Global Hadoop big data analytics market size reached USD 12.67 Billion in 2020 and is expected to register a revenue CAGR of 12.2% during the forecast period, according to the latest analysis by Emergen Research. Key factors driving revenue growth of global Hadoop big data analytics market include surge in adoption of smart payment solutions and increased need for cost-effective storage solutions. IoT automates and unifies various processes and activities. Meanwhile, contactless payments enable easy payment processes as they enable customers to pay for products and services using their payment cards connected with RFID technology or other payment devices without the need to swipe, input a personal identification number (PIN), or sign for the transaction. For example, in February 2022, Apple has revealed plans to launch Tap to Pay in various iPhone models. This would enable various merchants using iPhones in the U.S. to smoothly and securely transact using Apple Pay, contactless credit and debit cards, and other digital wallets. In addition, contactless payments are done using devices, such as fobs and wearables. Wearable contactless payment devices, such as smartwatches, smart rings, key fobs, and others, are connected directly to the customer\'s bank accounts and function in a similar manner as a regular debit card, allowing payments at any merchants store that accepts contactless transactions. The tap-and-go payment method allows merchants more safe and error-free payment options.
The study further offers a comprehensive assessment of the revenue generated by the various segments across different regions for the forecast period, 2022 to 2030. To help business owners gain a thorough understanding of the current momentum the research taps hard to find data on aspects including but not limited to demand and supply, distribution channel and technology upgrades. Most importantly, evaluation of stringent rules and regulations and government initiatives shaping the progress of the Hadoop Big Data Analytics industry offers an understanding of what is in store for the business owners in the years to come.
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The leading market contenders listed in the report are:
Microsoft Corporation, Google LLC, Oracle Corporation, Amazon Web Services, Hewlett Packard Enterprise, SAP SE, Salesforce.com, Inc., Micro Focus International plc, Splunk Inc., and Imply Corporation
Key reasons to buy the Global Hadoop Big Data Analytics Market report:
- The latest report comprehensively studies the global Hadoop Big Data Analytics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Hadoop Big Data Analytics Market
Component Outlook (Revenue, USD Billion; 2018–2028)
- Solution
- Services
Deployment Outlook (Revenue, USD Billion; 2018–2028)
- On-premises
- Cloud
Application Outlook (Revenue, USD Billion; 2018–2028)
- Customer Analytics
- Risk & Fraud Analytics
- Security Intelligence
- Internet of Things (IoT)
- Supply Chain Analytics
- Others
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Regional Outlook of the Hadoop Big Data Analytics Market
The global Hadoop Big Data Analytics market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Hadoop Big Data Analytics market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Hadoop Big Data Analytics Market report:
- The latest report comprehensively studies the global Hadoop Big Data Analytics market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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