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Hadoop Big Data Analytics Market to Reach $40 Billion by 2021: Increasing Volume of Structured & Instructed Data to Drive Growth - Research and MarketsResearch and Markets has announced the addition of the "Hadoop Big Data Analytics Market - Global Forecast to 2021" report to their offering. The Hadoop big data analytics market is projected to grow from USD 6.71 Billion in 2016 to USD 40.69 Billion by 2021, at a CAGR of 43.4% during the forecast period. The increasing volume of structured & instructed data and the need to store, manage, and analyze data are factors driving the growth of the Hadoop big data analytics market The market for Hadoop big data analytics market is growing significantly, owing to the increasing adoption of Hadoop big data and BI solutions by companies to manage exponentially generated data each day. Increasing demand for cost-effective and faster analytics solutions to convert information collected by big data and IoT into actionable decisions is one of the most significant factors driving the growth of he Hadoop big data analytics market. However, immaturity of Hadoop platform is acting as a restraint to the growth of the Hadoop big data analytics market. The Asia-Pacific Hadoop big data analytics market is projected to grow at the highest CAGR during the forecast period. This growth is mainly attributed to the increasing deployment of Hadoop big data analytics solutions by organizations in the Asia-Pacific region to enhance their efficiency and streamline their business processes. Key vendors:
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Hadoop Big Data Analytics Market, by Component 7 Hadoop Big Data Analytics Market, by Application 8 Hadoop Big Data Analytics Market, by Vertical 9 Regional Analysis 10 Competitive Landscape 11 Company Profiles 12 Key Innovators For more information about this report visit http://www.researchandmarkets.com/research/ttw35w/hadoop_big_data View source version on businesswire.com: http://www.businesswire.com/news/home/20170110006169/en/ |
