The global manufacturing analytics market is anticipated to grow at a CAGR of 18.0% during the forecast period (2022-2028). Manufacturing analytics is the use of operations and events data and technologies in the manufacturing industry to ensure quality, increase performance. In addition, it supports to reduce costs, optimize supply chains as well as perform functions, including the acquisition of data, calculating the manufacturing key performance indicators (KPIs), filtering, and contextualizing of data. Manufacturing analytics is also used to centralize production monitoring, increase process efficiency, turn real-time data, and better serve the customers. It enables companies to have cost-effective production through monitoring and analysis and supports optimized business operations by better visibility of the business data and hardware across the globe. These are some factors that are driving the growth of the market.
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Scope of the Manufacturing Analytics Report
The research study analyzes the Manufacturing Analytics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Manufacturing Analytics Market Segmentation:
By Deployment
- Cloud-Based
- On-Premise
By Application
- Inventory Management
- Supply Chain Optimization
- Predictive Maintenance
- Others
By End-User
- Electronics
- Oil and Gas
- Automotive
- Food & Beverage’
- Others
Competitive Landscape- SAP SE, Oracle Corp., and SAS Institute Inc., among others.
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Manufacturing Analytics Market Report
- What was the Manufacturing Analytics Market size in 2021 and 2027; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Manufacturing Analytics Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Manufacturing Analytics Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Manufacturing Analytics market.
- The market share of the Manufacturing Analytics market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Manufacturing Analytics market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Manufacturing Analytics market.
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