Hadoop Big Data Analytics Market Growth 2022-27, Share, Industry Report Analysis

According to the latest report by IMARC Group, titled “Hadoop Big Data Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global Hadoop big data analytics market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global Hadoop big data analytics market reached a value of US$ 14.21 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 36.26 Billion by 2027, exhibiting a CAGR of 16.10% during 2022-2027.

What is big data analytics and Hadoop?

Gigabytes to petabytes of data can be stored in massive datasets using the open-source software architecture known as Hadoop. It handles both organised and unstructured data, offering users more freedom to gather, analyse, and examine various datasets. It also offers a number of advantages, including quick processing of huge datasets, resistance to failure through data replication over the network, and improved scaling of nodes in the current cluster. Because of this, it is commonly used by organisations for both production and research.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Hadoop Big Data Analytics Market Trends and Drivers:

The market is primarily driven by the expanding information and technology (IT) industry across the globe. In addition, the efficiency and cost-effectiveness provided by Hadoop over conventional data analysis tools, such as relational database management system (RDBMS), represents another major growth-inducing factor.

Besides this, various businesses worldwide are relying on Hadoop big data analytics as it acts as a storage for big data and facilitates self-service business intelligence (BI), which efficiently integrates the data from different sources, such as videos, logs files, clickstreams, and social media.

This, coupled with the growing digitalization in businesses across different industry verticals, is creating a favorable market outlook across the globe.

Global Hadoop Big Data Analytics Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Alteryx Inc., Amazon Web Services Inc. (Amazon.com Inc.), Dell Technologies Inc., Fair Isaac Corporation, Google LLC, Hewlett Packard Enterprise Company, Intel Corporation, International Business Machines Corporation, Microsoft Corporation, Salesforce.com Inc., SAS Institute Inc., Splunk Inc. and TIBCO Software Inc.

The report has segmented the market on the basis of region, component, deployment mode, business function, organization size and end user.

Breakup by Component:

• Solutions
• Data Discovery and Visualization (DDV)
• Advanced Analytics (AA)
• Services

Breakup by Deployment Mode:

• On-premises
• Cloud-based

Breakup by Business Function:

•  Marketing and Sales
• Operations
• Finance
• Human Resources

Breakup by Organization Size:

• Large Enterprises
• Small and Medium-sized Enterprises

Breakup by End User:

• BFSI
• Retail
• IT and Telecom
• Healthcare and Life Sciences
• Manufacturing
• Media and Entertainment
• Others

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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