Friday, August 30, 2013

New market research on the event processing market by Markets&Markets

It seems that there is a new comprehensive market research on the event processing market in the years 2013-2018 by Markets and Markets.  I don't have the market research itself (it is quite expensive), but the site gives some details, according to the report,  Markets&Markets forecast that  the "CEP  market"  is expected to grow from $764.5 million in 2013 to $3,322.0 million in 2018.  I wonder what this figures represent, it seems that this is beyond the accumulative sales of event processing platforms. 

They also classify the market according to the following verticals: 

BFSI: algorithmic trading, electronic transaction monitoring, dynamic pretrade analytics, data enrichment, fraud detection, governance, risk and compliance (GRC); 

Transportation and Logistics: asset management and predictive scheduling and toll system management; healthcare: self-service proactive monitoring and alerting and governance, risk and compliance (GRC); 

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, infrastructure management and supply chain optimization; 

Government, defense and aerospace: Intelligence and Security, emergency response services and geo-fencing and geospatial analysis; 

Others: includes education and research

Hope to get more insight towards this research.