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(I-SoftwareNews.Com, May 19, 2018 ) The Complex Event Processing market is estimated to grow from USD 1.28 Billion in 2015 to USD 4.95 Billion by 2020 with a compound annual growth rate (CAGR) of 31.1%. The report on the CEP market considered 2014 as the base year and the forecast period from 2015 to 2020. CEP tools aims at integrating data from diverse sources, apply analytics on the data, and respond in real-time.
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The CEP tools benefits end-users through improved automation of business processes, and executing them in compliance with business and government policies. The report aims at estimating the market size and future growth opportunities of the CEP market across different segments, such as applications, deployment models, service types, user-types, industries, and regions.
Major players in the CEP were identified across various regions along with their offerings and distribution channel; regional presence is understood through in-depth discussions. Also, average revenue generated by these companies, segmented on the basis of regions, was employed to arrive at the overall Complex Event Processing market size.
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This overall market size is used in the top-down procedure to estimate the sizes of other individual markets (applications and services) via percentage splits from secondary and primary research. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews of industry leaders, such as CEOs, VPs, directors, and marketing executives for key insights.
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Source: EmailWire.Com
Source: EmailWire.com
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