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Complex Event Processing (CEP) Market Worth $4,762 Million by 2019


News provided by

MarketsandMarkets

05 Nov, 2014, 13:30 GMT

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DALLAS, November 5, 2014 /PRNewswire/ --

According to new research report "Complex Event Processing (CEP) Market by Software, Services, Verticals & Applications (Algorithmic Trading, Fraud Detection, Sentiment Analysis, Supply Chain Optimization, Transportation and Logistics, Revenue Assurance, & Emergency Response Services) - Global forecast to 2019", published by MarketsandMarkets, defines and segments the global Complex Event Processing (CEP) market into various sub-segments with in-depth analysis and forecast of revenues. It also identifies drivers, opportunities and restraints for this market with insights into industry trends and their impacts over time.

Browse 70 market data tables and 50 figures spread through 166 pages and in-depth TOC on"Complex Event Processing (CEP) Market". 

http://www.marketsandmarkets.com/Market-Reports/complex-event-processing-cep-market-1229.html

Early buyers will receive 10% customization on this report. 

MarketsandMarkets has segmented the CEP market by type of services: installation and maintenance, training and certification, consulting services and others; by verticals in various verticals- BFSI: algorithmic trading, electronic transaction monitoring, dynamic pre‐trade analytics, data enrichment, fraud detection, governance, risk and compliance (GRC); healthcare: self-service proactive monitoring and alerting and governance, risk and compliance (GRC); transportation and logistics: asset management and predictive scheduling and toll system management; IT and telecommunication: mobile billboards, revenue assurance, network infrastructure monitoring and predictive CDR assessment; retail: inventory optimization, shoplifting detection and real-time marketing and customer engagement; energy and utilities: oil and gas operation management and nuclear crisis and smart grid energy management; manufacturing: shop floor automation and operational failure detection, datacenter infrastructure management and supply chain optimization; government, defense and aerospace: Intelligence and Security, emergency response services and geo-fencing and geospatial analysis; Others: includes airport and railroad; by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East Africa (MEA) and Latin America (LA).

The major forces driving this market are the unprecedented market risks, easy to deploy, need for customer oriented analytical tools and Big Data trends. Furthermore, in verticals such as healthcare, banking and finance exponential raise in real time customer data and transaction information demands for event monitoring and fast response system to maintain organizational processes. Organizations in industries such as healthcare, telecommunication, banking and capital market; are mandate to follow compliance standards such as FISMA, BASEL III, HIPPA, etc. Thus, by using CEP technology, organization can monitor and predict compliance risks in advance, which ensure smoothness of business processes and removes inconsistency.

While the CEP market is expected to rise at a steady pace across various verticals, some of the organizations such as TIBCO, Oracle, IBM and many other companies are already providing CEP technology in their current integrated middleware software product portfolio. Further, MarketsandMarkets expects that CEP technology will be integrated into cloud services in the long term, thereby creating customizable stack services and applications that facilitate quicker customer adoption of the same.

Further Inquiry @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1229

The Complex Event Processing (CEP) Market is expected to grow from $1,005 Million in 2014 to $4,762 Million in 2019. This represents a CAGR of 36.5% from 2014 to 2019. MarketsandMarkets observes that there is an increasing demand of CEP technology in government, defense and aerospace agencies due to the cost effectiveness and responsive operational technology, which can be integrated without disrupting traditional legacy system. Hence, even though the adoption of the CEP technology and is majorly seen in BFSI vertical, we expect that these solutions will continue to show steady growth in other verticals as well.

Browse Related Reports  

Cloud Analytics Market [Cloud BI; Cloud Business Intelligence] - Text; Web; Speech; Machine; Video; Predictive Analytics: Global Advancements, Delivery Models, Market Trends, Enterprise Roadmap, Market Forecasts & Analysis (2013 - 2018)

http://www.marketsandmarkets.com/Market-Reports/cloud-based-business-analytics-market-959.html

Big Data Market By Types (Hardware; Software; Services; BDaaS - HaaS; Analytics; Visualization as Service); By Software (Hadoop, Big Data Analytics and Databases, System Software (IMDB, IMC): Worldwide Forecasts & Analysis (2013 - 2018)

http://www.marketsandmarkets.com/Market-Reports/big-data-market-1068.html

About MarketsandMarkets  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

M&M's flagship competitive intelligence and market research platform, "RT" 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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it

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