Manufacturing Analytics Market Report Size Outlook, Share Value, Global Growth Drivers and Industry Forecast to 2027
Manufacturing Analytics Market Report Scenario:
The COVID-19
pandemic disruption is estimated to transform the Manufacturing Analytics Market Report in the years to come
drastically, and its after-effects will be persistently seen in the years
ahead. The MRFR report on the Manufacturing
Analytics Market Report meticulously tracks the
COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of
drivers and restraints in a post-COVID-19 market offers a coherent
understanding of future growth cues.
The demand for
cloud-based Manufacturing
Analytics Market Report, considering their time-efficient features and
affordability, has risen exponentially across enterprises that are in constant
need for low cost solutions. The need for manufacturing analytics solutions has
shot up in the food and beverages industry, as a result of rising expectations
for better quality as well as quantity of products at minimum expense. This is
viewed as an attractive opportunity for the renowned players in the
manufacturing analytics industry.
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Competitive Outlook:
Some of the eminent contenders profiled in the
Manufacturing Analytics Market Report review include Wipro Limited (India),
Oracle Corporation (U.S.), SAP SE (Germany), 1010Data (U.S.), Zensar
Technologies Ltd. (India), Dell Statsoft (U.S.), Tibco Software (U.S.), Alteryx
(U.S.), IBM Corporation (U.S.), Tableau Software (U.S.), Computer Science
Corporation (U.S.), SAS Institute (U.S.), and more.
Segmentation:
· For enhanced understanding,
the global Manufacturing Analytics Market Report has been segregated into 6
categories, namely component, deployment, application and vertical.
· The market segmentation with
respect to component comprises services as well as software.
· Deployment-wise segments
covered in the market study are on demand and on premise.
· Application areas of
manufacturing analytics include Inventory Management, Predictive Maintenance
& Asset Management, Emergency Management, Energy Management, Supply Chain
Planning & Procurement, Sales & Customer Management and others.
· Verticals extensively
deploying manufacturing analytics solutions and services include food &
beverages, pharmaceuticals & life sciences, chemicals, automotive,
aerospace, industrial, electronics, and more.
Regional
Analysis:
North America
can remain the most lucrative Manufacturing Analytics Market Report in the
following years, with the U.S and Canada expected to be the top-performing
countries. The Manufacturing Analytics Market Report in the region is thriving
on the back of a huge number of renowned companies like Tableau Software, SAS
Institute, Oracle Corporation, Tibco Software, Computer Science Corporation,
Dell Statsoft and IBM Corporatio, to name a few. The U.S. market is observing
noteworthy growth, thanks to the escalating demand for process optimization
across enterprises. However, since the region is manufacturing-driven, the
impact of SARS-CoV-2 has been quite significant on all the industries. For
example, automobile giants like Ford, Fiat Chrysler and General Motors had to
shut down their manufacturing plants to contain the spread of the pandemic.
With the fastest
expansion rate, the APAC market can possibly benefit from the high uptake of
Industrial IoT or IIoT, mounting need for process optimization, and growing
investments in big data for manufacturing. Moreover, post COVID-19 outbreak,
more and more enterprises have collaborated with specialists and professional
service providers to achieve technical benefits as well as analytics
capabilities that can help them build optimum operational framework. These
kinds of collaborations and similar strategies can bolster the Manufacturing
Analytics Market Report in the region.
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