U.S. Manufacturing Analytics Market Size, Share, Scope and Comprehensive Analysis

The surging demand for greater organizational and operational visibility through big data will fuel the U.S. manufacturing analytics market at a high CAGR of 17.6% during 2020–2030. The market stood at $2.5 billion in 2019, and it is projected to reach $14.1 billion by 2030. Big data has revolutionized production operations, with real-time insights and data collection for analysis gaining exceptional interest among U.S.-based manufacturers. Industrialists can slice and dice the data in a way that enables them to procure a holistic understanding of their business activities.

Get the Free Sample Pages: https://www.psmarketresearch.com/market-analysis/us-manufacturing-analytics-market/report-sample

Additionally, manufacturers in the country are working on improving supply chain management, by deploying various analytics tools like big data and digital twins. Supply chain management solutions address production needs in the areas of sales and operations planning, network and inventory optimization, business intelligence, manufacturing and logistics optimization, product lifecycle management, raw material procurement, and radio-frequency identification (RFID) of assets. Analytical tools power autonomous and intelligent systems, which can be leveraged to streamline the process in various stages of a supply chain.

Besides, manufacturing analytics solutions are also used for asset management in the U.S. Currently, the industrial units of the country are increasing their focus on improving their occupational safety and performance. Since analytics tools aid businesses in achieving asset optimization, identifying underperforming assets, and extending the asset life, while making the operations efficient at a reduced price, they are increasingly being adopted in the U.S. for asset management. In the foreseeable future, manufacturers are expected to adopt such solutions primarily for asset management to attain the optimum results.

Make Enquiry Before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=us-manufacturing-analytics-market

According to P&S Intelligence, the southern region will hold the largest share in the U.S. manufacturing analytics market in the near future due to the presence of numerous manufacturing companies in the region. The manufacturing sector is growing in southern U.S. due to the availability of abundant land, extremely skilled workforce, pro-business legislations, and improving infrastructure. Additionally, solution vendors, including Salesforce.com Inc., IBM Corporation, General Electric Company, Oracle Corporation, DXC Technology Company, TIBCO Software Inc., SAS Institute Inc., Sisense Inc., and Alteryx Inc., have a strong presence in this region.

Thus, the surging focus on asset optimization and smooth supply chain management will increase the penetration of analytics solutions in the manufacturing sector of the U.S.

Contact Us:
P&S Intelligence
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

About Us:
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

This release was published on openPR.