The North America Streaming Analytics Market is expected to witness market growth of 27.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Streaming Analytics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $40.46 billion by 2031. The Canada market is experiencing a CAGR of 29.7% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 28.8% during 2024-2031.
The Streaming Analytics Market is an emerging segment within the broader analytics and data processing industry, driven by the need for real-time data processing and analysis. This market is rapidly growing due to the increasing volumes of data generated by organizations, especially in industries like telecommunications, financial services, retail, manufacturing, and healthcare.
Additionally, Real-time analytics allows organizations to make instant decisions, derive actionable insights, and improve overall efficiency in operations, marketing, customer engagement, and other business processes. Streaming analytics, also called event stream processing or real-time analytics, is a method of continuously processing large volumes of data and extracting meaningful insights from it. This capability is essential for businesses to respond swiftly to dynamic market conditions, optimize operations, and gain a competitive edge.
The Streaming Analytics Market is witnessing significant growth due to the increasing demand for real-time data processing and analysis across various sectors. Two key drivers of this growth are the expanding entertainment industry in Canada and the rapidly increasing e-commerce sector in Mexico. According to Statistics Canada, the film, television, and video production sector generated $11.3 billion in operating revenue in 2021, a 20.2% increase from the previous year. Television productions accounted for 59.2% of all production income in 2021, up slightly from 59.1% in 2019, while feature films represented 22.6% of total production revenue, showing a modest increase.
The US market dominated the North America Streaming Analytics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $40.46 billion by 2031. The Canada market is experiencing a CAGR of 29.7% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 28.8% during 2024-2031.
The Streaming Analytics Market is an emerging segment within the broader analytics and data processing industry, driven by the need for real-time data processing and analysis. This market is rapidly growing due to the increasing volumes of data generated by organizations, especially in industries like telecommunications, financial services, retail, manufacturing, and healthcare.
Additionally, Real-time analytics allows organizations to make instant decisions, derive actionable insights, and improve overall efficiency in operations, marketing, customer engagement, and other business processes. Streaming analytics, also called event stream processing or real-time analytics, is a method of continuously processing large volumes of data and extracting meaningful insights from it. This capability is essential for businesses to respond swiftly to dynamic market conditions, optimize operations, and gain a competitive edge.
The Streaming Analytics Market is witnessing significant growth due to the increasing demand for real-time data processing and analysis across various sectors. Two key drivers of this growth are the expanding entertainment industry in Canada and the rapidly increasing e-commerce sector in Mexico. According to Statistics Canada, the film, television, and video production sector generated $11.3 billion in operating revenue in 2021, a 20.2% increase from the previous year. Television productions accounted for 59.2% of all production income in 2021, up slightly from 59.1% in 2019, while feature films represented 22.6% of total production revenue, showing a modest increase.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Hewlett Packard Enterprise Company
- IBM Corporation
- Google LLC
- SAS Institute, Inc.
- Oracle Corporation
- Software AG
- SAP SE
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
Market Report Segmentation
By Deployment
- Hosted
- On-Premise
By Component
- Software
- Services
- Professional Services
- Managed Services
- Other Services
By End Use
- BFSI
- IT & Telecom
- Retail
- Healthcare
- Government
- Media & Entertainment
- Education & Other End Use
By Application
- Fraud Detection
- Marketing & Sales
- Risk Management
- Predictive Asset Management
- Network Management & Optimization
- Location Intelligence
- Supply Chain Management
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Streaming Analytics Market by Deployment
Chapter 6. North America Streaming Analytics Market by Component
Chapter 7. North America Streaming Analytics Market by End Use
Chapter 8. North America Streaming Analytics Market by Application
Chapter 9. North America Streaming Analytics Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Hewlett Packard Enterprise Company
- IBM Corporation
- Google LLC
- SAS Institute, Inc.
- Oracle Corporation
- Software AG
- SAP SE
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
Methodology
LOADING...
