Big data is a term used for large volume of structured and unstructured data stored on a daily basis. Further, big data analytics technique is implemented by the companies to examine market trends, hidden patterns, and other useful information, which helps in making effective business decisions. Big data analytics in manufacturing helps enterprises in better supply chain planning, process defect tracking, and components defect tracking. Predictive analytics is one of the major applications of big data analytics used to extract information from data, and predict trends and behavior patterns.
Rise in demand for big data across various industry verticals and increase in demand for big data in manufacturing to reduce the production defects and optimize supply chain management are expected to boost the market. It is estimated that the data generated in a day in current global scenario is equivalent to the data generated in last decade. To handle such huge amounts of data, Big Data has often proved to be a useful tool. With the concept of Industry 4.0 shaping the production establishments in the modern manufacturing industry, the amount of data produced from the manufacturing sector grew rapidly. However, integration of big data is a complex process, which is expected to hinder the market growth. Moreover, adoption of manufacturing analytics by various automobile manufacturers presents a major opportunity for the key players in the manufacturing market.
The report offers detailed coverage of Big Data in Manufacturing industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Big Data in Manufacturing by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Big Data in Manufacturing market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Big Data in Manufacturing market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
EMC
HP
IBM
Oracle
At the same time, we classify Big Data in Manufacturing according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Big Data in Manufacturing market for the forecast period 2020 - 2025?
• What are the driving forces in the Big Data in Manufacturing market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Big Data in Manufacturing industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?