Unlocking the Power of Big Data for Smarter Manufacturing
Unlocking the Power of Big Data for Smarter Manufacturing
The Fortune Business Insights Research Company recently published a detailed research titled Global Big Data in Manufacturing Market Size 2025: Trends Analysis with Forecast 2025. This current market research study contains a plethora of useful insights and data, such as worldwide market size, regional shares, and competitor market share. Additionally, it discusses current trends, future opportunities, and critical statistics for market success.
Big data in the manufacturing industry is transforming operations by enabling real-time analytics and predictive maintenance. This technology optimizes production processes, enhances quality control, and drives efficiency through data-driven decision-making.
In summary, Fortune Business Insights™’s latest report on the Global Big Data in Manufacturing Market is a must-read for any industry
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Forecast Growth Projected:
The global big data in manufacturing industry size was valued at USD 3.22 billion in 2018 and is projected to reach USD 21.51 billion by 2032, exhibiting a CAGR of 12.6% during the forecast period. Europe dominated the Big Data in Manufacturing Industry with a market share of 26.70% in 2018.
List of the Major Key Players in the Big Data in Manufacturing Market:
Accenture Plc.
Alteryx, Inc.
Angoss Software Corporation
Fair Isaac Corporation
IBM Corporation
Microsoft Corporation
Oracle Corporation
SAP SE
SAS Institute, Inc.
Tibco Software, Inc. (Alpine Data)
Key Industry Devlopments in the Big Data in Manufacturing Market:
June 2016 – Accenture Plc. launched seven advanced analytics applications, which will support in detecting fraud, and it was designed for banking, government agencies, manufacturing, and telecommunication companies.
January 2018 – Datawatch Corporation acquired Angoss Software Corporation to expand the product portfolio to offer extensive predictive and prescriptive analytics for every application and it will help a business to discover valuable insights.
Segmentation:
By Offering
Solution
Services
By Deployment
On Premise
Cloud-based
Hybrid
By Application
Customer Analytics
Operational Analytics
Quality Assessment
Supply Chain Management
Production Management
Others (Machine Maintenance, etc.)
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What are the New Additions in Big Data in Manufacturing Market Report?
Comprehensive Market Analysis: The 2023 study offers a comprehensive industry analysis, including important market trends, development drivers, challenges, and opportunities. It covers several industrial sectors and provides information on market size, share, and segmentation.
Company Profiles: The study contains detailed information on significant industry participants. It provides thorough profiles of these organizations, focusing on their financial performance, product portfolios, strategic objectives, alliances, and competitive landscape research.
Customization and Analyst Support: The report provides customized services and analyst help upon request. This might involve custom research, particular data requirements, or unique insights depending on the client's needs and preferences.
Recent Market Developments: The report reflects the most recent market developments that have transpired since the last edition. It contains recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other major events that have shaped the industrial landscape.
Futuristic Growth Opportunities: The research examines and provides potential for future growth in the sector. It delves into developing technologies, industry trends, consumer preferences, and regulatory variables that are projected to fuel development and innovation in the next years.
Regional/Country Reports: In response to particular requests, the report provides tailored regional or country-specific analyses. This allows for a better grasp of market dynamics, the competitive environment, and prospects within a certain area or nation.
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