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Big Data Market Share

ID: MRFR//6375-CR | 194 Pages | Author: Ankit Gupta| February 2020

Big Data Market Share Analysis

Organizations are creating a massive amount of data, and it's growing really fast. A study by IDC says that the global datasphere, which is all the data out there, was 33 zettabytes in 2018 and is expected to jump to 175 zettabytes in 2025. Now, dealing with storing and accessing such a huge amount of data is a big challenge for organizations. They need to keep all this data for different reasons โ€“ to analyze it and also to follow certain rules and regulations. This is where the Hadoop big data platform comes in handy.

Hadoop helps organizations store massive volumes of data, and the cool thing is that it can adjust the storage capacity based on what the organization needs. On top of that, organizations also want to access the stored data quickly and transmit it fast. When all the data is stored in one place using Hadoop, it makes managing and storing data much better for organizations. Plus, Hadoop comes with advanced tools that can analyze all kinds of data โ€“ even the tricky ones like structured and unstructured formats โ€“ in a short time. This is why more and more organizations are expected to start using Hadoop big data analytics platforms in the future.

In simpler terms, organizations are making a ton of data, and it's growing really, really fast. Imagine all the data in the world โ€“ it was 33 zettabytes in 2018 and is going to be a massive 175 zettabytes in 2025, according to a study by IDC. Now, handling and keeping track of all this data is a big challenge for organizations. They need to keep it to study and follow certain rules. This is where Hadoop big data platform comes in.Hadoop helps organizations store a huge amount of data, and the cool part is that it can adjust the storage based on what the organization needs. Plus, organizations also want to get to the stored data fast and send it quickly. When all the data is kept in one place using Hadoop, it makes it much easier for organizations to manage and store data. Also, Hadoop has cool tools that can look at all kinds of data โ€“ even the tricky ones like structured and unstructured formats โ€“ in a short time. That's why more and more organizations are expected to start using Hadoop big data analytics platforms soon.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2021
Historical Data 2018 & 2020
Forecast Period 2022-2030
Growth Rate 14.5% (2022-2030)
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