Analyst Perspective

The streaming analytics market has grown over the past few years. The advancement of technology has significantly impacted the growth of the market. Industry 4.0 will play a vital part in the performance of the market as it is responsible for the large volume of data that needs to be managed. In the coming years of the forecast period, the market is expected to witness significant growth. The stringent data security regulation has proven to be a big challenge for the streaming analytics market.

Market Overview

Streaming analytics, also known as event streaming processing, automatically processes and analyzes a large volume of data to provide real-time information. The process complements traditional analytics by providing real-time insight into the decision-making toolbox. Currently, there have been a number of partnerships and launches that further fuel the market growth. North America is predicted to hold a significant market share owing to the high adoption of IoT technology. The market is expected to expand at a CAGR of 27.5% during 2023-2031.

Market Driver

Advancement of technology such as IoT, AI, and big data

Technology has transformed the operations in various industries around the world. Technological advancement has opened up new possibilities in the current business environment. Streaming analytics has benefited from it. Advancements in technology have streamed the analytic process and provided a more efficient and accurate way of managing large volumes of data. The demand for streaming analytics will grow as technology advances.

Market Scope

The "Global Streaming Analytics Market Analysis to 2031" is an in-depth and specialized study of the technology, media, and telecommunication industry focusing on the global market trend analysis. The report aims to provide an overview of the streaming analytics market with extensive market segmentation by application, deployment type, end-user, and geography. The report gives key statistics on the leading streaming analytics players' market status and offers key trends and opportunities in the market.

Market Segmentation

The global streaming analytics market is segmented based on application, deployment type, end-user, and geography. Based on application, the global streaming analytics market segmentation is into sales and marketing, network management and optimization, fraud detection, asset management, and others. On the basis of deployment type, the market segmentation is into on-premises, cloud, and hybrid. Based on end users, the streaming analytics market is segmented into BFSI, IT and telecom, healthcare, retail, media and entertainment, and others.

 

Regional Analysis

The report shows a detailed overview of the industry, including qualitative and quantitative information. It provides an overview and forecast of the global market based on a number of segments. It also provides market size and forecast estimates from 2021 to 2031 regarding the five major regions, namely North and South America, Europe, the Middle East and Africa (MEA), and Asia-Pacific. The streaming analytics market by region is further segmented by countries and segments. The report covers the analysis and forecast of 18 countries from across the globe, with the region's current trends and opportunities.

The report analyzes factors impacting the market from demand and supply. Further, it evaluates market dynamics impacting the market during the forecast period, i.e., opportunities, future trends, drivers, and restraints. The report also provides an extensive PEST analysis for the five regions, namely North and South America, Europe, MEA, and APAC, after evaluating political, economic, social, and technological factors affecting the streaming analytics market in these regions.

Key Player Analysis

The report covers key developments in the streaming analytics market as inorganic and organic growth strategies. Many companies center on organic growth strategies such as product launches, approvals, patents, and events. Inorganic growth strategies activities seen in the market were acquisitions and partnerships & collaborations. The activities have made way for business expansion and a customer base of market players. The market payers from the streaming analytics market are anticipated to have significant growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the streaming analytics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information for the last 3 years, and key developments in the past five years. The list of a few key companies engaged in the streaming analytics market is mentioned below.

• Google LLC
• IBM Corporation
• Informatica Corporation
• Microsoft Corporation
• SAP SE
• SAS Institute Inc.
• Oracle Corporation
• TIBCO Software Inc.
• SQL Stream, Inc.
• Software AG

REGIONAL FRAMEWORK

Streaming Analytics Market Report Analysis

MARKET PLAYERS

Streaming Analytics Market Report Scope

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