MarketStudyReport.com adds “Global #Hadoop Market 2016-2020” new report to its research database. The report spread across 72 pages with table and figures in it. The Research analysts forecast the global Hadoop market to grow at a CAGR of 59.37% during the period 2016-2020. The increased amount of data on the internet from various modes such as web logs, online transactions, social media, and video streaming has forced organizations to take proactive measures to store and manage data and derive useful insights. According to the Research team, approximately 7 zettabytes of data churned out from enterprises globally in 2015. Out of the total, more than 80% was unstructured data that came from social media platforms, clickstreams, server logs, sensors, and the Internet of Things. Storing useful information and deriving insights from unstructured data and real-time analytics are challenging tasks for organizations. Hadoop played a pivotal role for enterprises over the past 4-5 years in handling the increase of data. Apache Hadoop is a framework that works on a clustered file system that can share multiple servers simultaneously. It is an open-source software platform that uses MapReduce technology, which is a programming model that allows for processing and generating large data sets with a distributed algorithm on a cluster. The technology involves two steps. The Map step helps control nodes from various sources such as legacy systems and extensible markup language files. In the Reduce step, various smaller work nodes of information are created and distributed across a computing cluster server. This will help perform distributed computations on various hardware servers.
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