Streaming Analytics Market Report, Size, Share, Growth, Trends and Forecast 2027

According to the latest report by IMARC Group, titled "Streaming Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global streaming analytics market reached a value of US$ 8.79 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 42.62 Billion by 2027, exhibiting a CAGR of 27.50% during 2022-2027.

Streaming analytics is the processing and analysis of fast-moving live data from a variety of sources. It is also known as event stream processing, which helps provide updates of events that occur as the result of an action or set of activities, such as a financial transaction or equipment failure. Streaming analytics analyzes data records, including log files generated by customers using web applications, telemetry from connected devices, information from social networks or geospatial services, and e-commerce transactions. It assists in enhancing market competency, reducing and preventing security breaches, and managing issues, stock exchange meltdowns, customer churn, and social media crises.

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Streaming Analytics Market Trends:

Significant growth in the IT and telecommunications industry across the globe is creating a positive outlook for the market. Streaming analytics is widely used due to the growing need to analyze large amounts of operational data, such as customers' location, application usage statistics, and other performance data, to improve service delivery and personalization. Additionally, the widespread adoption of streaming analytics across different industrial verticals due to rapid digitalization is acting as another growth-inducing factor. Apart from this, the integration of the internet of things (IoT), artificial intelligence (AI), and cloud computing in streaming analytics to provide faster insights and action and increase visibility and control are providing an impetus to the market growth. Moreover, the increasing demand for streaming analytics in large enterprises owing to high spending on data analytics tools and massive data generation is positively influencing the market growth. Other factors, including the widespread adoption in the retail sector, the growing prevalence of data breaches and cyber-attacks, and extensive research and development (R&D) activities, are supporting the market growth. 

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List of Key Companies Covered in this Market Report:

Cloudera Inc.
Conviva Inc.
Gathr, Google LLC
International Business Machines Corporation
Microsoft Corporation
Oracle Corporation
SAP SE
SAS Institute Inc.
Software AG
SQLstream (Guavus Inc.)
Striim Inc.
TIBCO Software Inc

Report Segmentation:

The report has segmented the market into the following categories

Breakup by Component:

Software
Service

Breakup by Deployment Mode:

Cloud-based
On-premises

Breakup by Organization Size:

Large Enterprises
Small and Medium-sized Enterprises

Breakup by Application:

Fraud Detection
Predictive Asset Management
Risk Management
Network Management and Optimization
Sales and Marketing
Supply Chain Management
Location Intelligence
Others

Breakup by Industry Vertical:

IT and Telecom
BFSI
Manufacturing
Government
Retail and E-Commerce
Media and Entertainment
Healthcare
Energy and Utilities
Others

Breakup by Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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