By 2021, The market value of Hadoop big data analysis market will reach 40.69 billion dollars
According to the market and market of the market research company, a new market research report says that, Hadoop's big data market output is expected to rise from US $6.71 billion in 2016 to US $2.069 billion in 2016 to a CAGR of 43.4% in 2021. The report, entitled "Global Forecast of Hadoop Big Data Analysis Market from 2016 to 2021", covers components (solutions and services), application software (risk and fraud analysis, sales and supply chain management, customer analysis, unloading mainframe and security intelligence), vertical regions and regions.
Hadoop
The main driving force of market growth is that organizations increasingly need to deploy Hadoop large-scale data analysis solutions to analyze the significant growth of structured and unstructured data and obtain feasible insights. In addition, enterprise organizations increasingly need to use a large amount of data and information collected on the Internet of Things for decision-making, which has stimulated the demand for Hadoop big data analysis solutions, thus driving the entire Hadoop data. During this forecast period, this field has developed rapidly.
In the component, these solutions are expected to lead the Hadoop big data analysis market during the forecast period.
From the perspective of market components, Hadoop big data analysis market is divided into solutions and services. The solution is expected to lead the Hadoop data analysis market between 2016 and 2021. The cost-effectiveness of Hadoop, which processes large data sets from a distributed computing environment, and the demand for highly scalable solutions have promoted Hadoop's big data analysis market solutions. As organizations increasingly need to manage data on distributed computing platforms, This performance monitoring in the Hadoop big data analysis market?? The subset of control software solutions is expected to grow at the highest CAGR in the forecast period.
This part of Hadoop big data analysis market is expected to grow at the highest compound annual growth rate in the forecast period of 2016-2021.
As advanced analytics are increasingly needed to improve data visibility and protection, Hadoop big data analysis market is in the application of security intelligence, which is expected to be in the forecast period and will have the highest compound annual growth rate.
From a vertical perspective, the Banking and Financial Services Department (BFSI) is expected to lead the Hadoop data analysis market in the forecast period.
From a vertical perspective, the diversified banking and financial services industry (BFSI) early used Hadoop big data analysis solutions and services to understand their customers' needs, and updated services and solutions accordingly), which is expected to lead the Hadoop data analysis market.
It is expected that North America will lead Hadoop's big data analysis market during the forecast period
The report examines Hadoop data analysis markets in North America, Asia Pacific, Europe, the Middle East, Africa and Latin America. It is expected that North America will lead the Hadoop big data analysis market between 2016 and 2021. In North America, the amount of data generated by each organization is growing significantly every day. The growth of data has led more and more vertical companies to adopt Hadoop's big data analysis solutions, such as BFSI in North America, retail and consumer goods, and promote the growth of Hadoop's big data analysis market in this region.
Microsoft, Amazon Web Services, IBM, Teradata, Tableau software, Cloudera, Pentaho, Marklogic, SAP SE and Pivotal software are major players in the Hadoop big data analysis market in Germany.
