Growing demand in enterprise and technological advancement in streaming analytics will help to boost global streaming analytics market in the forecasted period. Streaming Analytics is the capability to continuously calculate statistical analytics while moving within the stream of data. It agrees with observing, management, and real-time analytics of live streaming data. Ease of use, rapid recovery, low price, reference data, and connectivity are the advantage of streaming analytics. It helps the organization in producing more revenue by increasing operational efficiency as well as cutting preventable losses.
According to AMA, the market for Streaming Analytics is expected to register a CAGR of 8.1% during the forecast period to 2026. This growth is primarily driven by Increasing Requirement for Advanced Solutions to Take Real-Time Decisions on Dynamic Business Events and The Growing Demand for Instant Action on Business Events Dynamic In Nature.
Globally, a noticeable market trend is evident Increasing Adoption of Internet of Thing (IoT) Across Vertical
. The IT Consulting & Other Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as IBM (United States), Tibco Software (United States), Oracle (United States), Microsoft Corporation (United States), Arcadia Data (United States), Cazena (United States), Corvil (Ireland), Striim, Inc. (United States), SAP SE (Germany) and Software Ag Incorporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 7th March 2019 TIBCO Software Inc., a global leader in integration, API management, and analytics, has acquired SnappyData. The deal will complement the TIBCO® Connected Intelligence platform with a unified analytics data fabric that enhances analytics, data science, streaming, and data management for various use cases requiring speed, volume, and agility.
On 12th February 2019, IBM has launched a new chapter in the journey from AI experimentation to wide-scale deployment and industry transformation. IBM has made Watson portable across any cloud and empowered businesses to prevent vendor lock-in and start deploying AI wherever their data resides.
- Increasing Requirement for Advanced Solutions to Take Real-Time Decisions on Dynamic Business Events
- The Growing Demand for Instant Action on Business Events Dynamic In Nature
- Increasing Adoption of Internet of Thing (IoT) Across Vertical
- High Demand for Cloud Service Solutions
- Lack of Awareness about Streaming Analytics
- Low Return on Investment
The Growing Need to Deal with Huge Volume of Incoming Data and Technological Advancement Associated with Streaming Analytics
Fueling Data Security and Privacy Concerns
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Streaming Analytics Study Sheds Light on
The Streaming Analytics Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Streaming Analytics industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Streaming Analytics industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.