Hadoop Market- Forecast(2018 - 2023)
Posted by Venkatesh on September 4th, 2018
According to the new market research report by IndustryARC titled “Hadoop Market: By Software (Package, Management, Application); By Hardware (Storage, Network, Servers); By Service (Consulting, Training & Outsourcing & others); By End Users (Transportation, Public Utilities, Others); By Geography – Forecast (2018 - 2023),” the market will be driven by increasing adoption of data management platform to store, manage, process and to drive analytics & decisions making across industries.
The Hadoop software allows large data sets to be stored and processed in distributed system with the help of a computer programming model. It functions from single servers to multiple machines and can provide computation and storage. The adoption of new device technologies and communication has led to the production of more data which in turn increase Hadoop market.
Asia-Pacific Expected to Occupy Major Share in Hadoop Market
Asia-Pacific is expected to occupy more market share in the following years, especially in China, India and Southeast Asia Regions and also quick growing adoption in India and Southeast Asia regions. United States will play significant role in making advancement in the technology. Europe also plays an important role which cannot be ignored. The big data hadoop field is going through a transition on multiple fronts, and IT pros need to know where the technology is heading and skills will be in demand over the years to come.
Selected Service and Software Analysis Done in the Full Report:
The Global Hadoop market is segmented into software, hardware services and end-user, where the higher adoption of IoT will lead the telecommunication industry in end-user segment. The service segment is the major contributor in the global hadoop market. The software segment is further categorized into application software, packaged software and management software, followed by hardware segment. Application software is the largest and the leading segment in the global hadoop software market. Foremost reason for increase in revenue is its increasing execution by developers to build real time application that will help the market to continue its adoption.
Selected Driving Factors Mentioned in the Full Report
Machine learning is growing at a lighting speed, with a new generation of machine learning compilers will target for edge based inference. The new high-performance AI chipsets will be integrated with the data science development tools that will optimize the model for deployment and will streamline the overall process and will transform the businesses through man tasks.
Security is the big concern while handling big data over the cloud. With more advanced machine learning algorithm, AI will soon be the pre-eminent defense medium for cyber security.
Key Players of the Hadoop Market
The Hadoop Market is Segmented as Indicated Below:
The growing popularity in analytics platform will drive the demand for Hadoop Market.
A. Hadoop Market- By Software
1. Management Software
B. Hadoop Market- By Hardware
C. Hadoop Market- By Service
D. Hadoop Market- By End Users
E. Hadoop Market By Geography (16+ countries)
More than 10 companies are profiled in this report
H. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
What can you expect from the report?
The Hadoop Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Category
Any other major customizations can be discussed with our team. We can also provide you with a separate quote based on your requirements. You can drop an e-mail to email@example.com to learn more about our consulting services.
Mr. Venkat Reddy
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life Sciences & Healthcare.
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About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
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