Worldwide Event Stream Processing Software Forecast, 2023-2027

This IDC study provides a five-year forecast for the aggregate event stream processing software market and delivers insight into drivers of market growth for the 2023-2027 period. It also provides specific forecasts for the submarkets within event stream processing, as well as breakdowns by region and deployment type.According to Shari Lava, research director, Automation within the AI and Automation Group at IDC, "Event stream processing software is expected to grow as organizations look to make the most of cloud investments, continue their modernization journey, and deconstruct monoliths into microservices. Buyers have to solve challenges around data capture, flow, and analysis to bring real-time data into decision making."