Global Manufacturing Analytics Market Projected to USD 8.45 Billion by 2021

Global Manufacturing Analytics Market Projected to USD
8.45 Billion by 2021
Manufacturing analytics is a set of advanced analytical tools that help in generating
insights from historical and present process data and identifying relationships and patterns
from various manufacturing processes. The manufacturing analytics market size is
estimated to grow from USD 3.14 Billion in 2016 to USD 8.45 Billion by 2021, at a
Compound Annual Growth Rate (CAGR) of 21.9% from 2016 to 2021. 2015 is considered
to be the base year while the forecast period is 2016 to 2021.
The manufacturing analytics ecosystem comprises analytics vendors, such as 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.); service
providers; system integrators; and enterprises. Other stakeholders of the manufacturing
analytics market include analytics service providers, consulting service providers, IT
service providers, resellers, enterprise users, and technology providers.
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The manufacturing analytics market size is estimated to grow from USD 3.14 Billion in 2016 to USD 8.45 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 21.9% from 2016 to 2021. 2015 is considered to be the base year while the forecast period is 2016 to 2021.