Global Big Data Market In The Manufacturing Sector 2023-2027
The big data market in the manufacturing sector is forecasted to grow by USD 10,535.62 mn during 2022-2027, accelerating at a CAGR of 20.63% during the forecast period. The report on the big data market in the manufacturing sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of Industry 4.0, increasing data generation, and emergence of advanced analytics and AI.
Technavio's big data market in the manufacturing sector is segmented as below:
By Type
By Deployment
- On-premises
- Cloud-based
- Hybrid
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the emergence of AI and machine learning (ML) as one of the prime reasons driving the big data market in the manufacturing sector growth during the next few years. Also, adoption of hybrid cloud deployments and integration of augmented reality and virtual reality for remote maintenance will lead to sizable demand in the market.
The report on the big data market in the manufacturing sector covers the following areas:
- Big data market in the manufacturing sector sizing
- Big data market in the manufacturing sector forecast
- Big data market in the manufacturing sector industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading big data market in the manufacturing sector vendors that include ABB Ltd., Alteryx Inc., Cisco Systems Inc., Cloudera Inc., Dell Technologies Inc., Emerson Electric Co., Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., Oracle Corp., PTC Inc., Rockwell Automation Inc., Salesforce Inc., SAP SE, SAS Institute Inc., Siemens AG, Splunk Inc., Teradata Corp., and Zensar Technologies Inc.. Also, the big data market in the manufacturing sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.