About Event Stream Processing Software
Event stream processing software is software that allows for the processing of data on the fly, enabling users to properly store, manage, and analyze their streaming data. It gives users the ability to examine how their data has changed over time. It also helps users by offering insight into anomalies and trends in the data. The global event stream processing software market has significantly grown in the next few years.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 21.6% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Event Stream Processing Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amazon.com, Inc. (United States), Confluent (United States), Crosser (Sweden), Eventador (United States), IBM (United States), Informatica (United States), Instaclustr Pty Ltd. (United States), Leo Insights (United States), Oracle (United States) and SAS Institute (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are StreamSets, Inc. (United States) and TIBCO Software (United States).
Segmentation Overview
AMA Research has segmented the market of Global Event Stream Processing Software market by , Application (Fraud Detection, Predictive Maintenance, Algorithmic Trading, Network Monitoring and Sales and Marketing Management) and Region.
On the basis of geography, the market of Event Stream Processing Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Enterprise, the sub-segment i.e. Small and Medium Enterprise will boost the Event Stream Processing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Event Stream Processing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Subscription, the sub-segment i.e. Annual Subscription will boost the Event Stream Processing Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Adoption of Cloud-Based Solutions
Market Growth Drivers:
High Demand for IoT and Smart Devices and Increased Adoption of ESP Solutions
Challenges:
Data Security and Privacy Concerns and Lack of Skilled Personnel
Restraints:
Lack of Integration With the Legacy Architecture and Intensifying Market Competition
Opportunities:
Growing Machine Based Communications and Increased Demand from End-users
Market Leaders and their expansionary development strategies
On October 26, 2023, Striim, a provider of real-time data integration and ESP software, acquired Streamlio, a stream processing startup focused on Apache Kafka. This expands Striim's offerings in edge computing and cloud-native deployments.
In December 2023, Confluent, a prominent ESP company, announced a partnership with Microsoft Azure to offer its Apache Kafka platform as a managed service on Azure. This collaboration aims to simplify the deployment and management of Kafka for Azure users.
Key Target Audience
Event Stream Processing Software Developers, Research Professionals, Emerging Companies and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.