Enterprise Manufacturing Intelligence - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Enterprise Manufacturing Intelligence Market is accounted for $2.20 billion in 2018 and is expected to reach $10.10 billion by 2027 growing at a CAGR of 18.5% during the forecast period. Some of the key factors influencing the market growth include a rising emphasis on regulatory compliances results, growing need for enhanced operational efficiency, rising supplier complexity, and stringent regulatory framework in the highly regulated industries. However, high costs associated with integration limit the adoption of EMI in older enterprises are hindering the market growth.
Enterprise Manufacturing Intelligence is a system that provides an organization with relevant manufacturing data. It uses multiple sources to derive data and provide it at an organizational level. In turn, organizations will use the data to plan and implement things at the enterprise level. The aim of the global enterprise manufacturing intelligence market is to provide real data sourced from multiple platforms. This should help a user to derive to a conclusion or a context based on the data. Big data analytics is being used in enterprise manufacturing software.
Amongst deployment type, Embedded EMI Solutions has significant growth during the forecast period due to ongoing technological advancements, increasing popularity of IoT, and growing demand for sustainable production. By Geography, North America is expected to witness considerable growth during the forecast period; EMI is witnessing a rapid adoption rate across various industries such as oil and gas, automotive, medical devices, chemicals which are expected to support the market growth in North America. Further, the presence of leading market players in this region and increasing government’s investments are anticipated to fuel the North American market.
Some of the key players in global Enterprise Manufacturing Intelligence market are Emerson Electric Co., Dassault Systemes Sa, ABB Ltd., Yokogawa Electric Corporation, Rockwell Automation, Inc., SAP SE, Honeywell International Inc., Hewlett Packard Enterprise Development LP, General Electric Co., Schneider Electric SE, Epicor Software Corporation, Oracle Corporation, Siemens AG, Acumence Inc., Aspen Technology, Inc., Parsec Automation Corporation, QISOFT, and Aveva Group Plc.
Deployment Types Covered:
• Standalone EMI Solutions
• Embedded EMI Solutions
• Data Contextualization
• Data Integration
• Analytics and Analysis
End Users Covered:
• Discrete Industries
• Process Industries
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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