2016-2020
About the Hadoop Market The increased amount of data on the internet from various modes such as web logs, online transactions, social media, and video streaming has forced organizations to take proac...
About the Hadoop Market
The increased amount of data on the internet from various modes such as web logs, online transactions, social media, and video streaming has forced organizations to take proactive measures to store and manage data and derive useful insights. According to Technavio, approximately 7 zettabytes of data churned out from enterprises globally in 2015. Out of the total, more than 80% was unstructured data that came from social media platforms, clickstreams, server logs, sensors, and the Internet of Things. Storing useful information and deriving insights from unstructured data and real-time analytics are challenging tasks for organizations.
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Covered in this report
The report covers the present scenario and the growth prospects of the global Hadoop market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of Hadoop solutions with functionalities such as MapReduce, integrated solutions, and services (consultation, training, and maintenance). The revenue generated from after-sales services is not considered.
The market is divided into the following segments based on geography:
Technavio's report, Global Hadoop Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Other prominent vendors
Hadoop ensures optimal use of resources
Dearth of technical skill act as a barrier during deployment phases
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
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