CHICAGO, Jan. 12, 2022 /PRNewswire/ -- According to a research report "Streaming Analytics Market with COVID-19 Impact Analysis, by Component, Application (Supply Chain Management, Sales & Marketing, and Fraud Detection), Industry Vertical, Deployment Mode, Organization Size, and Region - Global Forecast to 2026", published by MarketsandMarkets, the streaming analytics size is projected to grow from USD 15.4 billion in 2021 to 50.1 USD billion in 2026, at a Compound Annual Growth Rate (CAGR) of 26.5% during the forecast period.
MarketsandMarkets Logo
The Streaming analytics industry is driven increased digitalization and emerging technologies such as big data, IoT, and AI to drive the market growth. However, Strategic shift toward real-time accurate forecasts and rising data connectivity through hybrid and multi-cloud environments further contributes to the growth of the Streaming Analytics Market.
Browse in-depth TOC on "Streaming Analytics Market"
348 Tables 61 Figures 342 Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=64196229
Based on the Component, software segment to account for a larger market size during the forecast period
The Streaming Analytics Market has been segmented by two components: software and services. The deployment of streaming analytics has witnessed an increase in adoption, as serves a variety of purposes, such as fraud detection and risk management. The growing adoption of streaming analytics across all major verticals, such as BFSI, Telecommunication and IT, Retail and eCommerce, Healthcare and Life Sciences, Manufacturing, Government, Energy and Utilities, Transportation and Logistics, Media and Entertainment, Other Verticals (travel & hospitality and education).
Based on deployment mode, cloud segment to grow at a higher CAGR during the forecast period
Cloud computing refers to the storage, management, and processing of data via networks of remote servers, which are typically accessed via the Internet. According to Statista, cloud computing would generate more than USD 300 billion in revenue in 2020 as a component of IT services. At the same time, PwC shows the COVID-19 crisis has accelerated the cloud transition even further as per data during the first quarter of 2020, cloud spending increased by 37% to USD 29 billion. The increasing generation of data leads to various challenges for several organizations. These challenges include storage, privacy, and affordability.
Story continues
Based on application, Location Intelligence segment to hold the largest market size during the forecast period
The Streaming Analytics Market based on application is segmented into Fraud Detection, Sales and Marketing, Predictive Asset Management, Risk Management, Network Management and Optimization, Location Intelligence, Supply Chain Management, Other Applications (product innovation and customer management). Streaming analytics combines geospatial, graph, and business analytics into a single platform purpose-built for performance and scale. GIS creates maps that can be accessed through a mobile app or software service. These maps incorporate imagery, coordinates, and spreadsheets, among other data layers that use spatial location. Streaming analytics can be used to examine the data, which can subsequently be released via an app or other user access point. Location intelligence (LI), which could be defined as the successor to GIS, is being driven in part by advances in streaming analytics. It is a significant advancement over GIS since it supports real-time data streams and large datasets, as well as new methods for evaluating stream data.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=64196229
Based on cloud type, Hybrid Cloud segment to grow at a higher CAGR during the forecast period
A hybrid cloud is a cloud computing environment that is a mix of both public cloud and private cloud. It helps organizations enhance their data centers by deploying data on a multi-cloud platform. Various benefits, such as agility, scalability, and cost optimization features, are boosting the adoption of hybrid cloud analytics solutions in the global cloud analytics market. Enterprises are adopting hybrid cloud as it helps them overcome complexities related to the traditional IT environments.
Based on vertical, the Energy and Utilities segment is expected to grow at a higher CAGR during the forecast period
Streaming analytics are gaining acceptance among all verticals to improve profitability and reduce overall costs. The major verticals adopting streaming analytics software are BFSI, Telecommunication and IT, Retail and eCommerce, Healthcare and Life Sciences, Manufacturing, Government, Energy and Utilities, Transportation and Logistics, Media and Entertainment, Other Verticals (travel & hospitality and education). Energy and utilities, by vertical segment, is expected to grow at a higher CAGR during the forecast period
Based on organization size, SMEs segment to grow at the highest CAGR during the forecast period
The SMEs are organizations with an employee strength of less than 1,000. SMEs are also implementing streaming analytics software that enable better orientation in the complex building providing streaming-based analytics and tracking functionalities. SMEs are also implementing streaming analytics, which enables companies to adopt the analytics of data streaming and sensor data from grids to provide real-time insights on operational performance. The adoption of new technologies tailored to streaming analytics environments has helped companies identify the broad risk areas under various functional units, such as supply chain operations for product delivery.
