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Technology Research: Global Hadoop Market Spending, Sales Forecast

The global Hadoop market will reach $59 billion by 2021, up from $5 billion in 2015, according to Zion Research. That's a lofty 51 percent compound annual growth rate (CAGR), the researcher says.

Hadoop, an open source storage system, is increasingly popular for big data applications. Much like the Linux market, Hadoop has multiple commercial distributions. Cloudera, Hortonworks and MapR are among the best-known providers of Hadoop software. Overall, Hadoop is designed to scale up from single servers to thousands of machines, each offering local computation and storage, Zion Research notes.

ChannelE2E Says: No doubt the Hadoop market is growing but the industry forecasts could be a bit misleading. Zion's forecast, for instance, includes spending on the underlying hardware and associated deployment services to get Hadoop up and running. But some of those dollars may never materialize since more and more Hadoop workloads are deployed as cloud services. Also of note, the Hadoop providers have diversified their revenue streams -- focusing on multiple technologies beyond Hadoop, much in the way that Oracle eventually pushed beyond relational databases.

Still, the Hadoop market offers some opportunities to IT consulting firms, integrators, ISVs and channel partners that specialize in big data. Each of the major Hadoop providers -- Cloudera, Hortonworks and MapR -- has a growing channel partner program.

Complete Report: Hadoop Market by Type (Software, Hardware and Services) for BFSI, Government Sector, IT & ITES, Healthcare, Telecommunication, Retails and Others End-Uses: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021.

More Technology Research: Track all Technology Market Research News from ChannelE2E.

Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.