Connect with us

Technology

Streaming Analytics Market size is set to grow by USD 39.7 billion from 2024-2028, Need to improve business efficiency to boost the market growth, Technavio

Published

on

NEW YORK, July 23, 2024 /PRNewswire/ — The global streaming analytics market  size is estimated to grow by USD 39.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 34.63% during the forecast period. Need to improve business efficiency is driving market growth, with a trend towards integration with ai and ml technologies. However, difficulty in integration of legacy systems with streaming analytics solutions  poses a challenge. Key market players include Adobe Inc., Alphabet Inc., Altair Engineering Inc., Amazon.com Inc., Cloudera Inc., Conviva Inc., Coralogix Ltd., Hewlett Packard Enterprise Co., Impetus Technologies Inc., Informatica Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Mphasis Ltd., Oracle Corp., SAP SE, SAS Institute Inc., Software AG, Striim International Inc., Teradata Corp., and TIBCO Software Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Deployment (Cloud and On premises), Type (Software and Services), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)

Region Covered

North America, APAC, Europe, Middle East and Africa, and South America

Key companies profiled

Adobe Inc., Alphabet Inc., Altair Engineering Inc., Amazon.com Inc., Cloudera Inc., Conviva Inc., Coralogix Ltd., Hewlett Packard Enterprise Co., Impetus Technologies Inc., Informatica Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Mphasis Ltd., Oracle Corp., SAP SE, SAS Institute Inc., Software AG, Striim International Inc., Teradata Corp., and TIBCO Software Inc.

Key Market Trends Fueling Growth

The streaming analytics market is witnessing notable growth due to the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies. This trend is enhancing the capabilities of streaming analytics solutions, enabling businesses to gain more accurate and predictive insights from their data. AI and ML technologies help identify patterns in real-time data and predict future trends, allowing businesses to take proactive measures. Additionally, they automate certain processes, reducing manual intervention and enabling faster, informed decision-making. For instance, Adobe’s experience platform AI Assistant uses a conversational interface to answer technical questions and automate tasks. This integration is expected to fuel market growth as businesses aim to gain a competitive edge. 

Streaming analytics is a modern trend in data processing, allowing organizations to analyze real-time data from various sources. Location intelligence is a key feature, enabling businesses to gain insights from geographic data. Metrics and modifications are crucial for optimizing production and demand in sectors like retail and telecom. On-premises and cloud solutions offer scalability and security, addressing technical drawbacks and compliance regulations. SMEs and startups benefit from advanced, AI-driven solutions for predictive modeling and automating business processes. Real-life experiences show that streaming analytics can improve operational efficiency, enhance customer experiences, and provide valuable data for strategic shifts in business logic. API integrations ensure seamless process models, while predictive models help organizations respond to real-time events and production demands. Security remains a priority, with solutions addressing potential breaches. Overall, streaming analytics is a game-changer for businesses looking to stay competitive in today’s market. 

Discover 360° analysis of this market. For complete information, schedule your consultation- Book Here!

Market Challenges

The generation and consumption of data are experiencing exponential growth worldwide, putting pressure on businesses to handle large volumes and varieties efficiently. While many companies have adopted big data and analytics, challenges persist in extracting and analyzing relevant data in real-time. To address this, organizations with mainframe and traditional systems are integrating these with streaming analytics platforms for real-time insights. However, integration poses challenges, particularly in ensuring information synchronization and maintaining the proper functioning of ingestion, stream processing, and delivery components. These challenges may hinder the growth of the global streaming analytics market.Streaming Analytics is a rapidly growing market, enabling businesses to process and analyze real-time data from continuous data streams. Advanced solutions now include AI and machine learning capabilities to automate decision-making processes, making it easier for departments to respond to customers’ needs and market trends. Cloud adoption is driving the market, offering scalable, cost-effective, and secure solutions. However, challenges persist, such as data accessibility, connectivity, and integration with legacy systems and APIs. Compliance regulations, cyber-attacks, and data privacy concerns add complexity. Businesses seek cloud solutions that provide ease of use, enhancements, and event-streaming analytics capabilities for commercial applications. Emerging technologies like IoT, digitalization, and digitization further expand the market’s potential, but require custom development and debugging. Financial impact is significant, with applications in fraud detection, healthcare, and financial services. Overall, streaming analytics offers significant benefits, but requires careful planning and implementation to maximize its value.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This streaming analytics market report extensively covers market segmentation by

