DUBLIN, May 20, 2022--(BUSINESS WIRE)--The "Hadoop Market by Component, Deployment Model, Enterprise Size, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
Hadoop is a distributed processing platform that is used to analyze large amounts of data. Due to its cost-effectiveness and efficiency over traditional data analysis methods, such as RDBMS, the global Hadoop market has seen rapid expansion in recent years.
In addition, Hadoop makes it easier to use all the storage and processing capacity in cluster servers, and to execute distributed processes against huge amounts of data. Hadoop provides the building blocks, on which other services and applications can be built.
Cost-effective and fast data processing and large volumes of unstructured data boost the growth of the global Hadoop market. In addition, increase in demand for data analytics positively impacts the growth of the market.
However, increase in security concerns regarding Hadoop architecture, distributed computing, and access to data and fragmented data hamper the market growth. On the contrary, partnerships and funding's taking place in Hadoop market and data fusion is expected to offer remunerative opportunities for expansion of the market during the forecast period.
Amazon Web Services
Cisco Systems, Inc
Hitachi Data Systems
Fair Isaac Corporation
The study provides an in-depth analysis of the global Hadoop market forecast along with the current & future trends to explain the imminent investment pockets
Information about key drivers, restraints, & opportunities and their impact analysis on global Hadoop market trends is provided in the report
The Porter's five forces analysis illustrates the potency of the buyers and suppliers operating in the industry
The quantitative analysis of the market from 2021 to 2030 is provided to determine the market potential
Key Market Segments
By Deployment Model
By Enterprise size
By Industry Vertical
Retail & Consumer Goods
IT & Telecommunications
Government & Defense
Media & Entertainment
Energy & Utility
Trade & Transportation
Rest of Europe
Rest of Asia-Pacific
For more information about this report visit https://www.researchandmarkets.com/r/tespoy
View source version on businesswire.com: https://www.businesswire.com/news/home/20220520005201/en/
Laura Wood, Senior Press Manager
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