Streaming Analytics Market: Industry Overview (2024-2030) by Component, Organization Size, Application Type, Vertical and, Region

Streaming Analytics Market size was valued at US$ 30.65 Billion in 2023 and the total Streaming Analytics revenue is expected to grow at 25.8% through 2024 to 2030, reaching nearly US$ 152.86 Billion.

Format : PDF | Report ID : SMR_328

Streaming Analytics Market Overview:

User-generated information has become the standard in the age of the Internet World. Individuals, corporations, governments, and research organizations have been producing massive volumes of data, which has resulted in a trend known as the data flood. Numerous online social networking services have between 100 and 600 million subscribers for personal social media. Facebook's friendship edges are believed to number around 200 billion. The flood of user-generated material, such as consumer shopping evaluations, online news, private dialogues, web searches, and so on, has necessitated the study and building of a new age of analytics techniques and tools to handle it efficiently, ideally in real-time.

Conventional analytics are supplemented with streaming analytics, which provides actual insight into the proposal toolkit. It's also known as incident stream processing, and it's a technology that autonomously integrates and analyses enormous amounts of real-time data and data in action called activity streams. Actions that occur as a result of an activity or collection of activities, such as an equipment malfunction, banking transactions, or other acts, are included in the streams. In proper maintenance, commerce intelligent transportation, factory automation, and medical, streaming analytics is producing considerable economic value.

The market's growth drivers, as well as the market's segments (Component, Organization Size, Application Type, Vertical and, Region), are analyzed in this research. Market participants, regions, and special requirements have all provided data. This market study provides an in-depth look at all of the important advancements that are currently taking place across all industry sectors. Statistics, infographics, and presentations are used to provide key data analysis. The analysis looks at the market's Drivers, Restraints, Opportunities, and Challenges for the Streaming Analytics market. The study aids in the evaluation of market growth drivers and the determination of how to employ these drivers as a tool. The research also aids in the correction and resolution of difficulties with the global streaming analytics market.

Streaming Analytics Market

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Streaming Analytics Market Dynamics:

Demand in the streaming analytics market is projected to be driven by greater digitization and rising usage of internet of things services across industrial verticals. Large businesses and SMEs are rapidly incorporating digital technologies into their operations to improve productivity while simplifying the many procedures involved and raising overall efficiency. Continuous advancements in developing technologies e.g. artificial intelligence, the Internet of Things, cloud computing, M2M communication have opened up new avenues for the examination of data obtained from data streams.

Companies must manage rising amounts and types of data effectively, which is a costly process, due to competing demands and new policies. As a result, when using streaming analytics, storing, analyzing, and obtaining data has become a major issue for businesses. Because the growing need for big data outstrips the shortcomings of conventional relational databases, analyzing old infrastructure and evaluating new technologies has become a must for most enterprises, not only to gain a competitive edge but also to ensure compliance. Traditional architecture and big data integration are difficult for businesses. The challenge for streaming analytics market is to integrate old infrastructures with big data effectively.

Businesses are starting to look at acquiring data regarding streaming events more closely. Operational responsiveness and organizational performance are improved by being able to act as soon as incidents happen. The ability to provide extensive context to events as they happen is enabled by integrating enterprises with streaming analytics tools. Streaming analytics may help increase productivity gains, save operational expenses, and give quicker findings and solutions.

Streaming Analytics Market Segment Analysis:

By Organization Size, the Large Enterprises segment dominated the streaming analytics market in 2023 with nearly 48.6% of total shares. It is expected to grow at the CAGR of 8.3% in the aforementioned forecast period. Owing to the high rise in usage of the cloud, major companies are increasingly adopting streaming analytics software products, and this trend is projected to continue over the projection period. Large corporations amass massive amounts of data that may be traced back to a diverse customer base. Data plays a critical role in reviewing the entire performance of multinational corporations. Large corporations are relying on authentic information from a variety of sources, such as newsfeeds, monitoring devices, and cameras. Each record must be handled in a way that retains its relationship to other information.

