Hadoop-as-a-Service (HDaaS) Market: Trends and Future Growth Opportunities

2015-03-20
Published : Mar-2015

As an organisation expands its business there are more and more data that it has to deal with. Under such a scenario it becomes imperative that the organisation manages and saves its data well as it is important to remain competitive in the market. Hadoop-as-a-Service (HDaaS) is a cloud computing platform that allows medium to large-scale data processing possible not only easily and quickly but also cost effectively. Previously there were: SaaS (software), PaaS (platform), and IaaS (infrastructure)but with the increasing demand for managing and processing large amount of data the need for HDaaS is becoming indispensable.  The HDaaS platform merges easily with the organization’s existing platform without much disturbance. So if a company intends to opt for a HDaaS platform then it can be done seamlessly without disrupting the current workflow in the organisation.

The early adopters of HDaaS were some of the big companies like Yahoo, Facebook and Google. These companies enabled people to manage large amount of data both in structured and unstructured form with the help of HDaaS and other software. This application can be useful for a wide variety of programming modes and also for simplifying data. However the software has been questioned from time to time on grounds of keeping up with the real-time business analytics needs. But experts have been on it continuously, trying to provide valuable business benefits from an upgraded Hadoop framework. With the increasing usage of mobile phones the need of storing big data is also getting vital. One of the most recent applications of the HDaaS platform has been for the mobile application development.

The compound annual growth rate (CAGR) of HDaaS market is expected to be 84.81% over 2014-2019. It is important to understand the current market structure and the factors that will fuel its growth in next couple of years. This market is not only profitable but is also growing in leaps and bounds. For a detailed understanding one can refer to the complete report on Global HDaaS Market 2015-2019 (http://www.sandlerresearch.org/global-hadoop-as-a-service-hdaas-market-2015-2019.html) which provides a snapshot of the overall revenue generated by this market. It includes a complete profiling of the key vendors of this platform some of them being- Amazon Web Services, EMC, IBM & Microsoft operating in key markets like Americas, APAC and EMEA. The report also mentions details of the other imporatant players like Altiscale, Cask Data, Cloudera, Google, Hortonworks, HP, Infochimps, Karmasphere, MapR Technologies, Mortar Data, Pentaho & Teradata.

The report answers many important questions regarding the drivers of this market along with a SWOT analysis of each of the key players. For the investors, It flags off the challenges this market poses so that they can be cautious of the hindrances and backlogs they are about to face. It also provides a snapshot of the available market space that can help people plan their strategic move in the market.

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