Global Hadoop Market is Expected to Reach $84.6 Billion - Higher Rate of Adoption in IT, Banking & Government Sectors

Feb 19, 2016, 07:10 ET from Research and Markets

DUBLIN, Feb. 19, 2016 /PRNewswire/ --

Research and Markets ( 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:

  • Currently, North America is the highest revenue-generating market for Hadoop-based products and service.
  • Trade & transportation industry would witness the fastest adoption of Hadoop-based services and products over the next 5 year.
  • The European Hadoop market would witness the fastest growth during 2016-2020.
  • The integration & deployment service segment would grow at the fastest CAGR of 64.8% by 2021.
  • The packaged software segment would grow at the fastest CAGR of 67.3% by 2021.

Companies Mentioned:

  • Amazon Web Services
  • Cisco Systems
  • Cloudera
  • Datameer
  • Fair Isaac Corporation
  • Hitachi Data Systems
  • Hortonworks Inc.
  • MapR Technologies
  • MarkLogic Corporation
  • Teradata Corporation

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

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SOURCE Research and Markets