Deployment 1.1 Cloud1.2 On premisesType 2.1 Software2.2 ServicesGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Cloud-  The Streaming Analytics market is growing rapidly as businesses seek real-time insights from their data. This technology enables organizations to process and analyze data in motion, improving operational efficiency and enhancing decision-making capabilities. Companies across industries, including finance, retail, and healthcare, are adopting streaming analytics to gain a competitive edge. By analyzing data in real-time, businesses can identify trends, detect anomalies, and respond quickly to changing market conditions. Streaming analytics solutions provide valuable insights, enabling businesses to make informed decisions and improve overall performance.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global online data science training programs market is experiencing significant growth, driven by increasing demand for data science skills across industries. Simultaneously, the global data science platform market is expanding rapidly, with key players offering innovative tools to manage and analyze big data. Additionally, the global music streaming market continues to soar, fueled by advancements in technology and changing consumer preferences. These markets present lucrative opportunities for businesses and investors, reflecting the evolving landscape of technology and digital services.

Research Analysis

The Streaming Analytics market is experiencing significant growth due to the increasing need for real-time data processing and analysis in various industries. APIs enable seamless data connectivity between systems, making it easier for businesses to incorporate streaming analytics into their operations. Both large enterprises and small & medium enterprises are embracing cloud solutions for cost-effective and scalable streaming analytics. Digitalization and emerging technologies like IoT, AI, and big data are driving the strategic shift towards real-time analytics. Legacy systems are being replaced with modern streaming analytics solutions to improve production and demand forecasting, resulting in a financial impact. Retail sector is a major adopter of streaming analytics to prevent fraud cases and enhance customer experience. The market is expected to continue growing as more industries recognize the benefits of real-time data processing and analysis.

Market Research Overview

The Streaming Analytics market is experiencing significant growth as businesses seek advanced solutions to process and analyze continuous data streams in real-time. AI and machine learning technologies are driving innovation, enabling automated decision-making processes and compliance with regulatory requirements. Cloud adoption is a major trend, with Cloud solutions offering ease of use, scalability, and cost savings. API integration and data connectivity are crucial for data accessibility and integration, while data privacy and security are top concerns. Emerging technologies like IoT, Location Intelligence, and predictive models are transforming industries such as healthcare, retail, and telecom. SMEs and startups are also adopting streaming analytics for commercial applications, optimizing business processes, and gaining valuable insights from real-time data. However, technical challenges such as legacy infrastructure and cyber-attacks remain, requiring ongoing enhancements and modifications. The strategic shift towards digitization and modernization is driving the market forward, with real-life experiences demonstrating the financial impact of streamlined decision-making processes and improved operational efficiency.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentCloudOn PremisesTypeSoftwareServicesGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/streaming-analytics-market-size-is-set-to-grow-by-usd-39-7-billion-from-2024-2028–need-to-improve-business-efficiency-to-boost-the-market-growth-technavio-302202816.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

American Solar Energy Society Launches National Solar Tour App for Attendees

Published

on

By

BOULDER, Colo., Sept. 28, 2024 /PRNewswire/ — The American Solar Energy Society (ASES) has launched the brand-new National Solar Tour App, now available for download on both the Apple App Store and Google Play Store. This cutting-edge app is designed to enhance the experience for attendees of the National Solar Tour, providing a streamlined way to explore and engage with solar and other clean energy installations and sustainable technologies across the country.

The National Solar Tour is the largest grassroots solar event in the United States, connecting thousands of people to learn about solar energy and sustainable solutions from those who live and work with it every day. The showcase weekend traditionally takes place the first weekend in October but is held virtually throughout the year. The new app will make attending the tour even more accessible and interactive for clean energy enthusiasts wanting to learn more about solar energy.

Key Features of the National Solar Tour App:

Interactive Map: Easily browse the ASES National Solar Tour map to find examples of the many types of solar energy and other energy-saving technology near you.RSVP to In-Person Tours: Conveniently RSVP to in-person events and plan your tour stops.Seamless Navigation: Effortlessly navigate to tour sites using your favorite maps app.

