[FURL=https://www.industryarc.com/Report/15451/streaming-analytics-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Global Streaming Analytics market[/FURL] is forecast to reach $32.5 billion by 2026, growing at a CAGR of 22.1% during the forecast period from 2021 to 2026. Rising technological growth such as artificial intelligence (AI), Internet of Things (IoT), Big Data Analytics, machine learning and others along with optimizing business productivity are acting as major drivers for streaming analytics market.Adoption of streaming analytics has been rising highly due to its capabilities of offering faster and reliable data insights/trends on a real time basis, thus helping organizations to maintain their market positions. Moreover, rising automation across industries as well as growing demand towards real time data analysis is also propelling the demands towards streaming analytics market.
Key Takeaways
Cloud analytics is expected to have a significant market growth during the forecast period in streaming analytics due to its capabilities of providing much efficient and faster real time data analysis and management.
Key market players such as Microsoft Corporation and IBM Corporation have been helping towards significant market growth of streaming analytics in North America.
Rising technological advancements along with capability of optimizing business productivity standards are some of the major driving factors towards significant growth of streaming analytics market.
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Streaming Analytics Market Segment Analysis – By Geography
North America has dominated the streaming analytics market in 2020 with a share of 37%. High investments towards research and development activities along with growing adoption of advanced technologies such as cloud, IoT, Artificial Intelligence, machine learning and many others have been fueling the market growth for streaming analytics in this region.
Presence of some key players such as Microsoft Corporation, Oracle Corporation and IBM Corporation are acting as major drivers for the growth of streaming analytics market. Moreover, rising adoption of major industries such as healthcare, IT and telecom and many others towards efficient data analytics tools to improve their competitive edge are also causing a positive impact on the market growth.
Streaming Analytics Market Landscape
Partnerships and acquisitions along with product launches are the key strategies of the players in the streaming analytics market. The major key players in the streaming analytics market include IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute, TIBCO Software Inc., Software AG, Amazon Web Services, Cisco Systems Inc. and Impetus Technologies.
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