MarketResearchReports.Biz presents this most up-to-date research on "Hadoop Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 - 2018"
Albany, NY -- (SBWIRE) -- 08/15/2013 -- Exponential increase in the amount of data generated (also called big data) is majorly contributing to the growth of Hadoop solution. The application such as Banking, Financial Services and Insurance (BFSI), retail, healthcare and life sciences, media and entertainment, government, and telecommunication among others are generating a massive amount of data. So, there is a need of a tool to handle and analyze big data. Hadoop is a cost effective solution and can manage structured as well as unstructured data unlike traditional solutions such as RDBMS. The need to track and analyze consumer behavior, maintain inventory and space, target marketing offers on the basis of consumer preferences and attract and retain consumers, are some of the factors pushing the demand for Hadoop architecture solutions.
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The study provides competitive analysis of the Hadoop market by type, by application and by geography. The report also contains further segmentation by type and by applications across major geographies along with country-wise breakdown of the market across key geographies. In addition, it provides current and forecast market size by revenue for its wide range of industrial applications for the period 2011 to 2018. The report also analyzes macro economic factors influencing and inhibiting the growth of the Hadoop market. Porter’s five forces analysis offers insights on market competition throughout its value chain. The market attractiveness analysis highlights key investing areas in this industry.
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This study includes profile of key players in the market and the strategies adopted by them to capture the market. The report also provides recent developments and barriers of the market which will help emerging players to design their strategies in an effective manner. This study is expected to help designers, manufacturers, suppliers and distributors of the Hadoop industry in formulating and developing their strategies.
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