This IDC study provides a five-year forecast for the aggregate event stream processing software market and delivers insight into drivers of market growth for the 2024–2028 period. It also provides specific forecasts for the submarkets within event stream processing, as well as breakdowns by region and deployment type. According to Shari Lava, senior research director, AI and Automation at IDC, “Event stream processing software is critical to achieving that next level of automation as organizations look to incorporate more AI. Buyers have to solve challenges around data capture, flow, and analysis to bring real-time data into both human and autonomous decision-making.”
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
AI and Automation Adoption
Cloud Adoption
The Need for Real-Time Data
Inhibitors
Skill Sets Shortages
Significant Market Developments
Changes from Prior Forecast
Market Definition
Event Stream Processing Software
Messaging Middleware
Stream Processing Software
Functions Software
IoT Application Platforms
Process Mining and Insights Software
Methodology
Historical and Forecast Market Values and Exchange Rates