Hadoop Distribution Market size was valued at USD 93.17 billion in 2023 and is expected to reach USD 5.47 trillion by the end of 2036, registering around 36.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of hadoop distribution is evaluated at USD 120.6 billion.
The growth of the hadoop distribution market can be attributed to the increasing demand to use big data analytics in several industry verticals, and growing usage of Hadoop based applications by many organizations that require real time analytics from email and video. In addition to these, Hadoop is extremely efficient in generating data from a wide range of sensors and external sources including social media and the internet. This is a significant factor expected to drive the growth of the market over the forthcoming years. Furthermore, growing adoption of big data techniques is projected to offer ample growth opportunities to the market in the near future. For instance, about 52 percent of companies in the entire world adopted big data technologies in 2019. In the future, the implementation is evaluated to increase by more than 38 percent.
Author Credits: Abhishek Verma
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