Global streaming analytics market is set to witness a healthy CAGR of 32.19% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2018. Increasing demand for instant action on business events dynamic and growing deployment of streaming analytics software is the factor for the growth of this market.
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Major Market Competitors/Players
Few of the major competitors currently working in the global streaming analytics market are IBM Corporation, Oracle, Microsoft, SAP ERP, Software AG, SAS Institute Inc., TIBCO Software Inc., Streamanalytix., Striim, Inc., WSO2, Informatica, SQLstream, Inc., EsperTech Inc, INETCO Systems Ltd, Axonize, Vitria, Striim, Inc., EVAM, Zoomdata, Adamos GmbH among others.
Global streaming analytics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of streaming analytics market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Streaming Analytics Market
Streaming analytics operate by enabling organisations to set up real-time data streaming analytics calculations from databases, social media, sensors, devices, websites, and more. For intuitive requirements, streaming analytics provide fast and timely processing along with language inclusion. They are widely used in application predictive asset management, network management & optimization, supply chain management, risk management, sales and marketing and other. They are highly scalable and can be easily handle high event up to 1GB/ second. Streaming analytics is a service based on the cloud and is very cost effective.
Increasing integration of technologies such as IoT, big data and AI are the factor for the market growth
Rising focus toward real- time accurate forecast will accelerate the market growth
Growing industrial application boost the growth of this market
Increasing adoption of advanced analytic tools by SMEs contributes as a factor for this market growth
Lack of integrating legacy systems with big data solutions will restrain the market growth
Strict government regulations on data security is another factor hampering the growth of the market
Low investment returns also impede the growth of this market
Key Developments in the Market:
In January 2019, Alibaba announced the acquisition of Data Artisans. Data Artisans ‘ platform offers companies with a highly scalable streaming solution that allows them to operate and deploy live information applications so that they can instantly respond to information and create better and quicker company choices. This acquisition will help the company to increase their data processing technologies and will create new platform for the leaders who are into stream processing
In October 2017, Cisco announced the acquisition of Perspica. This acquisition will help the company to combine the Perspica technology into its AppDynamics product so they can provide network and application analytics & monitoring. This will also provide them ability to process information when it is produced and can speed up the time that end consumers can gain insight from the information
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Segmentation: Global Streaming Analytics Market
Sales and Marketing
Predictive Asset Management
Network Management and Optimization
Supply Chain Management
By Deployment Type
By Industry Vertical
Banking, Financial Services, and Insurance
Telecommunication and IT
Retail and Ecommerce
Healthcare and Life Sciences
Energy and Utilities
Transportation and Logistics
Media and Entertainment
Middle East and Africa
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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