Manufacturing Operations Management Software Market by Component (Services, Software), by Function (Labor Management, Planning & Scheduling, Process, Production Intelligence, Quality Process Management, Others), by Industry (Automotive, Chemicals, Medical Equipment & Pharmaceuticals, Food, Beverages, Aerospace, Defense, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2024-2032
The Manufacturing Operations Management Software Market size was valued at USD 9.75 USD billion in 2023 and is projected to reach USD 35.55 USD billion by 2032, exhibiting a CAGR of 20.3 % during the forecast period. Manufacturing Operations Management (MOM) is a wide-range approach being implemented to improve the manufacturing process from end-to-end. Its functionality includes manufacturing execution, quality management, production planning and scheduling, and manufacturing intelligence. MOM is an all-encompassing strategy to handle and boost the productivity of the manufacturing sector from start to finish. It utilizes numerous sets of software tools and methodologies to enhance performance within the factory. They are associated with production planning and scheduling, quality control, execution of manufacturing processes, and real-time control. Software versions are typically categorized into functional or component types such as manufacturing execution systems (MES), inventory management, production planning, and enterprise resource planning (ERP). Digitalization not only pushes ahead information technology but also enhances productivity by means of increasing efficiency, flexibility and accelerating time-to-market. Manufacturers with all processes digitalized are able to respond quickly to market changes as well as adopt radical innovations. By integrating MOM systems into enterprises, companies can achieve process automation, reduced downtimes and improved quality leading them to production optimization hence more productivity and increased profits too.
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The comprehensive market report provides an in-depth analysis of the manufacturing operations management software market, including:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 20.3% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 20.3% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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