Within the Streaming Analytics Market, it is interesting to observe that, various industry verticals are now aware of the stakes of the Streaming Analytics. As you now, it is more important for an organization to manage risks in real-time for lowering the losses.
We are moving from traditional Business Intelligence (BI) techniques
to advanced analytics techniques and the massive surge of structured and
unstructured streaming data.
Streaming analytics solutions are landing steadily across various industry
verticals, including BFSI, telecommunication & IT, retail & eCommerce,
manufacturing, healthcare & life sciences, energy & utilities,
transportation & logistics, media & entertainment, government &
defense, various entertainment activities including sports, gaming, casinos,
and so on.
According to Research and Markets, the global streaming analytics market is expected to grow from USD 3.08
billion in 2016 to USD 13.70 billion by 2021.
Risk management is estimated to have the largest market share
in 2016 as organizations across industry verticals are facing various types of
risks.
The firm also reveals that, North America, followed by Europe, drive the
momentum, as the largest revenue generating region for the streaming analytics vendors.
Among key
vendors, we
have: Impetus Technologies, Informatica
Corporation, IBM, Oracle, SAP SE and others.