Global Streaming Analytics Market – Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027

According to the latest report by GMI Research, Streaming Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The global streaming analytics market studies the impact of the COVID-19 pandemic and represents that the market is expected to accelerate in 2021 over 2020 while growing at a significant growth rate from 2022 onwards. Streaming Analytics allows the companies to capture real-time computation on data streaming from any kind of application, sensors, devices, website, video, audio, text, and others. This solution can handle high event throughputs up to 1 GB/sec and minimize the data losses by its in-built properties. It is used to engage customers and in real-time patient monitoring systems.
Competitive Landscape: The global streaming analytics market report also scans the competitive landscape and profiles the major players operating in the market, including Oracle Corporation, SAP SE, Microsoft Corporation, IBM Corporation, Software AG, Informatic Corporation, SAS Institute Inc., Tibco Software Inc., Sqlstream Incorporated, and Impetus Technologies.
The significant factors that are responsible for the expansion in the streaming analytics market size include the strong demand for advanced solutions for capturing real-time events to make real-time decisions, followed by the continuous emergence of technologies such as AI, Big Data and IoT. For example, Oracle acquired Datafox, an AI specialized company that offered an AI-based engine to locate and find the latest information and data.
Additionally, the accelerated volume of data generated due to the rapid digitalization and the accelerating adoption of IoT in all sectors such as manufacturing, IT, Retail, and BFSI, is further energizing the demand of the market in the coming years. On the other hand, the lack of consumer awareness regarding the streaming analytics and data security and the growing privacy concerns related to it will hamper the market growth during the forecast period.
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Market Segments:
Breakup by Component:
  • Software
  • Services
Breakup by Deployment:
  • On-Cloud
  • On-Premise
Breakup by Application:
  • Fraud Detection
  • Sales and Marketing
  • Risk Management
  • Location Intelligence
  • Supply Chain Management
  • Others
Breakup by Verticals:
  • Government and Defense
  • BFSI
  • IT and Telecommunication
  • Retail
  • Manufacturing
  • Transportation and Logistics
  • Others
Breakup by Region:
  • North America
o    United States of America
o    Canada
  • Asia Pacific
o    China
o    Japan
o    India
o    Rest of APAC
  • Europe
o    United Kingdom
o    Germany
o    France
o    Spain
o    Rest of Europe
  • RoW
o    Brazil
o    South Africa
o    Saudi Arabia
o    UAE
o    Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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