Global Complex Event Processing Market: Industry Analysis and forecast 2027

Global Complex Event Processing Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at xx% through 2020 to 2027, reaching US$ XX Mn. The report has covered Country market trends with a competitive landscape.

 

 
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Global Complex Event Processing Market Overview:

With the Internet revolution, the need for real-time data analytics has grown exponentially over the past few years. Companies are investing heavily in industrial automation, which is increasing the growth of machine learning. In addition, along with Big Data, different industries are making the web more complicated, which eventually drives the complex demand for event processors. The amount of data being processed is growing tremendously with the increasing use of sensors and connecting devices. In the conventional DBMS approach, the issue of analyzing this knowledge on a real-time basis is a problem. Complex Event Processing (CEP) solves this issue in response, since it operates on the stored query rather than the data stored. Given that CEP queries are applied to a potentially infinite stream of data, the benefits of the CEP method are different. In addition, inputs are automatically processed. When all events are processed by the system for a corresponding sequence, the results are shown directly. Effectively, this feature contributes to the real-time analytics functionality of CEP.
In providing organizations with a strategic advantage over competitors, business intelligence currently plays an important role. It can effectively provide information on end-user needs and demands, along with, information on upcoming industry developments and technology. Complex Event Processing effectively addresses such demands by collecting information from around the web, indexing the data collected, and then providing the end user with the necessary data. The demand for complex event processing has been rising at a rapid pace globally due to such offerings.

Based on deployment, Complex Event Processing market is segmented by cloud-based and on-premises. Cloud-based dominated Complex Event Processing market with increasing need of the high volume of data to keep on cloud storage and on-demand content via internet server to raise the agility of the organizations and individuals. For instance, IBM Tealeaf Customer Experience offers Cloud-based solution to the organizations delivers session replay and hybrid cloud capabilities helps to eradicate customer challenge with web and mobile applications (iOS and Android). It is deployed on the IBM SoftLayer cloud infrastructure. Based on organization size, small and medium enterprises is the leading segment to dominate the market during the forecast period due to the rising number of SMEs and various Applications pushing to the market growth. The key drivers are growing fast track digital data and enable to achieve insight into user behavior which motivates market development.

The Complex Event Processing market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is due to the presence of major players with the advanced technologies. The Asia Pacific region is projected to register the fastest growth rate in the target market due to surge in penetration of smartphones and digitalizing the infrastructure in the region.
Global Complex Event Processing Market Competitive Landscape:

The objective of the report is to present a comprehensive analysis of the Global Complex Event Processing Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Complex Event Processing Market dynamics, structure by analyzing the market segments and projects the Global Complex Event Processing Market size. Clear representation of competitive analysis of key players by Deployment, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Complex Event Processing Market make the report investor’s guide.

 

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Global Complex Event Processing Market, By Deployment

• Cloud-based
• On-Premise
Global Complex Event Processing Market, By Organization Size

• Small and Medium Enterprises
• Large Enterprises
Global Complex Event Processing Market, By Applications

• Algorithmic Trading
• Electronic Transaction Monitoring
• Dynamic Pre-Trae Analytics
• Data Enrichment
• Fraud Detection
• Governance, Risk and Compliance
• Asset Management and Predictive Scheduling
• Geo-fencing and Geospatial analysis
• Others
Global Complex Event Processing Market, by Region

• North America
• Europe
• Asia-Pacific
• ME & Africa
• Latin America
Global Complex Event Processing Market Key Players

• IBM Corporation
• SAP SE
• Oracle
• TIBCO Software Inc
• SAS Insitute, Inc
• Informatica Corporation
• WSO2, Inc
• Nastel Technologies, Inc
• Red Hat, Inc
• Software AG
• EsperTech, Inc

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