Hadoop Market – Rising Popularity of Big Data Analytics to Present Long-term Growth Opportunities

In the consolidated global Hadoop market, the top three vendors, Cloudera, Inc., Hortonworks, Inc., and MapR Technologies, Inc., held a collective share of over 50% in 2014, with small- and medium-sized companies accounting for a nearly 41% share in the global market in the same year. With demand for Hadoop solutions rising at a rapid pace from companies overwhelmed with the persistently mounting volumes of digital data, an increased number of companies will venture in the market in the next few years, states TMR in a recent report.

The largest contributor to the market in 2014 was Cloudera, Inc., which held over 20% of the market. Technology giants such as IBM Corporation and EMC Corporation presently account for relatively smaller share in the market but are steadily contributing towards the further development of this market with innovative Hadoop solutions. IBM Corporation has adopted the course of mergers and acquisitions to bolster its position in the global Hadoop market and could report a greater share in the pie in the coming years, notes TMR.

Better cost effectiveness and faster processing of voluminous quantities of data compared to conventional data processing solutions such as RDBMS are two of the most encouraging factors boosting the global adoption of Hadoop. Other major drivers of the market include the exponentially rising unstructured data volumes, the increased demand for big data analytics, and Hadoop’s potential in bridging the operational gap between managers and database management.

“Cost effectiveness and high speed of data processing are expected to have high impact on the global Hadoop market’s growth over the entire period of 2015 through 2023. However, the impact of the increased demand for big data analytics will be nominal in the short term but strengthen as the time passes,” quoted a TMR analyst.

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Emerging Markets to Deliver Most Profitable Returns

North America is presently the largest regional market for Hadoop, accounting for a share of over 53% in the global hadoop market in 2014. The demand for Hadoop in North America is expected to expand at a steady rate from 2015 to 2023 as well, and the region will continue to be the dominant regional market for Hadoop over the period.

However, the Hadoop market in Asia Pacific is expected to expand at the fastest pace of 30.2 % CAGR over the said period. The Asia Pacific market will present lucrative growth opportunities owing to the rising penetration of the Internet in the region, technologically and digitally improving industrial infrastructures, and the exponentially rising numbers of mobile device users. The global Hadoop market is also expected to see major traction in Europe in the next few years owing to the rising big data management capabilities across sectors such as government, retail, and BFSI in the region.

Owing to the vast growth potential, leading Hadoop vendors are aligning their expansion strategies towards these regions. Cloudera, Inc. has recently opened a new branch in Londdon. MapR has also ventured in the European market via its new subsidiary in Paris.

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These factors will allow the market to tread along a momentous growth path in the next few years. TMR analysts suggest that the market will expand at an exponential 26.3% CAGR over the period between 2015 and 2023. With such excellent growth prospects, the market, which had a valuation of US$308.1 mn in 2014, is expected to rise to US$2,429.0 mn by 2023.

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Future of Big Data: A Sequential Analysis of the Disruptive Technology’s Scope

Transparency Market Research has published a new research report on the global big data market. According to the report, the global big data market is expected to move from US$6.3 bn in 2012 to US$48.3 bn by 2018. The report, titled ‘Big Data Market – Global Scenario, Trends, Industry Analysis, Size, Share And Forecast 2012 – 2018’, states that the global big data market is predicted to expand at a 40.50% CAGR during the period from 2012 to 2018 due to the increasing number of applications of big data in the healthcare sector.

The global big data market is segmented on the basis of geography, application, product type, and component. Based on the component, the global big data market is classified into hardware, storage, and software and services. The software and services segment dominated the global big data market in 2012, accounting for more than 50% of the market owing to the rising demand for big data services and their improved functionality. The storage segment is expected to expand at a 45.30% CAGR during the period from 2012 to 2018. In the years to come, the storage segment is predicted to be the fastest growing segment due to the pace at which data is getting generated in the modern world.

By product type, the global big data market is divided into relational database management systems, Hadoop, structured query language, and existing database management systems. Hadoop technology is used by giants such as Facebook, LinkedIn, eBay, and Yahoo. Some of the applications of big data are telecommunications, financial services, retail, government, healthcare, media and entertainment, manufacturing, government, and others. In 2012, the government, financial, and healthcare segments collectively accounted for 55% of the total revenue. Expansion of the customer database is expected to allow financial institutes such as banks to take calculated and strategic business decisions, thereby propelling the global big data market.

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The healthcare segment has been playing a vital role in the development of the global big data market over the past few years. Efficiency in streamlining administrative procedures, providing cost benefits, and providing accurate data are some of the benefits contributing towards the growth of the application of big data in healthcare. The media and entertainment segment is predicted to expand at a 42.0% CAGR during the period from 2012 to 2018. Growth in data forms such as images, video, and games is expected to drive the media and entertainment segment during the forecast period.

