The report presents a comprehensive overview of industry trends, growth share and the competitive landscape in 200 pages.
“Hadoop-as-a-service Market” report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Hadoop-as-a-service Market by region.
Global Hadoop-as-a-service (HaaS) Market is valued at approximately USD 10.18 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 39.2% over the forecast period 2022-2029.
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Hadoop-as-a-service (HaaS) refers to a cloud computing solution that offers cost effective processing and analytics of big data as it is managed by third-party service provider. HaaS is based on two deployment types named Run it Yourself (RIY), and Pure Play (PP). The Run It Yourself (RIY) solutions require the user to have Hadoop skills to configure and operate Hadoop platform. Whereas pure-play HaaS solutions do not require the users to have technical expertise to manage and understand the underlying software. HaaS services are widely used across different industries including Manufacturing, Banking & Financial Services, Media & Entertainment, Education and Telecommunication among others. The increasing adoption of cloud services across the industries and growing need for cost effective solutions for big data management as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing adoption of cloud services and applications is contributing to the growth of the Global Hadoop-as-a-service Market. For instance, according to Statista – in 2021, the global cloud applications market was valued at USD 133.6 billion, and the market is projected to grow to USD 168.6 billion by 2025, witnessing a compound annual growth rate of 4.8 percent. Moreover, as per Statista – in 2021, the global big data analytics market was estimated at USD 240 billion, and the market is projected to grow to USD 650 billion by 2029. Also, the growing demand for HaaS from Small and Medium Sized Enterprises due to its cost effectiveness and rising emergence of data driven culture would create a lucrative growth prospectus for the market over the forecast period. However, slow processing speed and latency issues impede the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Hadoop-as-a-service (HaaS) Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the growing digitization across different industries, and presence of leading market players coupled with availability of required technological infrastructure in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of big data & analytics segment, growing penetration of SMEs and increasing penetration of leading market players in the region.
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Major market players included in this report are:
- Microsoft Corporation
- IBM Corporation
- Amazon web services
- Cloudera Inc.
- Google Inc.
- MapR Technologies
- EMC Corporation
- Mortar Data (Datadog)
- SAP SE
- Datameer
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Deployment Type
Run it Yourself (RIY)
Pure Play (PP)
By Organization Size
Small & Medium-sized Enterprises
Large Enterprises
By End-User
Manufacturing
BFSI
Retail & Consumer Goods
Healthcare & Life Sciences
Government & Defense
Media & Entertainment
Education
IT & Telecommunication
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market:The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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