Press release
Manufacturing Predictive Analytics Market Anticipated to Grow Rapidly During 2027 - Top Companies Civis Analytics, Fair Isaac, IBM, Microsoft, Oracle, RapidMiner, SAP SE, SAS Institute and TIBCO Software
Manufacturing Predictive Analytics Market
The predictive analytics is the analysis of the collected and incoming data to identify potential problems at an early stage. The predictive analytics in manufacturing can help significantly in quality control while also reducing production costs by minimizing waste arising due to overproduction, logistics, idle time, and unnecessary motion. Positive economic outlook and rapid globalization are expected to boost the growth of the manufacturing predictive analytics market during the forecast period.
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The manufacturing predictive analytics market is foreseen to flourish in the forecast period owing to driving factors such as growth in digitalization coupled with government initiatives favoring big data projects. Growth in the industrial internet of things (IIoT) devices is expected to propel the market demand. However, data security concerns may hamper the growth of the manufacturing predictive analytics market during the forecast period. Nevertheless, data-driven organizations offer lucrative opportunities for the growth of the manufacturing predictive analytics market during the forecast period.
Top Leading Market Players:
1. Civis Analytics
2. Fair Isaac Corporation
3. IBM Corporation
4. Microsoft Corporation
5. Oracle Corporation
6. RapidMiner, Inc.
7. SAP SE
8. SAS Institute Inc.
9. Tableau Software, Inc.
10. TIBCO Software Inc.
Market Segmentation :
The global manufacturing predictive analytics market is segmented on the basis of component, application, and industry vertical. Based on component, the market is segmented as software, hardware, services. On the basis of the application, the market is segmented as machine utilization, quality improvement, safety & preventive maintenance, and others. The market on the basis of the industry vertical is classified as aerospace, automotive, chemicals, building & construction, and others.
Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Manufacturing Predictive Analytics Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
Manufacturing Predictive Analytics Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years.
Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Manufacturing Predictive Analytics Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.
The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reasons to Buy the Report :
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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