“This app opens new doors for clean energy supporters to connect with solar innovations firsthand,” says Carly Rixham, Executive Director of the American Solar Energy Society. “It’s designed to create an engaging experience for tour attendees and make the discovery of local solar projects even more accessible and exciting.”

The app is only intended for National Solar Tour attendees. Tour hosts should continue managing their site and event listings through the existing web portal at map.nationalsolartour.org.

Whether you’re a homeowner curious about installing solar panels or a business interested in adopting clean energy solutions, the National Solar Tour App will guide you to events and installations that inspire sustainable action.

Download the App Today:

Apple App Store: Download for iOSGoogle Play Store: Download for Android

For more information, visit nationalsolartour.org and follow us on social media for updates. The main showcase weekend is October 4-6, but tours take place all throughout the year and can be found on the National Solar Tour Map.

About American Solar Energy Society
The American Solar Energy Society (ASES) is a leading nonprofit advocating for sustainable living and 100% renewable energy. Since 1954, ASES has worked to accelerate the transition to a renewable energy economy through education, policy advocacy, and community events, including the annual National Solar Tour, annual National Solar Conference, and Solar Today Magazine.

Contact Information
For media inquiries, please contact:
solartour@ases.org
303-443-3130
Website: https://www.ases.org

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/american-solar-energy-society-launches-national-solar-tour-app-for-attendees-302261669.html

SOURCE American Solar Energy Society

Continue Reading

Technology

DIGITIMES Asia: Qualcomm circles Intel for takeover: biting off more than it can chew?

Published

on

By

TAIPEI, Sept. 28, 2024 /PRNewswire/ — The Wall Street Journal reported that Qualcomm has approached Intel for a potential takeover, a story later verified by CNBC. While the news initially sparked a 3% rally in Intel’s share price, significant doubts remain about the feasibility of such a deal.

According to the news report from the technology-focused media DIGITIMES Asia, a takeover could offer strategic value for Qualcomm, but the complexities of acquiring a company of Intel’s size and stature raise numerous questions. Here are the key challenges Qualcomm would need to overcome to make the deal successful:

Regulatory approval

One of the most significant obstacles is likely to be regulatory scrutiny. Given Intel’s size and market position in the semiconductor industry, antitrust authorities in multiple jurisdictions would carefully evaluate any acquisition. Concerns about market monopolization could lead to regulatory pushback or even prevent the merger altogether.

The semiconductor industry is heavily regulated, and any significant changes to the structure or operations of Intel’s foundry could attract scrutiny from antitrust authorities. Qualcomm would need to ensure that any divestitures or restructuring do not violate competition laws, particularly given Intel’s prominent position in the market.

Some argue that Qualcomm’s takeover bid could survive the competition law review because Intel is facing financial difficulties, and the two companies do not compete in the same market spaces, except for PC CPUs. However, the deal would still need to go through reviews in other countries, including China, whose passive disapproval led to the failure of Intel’s acquisition of Tower Semiconductor.

Intel’s internal resistance

Intel’s management may resist a takeover, particularly if they believe the company can turn its fortunes around independently. Qualcomm’s bid could face significant challenges if Intel’s leadership does not support the acquisition or sees it as strategically disadvantageous.

Market reaction, stakeholder support, and existing industry relationships

The success of a bid often relies on the reactions of shareholders and market stakeholders. If Intel’s shareholders see more value in maintaining independence or if there is skepticism about the strategic fit of Qualcomm acquiring Intel, this could lead to difficulties in securing the necessary support for the acquisition.

Qualcomm may need to navigate Intel’s existing relationships with its customers, partners, and suppliers, especially if those entities are concerned about the implications of a takeover.

For example, Intel’s foundry business may have existing contracts with third-party clients, including the recently announced AWS deal. If Qualcomm decides to scale back or eliminate this segment, it could lead to legal disputes or loss of revenue from already established contracts, impacting Qualcomm’s cash flow.

Financial viability

Qualcomm would need to ensure that it has the financial resources to make a competitive bid for Intel while also addressing any existing debts or liabilities Intel carries. According to Qualcomm’s financial report for the third quarter of its fiscal 2024, the three months to June 23, the company had only US$7.8 billion in cash and cash equivalents at its disposal and just over US$23 billion in total assets.

