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Complex event processing Market - Trends, Share and Growth & Forecast upto 2025

11-07-2017 06:50 AM CET | IT, New Media & Software

Press release from: TMR Research

Complex event processing Market - Trends, Share and Growth &

Global Complex Event Processing Market: Synopsis

Complex event processing is an emerging network technology that involves a method of combining data from multiple sources in order to infer patterns that suggest complicated circumstances. Complex event processing provides organizations the ability to deal with threats, opportunities, exceptional condition and situations, define, predict, and manage events. The process of analyzing data takes large amount of time. With the growing need of high speed and responsive technology complex event processing technology has evolved to its best form.

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Global Complex Event Processing Market:

The major driving factor of this market involves the need for customer oriented analytical tools and ease of deployment. In addition, industries such as telecommunication, finance, healthcare, and banking deal with real time consumer transaction and data, hence there is growing demand for event monitoring to maintain the organizational process. These industries follow standards such as HIPPA, BASEL III, and FISMA. Usage of complex event processing technology can help organizations predict and monitor risk in advance thereby removing inconsistency and ensuring smoothness of business process. The major restrain of this market is that development of underlying complex event processing technology is time consuming. However, some complex event processing technologies are deployed on cloud which is free of cost. Due to the cost effectiveness of complex event processing technology government, defense, and aerospace are expected to use this technology in near future.

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Global Complex Event Processing Market:

Based on type, complex event processing market is segmented into operation oriented, detection oriented, and hybrid. North America is expected to be largest market for Complex event processing technology followed by Europe and Asia Pacific.

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Global Complex Event Processing Market: Key Players

The prominent players in the complex event processing market include Nastel Technologies, Lockheed Martin, Fujitsu, Cisco, Informatica, Microsoft, IBM, Redhat, Oracle, Radware, Software AG, Tibco, SI Corporation, and Vitria Technologies.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

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