Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Complex Event Processing (CEP) Market will reach 4.95 Billion USD by 2020

Author: Simran Kaur
by Simran Kaur
Posted: Aug 22, 2019

According to a new market research report "Complex Event Processing Market by Application (Fraud detection, Algorithmic Trading, Dynamic pre-trade analytics), Service (Consulting, Installation and Maintenance), Deployment, Vertical, User type, Region - Global Forecast to 2020", The market is estimated to grow from USD 1.28 Billion in 2015 to USD 4.95 Billion by 2020, at an estimated compound annual growth rate (CAGR) of 31.1%. CEP applications allow integration of data from diverse sources such as an organization’s internal sub-systems and web-based contents, perform analytics over the data, and respond accordingly in real-time. The rising demand for improved automation of business processes and their execution in compliance with business and government policies are the driving forces of the CEP market.

Browse 70 market data Tables and 60 Figures spread through 160 Pages and in-depth TOC on "Complex Event Processing Market by Application (Fraud detection, Algorithmic Trading, Dynamic pre-trade analytics), Service (Consulting, Installation and Maintenance), Deployment, Vertical, User type, Region - Global Forecast to 2020"

Request PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1229

The biggest challenge for CEP is the diversified governmental regulations and policies present across domestic and international borders which continually are subjected to variation. The vendors in the CEP market are continuously innovating and remodelling their present architecture to develop more proficient and advanced applications.

Potential growth in demand for enterprise data

Modern enterprises are becoming more and more data oriented. They rely too much on their enterprise data for business decision making. Enterprises nowadays generate huge volume of data every day. Whether it is customer relationship management, transaction processing system, supply chain management or any other enterprise grade system, all generate mass volume of data. The growth of enterprise data is expected to rise massively in the coming years, increasing the demand for fast complex event processing tools. Moreover, IoT-based solutions where high volume of data gets generated every second will foster the adoption rate of complex event processing software in the upcoming years.

The North America region is expected to contribute the maximum market share to the overall CEP market.

This market is in the growing stage in Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America, therefore CEP applications in these regions have immense scope for enhancement. Moreover, there is huge return on investment in the CEP market as opportunities for augmented performance are always increasing, hence CEP application vendors continue to visualize more effectively on the need for applications and services across all the regions.

CEP market has been segmented into applications, deployment models, service types, user types, industries, and regions. Applications of CEP include algorithmic trading; electronic transaction monitoring; dynamic pre-trade analytics; data enrichment; fraud detection; governance, risk and compliance; asset management and predictive scheduling; geo-fencing and geospatial analysis. Deployment models are segmented into cloud and on-premise. Service types are consulting; installation and maintenance; training and support; and managed service.

User types are segmented into Small and Medium Enterprises (SMEs), and large enterprises. Industries are further classified into Banking, Financial Services and Insurance (BFSI); transportation and logistics; healthcare; IT and telecommunication; retail; energy and utilities; manufacturing; government, and aerospace and defense; and others. Furthermore, the report classifies the market according to the regions of North America, Europe, APAC, MEA, and Latin America.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

Visit Our Website: https://www.marketsandmarkets.com

Content Source: https://www.marketsandmarkets.com/PressReleases/complex-event-processing-cep.asp
About the Author

I am fashion designer complete graduation from Bangalore University in fashion, currently, I have more than 3 years experience in writing, skills, content about the lifestyle, fashion, design, clothes, apparel, and trending worlds

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Simran Kaur

Simran Kaur

Member since: Aug 19, 2019
Published articles: 3

Related Articles