MARKET INTRODUCTION

Manufacturing analytics is an application that assists the manufacturing companies to understand machine data. Manufacturing analytics performs functions, including the acquisition of data, calculate the manufacturing KPIs, filter and contextualizes of data, and generate role-based visualizations & dashboards. Manufacturing analytics is used to increase process efficiency, centralize production monitoring, turn real-time data into just-in-time insights, and better serve the customers. Manufacturing analytics allows companies to have more cost-effective production through monitoring and analysis, as well as improved client experiences. Manufacturing analytics also enables optimized business operations by well complete-cycle visibility across business data and hardware.

MARKET DYNAMICS

Increase in adoption of Industrial IoT, the surge in investment on big data for manufacturing, and rise in need for process optimization are some of the significant factors driving the growth of the manufacturing analytics market. However, lack of integration with legacy systems and scarcity of skilled workforce are some of the major factors which may restrain the growth of the manufacturing analytics market. Moreover, the use of advanced technologies such as VR and AR with manufacturing analytics is anticipated to create new opportunities for manufacturing analytics market.

MARKET SCOPE

The "Global Manufacturing Analytics Market Analysis to 2028" is a specialized and in-depth study of the manufacturing analytics market with a special focus on the global market trend analysis. The report aims to provide an overview of manufacturing analytics market with detailed market segmentation by component, application, deployment type, industry vertical. The global manufacturing analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading manufacturing analytics market players and offers key trends and opportunities in the manufacturing analytics market.

MARKET SEGMENTATION

The global manufacturing analytics market is segmented on the basis of component, application, deployment type, industry vertical. On the basis of component, the market is segmented as software platform/tools, services. On the basis of application, the market is segmented as supply chain management, customer and sales management, asset and inventory management, others. On the basis of deployment type, the market is segmented as on premise deployment, cloud deployment, hybrid deployment. On the basis of industry vertical, the market is segmented as industrial equipment manufacturing, automotive manufacturing, electrical and electronics equipment manufacturing, medical and pharma manufacturing, others

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global manufacturing analytics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The manufacturing analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting manufacturing analytics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the manufacturing analytics market in these regions.

MARKET PLAYERS

The reports cover key developments in the manufacturing analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from manufacturing analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for manufacturing analytics market. Below mentioned is the list of few companies engaged in the manufacturing analytics market.

The report also includes the profiles of key manufacturing analytics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- ALTERYX, INC.
- IBM Corporation
- Oracle Corporation
- Sisense Inc.
- SAP SE
- SAS Institue, Inc.
- Tableau Software
- GrayMatter Software Services Inc
- TIBCO Software, Inc.
- Wipro Ltd.

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.