Hadoop Market - Global Share, Outlook, and Opportunity Analysis, 2017-2020 & 2021-2028 - ResearchAndMarkets.com

The "Hadoop Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

This report provides an in-depth analysis of the Global Hadoop Market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year.

Market Dynamics

Growing demand for big data analytics is expected to propel the global hadoop market growth over the forecast period. For instance, in June 2019, a U.S.-based software company, Cloudera, Inc. entered into a partnership with a U.S.-based technology and consulting company IBM Corporation for developing AI solutions and advanced data to organizations on the Apache Hadoop ecosystem. The Apache Hadoop Ecosystem is a platform which provides various services to solve the big data problems.

Furthermore, key market players are adopting strategies such as product launches, in order to expand their product portfolio. For instance, in June 2020, Hewlett Packard Enterprise (HPE) launched HPE Ezmeral, a new software portfolio and brand that will accelerate data-driven transformation across organizations.

In addition, the company's software delivers a complete portfolio, including IT automation and AI-driven operations, AI/ML and data analytics, and others.

However, lack of adequately qualified and experienced work professionals is expected to hinder the global hadoop market growth over the forecast period.

Market Taxonomy

This report segments the global hadoop market on the basis of type, application, and region. On the basis of type, the global hadoop market is segmented into hardware, software, and services. Furthermore, the software segment is sub-segmented into performance monitoring and application.

The application sub-segment is further segmented into analytics, machine learning, SQL layer, search and index. The services segment is sub-segmented into consulting, outsourcing, and deployment and support.

On the basis of application, the global hadoop market is segmented into banking & financial services (BFSI), manufacturing, retail, telecommunication, healthcare & life sciences, media & entertainment, natural resources, trade and transportation, government, IT and ITES, and others.

Key features of the study:

• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the Global Hadoop Market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
• The global hadoop market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Hadoop Market.

Detailed Segmentation:

Global Hadoop Market, By Type:

• Software
• Performance Monitoring
• Application
• Analytics
• Machine Learning
• SQL Layer
• Search and Index
• Hardware
• Services
• Consulting
• Outsourcing
• Deployment and Support

Global Hadoop Market, By Application:

• Banking & Financial Services (BFSI)
• Manufacturing
• Retail
• Telecommunication
• Healthcare & Life Sciences
• Media & Entertainment
• Natural Resources
• Trade and Transportation
• Government
• IT and ITES
• Others

Regulations, and Trends Analysis

• Market Dynamics
• Drivers
• Restraints
• Market Opportunities
• Regulatory Scenario
• Industry Trend
• Merger and Acquisitions
• New System Launch/Approval

Companies Mentioned

• Cisco Systems, Inc.
• Cloudera Inc.
• EMC - Greenplum
• Horton Works
• HStreaming LLC
• IBM Corporation
• Karmasphere Inc.
• MapR Technologies Inc.
• Pentaho
• Teradata Corp.

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Purview

3. Market Dynamics, Regulations, and Trends Analysis

4. Impact of COVID-19 Pandemic on Global Hadoop Market

5. Global Hadoop Market, By Type, 2017-2028 (US$ Million)

6. Global Hadoop Market, By Application, 2017-2028 (US$ Million)

7. Global Hadoop Market, By Region, 2017-2028 (US$ Million)

8. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/33f0is

View source version on businesswire.com: https://www.businesswire.com/news/home/20210526005795/en/