Kenneth Research, in its repository of market research reports, have recently added a report on the Manufacturing Operations Management Software Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Manufacturing Operations Management Software Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Manufacturing Operations Management Software Market products.
Download Free Sample Reports Here – https://www.kennethresearch.com/sample-request-10012858
Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Manufacturing operations management or MOM is a type of software that enables full visibility in manufacturing processes in order to steadily improve the performance of the processes in the manufacturing operations. The MOM set rules and policies which are required to sustain production value and controls the operations accordingly. It helps in improving production, maintenance, quality control, and staffing with planned objectives like product innovation, cost reduction, quality, sustainability, and regulatory compliance. With the evolution of manufacturing execution systems (MES), a system for manufacturing operations management incorporates all the production processes to improve the quality management, manufacturing execution systems, research & development, advanced scheduling, & planning etc.
The digitalization of the processes also improves the overall performance by increasing flexibility, time to market and all-round efficiency of the production processes and the manufacturing operation. Manufacturers are in good condition with an entirely digitized process and are able to respond to the swift changes in the market. These aspects are also anticipated to drive the growth in the global manufacturing operations management software for the forecast period. The manufacturing operations management software is being used in various small and large industries which include Automobiles, Electronics, Pharmaceuticals, Food and Beverages and many more.
The regional analysis of the Global Manufacturing Operations Management Software Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, the Asia Pacific region is anticipated to exhibit a higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
*Food and Beverages
*Rest of the World
Request Free Sample Copy :-: https://www.kennethresearch.com/sample-request-10012858
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Siemens, Wonderware, ABB, Apriso, Lighthouse, Rockwell, iBASEt, Plex, Qubes, Apriso and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Manufacturing Operations Management Software Market in Market Study:
*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Value-Added Resellers (VARs)
*Third-party knowledge providers
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Global Manufacturing Operations Management Software Market, by Region, 2015-2025 (USD Billion)
1.3.2. Global Manufacturing Operations Management Software Market, by Substrate, 2015-2025 (USD Billion)
1.3.3. Global Manufacturing Operations Management Software Market, by Regeneration Catalyst, 2015-2025 (USD Billion)
1.3.4. Global Manufacturing Operations Management Software Market, by On-Highway Vehicle, 2015-2025 (USD Billion)
1.4. Estimation Methodology
Chapter 2. Global Manufacturing Operations Management Software Market Definition and Scope
2.1. Research Objective
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
2.5. Report Limitation
Chapter 3. Global Manufacturing Operations Management Software Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Manufacturing Operations Management Software Market Industry Analysis
4.1. Porterâ€™s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porterâ€™s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.2. Manufacturers/Service Provider
4.4. Key Buying Criteria
4.5. Regulatory Framework
Request To Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10012858
About Kenneth Research
Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
Email : email@example.com
Phone: +1 313 462 0609