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Pulished Date February, 2021
ID: 11024
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Global Big Data Analytics in Manufacturing Industry Market – Segmentation By Component (Software and Services), By Application (Predictive Maintenance, Budget Monitoring, Product Life Cycle Management, Field Activity Management and Others), By Deployment Mode (Cloud and On Premises), By End User Industry (Semiconductor, Aerospace, Automotive and Others) and by Geography (North America, Europe, Asia Pacific and the Rest of the World) - Forecast (2021 - 2026)

Pulished: February, 2021
ID: 11024
Pages: 150

Global Big Data Analytics in Manufacturing Industry Market Size (2021 – 2026)

The global Big Data Analytics in Manufacturing Industry market was assessed to be USD 904.65 million in 2019 that is estimated to increase to USD 4.55 billion by the end of 2025 with a compound annual growth rate of 30.9% during the foreseen period of 2021 to 2026. The market value of big data analytics in manufacturing industry is expected to increase more with the increasing investments in the R&D in the coming years.

Large volume of structured and unstructured data stored on a daily basis is generally known as Big Data. This technique is implemented by companies to examine the market trends, hidden patterns and other useful information that helps in making effective business decisions.

Recent Market Developments:

  • In the month of June 2020, Microsoft Corporation collaborated with Hitachi to meet the growing demand for the predictive maintenance and process automation in the manufacturing and logistics industries across Southeast Asia, North America and Japan.
  • During October 2019, Erbessd Instruments introduced a wireless vibration monitoring system known as phantom that can integrate with parameters like temperature, RPM, power and speed into a single diagnosis system.

Driving Factors

Rising demand for big data across various industry verticals is one of the major driving factors of the global Big Data Analytics in Manufacturing Industry market growth rate. Another major driving factor of the Big Data Analytics in Manufacturing Industry market was increase in the need for big data in manufacturing to reduce the production defects and optimize the supply chain management.

Adoption of manufacturing analytics by various automobile manufacturers are some of the growth supporting factors of the market for Big Data Analytics in Manufacturing Industry in terms of revenue rate. Increasing investments by the companies from emerging economies such as India, Brazil and China for new product innovation boosts the growth of the market of Big Data Analytics in Manufacturing Industry.

Challenges

The Big Data Analytics in Manufacturing Industry is the high cost of the equipment that hinders the growth of the worldwide market. Another major restraint that is effecting the growth of the market of Big Data Analytics in Manufacturing Industry was the integration of big data in this industry.

Segmentation Analysis

The Big Data Analytics in Manufacturing Industry market is segmented on the basis of component, on the basis of application, on the basis of deployment mode, on the basis of end user industry and on the basis of geography.

  • On the basis of component, the Big Data Analytics in Manufacturing Industry market is segmented into two types, namely software and services. Among these, the services segment holds the major share of the market among the others.
  • On the basis of application, the market of Big Data Analytics in Manufacturing Industry is bifurcated into field activity management, predictive maintenance, budget monitoring, product life cycle management and other applications. Among these, the product life cycle management tower segments holds the major share of the market.
  • On the basis of deployment mode, the Big Data Analytics in Manufacturing Industry market is segmented into cloud and on-premises. Among these, cloud segment holds the major share of the market as they are getting more popular around the world.
  • On the basis of end user industry, the Big Data Analytics in Manufacturing Industry market is segmented into semiconductor, aerospace, automotive and other end user industries. Among these, the semiconductor segment holds the substantial share of the market compared to the other segments.

Regional Analysis

The Big Data Analytics in Manufacturing Industry market is elaborated in various regions all around the world such as North America (US, Mexico, Canada and rest of North America), Europe region (UK, France, Italy, Germany, Spain and rest of Europe), Asia Pacific region (China, India, Japan, Australia and rest of Asia Pacific) and rest of the world.

Asia Pacific region holds the major share of the market due to the presence of some of the key industry players in the area is also a major driving factor that helps the growth of the market of Big Data Analytics in Manufacturing Industry in the Asia Pacific. Also, increasing investments and development in some of the emerging economies such as China and India is also one of the major driving factor propels the growth of the market of Big Data Analytics in Manufacturing Industry in the Asia Pacific area.

North America region holds the second largest share of the market of Big Data Analytics in Manufacturing Industry owing to the increasing in in ground in local business operations are some of the factors that is helping the market of Big Data Analytics in Manufacturing Industry to grow further in the North American region.

Europe region is anticipated to increase the market value of Big Data Analytics in Manufacturing Industry owing to the surge in funding by the major key players of the market in the European nations.

