Authored By: Sarah
08 Jan 2021

Streaming Analytics Market Size to Grow by USD 15.21 bn through 2020-2024

The streaming analytics market is expected to grow by USD 15.21 bn, accelerating at a CAGR of almost 26% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free Sample Report

Streaming Analytics Market: Segmentation by Deployment

This report provides a detailed analysis of the market by Deployment (Cloud and On-premise) and Geography (North America, Europe, APAC, MEA, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Streaming Analytics Market Size to post a CAGR of Nearly 26% through 2020-2024 | Analysis of Trends, Drivers and Challenges Impacting Market Growth

Streaming Analytics Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Adobe Inc., Alphabet Inc., Altair Engineering Inc., Amazon.com Inc., Hewlett Packard Enterprise Co., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., and TIBCO Software Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

Technavio has been monitoring the global streaming analytics market and it is expected to grow by USD 15.21 billion accelerating at a CAGR of almost 26% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Streaming Analytics Market Size to post a CAGR of Nearly 26% through 2020-2024 | Analysis of Trends, Drivers and Challenges Impacting Market Growth

Streaming Analytics Market: Segmentation by Deployment

During 2019, the cloud based deployment segment accounted for the major share of the Streaming Analytics Market. Cloud-based deployment of streaming analytics solutions involves the use of remote public or private computing resources, such as cloud, to analyze the data on demand. This type of deployment model helps the users in streamlining business intelligence processes.This report provides an accurate prediction of the contribution of all the segments to the growth of the streaming analytics market size.

Streaming Analytics Market: Segmentation by Geography

North America was the largest streaming analytics market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Market growth in this region will be faster than the growth of the market in Europe.

Streaming Analytics Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Adobe Inc., Alphabet Inc. and Altair Engineering Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

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