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Research and Markets: 2014 Report on the International Hadoop Market - Forecasts to 2020

Research and Markets (http://www.researchandmarkets.com/research/lzl2ck/global_hadoop) has announced the addition of the "2014 Report on the International Hadoop Market - Forecasts to 2020" report to their offering.

Hadoop is a distributed processing technology used for Big Data analysis. Hadoop market is expanding at a significant rate, as Hadoop technology provides cost effective and quick solutions compared to traditional data analysis tools such as RDBMS. The Hadoop Market has great future prospects in trade and transportation, BFSI and retail sector. Global Hadoop market was valued at $1.5 billion in 2012, and is expected to grow at a CAGR of 58.2% during 2013 to 2020 to reach $50.2 billion by 2020.

The major drivers for the market growth is the growing volume of structured and unstructured data, increasing demand for big data analytics and quick and affordable data processing services offered by Hadoop technology. Distributed computing and security issues in Hadoop Platform are acting as major restraints for growth of this market. Global Hadoop Market, on basis of product, is segmented into software, hardware and services. The services segment is the major contributor in the overall global Hadoop market revenue throughout the forecast period.

Key Topics Covered:








Companies Mentioned:

  • Amazon Web Services
  • Cisco Systems
  • Cloudera Inc.
  • Datameer Inc.
  • Hortonworks Inc.
  • Karmasphere Inc.
  • MapR Technologies
  • Pentaho Corporation
  • Teradata Corporation
  • MarkLogic

For more information visit http://www.researchandmarkets.com/research/lzl2ck/global_hadoop

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