According to the latest report by IMARC Group, titled “Streaming Analytics Market Report by Component (Software, Service), Deployment Mode (Cloud-based, On-premises), Organization Size (Large Enterprises, Small and Medium-sized Enterprises), Application (Fraud Detection, Predictive Asset Management, Risk Management, Network Management and Optimization, Sales and Marketing, Supply Chain Management, Location Intelligence, and Others), Industry Vertical (IT and Telecom, BFSI, Manufacturing, Government, Retail and E-Commerce, Media and Entertainment, Healthcare, Energy and Utilities, and Others), and Region 2025-2033," the global streaming analytics market reached a value of USD 18.0 Billion in 2024. Streaming analytics is the processing and analysis of fast-moving live data from a variety of sources. It is also known as event stream processing, which helps provide updates of events that occur as the result of an action or set of activities, such as a financial transaction or equipment failure. Streaming analytics analyzes data records, including log files generated by customers using web applications, telemetry from connected devices, information from social networks or geospatial services, and e-commerce transactions. It assists in enhancing market competency, reducing and preventing security breaches, and managing issues, stock exchange meltdowns, customer churn, and social media crises.
Global Streaming Analytics Market Trends:
Significant growth in the IT and telecommunications industry across the globe is creating a positive outlook for the market. Streaming analytics is widely used due to the growing need to analyze large amounts of operational data, such as customers’ location, application usage statistics, and other performance data, to improve service delivery and personalization. Additionally, the widespread adoption of streaming analytics across different industrial verticals due to rapid digitalization is acting as another growth-inducing factor. Apart from this, the integration of the internet of things (IoT), artificial intelligence (AI), and cloud computing in streaming analytics to provide faster insights and action and increase visibility and control are providing an impetus to the market growth. Moreover, the increasing demand for streaming analytics in large enterprises owing to high spending on data analytics tools and massive data generation is positively influencing the market growth. Other factors, including the widespread adoption in the retail sector, the growing prevalence of data breaches and cyber-attacks, and extensive research and development (R&D) activities, are supporting the market growth. Looking forward, the market value is projected to reach USD 118.8 Billion by 2033, expanding at a CAGR of 22.16% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Component, Deployment Mode, Organization Size, Application, Industry Vertical, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Cloudera Inc., Conviva Inc., Gathr, Google LLC, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Software AG, SQLstream (Guavus Inc.), Striim Inc. and TIBCO Software Inc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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