Event Stream Processing Market by Application (Fraud Detection, Predictive Maintenance, Algorithmic Trading, and Network Monitoring), Component, Deployment Mode, Type (Data Integration and Analytics), Vertical, and Region - Global Forecast to 2023

  • ID: 4747281
  • Report
  • Region: Global
  • 169 Pages
  • Markets and Markets
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The Global Event Stream Processing (ESP) Market Size to Grow From USD 690 Million in 2018 to USD 1,838 Million By 2023, at a CAGR of 21.6%

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The global event stream processing market is estimated to grow at a CAGR of 21.6% during the forecast period.

The major growth factors expected to drive the growth of the ESP market include the increasing demand for Internet of Things (IoT) and smart devices to drive the adoption of ESP solutions and the growing focus on analyzing a huge amount of data from multiple sources to gain real-time insights. The lack of integration with the legacy architecture and intensifying market competition are expected to restrain the adoption of ESP solutions in the emerging economies, which, in turn, may restrain the market growth.

Predictive maintenance segment is estimated to grow at the highest CAGR during the forecast period

The ESP market by application has been segmented into fraud detection, predictive maintenance, algorithmic trading, network monitoring, sales and marketing management, and others (location intelligence, operations management, and smart grid stabilization). The predictive maintenance segment is expected to grow at the highest CAGR, as it is extensively used in retail; Banking, Finanacial Services and Insurance (BFSI); manufacturing; energy and utilities; Information Technology (IT) and telecommunication; and transportation verticals.

Cloud segment to grow at a higher rate during the forecast period

Based on the deployment mode, the ESP market is segmented into cloud and on-premises. The cloud segment is expected to grow at a higher rate during the forecast period, due to its benefits, such as low-cost implementation, security, flexibility, mobility, loss prevention, disaster recovery, and sustainability.

Asia Pacific is expected to grow at the highest CAGR during the forecast period

APAC has distinctively been one of the fastest-growing regions in terms of rapidly adopting ESP solutions. The ESP market is also termed as the next big boom with regards to the ever-increasing adoption across APAC. The ESP market in APAC has gained traction, due to the developing economy and increasing connected devices and digitalization. Moreover, the rapid growth of the ESP market in the region can be attributed to the active online engagement of consumers in the emerging countries of the region. The extensive facilities to deploy and manage ESP solutions at a low-cost of ownership is boosting the market growth in this region. Furthermore, various international and domestic enterprises located in this region are partnering with ESP providers to enhance and provide tailormade offerings to local clients. The developed APAC countries, such as China, India, and Japan, have expansively considered the use of ESP solutions and services. The growth of this region can be attributed to the increased demand for ESP solutions and advancements in digital technologies, such as IoT, Artificial Intelligence (AI), and Machine Learning (ML), which is benefitting all stakeholders present in the ESP ecosystem in APAC.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the ESP market.

  • By Company: Tier I: 15%, Tier II: 43%, and Tier III: 42%
  • By Designation: C-Level: 31%, Director Level: 40%, and Others: 29%
  • By Region: North America: 41%, Europe: 27%, APAC: 32%, MEA: 4%, and Latin America: 5%

The report includes the study of the key players offering ESP solutions. It profiles major vendors in the global ESP market, which include IBM (US), Microsoft (US), Google (US), Oracle (US), SAS (US), SAP (Germany), TIBCO (US), Informatica (US), Hitachi Vantara (US), AWS (US), Software AG (Germany), Salesforce (US), Redhat (US), FICO (US), Impetus Technologies (US), data Artisans (Germany), Radicalbit (Italy), Streamlio (US), Equalum (Israel), Striim (US), Confluent (US), EVAM (US), Databricks (US), SQL Stream (US), and EsperTech (US). It also includes an in-depth competitive analysis of the key ESP market players, along with their company profiles, business overviews, product offerings, recent developments, and market strategies.

Research coverage

The report segments the global ESP market by application, component, deployment mode, type, verticals, and regions. The application segment includes fraud detection, predictive maintenance, algorithmic trading, network monitoring, and others (location intelligence,operations management, and smart grid stabilization). The component segment comprises solutions and services. The ESP market by deployment mode has been segmented into cloud and on-premises. The ESP market by type has been categorized into data integration and analytics. The ESP market by vertical has been classified into BFSI; IT and telecommunications; retail and eCommerce; manufacturing; energy and utilities; transportation and logistics; and others (media and entertainment, government, and healthcare and life sciences). The report covers the ESP market with respect to 5 major regions, namely North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.

