Hadoop Market 2021 Covid-19 Impact Analysis By Industry Trends, Future Demands, Emerging Technologies, Prominent Players, Future Plans And Forecast Till 2030

In a recent published report, Kenneth Research has updated the market report for Hadoop Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Hadoop Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.

Hadoop is a data storage processing system that enables data storage, file sharing, data analytics etc. The technology is scalable & enables effective analysis from large unstructured data therefore adding value. With increasing role of social media and internet communication Hadoop is being largely used by various spectrum of companies ranging from Facebook to Yahoo. Other big users of Hadoop include Cloudera, Hortonworks, IBM, Amazon, Intel, Mapr, Microsoft. This technology facilitates its users to handle more data through enhanced storage capacity also enables data retrieval in case of hardware failure.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Hadoop as a solution is increasingly offering data retrieval and data security features. These features are getting better with time. This is leading to enhanced solution to database management systems (DBMS). Hadoop software is the highest growing market in comparison to hardware and services. In terms of geographical segmentation, North America expected to lead the revenues in this market due to higher rate of technology adoption.

The exploding big data from the web has generated huge opportunities for storage and analytics software. The development of e-commerce results in increase in amount of unstructured data from social media. As a result, large and complex datasets are being generated in almost all business activities. Due to which the need for storage, maintenance, and analysis of such data sets has arrived. Hadoop has the ability to handle all types of data from every types of systems. It not only let you to store data but also to reveal insights by establishing relationships between different data sets. The explosion of the volume of content, and more importantly, new forms of it including Tweets and posts to social media, has increased the need to use any type of information from nearly any source.

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Companies profiled include

1.Intel
2. Cloudera
3. Hortonworks
4. Microsoft
5. MapR Technologies
6. IBM
7. Amazon
8. Cisco Systems Inc
9. Datameer
10. Teradata Corporation
11. Informatica
12. Pentaho
13. Hadapt
14. Cask
15. Qubole
16. Alpine Data Labs
17. Appfluent
18. DataStax
19. Apache Bigtop
20. Cascading
21. Cloudspace
22. Datamine Lab
23. Data Salt
24. Data Torrent
25. Hstreaming
26. Impetus
27. Apache Mahout
28. Nutch
29. VM Ware
30. Emblocsoft

This Research Report covers

1. Historical data
2. Revenue forecasts, growth rates and CAGR upto 2028
3. Industry Analysis
4. Competitive Analysis
5. Key geographic growth data

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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Christophe Rude
Christophe Rude
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