Global Hadoop Market worth $13.95 Billion by 2017

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Global Hadoop Market worth $13.95 Billion by 2017

According to a new market research report, "Hadoop Market [By Hardware (Servers, Storage
& Network Equipment); By Software (Packaged, Management, Application and Performance
Monitoring); By Services (Professional, Technical & Cloud)] - Global Advancements, Business
Models, Technology Roadmap, Forecasts & Analysis (2012 - 2017)"
, the total Hadoop market is
expected to reach $13.95 Billion by 2017 with a CAGR of 54.9%.
Browse 70+ market tables and in-depth TOC on "Hadoop (Big Data & Analytics) Market [By
Hardware (Servers, Storage & Network Equipment); By Software (Packaged, Management,
Application and Performance Monitoring); By Services (Professional, Technical & Cloud)] - Global
Advancements, Business Models, Technology Roadmap, Forecasts & Analysis (2012 - 2017)".


http://www.marketsandmarkets.com/Market-Reports/hadoop-market-766.html




Apache Hadoop is a parallel distributed processing middleware technology which is applied
across various industry verticals to perform Big Data analytics. Most data gathered by
organizations are unstructured data. Hadoop-based applications are hence applied by
organizations that need real-time analytics from data such as audio, video, email, machine-
generated data from a multitude of sensors and data from external sources such as the Internet
and social media. Hadoop-based applications are widely applied across business verticals with
strong web-based business process for various customer related analysis such as clickstream
analysis, marketing analytics, processing machine generated data, processing digital content
and web text processing.
Scientific applications which require high degree of parallelism or need to operate on large
volumes of data also benefit from MapReduce and Hadoop. Scientific applications are mostly
used by companies in the Bioinformatics and Healthcare verticals. Hadoop applications such as
HDFS, Hive, Pig, and Hbase have also been developed by Apache Software Foundation to
support loading, storing, and transforming data in a Hadoop cluster. These Hadoop applications
ensure that organizations across various industry verticals can undertake a smooth transition
from traditional analytics towards Hadoop-based big data analytics.
The global Hadoop market revenue is expected to grow from $1.56 billion in 2012 to $13.95
billion by 2017, at an estimated CAGR of 54.9% from 2012 to 2017.North America holds the
largest share of the Hadoop market revenue in 2012 at $0.84 billion; and is expected to reach
$6.92 billion by 2017, at a CAGR of 52.4% from 2012 to 2017.

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