HADOOP AND BIG DATA ANALYTICS MARKET ANALYSIS
North America holds a dominant position in the market and is expected to maintain its dominance over the forecast period. Dominance of this region is attributed to the rampant development of IT infrastructure and high presence of major IT companies such as Google, Microsoft, IBM, and Oracle in the region.
Asia Pacific is projected to observe rapid growth over the forecast period, owing to rapid industrialization and urbanization. For instance, Government of India has launched the smart city mission for city renovation and retrofitting program to develop 100 cities across the country to make them more resident friendly and highly maintainable. Such initiatives are expected to create opportunities for growth of the market over the forecast period.
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