PUBLISHER: The Business Research Company | PRODUCT CODE: 1686517
PUBLISHER: The Business Research Company | PRODUCT CODE: 1686517
Hadoop big data analytics involves the examination of extensive volumes of structured, semi-structured, and unstructured data utilizing the Hadoop framework. The primary objective of employing Hadoop in big data analytics is to offer a scalable, cost-effective, and adaptable platform that facilitates the storage, processing, and analysis of extensive and diverse datasets. Its application spans across diverse industries and domains, addressing a broad spectrum of purposes owing to its efficiency in processing and analyzing substantial amounts of data.
The primary components in Hadoop big data analytics can be categorized into solutions and services. Solutions encompass the resolution of problems and provide answers to various challenges. They involve different deployments, including cloud and on-premises, and serve various functions such as marketing and sales, operations, and finance. These solutions find applications across diverse organizations, spanning large enterprises and small and medium-sized enterprises. Additionally, they cater to various industry verticals, including banking and financial services, transportation and logistics, retail and e-commerce, manufacturing, information technology (IT) and telecommunications, healthcare and life sciences, government and public sector, media and entertainment, travel and hospitality, among others.
The hadoop big data analytics market research report is one of a series of new reports from The Business Research Company that provides hadoop big data analytics market statistics, including hadoop big data analytics industry global market size, regional shares, competitors with a hadoop big data analytics market share, detailed hadoop big data analytics market segments, market trends and opportunities, and any further data you may need to thrive in the hadoop big data analytics industry. This hadoop big data analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The hadoop big data analytics market size has grown rapidly in recent years. It will grow from $19.18 billion in 2024 to $22.08 billion in 2025 at a compound annual growth rate (CAGR) of 15.1%. The growth in the historic period can be attributed to data explosion, vendor support and ecosystem growth, open source advantage, parallel processing capability, flexible data processing.
The hadoop big data analytics market size is expected to see rapid growth in the next few years. It will grow to $38.68 billion in 2029 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period can be attributed to advanced analytics and machine learning, cloud adoption, data governance and security, edge computing integration, hybrid and multi-cloud deployments. Major trends in the forecast period include edge analytics integration, AI and machine learning integration, containerization and microservices architecture, enhanced security measures, customized industry solutions.
The increasing adoption of digital payments is expected to drive the growth of the Hadoop big data analytics market in the future. Digital payments involve the electronic transfer of money or value through digital devices or online platforms. Hadoop and big data analytics are leveraged in the digital payments sector to improve efficiency, enhance security, and personalize payment experiences. These technologies offer scalable solutions for processing, managing, and analyzing the vast amounts of data generated during transactions. For example, according to Communications of the ACM, a monthly journal of the Association for Computing Machinery, as of June 2024, approximately 25 million Google Pay users in the USA spent $65 billion in 2022, reflecting an increase of $25 billion compared to 2021. Thus, the growing adoption of digital payments is fueling the demand for Hadoop big data analytics solutions.
Prominent companies in the Hadoop big data analytics market are concentrating on developing innovative solutions, such as the Alteryx analytics cloud platform, to meet customer needs more efficiently and maintain a competitive edge. The Alteryx analytics cloud platform, launched by Alteryx LLC in October 2022, is a cloud-first software-as-a-service (SaaS) offering that automates data and analytic processing at scale. This platform integrates various technologies to enable unified, approachable, end-to-end cloud-based analytics. With features such as designer cloud, auto insights, and machine learning, this comprehensive enterprise-grade analytics automation platform empowers users to make intelligent decisions by leveraging data connectivity and automating analytics processes.
In October 2024, Walmart, a US-based retail giant, partnered with Walmart Data Ventures to significantly boost sales turnover. By leveraging the analysis of large data volumes, Walmart improved operational efficiency and increased online sales. The company utilized customer insights and predictive analytics to refine marketing strategies, optimize inventory levels, and ensure the availability of popular products. This data-driven approach also enabled personalized shopping experiences and a deeper understanding of customer preferences, which strengthened customer loyalty and drove sales growth. Walmart Data Ventures' flagship product, Walmart Luminate, was instrumental in these efforts by providing advanced data analytics solutions to support Walmart's strategic initiatives.
Major companies operating in the hadoop big data analytics market are Google LLC, Microsoft Corporation, Dell Technologies, Amazon Web Services (AWS), Intel Corporation, International Business Machine Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Hewlett Packard Enterprise (HPE), NetApp Inc., Splunk Inc., Snowflake Inc., Palantir Technologies Inc., Teradata Corporation, Informatica Corporation, MongoDB Inc., Alteryx Inc., Confluent Inc., MicroStrategy Incorporated, Apache Software Foundation, Cloudera Inc., Couchbase Inc., Knime AG, Pentaho Corporation
North America was the largest region in the hadoop big data analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hadoop big data analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the hadoop big data analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hadoop big data analytics market includes revenues earned by entities such as data storage, data processing, data management and analysis, mapreduce, and additional services. The market value includes the value of related goods sold by the service provider or included within the service offering. The hadoop big data analytics market also consists of sales of hadoop distributed file system, apache hadoop, cloudera data tools, and yet another resource negotiator (YARN). Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Hadoop Big Data Analytics Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on hadoop big data analytics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for hadoop big data analytics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The hadoop big data analytics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.