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The global hadoop big data analytics market was valued at US$ 14.21 Billion in 2021.
We expect the global hadoop big data analytics market to exhibit a CAGR of 16.10% during 2022-
The growing adoption of hadoop big data analytics platforms over conventional database systems to
manage large amounts of data and provide easier access is primarily driving the global hadoop big
data analytics market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of hadoop big data
analytics platform across several sectors, such as retail, healthcare, telecommunications, BFSI, etc.,
to remotely store and process structured and unstructured data quickly and efficiently.
Based on the component, the global hadoop big data analytics market can be categorized into
solutions and services. Currently, solutions exhibit clear dominance in the market.
Based on the business function, the global hadoop big data analytics market has been segmented
into marketing and sales, operations, finance, and human resources. Among these, finance segment
represents the largest market share.
Based on the end user, the global hadoop big data analytics market can be bifurcated into BFSI,
retail, IT and telecom, healthcare and life sciences, manufacturing, media and entertainment, and
others. Currently, the BFSI sector accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global hadoop big data analytics market include Alteryx Inc.,
Amazon Web Services Inc. (Amazon.com Inc.), Dell Technologies Inc., Fair Isaac Corporation, Google
LLC, Hewlett Packard Enterprise Company, Intel Corporation, International Business Machines
Corporation, Microsoft Corporation, Salesforce.com Inc., SAS Institute Inc., Splunk Inc., and TIBCO
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