Report Ocean has released a research study titled “Hadoop Market” which provides a comprehensive view of the competitive market and includes an in-depth supply chain analysis to identify significant industry changes. The study explores the current market status, anticipated future growth, technological advancements, investment opportunities, market economics, and financial data. Hadoop Market is valued approximately at USD 26.74 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 37.5% over the forecast period 2020-2027. Factors responsible for the market growth over the forecast period include the rising adoption of digitalization in organizations, rising investments in analytics, rising adoption of smart payment technologies, and the rising demand of Hadoop from end use application as well as increasing use of social media applications for customer engagement.
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