How Big Is the Industrial Analytics Market | Growth Insights & Size 2025

Q: Which industries are adopting industrial analytics the most?

Industries such as manufacturing, automotive, and logistics are leading adopters of industrial analytics solutions.

Q: What is proliferating the growth of industrial analytics market?

The growing reliance on predictive maintenance, and the shift toward data-centric industrial processes are major drivers.

Q: What is the market outlook for industrial analytics?

The industrial analytics market is projected to grow steadily, driven by increased digitalization and the need for smarter, data-driven operations.

Q: What is the expected size of industrial analytics market?

The industrial analytics market is projected to be worth over USD 50.2 billion by 2031, with rapid growth in AI and IoT integration.

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Code: MTA6475

Publication Date: Jul 2025

How Big Is the Industrial Analytics Market?

According to 6Wresearch internal database and industry insights, Global Industrial Analytics Market was valued at USD 18.4 Billion in 2024 and is expected to reach USD 50.2 Billion by 2031, growing at a compound annual growth rate of 18.90% during the forecast period (2025-2031)

This tremendous growth is further bolstered by rising integration of IoT devices in manufacturing, demand for predictive maintenance, and the need for real-time decision-making tools across industries such as oil & gas, automotive, chemicals, and energy.

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Growth Factors of the Industrial Analytics Market

Development of Industry 4.0 and smart factory ecosystems
There has been increasing need for data-driven decision-making in operations
Government initiatives to digitize traditional industrial setups
Proliferation of IoT devices across manufacturing floors
Demand for predictive maintenance to reduce equipment downtime
Cloud-based analytics tools increasing data accessibility

Industrial Analytics Market Trends

Industrial Analytics Marketis seeing a surge in AI-powered analytics adoption, with companies increasingly integrating machine learning to predict maintenance needs and optimize production workflows. Edge analytics is gaining traction to reduce latency in real-time decision-making, particularly in remote or high-risk industrial settings.

Additionally, hybrid cloud deployment models are becoming preferred due to their balance between control and scalability, while user-friendly dashboarding tools are enabling broader workforce adoption of analytics platforms.

Emerging Developments in Industrial Analytics Market

A key development in the industrial analytics space is the convergence of IT and OT enabling unified data streams across manufacturing systems. Real-time digital twin technologies are being adopted to simulate operational changes and forecast outcomes.

Moreover, analytics providers are developing industry-specific solutions tailored for sectors like oil & gas, discrete manufacturing, and utilities, thereby accelerating deployment and ROI. Integration with ERP and MES systems is also becoming seamless, improving data harmonization.