Global Manufacturing Analytics Market Regions and Development 2025 | Ozone Market Reports



The Global Manufacturing Analytics Market was valued at USD 3.25 billion in 2016 and is projected to reach USD 19.47 billion by 2025, growing at a CAGR of 22.01% from 2017 to 2025. 

Manufacturing analytics is a statistical tool which performs rule-based analysis to improve business processes and production quality. Manufacturing analytics gathers data from geographically distributed resources, programmable logic controllers, historians and provide organized and modeled analysis. With manufacturing analytics we can have big data integration, reduced operational costs, predictive maintenance, early issue warning, better collaboration, and improved workforce efficiency.


Market Dynamics:

1. Market Drivers
1.1 Improved product design and development
1.2 Increasing adoption of cloud solutions
1.3 Rising demand for real-time streaming analytics
1.4 Growing need of advanced data management strategies across manufacturing applications
1.5 Requirement of self-service access to centrally managed data
1.6 Rising business agility and scalability
1.7 Emergence of industrial IoT
1.8 Growing demand for process optimization
2. Market Restraints
2.1 Data security and privacy concerns
2.2 Lack of technical expertise
2.3 Complex system architecture
2.4 Low return on investment
2.5 Poor integration with traditional systems

Market Segmentation:

The Global Manufacturing Analytics Market is segmented on the deployment model, component, application, vertical, and region.

1. By Deployment Mode:

1.1 On-demand
1.2 On-premise 

2. By Component:
2.1 Software
2.2 Services 
2.2.1 Managed services
2.2.2 Professional services
2.2.2.1 Support and maintenance services
2.2.2.2 Consulting services

3. By Application:
3.1 Energy management
3.2 Predictive maintenance & asset management
3.3 Inventory management
3.4 Supply chain planning & procurement
3.5 Sales & customer management
3.6 Emergency management 
3.7 Others


4. By Vertical:
4.1 Chemicals & Basic Materials manufacturing
4.2 Electronics equipment manufacturing
4.3 Paper, pulp, plastic and rubber manufacturing 
4.4 Automotive & aerospace manufacturing
4.5 Machinery & industrial equipment manufacturing
4.6 Food & beverages manufacturing
4.7 Pharmacy and life sciences
4.8 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America) 
5.5 Middle East & Africa

Competitive Landscape:

The major players in the market are as follows:
1. SAS Institute, Inc.
2. Computer Science Corporation
3. IBM Corporation
4. SAP SE
5. Tableau Software 
6. 1010data, Inc.
7. Tibco Software, Inc.
8. Statsoft, Inc.
9. Zensar Technologies Ltd.
10. Oracle Corporation 
11. Alteryx Inc.

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.


ABOUT US

Ozone Market Reports is committed towards delivering intensive research based analysis reports, enabling clients to easily make fact-based decisions. We also have with us the facility of our innovatively designed and developed data processing and analysis division.
Ozone Market Reports is a research-based consulting firm specializing in getting research inputs and using them appropriately in the marketing planning process. In saying this, we are trying to convey that we always attempt to interpret the research data from the viewpoint of recommending action priorities - both short-term and long-term. To this end, we have put together a team that understands not only research techniques, but also branding concepts in depth. We believe our people are our clients' biggest assets hence we do our best to recruit multi-skilled individuals, and then give them an environment where they can think and ideate freely.
We offer various services for our clients to help them choose what's most relevant and best for them required for their business.

Contact Us:
Name: Steven Samuel
Phone - +91 9370882135

Comments

Popular posts from this blog

Flight Instruments : Global Size, Share, Trends, Overview, Forecast by 2023

Global Low Friction Coatings Market provides an in-depth insight of Sales and Trends Forecast to 2024

Global Lightning As A Service Market Growing At A CAGR Of Approximately 37.2% by 2026