By geography, the global big data market is divided into North America, Asia Pacific, Europe, and Rest of the World. In 2012, the global big data market was dominated by the North America big data market. North America accounted for 54.5% of the total market. On the other hand, Asia Pacific is predicted to present immense growth potential for the global big data market in the coming few years.

The global big data market is expected to be highly competitive, as the number of participants is expected to increase in coming few years. Some of the leading companies in the global big data market are Mu Sigma, IBM, Cloudera, Oracle Corporation, Hewlett-Packard Co. (HP), Opera Solutions, Teradata Corporation, Calpont Corporation, Splunk Inc., and others.

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Network Forensics Analysis: Future of Real-time Monitoring

The global network forensics market was valued at US$ 1,324.8 Mn in 2016 and is expected to expand at a CAGR of 14.1% from 2017 to 2025, reaching US$ 4,232.0 Mn by the end of the forecast period. North America will continue to be at the forefront of global demand, with the market growing at a CAGR above 12%. The growing network traffic and stringent adoption of government regulations, and rise of connected devices have a significant impact on the growth of network forensics market.

Growing security concerns, lack of security infrastructure among enterprises and increasing organization focus on network troubleshooting to prevent revenue losses is playing an important role in the growth of this market. As enterprise are doing more with network and it tends to become more and more complex, the visibility into network traffic has decreased. Also, IT engineers are finding it difficult to troubleshoot network outages leading to loss of company’s productivity and revenue. So, organizations are using network forensics solution for monitoring and troubleshooting networks.

Network forensics market is divided into four segments, namely deployment type, component, end use industry and geographical regions. As per the report, the cloud based deployment model tends to be more sought-after among users. The growth of cloud based network forensics solutions is mainly due to its cost-effectiveness and increase in demand for network forensic solution within small and medium businesses. The cloud based segment is expected to grow at a CAGR of above 18% during the forecast period. The services segment is expected to grow at the highest CAGR among the component segment during the forecast period. Also, among the services segment, the consulting segment continues to hold the largest market share during the forecast period. Additionally, many end use industry verticals especially government and BFSI are looking for network forensics solutions to protect their critical infrastructure from cyberattacks. Also huge amount of public data is in play among government institutions, this data needs to be protected from being misused by cybercriminals.  However, if data is damaged or stolen, network forensics helps in reconstructing its occurrence and prevent further damage.

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The North America’s dominance of the network forensics market continues

As per geographies, the network forensics market can be segmented into five regions namely, North America, South America, Middle East and Africa, Asia Pacific and Europe. Among these, North America is expected to have the highest market revenue share of above 35% for the year 2025. The growth of network forensics market in North America region is owing to increasing adoption for network forensic solutions by government and BFSI sectors to protect their customer’s data from security breaches. Asia Pacific region is expected to have the highest CAGR during the forecast period. Digitization, increasing cloud penetration, and the advent of Internet of things (IoT) across the region is one of the major reasons for the growth of network forensics market. Within Asia Pacific region, India, China and Japan are the major contributors for the network forensics market, because of growing digitization in the region. Europe is expected to show a steady growth over the forecast period, because of prominent economies such as the United Kingdom, Germany and France. Also due to stringent government regulations in the European region, various end use industries are adopting network forensic solutions to protect their customer data which is driving the demand.

Some of the major players in the network forensics market are Symantec Corporation, RSA Security, FireEye, Inc., NIKSUN Incorporated, NETSCOUT Systems Inc., LogRhythm, Inc., IBM Corporation, VIAVI Solutions Inc., Savvius, Inc. and Cisco Systems, Inc. The major players are focusing on acquisitions and new strategic collaborations in order to increase their market share in network forensics market.

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LTE: The Future of Mobile Broadband Technology

According to a recent market research report published by Transparency Market Research, the global LTE market is estimated to take a leap at a CAGR of 78.6% during the period between 2013 and 2019. The report, titled “Global LTE Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019”, forecasts the global LTE market to reach a valuation of US$610.71 bn by 2019. The overall market was worth US$10.47 bn in 2012.

Long term evolution, better known as LTE and marketed as 4G LTE, refers to a wireless communication standard for high-speed data for mobile phones and data terminals. With enhanced capacity per site, LTE technology lowers the cost per gigabyte. The report points out that the need for higher data rates and greater spectral efficiency due to increased data usage is fuelling the demand from the global LTE market. Rapid development of smart devices and need for high quality of services on the move have further pushed the growth of the market. Public safety LTE and planned large-scale adoption of LTE by operators in Asia Pacific will propel the growth of the global LTE market.

