Harrisburg, NC -- (SBWire) -- 04/11/2019 --The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Complex Event Processing production region, major players, and product type which will provide a simplified view of the Complex Event Processing industry. The Complex Event Processing market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Complex Event Processing market which will help the emerging market segments in making vital business decisions.

The global complex event processing market was valued at USD 2.37 billion in 2017, and is expected to reach USD 10.79 billion by 2023 at a CAGR of 28.74%, over the forecast period (2018 - 2023).

Complex Event Processing Market Segmentation:

This report on Global Complex Event Processing market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Global market for Complex Event Processing. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

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Global Complex Event Processing market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including INTERNATIONAL BUSINESS MACHINES CORPORATION, SAP SE, ORACLE CORPORATION, TIBCO SOFTWARE INC., SAS INSTITUTE, INC., INFORMATICA CORPORATION, NASTEL TECHNOLOGIES, INC., RED HAT, INC., SOFTWARE AG, and ESPERTECH, INC., amongst others

Development in the Fields of Machine Learning and Data Analytics is Augmenting Market Growth
Complex event processors represent one of the biggest competitive advantages. They are moving from being a competitive differentiator to being a competitive requirement for many companies, particularly financial services firms. The use of this technology is to turn businesses into a proactive, predictive enterprise with the ability to detect patterns of opportunity or patterns of threat. Enterprise data is expected to grow massively in the upcoming years, increasing the demand for fast complex event processing tools. Moreover, Internet-of-Things-based solutions, where a high volume of data gets generated every second, drive the market and will foster the adoption rate of complex event processing software in the coming years.

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Retail is the Fastest Growing Vertical
In retail business, there is a high probability of dealing with a huge number of customers with a significant number of interactions. Complex event processing streams the data and analyses it for better results. To achieve business goals, the retailer not only wants data analysis but also the process to respond to the results of the analysis. This is where CEP comes into the picture. The usage of complex event processing platform in the retail sector is based on innovations to increase sales. Companies are creating platforms that help in ensuring that customers come back. For instance, CEP platform can be used in such a way that as soon as a high-valued customer uses the program, the system triggers a process that offers the customer an extra discount.

This independent 102 pages report guarantees you will remain better informed than your competition.
With over 50 tables and figures examining the Complex Event Processing market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2023.

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Key Developments in the Market
- November 2017 - IBM announced the successful testing of a fully-integrated Wavelength Division Multiplexing (WDM) Si photonics chip for Big Data and cloud services, enabling the download of an entire HD digital movie in two seconds.
- November 2017 - Microsoft and SAP collaborated to give customers a trusted path to digital transformation in the cloud.

Reasons to Purchase this Report
- Current and future complex event processing market analysis in the developed and emerging markets
- Analyzing various perspectives of the market with the help of Porter's five forces analysis
- The segment that is expected to dominate the market
- Regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 month analyst support, along with the Market Estimate sheet (in Excel)

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