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Big Data Analytics & Hadoop Industry: 2018-2025 - Opportunities, Challenges, Strategies & Forecasts

October 17, 2018 / digitaljournal

Hadoop is an open source software framework this is utilized for storing data and running application in a group of commodity hardware. This software provides a massive storage for all kind of data, with enormous processing power and also have an ability to handle limitless concurrent task virtually. Hadoop also refers to a distributed processing technology that are widely being used for Big Data Analytics. The market of Hadoop is growing rapidly as a Hadoop technology and also provides the cost effective and quick solutions as compared to the traditional tools used for data analysis that includes relational database management system (RDMS). In 2017, the global Big Data Analytics & Hadoop market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.