Global Hadoop Market worth $13.95 Billion by 2017

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MarketsandMarkets Presents
Global Hadoop Market worth
13.95 Billion by 2017

http//www.marketsandmarkets.com/Market-Reports/ha
doop-market-766.html
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• According to a new market research
  report, Hadoop Market By Hardware (Servers,
  Storage Network Equipment) By Software
  (Packaged, Management, Application and
  Performance Monitoring) By Services
  (Professional, Technical Cloud) - Global
  Advancements, Business Models, Technology
  Roadmap, Forecasts Analysis (2012 - 2017), the
  total Hadoop market is expected to reach 13.95
  Billion by 2017 with a CAGR of 54.9.
• Browse
• 70 market tables and in-depth TOC on Hadoop
  (Big Data Analytics) Market
• Business Models
• Technology Roadmap
• Forecasts Analysis (2012 2017)
• http//www.marketsandmarkets.com/Market-Reports/h
  adoop-market-766.html

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Apache Hadoop is a parallel
distributed processing middleware technology
which is applied across various industry
verticals to perform Big Data analytics. Most
data gathered by organizations are unstructured
data. Hadoop-based applications are hence applied
by organizations that need real-time analytics
from data such as audio, video, email,
machine-generated data from a multitude of
sensors and data from external sources such as
the Internet and social media. Hadoop-based
applications are widely applied across business
verticals with strong web-based business process
for various customer related analysis such as
clickstream analysis, marketing analytics,
processing machine generated data, processing
digital content and web text processing. Scientif
ic applications which require high degree of
parallelism or need to operate on  large volumes
of data also benefit from MapReduce and Hadoop.
Scientific applications are mostly used by
companies in the Bioinformatics and Healthcare
verticals. Hadoop applications such as HDFS,
Hive, Pig, and Hbase have also been developed by
Apache Software Foundation to support loading,
storing, and transforming data in a Hadoop
cluster. http//www.marketsandmarkets.com/Mar
ket-Reports/hadoop-market-766.html
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These Hadoop applications ensure that
organizations across various industry verticals
can undertake a smooth transition from
traditional analytics towards Hadoop-based big
data analytics. The global Hadoop market revenue
is expected to grow from 1.56 billion in 2012 to
13.95 billion by 2017, at an estimated CAGR of
54.9 from 2012 to 2017. North America holds the
largest share of the Hadoop market revenue in
2012 at 0.84 billion and is expected to reach
6.92 billion by 2017, at a CAGR of 52.4 from
2012 to 2017. http//www.marketsandmarkets.com
/Market-Reports/hadoop-market-766.html
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