Global Manufacturing Operations Management Software Market to Reach USD 26.5 Billion by 2033, Bolstered by Rising Automation in Manufacturing Activities

November 21, 2024 | Technology & Media

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The latest report by IMARC Group, titled “Manufacturing Operations Management Software Market Report by Functionality (Inventory Management, Labor Management, Manufacturing Execution System (MES), Process and Production Intelligence, Quality Process Management, and Others), Enterprise Size (Small and Medium Enterprises, Large Enterprises), Industry Vertical (Automotive, Chemical, Healthcare, Food and Beverages, Consumer Goods, Aerospace and Defense, and Others), and Region 2025-2033,” finds that the global manufacturing operations management software market size reached USD 12.7 Billion in 2024. Manufacturing operations management (MOM) software is used to provide transparency into manufacturing processes, digitalize production, and process information into a unified system. It helps in improving execution systems, advanced planning and scheduling, and managing quality and research and development (R&D) projects. Additionally, it assists in asset and compliance management, human-machine interface (HMI), performance analysis, sequencing, and supervisory control and data acquisition (SCADA) intelligence. Nowadays, manufacturers from different industry verticals are adopting MOM software to manage industrial operations as manual approaches are inconsistent, inefficient, and time-consuming.

Global Manufacturing Operations Management (MOM) Software Market Trends:

The market is primarily driven by the increasing automation in manufacturing activities. MOM software enables the digital transformation of operational processes and helps to optimize production performance, efficiency, and flexibility. In addition, the integration of artificial intelligence (AI), application programming interfaces (APIs), robotic processes, and real-time data collection in the defense and aerospace industries across the globe, acts as another major growth-inducing factor. Moreover, with the growing prevalence of chronic diseases and increasing demand for healthcare services, the pharmaceutical industry is constantly undergoing changes and upgrades, which is escalating the demand for MOM software to facilitate the production process of medical essentials. Apart from this, the rising awareness regarding hygiene, sustainability, food safety, and traceability is also encouraging the extensive adoption of this software in the food and beverage (F&B) sector. Furthermore, various manufacturers are developing effective operations and agility due to the rising competition in the market to provide secure, customized, and modern software platforms that give supervisors, operators, and plant managers the insights and visibility to make decisions, thus creating a positive market outlook. Looking forward, IMARC Group expects the market value to reach USD 26.5 Billion by 2033, exhibiting a CAGR of 8.15% during the forecast period (2025-2033).

Market Summary:

Based on the functionality, the market has been classified into inventory management, labor management, manufacturing execution system (MES), process and production intelligence, quality process management, and others.
On the basis of the enterprise size, the market has been bifurcated into small and medium, and large enterprises.
Based on the industry vertical, the market has been classified into automotive, chemical, healthcare, food and beverages, consumer goods, aerospace and defense, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the market has also been analyzed, with some of the key players being ABB Ltd., Aegis Industrial Software Corporation, Aspen Technology Inc., Critical Manufacturing (ASM Pacific Technology Limited), Dassault Systemes SE, Emerson Electric Co., General Electric Company, Honeywell International Inc., International Business Machines Corporation, Oracle Corporation, Plex Systems Inc. and Siemens AG.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Functionality, Enterprise Size, Industry Vertical, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	ABB Ltd., Aegis Industrial Software Corporation, Aspen Technology Inc., Critical Manufacturing (ASM Pacific Technology Limited), Dassault Systemes SE, Emerson Electric Co., General Electric Company, Honeywell International Inc., International Business Machines Corporation, Oracle Corporation, Plex Systems Inc. and Siemens AG
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Manufacturing Operations Management Software Market to Reach USD 26.5 Billion by 2033, Bolstered by Rising Automation in Manufacturing Activities

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