Rise in adoption of predictive modeling tools & big data technologies and several initiatives by governments to support big data infrastructure drive the growth of the global predictive analytics market. On the other hand, high implementation cost and lack of skilled workforce impede the growth. Nevertheless, emergence of IoT and AI technologies is expected to …
Tag Archives: Manufacturing Predictive Analytics Market
Manufacturing Predictive Analytics Market Emerging Technological Growth, Future Growth and Business Opportunities by 2026
Advent of Industry 4.0, evolution of IIoT, and rise in operational efficiencies from big data initiatives fuel the growth of the global Manufacturing Predictive Analytics Market. On the other hand, dearth of skilled workforce and threat of cyber-attack restrain the growth to some extent. Nevertheless, development of smart data-driven organizations and interference of artificial intelligence …
Manufacturing Predictive Analytics Market: Industry Value is Projected to Reach $2.52 Billion by 2026, at CAGR of 21.7%
The development of smart data-driven organizations and the interference of AI into manufacturing are expected to create lucrative opportunities in the near future. Emergence of Industry 4.0, the advancement of IIoT, and increase in operational efficiencies from big data initiatives have boosted the growth of the global manufacturing predictive analytics market. Major market players in …