Event Stream Processing Industry Scenario:
The COVID-19 pandemic disruption is estimated to transform the Event Stream Processing Industry in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the Event Stream Processing Industry meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.
The Event Stream Processing Industry 2020 had raked in considerable revenues of USD 612.7 million in 2020 and can touch a valuation of USD 1,663.0 million by 2027, estimate the experts at Market Research Future (MRFR). MRFR also projects the market to advance at a rate of 22.1% over the forecast period (2020 to 2027).
The global Event Stream Processing Industry is witnessing brisk growth on the back of increasing adoption of the Internet of Things (IoT), leading to a surge in the proliferation of smart devices that need to monitor massive volumes of data from different sources to provide insights. While conventional analytics process the data after it is stored, event stream processing directly deals with the data, right when they occur. This facilitates quicker reaction time and it owing to these unique perceived advantages that the demand for event stream processing has soared considerably in the global market.
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Competitive Outlook:
Leading contenders in the global market for event stream processing include Informatica LLC (US), Streamlio, Inc. (US), Google LLC (US), SQLstream, Inc. (US), IBM Corporation (US), Salesforce.com, inc. (US), Software AG (Germany), Oracle Corporation (US), SAP SE (Germany), SAS Institute (US), Microsoft Corporation (US), FICO (US), Striim, Inc. (US), TIBCO Software Inc. (US), Hitachi Vantara Corporation (US), and more.
Segmentation:
- The event stream processing industry has been segmented considering component, deployment mode, application and industry vertical.
- The components analyzed in the report are platform, services and software. The services available in the market are professional as well as managed.
- With respect to the deployment mode, the market segments are cloud and on-premises.
- Application-dependent market segmentation comprises predictive maintenance, network monitoring, fraud detection, algorithmic trading, sales & marketing, and others.
- The industry verticals that are deploying event stream processing are Transportation & Logistics, energy & utilities, BFSI, manufacturing, IT & Telecom, retail & eCommerce, and others. The BFSI vertical can take the lead in the market, since several financial institutions as well as banks largely focus on gaining insights from a voluminous pool of data that is generated from numerous transactions. This calls for the deployment of event stream processing in the BFSI sector.
Regional Analysis:
The Event Stream Processing Industry can be geographically categorized as South America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and North America.
MRFR expects North America to secure the top position in the global market, with Canada, Mexico and the US standing at the vanguard of the business growth. The regional dominance at a global level is on account of the fast uptake of advanced technologies combined with the presence of a massive number of well-established players. These regional players are spending considerably on the development of cutting-edge products that can not only attract more end-users but also establish their position further in the market.
During the review period, APAC is anticipated to acquire the fastest growth rate in the global market, thanks to the rising number of banking enterprises along with the expanding telecom sector. Increasing number of initiatives by the government promoting the adoption of event stream processing solutions can also foster the market growth in the region. Surge in technological developments and innovations, rapidly increasing use of Internet of Things (IoT) as well as connected devices also promote market growth in developing countries like India and China.
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Table of Contents:
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
2.4 Key Buying Criteria
2.5 Macro Factor Indicator Analysis
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions
4 Market Insights
Continued….
About Market Research Future:
Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.
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Market Research Future (MRFR) has recently published a report stating that the global streaming analytics market is marked to expand at a remarkable CAGR of 33% during the forecast period of 2017-2023 and reach the valuation of USD 16 Bn by the end of 2023.Market Drivers and Restraints:Rising demand for real-time data analytics and enhanced customer engagement is inducing high demand for data analytics solution, resulting in the significant expansion of the global streaming analytics market.
The widespread application of streaming analytics in algorithmic trading, supply chain optimization, intelligence and surveillance, real-time patient monitoring system and others are aiding the growth of the global streaming analytics market.
However, concerns regarding data security and privacy and low return on investment are some of the factors that are restraining the growth of the global streaming analytics market during the forecast period.Market Segmentation:The global streaming analytics market has been segmented on the basis of component, application, deployment, organization size and vertical.
The services segment in sub-segmented into professional services and managed services.
Based on application, the streaming analytics market has been segmented into fraud detection, sales and marketing management, predictive asset management, risk management, network management and optimization, location intelligence, operations management and others.
Based on organization size, the streaming analytics market has been segmented into government and defense, BSFI, IT and telecommunication, healthcare, retail, education, energy and utilities and othersRegional Analysis:Geographically, the global streaming analytics market has been segmented into four major regions such as Europe, North America, Asia Pacific, and the rest of the world.
Overview:The global market review on the Event Stream Processing Market reveals a possibility of scaling up to USD 1,663 million valuation by 2023, with a 22% CAGR during the forecast period of 2018 to 2023.
Market Research Future (MRFR), in its attempts to understand the market growth, revealed various factors like the introduction of IoT, demand for better distribution of workflow, need of it in the formation of IT structure to understand various drawbacks and build a proper structure, and others that can bolster the market growth during the forecast period.
Such a segmentation includes a proper review of data that can help in tracking trends to boost the market outcome.
By service, the event stream processing market includes a discussion of professional and managed services.
By application, the understanding of the event stream processing market includes predictive maintenance, fraud detection, algorithmic trading, network monitoring, sales & marketing, and others.By industry vertical, the review of the event stream processing market includes energy & utilities, BFSI, Transportation & Logistics, manufacturing, rIT & Telecom, retail & eCommerce, and others.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/7491Regional Analysis: North America and Europe are going to witness a substantial hike in the market valuation as the BFSi sector would create a huge demand for the same.
The global wireless display market is gearing significant traction.
Besides, substantial R investments into the development of connectivity solutions drive the growth of the market.
Moreover, the rising adoption of wireless displays across commercial applications, including corporate & broadcast, digital signage, government, healthcare, and education, escalate market growth.
As technologies mature, they influence market trends and market opportunities.Growing uptake of BYOD (bring your own device) policy in the offices along with the augmenting demand for mobile wireless display fuel the market growth.
Furthermore, the increasing adoption of on-demand entertainment influences market growth.Global Wireless Display Market – Competitive Analysis Highly competitive, the global wireless display market appears fragmented due to the presence of many well-established players.
Major Players: Players leading the wireless display market are Amazon.com, Inc. (US), Google, Inc. (US), Apple Inc. (US), Roku, Inc. (US), Microsoft Corporation (US), Lattice Semiconductor (US), Cavium, Inc. (US), NETGEAR Inc. (US), Belkin International, Inc. (US), and Actiontec Electronics, Inc. (US), among others.
Market SynopsisAs per an evaluation performed by Market Research Future Reports (MRFR), the global mobile user interface design services market 2020 is likely to be driven by the companies that are making massive investments in advancing techniques for giving an improved experience of the mobile user interface.
Moreover, the technological improvement and the growing adoption of mobile applications are estimated to be the most significant factor driving the expansion of mobile user interface services market 2020.
However, the dearth of awareness about the ROI on mobile user interface services can be considered as an impeding factor for the growth of the mobile user interface services market in the forthcoming period.
Several regions have been affected adversely due to the spread of coronavirus.
Thorough impact analysis of the market has been performed.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1093Regional Analysis The global mobile user interface services market can be classified on the basis of UI hardware, industry vertical, interface type, platform, application, and region.