Merchandise reordering periods, scarcity forecasts, delivery satisfaction, monitoring customer interactions, and company trends for tailored discounts for clients, spatially targeted mobile marketing, and other data streams are all available to retailers. To a considerable extent, large enterprise retailers are employing streaming analytics to avoid and forecast supply chain transparency, one-to-one marketing, and frauds.

Streaming Analytics Market Regional Insights:

Given the rising use of communications technology among consumers and companies, APAC is the quickest growing region in the streaming analytics market. Top companies in the region's streaming analytics market are focusing on innovation and research efforts to spend more and develop their modern data streaming techniques, all of which are supporting the continent's streaming analytics market growth.

The trend in this area is being driven by rising recognition of streaming analytics among small and medium-sized enterprises, which provide considerably to industrial prosperity with a proportion of GDP ranging from 21.5% to 45.5% in the bulk of Asia-Pacific countries, as well as the necessity for information services in the region.

The purpose of this research is to provide stakeholders in the industry with a thorough insight into the Streaming Analytics Market. The study includes an analysis of difficult data in simple language, as well as the industry's historical and current state, as well as anticipated market size and trends. The market report examines all segments of the industry, with a focus on significant players such as market leaders, followers, and new entrants. The report includes a PORTER, PESTEL analysis as well as the possible influence of microeconomic market determinants. External and internal elements that are expected to have a favorable or negative impact on the firm have been examined, providing decision-makers with a clear future vision of the industry. The research also aids in comprehending the Streaming Analytics Market dynamics and structure by studying market segments and forecasting market size. The research is an investor's guide since it depicts the competitive analysis of major competitors in the market by product, price, financial situation, product portfolio, growth plans, and geographical presence.

Breakthroughs in the Streaming Analytics industry are discussed, as well as organic and inorganic growth plans. Various companies are focusing on organic growth strategies such as new product releases, product approvals, and other items such as patents and events. Inorganic growth strategies used in the industry included acquisitions, partnerships, and collaborations.

Streaming Analytics Market Scope:

Streaming Analytics Market
Market Size in 2023	USD 30.65 Bn.
Market Size in 2030	USD 152.86 Bn.
CAGR (2024-2030)	25.8%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	by Component Software Services
	by Organization Size Small and Medium-Sized Enterprises Large Enterprises
	by Application Type Fraud Detection Sales and Marketing Predictive Asset Management Risk Management Network Management and Optimization Location Intelligence Supply Chain Management Other
	by Vertical BFSI Telecommunication and IT Retail and eCommerce Healthcare and Life Sciences Manufacturing Government Energy and Utilities Transportation and Logistics Media and Entertainment Other
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

Streaming Analytics Market Players:

IBM(US)
Google(US)
Oracle(US)
Microsoft(US)
BangDB(India)
SAP(Germany)
Cloudera (US)
Teradata(US)
Mphasis (India)
Iguazio (Israel)
Crosser (Sweden)
Software AG (Germany)
Informatica (US)
Lenses(UK)

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Frequently Asked Questions

What is the CAGR of the Streaming Analytics Market in the forecast period (2024-2030)?

Streaming Analytics revenue is expected to grow at 25.8% from 2024 to 2030.

What are the drivers of the Streaming Analytics Market?

The need for streaming analytics is p.rojected to be driven by greater digitization and rising usage of internet of things services across industrial verticals

Who are the key players in the Streaming Analytics Market?

The key players are Google, Oracle, etc.

Which segment has lucrative growth opportunities in the Streaming Analytics Market?

The Large Enterprises segment is expected to grow at the CAGR of 8.3% in the forecast period.

