The global industrial analytics market is projected to reach usd 42.3 billion by 2025, growing at a cagr of 17.89% from 2017 to 2025 and top key players are . Hewlett packard enterprise , sap se, microsoft corporation , hitachi, ltd., tibco software, inc.

The Global Industrial Analytics Market was valued at USD 9.63 billion in 2016 and is projected to reach USD 42.3 billion by 2025, growing at a CAGR of 17.89% from 2017 to 2025. Industrial Analytics is the collection, analysis and usage of data generated in industrial operations and throughout the entire product lifecycle, applicable to any company that is manufacturing and selling physical products. It involves traditional methods of data capture and statistical modeling. With an industrial analytics solution, organizations can gain insights into their assets and processes, have high level of performance monitoring to the most granular investigations, provides safety and efficiency, objective performance prediction, automated monitoring and knowledge retention, and helps in better decision making.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Rising smart data-driven organizations
1.2 Reduced costs
1.3 Emergence of advanced data analytics techniques
1.4 Introduction of fourth industrial revolution, Industry 4.0
2. Market Restraints
2.1 Lack of technical expertise
2.2 Concerns for data quality and security
2.3 Analytical process complexities
2.4 Poor integration with enterprises

Market Segmentation:
The Global Industrial Analytics Market is segmented on the analytics type, organization size, component, deployment model, vertical, and region.

1. Analytics Type:
1.1 Predictive
1.2 Prescriptive
1.3 Descriptive
1.4 Diagnostic

2. Organization Size:
2.1 Large Enterprises
2.2 Small and Medium Organizations

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3. By Component:
3.1 Software
3.2 Services
3.2.1 Managed services
3.2.2 Professional services
3.2.2.1 Support and maintenance services
3.2.2.2 Consulting services

4. By Deployment Mode:
4.1 Cloud-based
4.2 On-premises

5. By Vertical:
5.1 IT and Telecom
5.2 Energy and Utilities
5.3 Transportation and Logistics
5.4 Retail and Consumer Goods
5.5 Manufacturing
5.6 Others

6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Hewlett Packard Enterprise
2. SAP SE
3. Microsoft Corporation
4. Hitachi, Ltd.
5. Tibco Software, Inc.
6. PTC, Inc.
7. AGT International GmbH
8. IBM Corporation
9. SAS Institute, Inc
10. General Electric Company
11. Intel Corporation
12. Bridgei2i Analytics Solutions
13. Cisco Systems, Inc.
14. Oracle Corporation
15. Alteryx, Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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