While the CEP market is expected to rise at a steady pace across various verticals, some of the
organizations such as TIBCO, Oracle, IBM and many other companies are already providing
CEP technology in their current integrated middleware software product portfolio. Further,
MarketsandMarkets expects that CEP technology will be integrated into cloud services in the
long term, thereby creating customizable stack services and applications that facilitate quicker
customer adoption of the same.
MarketsandMarkets observes that there is an increasing demand of CEP technology in
government, defense and aerospace agencies due to the cost effectiveness and responsive
operational technology which can be integrated without disrupting traditional legacy system.
Hence, even though the adoption of the CEP technology and is majorly seen in BFSI vertical, we
expect that these solutions will continue to show steady growth in other verticals as well.
The Complex Event Processing (CEP) market is estimated to grow from $ 764.5 million in 2013
to $3,322.0 million in 2018. This represents a Compounded Annual Growth Rate (CAGR) of
34.2% from 2013 to 2018. In the current scenario, government and BFSI vertical continues to
grow and are the largest contributor for Complex Event Processing (CEP) software solutions. In
terms of regional growth, North America is expected to be the biggest market in terms of
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