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    Hadoop Market Report

    Hadoop Market Report
    Report code - SR1885 Delivery - 2 Weeks
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    Hadoop Market Size, Share, Trend, Forecast, & Industry Analysis: 2022-2026.
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    Market Insights

    The Hadoop market is projected to grow from USD 30.7 billion in 2020 to USD 187.8 billion by 2026 at a CAGR of over 35.8% during the forecast period.

    This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Hadoop market. The historic years considered for the study are 2016-2019, base year is 2020, estimated year is 2021, and forecast period is 2022-2026.

    Hadoop Market- Research Scope

    Base Year of Study

    2020

    Trend Period

    2016-2019

    Forecast Period

    2022-2026

    Estimated year

    2021

    Market Size in 2020

    USD 30.7 billion

    Market Size in 2026

    USD 187.8 billion

    Market Growth (2021-2026)

    35.8% CAGR

     

    Figure: Hadoop Market Size, 2020-2026 (USD Billion)

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    Hadoop is primarily a software framework for managing data and storage in clustered systems for big data applications. It enables users to collect, process, and analyses data. Despite the fact that Hadoop is the market leader, not all organizations are capable of installing and maintaining an in-house Hadoop environment. When using the technology, users do not need to invest in or install additional infrastructure on their premises because it is provided and managed by a third-party vendor.

    Key Players

    The key players operating in the Hadoop market are-

    • Amazon Web Services, Inc.
    • Cisco Systems, Inc.
    • Cloudera, Inc.
    • Datameer, Inc.
    • Dell EMC
    • Google LLC
    • International Business Machines Corporation
    • MapR Technologies
    • MarkLogic Corporation
    • Teradata Corporation.

    Market Dynamics

    During the forecast period, cost-effectiveness and faster data processing are expected to drive growth in the Hadoop market. Hadoop is more efficient and cost-effective than the previous relational database management system (RDBMS). A significant impediment to market growth is a lack of adequately qualified and experienced work professionals. Untapped potential in emerging markets may provide significant business opportunities in the Hadoop market.

    Segments Analysis

    Organization Size Trends

    Based on Organization Size, the Hadoop market has been classified into Large Enterprises, Small & Medium Enterprises. The Small & Medium Enterprises segment accounted for the largest market.

    Regional Trends

    By region, the Hadoop market in North America accounted for the largest market share in 2020. The presence of key market players such as Microsoft Corporation, IBM Corporation, Amazon web services, and others has contributed to the region's growth. Furthermore, the increased adoption of big data technologies by organizations to improve consumer target marketing and risk management capabilities is expected to drive Hadoop market growth.

    COVID-19 Impact on Hadoop Market

    The pandemic has had a significant impact on almost all industries, including manufacturing, retail and e-commerce, telecommunications and information technology, and others. To combat the COVID-19 pandemic, most countries implemented lockdown and are now easing it phase-by-phase and industry-by-industry. During the Coronavirus (COVID-19) Pandemic, Hadoop has played an important role in the modern healthcare system. Furthermore, Hadoop is used to process the collected data. Map Reduce is used to process the input data, and the result is stored in the Hadoop Distributed File System (HDFS).

    Critical Questions Answered in the Report

    • What are the key trends in the Hadoop market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
    • What is the impact of COVID-19 on Hadoop market?
    • What are the key strategies adopted by the major vendors to lead in the Hadoop market?
    • What is the market share of the top vendors?

    Target Audience

    The target audience of Hadoop Market includes-

    • Hadoop companies
    • Hadoop distributors
    • Government organizations
    • IT & Telecommunication
    • Healthcare
    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The Hadoop market is projected to grow from USD 30.7 billion in 2020 to USD 187.8 billion by 2026 at a CAGR of over 35.8% during the forecast period.

    The key players operating in the Hadoop market are Amazon Web Services, Inc., Cisco Systems, Inc., Cloudera, Inc., Datameer, Inc., Dell EMC, Google LLC, International Business Machines Corporation, MapR Technologies, MarkLogic Corporation, and Teradata Corporation.

    The target audience of Hadoop Market includes Hadoop companies, Hadoop distributors, Government organizations, IT & Telecommunication, Healthcare.