Welcome!

Apache Authors: Pat Romanski, Liz McMillan, Elizabeth White, Christopher Harrold, Janakiram MSV

News Feed Item

Hadoop Market is Expected to Reach $50.2 Billion, Globally, by 2020 - Allied Market Research

PORTLAND, Oregon, March 11, 2014 /PRNewswire/ --

According to a new report by Allied Market Research titled "Hadoop Market (Hardware, Software, Services and HaaS, End Use Application, and Geography) - Industry Growth Trends and Forecasts Through 2020," the global hadoop market is expected to grow at a CAGR of 58.2% between 2013 and 2020. The market revenue was estimated to be $2.0 billion in 2013 and is expected to grow to $50.2 billion by 2020. Increase in demand for big data analytics is the major driver for this market.

To request a sample of the report, visit at http://www.alliedmarketresearch.com/hadoop-market

Huge expansion in raw structured and unstructured data and increasing demand for Big Data analytics act as the major driving factors for global Hadoop market as it provides cost effective and faster data processing of Big Data analytics over conventional data analysis tools such as Relational Database Management Systems (RDBMS). Presently, distributed computing and Hadoop platform security issues are hindering the growth of this market. However, with continuous technological growth these issues can be addressed. Moreover, gradual lowering operating costs to provide data management solutions will add to the growth of this market.

To browse all ICT Media market reports, visit us at http://www.alliedmarketresearch.com/information-&-communication-technology-&-media-market-report

Hadoop market, on the basis of type, is segmented into software, hardware and services market. Currently, services market is dominating with a market share of about 50% of the global Hadoop market due to growing necessity of data analysis in various organizations. Hadoop services market is further segmented into consulting, training and outsourcing, integration and deployment, and middleware & support services. Consulting and training & outsourcing segment together accounted for maximum revenue in 2013, whereas, integration and deployment services is the fastest growing services market during the forecast period due to increasing investment in big data analytics and necessity of real time operations.

Hadoop software market is projected to have the highest growth rate in the overall global Hadoop market. The increasing venture capital investments lead to addition in number of Hadoop distributors, which is the major reason for growth of Hadoop software market. Hadoop software market is further segmented as application software, management software, packaged software and performance monitoring software markets. In 2013, application software had generated the highest revenue of the overall global Hadoop software market. The main reason for this is the use of application software by developers to build applications for data analysis. Hadoop packaged software market is expect to grow at a CAGR of 62.9% during the forecast period. One of the reasons being, leading organizations such as MapR Technologies, Hortonworks and Cloudera majorly deal in Hadoop packaged software solutions. Also, Hadoop packaged software provides easier deployment of Hadoop clusters. Thus, Hadoop projects such as MapReduce, Sqoop, Hive and others can be smoothly integrated.

Hadoop Hardware Market is segmented as servers, storage, and network equipment markets. In 2013, storage market was leading segment in Hadoop hardware market in terms of revenue, primarily due to social media websites like Facebook, Twitter, and LinkedIn, which add up terabytes of data each day. Hadoop servers market is expected to have a CAGR of 60.1% during 2013-2020, taking into consideration the volume and velocity at which raw data is expanding.

Similar Market Studies by Allied Market Research

Cloud Computing Services Market http://www.alliedmarketresearch.com/cloud-computing-services-market

Long Term Evolution LTE Market http://www.alliedmarketresearch.com/long-term-evolution-LTE-market

Internet Security Market http://www.alliedmarketresearch.com/internet-security-market

Hadoop technology is currently being implemented the most in government sectors, IT and ITES, and banking, finance and insurance services. Currently, government sector is the largest revenue generating sector in Hadoop end-user application market. However, by 2020, BFSI would supersede government sector and would be the highest revenue-generating segment in the overall Hadoop end user application market. Increasing venture capital funding and rising demand for real time operations in Big Data analytics also contributes to the growth of Hadoop market.

Geographical analysis of the market revealed that North America is, and would continue to be the leading revenue generating regional market by 2020. The growth is mainly due to the presence of large number of Hadoop distribution companies & enterprises in the region, and wide adoption of Hadoop technology in North America. Asia Pacific is expected to be the fastest growing regional market at a CAGR at 59.2% during 2013-2020.

The report has profiled some of the key players of the market such as Amazon Web Services, Cisco Systems, Cloudera, Inc., Datameer, Inc., Hortonworks, Inc., Karmasphere, Inc., MapR Technologies, Pentaho Corporation, Teradata Corporation and MarkLogic.

Segments covered in the report:

BY PRODUCT

  • Software
  • Hardware
  • Services

BY END USER APPLICATION

  • Manufacturing
  • BFSI
  • Retail
  • Telecommunications
  • Healthcare
  • Government Sector
  • Media and Entertainment
  • Trade and Transportation
  • IT and ITES
  • Hospitality and Travel

BY GEOGRAPHY

  • North America
  • Europe
  • Asia Pacific
  • RoW

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. All the data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of concerned domain. Our secondary data procurement methodology includes deep online and offline research and discussions with knowledgeable professionals and analysts in the industry.

Contact:
Sona Padman
5320 SW Macadam Avenue,
Suite 100, Portland, OR 97239
United States
Direct: +1(617)674-4143
Toll Free: +1(855)711-1555 (U.S. & Canada)
Fax: +1(855)550-5975
Email: [email protected]
Blog: http://alliedmarketresearch.blogspot.com/

SOURCE Allied Market Research

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
SYS-CON Events announced today that Carbonite will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Carbonite protects your entire IT footprint with the right level of protection for each workload, ensuring lower costs and dependable solutions with DoubleTake and Evault.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...