1.   Research Methodology
1.1   Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2.   Streaming Analytics Market Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3.   Global Streaming Analytics Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1.   Company Name
3.2.2.   Headquarter
3.2.3.   Business Segment
3.2.4.   End-user Segment
3.2.5.   Y-O-Y%
3.2.6.   Revenue (2023)
3.2.7.   Profit Margin
3.2.8.   Market Share
3.2.9.   Company Locations
3.3. Market Structure
3.3.1.   Market Leaders
3.3.2.   Market Followers
3.3.3.   Emerging Players
3.4. Consolidation of the Market
3.4.1.   Strategic Initiatives
3.4.2.   Mergers and Acquisitions
3.4.3.   Collaborations and Partnerships
3.4.4.   Developments and Innovations
3.5. Streaming Analytics Market Industry Ecosystem
3.5.1.   Ecosystem Analysis
3.5.2.   Role of the Companies in the Ecosystem
4.   Streaming Analytics Market: Dynamics
4.1. Streaming Analytics Market Trends by Region
4.1.1.   North America
4.1.2.   Europe
4.1.3.   Asia Pacific
4.1.4.   Middle East and Africa
4.1.5.   South America
4.2. Streaming Analytics Market Drivers
4.3. Streaming Analytics Market Restraints
4.4. Streaming Analytics Market Opportunities
4.5. Streaming Analytics Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1.   Intensity of the Rivalry
4.6.2.   Threat of New Entrants
4.6.3.   Bargaining Power of Suppliers
4.6.4.   Bargaining Power of Buyers
4.6.5.   Threat of Substitutes
4.7. PESTLE Analysis
4.7.1.   Political Factors
4.7.2.   Economic Factors
4.7.3.   Social Factors
4.7.4.   Technological Factors
4.7.5.   Legal Factors
4.7.6.   Environmental Factors
4.8. Technological Analysis
4.8.1.   Artificial Intelligence and Machine Learning
4.8.2.   Internet of Things
4.8.3.   Cloud Computing
4.8.4.   Technological Roadmap
4.9. Regulatory Landscape
4.9.1.   Market Regulation by Region
4.9.1.1. North America
4.9.1.2. Europe
4.9.1.3. Asia Pacific
4.9.1.4. Middle East and Africa
4.9.1.5. South America
4.9.2.   Impact of Regulations on Market Dynamics
4.9.3.   Government Schemes and Initiatives
5.   Global Streaming Analytics Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1. Global Streaming Analytics Market Size and Forecast, by Component (2023-2030)
5.1.1.   Software
5.1.2.   Services
5.2. Global Streaming Analytics Market Size and Forecast, by Organization Size (2023-2030)
5.2.1.   Small and Medium-Sized Enterprises
5.2.2.   Large Enterprises
5.3. Global Streaming Analytics Market Size and Forecast, by Application Type (2023-2030)
5.3.1.   Fraud Detection
5.3.2.   Sales and Marketing
5.3.3.   Predictive Asset Management
5.3.4.   Risk Management
5.3.5.   Network Management and Optimization
5.3.6.   Location Intelligence
5.3.7.   Supply Chain Management
5.3.8.   Other
5.4. Global Streaming Analytics Market Size and Forecast, by Vertical (2023-2030)
5.4.1.   BFSI
5.4.2.   Telecommunication and IT
5.4.3.   Retail and eCommerce
5.4.4.   Healthcare and Life Sciences
5.4.5.   Manufacturing
5.4.6.   Government
5.4.7.   Energy and Utilities
5.4.8.   Transportation and Logistics
5.4.9.   Media and Entertainment
5.4.10.   Other
5.5. Global Streaming Analytics Market Size and Forecast, by Region (2023-2030)
5.5.1.   North America
5.5.2.   Europe
5.5.3.   Asia Pacific
5.5.4.   Middle East and Africa
5.5.5.   South America
6.   North America Streaming Analytics Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
6.1. North America Streaming Analytics Market Size and Forecast, by Component (2023-2030)
6.1.1.   Software
6.1.2.   Services
6.2. North America Streaming Analytics Market Size and Forecast, by Organization Size (2023-2030)
6.2.1.   Small and Medium-Sized Enterprises
6.2.2.   Large Enterprises
6.3. North America Streaming Analytics Market Size and Forecast, by Application Type (2023-2030)
6.3.1.   Fraud Detection
6.3.2.   Sales and Marketing
6.3.3.   Predictive Asset Management
6.3.4.   Risk Management
