Streaming Analytics Market Regions Challenges, Applications, Development History, Drivers, Trends & Forecast to 2025

 Need for Customer Behavior Insights in Real Time amongst Businesses to Propel Adoption of Streaming Analytics

For improved gauge into various activities and online events such as web click, a transaction activity or even unauthorized web activities amounting fraudulent transactions, streaming analytics is emerging as one of the most relevant and fastest growing industries in recent times, finds a new business intelligence report by Adroit Market Research.

Steaming analytics comprises set of dedicated activities that gauge and monitor diverse operational activities simultaneously with the emergence of such event streams, thus ensuring highly decisive analytics output and improved and informed decision making.

The global streaming analytics market size is projected to reach over USD 39 billion by 2025. In addition, it is anticipated to gather a CAGR of over 29% over the forecast years 2018-2025. Streaming analytics is an analytical process that provides insights to companies based on the analysis of real-time events. Unlike other analytics solutions that work on historical data, it leverages a different mechanism called stream processing. The data for streaming analytics typically initiate from mobile devices such as market data, iPads, sensors, mobile phones, Internet of Things (IoT), and others.

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Events such as customer buying preferences, surfing tendencies, probable hiccups such as error messages and the like are assessed extensively to incur logical decision making. Streaming analytics is highly essential for business to deploy preemptive business decisions in a fast-paced data driven ecosystem, wherein data is multiplying exponentially in terms of volume, variation and speed.

Streaming analytics is slated to ensure real-time access to events and their analysis as opposed to analyzing historical data. As industry players across businesses are targeting real time data analyis for multi-functional approach and unfaltering decision making.

Advances in fraud detection, improved pricing strategies, establishing stronger foothold in the market, targeting larger customer conversions and maximum operational efficiencies, streaming analytics market is expected to demonstrate reverberated growth in the foreseeable future. streaming analytics enables on-time analytics of the data and events to support live streaming data interpretation to offset the challenges of data loss and value degradation.

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The major players of the global streaming analytics market are SAP, Microsoft, IBM, SAS, Tibco Software, Informatica, Oracle, Software AG, SQLStream, and Impetus Technologies. Moreover, the other prospective players in the streaming analytics market are Striim, Espertech, Kx Systems, Axonize, and WSO2. The streaming analytics market comprises well established local as well as global players. In addition, the previously recognized market players are coming up with new and advanced strategic services and solutions to stay competitive in the global market.

Key Segments of the Global Streaming Analytics Market

Component Overview, 2018-2025 (USD Billion)

• Software
• Services

• Managed Services
• Professional Services

Application Overview, 2018-2025 (USD Billion)

• Sales and Marketing
• Risk Management
• Supply Chain Management
• Fraud Detection
• Network Optimization & Management
• Others

Industry Vertical Overview, 2018-2025 (USD Billion)

• BFSI
• Healthcare
• IT & Telecom
• Retail
• Manufacturing
• Media and Entertainment
• Others

Regional Overview, 2018-2025 (USD Billion)

North America

• U.S.
• Canad

Europe

• UK
• Germany
• France
• Rest of Europ

Asia Pacific

• China
• Japan
• India
• Rest of Asia-Pacifi

Middle East and Africa

• UAE
• South Africa
• Rest of Middle East and Afric

South America

• Brazil
• Rest of South America

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What does the report include?

• The study on the global streaming analytics market includes qualitative factors such as drivers, restraints, and opportunities
• The study covers the competitive landscape of existing/prospective players in the streaming analytics industry and their strategic initiatives for the product development
• The study covers a qualitative and quantitative analysis of the market segmented based on component, application, and industry vertical. Moreover, the study provides similar information for the key geographies.
• Actual market sizes and forecasts have been provided for all the above-mentioned segments.

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About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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