The global streaming analytics market size is expected to reach USD 35,986.4 million by 2025, registering a CAGR of 28.9% from 2019 to 2025. The market has showcased a growing demand for streaming solutions from both large and medium-sized companies. The demand is factored in due to the ability of the market solutions to offer users insights into real-time data visualization and active monitoring of key performance indicators.
The Covid-19 pandemic expedited digital transformation by distilling the digitization as many companies are presently grappling with diverse data types, workloads, economic scaling, and address the intensifying cloud complexity. In April 2021, Amazon WorkSpaces was made available in the Asia Pacific region with the new cloud-native streaming protocol or WorkSpaces Streaming Protocol (WSP).
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Streaming Analytics Market Report Highlights
• analytics software by prominent Multinational Companies (MNCs) and Small and Medium Enterprises (SMEs) in Europe, North America, and the Asia Pacific regions
•Based on deployment, the cloud segment accounted for the highest revenue share in 2018 as the Software-as-a-Service (SaaS) model provides low-latency data transformation capability, allowing customers to opt for a subscription-based service model
•Based on application, the marketing & sales segment lead the market in 2018 and can be attributed to the usage of streaming analytics solutions to deliver customer profiling, monitoring, demographic analysis, and campaign management
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Streaming Analytics Market Segmentation
Grand View Research has segmented the global streaming analytics market on the basis of component, deployment, application, end use, and region:
Streaming Analytics Component Outlook (Revenue, USD Million, 2015 – 2025)
• Professional Services
• Managed Services
Streaming Analytics Deployment Outlook (Revenue, USD Million, 2015 – 2025)
Streaming Analytics Application Outlook (Revenue, USD Million, 2015 – 2025)
• Fraud Detection
• Marketing & Sales
• Risk Management
• Predictive Asset Management
• Network Management & Optimization
• Location Intelligence
• Supply Chain Management
Streaming Analytics End Use Outlook (Revenue, USD Million, 2015 – 2025)
• IT & Telecom
• Media & Entertainment
Streaming Analytics Regional Outlook (Revenue, USD Million, 2015 – 2025)
• North America
• The U.S.
• The U.K.
• Asia Pacific
• Latin America
• Middle East & Africa
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