With Intel’s market value around US$93 billion, a stock-for-stock transaction is most likely for the takeover. However, Qualcomm would have to convince investors and financial institutions of the potential profitability of the acquisition, considering Intel’s financial struggles with its foundry business.

Strategic and operational alignment

The takeover offers Qualcomm numerous benefits, including a vast portfolio of intellectual properties (IPs), a significant market share in the PC chip market, and an accelerated entry into edge AI computing, a promising area for future growth.

However, merging two large organizations with distinct cultures and operational methods always presents significant challenges. Qualcomm would need to develop a comprehensive integration plan to address potential disruptions and ensure a smooth transition.

While Qualcomm’s bid to acquire Intel could theoretically provide a significant advantage in the competitive semiconductor landscape, several formidable challenges stand in the way. The success of the takeover would depend on a favorable regulatory environment, the response of Intel’s management and shareholders, solid financial backing, and a well-defined strategy that highlights the expected benefits of the consolidation.

Given the complexities involved, predicting whether Qualcomm’s bid would succeed is challenging, and it could ultimately require careful negotiation, strategic planning, and a willingness to adapt to the responses of various stakeholders.

Original link: https://www.digitimes.com/news/a20240922VL200.html

View original content to download multimedia:https://www.prnewswire.com/news-releases/digitimes-asia-qualcomm-circles-intel-for-takeover-biting-off-more-than-it-can-chew-302261672.html

SOURCE DIGITIMES ASIA

Continue Reading

Technology

Luvme Hair Celebrates 10th Anniversary with Final Mega Sale

Published

on

By

Luvme Hair celebrates its 10th anniversary with a Final Mega Sale, offering customers exclusive discounts of up to $110 off and special gifts. From September 24 to September 29, 2024 (EST), the sale applies to all products, including the brand’s premium wigs and hair extensions. Founder Helena Lee expressed gratitude to the loyal customers who have supported the brand over the past decade, highlighting the sale as a way to give back. For more details and to participate, visit the official Luvme Hair website.

NEW YORK, Sept. 28, 2024 /PRNewswire-PRWeb/ — Luvme Hair, a leading brand in the human hair wigs industry, proudly celebrates its 10th anniversary with a Final Mega Sale, offering exclusive discounts and gifts as part of its anniversary celebration. The event provides new and returning customers the chance to enjoy significant savings across all product categories.

Event Details:

Event Duration: September 24September 29, 2024 (EST)

Discounts: Up to $110 off

Discount Codes:

Spend $139, get $20 off with code: 10TH20Spend $179, get $30 off with code: 10TH30Spend $279, get $60 off with code: 10TH60Spend $389, get $110 off with code: 10TH110

Applicable Products: All products sitewide

Event Link: https://shop.luvmehair.com/collections/luvmehair-wig-sale

The Final Mega Sale marks the culmination of Luvme Hair’s 10th-anniversary celebration and offers a unique opportunity for customers to experience premium-quality wigs, extensions, and accessories at reduced prices. The upgraded discount structure allows shoppers to save more as they spend more, making this event the perfect time to invest in high-quality, versatile human hair wigs.

Visit the official Luvme Hair website, apply discount codes at checkout, and enjoy savings of up to $110.

Helena Lee, the founder of Luvme Hair, shared her thoughts on the 10th anniversary: “Celebrating this milestone reflects the loyalty and support that Luvme Hair has received over the past 10 years. The Final Sale is a way to give back to our customers by offering enhanced savings and gifts. We are excited to continue empowering individuals through our wigs and hair extensions and look forward to many more years of innovation.”

About Luvme Hair:

Luvme Hair is a reputable brand in the hair wigs industry, known for its high-quality human hair wigs, glueless wigs, curly wigs, bob wigs, Bundles With Closure and clip in hair extensions that allow individuals to effortlessly switch up their looks. With a focus on innovation, creativity, quality, and customer satisfaction, Luvme Hair has garnered a loyal customer base globally, with over 2 million satisfied customers. For more information about Luvme Hair and its products, please visit their official website at Luvme Hair.

Media Contact

Jian Mei, Luvme Hair, 1 13016070827, tgyxzx808@gmail.com, Luvme Hair

View original content:https://www.prweb.com/releases/luvme-hair-celebrates-10th-anniversary-with-final-mega-sale-302260675.html

SOURCE Luvme Hair

Continue Reading

Trending