Hadoop Growth Stats to Know (and Share)
The global market for Hadoop, the now immensely popular parallel distributed processing middleware technology, is booming and all signs point to exceptionally high growth in the future.
A new report (from Markets and Markets) indicates that revenue from the global Hadoop market is expected to grow from $1.56 billion in 2012 to $13.95 billion by 2017 – at an estimated CAGR of 54.9%. North America held the largest share of the Hadoop Market revenue in 2013 ($0.84 billion) which is expected to reach $6.92 billion by 2017.
Hadoop has proved ideal for those applications requiring a high degree of parallelism or those which need to operate on large volume of data. Hadoop-based application are used widely in many different business verticals and for myriad processes for various customer related analysis such as clickstream analysis, marketing analytics, processing machine generated data, processing digital content and web text processing.
WM Items Related to Hadoop:
- 3 Big Data Analytics Players
- The Future Looks Bright for Hadoop MapReduce
- Key Interest Drivers in Big Data Analytics
- Hadoop Projects of Note
- Who’s Using Hadoop?