Event Stream Processing (ESP) Market By Type (Analytics and Data Integration), Application (Sales & Marketing, Fraud Detection, Network Monitoring, Predictive Maintenance, Algorithmic Trading and Other Applications) and Vertical (Transportation & Logistics, Banking, Financial Services, & Insurance, Energy & Utilities, IT & Telecommunications, Manufacturing, Retail & Ecommerce and Other Verticals) - Global Industry Analysis And Forecast To 2025
The event stream processing, referred to as ESP, is the set of innovations intended to help the development of the systems of event-driven information. The ESP advancements incorporate event databases, event visualization, event processing languages, and event-driven middleware, or the complex event processing (CEP). Practically, the terms CEP and ESP are regularly utilized interchangeably. The ESP manages the undertaking of preparing streams of the event information with the objective of distinguishing the significant pattern inside those streams, utilizing methods, for example, event correlation, event hierarchies, and different angles, for example, membership, timing and causality. Therefore, the Event Stream Processing (ESP) Market is anticipated to expand and has tremendous scope during the forecast period. The global Event Stream Processing (ESP) Market anticipated to flourish in the future by growing at a significantly higher CAGR.
By Type the market is segmented into Analytics and Data Integration.
By Application the market is segmented into Sales & Marketing, Fraud Detection, Network Monitoring, Predictive Maintenance, Algorithmic Trading and Other Applications.
By End User the market is segmented into Transportation & Logistics, Banking, Financial Services, & Insurance, Energy & Utilities, IT & Telecommunications, Manufacturing, Retail & Ecommerce and Other Verticals. The Banking, Financial Services, & Insurance section is leading the market due to increasing utilization by various banks & financial institutions, various benefits of the solutions for the BFSI, etc.
The North American region is leading the global Event Stream Processing (ESP) Market owing to more advancement in the technology, increasing utilization of the Internet of Things (IoT) & other connected devices, increase in the number of initiatives by the government and few other factors.
Event Stream Processing (ESP) Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?