Dublin, Nov. 10, 2020 (GLOBE NEWSWIRE) -- The "Streaming Analytics Market by Component, Deployment Model, by Organization Size, Application, Industry Vertical,: Global Opportunity Analysis and Industry Forecast, 2019-2027" report has been added to ResearchAndMarkets.com's offering.
The global streaming analytics market size was valued at $7,740.0 million in 2019, and is projected to reach $52,190.0 million by 2027, growing at a CAGR of 26.8% from 2020 to 2027.
Streaming analytics complements traditional analytics by providing real-time insight into the decision-making toolbox. It is also known as event stream processing, which automatically processes & analyzes large scale real-time information and in-motion data called, event streams. The streams encompass events that occur as the result of an action or set of actions, such as equipment failure, financial transaction, or some other actions. Streaming analytics is generating significant business value in preventative maintenance, retail, smart transportation, smart energy, industrial automation, and healthcare.
Based on organization size, the large enterprises segment dominated streaming analytics market in 2019, owing to high spending on data analytics tools along with massive data generation among these enterprises. However, the small and medium sized enterprises are expected to witness the highest growth rate in the upcoming years due to several factors such as the growing awareness about the benefits of streaming analytics software, growing focus to improve customer experience, and availability of cost efficient software in streaming analytics market.
On the basis of industry vertical, the IT and Telecom sector dominated the market in 2019, and is expected to continue this trend during streaming analytics market forecast period. The dominance of this industry is mainly due to the growing need to analyze large amounts of operational data such as application usage statistics, customers' location, and other performance data to improve service delivery and personalization. However, media & entertainment industry is expected to witness the highest growth rate in the upcoming years owing to sudden extensive growth in OTT applications due to the COVID-19 pandemic on smartphone. The adoption of streaming analytics solution is expected to increase in the upcoming years to gain powerful insights on designing enhanced marketing campaigns for customer retention.
The global streaming analytics market share was dominated by the North America region in 2019, and is projected to maintain its dominance during the forecast period. The dominance of the region is due to the presence of several leading streaming analytics software vendors such as Oracle Corporation, Microsoft Corporation, IBM Corporation, and others. These players are concentrating on the development as well as commercial deployment of streaming analytics software for industrial and consumer applications. Also, there has been a rise in demand among enterprises to automate decision-making process based on real-time data analysis. Furthermore, number of factors such as technology enhancements, stable economy, optimized infrastructure costs, and others are expected to positively impact market growth. However, the Asia-Pacific region is expected to witness the highest growth rate in the upcoming years owing to the growing adoption of advanced technologies such as IoT, AI, and big data in business applications, which is generating the need for real-time insights.
The report focuses on the growth prospects, restraints, and streaming analytics market analysis. The study provides Porter's five forces analysis of streaming analytics industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on streaming analytics market trends.
COVID-19 conditions in the global market have changed drastically and every single country is facing economic crunch owing to slowing down of the businesses. The COVID-19 pandemic is impacting businesses across the globe and analytics companies are trying to fight this pandemic by keeping their assets online and making sure the data is secure across networks. Though streaming analytics vendors are also facing challenges associated with the inflexibility of data infrastructure, the negative impact on the market is expected to minimize due to several factors such as the growing need for tracking real-time information of coronavirus spread, a major shift towards digital transformation, the rise in investments in data analytics, and growing adoption of cloud-based streaming analytics software is driving the growth of the market.
Key Benefits
- This study includes streaming analytics analysis, trends, and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and streaming analytics market opportunity.
- streaming analytics market size is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.
- Porter's five forces analysis illustrates the potency of buyers & suppliers in streaming analytics market.
KEY MARKET PLAYERS
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- SAP SE
- Software AG
- SAS Institute Inc.
- TIBCO Software Inc.
- Amazon Web Services
- SQLstream, Inc.
- Impetus Technologies, Inc.
