Hadoop Software Market to Hit $812.8 Million in 2016, Says IDC

Monday May 7th 2012 by Datamation.com Staff
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Software related to Hadoop and MapReduce topped $77 million in revenue last year.

ZDNet: Researchers at IDC say the market for products related to the Hadoop big data analytics software is about to take off. Last year, enterprises spend just $77 million on Hadoop-MapReduce products, but by 2016, IDC believes the market will grow to $812.8 million. That's a 60 percent annual growth rate.

Some industry observers are comparing Hadoop to Linux, another open source technology that eventually became commonplace in enterprise data centers.

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