Hadoop Expected to Substantially Benefit the Global Structured Data Management Market from 2014 to 2018: TechNavio Research

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London, 24 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Structured Data Management Market 2014-2018.

About Structured Data Management Software

Structured data management software is used to store and manage various forms of data generated by a company on a day-to-day basis. It helps organizations manage the flow of information and data through the entire life cycle (from creation of the data to the time it is deleted).

The Global Structured Data Management Software market is expected to grow at a CAGR of 7.82 percent during the forecast period.

The latest report by TechNavio focuses on the increased generation of structured data. Data management software offers data storage space and helps in managing a large amount of information in a cost effective way. The report also highlights growth in the demand for Hadoop-based data management, taking into consideration the substantial benefits it provides over traditional relational database management systems.

“Hadoop, a platform developed by The Apache Software Foundation, is a popular open-source software used for distributed processing of large datasets across clusters of computers. It can be used along with several databases like the most popular is SQL database. Hadoop has become the most popular trend in the database market in recent years and is expected to transform the global market,” says Faisal Ghaus, Vice President of TechNavio.

 

Key Information Covered in the Report:

Market segmentation, size and forecast through 2018

Market Growth Drivers:

  • Increased Generation of Structured Data
  • For a full detailed list, view our report.

Market Challenges:

  • Issues Related to Data Security and Data Privacy
  • For a full detailed list, view our report.

Market Trends:

Key Vendors:

  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • SAP AG

Other Prominent Vendors:

  • Aerospike
  • Basho Technologies
  • Couchbase
  • DataStax

https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….