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The global streaming analytics market reached a value of US$ 8.79 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 42.62 Billion by 2027, exhibiting a CAGR of 27.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Streaming analytics helps in processing and analyzing data records, such as telemetry from connected devices, logs files generated by customers using web applications, e-commerce transactions, and information from social networks or geospatial services. It also aids businesses in managing their key performance indicators (KPIs) daily. Besides this, it assists in preventing or reducing security breaches, manufacturing issues, customer churn, stock exchange meltdowns, and social media crises.
There is currently a rise in the adoption of streaming analytics in businesses of different industry verticals, such as retail, media and entertainment, manufacturing, healthcare, and banking, financial services and insurance (BFSI). This, in confluence with rapid digitalization across the globe, represents one of the key factors impelling the growth of the market. Moreover, as businesses can gain a competitive advantage over their competitors by streaming data to identify trends and set benchmarks more rapidly, there is an increase in the usage of streaming analytics worldwide. Apart from this, it is used to tap into streams of global positional system (GPS) data from cars, aggregate data and merge it in real-time with the location information of users. It is also utilized in cybersecurity to automate detection and response to a threat. This, coupled with the increasing number of fraud cases, is catalyzing the demand for streaming analytics solutions around the world. Furthermore, there is an increase in the integration of technologies like the internet of things (IoT), artificial intelligence (AI), and cloud computing in streaming analytics, which is driving the market. Besides this, the rising awareness about the advantages of streaming analytics among small and medium enterprises (SMEs) is projected to fuel the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global streaming analytics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment mode, organization size, application and industry vertical.
Breakup by Component:
Breakup by Deployment Mode:
Breakup by Organization Size:
Breakup by Application:
Breakup by Industry Vertical:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Cloudera Inc., Conviva Inc., Gathr, Google LLC, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Software AG, SQLstream (Guavus Inc.), Striim Inc. and TIBCO Software Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Component, Deployment Mode, Organization Size, Application, Industry Vertical, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Cloudera Inc., Conviva Inc., Gathr, Google LLC, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Software AG, SQLstream (Guavus Inc.), Striim Inc. and TIBCO Software Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global streaming analytics market was valued at US$ 8.79 Billion in 2021.
We expect the global streaming analytics market to exhibit a CAGR of 27.50% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic has led to the increasing deployment of streaming analytics by the media and entertainment industry to design enhanced marketing campaigns for customer retention on numerous OTT applications.
The rising number of fraud cases, along with the growing adoption of streaming analytics in cybersecurity to automate detection and response to a threat, is primarily driving the global streaming analytics market.
Based on the component, the global streaming analytics market has been divided into software and service. Currently, software exhibits a clear dominance in the market.
Based on the deployment type, the global streaming analytics market can be categorized into cloud-based and on-premises, where cloud-based currently accounts for the majority of the total market share.
Based on the organization size, the global streaming analytics market has been segregated into large enterprises and small and medium-sized enterprises. Currently, large enterprises hold the largest market share.
Based on the industry vertical, the global streaming analytics market can be bifurcated into IT and telecom, BFSI, manufacturing, government, retail and e-commerce, media and entertainment, healthcare, energy and utilities, and others. Among these, the IT and telecom industry exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global streaming analytics market include Cloudera Inc., Conviva Inc., Gathr, Google LLC, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Software AG, SQLstream (Guavus Inc.), Striim Inc., and TIBCO Software Inc.
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