Event Stream Processing Market Size, Share, Growth, Trends, and Forecast 2032

Event Stream Processing Market: Size

The global Event Stream Processing market size was worth around USD 2.02 billion in 2023 and is predicted to grow to around USD 7.40 billion by 2032 with a compound annual growth rate (CAGR) of roughly 15.5% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Event Stream Processing market on a global and regional level.

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Event Stream Processing Market: Overview

Emerging opportunities and competitive pressure are leading organizations to make decisions based on new technologies like Apache Spark and Kafka. The launch of various new event stream processing platforms and solutions have created confusion in the global market about the essential disciplines and technologies that are needed to find an opportunity or modify a risk before it is too late.

The factors driving the growth of the global event stream processing market include rising investments in startups, increasing adoption of smart devices, and accelerating demand for Internet of Things (IoT). Currently, the proliferation of smart devices, especially spearheaded by Amazon and Google products that are backed by numerous quirky startups, is at the forefront of smart home-based technologies. Furthermore, the number of people adopting the idea of smart-home technology will rise in the future. According to a recent study, nearly 71% of Intel consumers will own at least one smart device per house by 2025. However, intense completion among the market players and lack of integration with outdated architecture may hamper the adoption of event stream processing solutions in the developing economies, thereby negatively affecting this market’s growth.

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Event Stream Processing Market: Segmentation

The study provides a crucial view of the event stream processing by segmenting the market based on type, component, deployment mode, application, and region. All the segments of event stream processing market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on the type, the global event stream processing market is bifurcated into analytics and data integration.

The component segment of the global event stream processing market includes solutions and services.

The deployment mode segment is divided into cloud and on-premises.

By application, the market includes algorithmic trading, fraud detection, network monitoring, predictive maintenance, sales and marketing, and others.

Event Stream Processing Market: Report Scope

Event Stream Processing Market: Regional Analysis

The regional segment comprises the current and forecast demand for the Middle East and Africa, North America, Asia Pacific, Latin America, and Europe.

By region, North America is expected to witness notable growth in the global event stream processing market in the upcoming years, owing to the mobility among the enterprises. This, in turn, has enabled various businesses to deploy the event stream processing tools and platforms. The Asia Pacific event stream processing market is estimated to depict the highest growth rate over the forecast time period, due to the growing inclination toward event stream processing solutions among the small- and medium-sized enterprises and the rising use of connected devices and Internet of Things (IoT) in China and India.

Event Stream Processing Market: Competitive Players

Some noticeable players of the global event stream processing market include

• Google
• IBM
• Microsoft
• SAS, Oracle
• SAP
• Informatica
• TIBCO
• Hitachi Vantara
• Software AG
• AWS
• Redhat
• Salesforce
• Impetus Technologies
• FICO
• Radicalbit
• data Artisans
• Equalum
• Streamlio
• Striim
• EVAM
• Confluent
• SQL Stream
• Databricks
• and EsperTech.

This report segments the global event stream processing market into:

Global Event Stream Processing Market: Type Analysis

• Analytics
• Data Integration

Global Event Stream Processing Market: Component Analysis

• Solutions
• Services

Global Event Stream Processing Market: Deployment Mode Analysis

• Cloud
• On-Premises

Global Event Stream Processing Market: Application Analysis

• Algorithmic Trading
• Fraud Detection
• Network Monitoring
• Predictive Maintenance
• Sales and Marketing
• Others

Global Event Stream Processing Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa