Segmentation | |||||||||||||||||
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Companies Profiled | |
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Key Players | |
Apache Software Foundation (U.S.) | |
Microsoft Corporation (U.S.) | |
Datatorrent (U.S.) | |
SAP SE (Germany) | |
Oracle Corporation (U.S.) | |
Informatica Corporation (U.S.) | |
Software Ag (Germany) | |
Tibco Software (U.S.) | |
Impetus Technologies (U.S.) | |
SQLstream (U.S.) |
Market Driving Forces | |
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Drivers | |
The key drivers contributing to the growth of the managed services are rise in digital information | |
the need to secure it | |
increasing trend of bring your own devices | |
flexibility to match custom requirements | |
continuous upsurge in dependency over heterogeneous networks | |
and persistent rise in the complexity of technological solutions. |
Market Overview:The Streaming Analytics Market is generating a higher market value of USD 54.8 Billion by the end of the year 2030. Further, it has expectations to generate a 27.90% CAGR of market revenue from 2022 to 2030. Regionally, the North American region is predicted to generate the highest Streaming Analytics Market Size for the forecast period due to the adoption of advanced analytics tools by small and big enterprises and the presence of major players in the region. In this region, countries like the US and Canada are contributing large market revenue for the reviewed period. Along with that, the Asia‐Pacific region is predicted to generate the highest CAGR for the reviewed period. This region is boosting up the growth of the Streaming Analytics Market because of the adoption of BI analytics, huge investment in streaming analytical tools for improving business efficiency and productivity, and numerous opportunities in different industry verticals.
The Streaming Analytics Market is classified based on the deployment, organization size, components, application, and vertical. Among these, the service segment is sub-segmented into professional service and managed service. The deployment segmentation includes cloud and on-premise. Among these, the cloud solution is expected to generate the highest market share for the forecast period. It reduces IT infrastructure's cost by focusing on core business competencies. The Streaming Analytics Market is gaining more popularity as it is providing information related to managing and coordinating business activities, offers data integrity, offers data protection and security to enterprises, helps in increasing the overall business productivity, and efficiently manages storage and privacy issues. Further, the increase in digital information, increasing trend of bringing your own devices, the need to secure it, continuous upsurge in dependency over heterogeneous networks, flexibility to match custom requirements, and persistent rise in the complexity of technological solutions are some of the major growth driving factors to the Streaming Analytics Market.
The Streaming Analytics Market report explains that the quality of streaming analytics and services has increased its demand across various regions. The global market has highlighted the COVID-19 analysis to understand the positive and negative impact on the global productivity of the global market. Moreover, the market dynamics, segmental overview, regional analysis, a competitive analysis have been observed to understand the Streaming Analytics Market’s growth and development in the present scenario. Further, the recent developments have been analyzed to understand the growth potentials of the companies in various regions.
Covid-19 Analysis:The ongoing pandemic had a substantial impact on economies and societies as well as the global Streaming Analytics Market and their customer behavior. Due to the social distancing policies and work-from-home in effect, the global market has been hampered by its growth. The global market has lost its investors, productivity, supply chains, and others due to the lockdown across various regions. Moreover, the key players of the Streaming Analytics Market have experienced various challenges due to data infrastructure inflexibility.
Hence, the key players are trying to fight the global pandemic situation by ensuring the privacy and security of data across various networks and keeping their assets online.
Market Dynamics:Market Key DriversThe increase in digital information, increasing trend of bringing your own devices, the need to secure it, continuous upsurge in dependency over heterogeneous networks, flexibility to match custom requirements, and persistent rise in the complexity of technological solutions are some of the major growth driving factors to the Streaming Analytics Market.Hence, key players are giving their strength to uplift the growth of the global Streaming Analytics Market by generating higher market revenue.
Regional Analysis:According to the regional analysis report, the global Streaming Analytics Market has some important regions for its business, such as Asia-Pacific, North America, Europe, South America, and other parts of the world.
The North American region is predicted to generate the highest Streaming Analytics Market Size for the forecast period due to the adoption of advanced analytics tools by small and big enterprises and the presence of major players in the region. In this region, countries like the US and Canada are contributing large market revenue for the reviewed period. Along with that, the Asia‐Pacific region is predicted to generate the highest CAGR for the reviewed period. This region is boosting up the growth of the Streaming Analytics Market because of the adoption of BI analytics, huge investment in streaming analytical tools for improving business efficiency and productivity, and numerous opportunities in different industrial verticals.
Competitive Analysis:The global Streaming Analytics Market has various key players such as:
These key players have their specific identical roles in uplifting the global market. Their collective effort is increasing the global demand for Streaming Analytics.
Recent Developments:In April 2020, novel AI-powered technologies were released by IBM concerning the treatments for COVID-19 and to help the health and research community.In April 2019, the SAP HANA database in the cloud and on-premises had been announced by SAP to offer instant access to critical data.
Report Overview:The Streaming Analytics Market report explains that the quality of streaming analytics and services has increased its demand across various regions. The global market has highlighted the COVID-19 analysis to understand the positive and negative impact on the global productivity of the global market. Moreover, the market dynamics, segmental overview, regional analysis, a competitive analysis have been observed to understand the Streaming Analytics Market’s growth and development in the present scenario. Further, the recent developments have been analyzed to understand the growth potentials of the companies in various regions.
Segmental Table:By Services:
By Organisations Sizes:
By Deployment:
By Application:
By Verticals:
Report Attribute/Metric | Details |
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Market Size | USD 54.8 Billion (2030) |
CAGR | 27.90% (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Component, By Service, By Application |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Apache Software Foundation (U.S.), Microsoft Corporation (U.S.), Datatorrent (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), Informatica Corporation (U.S.), Software Ag (Germany), Tibco Software (U.S.), Impetus Technologies (U.S.), SQLstream (U.S.) |
Key Market Opportunities | Enterprises in the region are investing huge in streaming analytical tools to improve business efficiency and productivity, adoption of BI analytics and numerous opportunities in varied industrial vertical is boosting the market in the region. |
Key Market Drivers | The key drivers contributing to the growth of the managed services are rise in digital information, the need to secure it, increasing trend of bring your own devices, flexibility to match custom requirements, continuous upsurge in dependency over heterogeneous networks, and persistent rise in the complexity of technological solutions. |
The market growth rate between 2022 and 2030 can be 27.90%.
Tibco Software (U.S.), Datatorrent (U.S.), SAP SE (Germany), Informatica Corporation (U.S.), Software Ag (Germany), Apache Software Foundation (U.S.), SQLstream (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Impetus Technologies (U.S.), are the key players in the worldwide market.
The cloud solution has attained the top position in the market, among the deployment-based segments.
The market size by the year 2030 can be approximately USD 54.8 Billion.
The market has been studied with respect to Asia Pacific, Americas, Europe and Rest of the World.