IMARC Group has recently released a new research study titled “Manufacturing Analytics Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027“, The global manufacturing analytics market size reached US$ 8.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 27.6 Billion by 2027, exhibiting a growth rate (CAGR) of 21.4% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Manufacturing analytics collects and manipulates large amounts of data to achieve actionable insights in real-time. It relies on edge computing, predictive and big data analytics, industrial internet of things (IIoT), machine learning (ML), and to enable smarter, scalable factory solutions. Nowadays, manufacturing analytics is widely implemented across different industry verticals to ensure quality, enhance performance, increase yield, reduce costs, and optimize supply chains.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Manufacturing Analytics Market Trends and Drivers:
The global manufacturing analytics market is primarily driven by emerging automation trends in industrial processes and the growing volume of data. Manufacturing analytics help companies increase overall productivity and profitability. Besides this, the spread of the coronavirus disease (COVID-19) has resulted in supply chain disruptions and the temporary closure of various manufacturing units due to the imposition of lockdown by various governing agencies. This has prompted manufacturing entities across the globe to deploy smart manufacturing analytics solutions to mitigate the impact of the pandemic. On account of these factors, the market is anticipated to witness positive growth in the coming years.
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Manufacturing Analytics Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Alteryx Inc.
- General Electric
- International Business Machines Corporation
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- Sisense Inc.
- Tableau Software LLC (Salesforce.com Inc.)
- TIBCO Software Inc.
- Wipro Limited
- Zensar Technologies Ltd.
The report has segmented the market into the following categories:
Breakup by Component:
Breakup by Deployment Model:
Breakup by Application:
- Predictive Maintenance
- Inventory Management
- Supply Chain Optimization
Breakup by Industry Vertical:
- Semiconductor and Electronics
- Energy and Power
- Heavy Metal and Machine Manufacturing
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
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