Speak to Our Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=64196229
North America to hold the largest market size during the forecast period
North America is estimated to account for the largest market share during the forecast period. In North America, sales and marketing and location intelligence are considered highly effective by most organizations and verticals. On the other hand, Europe is gradually incorporating these advanced solutions within its enterprises. APAC is witnessing a substantial rise in the adoption of streaming analytics owing to the increasing digitalization and rising demand for centrally managed systems.
Major Streaming Analytics Market vendors include IBM (US), Google (US), Oracle (US), Microsoft (US), SAS (US), SAP (Germany), Cloudera (US), Teradata (US), TIBCO (US), AWS (US), Software AG (Germany), Informatica (US), Impetus (US), HPE (US), Intel (US), Iguazio (Israel), Conviva (US), Axonize (Israel), Adobe (US), Altair (US), Mphasis (India), Striim (US), INTECO (Canada), WSO2 (US), SQLstream (US), EsperTech (US), Materialize (US), StarTree(US), Crosser (Sweden), Quix (UK), Lenses (UK), BangDB (India), Imply (US), Coralogix (US), Ververica (US), StreamSets (US). These market players have adopted various growth strategies, such as partnerships, collaborations, and new product launches, to expand have been the most adopted strategies by major players from 2019 to 2021, which helped companies innovate their offerings and broaden their customer base.
Browse Adjacent Markets: Analytics Market Research Reports & Consulting
Related Reports:
Video Analytics Market with COVID-19 Impact, by Component, Application (Intrusion Management, Incident Detection, People/Crowd Counting, Traffic Monitoring), Deployment Model (On-premises and Cloud), Type, Vertical, and Region - Global Forecast to 2026
Big Data Market by Component, Deployment Mode, Organization Size, Business Function (Operations, Finance, and Marketing and Sales), Industry Vertical (BFSI, Manufacturing, and Healthcare and Life Sciences), and Region - Global Forecast to 2025
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish MehraMarketsandMarkets INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight/streaming-analytics-market.asp Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/streaming-analytics.asp
Cision
View original content:https://www.prnewswire.com/news-releases/streaming-analytics-market-worth-50-1-billion-by-2026--exclusive-report-by-marketsandmarkets-301459292.html
SOURCE MarketsandMarkets
Go here to read the rest:
Streaming Analytics Market worth $50.1 billion by 2026 - Exclusive Report by MarketsandMarkets - Yahoo Finance
- Setting up a Virtual Server on Ninefold - Video [Last Updated On: February 26th, 2012] [Originally Added On: February 26th, 2012]
- ScaleXtreme Automates Cloud-Based Patch Management For Virtual, Physical Servers [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- Secure Cloud Computing Software manages IT resources. [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- Dell unveils new servers, says not a PC company [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- Wyse to Launch Client Infrastructure Management Software as a Service, Enabling Simple and Secure Management of Any ... [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- As the App Culture Builds, Dell Accelerates its Shift to Services with New Line of Servers, Flash Capabilities [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- Terraria - Cloud In A Ballon - Video [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- Ethernet Alliance Interoperability Demo Showcases High-Speed Cloud Connections [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- RSA and Zscaler Teaming Up to Deliver Trusted Access for Cloud Computing [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- [NEC Report from MWC2012] NEC-Cloud-Marketplace - Video [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- IBM SmartCloud Virtualized Server Recovery - Video [Last Updated On: February 28th, 2012] [Originally Added On: February 28th, 2012]
- BeyondTrust Launches PowerBroker Servers Windows Edition [Last Updated On: February 29th, 2012] [Originally Added On: February 29th, 2012]
- Ericsson joins OpenStack cloud infrastructure community [Last Updated On: February 29th, 2012] [Originally Added On: February 29th, 2012]
