IDC Releases First Worldwide Hadoop-MapReduce Ecosystem Software Forecast, Strong Growth Will Continue to Accelerate as Talent and Tools Develop
07 May 2012
FRAMINGHAM, Mass., May 7, 2012 – New research from International Data Corporation (IDC) shows that revenues for the worldwide
Hadoop-MapReduce ecosystem software market are considered to be $77 million in
2011 and are expected to grow to $812.8 million in 2016 for a compound annual
growth rate (CAGR) of 60.2%.
"Hadoop and MapReduce are taking the
software world by storm, inspiring a wide range of projects that collect both
structured and unstructured data and producing output that may be used to
answer a single question; serve as the foundation for a range of other questions,
queries, or searches; or be loaded into a data warehouse for more systematic
and repeatable query," said Carl Olofson, program vice
president for IDC's Information Management software research.
"The Hadoop and MapReduce market will
likely develop along the lines established by the development of the Linux
ecosystem," added Dan Vesset, vice president,
Business
Analytics Solutions at IDC. "Over the next decade, much of the
revenue will be accrued by hardware, applications, and application development
and deployment software vendors - both established IT providers and start-up,
which in aggregate have raised more than $300 million in venture capital
funding."
IDC research shows that one of the key
drivers for this market is the increasing availability of interactional, attitudinal,
and behavioral data from such sources as social media and other Web-based applications
and a desire to mine such data for its full value. In addition to the scarcity
of tools and qualified staff, a factor expected to inhibit growth during the forecast
period is the competition between open source vendors and their closed source
counterparts, which may force lower license fees from the latter group,
resulting in somewhat slower software revenue growth than would be the case if
open source projects did not represent so large a component of this market
space.
The study, Worldwide
Hadoop-MapReduce Ecosystem Software 2012-2016 Forecast (IDC #234294) examines the sales of software
in support of, or based upon, MapReduce or Hadoop functions. The
Hadoop-MapReduce ecosystem includes that subset of Big Data software that
operates with or under Hadoop or MapReduce environments. This research presents
IDC's Hadoop-MapReduce ecosystem software market sizing and forecast for
2012–2016.
About IDC
International Data
Corporation (IDC) is the premier global provider of market intelligence,
advisory services, and events for the information technology,
telecommunications, and consumer technology markets. IDC helps IT
professionals, business executives, and the investment community to make
fact-based decisions on technology purchases and business strategy. More than
1,000 IDC analysts provide global, regional, and local expertise on technology
and industry opportunities and trends in over 100 countries. For more than 48
years, IDC has provided strategic insights to help our clients achieve their
key business objectives. IDC is a subsidiary of IDG, the world's leading
technology media, research, and events company. You can learn more about IDC by
visiting www.idc.com.
Contact
For more information, contact:
Carl Olofson
colofson@idc.com
508-935-4047
Dan Vesset
dvesset@idc.com
508-935-4257
Michael Shirer
press@idc.com
508-935-4200
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