FARMINGTON, Conn., March 20, 2013 /PRNewswire-iReach/ -- Big Data represents more than just a collection of data sets that form a large quantity of data. Big Data also represents a big business opportunity across many industry verticals. But processing big data using traditional applications is another story. Enter Hadoop. Apache Hadoop is open source software that makes possible the distributed processing of large data sets across commodity server clusters. According to analysts at TechNavio research, the global Hadoop market is set to grow 55.63 percent CAGR between 2012 and 2016. The main driver of this market is the growing demand for big data analytics.
Learn more about the global hadoop market landscape and its growth prospects in the coming years at http://www.giiresearch.com/report/infi261556-global-hadoop-market.html
Applications and opportunities for big data are boundless. Most importantly, big data can help internet businesses begin reading the minds of their customers. While big data and mobile commerce represents a huge cash cow opportunity, data management will remain a significant challenge for operators particularly with the rise of near field communication (NFC) and LTE technologies. ARCchart's report, "TD-LTE Forecast Summary: Infrastructure, Device Shipments, Subscriptions & Service Revenues" forecasts that TD-LTE subscriptions will surpass 500 million by 2017, representing annual TD-LTE operator service revenues of $91 billion worldwide. While this is certainly big revenue, it also means unimaginable amounts of new data will need to be managed.
Market size and forecast projections for the global and regional markets for TD-LTE infrastructure, devices, subscriptions and service revenue have very real implications for the big data market. Operators can learn more at http://www.giiresearch.com/report/arc256325-td-lte-forecast-summary-infrastructure-device.html
The hype around big data and the Hadoop platform is creating a growing third-party ecosystem of analytics tools, management tools, and platforms. Enterprise storage vendors expect that petabytes of data will generate demand for petabytes of enterprise storage. However, the suitability of enterprise storage systems for Hadoop has not yet been proven and most products on the market today are first generation.
"Big Data Analytics on Hadoop" a new report from Ovum examines how the big data vendor ecosystem is shaping up and investigates business intelligence vendors such TIBCO Spotfire, QlikView, Roambi, Cognos, SAP Business Objects, Oracle OBIEE, and ThoughtWeb.
Learn more about this report and request a free sample at http://www.giiresearch.com/report/ov264266-big-data-analytics-on-hadoop.html
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