The projected CAGR for the global streaming analytics market is 20.8%, rising from $13.1 billion in 2022 to $86.5 billion in 2032. The market for streaming analytics accounts for close to 40% of the global data analytics market.
The widespread adoption of industrial 4.0 techniques has resulted in enormous amounts of data being generated, which is also anticipated to increase the potential for real-time analytics adoption during the course of the projected timeframe.
Businesses are using streaming analytics technologies to increase customer interaction and create new business channels. Consequently, stream analytics are becoming more and more common in industries including BFSI, supply chain management, and marketing & advertising. This will likely have a positive impact on the market for streaming analytics.
Businesses are beginning to focus more intently on gathering data on streaming events. Rapid response to events encourages operational responsiveness and organizational effectiveness. Businesses that use streaming analytics software can apply important context to events as they happen.
Supercharge Your Knowledge: Dive into the Booming Streaming Analytics Market with Our Sample Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-856
Implementing streaming analytics will improve operational effectiveness, reduce infrastructure costs, and speed up the delivery of information and results. Organizations of all sizes can access data streaming through apps, social media, sensors, gadgets, websites, and other sources. Real-time analysis can provide essential, useful insights in a range of operational and functional domains, as opposed to storing and analyzing data later.
“Increasing preference for service automation across industries such as healthcare and BFSI, along with increasing adoption of cloud-based streaming analytics, will augment the growth in the market over the forecast period,” claims an analyst with FMI.
Key Takeaways
- By solution, the streaming analytics platform has a leading share in the global demand for the streaming analytics market during the forecast period. In addition, this segment will register at a CAGR of 22.5% through the forecast period.
- Cloud-based streaming analytics platform will hold the largest market share of 53.4% in 2022 followed by hybrid streaming analytics platform.
- Among the services, managed service is estimated to grow by 2.9X during the forecast period. In addition to this, this segment will hold the largest market share by 2032.
- By application, the advertising & marketing segment will hold the highest market share in 2022, but supply chain management is estimated to grow at the highest CAGR from 2022 to 2032.
- By industry, the IT & telecom industry segment is expected to grow at the highest CAGR of 25.8% from 2022 to 2032, followed by the retail & e-commerce industry.
- North America is anticipated to lead the streaming analytics market followed by Europe in 2022. Whereas South Asia & Pacific is estimated to be the fastest-growing region during the forecast period.
The streaming analytics market in East Asia is estimated to witness an absolute $ opportunity of US $ 12,612.7 Million in the forecast period.
Ask an Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-856
Streaming Analytics Market Outlook by Category
By Solution:
- Streaming Analytics Platform
- Cloud-based
- On-Premises
- Hybrid
- Services
- Managed Services
- Professional Services
- Consulting Services
- Integration & Implementation
- Support & Maintenance
By Application:
- Advertising & Marketing
- Financial Analytics
- Supply Chain Management
- Demographic Location Intelligence
- Fraud Intelligence
- Customer Experience Monitoring
- Others
By Enterprise Size:
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Industry:
- IT & Telecom
- Media and Entertainment
- Retail & E-commerce
- Manufacturing
- Banking, Financial Services, and Insurance (BFSI)
- Healthcare
- Government
- Education
- Other
Your Market, Your Insights: Request Customizations to Optimize Your Streaming Analytics Market Approach @
https://www.futuremarketinsights.com/customization-available/rep-gb-856
About Us
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
