Hadoop Market Worth $22.9 Billion by 2019 June 2014

Hadoop Market worth $22.9 Billion at a CAGR of 54.9% by 2019 The Hadoop market has grown significantly over the past few years, because of the popularity of its application across the various areas, like weather forecasting, analyzing business trends, fighting crime and preventing epidemics, and so on. Hadoop helps to sort the large volume of data across the servers and extract potential value from all this data. Companies want to use this data for their business proliferation, and thus, there is a need for data processing technologies such as Hadoop. The Hadoop market is growing at a CAGR of 54.9%, and is expected to reach $22.9 billion by 2019. Browse through the market data tables, figures and detailed TOC on the “Hadoop Market”. http://www.micromarketmonitor.com/market-report/Hadoop-reports6061841232.html Related Reports North American Hadoop Market Hadoop is open source software which provides a scalable and flexible solution in order to meet the growing demand for the use of big data processing to generate business insights. Hadoop is adopted by various industries in North America such as the government, manufacturing, IT, healthcare and retail industries. This increasing demand generated $842.36 million in 2013, and is expected to generate $10.9 billion by 2019, at a CAGR of 52.4% by 2019. The top industries playing an important role in this growth are Cloudera, IBM, Marklogic, EMC, Hortonworks, and many more. http://www.micromarketmonitor.com/market/north-america-Hadoop5298924957.html Email: [email protected] Tel: [phone]