Event Stream Processing Market Growth Scenario:
The global market review on the Event Stream Processing Market Growth reveals a possibility of scaling up to USD 1,663 million valuation by 2027 with a 22% CAGR during the forecast period of 2021 to 2027. 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.
The global Event Stream Processing Market Growth 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.
The COVID-19 pandemic disruption is estimated to transform the Event Stream Processing Market Growth 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 Market Growth 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.
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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.
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.
Regional Analysis:
The Event Stream Processing Market Growth can be geographically categorized as South America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and North America.
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.
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.
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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….
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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.
Market ScopeMarket Research Future (MRFR) expects the pillow market to cover substantial grounds and expand at a moderate rate between 2017 and 2023 (assessment period).Top Boosters and Key Restraints Sleep related issues like snoring is mostly linked with various other health conditions including obesity and diabetes.
Expanding population afflicted by these health issues can be a huge growth booster for the pillow market in the years to come.
These efforts by the players and the growing competition between them to capture a higher customer base across regions can also benefit the global market in the future.Sleep deprivation is a series issues and can result in hormonal imbalance, diabetes, depression, memory loss, weakened immunity, irregular blood pressure, obesity, and various chronic disorders.
Pillows are an essential bedding item that help deal with several sleep related disorders and are therefore, experiencing growing demand across the globe.
Soaring awareness levels among people about sleep disorders and the rising preference for different types of pillows that facilitate good sleep can present opportunities to the manufacturers in the future.Increase in desk-bound jobs and the rising prevalence of poor sitting posture among the youth are also key stimulants of the market growth.
Additionally, amplified demand for high quality healthcare to cater to the unmet needs, burgeoning global population and the rise in healthcare expenditure will also ensure growth in the market size during the appraisal period.Affluent Players Affluent firms in the global pillow market include American Textile Company (U.S.), Dohia Home Textile Co., Ltd (China), Hunan Mendale Hometextile Co., Ltd (China), Hollander (U.S.), Luolai (China), Romatex (South Africa), Wendre (Estonia), to mention a few.Access Report @ https://www.marketresearchfuture.com/reports/pillow-market-2766 Segmental Review For a better understanding of the pillow market’s growth prospects, MRFR has listed a few key segments, including material, filling material, shape, feature and application.Pillow market study lists key materials such as 100% Bamboo Fiber, 100% Cotton, 100% Polyester, 100% Silk, and others.
