Manufacturing Analytics Market Growth, Demand and Challenges of the Key Industry Players 2024-32

The global manufacturing analytics market size reached US$ 12.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 60.5 Billion by 2032, exhibiting a growth rate (CAGR) of 18.2% during 2024-2032.

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1. Global Manufacturing Analytics Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved

2. About IMARC Group IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. Across the six major continents and 100+ countries, we work alongside our business partners as one team with a common ambition to achieve unparalleled results, gain a competitive edge, and transform industries. IMARC Group excels in understanding its clients’ business priorities and delivering tailored solutions that drive meaningful outcomes. Our client base spans over 3,000 organizations in the private, public, and social sectors, ranging from high-growth startups to Fortune 500 companies. We provide a comprehensive suite of market entry and expansion services. Our offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. These services are designed to assist companies in evaluating market opportunities, setting up new entities, navigating regulatory landscapes, boosting brand visibility, analyzing competitors, and optimizing procurement strategies.

3. Report Highlight and Description According to the latest report by IMARC Group, titled  "Manufacturing Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,"  the  global manufacturing analytics market size reached US$ 12.8 Billion in 2023. Manufacturing analytics is a statistical tool that analyzes manufacturing data and information using rule-based methods to improve process efficiency, centralize production monitoring, offer real-time insights, and enhance customer service through the analysis of manufacturing data. By using manufacturing analytics software, various solutions can be developed which are smart, scalable, and can provide insight into processes and functions . These analytics use predictive analytics, big data analytics, operations data and event data, thus allowing users to better understand the process and make changes to business operations and quality. Consequently, various industries are adopting manufacturing analytics to gain a competitive edge due to its capability to provide contextual awareness and actionable insights in real time. Request for a PDF sample of this report: https://www.imarcgroup.com/manufacturing-analytics-market/requestsample

4. Report Description Global Manufacturing Analytics Market Trends : The global market is majorly driven by the paradigm shift toward advanced analytics techniques from traditional business intelligence (BI) techniques. This can be attributed to the escalating demand for self-service access to centrally managed data for offering increased business agility and scalability. In line with this, the increasing adoption of on-demand or cloud-based manufacturing analytics solutions with an enhanced focus on product design and development is propelling the market. Moreover, the rapid utilization of these analytics in process optimization for faster responses to machine level and maintenance issues is also providing an impetus to the market. Continual technological developments in analytics software, along with the incorporation of the industrial internet of things ( IIoT ), artificial intelligence (AI) and radio frequency identification (RFID), are further impacting the market positively. Some of the other factors contributing to the market include a considerable rise in the volumes of structured and unstructured manufacturing data, rapid digitization, the emergence of Industry 4.0, the penetration of high-speed internet and extensive research and development (R&D) activities. Looking forward, the market is anticipated to reach a value of US$ 60.5 Billion by 2032, exhibiting a CAGR of 18.2% during 2024-2032. View Report TOC, Figures and Tables : https://www.imarcgroup.com/manufacturing-analytics-market

5. Report Segmentation Breakup by Component: Software Services   Breakup by Deployment Model: Cloud-based On-premises Breakup by Application: Predictive Maintenance Inventory Management Supply Chain Optimization Others

6. Report Segmentation Breakup by Industry Vertical: Semiconductor and Electronics Energy and Power Pharmaceutical Automobile Heavy Metal and Machine Manufacturing Others Breakup by Region: North America Asia-Pacific Europe Latin America Middle East and Africa

7. Competitive Landscape with Key Players 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 Zensar Technologies Ltd

8. Key Questions Answered in the Report

9. Key Questions Answered in the Report

10. Table of Contents 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        

11. Table of Contents 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 For more information, visit : https://www.imarcgroup.com/manufacturing-analytics-market/toc

12. Partial List of Clients

13. Partial List of Clients

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