Press release
Enterprise Manufacturing Intelligence Market Research Report 2023-2028 | ABB Ltd., Aspen Technology Inc., Dassault Systèmes SE and More
IMARC Group has recently released a new research study titled "Enterprise Manufacturing Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global enterprise manufacturing intelligence market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2028, exhibiting a growth rate (CAGR) of 14.25% during 2023-2028.Industry Overview:
Enterprise manufacturing intelligence (EMI) is a comprehensive software solution designed to provide real-time visibility and analytics into the manufacturing operations of an enterprise. It integrates data from various sources within the manufacturing environment, such as sensors, equipment, systems, and databases, to enable data-driven decision-making, performance monitoring, and process optimization.
EMI systems collect and aggregate data from multiple manufacturing systems, including enterprise resource planning (ERP), manufacturing execution systems (MES), supervisory control and data acquisition (SCADA) systems, and other operational databases. The collected data can include information about production rates, equipment performance, quality metrics, energy consumption, inventory levels, and more.
By analyzing and presenting this data in a meaningful way, Enterprise manufacturing intelligence helps manufacturing organizations gain insights into their operations, identify areas for improvement, and make informed decisions to optimize production efficiency, reduce costs, improve product quality, and enhance overall performance.
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Enterprise Manufacturing Intelligence Market Trends and Growth Drivers:
The global market is primarily driven by the increasing need for operational efficiency across the industrial sector. As modern manufacturing environments have become increasingly complex, with multiple systems, equipment, and processes generating vast amounts of data. EMI helps manufacturers integrate and analyze this data to gain insights, improve coordination, and optimize performance across the entire production ecosystem, thereby supporting the market on the global level.
Moreover, the adoption of Industry 4.0 principles and smart manufacturing concepts is propelling the demand for enterprise manufacturing intelligence solutions as they align with these initiatives by enabling connectivity, data integration, and analytics, facilitating the implementation of real-time monitoring, predictive maintenance, and other advanced manufacturing practices.
The market is further driven by the widespread adoption of enterprise manufacturing intelligence solutions for cost savings and to gain a strong return on investment. By optimizing production processes, reducing downtime, improving resource allocation, and enhancing overall efficiency, manufacturers can achieve cost reductions and improved profitability.
Explore Full Report Description At: https://www.imarcgroup.com/enterprise-manufacturing-intelligence-market
Enterprise Manufacturing Intelligence Market 2023-2028 Competitive Analysis and Segmentation:
Enterprise Manufacturing Intelligence Key Compnaies:
• ABB Ltd.
• Aspen Technology Inc.
• Dassault Systèmes SE
• Epicor Software Corporation (KKR & Co. Inc.)
• Honeywell International Inc.
• Oracle Corporation
• Parsec Automation Corp.
• Qisoft, Rockwell Automation Inc.
• SAP SE
• Schneider Electric
Key Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Offering:
• Software
• Services
Breakup by Deployment Type:
• Embedded
• Standalone
Breakup by Application:
• Data Integration
• Data Management and Analytics
• Real-Time Visualization
Breakup by End Use Industry:
• Automotive
• Energy and Power
• Consumer Packaged Goods
• Medical Products
• Aerospace and Defense
• Electronics and Semiconductors
• Pharmaceuticals and Biotech
• Oil and Gas
• Food and Beverages
• Chemical
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=2380&flag=C
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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