The global complex event processing market is anticipated to grow at a significant CAGR during the forecast period. Owing to the proliferation of sensors and connected devices, the amount of data getting stored is also rising tremendously. This posed a major challenge of analyzing this data on a real-time basis while the traditional database management system (DBMS) method was used as medium of storage of data. However, complex event processing addresses this problem, as it works on the stored query rather than stored data. The market growth is also attributed to the growing connected systems of Internet of Things (IoT). Some other prominent factors that are anticipated to push the growth of the complex event processing market include addressing of network complexity arising due to the advent of new technologies, such as 5G, and cloud; increase in data volume and changes in traffic patterns, rise in SDN integration with existing network infrastructures and IoT.
The increasing penetration along with the advancement in wireless communication technology is anticipated to considerably drive the market growth in the future years. With the growing internet penetration, the rising mines of data viably need to be stored, processed and computed without compromising its real-time analysis. Further, the integration of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT), has resulted in exponential data and the devices’ proliferation. Thus, the demand for efficient complex event processing systems for effective real-time data processing is surging, which in turn, is driving the market growth.
To Request a Sample of our Report on Complex Event Processing Market: https://www.omrglobal.com/request-sample/complex-event-processing-market
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
- By Application
- By Deployment Model
- By Vertical
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: IBM Corp., SAP SE, and Oracle Corp., among others.
Complex Event Processing Market Report by Segment
By Application
- Fraud Detection
- Dynamic Pre-Trade Analytics
- Asset Management and Predictive Scheduling
- Algorithm Trading
- Geo-Fencing and Geospatial Analysis
- Others
By Deployment Model
- Cloud
- On-Premise
By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecom
- Energy and Utilities
- Transportation and Logistics
- Healthcare
- Manufacturing
- Government
- Aerospace and Defense
- Others
A full Report of Complex Event Processing Market is Available @ https://www.omrglobal.com/industry-reports/complex-event-processing-market
Complex Event Processing Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
