Streaming Analytics Market - Opportunities & Forecast, 2020-2027
Streaming Analytics is allowing the organization to capture real-time computation on data streaming from any kind of device, sensors, application, website, audio, video, text, and others. Organizations are producing a multitude amount of data constantly, so to detect fraud detection in real-time and improve operational efficiency, streaming analytics is used. Streaming analytics can handle high event throughputs up to 1 GB/sec and can prevent data loss through in-built features. Streaming Analytics is also used to engage customer, algorithm trading, real-time patient monitoring systems, network monitoring, intelligence, and surveillance, etc.
For Additional Insights, Click to Access Complete Report -https://www.gmiresearch.com/report/global-streaming-analytics-market/
Increasing demand of advance solution for capturing real-time events in order to make real-time decisions, growing emerging technologies such as AI, Big Data and IoT are the major factors to drive the market growth during the forecast period. For instance, Oracle acquired Datafox, an AI specialized company that offered an AI-based engine to locate and find the latest information. In addition, digitalization has increased the data generation volume which increases the fraud crimes and growing adoption of IoT in all sectors such as manufacturing, IT, Retail, BFSI, etc. which also increases the demand for streaming analytics. For instance, according to the National Retail Federation, an organized retail crime costs retailer around $777,877 per $1billion dollar in sales. However, lack of awareness about streaming analytics and data security and privacy concern hampering the market growth during the forecast period.
Request for Sample Report- https://www.gmiresearch.com/report/global-streaming-analytics-market/sample-request
Various notable players in the market includes IBM Corporation, SAP SE, Microsoft Corporation, Oracle Corporation, Tibco Software Inc., Software AG, Informatic Corporation, SAS Institute Inc., Sqlstream Incorporated, Impetus Technologies and among others. Major players are focussing on product launch, acquisition, collaboration to expand their global reach and become a market competitive. For instance, In Oct 2018, Microsoft Corporation has signed a partnership with Qualcomm technologies to develop AI software for retail, manufacturing, logistics etc.
Request for Customization –https://www.gmiresearch.com/report/global-streaming-analytics-market/request-for-customization
The Global Streaming Analytics market has been segmented by component, deployment, application, verticals and key geographies. Based on component, the market comprises of software and services. Based on deployment, the market is segmented into on-cloud and on-premises. Based on application, Fraud Detection, Sales and Marketing, Risk Management, Location Intelligence, Supply Chain Management and others. On the basis of verticals, market is segment into Government and Defense, BFSI, IT and Telecommunication, Retail, Manufacturing, transportation and Logistics, and others.
Key questions answered in this research report:
- At what pace is global Streaming Analytics market growing? What will be growth trend in future?
- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Streaming Analytics market?
- What are the various application areas and how they are poised to grow?
About GMI Research
GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition. GMI Research’s leadership team with extensive experience in research and consulting together with our research and domain expertise creates a strong value proposition to create solutions that addresses our client’s business problems and add significant value to long lasting relationship.
The company provides syndicated research report, customized research, sales enablement research, data analytics and KPO (knowledge process outsourcing) service for Electronics & Semiconductors, Information Communication and Technology, Energy & Power, Healthcare, Automotive, Transportation & Logistics and Chemical industries. Our analysts and consultants who are passionate about research and consulting are recruited from renowned local and global universities and have worked with the leading local and international organizations.