Global Manufacturing Analytics Market is projected to grow up to USD 25.81 billion by 2027 growing at a CAGR of 17.5% during the forecasting period 2021-2027.

Manufacturing analytics software is an application that helps the manufacturing companies to perceive machine data. It performs functions such as acquisition of data, filters & contextualizes the data, compute the manufacturing KPIs and then produce role-based visualizations & dashboards. It allows companies to have more cost-beneficial production through monitoring and analysis; as well as improved client experiences. It also facilitates optimized business operations by better complete-cycle visibility among business data & hardware. Advent of technologies is increasing awareness for analytics. Analytic technologies such as predictive, prescriptive and others are making its way across several industrial verticals. In manufacturing, big data visualization dashboards display analytical data. This data depicts actionable insights which can fine-tune a production line. This is a factor projected to drive growth of the market globally.

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The Manufacturing Analytics Market report has been categorized as below
By Component
● Software
● Services
By Deployment
● Cloud
● On-premise
By Application
● Predictive Maintenance
● Inventory Management
● Supply Chain Optimization
● Others
By Industry Vertical
● Semiconductor & Electronics
● Energy & Power
● Pharmaceutical
● Automobile
● Heavy Metal & Machine Manufacturing
● Others
By Region
● North America
● Europe
● Asia Pacific
● Rest of World
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