The Global Manufacturing Operations Management Software Market size is expected to reach $14.6 billion by 2025, rising at a market growth of 10.2% CAGR during the forecast period. Manufacturing operations management (MOM) is the process of creating the policies and rules needed to maintain the integrity of production and to ensure that everybody and everything works accordingly. It includes constantly improving inventory, quality control, production, maintenance, and staffing around strategic goals such as cost reduction, efficiency, product innovation, sustainability, and compliance with regulations. Better management of industrial activities can provide significant benefits to businesses. Nevertheless, several companies keep relying on less efficient, but more familiar, manual methods. Also, when evaluated, manual solutions are too unstable and isolated and prove to be extremely inefficient. Collaboration is also challenging for traditional methods, and when experts leave or change jobs, their expertise goes with them.

Proliferation of Industry 4.0 evolution has motivated manufacturers to opt into their facilities for optimized production processes for digitalized solutions. This is a primary factor that is expected to drive market growth. The global market growth is expected to improve at a rapid rate because of the proliferation of robotic process automation (RPA). In addition, the rise in need of compliance with strict government regulations in the manufacturing process of a product to meet all quality standards, particularly in the healthcare sector, is another major factor expected to stimulate market growth. However, high initial investment costs could impede growth of the market. That being said, the market is likely to overcome the cost barrier with supportive government initiatives toward smart factory.

Empowering skilled workers with improved technology capability to assess their long-established knowledge and experience is a major area of opportunity that brings great benefits to manufacturing productivity and performance. Software that improves operational efficiency, helps industries organize work processes, and manages huge volumes of data into actionable statistics is expected to gain high adoption, according to the key executives of top companies. The adoption of manufacturing operations management software is expected to speed up with their application in various use cases. These applications include quality management, planning and scheduling, data historians, manufacturing execution systems (MES), and document management.

Based on Component, the market is segmented into Software and Services. Based on Application, the market is segmented into Manufacturing Execution System (MES), Quality Process Management, Labor Management, Process & Production Intelligence, Inventory Management and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Healthcare, Automotive, Chemical, Consumer Goods, Aerospace & Defense, Food & Beverages and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The major strategies followed by the market participants are Partnerships and Product launches. Based on the Analysis presented in the Cardinal matrix, Emerson Electric Co., ABB Group, Siemens AG, and Honeywell International, Inc. are some of the forerunners in the Manufacturing Operations Management Software Market. Companies such as Aspen Technology, Inc., Aegis Industrial Software Corporation, and Plex Systems, Inc., Dassault Systemes SE, Critical Manufacturing S.A., and General Electric (GE) Co. are some of the key innovators in Manufacturing Operations Management Software Market. The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Aspen Technology, Inc., Dassault Systemes SE (Dassault Group), Emerson Electric Co., General Electric (GE) Co., Honeywell International, Inc., Siemens AG, Plex Systems, Inc., Aegis Industrial Software Corporation, and Critical Manufacturing S.A.

Market Segmentation:

By Component

  • Software
  • Services

By Application

  • Manufacturing Execution System (MES)
  • Quality Process Management
  • Labor Management
  • Process & Production Intelligence
  • Inventory Management
  • Others

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises

By End User

  • Healthcare
  • Automotive
  • Chemical
  • Consumer Goods
  • Aerospace & Defense
  • Food & Beverages
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

  • ABB Group
  • Aspen Technology, Inc.
  • Dassault Systemes SE (Dassault Group)
  • Emerson Electric Co.
  • General Electric (GE) Co.
  • Honeywell International, Inc.
  • Siemens AG
  • Plex Systems, Inc.
  • Aegis Industrial Software Corporation
  • Critical Manufacturing S.A.