The Hadoop market will continue to grow at a high rate 2020 years ago

Forecast industry trends for the Hadoop market (hardware, software, services and Haas, final applications, and geography) based on a recent report from the Joint market research (Allied harsh Research,amr): 2020, The global market for Hadoop is expected to grow at a compound annual growth rate of 58.2% in 2013-2020. Market share will rise from $2013 trillion to $2 billion by 2020 to $50.2 billion trillion, up from 25 times-fold. The demand for large data analysis is the main driver of the entire Hadoop market.

The growing demand for significant expansion of both original and unstructured data and large data analysis is an important factor in the development of the global Hadoop market, as large data analysis provides better cost-effectiveness and faster data processing than traditional data analysis, such as relational database management systems. Only the current security problems of distributed computing and Hadoop platform hinder the development of the market, but as technology continues to evolve, these problems can be solved. In addition, the gradual reduction of operating costs and the provision of data management solutions can also promote market growth.

The Hadoop market is divided into software, hardware, and service markets on a type. Currently, as data analysis is more and more valued by enterprises, the service market accounts for almost 50% of the global market share of Hadoop, and the Hadoop service market is further subdivided into consulting, training and outsourcing, integration and deployment, and middleware support services. Consulting and training and outsourcing business accounted for the biggest gains in 2013, but the need for integration and deployment services to increase investment and real-time operations due to large data analysis is the fastest growing in the forecast period.

Software market Analysis of Hadoop

Hadoop's software market is expected to have the highest growth rate in the global market for Hadoop, largely because of increased venture capital that has led to an increase in the number of Hadoop distributors, which has contributed to the growth of the Hadoop software market. Hadoop's software market is further subdivided into applications, management software, packaged software, and performance monitoring software markets. In 2013, application software generated the highest revenue for the entire global Hadoop software market, mainly due to the use of data analysis applications built by application software developers. Hadoop's packaged software market is expected to grow at a compound annual rate of 62.9% in the forecast period, in part because leading agencies such as Mapp Technology, Hortonworks and Cloudera have largely traded Hadoop's packaged software solutions. In addition, Hadoop's packaged software provides easier Hadoop cluster deployments, so Hadoop projects such as MapReduce (a programming model), Sqoop (an Open-source tool), Hive (Hadoop tools) can be integrated smoothly.

Hardware market Analysis of Hadoop

The hardware market for Hadoop can be subdivided into servers, storage, and network equipment markets. In 2013, the storage market played a leading role in the hardware market revenue of Hadoop, mainly because the data for social media sites like Facebook,twitter and LinkedIn added up to TB levels each day. Hadoop's server market is expected to grow at a compound annual rate of 60.1% in 2013-2020.

Market Analysis of Hadoop services

The market for Hadoop services can be subdivided into consulting, training and outsourcing services, integration and deployment services, and middleware and support services. The consulting services market has generated the biggest benefit in the overall Hadoop service. This is related to large data analysis and decision making and Hadoop technology widely adopted by enterprises.

Market analysis of end user application of Hadoop

The global Hadoop market is subdivided across areas such as manufacturing, BFSI (financial services and insurance), government departments, retail, trade, transportation, it and ITES (Information Technology Enterprise External Services) companies, media and entertainment, health care, hotel and telecommunications end-users. Most of the current implementations of Hadoop include government departments, it and ITES (Information Technology Enterprise External services) companies, banks, finance and insurance companies, and government departments are the largest revenue-generating unit in the end-user application market for Hadoop. By 2020, however, BFSI (financial services and insurance) would overtake the government and achieve the highest volume of business in the end-user application market across Hadoop. The growing demand for real-time business for venture capital and large data analysis is also conducive to the growth of the Hadoop market.

Analysis of the geographic market of Hadoop

Regional analysis of the market shows that North America will continue to be the leading revenue-generating regional market in 2020 years, mainly in the majority of Hadoop development companies and technology providers in North America, and enterprises are widely used in Hadoop technology. In addition, the Asia-Pacific region will become one of the fastest growing regional markets in 2013-2020, with a composite annual growth rate of 59.2% per cent.

The report also listed major companies, such as Amazon Network Services, Cisco Systems, Cloudera company Datameer, Hortonworks, Karmasphere, MAPR Technology, Pentaho Company, Teradata Company and MarkLogic.