Manufacturing Business Intelligence (BI) Market was valued at USD 6.40 Billion in 2022 and is projected to reach USD 12.12 Billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030.
Looking ahead from 2023 to 2033, the Manufacturing BI market is poised for continued expansion. The global market, valued at USD 7.2 billion in 2023, is predicted to reach USD 13.6 billion by 2030, exhibiting a CAGR of 10.1% during this period. This growth is attributed to the increasing complexity of manufacturing processes and the need for real-time data analysis to maintain competitiveness.
Key components driving this growth include:
Data Visualization: Transforming complex data into understandable formats for quick insights.
Predictive Analytics: Anticipating future trends to make proactive adjustments.
Integration of Advanced Technologies: Incorporating AI and IoT to enhance data collection and analysis.
Industries such as automotive, electronics, pharmaceuticals, and consumer goods are expected to be significant contributors to this growth. For instance, the automotive sector utilizes BI for supply chain optimization, while the pharmaceutical industry relies on BI to ensure compliance and track production quality.
In my experience working with manufacturing firms, the implementation of BI solutions has been transformative. One client, a mid-sized electronics manufacturer, integrated a BI system that consolidated data from various sources, providing real-time insights into their production line. This integration led to a 15% increase in efficiency and a 10% reduction in waste within the first year.
As the manufacturing landscape evolves, the role of Business Intelligence becomes increasingly critical. Companies that invest in robust BI solutions are better equipped to navigate challenges, capitalize on opportunities, and maintain a competitive edge in the market.
Get an In-Depth Research Analysis of the Global Manufacturing Business Intelligence (BI) Market Size And Forecast [2025-2032]
Between 2018 and 2022, the Manufacturing Business Intelligence (BI) market experienced significant growth, driven by the increasing adoption of data analytics to enhance operational efficiency. In 2023, the market was valued at approximately USD 29.44 billion and is projected to reach USD 63.78 billion by 2030, reflecting a compound annual growth rate (CAGR) of 9.2% during the forecast period. This upward trend underscores the escalating demand for data-driven decision-making in manufacturing processes.
During this period, manufacturers faced challenges such as rising operational costs and supply chain disruptions. To mitigate these issues, many turned to BI tools to streamline operations and improve productivity. By integrating BI solutions, companies optimized resource allocation, monitored performance metrics, and enhanced quality control, leading to better forecasting and inventory management.
Microsoft Power BI
Tableau
SAP BusinessObjects
QlikView
IBM Cognos Analytics
Oracle BI
MicroStrategy
MaboTech
Domo
Grow
Style
Fanruan
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Manufacturing Business Intelligence (BI) Market
Data Analysis
Production Management
Others
Based on Types the Market is categorized into Below types that held the largest Manufacturing Business Intelligence (BI) market share In 2023.
Online BI
Offline BI
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Manufacturing Business Intelligence (BI) Market Research Analysis
1. Introduction of the Global Manufacturing Business Intelligence (BI) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Manufacturing Business Intelligence (BI) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Manufacturing Business Intelligence (BI) Market, By Type
6. Global Manufacturing Business Intelligence (BI) Market, By Application
7. Global Manufacturing Business Intelligence (BI) Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Manufacturing Business Intelligence (BI) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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