Jan 08, 2020 (MarketersMedia via COMTEX) -- Some of the key players in global Enterprise Manufacturing Intelligence market are Emerson Electric Co., Dassault Systemes Sa, ABB Ltd., Yokogawa Electric Corporation, Oracle Corporation, Siemens AG, Acumence Inc., Aspen Technology, Inc., QISOFT, and Aveva Group Plc.
Gaithersburg, Maryland, United States - January 8, 2020 /MarketersMedia/ --
Some of the key factors influencing the market growth include a rising emphasis on regulatory compliances results, growing need for enhanced operational efficiency, rising supplier complexity, and stringent regulatory framework in the highly regulated industries. However, high costs associated with integration limit the adoption of EMI in older enterprises are hindering the market growth.
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Enterprise Manufacturing Intelligence is a system that provides an organization with relevant manufacturing data. It uses multiple sources to derive data and provide it at an organizational level. In turn, organizations will use the data to plan and implement things at the enterprise level. The aim of the global enterprise manufacturing intelligence market is to provide real data sourced from multiple platforms. This should help a user to derive to a conclusion or a context based on the data. Big data analytics is being used in enterprise manufacturing software.
Amongst deployment type, Embedded EMI Solutions has significant growth during the forecast period due to ongoing technological advancements, increasing popularity of IoT, and growing demand for sustainable production.
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By Geography, North America is expected to witness considerable growth during the forecast period; EMI is witnessing a rapid adoption rate across various industries such as oil and gas, automotive, medical devices, chemicals which are expected to support the market growth in North America. Further, the presence of leading market players in this region and increasing government's investments are anticipated to fuel the North American market.
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Deployment Types Covered:
? Standalone EMI Solutions
? Embedded EMI Solutions
? Data Contextualization
? Data Integration
? Analytics and Analysis
End Users Covered:
? Discrete Industries
? Process Industries
? North America
o Rest of Europe
? Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
? South America
o Rest of South America
? Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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