Key Topics Covered:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
3.1. Market Definition and Scope
3.2. Porter's Five Forces Analysis
3.2.1. Moderate-To-High Bargaining Power of Suppliers
3.2.2. Moderate-To-High Bargaining Power of Buyers
3.2.3. High Threat of Substitutes
3.2.4. Moderate-To-High Threat of New Entrants
3.2.5. High Competitive Rivalry
3.3. Case Studies
3.3.1. Case Study 01
3.3.2. Case Study 02
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Growing Adoption of Streaming Analytics for Real-Time Accurate Forecast
3.4.1.2. Growing Adoption of Advanced Technologies Such as Big Data, Iot, Ai
3.4.1.3. Growing Industrial Automation
3.4.1.4. Growing Adoption of Cloud-Based Streaming Analytics Software
3.4.2. Restraints
3.4.2.1. Lack of Integration of Legacy Systems
3.4.2.2. Stringent Data Security Regulations
3.4.3. Opportunities
3.4.3.1. Ongoing Partnership & Product Launches Taking Place in the Streaming Analytics Market
3.4.3.2. Rise in Adoption of Digital Business Policies Due to Covid-19 Pandemic
3.5. Covid-19 Impact Analysis
3.5.1. Impact on Market Size
3.5.2. Consumer Trends, Preferences, and Budget Impact
3.5.3. Regulatory Framework
3.5.4. Economic Impact
3.5.5. Key Player Strategies to Tackle Negative Impact
3.5.6. Opportunity Window
Chapter 4. Streaming Analytics Market, by Component
4.1. Overview
4.2. Software
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.3. Service
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
Chapter 5. Streaming Analytics Market, by Deployment Model
5.1. Overview
5.2. On-Premise
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Cloud
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
Chapter 6. Streaming Analytics Market, by Organization Size
6.1. Overview
6.2. Large Enterprises
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis, by Country
6.3. Small & Medium Sized Enterprises
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis, by Country
Chapter 7. Streaming Analytics Market, by Application
7.1. Overview
7.2. Fraud Detection
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Market Analysis, by Country
7.3. Predictive Asset Management
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Market Analysis, by Country
7.4. Risk Management
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Region
7.4.3. Market Analysis, by Country
7.5. Network Management and Optimization
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Region
7.5.3. Market Analysis, by Country
7.6. Sales and Marketing
7.6.1. Key Market Trends, Growth Factors, and Opportunities
7.6.2. Market Size and Forecast, by Region
7.6.3. Market Analysis, by Country
7.7. Supply Chain Management
7.7.1. Key Market Trends, Growth Factors, and Opportunities
7.7.2. Market Size and Forecast, by Region
7.7.3. Market Analysis, by Country
7.8. Location Intelligence
7.8.1. Key Market Trends, Growth Factors, and Opportunities
7.8.2. Market Size and Forecast, by Region
7.8.3. Market Analysis, by Country
7.9. Others
7.9.1. Key Market Trends, Growth Factors, and Opportunities
7.9.2. Market Size and Forecast, by Region
7.9.3. Market Analysis, by Country
Chapter 8. Streaming Analytics Market, by Industry Vertical
8.1. Overview
8.2. Bfsi
8.2.1. Key Market Trends, Growth Factors, and Opportunities
8.2.2. Market Size and Forecast, by Region
8.2.3. Market Analysis, by Country
8.3. It & Telecom
8.3.1. Key Market Trends, Growth Factors, and Opportunities
8.3.2. Market Size and Forecast, by Region
8.3.3. Market Analysis, by Country
8.4. Manufacturing
8.4.1. Key Market Trends, Growth Factors, and Opportunities
8.4.2. Market Size and Forecast, by Region
8.4.3. Market Analysis, by Country
8.5. Government
8.5.1. Key Market Trends, Growth Factors, and Opportunities
8.5.2. Market Size and Forecast, by Region
8.5.3. Market Analysis, by Country
8.6. Retail and E-Commerce
8.6.1. Key Market Trends, Growth Factors, and Opportunities
8.6.2. Market Size and Forecast, by Region
8.6.3. Market Analysis, by Country
8.7. Media & Entertainment
8.7.1. Key Market Trends, Growth Factors, and Opportunities
8.7.2. Market Size and Forecast, by Region
8.7.3. Market Analysis, by Country
8.8. Healthcare
8.8.1. Key Market Trends, Growth Factors, and Opportunities
8.8.2. Market Size and Forecast, by Region
8.8.3. Market Analysis, by Country
8.9. Energy & Utilities
8.9.1. Key Market Trends, Growth Factors, and Opportunities
8.9.2. Market Size and Forecast, by Region
8.9.3. Market Analysis, by Country
8.10. Others
8.10.1. Key Market Trends, Growth Factors, and Opportunities
8.10.2. Market Size and Forecast, by Region
8.10.3. Market Analysis, by Country
Chapter 9. Streaming Analytics Market, by Region
9.1. Overview
9.2. North America
9.3. Europe
9.4. Asia-Pacific
Chapter 10. Competitive Landscape
10.1. Top Winning Strategies
10.2. Market Share Analysis
10.3. Competitive Dashboard
10.4. Competitive Heatmap
10.5. Key Developments
10.5.1. New Product Launches
10.5.2. Partnership
10.5.3. Acquisition
10.5.4. Agreement
10.5.5. Product Development
10.5.6. Business Expansion
10.5.7. Collaboration
Chapter 11. Company Profile
11.1. Amazon Web Services, Inc.
11.1.1. Company Overview
11.1.2. Key Executives
11.1.3. Company Snapshot
11.1.4. Operating Business Segments
11.1.5. Product Portfolio
11.1.6. Business Performance
11.1.7. Key Strategic Moves and Developments
11.2. International Business Machines Corporation
11.3. Impetus Technologies, Inc.
11.4. Microsoft Corporation
11.5. Oracle Corporation
11.6. Sap Se
11.7. Sas Institute Inc.
11.8. Software AG
11.9. Sqlstream, Inc.
11.10. Tibco Software Inc.
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