DUBLIN, March 2, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/36kwp7/global_complex) has announced the addition of the "Global Complex Event Processing (CEP) Market: Trends and Forecasts (2015-2020)" report to their offering.
The global CEP market is expected to grow from $1.41 Billion in 2015 to $5.12 Billion in 2020, at a CAGR of 29.41% during the period 2015 to 2020.
Complex Event Processing (CEP) is a method of processing data combined from multiple sources to extract meaningful patterns or trends from them. These meaningful trends are referred to as threats. The process has gained prominence now than it ever had, since the internet revolution is in full swing now and the risk of frauds in online transactions has increased drastically due to the complexity of online transactions and activities.
Barring a few minor constraints, the opportunities in this technology are many. The technology has yet to realize its optimum potential in automating business process based on rule based algorithms and more efficient integration with business program management. The primary aim is to find a trade-off between the accuracy of the processing and the run time.
The internet Revolution, developments in the field of machine Learning and data Analytics and a rise in the risk and complexity of the web are the factors which are making the CEP market to grow lucratively in the coming future. Lack of consistency in results, the difficulty in generating a fool-proof system and event data management are the factors hindering the growth of CEP market.
Automate business processes on rule-based algorithm, need to reduce process complexity, and better integration with business program management are the growth opportunities for CEP market.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Market Segmentation
7. Competitive Intelligence
- Tibco Software, Inc.
- Huawei Technologies
- Sap Esp
8. Market Trends And Projections
For more information visit http://www.researchandmarkets.com/research/36kwp7/global_complex
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SOURCE Research and Markets