Streaming Analytics Industry Revenue, Opportunity, Segment and Key Trends 2023

Market Highlights:

The market of streaming analytics appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. Prominent vendors of streaming analytics market are targeting to invest more in technology and research and development activities to innovate their already existing technology.

With rapid industrialization and increasing volume of organizational data, the adoption of streaming analytics has increased. Market Research Future (MRFR) has recently published a report stating that the global streaming analytics market is marked to expand at a remarkable CAGR of 33% during the forecast period of 2017-2023 and reach the valuation of USD 16 Bn by the end of 2023.

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Major Key Players

• Apache Software Foundation (U.S.),


• Microsoft Corporation (U.S.),


• Datatorrent (U.S.),


• SAP SE (Germany),


• Oracle Corporation (U.S.),


• Informatica Corporation (U.S.),


• Software Ag (Germany),


• Tibco Software (U.S.),


• Impetus Technologies (U.S.),


• SQLstream (U.S.)

are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Streaming Analytics Market.

According to MRFR, The streaming analytics market is expected to grow at approximately USD 16 Billion by 2023, at 33% of CAGR between 2017 and 2023.

Market Drivers and Restraints:

Rising demand for real-time data analytics and enhanced customer engagement is inducing high demand for data analytics solution, resulting in the significant expansion of the global streaming analytics market. The widespread application of streaming analytics in algorithmic trading, supply chain optimization, intelligence and surveillance, real-time patient monitoring system and others are aiding the growth of the global streaming analytics market. However, concerns regarding data security and privacy and low return on investment are some of the factors that are restraining the growth of the global streaming analytics market during the forecast period.

Market Segmentation:

The global streaming analytics market has been segmented on the basis of component, application, deployment, organization size and vertical. Based on component, the streaming analytics market has been segmented into software and services. The services segment in sub-segmented into professional services and managed services. Based on application, the streaming analytics market has been segmented into fraud detection, sales and marketing management, predictive asset management, risk management, network management and optimization, location intelligence, operations management and others. Based on deployment, the streaming analytics market has been segmented into cloud and on-premise. Based on organization size, the streaming analytics market has been segmented into government and defense, BSFI, IT and telecommunication, healthcare, retail, education, energy and utilities and others.

Regional Analysis:

Geographically, the global streaming analytics market has been segmented into four major regions such as Europe, North America, Asia Pacific, and the rest of the world. increasing adoption of cloud-based solutions and high demand for improving information governance in various organizations are driving the streaming analytics market in the North America region. The streaming analytics market in the Asia Pacific region is majorly driven by increasing investment into research and development of upgraded streaming analytics technology and increasing adoption of this service in various industry verticals in this region. The Asia Pacific region is also considered to be growing at comparatively faster growth rate in the global streaming analytics market during the forecast period. The Europe region is projecting rapid growth in the global streaming analytics market owing to the high adoption rate of this service in various industrial sectors in this region.

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Intended Audience

• Investors and consultants


• System Integrators


• Government Organizations


• Research/Consultancy firms


• Technology solution providers


• IT Solution Providers

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

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LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 STREAMING ANALYTICS MARKET: BY COMPONENT (%)

FIGURE 3 STREAMING ANALYTICS MARKET: BY APPLICATION (%)

FIGURE 4 STREAMING ANALYTICS MARKET: BY DEPLOYMENT (%)

FIGURE 5 STREAMING ANALYTICS MARKET: BY ORGANIZATION SIZE (%)

FIGURE 6 STREAMING ANALYTICS MARKET: BY VERTICAL (%)

FIGURE 7NORTH AMERICA STREAMING ANALYTICS MARKET, BY COMPONENT (%)

FIGURE 8 NORTH AMERICA STREAMING ANALYTICS MARKET, BY APPLICATION (%)

FIGURE 9 NORTH AMERICA STREAMING ANALYTICS MARKET, BY DEPLOYMENT (%)

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