Global Manufacturing Analytics Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

Posted October 1, 2020 by pooja1919

The global manufacturing analytics market is expected to witness a significant growth rate at a CAGR of 22% during the forecast period.

The global manufacturing analytics market is expected to witness a significant growth rate at a CAGR of 22% during the forecast period. A statistical tool that performs rule-based analysis to improve business processes and product quality is known as manufacturing analytics. Data analytics is used in various other industrial domains which include insurance (BFSI), e-commerce, banking, and financial services. Though, increasing pressures to meet federal norms, supply-chain requirements, and global competition, demand for low manufacturing cost, and improve operating income have seen a high adoption of data analytics in the manufacturing industry market sector.

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Moreover, process improvement programs which include data acquisition system (SCADA), Lean Manufacturing, supervisory control and, and Six Sigma have improved the adoption of manufacturing analytics. Furthermore, with huge data being generated from the network industry equipment and automation systems, industry has resulted in a strong demand for analytics in the manufacturing sector. Complex operation and low return on investment from manufacturing analytics tools are acting as a roadblock in its manufacturing analytics market growth. Additionally, technical constraints related to cloud deployments such as data security and privacy are likely to curb the growth of the global market.

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Global Manufacturing Analytics Market Segmentation

By Application

Predictive Maintenance and Asset Management

Inventory Management

Supply Chain Planning and Procurement

Other (Energy Management and Emergency Management)

By Deployment Model



By End-User

Food and Beverages

Electronics Equipment


Aerospace and Defense

Chemicals and Materials

Machinery and Industrial Equipment


Regional Analysis

North America









Rest of Europe





Rest of Asia-Pacific

Rest of the World

Company Profiles

Alteryx, Inc.

Dassault Systèmes SE


DXC Technology Co.

General Electric Co.

IBM Corp.

Kavi Global

Northwest Analytics, Inc.

Oracle Corp.

QlikTech International AB

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated October 1, 2020