Market Overview:
The global MPM and MbM technology for process manufacturing software market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based MPM and MbM technology solutions by large enterprises, SMEs, and government organizations across the globe. In addition, the growing trend of Industry 4.0 is also expected to fuel the demand for MPM and MbM technology solutions in process manufacturing industries over the forecast period.
Product Definition:
MPM is a technology that helps manage and monitor the execution of business processes in real time. MbM is an extension of MPM that helps identify and correct issues with those processes. Both technologies are important for process manufacturing software because they help ensure that the software is effectively managing the manufacturing process.
Cloud Based:
Cloud Based is a software model that provides shared pool of processing resources where multiple users can access the data or application with no requirement for physical presence of server. It offers benefits such as on-demand availability of computing services and reduced costs which are expected to drive its demand over the forecast period. Cloud Based solutions offer various advantages such as easy deployment, rapid integration, low maintenance and scalability among others which are anticipated to fuel market growth over the next seven years.
On-Premise:
On-premise software is a type of software that is installed and used on the end user's own computers or servers for processing. The advantage of this type of software is that it allows companies to customize products as per their individual needs without depending on third-party providers.
Application Insights:
The process manufacturing software has numerous applications in the industry. The largest enterprises and SMEs are using cloud-based or on-premise MPM and MbM solutions for various processes, such as material management, order management, work cell automation & optimization. The global market is segmented based on application into large enterprises and SMEs. Large enterprise accounted for more than 70% of the overall revenue share in 2017 owing to their ability to leverage economies of scale while offering flexibility to manage complex production processes across multiple locations.
SMEs are expected to be the fastest growing segment over the forecast period due largely to their abilityto offer low cost production alternatives along with flexible service offerings at a lower level of complexity compared with that offered by large enterprises. For instance, according these factors given by GAVS Technologies Ltd.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of global players and increased adoption of technology across various industries. The region is expected to maintain its dominance over the forecast period due to increasing investments in R&D activities for process manufacturing software and high demand from end-use industries.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to an increase in demand from end-use sectors such as chemical, oil & gas, automotive, food processing and pharmaceutical among others. In addition, rising awareness regarding MbM amongst enterprises will drive regional growth further. Increasing government initiatives for promoting automation are also likely boost regional product demand over the next eight years.
Growth Factors:
- Increasing demand for process manufacturing software from small and medium-sized enterprises (SMEs)
- Rising popularity of cloud-based process manufacturing software
- Proliferation of Industry 4.0 and the Internet of Things (IoT) in process manufacturing industries
- Growing demand for real-time monitoring and optimization of production processes
- Emergence of new applications such as batch processing, quality management, and regulatory compliance
Scope Of The Report
Report Attributes
Report Details
Report Title
MPM and MbM Technology for Process Manufacturing Software Market Research Report
By Type
Cloud Based, On-Premise
By Application
Large Enterprises, SMEs
By Companies
SigmaNEST, SoftTrace, BIOVIA BioPharma, HemaComply Equipment Manager, Siemens, SIMS, Spin Star, AVEVA System Platform
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global MPM and MbM Technology for Process Manufacturing Software Market Report Segments:
The global MPM and MbM Technology for Process Manufacturing Software market is segmented on the basis of:
Types
Cloud Based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SigmaNEST
- SoftTrace
- BIOVIA BioPharma
- HemaComply Equipment Manager
- Siemens
- SIMS
- Spin Star
- AVEVA System Platform
Highlights of The MPM and MbM Technology for Process Manufacturing Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-Premise
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the MPM and MbM Technology for Process Manufacturing Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MPM and MbM technology are used in process manufacturing software to help manufacturers manage their production processes. These technologies allow manufacturers to track the progress of individual products through the manufacturing process, as well as identify and fix problems early on in the production process.
Some of the key players operating in the mpm and mbm technology for process manufacturing software market are SigmaNEST, SoftTrace, BIOVIA BioPharma, HemaComply Equipment Manager, Siemens, SIMS, Spin Star, AVEVA System Platform.
The mpm and mbm technology for process manufacturing software market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 MPM and MbM Technology for Process Manufacturing Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 MPM and MbM Technology for Process Manufacturing Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 MPM and MbM Technology for Process Manufacturing Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the MPM and MbM Technology for Process Manufacturing Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global MPM and MbM Technology for Process Manufacturing Software Market Size & Forecast, 2018-2028 4.5.1 MPM and MbM Technology for Process Manufacturing Software Market Size and Y-o-Y Growth 4.5.2 MPM and MbM Technology for Process Manufacturing Software Market Absolute $ Opportunity
Chapter 5 Global MPM and MbM Technology for Process Manufacturing Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global MPM and MbM Technology for Process Manufacturing Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global MPM and MbM Technology for Process Manufacturing Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America MPM and MbM Technology for Process Manufacturing Software Analysis and Forecast
9.1 Introduction
9.2 North America MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe MPM and MbM Technology for Process Manufacturing Software Analysis and Forecast
10.1 Introduction
10.2 Europe MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific MPM and MbM Technology for Process Manufacturing Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America MPM and MbM Technology for Process Manufacturing Software Analysis and Forecast
12.1 Introduction
12.2 Latin America MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) MPM and MbM Technology for Process Manufacturing Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) MPM and MbM Technology for Process Manufacturing Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 MPM and MbM Technology for Process Manufacturing Software Market: Competitive Dashboard
14.2 Global MPM and MbM Technology for Process Manufacturing Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SigmaNEST
14.3.2 SoftTrace
14.3.3 BIOVIA BioPharma
14.3.4 HemaComply Equipment Manager
14.3.5 Siemens
14.3.6 SIMS
14.3.7 Spin Star
14.3.8 AVEVA System Platform