Enterprise Manufacturing Intelligence Market - By Deployment Type (Embedded, Standalone), By Offering (Software, Services), By End-use Industry (Process Industry, Discrete Industry) & Forecast, 2024 – 2032

Enterprise Manufacturing Intelligence Market Size

Enterprise Manufacturing Intelligence Market was valued at USD 5.16 billion in 2023 and is estimated to register a CAGR of 13.4% between 2024 & 2032. The scalability and adaptability of digital platforms are revolutionizing the way enterprises approach manufacturing intelligence.
 

With solutions including Building X, which serve as a blueprint for scalable and digital ecosystems, organizations can build agile and responsive manufacturing environments that evolve with changing market dynamics and customer demands. For instance, in April 2024, Siemens launched the Smart Infrastructure Developed Electrification X, the latest SaaS and IoT portfolio of Siemens Xcelerator. Electrification X software is developed with the core design principles of interoperability, flexibility, openness, availability as a service, and with the highest level of cybersecurity.
 

With rapid technological advancements, various organizations are shifting to offer value-driven innovation and products to meet customers’ changing needs rapidly. Manufacturers are leveraging digitalization. The rising need to evaluate ongoing manufacturing processes and optimize them before production through data generated is becoming prevalent. For instance, in May 2023, Siemens launched the Opcenter Intelligence Cloud, which gives access to all production-relevant data and manufacturing data analytics from a cloud-based manufacturing intelligence system. It connects every source of manufacturing data including Siemens and other manufacturing execution systems (MES) and manufacturing operations management (MOM) systems, shop floor operational technology (OT), the industrial internet of things (IIoT), and a myriad of third-party legacy systems.
 

Implementing and managing enterprise manufacturing intelligence solutions requires specialized skills and expertise in areas such as data analytics, Machine Learning (ML), and software development. The shortage of qualified professionals with expertise in both manufacturing operations and information technology is creating a challenge for organizations to build and maintain capable enterprise manufacturing intelligence teams. Companies that can navigate these dynamics stand to gain a competitive edge, redefining industries and unlocking new possibilities for growth and innovation.
 

Enterprise Manufacturing Intelligence Market Trends

The rising IoT capabilities enable manufacturers to gain greater visibility and insights into their operations through the efficient utilization of data and improved integration of disparate systems. This opens the possibility for manufacturers of moving away from simply selling products to providing services and strengthening their relationship with end users. For instance, in April 2024, Rockwell Automation, Inc. launched the FLEXLINE 3500, a low-voltage motor control center (MCC). With this motor control center, manufacturers can unlock production data and increase uptime and productivity through a portfolio of smart products. By integrating with smart motor control devices, the FLEXLINE 3500 MCC delivers real-time operation and diagnostic data for critical equipment.
 

As sustainability becomes a top priority for organizations worldwide, there is a growing recognition of the need to set accurate and achievable decarbonization targets. Manufacturing companies are focusing on innovative approaches and embracing the shift toward software-based applications. For instance, in April 2023, Schneider Electric launched Zeigo, a new software to help businesses and enterprises set accurate and achievable decarbonization targets. The application delivers easy emission calculations paired with a customized decarbonization roadmap and a regionally tailored solutions provider marketplace.
 

Enterprise Manufacturing Intelligence Market Analysis

Based on offering, the market is segmented into software and services. The services segment is the fastest growing and is anticipated to expand at a CAGR of over 14.5% between 2024 and 2032.
 

• The rapidly evolving industrial landscape is prompting enterprises to navigate the complex terrain of digital transformation with a keen eye on future-readiness and sustainability. As the demand for innovative solutions intensifies, leaders in the enterprise manufacturing intelligence market are providing solutions in the form of specialized end-to-end service to accelerate digital transformation, strategic planning, and implementation for industrial manufacturing process. For instance, in February 2023, Schneider Electric launched its industrial digital transformation services during the 27th Annual ARC industry leadership forum. The specialized global service is designed to help industrial enterprises achieve future-ready, innovative, sustainable, and effective end-to-end digital transformation.

