Streaming Analytics Market by Offering (Platforms, Services), Deployment (Cloud, On-premise), Application (Fraud Detection, Customer Analytics, Others), Organization Size, Sector (IT & Telecom, Retail, BFSI, Others) & Geography—Forecasts to 2030

The research report titled ‘Streaming Analytics Market by Offering (Platforms, Services), Deployment (Cloud, On-premise), Application (Fraud Detection, Customer Analytics, Others), Organization Size, Sector (IT & Telecom, Retail, BFSI, Others) & Geography—Forecasts to 2030 , provides in-depth analysis of streaming analytics market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.

The global streaming analytics market is projected to reach $73.27 billion by 2030, at a CAGR of 19.7% during the forecast period 2023–2030. The growth of the streaming analytics market is driven by the growing adoption of streaming analytics platforms for faster insights and actions and the growth in industrial automation. However, streaming analytics solutions’ lack of integration with legacy systems restrains the growth of this market.

The development of new data integration and high event stream analytics capabilities is expected to generate growth opportunities for the players operating in this market. However, factors such as data security & privacy issues and the infrastructure requirements and complex architectures of streaming analytics solutions are major challenges for market growth. Additionally, the growing adoption of cloud-based streaming analytics platforms is a prominent trend in the streaming analytics market.

Based on offering, the global streaming analytics market is segmented into platforms and services. In 2023, the platforms segment is expected to account for the larger share of the global streaming analytics market. The segment’s large share is attributed to the rising adoption of streaming analytics platforms for processing and analyzing fast-moving live data and enterprises’ growing need to reduce infrastructure costs, enable faster insights and actions, and improve operational efficiencies. Moreover, the platforms segment is also projected to record the higher CAGR during the forecast period.

Based on deployment mode, the global streaming analytics market is segmented into on-premise deployments and cloud-based deployments. In 2023, the on-premise deployments segment is expected to account for the larger share of the global streaming analytics market. The segment’s large share is attributed to the higher preference for on-premise deployments among large enterprises due to the availability of trained IT professionals & infrastructure and security issues associated with cloud-based deployments. However, the cloud-based deployments segment is projected to record the higher CAGR of 20.9% during the forecast period.

Based on application, the global streaming analytics market is segmented into fraud detection, customer analytics, sales & marketing, predictive asset management, risk management, network management & optimization, location intelligence, supply chain management, and other applications. In 2023, the customer analytics segment is expected to account for the largest share of the global streaming analytics market. The segment’s large market share is attributed to organizations’ rising need to retain customers through improved customer satisfaction, gain a competitive advantage in the market, boost customer loyalty, improve brand reputation, and accelerate overall business growth. However, the fraud detection segment is projected to record the highest CAGR during the forecast period.

Based on organization size, the global streaming analytics market is segmented into large enterprises and small & medium-sized enterprises. In 2023, the large enterprises segment is expected to account for the larger share of the global streaming analytics market. The segment’s large share is attributed to large enterprises’ strong IT infrastructure and availability of skilled IT personnel to manage streaming analytics platforms. Furthermore, large enterprises have a stable financial backup and hence, can easily procure customized streaming analytics solutions. Moreover, the large enterprises segment is also projected to record the higher CAGR during the forecast period.

Based on sector, the global streaming analytics market is segmented into media & entertainment, BFSI, IT & Telecom, retail, healthcare & life sciences, government, manufacturing, transportation & logistics, energy & utilities and other sectors. In 2023, the IT & Telecom segment is expected to account for the largest share of the global streaming analytics market. The segment’s large market share is attributed to the rising adoption of streaming analytics solutions among IT & telecom companies to analyze large amounts of operational data and better serve customers. These solutions allow IT & telecom companies to analyze information, such as customer location, application usage statistics, and other performance data, to improve service delivery and personalization. However, the retail segment is projected to record the highest CAGR during the forecast period.

Based on geography, the streaming analytics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the global streaming analytics market. Increasing digitization, rising sales of smartphones and tablets, growing adoption of consumer IoT devices, and increasing disposable incomes in economies such as China, India, and Japan have emerged as the key growth drivers for the regional market. The demand for streaming analytics in APAC is expected to continue growing as organizations recognize the need to harness real-time insights from streaming data to drive business growth, enhance customer experiences, optimize operations, and stay competitive in the digital age.

Key Players:

Some of the key players operating in the streaming analytics market are IBM Corporation (U.S.), Informatica Inc. (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Striim, Inc. (U.S.), Oracle Corporation (U.S.), SAS Institute Inc. (U.S.), SQLstream (U.S.) a subsidiary of Thales Group (France), Software AG (Germany), TIBCO Software Inc. (U.S.), Cloudera, Inc. (U.S.), Teradata Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Impetus Technologies, Inc. (U.S.), and Hewlett Packard Enterprise Company (U.S.).

