PUBLISHER: Value Market Research | PRODUCT CODE: 1547719
PUBLISHER: Value Market Research | PRODUCT CODE: 1547719
The global demand for Streaming Analytics Market is presumed to reach the market size of nearly USD 295.96 Billion by 2032 from USD 29.04 Billion in 2023 with a CAGR of 29.43% under the study period 2024-2032.
Streaming analytics is a real-time analysis of data streaming from applications, social media, sensors, devices, websites, etc. Superfast computations and ability to process concurrent multiple data streams is the key to building a platform for streaming analytics. Streaming analytics, which acts as a complement to traditional analytics, adds real-time insight into your decision-making toolbox. The typical use cases include fraud detection, monitoring, and reporting on internal IT systems, inventory management, stock trading, SIEM, etc. Streaming analytics helps companies identify new business opportunities and revenue streams, increasing profits, new customers, and improved customer service. It is highly scalable and can be a cloud-based service.
Increased penetration of the internet and the adoption of advanced technologies like big data, IoT, AI worldwide will be the major drivers for the growth of this market. Ongoing industrial automation and the growing importance of analyzing real-time data to improve the decision-making process, service delivery process, network optimization, reduce infrastructure costs, fraud detection, and customer interaction and retention across various industries will benefit market growth. Streaming analytics is gaining popularity across different business segments since it can deliver a proactive, seamless, and personalized consumer experience using real-time insights. The various restraints hindering this market's growth are the lack of experts in handling the platform and inconsistent data streams.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Streaming Analytics. The growth and trends of Streaming Analytics industry provide a holistic approach to this study.
This section of the Streaming Analytics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Streaming Analytics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Streaming Analytics market include IBM Corporation, Informatica, Microsoft, SAP SE, Striim Inc., Oracle Corporation, SAS Institute Inc., SQLstream Inc., Software AG, TIBCO Software Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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