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.

Request a free sample of our report on Global Manufacturing Analytics Market: https://www.omrglobal.com/request-sample/manufacturing-analytics-market-size



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.

A full report of Global Manufacturing Analytics Market Is available at https://www.omrglobal.com/industry-reports/manufacturing-analytics-market-size

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

On-Premises

On-Demand

By End-User

Food and Beverages

Electronics Equipment

Automotive

Aerospace and Defense

Chemicals and Materials

Machinery and Industrial Equipment

Others

Regional Analysis

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Alteryx, Inc.

Dassault Systèmes SE

DOMO

DXC Technology Co.

General Electric Co.

IBM Corp.

Kavi Global

Northwest Analytics, Inc.

Oracle Corp.

QlikTech International AB

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/manufacturing-analytics-market-size

About Us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting, and other research-based services.

For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404