Hadoop Big Data Analytics Market Scope

Hadoop Big Data Analytics Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, CAGR, SWOT analysis, Expert Review and restraints. The report includes data on research & development, Segmentation data by Component, Application & End user also share upcoming trends ofHadoop Big Data Analytics Industry.

Hadoop Big Data Analytics Market will touch USD 80.22 Billion at a whopping 27.41% CAGR between 2020- 2030, reveals the current Market Research Future’s (MRFR) hadoop big data analytics market forecast report. 

Primary Drivers and Main Barriers

MRFR anticipates a brisk growth of the hadoop big data analytics market in the near future, thanks to the tsunami of data being generated across various industry verticals, which is only expected to surge further in the coming years. Big data analytics are projected to be used by leading market contenders to facilitate growth, productivity as well as innovation. Careful operational scrutiny by these players to precisely track everyday operations has boosted big data. These efforts are some of the most effective strategies that are used by companies to achieve a better position in the global market. Data experts view this as a significant trend that can lead considerable expansion of the Hadoop big data analytics market in the following years.

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The investments being made by market participants in next generation solutions has increased tremendously over the years, which are also anticipated to induce industry growth. Companies are increasingly churning out highly advanced integrated solutions with superior features to expand their customer base in the market. End-users are doing everything in their capacity to bring down the hardware costs, which not only strengthens their market position but also boosts the demand for Hadoop big data analytics.

The emerging trend of visualization-backed data discovery tools is being continuously explored by organizations to reap more benefits from Big Data. This trend is also picking up speed in the market on the back of increasing availability of mobile devices. Organizations largely dependent on centralized development of reports usually conducted by highly skilled experts are now opting for the quicker and more cost-effective business intelligence model that leverages the dynamic combination of mobile workforce and Big Data.

Hadoop Big Data Analytics Market Key Players

Significant competitors in the Hadoop big data analytics industry are MapR Technologies (U.S.), Tableau Software, Inc. (U.S.), Karmasphere, Inc. (U.S.), Microsoft Corporation (U.S.), Cloudera, Inc. (U.S.), Teradata Corporation (U.S.), Pentaho Corporation (U.S.), Datameer, Inc. (U.S.), IBM Corporation (U.S.), Amazon Web Services (U.S.), to list a few.

Hadoop Big Data Analytics Market Segmentation

By Component 

  • Software 
  • Services

By Application 

  • Risk and Fraud Analytics 
  • Internet of Things (IoT)
  • Customer Analytics 
  • Security Intelligence 
  • Distributed Coordination Service 
  • Merchandising and Supply Chain Analytics

By End-User 

  • BFSI
  • IT and Telecommunication 
  • Government and Defense 
  • Manufacturing 
  • Transportation and Logistics 
  • Healthcare 
  • Others

Hadoop Big Data Analytics Market Regional Study

The regional study of the market for Hadoop big data analytics comprises North America, Europe Asia Pacific or APAC and the Rest of the World or RoW.

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In 2017, studies revealed North America as the most profitable market with a share of 54.44% at a value of USD 4.71 billion. The North American market is all set to gain high traction globally, at a rate of 34.90% over the forthcoming period. Countries like the United States (U.S.) along with Canada, is quite advanced, with respect to technology. This means faster adoption of state of the art technologies and a massive foothold of Big Data analytics providers. The rapid expansion of business insights in the region also warrants substantial market growth.

Developing countries like India and China in the APAC market are growing rapidly on account of the surge in industrialization as well as urbanization. The government-backed initiatives like smart city concept are emerging quite swiftly in the region, because of which the Hadoop big data analytics market is presumed to perform incredibly in the next few years.

Key Points Covered in the Report:

  • The Hadoop Big Data Analytics research assesses the industry’s share in terms of demand and supply, as well as volume.
  • The study mentions the market share acquired by each product category in terms of consumption value and volume.
  • The report meticulously discusses financial records of cumulative sales and overall income gathered by each product category.
  • The study includes information on the major organizations’ sales, product pricing methods, revenue shares, and gross margins.
  • The operational base of the listed enterprises throughout many locations, as well as their distribution methods, is considered.
  • There is also information on the market concentration ratio, partnerships, alliances, acquisitions, new rivals, and other significant changes. 

Major Points from TOC:

  • Global Hadoop Big Data Analytics Overview
  • Executive Summary
  • Production and Capacity by Region
  • Production, Revenue, Price Trend by Type
  • Key Players Analysis

Continued…

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