Technology News & Trends

  The global hadoop market is consolidated, as few players hold maximum share in this market. Leading players are acquiring smaller companies to strengthen their position in the market. For instance, Google acquired Cask Data that designs solutions to operate big data analytics services with the help of hadoop. This acquisition will benefit both companies and will further strengthen position of Google. Moreover, these players are investing heavily in research and development activities to develop their own version of hadoop software. They are also focusing on developing advance Hadoop-based data management, storage, and analytics solutions to the met the growing demand for various business enterprise. In this report, analysts have profiled prominent players such as Hortonworks Inc., Cloudera Inc., MapR Technologies Inc., IBM Corp, and EMC Corp. According to the data published by Transparency Market Research, the  global hadoop market  is like to witness significant growth...

Characterized by a consolidated vendor landscape, leading players in the global Hadoop market are vying to acquire smaller ones to strengthen their competitive position. Mergers and acquisition and partnerships are key growth strategies adopted by leading players to buoy growth. This is to penetrate into regional markets that hold immense potential for hadoop. Apart from this, leading players are focused on developing their own version of Hadoop to up their market share. Top names currently in the global hadoop market to name are Cloudera Inc., Hortonworks Inc., MapR Technologies Inc., EMC Corp., and IBM Corp. With mounting volumes of digital data, the market is likely to witness the entry of new players. As per a recent business intelligence study by Transparency Market Research (TMR), the global Hadoop market is likely to clock a phenomenal CAGR of 29% between 2017 and 2023. Rising at this rate, the market which stood at US$8,166.0 mn in 2017 is likely to reach US$37,759.0...