Streamlined Nature, Scalability and Cost-Effectiveness Behind Hadoops Popularity

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Global Hadoop Market Industry Analysis, Size,

Share, Growth, Trends,

and Forecast, 2012 - 2018

Published Date

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113 Page Report

June-2014

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Press Release

Hadoop Market is Expected to Reach USD 20.9 Billion

Globally in 2018: Transparency Market Research

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Global Hadoop Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research

(http://www.transparencymarketresearch.com) "Hadoop Market - Global Industry Analysis, Size, Share,

Growth, Trends, and Forecast, 2012- 2018," the global Hadoop market was worth USD 1.5 billion in 2012

and is expected to reach USD 20.9 billion in 2018, growing at a CAGR of 54.7% from 2012 to 2018. North

America was the largest market for Hadoop in 2012 due to huge amounts of data generated in the region

and the growing need to store and process the accumulated data.

Browse the full report at http://www.transparencymarketresearch.com/hadoop-market.html

The Hadoop market is driven by exponentially growing volumes of unstructured data and Hadoop's

capacity to access data at faster speed and cheaper cost as compared to conventional systems such as

RDBMS. Not just organizations such as NASA, Apple, Wal-Mart, Facebook or Google, but almost every

Fortune 500 company deals with an enormous data warehouse, where massive amount of data has been

accumulated. Hadoop not only adds new capabilities in the data management system and can manage

unstructured data; it can do so at a higher speed and lower cost. This has resulted in Hadoop gaining

popularity in recent years as one of the best big data management solutions available.

However, the market faces certain challenges such as unavailability...