However, the report states that roaming on LTE networks is not fully developed yet. This along with compatibility issues will restrain the growth of the global LTE market. The overall market has a huge opportunity to grow with the convergence of IT and telecom. Connected devices and Internet-of-Things will create new growth avenues for the market during the forecast horizon. On the basis of technology, the report segments the global LTE market into TD-LTE or LTE-TDD, LTE-FDD, and LTE advanced. In 2012, the LTE-FDD segment accounted for 56.8% market share. However, during the forecast horizon, the report estimates the LTE advanced segment to witness tremendous expansion at a CAGR of 175.0%.

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In terms of services and applications, the report categorizes the global LTE market into games, browsing, M-commerce, M2M and connected devices, music, mobile cloud services, public safety LTE, P2P (person-to-person) messaging, VoLTE (Voice over LTE), and TV/Video-on-Demand (VoD). The VoLTE (Voice over LTE) segment is estimated to rise at a CAGR of 123.5% CAGR during the forecast period.

The report studies the global LTE market across four key regions: Europe, North America, Asia Pacific, and Rest of the World. North America dominates the overall LTE market. In 2012, the North America LTE market was worth US$5.36 bn owing to lower prices of LTE as compared to the 3G network. The report forecasts that during the period between 2013 and 2019, the Asia Pacific LTE market will witness an incredible CAGR of 88.7% due to growing demand for high-speed wireless data across countries such as India, Japan, China, and South Korea.The report profiles some of the key players in the global LTE market such as Verizon Wireless, AT&T Inc., Sprint Corporation, China Mobile Ltd., Alcatel-Lucent, and Huawei Technologies Co. Ltd.

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Over the Top (OTT) Services Market – Premium and Subscription Most Preferred Business Model

A recent intelligence study by Transparency Market Research (TMR) has detected that the shares in theglobal over the top (OTT) services market are distributed among a large number of vendors who cater to international and regional demand. That being said, a few players do hold a position of strength, such as Netflix, Inc., Apple, Inc., Google, Inc., Facebook, Inc., LinkedIn Corporation, and Twitter, Inc.. These players are staying ahead of the curve via their high quality featured products and price advantages. A number of these companies are concentrating on growing inorganically but acquiring domestic players, which also helps them to improve their product portfolio.

As per the projections of the TMR report, the demand in the global over the top services will increment at an impressive CAGR of 16.4% during the forecast period of 2017 to 2025. At this rate, the valuation of the market is estimated to reach US$3,538.04 mn, considerably up from its evaluated worth of US$925.87 mn in 2016.

Based on business model, the market for over the top services has been segmented into premium and subscriptions, e-commerce, and adware. In 2016, the premium and subscription business models fetched nearly 48% of the total demand and is anticipated to remain dominant throughout the forecast period. This segment generates revenue from fixed fee paid by customers in order to download or access a specific application. The memberships or freemium turned premium service applications are also part of premium and subscriptions’ business model. In the near future, proceeds generated by the premium and subscription segment is expected to increase as a result of increasing popularity of OTT media content and cloud service applications.

Application-wise, the report bifurcates the global OTT services market into communication, e-services including media content, audio and video, and gaming, web content, and cloud services. End-use classification of the market has been done into personal and commercial including media and entertainment, healthcare, IT, education, ecommerce, and others including energy, transportation, and manufacturing.

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Asia Pacific Projected for Best Growth Rate

Geographically, the report picks out North America as most lucrative region in the global over the top services market, and anticipates it to remain highly profitable throughout the forecast period as developed countries such as the U.S. and Canada have highest penetration of high-speed mobile internet, ranging around 13.1 mbps to 14 mbps. That being said, Europe and Asia Pacific are also expected to provide for a significant chunk of demand as the internet infrastructure in various emerging economies continue to strengthen. The Asia Pacific OTT services market is projected to expand at most prominent CAGR of 16.1% during the forecast period of 2016 to 2023.

Rapid adoption of device-based computing, economical charges for the usage of OTT platforms and services, increase in wide availability of broadband infrastructure, growing production of in-house web series, high demand for time-shifted television, growing usage of OTT on mobile devices, increase in requirement for compliance and infrastructure, and personalization of technology are some of the key factors augmenting the demand in the global over the top services market. On the other hand, high popularity of free online video streaming and lack of procedure to identify and curb piracy, reluctance of customers to spend for OTT services, and low scope of customer retention are a few obstructing challenging the prosperity of the global OTT services market. Nevertheless, the vendors of this market are expected to gain new opportunities from the emergence of video streaming devices, increased adoption of RTB, and increased usage of multiple DRMs in web browsers.