- ScaleXtreme Cloud-Based Patch Management Open for New Customers [Last Updated On: March 1st, 2012] [Originally Added On: March 1st, 2012]
- RootAxcess - Getting Started - Video [Last Updated On: March 1st, 2012] [Originally Added On: March 1st, 2012]
- How to Create a Terraria Server 1.1.2 (All Links Provided) - Video [Last Updated On: March 1st, 2012] [Originally Added On: March 1st, 2012]
- Dell #1 in Hyperscale Servers (Steve Cumings) - Video [Last Updated On: March 1st, 2012] [Originally Added On: March 1st, 2012]
- Managing SAP on Power Systems with Cloud technologies delivers superior IT economics - Video [Last Updated On: March 1st, 2012] [Originally Added On: March 1st, 2012]
- AMD Acquires Cloud Server Maker SeaMicro for $334M USD [Last Updated On: March 3rd, 2012] [Originally Added On: March 3rd, 2012]
- Web Host 1&1 Provides More Flexibility with Dynamic Cloud Server [Last Updated On: March 3rd, 2012] [Originally Added On: March 3rd, 2012]
- Leap Day brings down Microsoft's Azure cloud service [Last Updated On: March 3rd, 2012] [Originally Added On: March 3rd, 2012]
- RightMobileApps White Label Program - Video [Last Updated On: March 3rd, 2012] [Originally Added On: March 3rd, 2012]
- bzst server ban #2 - Video [Last Updated On: March 3rd, 2012] [Originally Added On: March 3rd, 2012]
- “Cloud storage served from an array would cost $2 a gigabyte” [Last Updated On: March 6th, 2012] [Originally Added On: March 6th, 2012]
- More Flexibility with the 1&1 Dynamic Cloud Server [Last Updated On: March 6th, 2012] [Originally Added On: March 6th, 2012]
- Hub’s future jobs may be in cloud [Last Updated On: March 6th, 2012] [Originally Added On: March 6th, 2012]
- Cloud computing growing jobs, says Microsoft [Last Updated On: March 6th, 2012] [Originally Added On: March 6th, 2012]
- TurnKey Internet Launches WebMatrix, a New Application in Partnership with Microsoft [Last Updated On: March 6th, 2012] [Originally Added On: March 6th, 2012]
- Cebit 2012: SAP Cloud Computing Strategy - Introduction - Video [Last Updated On: March 6th, 2012] [Originally Added On: March 6th, 2012]
- Dome9 Security Launches Industry's First Free Cloud Security for Unlimited Number of Servers [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- Servers Are Refreshed With Intel's New E5 Chips [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- Samsung's AllShare Play pushes pictures from phone to cloud and TV [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- Google drops the price of Cloud Storage service [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- New Intel Server Technology: Powering the Cloud to Handle 15 Billion Connected Devices [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- Swisscom IT Services Launches Cloud Storage Services Powered by CTERA Networks [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- KineticD Releases Suite of Cloud Backup Offerings for SMBs [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- First Look: Samsung Allshare Play - Video [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- Bill The Server Guy Introduces the New Intel XEON e5-2600 (Romley) Server CPU's - Video [Last Updated On: March 7th, 2012] [Originally Added On: March 7th, 2012]
- New Cisco servers have Intel Xeon E5 inside [Last Updated On: March 8th, 2012] [Originally Added On: March 8th, 2012]
- Cisco rolls out UCS servers with Intel Xeon E5 chips [Last Updated On: March 8th, 2012] [Originally Added On: March 8th, 2012]
- From scooters to servers: The best of Launch, Day One [Last Updated On: March 8th, 2012] [Originally Added On: March 8th, 2012]
- Computer Basics: What is the Cloud? - Video [Last Updated On: March 9th, 2012] [Originally Added On: March 9th, 2012]
- Could the digital 'cloud' crash? [Last Updated On: March 10th, 2012] [Originally Added On: March 10th, 2012]
- Dome9 Security Launches Free Cloud Security For Unlimited Number Of Servers [Last Updated On: March 10th, 2012] [Originally Added On: March 10th, 2012]
- Cloud computing 'made in Germany' stirs debate at CeBIT [Last Updated On: March 11th, 2012] [Originally Added On: March 11th, 2012]
- New Key Technology Simplifies Data Encryption in the Cloud [Last Updated On: March 11th, 2012] [Originally Added On: March 11th, 2012]
- Can a private cloud drive energy efficiency in datacentres? [Last Updated On: March 12th, 2012] [Originally Added On: March 12th, 2012]
