Hadoop has become the go-to platform for many companies across the world when it comes to data management and analysis. The Apache Foundation's software is at the centre of some of the largest and most important data sets in the world, and it is predicted to grow even further in the next few years.
This comes after research from Allied Market Research (AMR) who predicted that the market will be worth $50.2 billion by 2020, expanding from $2 billion in 2013 at an increase of 2400% across 7 years. This kind of rise means that each year now needs to have significant growth and 2016 brings with it these same expectations, given that it sits at the median between the two dates.
So, what can we expect to see from Hadoop over the next 12 months?
SQL Performance Improvement To Drive Further Adoption
Given that SQL is now one of the most dominant languages in data management and manipulation, Hadoop has been surprisingly lax in its support. That isn't to say that it doesn't work, but that it could do more. 2016 is likely to be the year where this is rectified, and the extra support and power that this brings will drive even further adoption for the already popular open source platform.
Investment In Hadoop Will See More Companies In The Mix
With the popularity of the platform and the successes of Hadoop vendors like Hortonworks and Cloudera, investors are keen to pump as much capital as they can in the industry. This kind of opportunity will see more startups moving into the market, creating a larger pool of potential providers. Cloudera, for instance, have raised over $900 million in funding in 2014 alone.
The System Will Become More Accessible
Along with the rise of Hadoop and open source data platforms, there has been an increasing difficulty in hiring qualified data scientists. This has created a problem for companies, as although the systems may be available, the people needed to use them are hard to find. Therefore, 2016 is likely to bring improved UX for non-data scientists, allowing companies who don't necessarily have top analytics skills in-house to take advantage of the power of Hadoop.
Asia-Pacific Market To Increase Significantly
North America is currently the top user of Hadoop, but given that the use of data and analytics is going to increase across the world, the Asia-Pacific region is predicted to be the quickest growing and 2016 is therefore likely to be a big year. Being the median year in the 2013-2020 prediction, 2016 is likely to see growth of around 60% according to AMR, meaning that further support for languages and inputs are likely.
Financial Services To Take The Lead
After the financial crash in the late 2000s, financial institutions have set about trying to use data to protect themselves against loss. With predictions of doom coming from several banks for the next 12 months, it is a good thing that they are starting to use data more and adopting Hadoop in order to drive their initiatives more effectively. In fact, 2016 may well be the year in which Finance becomes the most Hadoop driven industry. Companies including, Morgan Stanley, Bank of America, Credit Suisse and Australia and New Zealand Banking Group have all begun using the platform for their data analytics.