Fully managed, affordable processing engine that can process real time events effectively, is known as streaming analytics.
The engine helps in unlocking deep insights conveniently from an information. Besides setting up analytic computations (real -time) on streaming from sites, applications and more.
Streaming analytics is capable enough of managing high events. Ease of use, low cost, quick recovery, reference data and connectivity are some of benefits of the streaming analytics.
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The rising demand for instant action on business events dynamic in nature has led to the rapid growth of the market. In addition, it has persuaded large enterprises and small and medium business enterprises to embrace streaming analytics.
However, lack of awareness about streaming analytics would hamper the growth of the market. On the other hand, the growing need to deal with huge volume of incoming data is likely to create greater opportunities for streaming analytics.
The streaming market is further segmented based on industries and geography. The industries assessed during the study includes government, retail, BFSI, manufacturing, healthcare and many more.
Prominent market players are acquiring new companies or local market players to maintain a competitive edge. Other business strategies favored by the companies include constant upgradation, joint ventures and collaborations.
Prominent market players discussed in the market research report are IBM, Tibco Software, SAS Institute, Microsoft, Oracle, and others.
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