Streaming Analytics Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033


Posted April 25, 2024 by amrutaptbrc

Streaming Analytics Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033

 
Overview and Scope
Streaming analytics is the processing and analysis of data records continuously rather than in batches. It allows the setting up of real-time analytics computations on data streaming and also provides language integration with quick and appropriate time-sensitive processing.

Sizing and Forecast
The streaming analytics market size has grown exponentially in recent years. It will grow from $21.82 billion in 2023 to $28.19 billion in 2024 at a compound annual growth rate (CAGR) of 29.2%. The growth in the historic period can be attributed to real-time data processing, increased data volumes, demand for actionable insights, growth of iot devices, advanced analytics adoption.

The streaming analytics market size is expected to see exponential growth in the next few years. It will grow to $83.21 billion in 2028 at a compound annual growth rate (CAGR) of 31.1%. The growth in the forecast period can be attributed to edge computing integration, ai and machine learning in streaming analytics, cloud-native streaming platforms, expansion of 5g networks, cybersecurity concerns and solutions. Major trends in the forecast period include event-driven architecture, integration of streaming analytics with business intelligence, multi-cloud deployment models, focus on anomaly detection, streaming analytics for customer experience optimization.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/streaming-analytics-global-market-report

Segmentation & Regional Insights
The streaming analytics market covered in this report is segmented –

1) By Component: Software, Service
2) By Deployment Mode: On-Premise, Cloud
3) By Organisation size: Large Enterprises, Small And Medium Sized Enterprises
4) By Industry Vertical: BFSI, IT And Telecom, Manufacturing, Government, Retail And E-Commerce, Media And Entertainment, Healthcare, Energy And Utilities, Other Industry Verticals

North America was the largest region in the streaming analytics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the streaming analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The growing usage of cloud technology is expected to propel the growth of the streaming analytics market going forward. Cloud technology, or cloud computing, is a method of delivering computing services over the internet. It allows users to access storage, files, software, and servers through their internet-connected devices. Cloud technology boosts the streaming analytics market by providing a scalable and efficient infrastructure for processing and analyzing large volumes of data in real-time. For instance, In December 2021, according to data published by Eurostat, Cloud technology was trendy in large organizations, as 72% used it in 2021, a 7 % increase over 2020. Cloud computing will be adopted by 53% of medium-sized businesses in 2021, up from 46% in 2020. Furthermore, In March 2022, According to Flexera's 2022 State of the Cloud Report, organizations reported spending more than $12 million yearly in 37% of cases in 2021 and more than $1.2 million on clouds in 80% of cases. Therefore, the growing usage of cloud technology is driving the growth of the streaming analytics market.

Key Industry Players
Major companies operating in the streaming analytics market report are Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, TIBCO Software Inc., Software AG, Striim Inc., Impetus Technologies Inc., SAS Institute Inc., Informatica Inc., Guavus Inc., Google LLC, Cloudera Inc., Conviva Inc., Intel Corporation, SQLstream Inc., Teradata Corporation, Iguazio Ltd., Axonize Ltd., Adobe Inc., Altair Engineering Inc., Mphasis Limited, INTECO Group, WSO2 Inc., EsperTech Inc., Materialize Inc., StarTree Inc., Crosser Technologies AB, Quix Inc., Lenses. io Ltd.

The streaming analytics market report table of contents includes:

1. Executive Summary
2. Streaming Analytics Market Characteristics
3. Streaming Analytics Market Trends And Strategies
4. Streaming Analytics Market - Macro Economic Scenario
5. Global Streaming Analytics Market Size and Growth
.............
31. Global Streaming Analytics Market Competitive Benchmarking
32. Global Streaming Analytics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Streaming Analytics Market
34. Streaming Analytics Market Future Outlook and Potential Analysis
35. Appendix
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Issued By amrutaptbrc
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Categories Business
Last Updated April 25, 2024