Hadoop Market Report by Component (Hardware, Software, Services), Deployment Model (On-premises, Cloud-based, Hybrid), Organization Size (Large Enterprises, Small and Medium Enterprises), End Use Industry (BFSI, Retail and Consumer Goods, IT and Telecommunication, Manufacturing, Government and Defense, Media and Entertainment, Energy and Utility, and Others), and Region 2024-2032

Hadoop Market Report by Component (Hardware, Software, Services), Deployment Model (On-premises, Cloud-based, Hybrid), Organization Size (Large Enterprises, Small and Medium Enterprises), End Use Industry (BFSI, Retail and Consumer Goods, IT and Telecommunication, Manufacturing, Government and Defense, Media and Entertainment, Energy and Utility, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4264
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Market Overview 2024-2032:

The global hadoop market size reached US$ 97.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,341.1 Billion by 2032, exhibiting a growth rate (CAGR) of 32.8% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 97.4 Billion
Market Forecast in 2032
US$ 1,341.1 Billion
Market Growth Rate (2024-2032) 32.8%


Hadoop is an open-source software designed to store data and run applications on clusters of commodity hardware. It provides massive storage for different types of data, enormous processing power, and the ability to handle limitless concurrent tasks or jobs virtually. Apart from this, it also assists in stimulating business decisions, focusing on the consumer segment, weeding out erroneous processes, optimizing floor operations, providing relevant search results, and performing predictive analytics. As it is flexible, scalable, cost-effective, and enables fault tolerance and running complex queries in less time, it is gaining traction across the globe.

Hadoop Market Trends:

At present, there is a significant rise in the need for real-time analytics, which is obtained from video, email, and other external sources such as social media platforms. This represents one of the key factors bolstering the growth of the market. Hadoop enables technical experts operating in different organizations to perform numerous operations, including big data analytics, big data management, and big data storage in a cloud. As a result, it is increasingly being used in organizations around the world. Apart from this, considerably rising competition among businesses and extensively rising volumes of unstructured data is also catalyzing the demand for Hadoop. Furthermore, it finds a wide array of applications in the healthcare, retail, media and entertainment, government, telecommunications, life sciences, and banking, financial services, and insurance (BFSI) sectors. This can be attributed to the ability of the software to effectively manage structured as well as unstructured data. It also aids in analyzing consumer behavior and maintaining inventory and space. Besides this, the market is also positively influenced by the thriving e-commerce industry worldwide.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global hadoop market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on component, deployment model, organization size and end use industry.

Breakup by Component:

  • Hardware
  • Software
  • Services
     

Breakup by Deployment Model:

  • On-premises
  • Cloud-based
  • Hybrid
     

Breakup by Organization Size:

  • Large Enterprises
  • Small and Medium Enterprises
     

Breakup by End Use Industry:

  • BFSI
  • Retail and Consumer Goods
  • IT and Telecommunication
  • Manufacturing
  • Government and Defense
  • Media and Entertainment
  • Energy and Utility
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc), Cisco Systems Inc, Cloudera Inc., Datameer Inc., Dell Technologies Inc., Google LLC (Alphabet Inc.), International Business Machine Corporation, Hewlett Packard Enterprise Development LP, MarkLogic Corporation and Teradata.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Component, Deployment Model, Organization Size, End Use Industry, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Amazon Web Services Inc. (Amazon.com Inc), Cisco Systems Inc, Cloudera Inc., Datameer Inc., Dell Technologies Inc., Google LLC (Alphabet Inc.), International Business Machine Corporation, Hewlett Packard Enterprise Development LP, MarkLogic Corporation and Teradata
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global hadoop market was valued at US$ 97.4 Billion in 2023.

We expect the global hadoop market to exhibit a CAGR of 32.8% during 2024-2032.

The rising deployment of Hadoop software, as it assists in stimulating business decisions, focusing on the consumer segment, optimizing floor operations, providing relevant search results, etc., is primarily driving the global hadoop market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of hadoop software by businesses to take data-driven decisions, which can help to drive growth and improve efficiency, during the remote working scenario.

Based on the component, the global hadoop market has been segmented into hardware, software, and services. Among these, services currently hold the majority of the total market share.

Based on the deployment model, the global hadoop market can be bifurcated into on-premises, cloud-based, and hybrid. Currently, on-premises exhibit a clear dominance in the market.

Based on the organization size, the global hadoop market has been divided into large enterprises and small and medium enterprises, where large enterprises currently account for the largest market share.

Based on the end use industry, the global hadoop market can be segregated into BFSI, retail and consumer goods, IT and telecommunication, manufacturing, government and defense, media and entertainment, energy and utility, and others. Currently, IT and telecommunication exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global hadoop market include Amazon Web Services Inc. (Amazon.com Inc), Cisco Systems Inc, Cloudera Inc., Datameer Inc., Dell Technologies Inc., Google LLC (Alphabet Inc.), International Business Machine Corporation, Hewlett Packard Enterprise Development LP, MarkLogic Corporation, and Teradata.

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Hadoop Market Report by Component (Hardware, Software, Services), Deployment Model (On-premises, Cloud-based, Hybrid), Organization Size (Large Enterprises, Small and Medium Enterprises), End Use Industry (BFSI, Retail and Consumer Goods, IT and Telecommunication, Manufacturing, Government and Defense, Media and Entertainment, Energy and Utility, and Others), and Region 2024-2032
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