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Global Hadoop Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012 – 2018

  • Date Submitted: 08/11/2015 02:47 AM
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Global Hadoop Market Industry Analysis, Size,
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Press Release

Hadoop Market is Expected to Reach USD 20.9 Billion
Globally in 2018: Transparency Market Research

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Global Hadoop Market


According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) "Hadoop Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast, 2012- 2018," the global Hadoop market was worth USD 1.5 billion in 2012
and is expected to reach USD 20.9 billion in 2018, growing at a CAGR of 54.7% from 2012 to 2018. North
America was the largest market for Hadoop in 2012 due to huge amounts of data generated in the region
and the growing need to store and process the accumulated data.
Browse the full report at http://www.transparencymarketresearch.com/hadoop-market.html
The Hadoop market is driven by exponentially growing volumes of unstructured data and Hadoop's
capacity to access data at faster speed and cheaper cost as compared to conventional systems such as
RDBMS. Not just organizations such as NASA, Apple, Wal-Mart, Facebook or Google, but almost every
Fortune 500 company deals with an enormous data warehouse, where massive amount of data has been
accumulated. Hadoop not only adds new capabilities in the data management system and can manage
unstructured data; it can do so at a higher speed and lower cost. This has resulted in Hadoop gaining
popularity in recent years as one of the best big data management solutions available.
However, the market faces certain challenges such as unavailability...


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