Hadoop And Big Data Analysis Market Review: All Eyes on 2023 Outlook

According to HTF Market Intelligence, the Global Hadoop And Big Data Analysis market to witness a CAGR of 16.10% during forecast period of 2023-2028. The market is segmented by Global Hadoop And Big Data Analysis Market Breakdown by Components (Solutions, – Data Discovery and Visualization (DDV), – Advanced Analytics (AA), Services) by Deployment Mode (On-premises, Cloud-based) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Hadoop And Big Data Analysis market size is estimated to increase by USD 10.7 Billion at a CAGR of 16.10% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 12.8 Billion.

Hadoop is an open-source framework used for distributed storage and processing of large and complex data sets. It allows organizations to store, process, and analyze massive amounts of structured, semi-structured, and unstructured data, using a cluster of commodity hardware. Hadoop provides a cost-effective and scalable solution to handle big data challenges that traditional relational databases are not equipped to handle.

Hadoop And Big Data Analysis market – Competition Analysis

The global Hadoop And Big Data Analysis market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Microsoft (United States), AWS (United States), Cloudera (United States), HPE (United States), IBM (United States), Oracle (United States), SAP (Germany), Google (United States), SAS Institute (United States), Salesforce (United States).

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