Manufacturing Analytics Market worth 8.45 Billion USD by 2021


Posted October 26, 2018 by dheerajpawar7359

The manufacturing analytics market is estimated to grow from USD 3.14 Billion in 2016 to USD 8.45 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.9%.

 
The report "Manufacturing Analytics Market by Type (Solution & Services), Applications (Asset Management, Inventory Management, Emergency Management, Supply Chain Planning, Sales & Marketing Management, & Others), Industry Vertical, Regions - Global Forecast to 2021", The manufacturing analytics market is estimated to grow from USD 3.14 Billion in 2016 to USD 8.45 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.9%.
“The study answers the several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments”.
Scope of the Report
The research report categorizes the manufacturing analytics market to forecast the revenues and analyze the trends in each of the following sub-segments:
On the basis of Types
• Software
• Service
o Professional Services
o Managed Services
On the basis of Applications
• Predictive maintenance & asset management
• Inventory management
• Supply chain planning & procurement
• Energy management
• Emergency management
• Sales & customer management
• Other applications
On the basis of Deployment Models
• On-premises
• On-demand
On the basis of Industry Verticals
• Automotive & aerospace manufacturing
• Electronics equipment manufacturing
• Food & beverages manufacturing
• Chemicals & materials manufacturing
• Machinery & industrial equipment manufacturing
• Pharma and life sciences
• Paper, pulp, plastic and rubber manufacturing
• Others
On the basis of Regions
• North America
• Europe
• Middle East and Africa (MEA)
• Asia-Pacific (APAC)
• Latin America
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:
Geographic Analysis
• Further breakdown of the North American market
• Further breakdown of the European market
• Further breakdown of the APAC market
• Further breakdown of the MEA market
• Further breakdown of the Latin American market
Company Information
• Detailed analysis and profiling of additional market players

Ask for PDF Brochure: http://bit.ly/2OdIqpy
The major forces driving the manufacturing analytics market are the adoption of advanced data-management strategies across varied manufacturing applications, increasing need for process optimization, emergence of Industrial Internet of Things (IIoT), increased business agility and scalability, and self-service access to centrally managed data. The manufacturing analytics market is growing rapidly because of the transformation from traditional BI techniques to advanced analytics techniques and massive surge of structured and unstructured manufacturing data.
Energy management application to grow at the highest CAGR
Manufacturing analytics solutions are used for various applications such as energy management, asset management and predictive maintenance, emergency management, inventory management, and supply chain, and procurement. Energy management is expected to witness the highest CAGR during the period 2016-2021 among all applications because of the increasing adoption of smart grid and smart energy technologies across manufacturing organizations.
Electronics equipment manufacturing vertical to have the largest market size in 2016
The manufacturing analytics market is also segmented by various industry verticals, out of which the adoption of manufacturing analytics is expected to be the largest in the electronics equipment manufacturing verticals as the demand for electronics devices, including smartphones, and computer systems, is increasing day by day.
North America is expected to dominate the manufacturing analytics market during the forecast period
North America is expected to hold the largest share of the manufacturing analytics market in 2016 due to the technological advancements and early adoption of analytics in the region. The market in APAC is expected to grow at the highest CAGR between 2016 and 2021. The primary driving forces for this growth are increasing technological adoption and huge opportunities across manufacturing industry in APAC countries, especially India, China, and Japan.
The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Some of the major technology vendors include SAS Institute (U.S.), Tableau Software (U.S.), Tibco Software (U.S.), Oracle Corporation (U.S.), IBM Corporation (U.S.), Computer Science Corporation (U.S.), Dell Statsoft (U.S.), SAP SE (Germany), Zensar Technologies Ltd. (India), 1010Data (U.S.), and Alteryx (U.S.).

Browse 74 market data tables with 47 figures spread through 135 pages and in-depth TOC on "Manufacturing Analytics Market by Type (Solution & Services), Applications (Asset Management, Inventory Management, Emergency Management, Supply Chain Planning, Sales & Marketing Management, & Others), Industry Vertical, Regions - Global Forecast to 2021"
https://www.marketsandmarkets.com/Market-Reports/manufacturing-analytics-market-125191578.html
Early buyers will receive 10% customization on reports.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MarketsandMarkets™ INC.
Country United States
Categories Technology
Tags asset management , emergency management , inventory management , manufacturing analytics market , supply chain planning
Last Updated October 26, 2018