Global Streaming Analytics Market Overview:
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. Some of the key players profiled in the study are 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). According to Market Analyst at AMA, the Global Streaming Analytics market may see a growth rate of 8.1%
On the basis of geography, the market of Streaming Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. On Cloud will boost the Streaming Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Small-Medium Enterprises (SMEs) will boost the Streaming Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Telecommunication & IT will boost the Streaming Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- 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
- Technological Advancement Associated with Streaming Analytics
- Fueling Data Security and Privacy Concerns
Major Market Developments:
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.
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Software Developers, Venture Capitalists, Research and Consulting Firms, Clinical Diagnostic Laboratories, Government Bodies, Government and Private Research Center and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Streaming Analytics market on the basis of product [Software and Service [Managed Services and Professional Services]] , application [Fraud Detection, Predictive Asset Maintenance, Network Management and Optimization, Operations Management, Sales and Marketing Management, Risk Management, Location Intelligence and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Streaming Analytics market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Streaming Analytics industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Impetus Technologies Incorporation (United States) and Apache Software Foundation (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Streaming Analytics market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.