Complex Event Processing Market Global outlook 2021 to 2027: SAP SE, Oracle Corporation, Tibco Software Inc., SAS Institute, Inc

Complex Event Processing Market - Growth. Trends And Forecasts (2020-2025)

The report presents an in-depth assessment of the Complex Event Processing including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Complex Event Processing investments from 2020 till 2025.

The Complex Event Processing Market was valued at USD 3.23 billion in 2019 and is expected to reach USD 14.73 billion by 2025, at a CAGR of 28.74% over the forecast period 2020- 2025. With

The Complex Event Processing market is highly competitive and consists of a number of major players: IBM Corporation, SAP SE, Oracle Corporation, Tibco Software Inc., SAS Institute, Inc., Informatica Corporation, Nastel Technologies, Inc., Software AG, Espertech, Inc., Cisco Systems, Inc., Red Lambda Inc.

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Scope of the Report                       

The advantages of CEP approach are distinct, given that these queries are applied on a potentially infinite stream of data. Furthermore, inputs are processed immediately. Once the system processes all events for a matching sequence, results are shown directly. This aspect effectively leads to CEPs real-time analytics capability.

Key Market Trends

BFSI End-user Segment to Grow Significantly

- With globally increasing IT spending towards enterprise software and communication services, which is estimated to be close to 50% of the global IT spending in 2018, CEP solutions gained a lot of attention, especially from BFSI sector for real-time analysis and gathering business intelligence for better decision making.
- Credit card companies use CEP with Big Data Analytics to manage fraud better. When a pattern of fraud incidence emerges, the company can block the credit card quickly before the company can experience significant losses as it deals with the moving flow of data. The underlying system will correlate the incoming transactions, track the stream of event data, and trigger a process.
- Banks and trading companies are highly investing in blockchain technology which is giving rise to the use of CEP systems. CEP systems help in integrating the lifecycle of digital transactions among various business entities, customers, systems, and technologies. With CEP, event handlers need to be configured to listen for changes in the blockchain, or the connected endpoints and then correlate and invoke appropriate CEP rules to either derive an action or alert.
- BFSI sector contributes 40% of the TCS revenue, the rising adoption of technologies like blockchain and Big Data Analytics in the sector is giving rise to the application of CEP systems to formulate the decision making at a real-time basis.

Asia-Pacific to Witness Significant Growth

- Asia-Pacific is one of the fastest developing regions in blockchain technology contributed to over 40% development in the world. The digitalization initiatives by the developing countries like India is driving the digital payments and banks are deploying the blockchain technology; hence, fuels the demand for CEP solution for its efficient integration.
- Growth in the Asia-Pacific is mainly driven by government initiatives and large multi-million dollar technology deals in the banking vertical. Some of the others factors such as growing demand for data storage in small to medium enterprises (SMEs) and increasing proliferation of smartphones, laptops, and tablets in the Asia-Pacific region have augmented the demand machine learning applications in the region.
- Retail and consumer goods companies in the region see the applicability of machine learning (ML) to drive improvements in customer service and operational efficiency. For instance, the Azure cloud is helping retail and consumer brands to improve the shopping experience by ensuring that shelves are stocked and the products are always available when, where and how the consumer wants to shop.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Complex Event Processing Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs

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