- Porticor's new key technology simplifies data encryption in the cloud [Last Updated On: March 12th, 2012] [Originally Added On: March 12th, 2012]
- Borders + Gratehouse Adds Three New Clients in Cloud Sector [Last Updated On: March 12th, 2012] [Originally Added On: March 12th, 2012]
- Dell to invest $700 mn in R&D, unveils 12G servers [Last Updated On: March 13th, 2012] [Originally Added On: March 13th, 2012]
- Defiant Kaleidescape To Keep Shipping Movie Servers [Last Updated On: March 13th, 2012] [Originally Added On: March 13th, 2012]
- Data Centre Transformation Master Class 3: Cloud Architecture - Video [Last Updated On: March 13th, 2012] [Originally Added On: March 13th, 2012]
- DotNetNuke Tutorial - Great hosting tool - PowerDNN Control Suite - part 1/3 - Video #310 - Video [Last Updated On: March 13th, 2012] [Originally Added On: March 13th, 2012]
- Cloud Computing - 28/02/12 - Video [Last Updated On: March 13th, 2012] [Originally Added On: March 13th, 2012]
- SYS-CON.tv @ 9th Cloud Expo | Nand Mulchandani, CEO and Co-Founder of ScaleXtreme - Video [Last Updated On: March 13th, 2012] [Originally Added On: March 13th, 2012]
- Oni Launches New Cloud Services for Enterprises Using CA Technologies Cloud Platform [Last Updated On: March 14th, 2012] [Originally Added On: March 14th, 2012]
- SmartStyle Advanced Technology - Video [Last Updated On: March 14th, 2012] [Originally Added On: March 14th, 2012]
- SmartStyle Infrastructure - Video [Last Updated On: March 14th, 2012] [Originally Added On: March 14th, 2012]
- The Hidden Risk of a Meltdown in the Cloud [Last Updated On: March 14th, 2012] [Originally Added On: March 14th, 2012]
- FireHost Launches Secure Cloud Data Center in Phoenix, Arizona [Last Updated On: March 14th, 2012] [Originally Added On: March 14th, 2012]
- Panda Security Launches New Channel Partner Recruitment Campaign: "Security to the Power of the Cloud" [Last Updated On: March 14th, 2012] [Originally Added On: March 14th, 2012]
- NetSTAR, Inc. Announces Safe and Secure Web Browsers for iPhones, iPads, and Android Devices [Last Updated On: March 14th, 2012] [Originally Added On: March 14th, 2012]
- Amazon Cloud Powered by 'Almost 500,000 Servers' [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- NetSTAR Announces Secure Web Browsers For iPhones, iPads, And Android Devices [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- Be Prepared For When the Cloud Really Fails [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- Dr. Cloud explains dinCloud's hosted virtual server solution - Video [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- New estimate pegs Amazon's cloud at nearly half a million servers [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- Amazon’s Web Services Uses 450K Servers [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- Saving File On Internet - Cloud Computing - Video [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- DotNetNuke Tutorial - Great hosting tool - PowerDNN Control Suite - part 2/3 - Video #311 - Video [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- Linux servers keep growing, Windows & Unix keep shrinking [Last Updated On: March 15th, 2012] [Originally Added On: March 15th, 2012]
- Cloud Desktop from Compute Blocks - Video [Last Updated On: March 16th, 2012] [Originally Added On: March 16th, 2012]
- Amazon EC2 cloud is made up of almost half-a-million Linux servers [Last Updated On: March 17th, 2012] [Originally Added On: March 17th, 2012]
- HP trots out new line of “self-sufficient” servers [Last Updated On: March 17th, 2012] [Originally Added On: March 17th, 2012]
- Cloud Web Hosting Reviews - Australian Cloud Hosting Providers - Video [Last Updated On: March 17th, 2012] [Originally Added On: March 17th, 2012]
- Using Porticor to protect data in a snapshot scenario in AWS - Video [Last Updated On: March 17th, 2012] [Originally Added On: March 17th, 2012]
- CDW - Charles Barkley - New Office - Video [Last Updated On: March 17th, 2012] [Originally Added On: March 17th, 2012]
- Nearly a Half Million Servers May Power Amazon Cloud [Last Updated On: March 17th, 2012] [Originally Added On: March 17th, 2012]
- Morphlabs CEO Winston Damarillo talks about their mCloud Rack - Video [Last Updated On: March 20th, 2012] [Originally Added On: March 20th, 2012]
- AMD reaches for the cloud with new server chips [Last Updated On: March 20th, 2012] [Originally Added On: March 20th, 2012]