What is the expected growth rate of the global streaming analytics market?
The global streaming analytics market is projected to grow at a staggering 32% CAGR from 2023 to 2030, driven by the increasing adoption of advanced analytics tools and the rise of technologies like big data, IoT, and AI.
Who are the major players in the streaming analytics market?
Global giants like IBM, Oracle, Microsoft, SAP, and Software AG dominate the market, while players like SAS, Tibco, and Impetus are also gaining traction.
Which region is expected to dominate the streaming analytics market?
North America currently holds the largest market share due to its leadership in innovation and technology adoption
What are the key industry sectors adopting streaming analytics?
Oil & gas, healthcare, BFSI, and telecommunication are early adopters due to the immense value gained from real-time data processing. For instance, oil & gas companies use streaming analytics to optimize drilling and predict equipment failures, minimizing downtime and costs.