New York, NY -- (SBWIRE) -- 07/02/2020 -- Manufacturing analytics is the process of capturing, collecting, and analyzing key performance indicators (KPIs) such as downtime, production volume, costs, return on assets, and others, to enhance the production process and improve manufacturing business. The advantages offered by manufacturing analytics solutions include availability of real time data, reduction in costs, customer satisfaction by analyzing performance or quality issues, decrease in unplanned downtime, and increased productivity. Rise in use of predictive analytics in this solution for predictive maintenance is expected to gain traction in the coming years.

Major Key Players of the Manufacturing Analytics Market are:
SAP SE, Oracle Corp., SAS Institute Inc., Tableau Software Inc., TIBCO Software Inc., IBM Corp., Alteryx, Inc., Sisense, Inc., Wipro Limited, and General Electric Company.

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Rise in investment on big data for manufacturing, emergence of Industrial Internet of Things (IIoT), increase in need for process optimization as well as surge in awareness about the benefits of manufacturing analytics are the major factors that fuel the growth of the manufacturing analytics market. However, lack of integration with legacy systems and scarcity of skilled staff are expected to impede the manufacturing analytics market growth. On the contrary, integration of new technologies such as AI, AR/VR, and machine learning in manufacturing analytics is expected to provide lucrative opportunity for the market growth in the coming years.

The manufacturing analytics market is segmented on the basis of component, deployment, application, industry vertical, and region.

Major Types of Manufacturing Analytics Market covered are:
Software
Services

Major Applications of Manufacturing Analytics Market covered are:
Predictive Maintenance
Inventory Management
Supply Chain Optimization
Others

Research objectives:-

– To study and analyze the global Manufacturing Analytics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Manufacturing Analytics market by identifying its various sub-segments.
– Focuses on the key global Manufacturing Analytics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Manufacturing Analytics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Manufacturing Analytics Market Size
2.2 Manufacturing Analytics Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Manufacturing Analytics Market Size by Manufacturers
3.2 Manufacturing Analytics Key Players Head office and Area Served
3.3 Key Players Manufacturing Analytics Product/Solution/Service
3.4 Date of Enter into Manufacturing Analytics Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Manufacturing Analytics Sales by Product
4.2 Global Manufacturing Analytics Revenue by Product
4.3 Manufacturing Analytics Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Manufacturing Analytics Breakdown Data by End User

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In the end, Manufacturing Analytics industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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