The report would help the market leaders and new entrants in the global ESP market in the following ways:

1. The report segments the market into various subsegments, hence it covers the market comprehensively. It provides the closest approximations of the revenue numbers for the overall market and its subsegments. The market numbers are further split across applications and regions.

2. It helps understand the overall growth of the market. It also provides information about the key market drivers, restraints, challenges, and opportunities.

3. It helps stakeholders understand their competitors better and gain more insights to strengthen their positions in the market. The study also presents the positioning of the key players based on their product offerings and business strategies.

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FEATURED COMPANIES

  • AWS
  • Equalum
  • Google
  • Microsoft
  • Salesforce
  • Sqlstream
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Market Segmentation
1.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary
2.1.2.2 Key Industry Insights
2.2 Market Breakdown and Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Forecast
2.5 Assumptions for the Study
2.6 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Event Stream Processing Market
4.2 Top 4 Applications
4.3 Top 3 Applications and Regions
4.4 Market Potential, By Vertical

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for IoT and Smart Devices to Drive the Adoption of ESP Solutions
5.2.1.2 Growing Focus on Analyzing Large Volumes of Data From Multiple Sources to Gain Real-Time Insights
5.2.2 Restraints
5.2.2.1 Lack of Integration With the Legacy Architecture
5.2.2.2 Intensifying Market Competition
5.2.3 Opportunities
5.2.3.1 Growing Adoption of Cloud Solutions
5.2.4 Challenges
5.2.4.1 Data Security and Privacy Concerns
5.2.4.2 Lack of Skilled Personnel
5.3 Regulatory Implications
5.3.1 Introduction
5.3.2 General Data Protection Regulation
5.3.3 Health Insurance Portability and Accountability Act
5.3.4 Payment Card Industry Data Security Standard
5.3.5 SOC 2 Type II Compliance
5.3.6 ISO/IEC 27001
5.3.7 The Gramm-Leach-Bliley Act
5.4 Use Cases
5.4.1 Introduction
5.4.1.1 Use Case: Scenario 1
5.4.1.2 Use Case: Scenario 2
5.4.1.3 Use Case: Scenario 3
5.4.1.4 Use Case: Scenario 4
5.4.1.5 Use Case: Scenario 5

6 Event Stream Processing Market, By Application
6.1 Introduction
6.2 Fraud Detection
6.2.1 Need for Reducing Operational Risks and Financial Losses to Increase Adoption of Fraud Detection Application
6.3 Predictive Maintenance
6.3.1 Demand for Higher Asset Utilization and Reliability to Accelerate Adoption of Predictive Maintenance Application
6.4 Algorithmic Trading
6.4.1 Fast and Reliable Processing of Trade Requests to Boost Growth of Algorithmic Trading Application
6.5 Network Monitoring
6.5.1 Need for Reducing Cost Associated With Network Failures and Outages to Create Opportunities for ESP Solution Providers
6.6 Sales and Marketing
6.6.1 Huge Data Generated From Marketing and Retail Activities to Create Opportunities for Sales and Marketing Application Providers
6.7 Others

7 Market, By Component
7.1 Introduction
7.2 Solutions
7.2.1 Software Tools
7.2.1.1 Software Tools Enable Easy Integration of Event Stream Processing Capabilities With Developers’ Applications
7.2.2 Platforms
7.2.2.1 ESP Platforms Offer A Complete Infrastructure to Enterprises for Processing Millions of Events in A Minimal Time
7.3 Services
7.3.1 Professional Services
7.3.1.1 Consulting Services to Assist Organizations in Implementing ESP Solutions
7.3.2 Managed Services
7.3.2.1 Managed Services to Gain Traction in Coming Years

8 Market, By Deployment Mode
8.1 Introduction
8.2 Cloud
8.2.1 Cloud Benefits to Boost the Growth of Cloud Deployment Mode
8.3 On-Premises
8.3.1 Data-Sensitive Organizations to Continue to Adopt On-Premises Deployment Mode

9 Event Stream Processing Market, By Type
9.1 Introduction
9.2 Data Integration
9.2.1 Demand for Data-Driven Decisions to Accelerate the Growth of ESP Solutions
9.3 Analytics
9.3.1 Analytics Solutions to Assist Enterprises Unleash the Value of Streaming Data

