Hadoop Market 2023 Analysis May Set New Growth Story, Forecast to 2029

Hadoop market is anticipated to grow at a significant CAGR during the forecast period. The amount of data produced is developing hastily, because of the advances in new technologies, devices as well as in communication. The Hadoop market is driven by the increment in the demand for the deployment of Big Data analytics solutions for analyzing exponentially growing structured and unstructured data, to obtain actionable insights, which can be utilized for numerous decision-making processes in the future. The need for Hadoop Big data analytics is particularly vital across the banking, and IT, and telecom industries. However, the adoption across manufacturing and healthcare sectors is expected to make a massive effect on the overall market, considering the rapid IoT adoption.

Moreover, another factor that is fuelling the increase of visualization-based data discovery solutions is the growing availability of mobile devices. Companies that continue to depend on centralized creation of reports by the few highly-trained specialists are missing an opportunity to undertake the faster, price-effective, as well as more democratized business intelligence model, which takes benefit of the intersection of the mobile workforce and Big Data and to speed insights and enhance collaboration.

The global Hadoop market analysis includes some of the key market players such Amazon Web Services, Inc., Cisco Systems, Inc., Cloudera, Inc., Datameer, Inc., Dell EMC, Google LLC, IBM Corporation, MapR Technologies, MarkLogic Corporation, and Teradata Corporation, among others. To maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030
  • Segment Covered
  • Regions Covered- Globally
  • Competitive Landscape: Amazon Web Services, Inc., Cisco Systems, Inc., Google LLC, IBM Corporation, Among others.

Hadoop Market by Segment

By Component

  • Hardware
  • Software, and Services

By Deployment Model 

  • On-premise
  • Cloud
  • Hybrid

By Organization Size

  • Large Enterprises
  • Small and medium enterprises

By End-User

  • Manufacturing
  • BFSI
  • Retail & Consumer Goods
  • IT & Telecommunication
  • Healthcare
  • Government & Defense
  • Media & Entertainment
  • Energy & Utility
  • Trade & Transportation
  • Others

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Hadoop Market by Regional Analysis

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

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  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
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