Key questions answered in the report-

Which are the high-growth market segments based on offering, deployment mode, application, organization size and sector?
What was the historical market for streaming analytics?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, and opportunities in the streaming analytics market?
Who are the major players, and what shares do they hold in the streaming analytics market?
How is the competitive landscape in the streaming analytics market?
What are the recent developments in the streaming analytics market?
What are the different strategies adopted by the major players in the streaming analytics market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the global streaming analytics market, and how do they compete with the other players?

Scope of the report:


Streaming Analytics Market, by Offering

Platforms
Services
Professional Services
Managed Services

Streaming Analytics Market, by Deployment Mode

On-premise Deployment
Cloud-based Deployment

Streaming Analytics Market, by Application

Fraud Detection
Customer Analytics
Sales & Marketing
Predictive Asset Management
Risk Management
Network Management & Optimization
Location Intelligence
Supply Chain Management
Other Applications

Streaming Analytics Market, by Organization Size

Large Enterprises
Small & Medium-sized Enterprises

Streaming Analytics Market, by Sector

Media & Entertainment
BFSI
IT & Telecom
Retail
Healthcare & Life Sciences
Government
Manufacturing
Transportation & Logistics
Energy & Utilities
Other Sectors

Streaming Analytics Market, by Geography

North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Switzerland
Netherlands
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Singapore
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Israel
Rest of Middle East & Africa

Global Streaming Analytics Market - Report Summary

Report Metrics	Details
Years Considered	2023 - 2030
Base Year	2022
Forecast Period	2023-2030
Page Count	248
Units Referenced	Value (USD Million)
Segments/Key Topics	Market by Offering, Market by Deployment Mode, Market by Application, Market by Organization Size, Market by Sector and Market by Geography
Regions Covered	North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
Key Companies Mentioned	IBM Corporation (U.S.), Informatica Inc. (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Striim, Inc. (U.S.), Oracle Corporation (U.S.), SAS Institute Inc. (U.S.), SQLstream (U.S.) a subsidiary of Thales Group (France), Software AG (Germany), TIBCO Software Inc. (U.S.), Cloudera, Inc. (U.S.), Teradata Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Impetus Technologies, Inc. (U.S.), and Hewlett Packard Enterprise Company (U.S.).

FAQs About the Report

What is the value of revenue generated from the sales of streaming analytic solutions across the globe? At what rate is their demand expected to grow for the next 5–7 years?

The global streaming analytics market is expected to reach $73.27 billion by 2030, at a CAGR of 19.7% during the forecast period (2023–2030).

Which offering segment of the market is projected to create more traction in the streaming analytics market?

Based on offering, the platforms segment is also projected to record the higher CAGR during the forecast period. The growth of this segment is driven by the increasing adoption of streaming analytics platforms due to their capability to analyze data and monitor businesses’ Key Performance Indicators (KPIs) in real-time.

Which deployment mode segment of the market is projected to create more traction in the streaming analytics market?

Based on deployment mode, in 2023, the on-premise deployment segment is expected to account for the larger share of the global streaming analytics market. However, the cloud-based deployments segment is projected to record the higher CAGR during the forecast period.

Which application segment of the market is projected to create more traction in the streaming analytics market?

Based on application, in 2023, the customer analytics segment is expected to account for the largest global streaming analytics market share. However, the fraud detection segment is projected to record the highest CAGR during the forecast period.

Which organization size segment of the market is projected to create more traction in the streaming analytics market?

Based on organization size, in 2023, the large enterprises segment is expected to account for the larger share of the global streaming analytics market. Moreover, the large enterprises segment is also projected to record the higher CAGR during the forecast period.

Which sector segment is projected to create more traction in the streaming analytics market?Based on sector, in 2023, the IT & telecom segment is expected to account for the largest share of the global streaming analytics market. However, the retail segment is projected to record the highest CAGR during the forecast period. Companies from the retail sector have access to multiple data streams.

What are the key factors driving the growth of the streaming analytics market? What are the major opportunities for existing market players and new entrants?

The growth of the streaming analytics market is driven by the growing adoption of streaming analytics platforms for faster insights and actions and the growth in industrial automation. The development of new data integration and high event stream analytics capabilities is expected to generate growth opportunities for the players operating in this market.

Who are the major players operating in the global streaming analytics market?

The key players operating in the global streaming analytics market are IBM Corporation (U.S.), Informatica Inc. (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Striim, Inc. (U.S.), Oracle Corporation (U.S.), SAS Institute Inc. (U.S.), SQLstream (U.S.) a subsidiary of Thales Group (France), Software AG (Germany), TIBCO Software Inc. (U.S.), Cloudera, Inc. (U.S.), Teradata Corporation (U.S.), Amazon Web Services, Inc. (U.S.), Impetus Technologies, Inc. (U.S.), and Hewlett Packard Enterprise Company (U.S.).

Which regions/countries are expected to witness significant demand for streaming analytics in the coming years?

Asia-Pacific is projected to register the highest growth rate over the coming years.