|[May 26, 2014]
Research and Markets: Global Hadoop Market 2014-2018 with Amazon, Cloudera, EMC, Hortonworks, IBM, MapR Technologies, Microsoft Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/dn8dbh/global_hadoop)
has announced the addition of the "Global
Hadoop Market 2014-2018" report to their offering.
The Global Hadoop market to grow at a CAGR of 42% to 2018
One of the major drivers is the increasing generation of structured and
unstructured data. Data is being generated from various sources and also
the variety of data generated is expanding, calling for the need for
advanced Big Data solutions, which is possible through Hadoop.
The Database industry has long been dominated by relational databases
that were capable of meeting end-user requirements. However, with the
changing business scenarios and competitive environment, end-users are
demanding more effective Big Data solutions that can increase the
productivity of the organization. This requirement can be met with NoSQL
databases such as Hadoop, Cassandra, and Couchbase servers. With these
databases, a more flexible platform is available for developers. Also,
scalability issues and complex processing of data is possible with these
databases. NoSQL models are also schemaless, making it easier to
constantly and rapidly add new datasets.
Further, the report states that the lack of skilled professionals is one
of the major challenges confronting this market. The management of Big
Data solutions requires highly-skilled and well-trained professionals,
which are difficult to find.
Key vendors dominating this space are
Amazon Web Services (News - Alert) Inc.
MapR Technologies Inc.
Microsoft (News - Alert) Corp.
For more information visit http://www.researchandmarkets.com/research/dn8dbh/global_hadoop
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