DUBLIN, Ireland, April 17, 2013 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Hadoop Market 2012-2016" report to their offering.

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TechNavio's analysts forecast the Global Hadoop market to grow at a CAGR of 55.63 percent over the period 2012-2016. One of the key factors contributing to this market growth is the demand for big data analytics. The Global Hadoop market has also been witnessing the emergence of hadoop-as-a-service (HDaaS) solutions. However, the lack of trained professionals could pose a challenge to the growth of this market.

The key vendors dominating this market space are Amazon Web Services Inc., IBM Corp., EMC Corp., and Cloudera Inc.

The other vendors mentioned in the report are MapR Technologies Inc., Hortonworks Inc., Karmasphere Inc., Hadapt Inc., HStreaming LLC, Outerthought, Super Micro Computer Inc. , Pentaho Corp., Zettaset Inc., Datastax Inc., Datameer Inc., Hewlett-Packard co., Dell Inc., Appistry Inc., Teradata Corp., Talend Inc., RainStor Inc., Fujitsu Ltd., Data Direct Networks Inc., Netapp Inc., Actuate Corp., Think Big Analytics Inc., MarkLogic Corp., Revolution Analytics Inc., Jaspersoft Corp., Supermicro Computer Inc., Metascale LLC, ParAccel Inc., Pervasive Software Inc., Couchbase Inc., Splunk Inc., Calpont Corp., Mortar Data Inc., Infochimps Inc., Sungard Inc., Datasift Inc., Platfora Inc., WibiData Inc., Splice Machine Inc., Zettaset Inc., Continnuity Inc., Mortar Data Inc., Drawn to Scale Inc., and Concurrent Inc.

Commenting on the report, an analyst from TechNavio's Enterprise Computing team said: ''The demand for cost-effective Hadoop-based big data solutions is driving this market. Organizations understand the importance of big data solutions, but installing and hiring new professionals to deploy them is a costly affair. As a result, organizations and decision makers are adopting Hadoop-as-a-service (HDaaS) solutions which provide cost-effective big data management and analytics. HDaaS solutions offer the necessary hardware, software, and services required to support big data management at low subscription fees.''

According to the report, one of the major drivers is the demand for big data analytics. The increase in big data and big data analytics is driving the demand for Hadoop-based solutions in order to analyze the large number of datasets being stored in enterprises.

Key Topics Covered:

01. Executive Summary

02. Introduction

03. Market Coverage

04. Market Landscape

05. Geographical Segmentation

06. Key Leading Countries

07. Vendor Landscape

08. Buying Criteria

09. Market Growth Drivers

10. Drivers and their Impact

11. Market Challenges

12. Impact of Drivers and Challenges

13. Market Trends

14. Key Vendor Analysis

15. Other Reports in this Series

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SOURCE Research and Markets