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Hadoop-as-a-Service Market -Technological Advancements, Evolving Industry Trends and Insights 2016 - 2023

Hadoop-as-a-Service (HaaS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023


Albany, NY -- (SBWIRE) -- 08/12/2016 -- Hadoop-as-a-service (HaaS) is being widely used across several industries such as banking, telecommunication, IT, and manufacturing. The growing adoption of HaaS by small and medium enterprises has significantly driven the global market for Hadoop-as-a-service. In a report, titled "Hadoop-as-a-Service (HaaS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023," Transparency Market Research studies the impact of HaaS on various end users and predicts the market trajectory through 2023.

Hadoop-as-a-service is being widely accepted across various industries including IT, banking, manufacturing and telecommunication among others. One of the emerging trends in this market is the increased adoption of HaaS by small and medium enterprises (SMEs). In fact, SMEs have been among the earliest adopters of this technology and cloud computing, as this end-user segment is already conversant with the benefits associated with cloud computing. Owing to this, the HaaS providers are looking to capitalize on the increase in demand of this technology from the SME segment.

Hadoop is a leading platform for big data analytics and enterprises have been using Hadoop-based applications to perform a host of operations, including the management, evaluation, and storage of massive amounts of data. Ensuring optimal consumption of time, Hadoop-as-a-service enables companies to function in an extremely cost-effective manner.

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Thanks to the cost competitiveness of Hadoop-as-a-service, an increasing number of small and medium enterprises are focused on increasing the level of awareness among potential customers in the Asia Pacific region. The rising need for data analytics so as to survive in an immensely competitive business environment is also boosting the Asia Pacific Hadoop-as-a-service market.

Infochimps, Pentaho, Cloudera, Amazon Web Services, IBM, Hortonworks, Altiscale, Microsoft, Hewlett-Packard, Quobole, Teradata, Mortar Data, Karmasphere, Google, EMC, Cask Data, and MapR Technologies are some of the prominent players operating in the global HaaS market. A thorough evaluation of the notable companies in this marketplace has been included in the report. Each player has been assessed based on key parameters such as recent developments, business strategies, company overview, service portfolio, and financial standing. With the help of a SWOT analysis, the report on the Hadoop-as-a-service market sheds light on the strengths, weaknesses, opportunities, and threats of each profiled company.

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