Streaming Analytics Market Size, Share, Growth Analysis, By Component (Software, Services), By Deployment (Hosted, On-premises), By Application (Fraud Detection, Marketing & Sales), By Region -Industry Forecast 2024-2031

North America is anticipated to account for a substantial share of the global streaming analytics market. High real-time data generation, presence of a strong technological infrastructure, and high use of data-driven decision-making are some key factors that aid the dominance of North America on a global level. Canada and the United States are forecasted to be the top revenue-generating countries for streaming analytics providers operating in this region. The presence of multiple streaming analytics providers and tech giants such as Amazon, Facebook, and Google are also expected to contribute to the high share of this region over the coming years.

Rapid growth of the retail and e-commerce industry in the Asia Pacific region allows it to emerge as the fastest expanding market for streaming analytics companies. Rising real-time data generation, growing use of connected devices, and high emphasis on customer experience personalization in retail and e-commerce industry are some top factors generating new business scope in Asi Pacific. India and China are slated to be at the forefront of streaming analytics market forecast for this region with notable contributions from Japan, South Korea, Taiwan, and Indonesia as well. Rapidly increasing urbanization and digitization are estimated to keep the streaming analytics demand afloat in this region.