The streaming analytics market is growing rapidly because of the transformation from traditional BI techniques to advanced analytics techniques and massive surge of flowing structured and unstructured data.

Seattle, WA -- (SBWire) -- 07/27/2017 --The report "Streaming Analytics Market by Type (Solution & Services), Applications (Fraud Detection, Sales & Marketing Management, Predictive Asset Maintenance, Risk Management, Network Management, Location Intelligence, & Operations Management), Vertical, Regions - Global Forecast to 2021", The streaming analytics market is estimated to grow from USD 3.08 Billion in 2016 to USD 13.70 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 34.8%.

he major forces driving the streaming analytics market are the emergence of Internet of Things (IoT) enabled technologies, increasing focus on competitive insights, increasing business agility and scalability, and increase in forecast accuracy. The streaming analytics market is growing rapidly because of the transformation from traditional BI techniques to advanced analytics techniques and massive surge of flowing structured and unstructured data.

Operations management application is expected to grow at the highest CAGR

Streaming analytics solutions are used for various applications such as fraud detection, sales & marketing management, predictive asset maintenance, risk management, network management & optimization, location intelligence, operations management, and others. Operations management is expected to witness the highest CAGR during the forecast period among all applications because of increasing need for resolving operations related issues in real-time and the need for streamline operations across industries.

Telecommunication and IT vertical to have the largest market size in 2016

The streaming analytics market is also segmented by various industry verticals, out of which the adoption of streaming analytics is expected to be the largest in the telecommunication and IT vertical as the demand for electronics devices, including smartphones, and computer systems, is increasing day by day.

Download PDF Brochure http://www.marketsandmarkets.com/pdfdownload.asp?id=64196229

North America is expected to dominate the streaming analytics market during the forecast period

North America is expected to hold the largest share of the streaming analytics market in 2016 due to the technological advancements and early adoption of analytics in the region. The market in APAC is expected to grow at the highest CAGR between 2016 and 2021. The primary driving forces for this growth are increasing technological adoption and huge opportunities across industry verticals in APAC countries, especially India, China, and Japan.

The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Some of the major technology vendors include SAS Institute (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), IBM Corporation (U.S.), Informatica Corporation (U.S.), Software AG (Germany), TIBCO Software (U.S.), Impetus Technologies (U.S.), and SQLStream (U.S.).

For More Information http://www.marketsandmarkets.com/Market-Reports/streaming-analytics-market-64196229.html

About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com