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Global Complex Event Processing Market 2017-2021: Key Vendors are IBM, Oracle & SAP - Research and Markets

[September 13, 2017]

Global Complex Event Processing Market 2017-2021: Key Vendors are IBM, Oracle & SAP - Research and Markets

The "Global Complex Event Processing Market 2017-2021" report has been added to Research and Markets' offering.

The global complex event processing market is forecast to grow at a CAGR of 18.42% during the period 2017-2021.

The report, Global Complex Event Processing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is technological advances leading to affordable sensors. Advances in sensor technologies and innovations in material sciences have led to the proliferation of different types of sensors. Expansion in sensor types has boosted the availability and affordability of sensors for all industries. Sensor technologies have advanced in terms of miniaturization, energy consumption, performance, and costs.

According to the report, one drier in the market is increased use of complex event processing for security purposes. Complex event processing has wide usage in maintaining security and in fraud detection in the digital world. Fraud detection requires complex and time-consuming knowledge about finance, economics, business practices, and law. In the cyber world, fraud detection is analyzed using a mix of statistics, complex event processing, and artificial intelligence. Complex event processing has three major steps that help increase cyber security. The three steps include event tracking, detection of the situation, and then responding using predictive analytics.

Key vendors