How Big Is the Manufacturing Analytics Market | Current Value & Future Outlook 2025

Q: What is the projected value of the manufacturing analytics market?

The manufacturing analytics market is expected to surpass USD 22.3 billion by 2031, fueled by smart factory transformation and data-driven operations.

Q: What is influencing growth in the manufacturing analytics market?

The manufacturing analytics market is driven by Industry 4.0 adoption, predictive maintenance tools, and a need for operational efficiency and cost control.

Q: How is the competitive environment in the manufacturing analytics market?

The manufacturing analytics market is highly dynamic, with tech leaders offering end-to-end solutions spanning edge computing, AI, and cloud integration.

Q: Who are the major companies in the manufacturing analytics market?

Key players in the manufacturing analytics market include Siemens, IBM, GE, SAP, Microsoft, and Oracle, offering scalable analytics platforms and services.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA7021

Publication Date: Jul 2025

How Big Is the Manufacturing Analytics Market?

According to 6Wresearch internal database and industry insights, the Global manufacturing analytics market was valued at USD 7.9 billion in 2024 and is projected to surpass USD 22.3 billion by 2031, advancing at a CAGR of 13.10%.

The momentum within the market is increasing due to the real-time insights, smart factory initiatives and cost-effective operations. The market is growing quickly, as businesses adopt analytics platforms to improve asset performance and predictive maintenance to improve overall equipment effectiveness (OEE).

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Growth Factors of the Manufacturing Analytics Market

Adoption of Industry 4.0 technologies across production environments
Increased need for predictive maintenance and downtime reduction
Rise in connected devices and IIoT enabling real-time data monitoring
Cost savings through supply chain and inventory optimization analytics
Expansion of cloud platforms offering scalable analytics services
Emphasis on quality control and production efficiency across sectors

Manufacturing Analytics Market Trends

There is a strong interest in AI-powered platforms in the Manufacturing Analytics Market that can generate actionable insights from machine data to help operators identify anomalies, predict failures and recommend process changes.

A second trend is making the analytics tools directly available to the ERP and MES environments, which allow manufacturers to have operational and business intelligence in the same context to speed up decision-making and improve visibility across functions.

Emerging Developments in the Manufacturing Analytics Market

Manufacturing Analytics Market is evolving with the early emergence of edge analytics in which data are analyzed as close to the machine as possible to reduce latency. This is particularly interesting in the high-speed, high-volume manufacturing world.

Vendors are also incorporating analytics into digital twins, simulation tools, and AR-based operator training tools, reimagining data analytics in order to improve productivity, reduce human error, and account for workforce transformation initiatives.