Zion Research has published a new report titled “Hadoop Market by Type (Software, Hardware and Services) for BFSI, Government Sector, IT & ITES, Healthcare, Telecommunication, Retails and Others End-Uses: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021.” According to the report, global demand for hadoop was valued at USD 5.0 billion in 2015, and is expected to reach USD 59.0 billion in 2021, growing at a CAGR of 51.0% between 2016 and 2021.
Hadoop is software framework for distributed storage and distributed processing of very large data sets on computer clusters built from commodity hardware. It basically handles the big data analytics for enterprises. It is fastest and efficient software to meet real-time analytics from data such as audio, video, email, machine-generated data from internet.
Request Sample Report: http://www.marketresearchstore.com/report/hadoop-market-z59712#RequestSample
Growing rapid demand for big data utilization and growing volume for structured and unstructured data across large enterprise is a major driving factor of global hadoop market. Healthcare, banking & finance, manufacturing, biotechnology & defense need effective and fastest solution to monitor the data. This factor also expected to accelerate the demand for hadoop solution over the verticals across the globe. However, distributed computing and security issues may limit the utilization of hadoop software. Moreover, ongoing development and upgradation may open new opportunities for hadoop market.
Do Inquiry before buying: http://www.marketresearchstore.com/report/hadoop-market-z59712#InquiryForBuying
Software, hardware and services are three major segment of the hadoop market. Among these three services segment has dominance over the market for 2015 year. It generates around 40% shares of the total revenue of hadoop market. It is also further expected to continue its dominance in the market for the coming five years. In addition, software segment is also projected to witness lucrative growth owing to growing adoption of hadoop solution in large enterprises for handling big data.
IT & ITES was the foremost end-use industry for global hadoop market. It accounted around 32% share of the entire revenue generated in 2015. IT & ITES was followed by telecommunication industry in the same year. In addition, end-industries such as government sector, retails and BFSI are important outlets that are likely to have splendid growth over the future years due to rapidly increasing penetration of hadoop solutions.
Browse the full "Hadoop Market by Type (Software, Hardware and Services) for BFSI, Government Sector, IT & ITES, Healthcare, Telecommunication, Retail and Others End-Uses: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at http://www.marketresearchstore.com/report/hadoop-market-z59712
With the largest share, North America was a dominating regional market for hadoop in 2015. It contributes to 50% share of the entire market and it is also predicated to continue this trend for the coming years. In addition, Asia Pacific is foreseen as fastest growing region for hadoop market due to emerging IT and telecommunications industries in China and India. Furthermore, Europe is likely to witness the significant growth within the forecast period.
Some of the major participants operative in hadoop market includes Amazon Web Services, Teradata Corporation, Cisco Systems, IBM Corporation, Cloudera, Inc., Datameer, Inc., Oracle Corporation, Hortonworks, Inc., VMware, OpenX, and amongst others.
This report segments the global hadoop market as follows:
Hadoop Market: Type Segment Analysis
Hadoop Market: End-Use Segment Analysis
Hadoop Market: Regional Segment Analysis
Read Press Release at: http://www.marketresearchstore.com/news/global-hadoop-market-243
Zion Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Zion Research experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Zion Research syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
3422 SW 15 Street,Suit #8138
Deerfield Beach,Florida 33442
Toll Free: +1-855-465-4651 (USA-CANADA)