10 Market, By Vertical
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.2.1 Banking, Financial Services, and Insurance Vertical to Be the Largest Adopter of ESP Solutions
10.3 It and Telecommunications
10.3.1 Telecommunications Vertical to Deploy ESP Solutions for Optimizing Network Performance, Detecting Frauds, and Boosting Network Functioning
10.4 Retail and Ecommerce
10.4.1 Increasing Digital Transformation to Drive the Adoption of ESP Solutions in Retail Vertical
10.5 Manufacturing
10.5.1 Increasing Focus of Manufacturers Toward Enhancement of Asset Life to Boost the Adoption of ESP Solutions in Manufacturing Vertical
10.6 Energy and Utilities
10.6.1 Increasing Focus on Reducing Equipment Failures to Help Grow Adoption of ESP Solutions
10.7 Transportation and Logistics
10.7.1 Transportation and Logistics Vertical to Grow at the Highest CAGR During the Forecast Period
10.8 Others

11 Event Stream Processing Market, By Region
11.1 Introduction
11.2 North America
11.2.1 United States
11.2.1.1 Increasing Investments in Start-Ups to Boost the Event Stream Processing Market Growth
11.2.2 Canada
11.2.2.1 Increasing Investments and Continuous Research to Drive the Market in the Region
11.3 Europe
11.3.1 United Kingdom
11.3.1.1 Increasing Adoption of IoT Technology to Provide Opportunities for ESP Solutions Across the Region
11.3.2 Germany
11.3.2.1 Growing Investments By Tech-Giants to Provide Opportunities for Development of ESP Solutions
11.3.3 France
11.3.3.1 Growing Need to Analyze Real-Time Data to Boost the Adoption of ESP Solutions
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.1.1 Growing Initiatives Supporting Digitalization to Boost the Adoption of ESP Solutions
11.4.2 Japan
11.4.2.1 Rapid Technological Advancements to Accelerate the Growth of ESP Solutions
11.4.3 India
11.4.3.1 Growing Infrastructure Developments and Adoption of Connected Devices to Act as A Driving Factor for This Market
11.4.4 Rest of APAC
11.5 Middle East and Africa
11.5.1 United Arab Emirates
11.5.1.1 Demand for Connected Devices to Increase the Adoption of ESP Solutions
11.5.2 Israel
11.5.2.1 Rise in the Adoption of AI and Real-Time Analytics to Provide Opportunities for ESP Solutions
11.5.3 South Africa
11.5.3.1 Increase in the Adoption of Advanced Digital Technologies to Provide Opportunities for ESP Solutions
11.5.4 Rest of Middle East and Africa
11.6 Latin America
11.6.1 Brazil
11.6.1.1 Emerging Technology Trends in Brazil to Help the Event Stream Processing Market Growth in the Coming Years
11.6.2 Mexico
11.6.2.1 Growing Steps Toward Revolution of Various Technologies in Mexico May Create Demand for ESP Solutions in the Coming Years
11.6.3 Rest of Latin America

12 Competitive Landscape
12.1 Overview
12.2 Ranking of Key Players
12.3 Competitive Scenario
12.3.1 New Product Launches and Product Enhancements
12.3.2 Partnerships and Collaborations
12.3.3 Mergers and Acquisitions
12.3.4 Expansions

13 Company Profiles
13.1 IBM
(Business Overview, Products & Services, Platforms Key Insights, Recent Developments, SWOT Analysis, MnM View)*
13.2 Microsoft
13.3 Oracle
13.4 AWS
13.5 SAP
13.6 SAS Institute
13.7 Google
13.8 Fico
13.9 Software AG
13.10 Red Hat
13.11 Hitachi Vantara
13.12 Tibco
13.13 Informatica
13.14 Salesforce
13.15 Striim
13.16 Confluent
13.17 Sqlstream
13.18 Streamanalytix
13.19 Dataartisans
13.20 Streamlio
13.21 Equalum
13.22 Databricks
13.23 ESPertech
13.24 EVAM
13.25 Radicalbit

*Details on Business Overview, Products & Services, Platforms, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Industry Excerpts
14.2 Discussion Guide
14.3 Knowledge Store: Subscription Portal
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

