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Enterprises generate structured and unstructured data due to various sources such as embedded systems and metadata. Technavio’s market study identifies the growing structured and unstructured data to be one of the primary factors driving the Hadoop market growth. Enterprises are utilizing Hadoop to process huge volumes of big data generated and to use the data effectively, as organization and analysis of large amounts of data manually is a tedious task. Hadoop and big data analytics help the enterprises to optimize their business decisions and innovate new business models, products, and services offerings. Our market analysts forecast the Hadoop market to grow steadily at a CAGR of more than 39% by 2021.
Owing to factors such as the increase in data and the popularity of advanced analytics, the usage of big data and Hadoop is increasing in cloud computing. Companies are depending on cloud technology to optimize large volumes of data from various sources. Cloud platforms are scalable, agile, and have high adaptability. These features make this platform a more flexible platform for deploying various analytical tools. The shift to cloud computing is identified to be one of the key factors contributing towards the increased demand of the Hadoop market.
The Hadoop market is moderately concentrated owing to the presence of few key vendors that dominate the market. To improve their market positions, the vendors are focusing on cloud offerings and bringing together diverse mobile technologies, data, and analytics. According to the hadoop market analysis research report, the intense competition among players in the big data Hadoop market will result in market consolidation.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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