Based on end-use industry, the market is divided into process industry and discrete industry. The discrete industry segment dominated the market with a share of over 80% in 2023.
 

• The trend toward agile manufacturing, characterized by flexibility, customization, and rapid response to market demands, is fueling the adoption of enterprise manufacturing intelligence solutions in the discrete industry. Manufacturers require real-time visibility and intelligence to adapt quickly to changing customer preferences, optimize production schedules, and minimize lead times. The growth and interest in AI is encouraging organizations to leverage different automation processes which provides advantage in decision making, allowing enterprises to streamline and optimize their processes and drive worker productivity. For instance, in October 2023, Rockwell Automation Inc. and Microsoft Corp. extended their longstanding relationship to accelerate industrial automation design and development through generative AI (Gen AI). Companies are combining technologies to empower the workforce and accelerate time-to-market for customers building industrial automation systems. The collaboration led to the addition of Microsoft’s Azure OpenAI service into Factory Talk Design Studio to deliver and shape the future of technology in industrial automation.

The enterprise manufacturing intelligence market is experiencing a significant surge in the Asia Pacific region, with a projected CAGR of over 14.5% from 2024 to 2032. The heightened awareness of the importance of data-driven decision-making in manufacturing, increasingly stringent regulations, and the growing demand for sophisticated intelligence solutions across the automotive, consumer electronics, food & beverage sectors are spurring market growth.
 

Leading countries, such as China, Japan, and South Korea, are driving this growth trajectory, leveraging their technological and industrial capabilities to propel the adoption of EMI solutions. Factors contributing to the demand for enterprise manufacturing intelligence systems in these countries include rapid industrialization, infrastructure modernization initiatives, and increased focus on optimizing operational efficiency and quality control.
 

Enterprise Manufacturing Intelligence Market Share

Siemens AG and ABB Ltd. held over 15% of the global market share in 2023. Siemens AG operates in the field of industrial manufacturing and technology solutions, with a significant presence in the market. As a provider of automation, digitalization, and industrial software solutions, Siemens enables manufacturers to harness the power of data-driven insights for enhanced productivity, efficiency, and competitiveness.
 

ABB Ltd. is a global leader in electrification, automation, and digitalization solutions. ABB's expertise spans various industries including manufacturing, energy, utilities, and infrastructure, making it well-positioned to offer comprehensive enterprise manufacturing intelligence solutions tailored to the unique needs of diverse sectors.
 

Enterprise Manufacturing Intelligence Market Companies

Major players operating in the market are:

• Siemens AG
• ABB Ltd.
• Rockwell Automation Inc.
• Honeywell International Inc.
• Schneider Electric SE
• Aspen Technology Inc.
   

Enterprise Manufacturing Intelligence Industry News

• In May 2022, Schneider Electric, the leader in the digital transformation of energy management and automation, launched the EcoStruxure Machine Expert Twin, a scalable digital twin software solution to manage the entire machine lifecycle.
   
• In November 2020, Aspen Technology, Inc., a global leader in asset optimization software, acquired Camo Analytics AS, a leading provider of industrial analytics based in Norway. The technology and expertise acquired with Camo Analytics further strengthened AspenTech’s solutions to improve performance, profitability, and consistent quality for industries such as pharmaceuticals and biotech.
   

The enterprise manufacturing intelligence market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2024 to 2032, for the following segments:

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Market, By Deployment Type

• Embedded
• Stand-alone

Market, By Offering

• Software
• Services

Market, By End-use Industry

• Process industry
  • Chemical
  • Energy & power
  • Food & beverage
  • Oil & gas
  • Pharmaceutical
  • Others 
• Discrete industry
  • Aerospace & defense
  • Automotive
  • Medical devices
  • Semiconductors & electronics

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA