Published Date: 24-08-2017
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According to a new report Europe Streaming Analytics Market (2016-2022), published by KBV Research, the Europe Streaming Analytics market is expected to attain a market size of $3.3 billion by 2022, growing at a CAGR of 36.6% during the forecast period.
Streaming Analytics accelerates decision-making and provides access to business metrics and reporting. It is more important for businesses to observe key performance indicators real-time. Visualization of vital company information can help companies manage their key performance indicators (KPIs) on a daily basis. Granular level of data analysis is now possible and such data analysis can directly influence sales, reduce costs, identify errors, mitigate risk, and take quick actions when necessary.
In Europe, Germany with a market share of around 29% has dominated the Streaming analytics market in 2015. Based on verticals, BFSI sector with a revenue contribution of $ 68.5 million has dominated the European streaming analytics market during 2015. Others segment would witness maximum growth of 42.7% during the forecast period (2016-2022).
In 2015, Fraud detection has contributed around 25% of the European streaming analytics application market and hence, dominated the market. Other application areas of streaming analytics discussed within the report includes sales & marketing management, predictive asset maintenance, risk management, network management & optimization, location intelligence, operations management, and others. Based on type, the streaming analytics market is segmented into software and services.
Full Report: https://www.kbvresearch.com/europe-streaming-analytics-market/
The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in Europen region. The key influencing factors of the Europe Streaming Analytics market have been discussed in the report along with the elaborated company profiles namely IBM Corporation, Microsoft Corporation, Oracle Corporation, Informatica Corporation, SAP SE, SAS Institute Inc., Software AG and Tibco Software Inc.
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