Global Manufacturing Analytics Market Worth USD 8.45 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: 1010data, Alteryx, IBM – Research and Markets
June 16, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “Manufacturing Analytics Market by Type, Applications, Industry Vertical, Regions – Global Forecast to 2021” report to their offering.
The manufacturing analytics market size is expected to grow from USD 3.14 Billion in 2016 to USD 8.45 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.9% during the forecast period. The major growth drivers of the market include the adoption of advanced data-management strategies across the varied manufacturing applications, need for process optimization, emergence of industrial Internet of Things (IoT), increased business agility and scalability, and self-service access to centrally managed data.
The manufacturing analytics market is segmented by software and services. The services segment is expected to grow at the highest CAGR during the forecast period; consulting services in the services segment is projected to witness the highest demand due to the growing need of organizations to comply with the different labor laws and regulations across the globe.
Electronics equipment manufacturing holds the largest share of the manufacturing analytics market in 2016. The growth is fueled by the growing need of people to simplify their workload and their increasing dependence on electronic equipment. Food and beverages manufacturing is expected to grow at the highest CAGR during the forecast period due to the increasing need to improve quality and quantity of products in a cost-effective way.
Companies Mentioned:
- 1010data, Inc.
- Alteryx, Inc.
- Computer Science Corporation (CSC)
- International Business Machines Corporation
- Oracle Corporation
- SAP SE
- SAS Institute, Inc.
- Statsoft, Inc.
- Tableau Software
- Tibco Software, Inc.
- Zensar Technologies Ltd.
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Manufacturing Analytics Market Analysis, By Type
7 Market Analysis, By Application
8 Market Analysis, By Deployment Model
9 Manufacturing Analytics Market Analysis, By Industry Vertical
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
13 Key Innovators
14 Appendix
For more information visit http://www.researchandmarkets.com/research/c45pnh/manufacturing
View source version on businesswire.com: http://www.businesswire.com/news/home/20160616006186/en/
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