Hadoop is a Java-based open-source programming network supported by the Apache Software Foundation that allows large datasets to be processed in a distributed computing environment. Hadoop is divided into two major subprojects: HDFS and MapReduce. MapReduce is a framework that assigns work to clusters within a node, whereas HDFS is a file system used to store data in a Hadoop cluster. Hadoop is commonly used in the manufacturing, banking, financial services, consumer goods, information technology and telecommunications, government and defense, healthcare, retail, energy, transportation, and retail sectors.
The global Hadoop market is expected to be worth US$ 404.4 billion by the end of 2028, with a CAGR of 37.9 percent during the forecast period (2021-2028).
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Source:
https://www.coherentmarketinsights.com/market-insight/hadoop-market-4425
