Hadoop-as-a Service (HaaS) Market 2020-2027 : Global Analysis and Forecast Report

Global Hadoop-as-a Service (HaaS) Market was valued at USD 5281.01 million in 2018 which is expected to reach 75,098 million by 2027 at a CAGR 39.4%.

Hadoop-as-a-service is a type of big data analytics service that requires real time analytics from data such as audio, email, video, data from external sources like internet and social media, and multitude of sensors. Big data management, big data analytics, and big data storage in cloud are the main functions of Hadoop-as-a service. This is a cost effective technology with minimum consumption of time. Hadoop-as-a Service (HaaS) widely used in various industries like manufacturing, IT & Telecommunication, BFSI, government, consumer goods, defense, media & entertainment, education, and others.

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For a better understanding of the Hadoop-as-a Service (HaaS) market, a better grip over the macroeconomic and microeconomic factors are needed as they are impacting the market towards progress. Those factors can ensure a swift helming of the market by rough patches of economic crisis and help in averting plummeting results. With real-time data, the report captures the essence of the market and provides a close reading of demographic changes. Report would assist key players in assessing growth opportunities and optimally use resources provided by growth pockets.

Market Drivers

Increase in demand for Hadoop-as-a Service (HaaS) technology in small, medium, and larger enterprises will boost the global Hadoop-as-a Service (HaaS) market growth, over the forecast period. Furthermore, Hadoop-as-a Service (HaaS) is the cost effective technology which able to analyze and manage large amount of data, with the cost efficient cloud computing technology. These factors will have the positive impact on global Hadoop-as-a Service (HaaS) market growth. Moreover, Hadoop-as-a Service (HaaS) technology reduces operating cost and usage commodity hardware foe reliable distribution is expected to propel the growth of global Hadoop-as-a Service (HaaS) market, over the forecast period.

Market Restraints

However, lack of security and privacy for highly confidential data is expected to hamper the growth of global hadoop-as-a-service (HaaS) market.Also, lack of awaremness regarding technology and lack of skilled professionals will affect the global Hadoop-as-a Service (HaaS) market growth.

Market Key Players

Various key players are discussed in this report such as SAP SE, Google Inc., MapR Technologies, EMC Corporation, Mortar Data, Microsoft Corporation, IBM Corporation, Amazon web services, Cloudera Inc, and Datameer.

Market Taxonomy

By Deployment Type

Run it Yourself (RIY)
Pure Play (PP)

By Enterprise Size

Small & Medium Enterprises,
Large Enterprises

By End User

Manufacturing
BFSI
Retail & Consumer Goods
Healthcare
Government
Defense
Media & Entertainment
Education
IT & Telecommunication
Others

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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