Key market players

Some of the key players of the global Big Data Analytics in Manufacturing Industry market are IBM Corporation, SAP SE, SAS Institute Inc., OpenText Corporation, Microsoft Corporation, Oracle Corporation, Microstrategy, Information Builders, Tableau Software Inc., and Qlik Technologies Inc.

COVID-19 impact on Big Data Analytics in Manufacturing Industry Market

The market of Big Data Analytics in Manufacturing Industry is expected to increase the revenue rate in the next few months with all the industries started their manufacturing of the products that in turn going to increase the revenue rate of the Big Data Analytics in Manufacturing Industry. Coronavirus has impacted the global industries in three ways, by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets due to the strict lockdown imposed by the government authorities all around the world.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Big Data Analytics in Manufacturing Industry Market, By Component               

                                6.1.1 Software 

                                6.1.2 Services   

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Big Data Analytics in Manufacturing Industry Market, By Application                 

                                6.2.1 Predictive Maintenance    

                                6.2.2 Budget Monitoring              

                                6.2.3 Product Life Cycle Management    

                                6.2.4 Field Activity Management              

                                6.2.5 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.6 Y-o-Y Growth Rate Analysis              

                                6.2.7 Market Attractiveness Index           

                6.3 Big Data Analytics in Manufacturing Industry Market, By Deployment Mode                 

                                6.3.1 On-Premises          

                                6.3.2 Cloud        

                                6.3.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.4 Y-o-Y Growth Rate Analysis              

                                6.3.5 Market Attractiveness Index           

                6.4 Big Data Analytics in Manufacturing Industry Market, By End-User                    

                                6.4.1 Semiconductor     

                                6.4.2 Aerospace

                                6.4.3 Automotive            

                                6.4.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.4.5 Y-o-Y Growth Rate Analysis              

                                6.4.6 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Component      

                                7.2.3 By Application       

                                7.2.4 By Deployment Mode        

                                7.2.5 By End-User           

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Component      

                                7.3.3 By Application       

                                7.3.4 By Deployment Mode        

                                7.3.5 By End-User           

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Component      

                                7.4.3 By Application       

                                7.4.4 By Deployment Mode        

                                7.4.5 By End-User           

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Component      

                                7.5.3 By Application       

                                7.5.4 By Deployment Mode        

                                7.5.5 By End-User           

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Component      

                                7.6.3 By Application       

                                7.6.4 By Deployment Mode        

                                7.6.5 By End-User           

8. Key Player Analysis                                    

                8.1 IBM Corporation                      

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 SAP SE                          

                8.3 SAS Institute Inc                       

                8.4 OpenText Corporation                          

                8.5 Microsoft Corporation                           

                8.6 Oracle Corporation                 

                8.7 Microstrategy                           

                8.8 Information Builders                              

                8.9 Tableau Software Inc                             

                8.10 Qlik Technologies Inc                           

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Component, Application, Deployment Mode, End-User Industry along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Global Big Data Analytics in Manufacturing Industry Market By Region, From 2021-2026 ( USD Billion )
  2. Global Big Data Analytics in Manufacturing Industry Market By Component, From 2021-2026 ( USD Billion )
  3. Global Software Market By Region, From 2021-2026 ( USD Billion )
  4. Global Services Market By Region, From 2021-2026 ( USD Billion )
  5. Global Big Data Analytics in Manufacturing Industry Market By Application, From 2021-2026 ( USD Billion )
  6. Global Predictive Maintenance Market By Region, From 2021-2026 ( USD Billion )
  7. Global Budget Monitoring Market By Region, From 2021-2026 ( USD Billion )
  8. Global Product Life Cycle Management Market By Region, From 2021-2026 ( USD Billion )
  9. Global Field Activity Management Market By Region, From 2021-2026 ( USD Billion )
  10. Global Big Data Analytics in Manufacturing Industry Market By Deployment Mode, From 2021-2026 ( USD Billion )
  11. Global On-Premises Market By Region, From 2021-2026 ( USD Billion )
  12. Global Cloud Market By Region, From 2021-2026 ( USD Billion )
  13. Global Big Data Analytics in Manufacturing Industry Market By End-User, From 2021-2026 ( USD Billion )
  14. Global Semiconductor Market By Region, From 2021-2026 ( USD Billion )
  15. Global Aerospace Market By Region, From 2021-2026 ( USD Billion )
  16. Global Automotive Market By Region, From 2021-2026 ( USD Billion )

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