The global demand for Streaming Analytics Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Streaming analytics is a real-time analysis of data streaming from applications, social media, sensors, devices, websites, etc. Superfast computations and ability to process concurrent multiple data streams is the key to building a platform for streaming analytics. Streaming analytics, which acts as a complement to traditional analytics, adds real-time insight into your decision-making toolbox. The typical use cases include fraud detection, monitoring, and reporting on internal IT systems, inventory management, stock trading, SIEM, etc. Streaming analytics helps companies identify new business opportunities and revenue streams, increasing profits, new customers, and improved customer service. It is highly scalable and can be a cloud-based service.
Market Dynamics
Increased penetration of the internet and the adoption of advanced technologies like big data, IoT, AI worldwide will be the major drivers for the growth of this market. Ongoing industrial automation and the growing importance of analyzing real-time data to improve the decision-making process, service delivery process, network optimization, reduce infrastructure costs, fraud detection, and customer interaction and retention across various industries will benefit market growth. Streaming analytics is gaining popularity across different business segments since it can deliver a proactive, seamless, and personalized consumer experience using real-time insights. The various restraints hindering this market's growth are the lack of experts in handling the platform and inconsistent data streams.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of streaming analytics.
Market Segmentation
The entire streaming analytics market has been sub-categorized into component, organization size, deployment mode, application and industry vertical. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Component
By Organization Size
- Large Enterprises
- Small & Medium Sized Enterprises
By Deployment Mode
By Application
- Fraud Detection
- Predictive Asset Management
- Risk Management
- Network Management and Optimization
- Sales and Marketing
- Supply Chain Management
- Location Intelligence
- Others
By Industry Vertical
- BFSI
- IT and Telecom
- Manufacturing
- Government
- Retail and E-Commerce
- Media and Entertainment
- Healthcare
- Energy and Utilities
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for streaming analytics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Streaming Analytics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the streaming analytics market include IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Software AG, SAS Institute Inc., TIBCO Software Inc., Amazon Web Services, SQLstream, Inc., Impetus Technologies, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.