Big Data Analytics in Manufacturing Market Will Generate Record Revenue by 2029

The global big data analytics in manufacturing market is anticipated to grow at a considerable CAGR of 14.0% during the forecast period. With the high rate of adoption of sensors and connected devices, there has been a massive increase in the data points generated in the manufacturing industry. With this surge in data availability, there is a higher demand for big data analytics in the manufacturing sector. In addition, big data propels predictive analytics, which manufacturers use to drive predictive maintenance. This enables manufacturers to prevent expensive asset breakdowns and dodge unexpected downtime. Hence, with the advent of numerous features, the demand for big data analytics is projected to grow in the forthcoming years.

Moreover, the companies are collaborating and adopting partnership strategies to drive productivity, develop new customer experiences, and remain competitive in the marketplace. For instance, in June 2022, Renault Group and Atos launched ID@scale, a unique service to collect large-scale manufacturing data and accelerate Industry 4.0. with this collaboration, the company develops and commercializes a unique technology solution that collects and analyzes manufacturing data on a large scale. By deploying ID@S, manufacturers collect data from a wide range of manufacturing facilities includes, including diverse suppliers, generations, global locations, and firmware updates, in a standardized and effective way.

Furthermore, in March 2022, Intellegens partnered with Zizo, to provide Intellegens advanced. It is deep learning technologies that accelerate innovation across a wide range of sectors, from materials and chemicals to manufacturing and beyond. Intellegens enables businesses to extract value from real-world, sparse, noisy experimental and process data, where conventional machine learning methods often fail.

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Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Offering

· By Deployment

· By Application

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

• Competitive Landscape- including ABB, Emerson Electric, Google, Wipro, and others.

Big Data Analytics in Manufacturing Market Report Segment

By Offering

· Service

· Solution

By Deployment

· Cloud

· On-Premises

· Hybrid

By Application

· Predictive Quality

· Anomaly Detection

· Supply Chain Management

· Production Forecasting

· Others

A full Report of Big Data Analytics in Manufacturing Market is Available @ https://www.omrglobal.com/industry-reports/big-data-analytics-in-manufacturing-market

Big Data Analytics in Manufacturing Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Alteryx Inc

· Angoss Software Corp

· Fair Isaac Corp

· Informatica Inc

· Microsoft Corp

· Oracle Corp

· Rockwell Automation, Inc.

· Salesforce, Inc.

· Sap SE

· Sas Insititute Inc

· Splunk Inc.

· Teradata Corp.

· Tibco Software Inc

· Zensar Technologies Ltd

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

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