(MENAFN- America News Hour) Global Hadoop Big Data Analytics Market: By Component [Software and Services (Consulting & Development, Managed Services and Training & Support)]. By Application (Risk & Fraud Analytics, Internet of Things (IoT), customer analytics, security intelligence, distributed coordination service, merchandising coordination service, merchandising & supply chain analytics and others), By End-User (BFSI, IT & telecommunication government & defense, manufacturing, transportation & logistics, healthcare and others) and Region – Forecast Till 2023.
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Market analysis
The developing size of unstructured data and information is requiring the utilization of cutting edge data analytics solutions. This is a noteworthy driver for market development. Simultaneously, factors, for example, IoT blast and expanding utilization of raw data in market knowledge is boosting the reception of Hadoop big data analytics among SMEs just as enormous endeavors. The global Hadoop big data analytics market is anticipated to develop at a CAGR of 36.37% during the figure time frame (2018-2023). The market is probably going to remain at a valuation of more than USD 52 billion towards 2023-end.
Market segmentation
The global Hadoop big data analytics market is segmented on the basis of its component, end-user, application and regional demand. Based on its Component, the market is bifurcated into Services ( Managed Services, Training & Support, and Consulting & Development) and Software. Based on its End-User, the market is divided into IT & Telecommunication Government & Defense, BFSI, Manufacturing, Healthcare, Transportation & Logistics, and Others. On the basis of its Application, the market is divided into Internet of Things (IoT), Risk & Fraud Analytics, Customer Analytics, Merchandising & Supply Chain Analytics, Distributed Coordination Service, Security Intelligence, Merchandising Coordination Service, and Others.
Regional analysis
Geographically, the global Hadoop big data analytics market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
Fair, Isaac and Company (FICO), Amazon Web Services, Datameer, Inc, Hitachi Ltd., and MapR Technologies, Teradata Corporation, Cloudera, Inc, Microsoft Corporation, IBM Corporation, Tableau Software, Inc, among others are some of the major players in the global Hadoop big data analytics market.
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