{"product_id":"global-big-data-analytics-in-transportation-market-size-study-forecast-by-component-software-and-services-by-application-customer-analytics-and-loyalty-marketing-customer-and-pricing-optimization-predictive-maintenance-analysis-and-regional-anal","title":"Global Big Data Analytics in Transportation Market Size study \u0026 Forecast, by Component (Software and Services), by Application (Customer Analytics and Loyalty Marketing, Customer and Pricing Optimization, Predictive Maintenance Analysis) and Regional Anal","description":"\u003cp\u003eGlobal Big Data Analytics in Transportation Market Size study \u0026amp; Forecast, by Component (Software and Services), by Application (Customer Analytics and Loyalty Marketing, Customer and Pricing Optimization, Predictive Maintenance Analysis) and Regional Analysis, 2022-2029\u003cbr\u003e\nGlobal Big Data Analytics in Manufacturing Market is valued at approximately USD 1.18 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 30.9 % over the forecast period 2022-2029. Big data analytics in manufacturing assists businesses in improving supply chain planning, process defect tracking, and component defect tracking. One of the most important applications of big data analytics is predictive analytics, which is used to extract information from data and predict trends and behaviour patterns. The increasing automation across industries and growing demand for big data analytics in supply chain optimization are key factors driving market growth.\u003c\/p\u003e\n\n\u003cp\u003eOver the years the spending on automation from different industries including automobiles has significantly increased creating strong demand for Global Big Data Analytics Market. For instance – according to Statista - In 2020, the global industrial automation market is expected to be worth USD 175 billion. The market is projected to grow at a compound annual growth rate (CAGR) of around nine percent until 2025. The global industrial automation market is expected to reach USD 265 billion by 2025. Also, rising usage of Predictive Analytics Tools as well as growing emergence of (Industrial Internet of Things) IIoT solutions would create lucrative growth opportunities for the market over the projected period. However, limited awareness and concern over data privacy hinder the market growth throughout the forecast period of 2022-2029.\u003c\/p\u003e\n\n\u003cp\u003eThe key regions considered for the Global Big Data Analytics in Manufacturing Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the increasing number of strategic collaborative initiatives between leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing penetration of smart manufacturing as well as the region being one of the leading hubs for automotive manufacturing would offer lucrative opportunities for the market over the projected period.\u003c\/p\u003e\n\n\u003cp\u003eMajor market players included in this report are:\u003cbr\u003e\nIBM Corporation\u003cbr\u003e\nSAP SE\u003cbr\u003e\n Microsoft Corporation\u003cbr\u003e\n Oracle Corporation\u003cbr\u003e\n SAS Institute Inc.\u003cbr\u003e\n OpenText Corporation\u003cbr\u003e\n Microstrategy\u003cbr\u003e\n Information Builders\u003cbr\u003e\n Tableau Software Inc.\u003cbr\u003e\n Qlik Technologies Inc.\u003c\/p\u003e\n\n\u003cp\u003eRecent Developments in the Market:\u003cbr\u003e\nIn June 2020, in order to fulfil the expanding demand for process automation and predictive maintenance in the industrial and logistics sectors across Southeast Asia, Japan, and North America, Microsoft Corporation teamed up with Hitachi. Both businesses intend to broaden the collaboration's application to additional industries.\u003c\/p\u003e\n\n\u003cp\u003eIn October 2019, Erbessd Instruments announced the launch of Phantom, a wireless vibration monitoring device that combines additional metrics including temperature, current, RPM, and speed into a single diagnosis system. Both a local database and a cloud-based system can receive data from it. With any gadget, whether a smartphone, computer, or tablet, the user can always keep tabs on their equipment.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Big Data Analytics in Manufacturing Market Report Scope:Historical Data 2019-2020-2021\u003cbr\u003e\nBase Year for Estimation 2021\u003cbr\u003e\nForecast period 2022-2029\u003cbr\u003e\nReport Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends\u003cbr\u003e\nSegments Covered Component, Application, Deployment Mode, Region\u003cbr\u003e\nRegional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World\u003cbr\u003e\nCustomization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional \u0026amp; segment scope*\u003c\/p\u003e\n\n\u003cp\u003eThe objective of the study is to define market sizes of different segments \u0026amp; countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.\u003c\/p\u003e\n\n\u003cp\u003eThe report also caters detailed information about the crucial aspects such as driving factors \u0026amp; challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.\u003c\/p\u003e\n\n\u003cp\u003eThe detailed segments and sub-segment of the market are explained below:\u003c\/p\u003e\n\n\u003cp\u003eBy Component\u003cbr\u003e\nSoftware\u003cbr\u003e\nService\u003c\/p\u003e\n\n\u003cp\u003eBy Application\u003cbr\u003e\nPredictive Maintenance\u003cbr\u003e\nBudget Monitoring\u003cbr\u003e\n Product Lifecycle Management\u003cbr\u003e\n Field Activity Management\u003cbr\u003e\n Others\u003cbr\u003e\nBy Deployment Mode\u003cbr\u003e\nCloud\u003cbr\u003e\nOn-premise\u003c\/p\u003e\n\n\u003cp\u003eBy Region:\u003cbr\u003e\nNorth America\u003cbr\u003e\nU.S.\u003cbr\u003e\nCanada\u003cbr\u003e\nEurope\u003cbr\u003e\nUK\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nSpain\u003cbr\u003e\nItaly\u003cbr\u003e\nROE\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nIndia\u003cbr\u003e\nJapan\u003cbr\u003e\nAustralia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nRoAPAC\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nRoLA\u003cbr\u003e\nRest of the World\u003c\/p\u003e\n\n\u003cp\u003eCompanies Mentioned\u003c\/p\u003e\n\n\u003cp\u003eIBM Corporation\u003cbr\u003e\nSAP SE\u003cbr\u003e\nMicrosoft Corporation\u003cbr\u003e\nOracle Corporation\u003cbr\u003e\nSAS Institute Inc.\u003cbr\u003e\nOpenText Corporation\u003cbr\u003e\nMicrostrategy\u003cbr\u003e\nInformation Builders\u003cbr\u003e\nTableau Software Inc.\u003cbr\u003e\nQlik Technologies Inc.\u003c\/p\u003e\n\n\u003cp\u003ePlease note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.\u003c\/p\u003e","brand":"Marketing \u0026 Market Research","offers":[{"title":"April, 2023 \/ 200 Pages \/ MCW16257141","offer_id":47678380704050,"sku":null,"price":5940.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-big-data-analytics-in-transportation-market-size-study-forecast-by-component-software-and-services-by-application-customer-analytics-and-loyalty-marketing-customer-and-pricing-optimization-predictive-maintenance-analysis-and-regional-anal","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}