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Press Release:

Global Manufacturing Analytics Market to Reach US$ 27.6 Billion by 2027, Propelled by Rising Usage of Advanced Business Analytics

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Manufacturing Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global manufacturing analytics market size reached US$ 8.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 27.6 Billion by 2027, exhibiting a growth rate (CAGR) of 21.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

Manufacturing analytics refers to the use of operations and events data and technologies to ensure quality, reduce costs, optimize supply chains, and improve performance and yield. It relies on predictive and big data analytics, industrial internet of things (IIoT), machine learning (ML), and edge computing to enable smart, scalable factory solutions. As it provides contextual awareness and actionable insights in real-time, organizations from different industry verticals are adopting manufacturing analytics to gain a competitive edge. This can also be attributed to its assistance in digitizing the business, accelerating innovation, and redefining customer experience.

Manufacturing Analytics Market Trends:

Lockdowns imposed by governing agencies of numerous countries to curb the spread of the coronavirus disease (COVID-19) have resulted in supply chain disruptions and the temporary closure of various manufacturing units. As a result, manufacturing entities across the globe are deploying smart manufacturing analytics solutions to mitigate the impact of the pandemic. Manufacturing analytics assists in demand forecasting, real-time quality monitoring, and inventory management. Apart from this, rapid industrialization, the rising automation trend in industrial processes, and the growing volume of data are among the leading factors catalyzing the demand for manufacturing analytics to help companies increase overall productivity and profitability. In addition to this, the emergence of the Fourth Industrial Revolution (Industry 4.0), in confluence with the widespread adoption of advanced technologies, such as artificial intelligence (AI) and radio frequency identification (RFID), is bolstering the market growth. Moreover, it is widely used by automotive manufacturers to innovate their products and simultaneously meet stringent quality requirements. It is also gaining traction in the aerospace industry for improving proficiency and operational efficiency.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global manufacturing analytics market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment model, application and industry vertical.

Breakup by Component:

  • Software
  • Services
     

Breakup by Deployment Model:

  • Cloud-based
  • On-premises
     

Breakup by Application:

  • Predictive Maintenance
  • Inventory Management
  • Supply Chain Optimization
  • Others
     

Breakup by Industry Vertical:

  • Semiconductor and Electronics
  • Energy and Power
  • Pharmaceutical
  • Automobile
  • Heavy Metal and Machine Manufacturing
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alteryx Inc., General Electric, International Business Machines Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Sisense Inc., Tableau Software LLC (Salesforce.com Inc.), TIBCO Software Inc., Wipro Limited and Zensar Technologies Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Deployment Model, Application, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alteryx Inc., General Electric, International Business Machines Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Sisense Inc., Tableau Software LLC (Salesforce.com Inc.), TIBCO Software Inc., Wipro Limited and Zensar Technologies Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global manufacturing analytics market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global manufacturing analytics market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the deployment model?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global manufacturing analytics market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Manufacturing Analytics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Component
    6.1    Software 
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Deployment Model
    7.1    Cloud-based
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    On-premises
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Application
    8.1    Predictive Maintenance
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Inventory Management
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Supply Chain Optimization
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Industry Vertical
    9.1    Semiconductor and Electronics
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Energy and Power
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Pharmaceutical
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Automobile
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Heavy Metal and Machine Manufacturing
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Alteryx Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
        15.3.2    General Electric
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    International Business Machines Corporation
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Oracle Corporation
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    SAP SE
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
           15.3.5.4 SWOT Analysis
        15.3.6    SAS Institute Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 SWOT Analysis
        15.3.7    Sisense Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Tableau Software LLC (Salesforce.com Inc.)
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    TIBCO Software Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 SWOT Analysis
        15.3.10    Wipro Limited
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Zensar Technologies Ltd.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials

List of Figures

Figure 1: Global: Manufacturing Analytics Market: Major Drivers and Challenges
Figure 2: Global: Manufacturing Analytics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Manufacturing Analytics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Manufacturing Analytics Market: Breakup by Component (in %), 2021
Figure 5: Global: Manufacturing Analytics Market: Breakup by Deployment Model (in %), 2021
Figure 6: Global: Manufacturing Analytics Market: Breakup by Application (in %), 2021
Figure 7: Global: Manufacturing Analytics Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: Manufacturing Analytics Market: Breakup by Region (in %), 2021
Figure 9: Global: Manufacturing Analytics (Software ) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Manufacturing Analytics (Software ) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Manufacturing Analytics (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Manufacturing Analytics (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Manufacturing Analytics (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Manufacturing Analytics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Manufacturing Analytics (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Manufacturing Analytics (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Manufacturing Analytics (Predictive Maintenance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Manufacturing Analytics (Predictive Maintenance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Manufacturing Analytics (Inventory Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Manufacturing Analytics (Inventory Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Manufacturing Analytics (Supply Chain Optimization) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Manufacturing Analytics (Supply Chain Optimization) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Manufacturing Analytics (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Manufacturing Analytics (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Manufacturing Analytics (Semiconductor and Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Manufacturing Analytics (Semiconductor and Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Manufacturing Analytics (Energy and Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Manufacturing Analytics (Energy and Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Manufacturing Analytics (Pharmaceutical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Manufacturing Analytics (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Manufacturing Analytics (Automobile) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Manufacturing Analytics (Automobile) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Manufacturing Analytics (Heavy Metal and Machine Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Manufacturing Analytics (Heavy Metal and Machine Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Manufacturing Analytics (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Manufacturing Analytics (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: North America: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: North America: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: United States: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: United States: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Canada: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Canada: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Asia-Pacific: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Asia-Pacific: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: China: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: China: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Japan: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Japan: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: India: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: India: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: South Korea: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: South Korea: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Australia: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Australia: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Indonesia: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Indonesia: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Europe: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Europe: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Germany: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Germany: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: France: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: France: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: United Kingdom: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: United Kingdom: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Italy: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Italy: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Spain: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Spain: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Russia: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Russia: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Latin America: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Latin America: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Brazil: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Brazil: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Mexico: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Mexico: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Others: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Others: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Middle East and Africa: Manufacturing Analytics Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Middle East and Africa: Manufacturing Analytics Market: Breakup by Country (in %), 2021
Figure 85: Middle East and Africa: Manufacturing Analytics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Global: Manufacturing Analytics Industry: SWOT Analysis
Figure 87: Global: Manufacturing Analytics Industry: Value Chain Analysis
Figure 88: Global: Manufacturing Analytics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Manufacturing Analytics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Manufacturing Analytics Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Manufacturing Analytics Market Forecast: Breakup by Deployment Model (in Million US$), 2022-2027
Table 4: Global: Manufacturing Analytics Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Manufacturing Analytics Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: Manufacturing Analytics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Manufacturing Analytics Market: Competitive Structure
Table 8: Global: Manufacturing Analytics Market: Key Players


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