Press release
Manufacturing Analytics Market Size, Share, Analysis, Demand, and Forecast 2024 to 2030 | IBM, Microsoft, Oracle
The Manufacturing Analytics Market Size Is Expected To Reach USD 1.82 Billion By The End Of 2030, Growing At A CAGR Of 20.3% During The Forecast Period 2024 To 2030. Industry indicates steady expansion, driven by the growing demand for data-driven insights and decision-making across diverse sectors.
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Top Companies in the Global Manufacturing Analytics Market:
IBM, Microsoft, Oracle, RapidMiner, SAP, Alteryx, Bridgei2i Analytics Solutions, Cisco Systems, FICO, TIBCO Software, SensrTrx, Sight Machine, Sisense, Neubrain, Rockwell Automation, Aegis Software, MachineMetrics, Lantek, Domo, among others.
Key Strategies
The Manufacturing Analytics market is fiercely competitive, with major players like SAP, IBM, and SAS dominating by providing comprehensive analytics solutions for improving operational efficiency and decision-making in manufacturing processes. These industry leaders leverage advanced technologies like AI and IoT to deliver predictive and prescriptive analytics. Emerging players such as Sight Machine and LYNQ compete by focusing on niche areas like shop floor analytics and real-time monitoring. The market's competitiveness is driven by the increasing demand for data-driven insights in manufacturing, prompting vendors to innovate and enhance their analytics offerings.
Based on Types, the Global Manufacturing Analytics Market is Segmented into:
Cloud Based
On Premise
Based on Application, the Global Manufacturing Analytics Market is Segmented into:
Automotive
Aerospace
Building Construction
Industrial
Chemical
Others
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Trends Analysis
The Manufacturing Analytics market is experiencing a paradigm shift with the integration of Industry 4.0 principles. Key trends include the widespread adoption of predictive analytics for maintenance and quality improvement, the implementation of Artificial Intelligence (AI) and Machine Learning (ML) in production processes, and the rise of edge analytics for real-time insights. Manufacturers are leveraging analytics to optimize supply chain management, enhance production efficiency, and reduce downtime. As the industry focuses on smart manufacturing, analytics plays a pivotal role in transforming data into actionable intelligence for informed decision-making.
Regions are covered by the Manufacturing Analytics Market Report 2024 to 2030
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Geographical markets are of great importance for investors since a detailed report offers core areas to identify potential prospects. Strategic initiatives under regional analysis display mergers, acquisitions, collaborations, and joint ventures between key players. Innovation is been the driving force for these players and in the mode of business expansion, players are now leaping and investing in other ventures for mutual profits. Chapter-wise segmentation and data analysis are ensured for every region.
Historical Years: 2018-2022
Base Year: 2024
Forecast Period: 2024-2030
Impact of the Manufacturing Analytics market report:
-Comprehensive assessment of all opportunities and risks in the Manufacturing Analytics market.
-Manufacturing Analytics market recent innovations and major events.
-Detailed study of business strategies for growth of the Manufacturing Analytics market-leading players.
-Conclusive study about the growth plot of the Manufacturing Analytics market for forthcoming years.
-In-depth understanding of the Manufacturing Analytics market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Manufacturing Analytics market.
Strategic Points Covered in Table of Contents of Manufacturing Analytics Market:
Chapter 1: Introduction, Market Driving Force Product Objective of Study, and Research Scope of the Global Manufacturing Analytics Market (2023-2030)
Chapter 2: Exclusive Summary - The Basic Information of the Global Manufacturing Analytics Market
Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Manufacturing Analytics; Post COVID Analysis
Chapter 4: Presenting the Global Manufacturing Analytics Market Factor Analysis, Post COVID Impact Analysis, Porter's Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, and Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End-User, and Region/Country 2017-2023
Chapter 6: Evaluating the leading manufacturers of the Global Manufacturing Analytics Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by Manufacturers/companies with revenue share and sales by key countries in these various regions (2023-2030)
… To be continued
Customization of the Report: This report can be customized as per your needs for additional data for up to 5 companies or 5 countries or nearly 40 analyst hours.
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