The Industrial Analytics Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Industrial Analytics Market?
The market size of the Industrial Analytics Global Market has seen rapid expansion recently. In 2024, it was valued at $29.82 billion and it is projected to reach $34.23 billion in 2025, with a compound annual growth rate (CAGR) of 14.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Industrial Analytics Industry?
The projected market size of the industrial analytics market by 2029 is $69.37 billion, with a compound annual growth rate (CAGR) of 19.3%.
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What are the Key Growth Drivers Fueling the Industrial Analytics Market?
The key drivers in the industrial analytics market are:
• Enhanced focus on cybersecurity
• Integration of edge computing
• Customization based on industry-specific requirements
• Adoption and integration of sensor technologies
Global Market Segmentation: Identifying Major Industrial Analytics Industry Segments
The industrial analytics market covered in this report is segmented –
1) By Analytics Type: Predictive Analytics, Prescriptive Analytics, Descriptive Analytics, Diagnostic Analytics
2) By Organization Size: Large Organizations, Small And Medium Organizations
3) By Deployment Mode: Cloud-Based, On-Premises
4) By Component: Software, Services
5) By Vertical: Information Technology (IT) And Telecom, Energy And Utilities, Transportation And Logistics, Retail And Consumer Goods, Manufacturing, Other Verticals
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What are the Emerging Trends Shaping the Future of the Industrial Analytics Market?
The key trends in the industrial analytics market are:
• The integration of sensor technologies is a growing trend.
• The adoption of Industry 4.0 is shaping the market.
• Integration of digital twins is an emerging trend.
• Cybersecurity for industrial systems is increasingly influencing the future of the market.
Who Are the Top Competitors & Leading Players in the Industrial Analytics Market?
Major companies in the industrial analytics market are:
• Robert Bosch GmbH
• Hitachi Ltd.
• Amazon Web Services Inc.
• Siemens AG
• General Electric Company
• Microsoft Corporation
• International Business Machines Corporation (IBM)
• Cisco Systems Inc.
• Oracle Corporation
• Schneider Electric SE
• Honeywell International Inc.
• SAP SE
• ABB Ltd.
• Hewlett Packard Enterprise Company
• Emerson Electric Co.
• Rockwell Automation Inc.
• Yokogawa Electric Corporation
• SAS Institute Inc.
• Splunk Inc.
• PTC Inc.
• TIBCO Software Inc.
• Fair Isaac Corporation
• Software AG
• Altair Engineering Inc.
• Aspen Technology Inc.
• OSIsoft LLC
• Telit Communications PLC
• Cognite AS
• Seeq Corporation
• Uptake Technologies Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the industrial analytics market in 2024
