DUBLIN, Feb. 19, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/t6mhcn/world_hadoop) has announced the addition of the "World Hadoop Market - Opportunities and Forecasts, 2014 - 2021" report to their offering.
The global hadoop market is expected to garner revenue of $84.6 billion by 2021, registering a CAGR of 63.4% during 2016 to 2021. North America accounted for around 52% share of the overall market revenue in 2015, owing to higher rate of adoption in industries such as IT, banking, and government sector. Europe is anticipated to witness the fastest CAGR of 65.7% during the forecast period.
The Hadoop ecosystem comprises Hadoop software, hardware and services. In 2015, the services segment dominated the market, accounting for approx. 49% share owing to growing demand for big data analysis across various organizations. The Hadoop services market is further segmented into consulting, training & outsourcing, integration & deployment, and middleware & support services.
The consulting, training & outsourcing segment generated revenue of $1.6 billion in 2015. The integration & deployment services segment would witness the fastest CAGR of 64.8% during the forecast period, due to increasing investments in big data analytics and demand for real-time operations. The Hadoop software market is segmented into application software, management software, packaged software, and performance monitoring software. Application software was the highest revenue-generating segment in the market in 2015, whereas packaged software segment is anticipated to grow at the fastest CAGR by 2021.
Key Findings:
Companies Mentioned:
Key Topics Covered:
CHAPTER 1 - Introduction
CHAPTER 2 - Executive Summary
CHAPTER 3 - Market Overview
CHAPTER 4 - Market by Type
CHAPTER 5 - Market by End User
CHAPTER 6 - Market by Geography
CHAPTER 7 - Company Profiles
For more information visit http://www.researchandmarkets.com/research/t6mhcn/world_hadoop
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SOURCE Research and Markets
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