What is Hadoop Big Data Analytics?
Hadoop refers to an open-source software which stores the data and running application on a cluster of commodity hardware by processing framework. It is also a distributed processing technology used for big data analysis. (Big data analysis is a technique used to examine big data in order to uncover various hidden pattern, unknown correlations, market trends, customer preferences and other information which helps the organization to take a various decision.) Hadoop allows to store this kind of data, enormous processing power and has the ability to handle it virtually. It brings flexibility in the processing as it manages the data whether structured or unstructured, encoded or formatted and allows to make the useful decision when required.
The market study is broken down by Type (Cloud-based and On-premises), by Application (IT and ITES, Government Sector, Manufacturing, Retail, Banking, Financial Services and Insurance, Trade and Transportation and Others) and major geographies with country level break-up. According to AMA, the Global Hadoop Big Data Analytics market is expected to see growth rate of 51.84% and may see market size of USD48.34 Billion by 2026.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Hadoop Big Data Analytics market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amazon Web Services (United States), Cloudera (United States), Hortonworks (United States), MapR Technologies, Inc. (United States), IBM (United States), Microsoft Corporation (United States), Dell Inc. (United States), Teradata Corporation (United States), SAP SE (Germany), Pentaho Corporation (United States), Datameer, Inc. (United States), Pivotal Software, Inc. (United States) and Marklogic Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Karmasphere, Inc. (United States) and Tableau Software, Inc. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Hadoop Big Data Analytics market by Type, Application and Region.
On the basis of application, IT and ITES segment is dominating the market in the year 2020 where as Government Sector segment stood as second largest market.
On the basis of geography, the market of Hadoop Big Data Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Security Intelligence, the sub-segment i.e. Risk & Fraud Analytics will boost the Hadoop Big Data Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Software, the sub-segment i.e. Management software will boost the Hadoop Big Data Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solution will boost the Hadoop Big Data Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Hardware , the sub-segment i.e. Storage will boost the Hadoop Big Data Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In October 2018, Cloudera and Hortonworks , both built a big business by packaging Hadoop for the enterprise announces to merge to create world’s leading next generation data platform and deliver industry’s first enterprise data cloud.
Hadoop, an open-source framework allows storing & processing of big data in a dispersed environment through clusters of computers with use of simple programming models. This is intended to scale up from single servers to thousands of machines, each providing local computation as well as storage. According to the research, around 90% of global organizations account medium to high levels of investment in big data analytics. Furthermore, about two-thirds of respondents report that big data and analytics initia
Many countries, such as The US, UK, and European Union (EU) member countries, have started big data government programs. The UN’s 2012 e-government survey provided high marks to many Asian countries, particularly South Korea, Singapore and Japan. These countries have launched diverse initiatives on Big Data & started numerous projects. Privacy of data is important for both businesses & government.
Market Trend
- Recent Technology Development in Hadoop
- Increasing Number of Partnership and Funding in Hadoop Market
Market Drivers
- Growing Demand for Big Data Analytics
- Convergence of Internet of Things (IoT) and Big Data
Opportunities
- Driving Business Growth Through Innovations and Advancement in Technology
Restraints
Challenges
- Security Issues Related to Hadoop Big Data Platforms
- Wide Talent Gap
Key Target Audience
Hadoop Big Data Analytics Companies, Technology Service Providers, Value-added Resellers, Government Bodies & Research Organizations, Cloud Service Providers, Association & Industry Bodies, Technology Consultants and Satellite Service Providers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.