Complex event processing Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Complex event processing is an emerging network technology that involves a method of combining data from multiple sources in order to infer patterns that suggest complicated circumstances. Complex event processing provides organizations the ability to deal with threats, opportunities, exceptional condition and situations, define, predict, and manage events. The process of analyzing data takes large amount of time. With the growing need of high speed and responsive technology complex event processing technology has evolved to its best form which also drive the complex event processing market.
The major driving factor of complex event processing market involves the need for customer oriented analytical tools and ease of deployment. In addition, industries such as telecommunication, finance, healthcare, and banking deal with real time consumer transaction and data, hence there is growing demand for event monitoring to maintain the organizational process. These industries follow standards such as HIPPA, BASEL III, and FISMA. Usage of complex event processing technology can help organizations predict and monitor risk in advance thereby removing inconsistency and ensuring smoothness of business process. The major restrain of complex event processing market is that development of underlying complex event processing technology is time consuming. However, some complex event processing technologies are deployed on cloud which is free of cost. Due to the cost effectiveness of complex event processing technology government, defense, and aerospace are expected to use this technology in near future.
Based on type, complex event processing market is segmented into operation oriented, detection oriented, and hybrid. North America is expected to be largest complex event processing market followed by Europe and Asia Pacific.
The prominent players in the complex event processing market include Nastel Technologies, Lockheed Martin, Fujitsu, Cisco, Informatica, Microsoft, IBM, Redhat, Oracle, Radware, Software AG, Tibco, SI Corporation, and Vitria Technologies.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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