Massive surge in structured and unstructured shop floor data is driving the growth of manufacturing analytics market. The global manufacturing analytics market to grow from $3.14 billion in 2016 to $8.45 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.9%. Complete report on global manufacturing analytics market spread across 135 pages, profiling 11 companies and supported with 74 tables and 47 figures is now available at http://www.rnrmarketresearch.com/manufacturing-analytics-market-by-type-solution-services-applications-asset-management-inventory-management-emergency-management-supply-chain-planning-sales-marketing-management-others-industry-vert-st-to-2021-market-report.html .
The manufacturing analytics market is growing rapidly because of the transition from traditional Business Intelligence (BI) techniques to advanced analytics techniques and the massive surge of structured and unstructured shop floor data.
North America is expected to hold the largest market share. North America, followed by Europe, is expected to continue being the largest revenue generating region for the manufacturing analytics vendors for the next five years. This is mainly due to the presence of various developed economies such as Canada and the U.S. and because of the high focus on innovations through research and development and technology across manufacturing sector.
Furthermore, the report also includes in-depth competitive analysis of the key players in the manufacturing analytics market, with their company profiles, SWOT analysis, recent developments, and key market strategies. Ask for Discount at http://www.rnrmarketresearch.com/contacts/discount?rname=613296 .
Inventory Management application to have the largest market size in 2016. Inventory management is estimated to have the largest market share in 2016 as inventory cost is considered to be the largest component in working capital for any manufacturer.
The target audiences of the manufacturing analytics market report are:
- Solution vendors
- System integrators
- Advisory firms
- National regulatory authorities
- Venture capitalists
- Private equity groups
- Investment houses
- Equity research firms
Food and beverages manufacturing vertical to have the highest growth rate during the forecast period. Manufacturing analytics solutions have been deployed across various manufacturing industry verticals, including automotive and aerospace, food & beverages, electronics equipment, pharma & life sciences, and chemicals & materials. Food and beverages manufacturing industry vertical is expected to witness the highest CAGR during the forecast period because of the increasing demand for food products across regions which results in higher amount of data generation. Get sample report at http://www.rnrmarketresearch.com/contacts/request-sample?rname=613296 .
In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (20%), Tier 2 (42%) and Tier 3 (38%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (55%), Director Level (26%) and others (19%) from various key organizations operating in the global manufacturing analytics market. The primary interviews were conducted worldwide covering regions such as North America (47%), Europe (32%), and APAC (21%).
The report includes the study of key players offering manufacturing analytics software and services: SAS Institute (U.S.), Tableau Software (U.S.), Tibco Software (U.S.), Oracle Corporation (U.S.), IBM Corporation (U.S.), Computer Science Corporation (U.S.), Dell Statsoft (U.S.), SAP SE (Germany), Zensar Technologies Ltd. (India), 1010Data (U.S.), and Alteryx (U.S.). Make an Inquiry on “Manufacturing Analytics Market by Type (Solution & Services), Applications (Asset Management, Inventory Management, Emergency Management, Supply Chain Planning, Sales & Marketing Management, & Others), Industry Vertical, Regions - Global Forecast to 2021” research report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=613296 .
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