List of Tables (79 Tables)
Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Global Event Stream Processing Market Size and Growth Rate, 2016–2023
Table 3 Connected Devices, 2017–2023 (Billion)
Table 4 ESP Applications Across Verticals
Table 5 Market Size, By Application, 2016–2023 (USD Million)
Table 6 Fraud Detection: Market Size, By Region, 2016–2023 (USD Million)
Table 7 Predictive Maintenance: Market Size, By Region, 2016–2023 (USD Million)
Table 8 Algorithmic Trading: Market Size, By Region, 2016–2023 (USD Million)
Table 9 Network Monitoring: Market Size, By Region, 2016–2023 (USD Million)
Table 10 Sales and Marketing: Market Size, By Region, 2016–2023 (USD Million)
Table 11 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 12 Market Size, By Component, 2016–2023 (USD Million)
Table 13 Market Size, By Solution, 2016–2023 (USD Million)
Table 14 Solutions: Market Size, By Region, 2016–2023 (USD Million)
Table 15 Software Tools: Market Size, By Region, 2016–2023 (USD Million)
Table 16 Platforms: Market Size, By Region, 2016–2023 (USD Million)
Table 17 Event Stream Processing Market Size, By Service, 2016–2023 (USD Million)
Table 18 Services: Market Size, By Region, 2016–2023 (USD Million)
Table 19 Professional Services: Market Size, By Region, 2016–2023 (USD Million)
Table 20 Managed Services: Market Size, By Region, 2016–2023 (USD Million)
Table 21 Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 22 Cloud: Market Size, By Region, 2016–2023 (USD Million)
Table 23 On-Premises: Market Size, By Region, 2016–2023 (USD Million)
Table 24 Market Size, By Type, 2016–2023 (USD Million)
Table 25 Data Integration: Market Size, By Region, 2016–2023 (USD Million)
Table 26 Analytics: Market Size, By Region, 2016–2023 (USD Million)
Table 27 Event Stream Processing Market Size, By Vertical, 2016–2023 (USD Million)
Table 28 Banking, Financial Services, and Insurance: Market Size, By Region, 2016–2023 (USD Million)
Table 29 IT and Telecommunications: Market Size, By Region, 2016–2023 (USD Million)
Table 30 Retail and Ecommerce: Market Size, By Region, 2016–2023 (USD Million)
Table 31 Manufacturing: Market Size, By Region, 2016–2023 (USD Million)
Table 32 Energy and Utilities : Market Size, By Region, 2016–2023 (USD Million)
Table 33 Transportation and Logistics: Market Size, By Region, 2016–2023 (USD Million)
Table 34 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 35 Event Stream Processing Market Size, By Region, 2016–2023 (USD Million)
Table 36 North America: Event Stream Processing Market Size, By Application, 2016–2023 (USD Million)
Table 37 North America: Market Size, By Component, 2016–2023 (USD Million)
Table 38 North America: Market Size, By Solution, 2016–2023 (USD Million)
Table 39 North America: Market Size, By Service, 2016–2023 (USD Million)
Table 40 North America: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 41 North America: Market Size, By Type, 2016–2023 (USD Million)
Table 42 North America: Market Size, By Vertical, 2016–2023 (USD Million)
Table 43 North America: Market Size, By Country, 2016–2023 (USD Million)
Table 44 Europe: Event Stream Processing Market Size, By Application, 2016–2023 (USD Million)
Table 45 Europe: Market Size, By Component, 2016–2023 (USD Million)
Table 46 Europe: Market Size, By Solution, 2016–2023 (USD Million)
Table 47 Europe: Market Size, By Service, 2016–2023 (USD Million)
Table 48 Europe: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 49 Europe: Market Size, By Type, 2016–2023 (USD Million)
Table 50 Europe: Market Size, By Vertical, 2016–2023 (USD Million)
Table 51 Europe: Market Size, By Country, 2016–2023 (USD Million)
Table 52 Asia Pacific: Event Stream Processing Market Size, By Application, 2016–2023 (USD Million)
Table 53 Asia Pacific: Market Size, By Component, 2016–2023 (USD Million)
Table 54 Asia Pacific: Market Size, By Solution, 2016–2023 (USD Million)
Table 55 Asia Pacific: Market Size, By Service, 2016–2023 (USD Million)
Table 56 Asia Pacific: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 57 Asia Pacific: Market Size, By Type, 2016–2023 (USD Million)
Table 58 Asia Pacific: Market Size, By Vertical, 2016–2023 (USD Million)
Table 59 Asia Pacific: Market Size, By Country, 2016–2023 (USD Million)
Table 60 Middle East and Africa: Event Stream Processing Market Size, By Application, 2016–2023 (USD Million)
Table 61 Middle East and Africa: Market Size, By Component, 2016–2023 (USD Million)
Table 62 Middle East and Africa: Market Size, By Solution, 2016–2023 (USD Million)
Table 63 Middle East and Africa: Market Size, By Service, 2016–2023 (USD Million)
Table 64 Middle East and Africa: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 65 Middle East and Africa: Market Size, By Type, 2016–2023 (USD Million)
Table 66 Middle East and Africa: Market Size, By Vertical, 2016–2023 (USD Million)
Table 67 Middle East and Africa: Market Size, By Country, 2016–2023 (USD Million)
Table 68 Latin America: Event Stream Processing Market Size, By Application, 2016–2023 (USD Million)
Table 69 Latin America: Market Size, By Component, 2016–2023 (USD Million)
Table 70 Latin America: Market Size, By Solution, 2016–2023 (USD Million)
Table 71 Latin America: Market Size, By Service, 2016–2023 (USD Million)
Table 72 Latin America: Market Size, By Deployment Mode, 2016–2023 (USD Million)
Table 73 Latin America: Market Size, By Type, 2016–2023 (USD Million)
Table 74 Latin America: Market Size, By Vertical, 2016–2023 (USD Million)
Table 75 Latin America: Market Size, By Country, 2016–2023 (USD Million)
Table 76 New Product Launches and Product Enhancements, 2016–2018
Table 77 Partnerships and Collaborations, 2016–2018
Table 78 Mergers and Acquisitions, 2016–2018
Table 79 Expansions, 2016–2017

