The global Hadoop market has witnessed skyrocketing adoption in the recent years and is expected to reach US $84.6 billion in revenue by 2021, equaling a stellar compound annual growth rate of 63.4 percent between 2016 and 2021, according to an Allied Market Research report.
In another recent study conducted by Syncsort, some 271 IT executives across a variety of industries were asked how they are deploying Hadoop and their expectations in terms of benefits. Their key findings include:
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