Press release
Manufacturing Analytics Market To Witness Astonishing Growth – 2026 | Key Players: Alteryx Inc., TIBCO Software Inc., SAS Institute Inc., SAP SE
The Manufacturing Analytics Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Manufacturing Analytics market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Manufacturing Analytics market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Manufacturing Analytics market.The manufacturing analytics market is projected to register a CAGR of 24% during the forecast period (2021 - 2026).
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Top Leading Companies of Manufacturing Analytics Market are - Alteryx Inc., TIBCO Software Inc., SAS Institute Inc., SAP SE, Salesforce.com Inc. (Tableau Software Inc.), Oracle Corp., Sisense Inc., IBM Corp., General Electric Company, Northwest Analytics Inc., DXC Technology Company, QlikTech Inc., Wipro Limited and others.
Industry News and Updates:
- April 2019 - TIBCO Software Inc. announced that it has enhanced its collaboration with Singapore Polytechnic (SP) to expand data analytics and Internet of Things (IoT) knowledge in the region, supporting Singapore’s mission to nurture local entrepreneurs. As part of the collaboration, SP and TIBCO will expand the network of universities in Singapore, TIBCO’s regional hub, offering initiatives that both drive innovation and position these institutions to add economic value.
- April 2019 - Alteryx Inc. announced its new office opening in Tokyo. The new office will support the success of hundreds of current customers in the country, including Honda and Toyo Engineering, and growing demand for its end-to-end analytics and data science platform in the broader APAC market. This office opening is indicative of the company’s 96% Y-o-Y growth in international markets for the full year, which accounted for 29% of overall revenue in 2018.
Key Market Trends:
Automotive Sector is Expected to Grow at a Significant Rate
- The automotive industry is currently transitioning towards a more data-driven industry to avoid the costs associated with faulty assembly, over inventory stocking, and can plan for the maintenance of the assembly lines more accurately. It has all been possible due to the adoption of predictive analytics in the industry.
- With the emergence of industry IoT, a networked system, M2M communication the automotive industry is positioning itself towards industry 4.0 ready. Sensors, RFIDs, barcode readers, and robots are now standard in the industry’s manufacturing floor. These devices have increased the data generation points exponentially.
North America is Expected to be the Largest Market
- North America is the leading market due to increasing focus on innovations, as well as ongoing research, and development in manufacturing analytics technology for stable economic growth in the US and Canada.
- The early adoption of these tools among the manufacturing sector is an important factor behind the growth of the market in North America. With the significant presence of manufacturing sector especially heavy industries across the region is expected to be the front-runners in the growth of manufacturing analytics market.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Manufacturing Analytics Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Manufacturing Analytics Market (%),2016 - 2026
- Manufacturing Analytics Market Share, By Brand
- Manufacturing Analytics Market Share, By Company
- Manufacturing Analytics Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Manufacturing Analytics Market Value Analysis & Forecast
- Promising Manufacturing Analytics Development by Major Companies
- Detailed Manufacturing Analytics Portfolio of the Major Companies
- Major Deals in the Manufacturing Analytics Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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