Lucintel Blog: Lucintel Forecasts Hadoop Market to Reach $XX Billion by 2028

Tuesday, January 17, 2023

Lucintel Forecasts Hadoop Market to Reach $XX Billion by 2028

According to the recent study the hadoop market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 37% to 39% from 2023 to 2028. Growth in this market is primarily driven by rise in demand for analysing large volumes of data, increasing investments in advanced analytics, and surge in need for remote services and location data during COVID-19.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in Hadoop market by component (hardware, software, and services), deployment model (on-premises, cloud, and hybrid), enterprise size (large enterprises and SMEs), end use industry (BFSI, retail & consumer goods, IT & telecommunication, healthcare, government & defense, energy & utility, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/hadoop-market.aspx

“Software market is expected to remain the largest segment during the forecast period.”

Based on component, the Hadoop market is segmented into hardware, software, and services. Lucintel forecasts that the software market is expected to remain the largest segment due to increase in implementation by developers to build real-time applications.

“Within the Hadoop market, the healthcare segment is expected to remain the largest end use industry.”

Based on end use industry the healthcare segment is expected to witness the highest growth over the forecast period due to growing demand of efficient and smooth functioning cloud-based solutions in this sector. Additionally, it offers wide range of benefits such as easy access to medical records, huge data storage, scalability, efficient data visualization, and monitoring health records.

“Asia pacific will dominate the Hadoop market in near future.”

APAC will remain the largest region due to the increasing demand for modernizing industries and infrastructure for data management across Asia Pacific countries, including China, Japan, and India.

Download Brochure of this report by clicking on https://www.lucintel.com/hadoop-market.aspx.

Major players of Hadoop market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Amazon Web Services, Cisco Systems, Cloudera, Datameer, Dell EMC, Google, International Business Machines, MapR, MarkLogic, and Teradata are among the major Hadoop providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/hadoop-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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