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Streaming Analytics Market, Size, Share, Comprehensive Growth 2029

12-09-2022 11:28 AM CET | IT, New Media & Software

Press release from: DataM Intelligence 4Market Research

Streaming Analytics Market - DataM Intelligence

Streaming Analytics Market - DataM Intelligence

Market Overview
The Global Streaming Analytics market is expected to grow at a CAGR of 32% during the forecasting period (2022 - 2029).

The increasing adaptation of new advanced analytics tools for quick and better decision-making by enterprises all around the world will grow the market for Streaming Analytics in the forecast period.

Streaming Analytics is driving insights from the streaming data. Streaming Data is data that is generated continuously by thousands of data sources, which typically send in the data records simultaneously, and in small sizes (order of Kilobytes). Streaming data includes a wide variety of data such as log files generated by customers using your mobile or web applications, e-commerce purchases, in-game player activity, information from social networks, financial trading floors, or geospatial services, and telemetry from connected devices or instrumentation in data centers.

To Download free sample: https://www.datamintelligence.com/download-sample/streaming-analytics-market

Market Dynamics
Global Streaming Analytics is primarily driven by the increased adoption of advanced analytics tools, which helps in taking quick and better business decisions. In today's world of increasing competition in the market, every enterprise wants a competitive edge that is provided by technological advancement, and the rising power of data coupled with the advanced tools of analytics are powering enterprises to have fruitful insights for driving the high growth of the enterprises.

The growth in the use of emerging technologies such as Big data, IoT, and AI. The rising data from various sources such as sensors, social media sites, and others need to be analyzed, so big data gives a platform for performing analytics on large data. With access to the analytics on the real-time data will give management to get real-time insights. For instance, Big data adoption in enterprises soared from 17% in 2015 to 59% in 2018, reaching a Compound Annual Growth Rate (CAGR) of 36% according to the study.

However, due to lack of awareness and Lack of Integrating Legacy Systems with Big Data Solutions are some of the factors that will be hampering the growth of Streaming Analytics in the forecast period.

View Full Report: https://www.datamintelligence.com/research-report/streaming-analytics-market

Market Segmentation:
By Type
• Software
• Service
By Deployment
• On-premise
• Cloud-based
By End-User Industry
• Oil & gas
• Retail
• Healthcare
• BFSI
• Telecommunication
• Transportation & Logistics
• Media & Entertainment

Competitive Landscape
Key players are adopting strategies such as investing in R&D, new product launches, expansion in Technology to stand out as strong competitors in the market. Global Streaming Analytics is a competitive market with the presence of various global and regional players in the market. The major players, IBM, Oracle, Microsoft, SAP, and Software AG. Other key players in the market include SAS, Tibco, Impetus, Striim, WSO2, Informatica, SQLStream, Espertech, Inetco, and Axonize.

In May 2018, Informatica®, the enterprise cloud data management leader, today announced the general availability of the industry's most comprehensive solution for enterprise streaming data management, enabling organizations to harness, ingest, process and act on streaming data in real-time to make timely, data-driven decisions in their operations. Also, to help organizations realize the full potential of real-time analytics, Informatica is offering free technical workshops on best practices for developing and operationalizing analytics projects.

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DataM Intelligence 4market Research LLP
Ground floor, DSL Abacus IT Park,
Industrial Development Area, Uppal,
Hyderabad, Telangana 500039
Website: https://www.datamintelligence.com/

DataM Intelligence 4Market Research is a market intelligence platform that gives access to syndicated, customized reports and consulting to its clients in one place. As a firm with rich experience in research and consulting across multiple domains, we are a one-stop solution that will cater to the needs of clients in key business areas. DataM Intelligence has an online platform whose coverage includes industries such as chemicals and materials, agriculture, health care services, animal feed, and food & beverages, among others. Our platform has Insights on markets that uncover the latest market research data that are distinct from the competition. With coverage across 10 major industries in the marketplace research, DataM Intelligence benefits thousands of companies by helping them take their innovations early to the market by providing a complete view of the market with statistical forecasts. Our strategy-centric framework and value-added services will let individuals and corporates ease access and custom personalization to research and markets.

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