TechNavio today launched its report, Global Hadoop Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”The demand for cost-effective Hadoop-based big data solutions is driving this market. Organizations understand the importance of big data solutions, but installing and hiring new professionals to deploy them is a costly affair. As a result, organizations and decision makers are adopting Hadoop-as-a-service (HDaaS) solutions which provide cost-effective big data management and analytics. HDaaS solutions offer the necessary hardware, software, and services required to support big data management at low subscription fees.”
According to the report, one of the major drivers is the demand for big data analytics. The increase in big data and big data analytics is driving the demand for Hadoop-based solutions in order to analyze the large number of datasets being stored in enterprises.
Further, the report reveals that the lack of trained professionals is one of the major challenges confronting this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-hadoop-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Enterprise Computing market research, please visit https://www.technavio.com/enterprise-computing
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