6.3.5.   Network Management and Optimization
6.3.6.   Location Intelligence
6.3.7.   Supply Chain Management
6.3.8.   Other
6.4. North America Streaming Analytics Market Size and Forecast, by Vertical (2023-2030)
6.4.1.   BFSI
6.4.2.   Telecommunication and IT
6.4.3.   Retail and eCommerce
6.4.4.   Healthcare and Life Sciences
6.4.5.   Manufacturing
6.4.6.   Government
6.4.7.   Energy and Utilities
6.4.8.   Transportation and Logistics
6.4.9.   Media and Entertainment
6.4.10.   Other
6.5. North America Streaming Analytics Market Size and Forecast, by Country (2023-2030)
6.5.1.   United States
6.5.2.   Canada
6.5.3.   Mexico
7.   Europe Streaming Analytics Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
7.1. Europe Streaming Analytics Market Size and Forecast, by Component (2023-2030)
7.2. Europe Streaming Analytics Market Size and Forecast, by Organization Size (2023-2030)
7.3. Europe Streaming Analytics Market Size and Forecast, by Application Type (2023-2030)
7.4. Europe Streaming Analytics Market Size and Forecast, by Vertical (2023-2030)
7.5. Europe Streaming Analytics Market Size and Forecast, by Country (2023-2030)
7.5.1.   United Kingdom
7.5.2.   France
7.5.3.   Germany
7.5.4.   Italy
7.5.5.   Spain
7.5.6.   Sweden
7.5.7.   Austria
7.5.8.   Rest of Europe
8.   Asia Pacific Streaming Analytics Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
8.1. Asia Pacific Streaming Analytics Market Size and Forecast, by Component (2023-2030)
8.2. Asia Pacific Streaming Analytics Market Size and Forecast, by Organization Size (2023-2030)
8.3. Asia Pacific Streaming Analytics Market Size and Forecast, by Application Type (2023-2030)
8.4. Asia Pacific Streaming Analytics Market Size and Forecast, by Vertical (2023-2030)
8.5. Asia Pacific Streaming Analytics Market Size and Forecast, by Country (2023-2030)
8.5.1.   China
8.5.2.   S Korea
8.5.3.   Japan
8.5.4.   India
8.5.5.   Australia
8.5.6.   Indonesia
8.5.7.   Malaysia
8.5.8.   Vietnam
8.5.9.   Taiwan
8.5.10.   Rest of Asia Pacific
9.   Middle East and Africa Streaming Analytics Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
9.1. Middle East and Africa Streaming Analytics Market Size and Forecast, by Component (2023-2030)
9.2. Middle East and Africa Streaming Analytics Market Size and Forecast, by Organization Size (2023-2030)
9.3. Middle East and Africa Streaming Analytics Market Size and Forecast, by Application Type (2023-2030)
9.4. Middle East and Africa Streaming Analytics Market Size and Forecast, by Vertical (2023-2030)
9.5. Middle East and Africa Streaming Analytics Market Size and Forecast, by Country (2023-2030)
9.5.1.   South Africa
9.5.2.   GCC
9.5.3.   Nigeria
9.5.4.   Rest of ME&A
10.   South America Streaming Analytics Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
10.1. South America Streaming Analytics Market Size and Forecast, by Component (2023-2030)
10.2. South America Streaming Analytics Market Size and Forecast, by Organization Size (2023-2030)
10.3. South America Streaming Analytics Market Size and Forecast, by Application Type (2023-2030)
10.4. South America Streaming Analytics Market Size and Forecast, by Vertical (2023-2030)
10.5. South America Streaming Analytics Market Size and Forecast, by Country (2023-2030)
10.5.1.   Brazil
10.5.2.   Argentina
10.5.3.   Rest Of South America
11.   Company Profile: Key Players
11.1. IBM(US)
11.1.1.   Company Overview
11.1.2.   Business Portfolio
11.1.3.   Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4.   SWOT Analysis
11.1.5.   Strategic Analysis
11.1.6.   Recent Developments
11.2. Google (US)
11.3. Oracle (US)
11.4. Microsoft (US)
11.5. BangDB (India)
11.6. SAP (Germany)
11.7. Cloudera (US)
11.8. Teradata (US)
11.9. Mphasis (India)
11.10. Iguazio (Israel)
11.11. Crosser (Sweden)
11.12. Software AG (Germany)
11.13. Informatica (US)
11.14. Lenses (UK)
12.   Key Findings
13.   Analyst Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook