Press Release

Streaming Analytics Market is estimated to generate a higher market value of USD 40 Billion till 2026

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Streaming Analytics Market is estimated to grow at a CAGR of 24.6% during forecast period and projected to reach USD 40 Billion by 2026. GMI Research anticipates that the global streaming analytics market will generate lucrative growth during the forecast period. The increasing demand for progressive solutions to capture real-time events to make the right decision and the growing adoption of cutting-edge technologies like Big data, IoT, and AI boost the streaming analytics market size.

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Introduction of the Streaming Analytics Market

Streaming Analytics refers to real-time analytics. It is a kind of data analysis that allows enterprises to secure real-time calculations on data streaming from any device, application, sensors, website, audio, video, text, and others. In addition, to enhance working efficiency and detect fraud in real-time, companies are using streaming analytics to manage their high-volume data. Hence, streaming analytics can handle high events throughout up to 1 GB/sec by protecting data loss through its inherent features. Furthermore, streaming analytics has various functions such as engaging customers, real-time patient monitoring systems, network monitoring, algorithm trading, intelligence, surveillance, etc.

Key Players of the Market

  • IBM Corporation
  • Sqlstream
  • Microsoft Corporation
  • Tibco Software Inc.
  • Software AG
  • Incorporated
  • SAP SE
  • SAS Institute Inc.
  • Oracle Corporation
  • Impetus Technologies
  • Informatics Corporation

Streaming Analytics Market Dynamics

The significant factors stimulating the growth of the streaming analytics market during the forecast period are the rapid adoption of advanced technologies like Big Data, AI, and IoT and the rising demand for high-tech solutions to capture real-time events to make real-time decisions.  For example, an AI specialized company Oracle acquired Datafox provided an AI-based engine to search and locate the latest information. Furthermore, as per the streaming analytics market forecast, the demands of streaming analytics increased due to the constant adoption of IoT in all the sectors such as retail, IT, manufacturing, BFSI, and others, as increased data generation volume results in high fraud crimes. Likewise, according to the National Retail Federation, the pre-planned retail crime charges retailers around $777,877 per 1billion dollar in sales. However, according to the streaming analytics market report, the crucial aspects that restrain the market growth during the forecast period are, data privacy, data safety, and less knowledge of streaming analytics.

Global Streaming Analytics Market Segmentation

Segmentation By Component

  • Software
  • Services

Segmentation By Deployment

  • On-Cloud
  • On-Premises

Segmentation By Application

  • Fraud Detection
  • Sales and Marketing
  • Risk Management
  • Location Intelligence
  • Supply Chain Management
  • Others

Segmentation By Vertical

  • Government and Defense
  • BFSI
  • IT and Telecommunication
  • Retail
  • Manufacturing
  • Transportation and Logistics
  • Others

Segmentation by Region

North America

  • The United States of America
  • Canada
  • Mexico

Europe

  • The United Kingdom
  • Germany
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Australia
  • Rest of APAC

RoW

  • Brazil
  • South Africa
  • GCC Countries
  • Rest of RoW

Introduction of GMI Research

GMI Research is a global leader in marketing research and consulting services that give an in-depth analysis of profiles of key market players and offer a competitive landscape. We give business-related solutions, ensuring our clients make beneficial investment decisions and boost revenue. We provide accurate research reports and other consulting services based on insight facts that allow our clients to succeed by defeating the competitors.

Tags: global Streaming Analytics market, Streaming Analytics Market forecast, Streaming Analytics Market Size, Streaming Analytics Market, Streaming Analytics Market Report

See Campaign: https://www.gmiresearch.com/report/fiber-optics-market/
Contact Information:
Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com

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Contact Information:

Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: [email protected]
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com