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Industrial analytics Market Witnesses Impressive Growth with Rising Demand

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Industrial analytics Market categorizes the global market by component, by analytics type, by deployment model, by organization size, industry Vertical, and Region – PowerPoint PPT presentation

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Title: Industrial analytics Market Witnesses Impressive Growth with Rising Demand


1
MarketsandMarkets Presents
Industrial Analytics Market Witnesses Impressive
Growth With Rising Demand   http//www.marketsandm
arkets.com/Market-Reports/industrial-analytics-mar
ket-90118141.html .
2
The report "Industrial analytics Market by
Component (Software, Service), Analytics Type
(Descriptive, Diagnostic, Predictive, and
Prescriptive), Deployment Model, organization
size, Industry Vertical, and Region - Global
Forecast to 2022", The industrial analytics
market is expected to grow from USD 11.29 Billion
in 2017 to USD 25.51 Billion by 2022, at a
Compound Annual Growth Rate (CAGR) of
17.7.     
3
Browse 78 Market Data Tables and 49 Figures
spread through 173 Pages and in-depth TOC
on "Industrial analytics Market by Component
(Software, Service), Analytics Type (Descriptive,
Diagnostic, Predictive, and Prescriptive),
Deployment Model, organization size, Industry
Vertical, and Region - Global Forecast to
2022 http//www.marketsandmarkets.com/Market-Re
ports/industrial-analytics-market-90118141.html
Early buyers will receive 10 customization on
this report.
 
4
The major forces driving the industrial analytics
market are beginning of the fourth industrial
revolution - industry 4.0, advent of Industrial
Internet of Things (IIoT), and introduction of
advanced data analytics techniques. The
industrial analytics market is growing rapidly
because of the transformation from traditional
industrial Business Intelligence (BI) techniques
for analyzing industrial data to advanced
techniques and massive surge in the volumes of
structured and unstructured data. Customer
analytics software is expected to grow at the
highest CAGR Industrial analytics tools comprise
various software, including operational
analytics, risk analytics, financial analytics,
marketing analytics, customer analytics, and
workforce analytics. Customer analytics is
expected to witness growth at the highest CAGR
during the forecast period, among all industry
analytics software. Customer analytics provides
an organization with a consolidated and real-time
picture of a customers buying behavior and
preferences. Businesses capitalize on this
information, which helps in creating campaigns
that target audience more accurately and gain a
better understanding of effectiveness of
marketing efforts.
 
5
Manufacturing vertical is estimated to have the
largest market size in 2017 The industrial
analytics market is also segmented into various
industry verticals. Out of them, the adoption of
industrial analytics is expected to be the
highest in the manufacturing vertical. The
benefits of using industrial analytics in the
manufacturing vertical are to gain a competitive
advantage by improving the efficiency across the
product life-cycle and providing a relationship
between decision-making and Return on Investment
(ROI). North America is expected to dominate the
industrial analytics market during the forecast
period North America is estimated to hold the
largest share of the industrial analytics market
in 2017, due to technological advancements and
early adoption of analytics solutions in the
region. The market in APAC is expected to grow at
the highest CAGR between 2017 and 2022. The
primary driving forces for this growth are
increasing technological adoption and huge
opportunities across industry verticals in APAC
countries, especially India, China, and Japan.
 
6
 
7
Industrial analytics Market - By Software
 
8
.
The report also encompasses different strategies,
such as acquisitions, partnerships
collaborations, and product developments, adopted
by major players to increase their share in the
market. Major technology vendors in the
industrial analytics market include General
Electric (US), IBM Corporation (US), Microsoft
Corporation (US), Oracle Corporation (US), PTC,
Inc. (US), SAS Institute (US), SAP SE (Germany),
Cisco Systems, Inc. (US), HPE (US), Intel
Corporation (US), Hitachi, Ltd. (Japan), TIBCO
Software, Inc. (US), AGT International
(Switzerland), Bridgei2i Analytics Solutions
(India), and Alteryx, Inc. (US).
 
9
Industrial analytics Market -  Industry Vertical
.
 
10
About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 5000 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "RT" connects over 200,000 markets and
entire value chains for deeper understanding of
the unmet insights along with market sizing and
forecasts of niche markets.
 
11
Contact Us
Contact Mr. Rohan MarketsandMarkets 701 Pike
Street Suite 2175, Seattle, WA 98101, United
States Tel 1-888-600-6441 Email sales_at_marketsa
ndmarkets.com Visit Our Blog _at_
http//www.marketsandmarketsblog.com/market-report
s/telecom-it Connect with us on LinkedIn _at_
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