-- The worldwide complex event processing 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%. Adoption of device-based computing, potential growth in demand for enterprise data, increase in requirement for compliance and verification, lesser data processing time by linking Service Oriented Architecture (SOA) and Event Driven Architecture (EDA) during deployment, personalization of technology, and increase in demand for client-oriented analytical tools are some of the prominent factors driving the adoption of CEP applications and services.
Complete report on global complex event processing market spread across 160 pages, profiling 10 companies and supported with 70 tables and 60 figures is now available at http://www.rnrmarketresearch.com/complex-event-processing-cep-market-algorithmic-trading-fraud-detection-sentiment-analysis-supply-chain-optimization-transportation-and-logistics-revenue-assurance-emergency-response-services-market-report.html .
Governance, risk, and compliance application is estimated to contribute the largest market share for the application market during the forecast period due to rising demand for enterprise systems. On-premise based CEP is the largest contributor than the cloud-based CEP but the latter is expected to surpass the former due to the higher adoption rate of cloud technologies. Managed services segment in the services segment is expected to grow at a highest CAGR during the forecast period.
Big data tools and analytics are increasingly contributing to the increasing popularity of CEP. 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. The growth of enterprise data is expected to grow massively in the upcoming 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.
Various key players in the CEP market profiled in the report are IBM Corporation; SAP SE; Oracle Corporation; TIBCO Software Inc.; SAS Institute, Inc.; Informatics Corporation; WSO2, Inc.; Nastel Technologies, Inc.; Red Hat, Inc.; Software AG; and EsperTech, Inc. Get discounted copy of 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 research report at http://www.rnrmarketresearch.com/contacts/discount?rname=112623 .
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (40%), Tier 2 (30%) and Tier 3 (25%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level (40%), Director Level (30%) and others (30%) from various key organizations operating in the global complex event processing market. The primary interviews were conducted worldwide covering regions such as North America (40%), Europe (25%), APAC (20%) and RoW (15%).
On a related note, another research titled Digital Asset Management Market Global Forecast to 2020 says, the rising demand for integrated solutions among users will help the DAM market grow significantly. Asia-Pacific (APAC) is expected to become one of the major adopters of DAM solutions by 2020. The global Digital Asset Management (DAM) market is to grow from USD 1.42 billion in 2015 to USD 5.36 billion by 2020, at a CAGR of 30.4%. Companies like OpenText , Oracle, Adobe Systems, ADAM, HP, IBM, EMC, Cognizant, NorthPlains and Widen have been profiled in this 162 pages research report available at http://www.rnrmarketresearch.com/digital-asset-management-market-by-solution-video-management-by-service-consulting-by-application-marketing-by-deployment-type-by-user-type-by-industry-government-and-by-region-global-forecast-to-2020-market-report.html .
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