As per estimates of a market intelligence study the global Hadoop market is likely to expand at a phenomenal 29% CAGR between 2017 and 2023.
Albany, NY -- (SBWIRE) -- 05/01/2018 -- Market Research Hub (MRH) has tried to focus on the global Hadoop market, which has slowly become the foundation for next generation data-based applications. This research report is titled "Hadoop Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2023", which discusses the growth opportunities for both existing and new market players. Furthermore, regional market size and revenue share are also enclosed in this smart research study. Insights about drivers, restraints and opportunities can also be seized from this assessment.
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It has been analyzed that, the explosion of data as a result of continuous use of electronic devices has compelled the adoption of a trustworthy tool to utilize and manage data. Furthermore, large companies like Intel and IBM are planning to develop their own version of Hadoop in order to support their business needs. This report starts with the executive summary and market overview which discourses details about market dynamics, market attractiveness and market trends.
The following section of the report discusses the market segmentation based on type, which includes Hadoop software market, Hadoop hardware market and Hadoop service market. Further, based on end-user, the overall market is divided into banking, financial services & insurance (BFSI), telecommunications, manufacturing, media & entertainment, trade & transportation, IT & ITES, government sector and other industries. The regional analysis covers North America, Europe, Asia Pacific and RoW. Each of these regions has been assessed in terms of revenue generated.
Furthermore, market attractiveness index focusing on key segments under each category are underlined in this report. This particular portion helps in recognizing lucrative opportunities prevailing in the Hadoop market for the above-mentioned period between 2017 and 2023. The concluding section of the report provides a precise view based on different classes of service providers. It helps in identifying the leading companies, and carefully profiles them for notable business attributes. Readers are offered a clear view about the diverse parameters such as key developments, revenue and presence in the international market.
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Some of the prominent players mentioned in the report are Cloudera Inc., Hortonworks, Inc., IBM Corp., Pentaho, Karmasphere Inc., Teradata Corp. and Zettaset, Inc. This intelligent research report also includes tables and figures illustrating vital factors that solidify researched data for the benefit of the readers. For new investors, the report proves quite effective for knowing the current & future status of the Hadoop market and the expected changes in its application.
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