Big Data is only getting bigger

Hadoop ecosystem to be worth over $800m by 2016, forecasts analyst

Chris Mayer
Big-Data-elephant

New research from IDC suggest that the already thriving Hadoop/MapReduce ecosystem is set to grow bigger, estimated to be worth a cool $812.8m come 2016

There’s been a lot of talk proclaiming 2012 the year of Big
Data, or more appropriately the year it permeates the mainstream,
so to speak. A new research report from the International Data
Corporation (IDC) estimates that the global Hadoop-MapReduce market
to be worth $818m by 2016.

Within their WorldWide
Hadoop-MapReduce Ecosystem Software 2012-2016 Forecast
, the IDC
says the hugely open source distributed data ecosystem generated
$77 million in 2011 and to grow annually by 60.2% (Compound Annual
Growth Rate). This isn’t even taking into account Hadoop’s first
stable version right at the end of the year, which was effectively
a signal to the enterprise world that this revolutionary rethinking
of storing and distributing both structured and unstructured data
is ready for the challenge.

Many think Hadoop will develop along the lines of the Linux
ecosystem, becoming ubiquitous within that specialist field, and
you can’t really fault that logic. Dan Vesset, vice president,
Business Analytics Solutions at IDC is one person prophesying such,
saying:

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.

December’s Apache Hadoop 1.0
release
has already seen a lot of hesistent enterprises embrace
the Hadoop methodology, no doubt leading to many problems being
solved, such as how to store vast amounts of data efficiently and
retrieving it quicksharp. The Apache Foundation’s backing certainly
makes sure that all avenues are open to the Hadoop community, in
making sure their message is heard loud and clear.

IDC believe one of the key drivers for this market is social
media and the increasing availability of interactional,
attitudinal, and behavioural data from it, with many seeking to
mine such data for its full value. Currently, social media is a
relatively untapped field in this respect, with potential to
becoming a leading light.

Aside from the potential stumbling blocks of ‘the scarcity of
tools and qualified staff’, a major factor expected to inhibit
growth during the forecast period is the competition between open
source vendors and their closed source counterparts, perhaps
playing each other to force lower license fees from the latter
group. This in turn would see a slower revenue growth from closed
source options. This is hardly surprising when you consider how
large the open source behemoth is in today’s market.

What remains to be seen is whether this Hadoop growth is tenable
after an encouraging start. Is the $818m merely pie in the sky or
something much more substantial? We’ll have to wait and see…

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