List of Figures (53 Figures)
Figure 1 Regions Covered
Figure 2 Research Design
Figure 3 Bottom-Up Approach
Figure 4 Market Size Estimation Methodology Top-Down Approach
Figure 5 Factor Analysis
Figure 6 North America to Account for the Highest Market Share in 2018
Figure 7 Event Stream Processing Market Snapshot, By Application
Figure 8 Market Snapshot, By Component, 2018
Figure 9 Market Snapshot, By Solution, 2018
Figure 10 Market Snapshot, By Service, 2018
Figure 11 Market Snapshot, By Deployment Mode
Figure 12 Market Snapshot, By Type, 2023
Figure 13 Market Snapshot, By Vertical
Figure 14 Global Event Stream Processing Market to Witness Significant Growth During the Forecast Period
Figure 15 Predictive Maintenance Segment to Grow at the Highest CAGR During the Forecast Period
Figure 16 Fraud Detection Segment and the North America to Account for the Highest Market Shares in the Event Stream Processing Market in 2018
Figure 17 Retail and Ecommerce Vertical to Register the Highest Market Share in 2018
Figure 18 Event Stream Processing Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Predictive Maintenance Segment to Witness the Highest CAGR During the Forecast Period
Figure 20 Services Segment to Register A Higher CAGR During the Forecast Period
Figure 21 Software Tools Segment to Register A Higher CAGR During the Forecast Period
Figure 22 Managed Services Segment to Grow at A Higher CAGR During the Forecast Period
Figure 23 Cloud Segment to Exhibit A Higher CAGR During the Forecast Period
Figure 24 Analytics Segment to Grow at A Higher CAGR During the Forecast Period
Figure 25 Transportation and Logistics Vertical to Grow at the Highest CAGR During the Forecast Period
Figure 26 Asia Pacific to Register the Highest CAGR During the Forecast Period
Figure 27 India to Register the Highest CAGR During the Forecast Period
Figure 28 Asia Pacific to Grow at Highest Rate During the Forecast Period
Figure 29 North America: Market Snapshot
Figure 30 North America: Market, By Application
Figure 31 Europe: Market, By Application
Figure 32 Asia Pacific: Market Snapshot
Figure 33 Asia Pacific: Market, By Application
Figure 34 Event Stream Processing Market in Middle East and Africa, By Application
Figure 35 Latin America: Market, By Application
Figure 36 Key Developments By Leading Players in the Global Market
Figure 37 IBM Led the Event Stream Processing Market in 2018
Figure 38 IBM: Company Snapshot
Figure 39 SWOT Analysis: IBM
Figure 40 Microsoft: Company Snapshot
Figure 41 SWOT Analysis: Microsoft
Figure 42 Oracle: Company Snapshot
Figure 43 SWOT Analysis: Oracle
Figure 44 AWS: Company Snapshot
Figure 45 SWOT Analysis: AWS
Figure 46 SAP: Company Snapshot
Figure 47 SWOT Analysis: SAP
Figure 48 SAS: Company Snapshot
Figure 49 Google: Company Snapshot
Figure 50 Fico: Company Snapshot
Figure 51 Software AG: Company Snapshot
Figure 52 Red Hat: Company Snapshot
Figure 53 Salesforce: Company Snapshot

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  • AWS
  • Confluent
  • Dataartisans
  • Databricks
  • ESPertech
  • EVAM
  • Equalum
  • Fico
  • Google
  • Hitachi Vantara
  • IBM
  • Informatica
  • Microsoft
  • Oracle
  • Radicalbit
  • Red Hat
  • SAP
  • SAS Institute
  • Salesforce
  • Software AG
  • Sqlstream
  • Streamanalytix
  • Streamlio
  • Striim
  • Tibco
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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