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Streaming Analytics Market Share

Report ID: GMI10291
Published Date: Jul 2024
Report Format: PDF

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Streaming Analytics Market Share

International Business Machines Corporation (IBM) and Oracle Corporation hold a significant share of over 10% in the market. The streaming analytics industry is dominated by companies including Oracle corporation, AWS, Microsoft Azure, and IBM. These companies offer real-time data processing and analytics and AI integration. They leverage their extensive cloud infrastructure to deliver scalable solutions for various industries.

Smaller niche players and startups influence the competitive landscape of the streaming analytics market. They offer specialized solutions tailored to specific industry verticals, by focusing on innovations in edge computing and data security they differentiate themselves. These companies also excel in vertical-specific applications, strategic partnerships and acquisitions to expand their market reach. As the market evolves with advancements in IoT, AI and cloud technologies competition is expected to drive innovations.

Streaming Analytics Market Companies

Major players operating in the streaming analytics industry are:

International Business Machines Corporation (IBM)
Alphabet Inc.
Oracle Corporation
Microsoft Corporation
SAP SE
SAS Institute Inc.
Cloudera, Inc.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of streaming analytics reached USD 23.06 billion in 2023 and is set to witness 27.5% CAGR from 2024 to 2032, led by the increasing demand for real-time data analysis.

The software component segment in the streaming analytics industry recorded over 50% share in 2023, owing to the increasing advancements in real-time data processing, analytics algorithms, and AI/ML technologies.

The predictive asset management application segment in the streaming analytics market is expected to witness over 30% CAGR from 2024 to 2032, driven by the rising need to optimize asset performance, reduce downtime, and enhance operational efficiency in manufacturing, energy, and utilities industries.

North America market recorded over 30% share in 2023, led by the presence of advanced IT infrastructure, a strong base of technology companies, and widespread adoption across various sectors, such as finance, healthcare, and retail.