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Manufacturing Intelligence Software Market Size, Share Global Analysis Report, 2020–2026
Manufacturing Intelligence Software Market By Offering (Software, and Services) and End-User Industry (Automotive, Oil & Gas, Pharmaceutical, Food & Beverages): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[195+ Pages Report] According to the report published by Facts Factors, the global manufacturing intelligence software market size was worth around USD 2.3 billion in 2019 and is predicted to grow to around USD 5.4 billion by 2026 with a compound annual growth rate (CAGR) of roughly 15.28% between 2020 and 2026. The report analyzes the global manufacturing intelligence software market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the manufacturing intelligence software market.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Manufacturing Intelligence Software industry. The report analyzes and declares the historical and current trends analysis of the Manufacturing Intelligence Software industry and subsequently recommends the projected trends anticipated to be observed in the Manufacturing Intelligence Software market during the upcoming years.
The Manufacturing Intelligence Software market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Manufacturing Intelligence Software market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
Key Insights from Primary Research
- Extensive interviews with high-level executives of the major companies operating in the global manufacturing intelligence software market, the analysis of the primary research concludes that the global manufacturing intelligence software market to undergo an impressive growth of nearly 15.28% over the forecast period.
- In the year 2019, the market was valued at approximately USD 2.3 Billion, 2019 and is expected to be valued at over USD 5.4 Billion by 2026.
- On the basis of the offering, the service is expected to dominate the global market share while exhibiting the highest growth rate during the forecast period. The automobile sector is expected to generate significant demand and revenue during the forecast period.
- Asia Pacific region is expected to be the fastest-growing region for manufacturing intelligence software over the forecast period. The North America region is expected to generate maximum revenue throughout the studied period.?
Key Recommendations from Analysts
- Our analysts recommend an increased focus on the Asia Pacific region as it is expected to have a significant expansion of the manufacturing sector in the near future. The presence of strong economies and high investment in infrastructure development provides immense potential for market growth in the region.
- Strategic developments such as acquisitions and mergers and regional expansion by the major companies are likely to provide greater market opportunities for global manufacturing intelligence software manufacturers in the upcoming years.
- Our analysts recommend that the Asia Pacific region is predicted to witness significant growth attributed to the growing demand for manufacturing intelligence software from China, Japan, and India.
- The expansion of the industrial base and government-heavy investment in the Asia Pacific region are anticipated to fuel the manufacturing intelligence software market growth over the foreseeable future.
- North America and the European region are expected to remain significant sources of revenue during the studied period. Regional dominance in these regions is expected to provide additional capital capabilities for expansion beyond the borders.
Market Share Analysis by Region
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Manufacturing Intelligence Software industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Manufacturing Intelligence Software industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Manufacturing Intelligence Software market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Manufacturing Intelligence Software industry. The Manufacturing Intelligence Software market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market positions in the Manufacturing Intelligence Software sector. Key strategic developments in the Manufacturing Intelligence Software market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Manufacturing Intelligence Software market are appropriately highlighted in the report.
The rising demand for increased productivity enhanced operational efficiency, and the introduction of modern data analytics are the major driving factors for the global manufacturing intelligence software market.
Additionally, the growing competitive landscape in major sectors is further anticipated to propel the market growth. The Manufacturing Intelligence Software market research report delivers an acute valuation and taxonomy of the Manufacturing Intelligence Software industry by practically splitting the market based on offering, end-user industry, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 2.3 Billion |
Projected Market Size in 2026 |
USD 5.4 Billion |
CAGR Growth Rate |
15.28% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
SAP SE, Oracle Corporation, Siemens, Parsec Automation Corporation, HP, and Aegis Limited, and Others |
Key Segment |
By Offering, End User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The regional segmentation of the Manufacturing Intelligence Software industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Manufacturing Intelligence Software industry is provided for the leading economies of the world.
The Manufacturing Intelligence Software market is segmented based on offering, end-user industry, and region. On the basis of offering segmentation, the market is classified into software and services. On the basis of end-user industry segmentation, the market is segregated into automotive, oil & gas, pharmaceutical, and food & beverages.
Some of the leading players in the global market include
- SAP SE
- Oracle Corporation
- Siemens
- Parsec Automation Corporation
- HP
- Aegis Limited
The taxonomy of the Manufacturing Intelligence Software industry by its scope and segmentation is as follows:
By OfferingSegmentation Analysis
- Software
- Services
By End User Industry Segmentation Analysis
- Automotive
- Oil & Gas
- Pharmaceutical
- Food & Beverages
By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- SAP SE
- Oracle Corporation
- Siemens
- Parsec Automation Corporation
- HP
- Aegis Limited
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