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Programmable Stage Lighting Market – Advancements in LED Technology to Support Market’s Growth

According to a new research report by Transparency Market Research (TMR), the global programmable stage lighting market is demonstrating a competitive vendor landscape, thanks to the presence of a large pool of participants. The degree of competition within this market is expected to increase substantially in the years to come, owing to the continual launches of innovative products. Altman Lighting Co., Guangzhou Yajiang Photoelectric Equipment Co. Ltd., PR Lighting Ltd., Chauvet & Sons Inc., Martin Professional, Guangzhou GTD Lighting Technology Co. Ltd., General Electric Co., ADJ Products LLC., Clay Paky S.p.A., Brand Lighting, ROBE lighting s. r. o., and Robert Juliat are some of the key vendors of programmable stage lighting products across the world, reviewed in this research study.

As per the study, the global market for programmable stage lighting, which stood at US$1.19 bn in 2016, is expected to rise at a CAGR of 7.0% during the period from 2018 to 2026 and increase to a value of US$2.29 bn by the end of the period of the forecast. LED lights have been reporting a higher demand than any other type of programmable stage light and are expected to continue on the same path over the next few years. Strip lights have surfaced as the most favored product in this market and are projected to remain so in the years to come. North America led the global market in 2016 with a share of nearly 50%. Researchers anticipate the regional market to retain its position over the period of the forecast.

“The demand for programmable stage lights has increased significantly over the last two decade, thanks to the rising usage of such lights across the world for music events, stage shows, live in concerts, premier clubs, conference rooms, bars, theme parks, shops, and architectural environments,” says an analyst at TMR.

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The market is likely to gain remarkably from the significant advancement in the LED technology over the next few years. The augmenting demand for smart wireless lighting controls is also expected to contribute positively to the growth of this market in the years to come, report the market study.

Availability of Cheap Lighting Products to Reflect Negatively on Market

On the other hand, the availability of cheap lighting products, especially in emerging economies, may limit the growth of the worldwide market for programmable stage lights in the near future. However, the shift of consumers in these regions towards LED-based programmable stage lighting is anticipated to normalize the impact of these restraints over the forthcoming years, states the research report.

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Wireless Charging ICs Market – Increasing Demand for Consumer Electronics to Propel Market

The presence of a large pool of participants, such as NXP Semiconductors, Qualcomm Inc., and Vishay Intertechnology Inc., points towards a highly fragmented and competitive structure of the global wireless charging ICs market, states a reserch report by Transparency Market Research (TMR). Researchers predict the rivalry between the players to intensify in the near future.

According to the research report, the global market for wireless charging ICs was worth US$1.43 bn in 2015. Rising at a noticeable CAGR of 24.54% during the period from 2016 to 2024, researchers estimate this market to cross US$10.14 bn mark in terms of value by the end of the forecast period. The demand for receiver ICs is greater than other ICs and is projected to remain enjoying the lead in this market over the years to come.

An assessment of the worldwide market for wireless charging ICs on the basis of its geographical spread across North America, the Middle East and Africa, Europe, Asia Pacific, and Latin America has also been provided in this research study. In 2015, Asia Pacific led the global market with a share of more than 31%. Analysts project this regional market to retain its dominance over the period of the forecast, thanks to the rising demand for these ICs in the consumer electronics sector. The escalating demand for smartphones and tablets in a number of Asian countries, such as India, Japan, and China, is also expected to support the growth of the Asia Pacific market for wireless charging ICs in the years to come.

North America, which stood second in 2015, is anticipated remain seated in this position throughout the forecast period, owing to the rising usage of wireless charging electronics devices in the public sector. The swelling demand for wireless charging technology across various consumer electronic devices, such as laptops, computers, televisions, gaming devices, tablets, and mobiles are also expected to add to the progress of the North America wireless charging ICs market significantly in the near future, notes the research study.

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Increasing Demand for Consumer Electronics to Propel Market

“The rising penetration of consumer electronics across the world is having the most prominent impact on the global wireless charging ICs market,” says an analyst. Owing to the increasing demand for wireless charging, these ICs have found a widespread application in electronic devices, such as mobile, tablet, and laptops, which as a result, is reflecting positively on the worldwide market for wireless charging ICs. However, the market may face issues from the manufacturing standardization to some extent during the forecast period.

Going forwards, the market is likely to gain significantly in the near future from the technological advancements, such as the miniaturization and compact designing of these IC packages for their efficient integration into various portable consumer electronics. Apart from this, the healthcare and the aerospace industries are likely to offer lucrative opportunities for wireless changing technology in the coming years, which in turn, will benefit the market substantially. The increasing deployment these ICs in automobiles is also projected to boost this market considerably in the near future, states the report.

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