The enterprise manufacturing intelligence market is expected to grow at a CAGR of 17.1% between 2016 and 2022, to reach USD 3.95 billion by 2022.
The key driving factors for the growth of the enterprise manufacturing intelligence market are rising need for enhanced operational efficiency, increasing complexities in the supply chain process, intense competition among manufacturing companies, and rising emphasis on regulatory compliance. However, hefty initial investments and high costs associated with integration and support are the major restraints for the growth of the EMI market.
The market for embedded EMI solutions is expected to grow at the highest rate in the enterprise manufacturing intelligence market between 2016 and 2022. Large enterprises are entitled to respond flexibly to changes and developments arising due to globalization. They usually have to restructure their organization within a very short span of time and adapt relative technological developments to remain competitive in the market. Therefore, they prefer systems that can be implemented easily and quickly within their premises and without the need of any complex setups. This is expected to drive the growth of the embedded EMI solutions during the forecast period.
The market for enterprise manufacturing intelligence in the APAC region is expected to grow at the highest CAGR between 2016 and 2022. Rapid industrialization in Asia and consistent growth in the Pacific region has boosted the manufacturing sector in APAC augmenting the EMI market growth in this region. Countries such as China and Japan are expected to drive the growth of the enterprise manufacturing intelligence market in Asia.
- ABB Ltd.
- Aspen Technology, Inc.
- Dassault Systemes Sa
- Emerson Electric Co.
- General Electric Co.
- Honeywell International Inc.
- Rockwell Automation, Inc.
- SAP SE
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market Analysis, By Deployment Type
8 Market Analysis, By Application
9 Market Analysis, By Offering
10 Market Analysis, By End-User Industry
11 Geographical Analysis
12 Competitive Landscape
13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/4gtcx5/enterprise
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SOURCE Research and Markets