Product Code: ETC4400845 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India industrial analytics market is witnessing significant growth as manufacturing and industrial sectors increasingly adopt analytics solutions to optimize operations, improve efficiency, and reduce downtime. Industrial analytics involves the collection and analysis of data from various sensors and equipment to monitor and improve industrial processes. Industries such as manufacturing, energy, and logistics are leveraging industrial analytics to gain a competitive edge and improve their bottom line. As industries evolve and automation becomes more prevalent, the India industrial analytics market is expected to continue expanding, offering innovative solutions for a wide range of industrial applications.
Industrial analytics in India is experiencing substantial growth as manufacturing and industrial sectors recognize the potential for improved efficiency and cost savings. The adoption of Industry 4.0 concepts, including automation and smart manufacturing, is generating vast amounts of data. Industrial analytics solutions are critical in turning this data into valuable insights for optimizing operations, reducing downtime, and enhancing product quality. As industries strive to remain competitive on a global scale, the demand for industrial analytics tools continues to rise, driven by the need for data-driven decision-making and improved productivity.
Industrial analytics faces challenges in integrating data from diverse industrial sensors and systems. Ensuring data security and addressing regulatory compliance in industrial settings are paramount.
The COVID-19 pandemic had a profound impact on the India Industrial Analytics market. As manufacturing and industrial sectors faced disruptions due to lockdowns and supply chain challenges, the need for real-time data analytics became critical. Industrial analytics solutions that provided insights into production processes, supply chain optimization, and predictive maintenance gained prominence. While some industrial projects were temporarily put on hold due to the pandemic, many manufacturers accelerated their digital transformation efforts, recognizing the importance of analytics in building resilience. Post-pandemic, industrial analytics is expected to play a pivotal role in helping India industries adapt to changing market dynamics and enhance operational efficiency.
The India Industrial Analytics market sees the active participation of key players like General Electric Company, Siemens AG, IBM Corporation, and Rockwell Automation, Inc. These companies offer advanced industrial analytics solutions that leverage data from manufacturing processes and industrial equipment to improve efficiency, reliability, and predictive maintenance. Their technologies play a crucial role in enhancing the competitiveness of industrial sectors in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Analytics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Analytics Market - Industry Life Cycle |
3.4 India Industrial Analytics Market - Porter's Five Forces |
3.5 India Industrial Analytics Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 India Industrial Analytics Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.7 India Industrial Analytics Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.8 India Industrial Analytics Market Revenues & Volume Share, By Analytics Type, 2021 & 2031F |
3.9 India Industrial Analytics Market Revenues & Volume Share, By Organization size, 2021 & 2031F |
4 India Industrial Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of Industrial Internet of Things (IIoT) technologies in India |
4.2.2 Growing demand for predictive maintenance and asset optimization solutions in industrial sectors |
4.2.3 Government initiatives to promote digitalization and automation in manufacturing industries |
4.3 Market Restraints |
4.3.1 High initial investment cost for implementing industrial analytics solutions |
4.3.2 Lack of skilled professionals in data analytics and machine learning domains in India |
4.3.3 Concerns regarding data security and privacy in industrial settings |
5 India Industrial Analytics Market Trends |
6 India Industrial Analytics Market, By Types |
6.1 India Industrial Analytics Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Analytics Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 India Industrial Analytics Market Revenues & Volume, By Software, 2021-2031F |
6.1.4 India Industrial Analytics Market Revenues & Volume, By Service, 2021-2031F |
6.2 India Industrial Analytics Market, By Software |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Analytics Market Revenues & Volume, By Operational analytics, 2021-2031F |
6.2.3 India Industrial Analytics Market Revenues & Volume, By Risk analytics, 2021-2031F |
6.2.4 India Industrial Analytics Market Revenues & Volume, By Financial analytics, 2021-2031F |
6.2.5 India Industrial Analytics Market Revenues & Volume, By Marketing analytics, 2021-2031F |
6.2.6 India Industrial Analytics Market Revenues & Volume, By Customer analytics, 2021-2031F |
6.2.7 India Industrial Analytics Market Revenues & Volume, By Workforce analytics, 2021-2031F |
6.3 India Industrial Analytics Market, By Service |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Analytics Market Revenues & Volume, By Managed services, 2021-2031F |
6.3.3 India Industrial Analytics Market Revenues & Volume, By Professional services, 2021-2031F |
6.4 India Industrial Analytics Market, By Analytics Type |
6.4.1 Overview and Analysis |
6.4.2 India Industrial Analytics Market Revenues & Volume, By Descriptive, 2021-2031F |
6.4.3 India Industrial Analytics Market Revenues & Volume, By Diagnostic, 2021-2031F |
6.4.4 India Industrial Analytics Market Revenues & Volume, By Predictive, 2021-2031F |
6.4.5 India Industrial Analytics Market Revenues & Volume, By Prescriptive, 2021-2031F |
6.5 India Industrial Analytics Market, By Organization size |
6.5.1 Overview and Analysis |
6.5.2 India Industrial Analytics Market Revenues & Volume, By Large enterprises, 2021-2031F |
6.5.3 India Industrial Analytics Market Revenues & Volume, By Small and medium-sized enterprises, 2021-2031F |
7 India Industrial Analytics Market Import-Export Trade Statistics |
7.1 India Industrial Analytics Market Export to Major Countries |
7.2 India Industrial Analytics Market Imports from Major Countries |
8 India Industrial Analytics Market Key Performance Indicators |
8.1 Percentage increase in the number of IIoT devices deployed in Indian industries |
8.2 Reduction in downtime and maintenance costs in industrial facilities after implementing analytics solutions |
8.3 Increase in the adoption rate of cloud-based analytics platforms by Indian industrial companies |
9 India Industrial Analytics Market - Opportunity Assessment |
9.1 India Industrial Analytics Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 India Industrial Analytics Market Opportunity Assessment, By Software, 2021 & 2031F |
9.3 India Industrial Analytics Market Opportunity Assessment, By Service, 2021 & 2031F |
9.4 India Industrial Analytics Market Opportunity Assessment, By Analytics Type, 2021 & 2031F |
9.5 India Industrial Analytics Market Opportunity Assessment, By Organization size, 2021 & 2031F |
10 India Industrial Analytics Market - Competitive Landscape |
10.1 India Industrial Analytics Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |