Hadoop Big Data Analytics Market

New Product Launches, and Acquisitions to Achieve Growth in the Hadoop Big Data Analytics Market

The Hadoop big data analytics market is projected to grow from USD 6.71 Billion in 2016 to USD 40.69 Billion by 2021, at a CAGR of 43.4% during the forecast period, 2016 to 2021. The Hadoop big data analytics market has witnessed substantial growth in the recent years, owing to exponentially increasing big data and growing need for big data analytics to process data quickly and cost-effectively. Moreover, the demand for Hadoop big data analytics market is increasing due to convergence of Internet of Things (IoT) and big data to get data in highly sophisticated format for improved decision-making.

Key players in the Hadoop big data analytics market are Microsoft Corporation (U.S.), Amazon Web Services (U.S.), IBM Corporation (U.S.), Teradata Corporation (U.S.), Tableau Software, Inc. (U.S.), Cloudera Inc. (U.S.), Pentaho Corporation (U.S.), Marklogic Corporation (U.S.), SAP SE (Germany), and Pivotal Software, Inc. (U.S.), among others. These players have adopted various growth strategies, such as partnerships, collaborations & agreements, new product launches, and acquisitions to achieve growth in the Hadoop big data analytics market. New product launches accounted for a share of 48% of the total growth strategies adopted by the market players between 2012 and 2016. The strategy of partnerships and collaborations & agreements together accounted for a share of 41% of the total developments that took place in the Hadoop big data analytics market between 2012 and 2016. Market players have been focusing on these strategies to increase their customer base and revenues.

Microsoft Corporation (U.S.) has been consistently focusing on offering various innovative services, such as enterprise mobility, big data, cloud infrastructure, and application developer, among others. These services enable transformation of businesses through use of data. The company collaborated with various key players, such as South Korea-based mobile operator, LG Uplus to tap new business opportunities in the Hadoop big data analytics market. In addition, the company offers various products, such as HDInsight, which is an Apache Hadoop distribution on cloud, capable of processing unstructured or semi-structured data from web clickstreams, social media, server logs, devices, and sensors. The modular platform of the company enables users to develop next generation application systems. The company has over 100 subsidiaries across the globe in varied regions, such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. In January 2016, Microsoft Corporation introduced an advanced-analytics platform, based on the open source R programming language. The platform works well with Windows, Linux, Hadoop, and Teradata software. Users can run R scripts in high-performance, parallel architecture of this platform to analyze data.

Amazon Web Services (AWS), which is a subsidiary of Amazon.com Inc., has been consistently focusing on providing a broad set of global services, which include computing, storage, database, analytics, applications, and deployment to customers. To increase its product outreach and extend its business portfolio to different markets, the company primarily follows the strategy of new product launches. In August 2016, Amazon Web Services launched Amazon Kinesis Analytics for continuously querying streaming data by using standard SQL. It provides an easy access to SQL for analyzing real-time streaming data so that customers can obtain actionable insights to make their businesses fast. The company has its presence across North America, Germany, Japan, and the U.K. The company has collaborated with various key players, such as the U.S. National Oceanic and Atmospheric Administration (NOAA) to explore sustainable models for increasing the amount of open NOAA data, which is made available via cloud. These collaborations aimed at spurring innovations and building a healthy and vibrant ecosystem around data. The major competitors of the company are Microsoft Corporation (U.S.), which is carrying out research & development (R&D) activities for its cloud product, Microsoft Azure. The product offers similar suite for products focused on storage, networking, and infrastructure. Other competitors of the company include IBM Corporation (U.S.), Teradata (U.S.), Cloud Era (U.S.), and Pentaho (U.S.), among others.

This research report on the Hadoop big data analytics market analyzes global adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, regulatory landscapes, and value chain of this market.

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