Press Release

Streaming Analytics Market is Expected to Rise at a CAGR of 24.6% over the Forecast Period and Surpass USD 40 Billion by 2026

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GMI Research contemplates that the growing trend of streaming analytics influences the stimulation of the global streaming analytics market due to the increasing fraud crimes on the global level and for capturing the real-time issues for the right decision.

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Introduction of the Streaming Analytics 

Streaming Analytics is also called real-time analytics, enables the organization to capture real-time events on data streaming with the help of any device, applications, sensors, audio, website, text, video, and others. Therefore, with the help of streaming analytics, companies are generating a large amount of data constantly to identify fraud detection in real-time and enhance operational efficiency. Streaming analytics can manage high event throughputs up to 1 GB/sec and restrict data loss by in-built features. Streaming analytics help to retain customers, real-time patient monitoring systems, algorithm trading, intelligence, network monitoring, surveillance, etc.

Key Players of the Market 

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

Streaming Analytics Market Dynamics 

The prominent factors responsible for the growth of the streaming analytics market are the growing demand for the latest solution for capturing real-time data to make real-time decisions, rising penetration of progressive technologies like Big Data, AI, and IoT. For example, Datafox, an AI specialized company acquired by Oracle, offered an AI-based engine to find and locate the latest information.  

Furthermore, as per the Streaming Analytics Market Report, digitalization has raised the volume of data generation that increases the fraud crimes, and the growing acceptance of IoT in all sectors like IT, manufacturing, retail, and BFSI will further augment the streaming analytics market size. For example, as per the National Retail Federation, a preplanned retail crime costs retailers approximately $777,877 per 1billion dollar in sales. However, as per the Streaming Analytics Market Forecast, less knowledge about streaming analytics and data protection and privacy matters restrains the market growth over the forecast period. 

Streaming Analytics Market Segmentation 

Market Segmentation by Component 

  • Software 
  • Services 

Market Segmentation by Deployment 

  • On-Cloud 
  • On-Premises 

Market Segmentation by Application 

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

Market Segmentation by Verticals 

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

Market Segmentation by Region

North America  

  • United States of America  
  • Canada

Europe  

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

Asia Pacific  

  • China   
  • India  
  • Japan  
  • Rest of APAC

Rest of World  

  • Brazil  
  • South Africa   
  • Saudi Arabia   
  • UAE   
  • Rest of world  

About GMI Research    

GMI Research arises as a prominent leader of marketing research and consulting services that implement an out-and-out analysis of profiles of the key market giants. We contribute novel research-based business solutions and encourage our clients to make relevant investment decisions and expand revenue. We give accurate research-based reports and other consulting services based on insight facts to promote our clients to gain success by winning in the competition. 

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

See Campaign: https://www.gmiresearch.com/report/global-streaming-analytics-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

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