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The global streaming analytics market size was valued at $7,740.0 million in 2019, and is projected to reach at $52,190.0 million by 2027, growing at a CAGR of 26.8% from 2020 to 2027.
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Streaming Analytics Market GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST 2019- 2027 KNOW MORE
CURRENT AND FUTURE MARKET SCENARIO • The global streaming analytics market size was valued at $7,740.0 million in 2019. • The global smart stadium market forecast is projected to reach $52,190.0 million by 2027. • The global smart stadium marketregistering a CAGR of 26.8% from 2020 to 2027. • Depending on industry vertical, the BFSI generated the highest revenue in 2019. However, the media and entertainment is expected to witness highest growth rate in the near future. • Based on application, the fraud detection segment generated the highest revenue in 2019. However, the location intelligence is expected to witness highest growth rate in the near future.
FACTORS CONTRIBUTING TO MARKET GROWTH • Growing adoption of streaming analytics for real-time accurate forecast • Growing adoption of advanced technologies such as big data, IoT, AI • Growing Industrial Automation • Growing adoption of cloud-based streaming analytics software For more detail: Click Here
Streaming Analytics Market Segmentation • By Component • Software • Services • By Organization Size • Large Enterprises • Small & Medium sized Enterprises • By Industry Vertical • BFSI • IT and Telecom • Manufacturing • Government • Retail and E-Commerce • Media and Entertainment • Healthcare • Energy and Utilities • Others • By Application • Fraud Detection • Predictive Asset Management • Risk Management • Network Management and Optimization • Sales and Marketing • Supply Chain Management • Location Intelligence • Others
By component, in 2019 the software segment dominated the streaming analytics market size.However, the services segment is expected to exhibit significant growth during the forecast period. On the basis of deployment model, the cloud segment accounted for the highest revenue in 2019 and is expected to witness highest growth in the upcoming years.
GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • Asia-Pacific is expected to witness significant growth in the upcoming years. • The streaming analytics market was dominated by North America region.
LEADING MARKET PLAYERS • IBM Corporation • Oracle Corporation • Microsoft Corporation • SAP SE • Software AG • SAS Institute Inc. • TIBCO Software Inc. • Amazon Web Services • SQLstream, Inc. • Impetus Technologies, Inc.
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