×
  • Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    India Manufacturing Analytics Market

    ID: MRFR/ICT/59091-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    India Manufacturing Analytics Market Research Report By Type (software, services), By Application (predictive asset management, inventory management, supply chain analysis, power, energy) and By Deployment (on demand, on-premise)-Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    India Manufacturing Analytics Market Infographic
    Purchase Options

    India Manufacturing Analytics Market Summary

    As per MRFR analysis, the India manufacturing analytics market Size was estimated at 796.25 USD Million in 2024. The India manufacturing analytics market is projected to grow from 921.42 USD Million in 2025 to 3968.58 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 15.72% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The India manufacturing analytics market is poised for substantial growth driven by technological advancements and increasing operational demands.

    • The integration of IoT in manufacturing analytics is transforming data collection and analysis processes.
    • Predictive analytics is gaining traction as manufacturers seek to enhance decision-making and operational efficiency.
    • Data security and compliance are becoming critical as organizations navigate regulatory landscapes and protect sensitive information.
    • Rising demand for operational efficiency and government initiatives are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 796.25 (USD Million)
    2035 Market Size 3968.58 (USD Million)

    Major Players

    Siemens (DE), IBM (US), SAP (DE), Oracle (US), PTC (US), Honeywell (US), Rockwell Automation (US), GE (US), Microsoft (US)

    India Manufacturing Analytics Market Trends

    The manufacturing analytics market is currently experiencing a transformative phase. This growth is driven by the increasing adoption of advanced technologies and data-driven decision-making processes. Organizations are increasingly recognizing the value of analytics in optimizing production efficiency, reducing operational costs, and enhancing product quality. This shift is largely influenced by the growing emphasis on Industry 4.0, which integrates smart manufacturing practices with data analytics. As a result, manufacturers are investing in sophisticated analytics tools that provide real-time insights into their operations, enabling them to respond swiftly to market demands and operational challenges. Moreover, the rise of the Internet of Things (IoT) is further propelling the manufacturing analytics market, as connected devices generate vast amounts of data that can be analyzed for actionable insights. This trend is particularly relevant in India, where the manufacturing sector is undergoing significant modernization. The government’s initiatives to promote digital transformation in manufacturing are likely to bolster the adoption of analytics solutions. Consequently, the manufacturing analytics market is poised for substantial growth, as companies seek to leverage data to gain a competitive edge and drive innovation in their operations.

    Integration of IoT in Manufacturing Analytics

    The integration of IoT devices into manufacturing processes is reshaping the analytics landscape. Connected machinery and sensors generate real-time data, which can be analyzed to improve operational efficiency and predictive maintenance. This trend is particularly relevant in India, where manufacturers are increasingly adopting IoT solutions to enhance productivity.

    Focus on Predictive Analytics

    Predictive analytics is gaining traction within the manufacturing analytics market, as organizations seek to anticipate equipment failures and optimize supply chain management. By leveraging historical data and advanced algorithms, manufacturers can make informed decisions that minimize downtime and enhance overall efficiency.

    Emphasis on Data Security and Compliance

    As the reliance on data analytics grows, so does the focus on data security and regulatory compliance. Manufacturers are prioritizing the implementation of robust security measures to protect sensitive information and ensure compliance with industry standards. This trend reflects a broader awareness of the importance of safeguarding data in an increasingly digital manufacturing environment.

    India Manufacturing Analytics Market Drivers

    Government Initiatives and Support

    Government initiatives aimed at boosting the manufacturing sector in India are significantly impacting the manufacturing analytics market. Programs such as 'Make in India' and 'Digital India' are encouraging manufacturers to adopt advanced technologies, including analytics. The government has allocated substantial funding to promote digital transformation, which is expected to reach approximately $1 billion by 2025. This financial support is likely to facilitate the integration of analytics into manufacturing processes, enhancing productivity and innovation. As manufacturers align with government policies, the manufacturing analytics market is poised for growth, driven by increased adoption of data-driven strategies.

    Rising Demand for Operational Efficiency

    The manufacturing analytics market in India is experiencing a notable surge in demand for operational efficiency. As industries strive to enhance productivity, analytics tools are being increasingly adopted to streamline processes. According to recent data, manufacturers that leverage analytics can achieve up to 20% improvement in operational efficiency. This trend is driven by the need to reduce waste and optimize resource allocation. Companies are investing in advanced analytics solutions to gain insights into production workflows, enabling them to make data-driven decisions. The focus on operational efficiency is likely to propel the growth of the manufacturing analytics market. Organizations seek to remain competitive in a rapidly evolving landscape.

    Advancements in Data Processing Technologies

    Advancements in data processing technologies are playing a pivotal role in shaping the manufacturing analytics market in India. The emergence of big data and cloud computing has enabled manufacturers to process vast amounts of data in real-time. This capability allows for more accurate analytics and timely decision-making. As organizations increasingly rely on data-driven insights, the market for analytics solutions is expected to expand. The integration of machine learning and artificial intelligence into analytics tools further enhances their effectiveness, providing manufacturers with predictive capabilities that can lead to improved operational outcomes.

    Growing Importance of Supply Chain Optimization

    Supply chain optimization is becoming increasingly critical for manufacturers in India, thereby influencing the manufacturing analytics market. With the rise of e-commerce and global trade, companies are focusing on enhancing their supply chain efficiency. Analytics tools provide valuable insights into inventory management, demand forecasting, and logistics optimization. It is estimated that companies utilizing analytics for supply chain management can reduce costs by up to 15%. This growing emphasis on supply chain optimization is likely to drive the adoption of analytics solutions, as manufacturers seek to improve their responsiveness and agility in a competitive market.

    Increased Focus on Sustainability and Compliance

    An increased focus on sustainability and compliance among Indian manufacturers is also driving the manufacturing analytics market. As environmental regulations become more stringent, companies are leveraging analytics to monitor and reduce their carbon footprint. Analytics tools can help identify inefficiencies and suggest improvements that align with sustainability goals. Furthermore, compliance with industry standards is becoming essential, and analytics can facilitate adherence to these regulations. This dual focus on sustainability and compliance is likely to propel the growth of the manufacturing analytics market, as organizations seek to enhance their corporate responsibility while maintaining operational efficiency.

    Market Segment Insights

    India Manufacturing Analytics Market Segment Insights

    India Manufacturing Analytics Market Segment Insights

    Manufacturing Analytics Market Type Insights

    Manufacturing Analytics Market Type Insights

    The India Manufacturing Analytics Market, categorized by Type, encompasses crucial components such as software and services that are essential for the optimization of manufacturing processes. This market is a critical segment reflecting the growing importance of data-driven decision-making within the manufacturing sector in India. With the rapid industrialization in the country, manufacturers are increasingly adopting advanced software solutions that enable enhanced operational efficiency and productivity. These solutions offer capabilities such as data visualization, predictive analytics, and real-time monitoring, empowering companies to make informed decisions and streamline operations.

    On the other hand, the services aspect, including consulting, implementation, and support services, play a pivotal role in ensuring that manufacturing organizations can effectively leverage analytics tools. The importance of services lies in their ability to provide tailored solutions that cater to the unique needs of manufacturers, which often vary based on the industry and operational scale. In India, a growing emphasis on smart manufacturing and Industry 4.0 is propelling demand for robust service offerings that facilitate the integration of analytics into existing systems.

    The combination of software and services is driving innovation in the sector, with companies seeking to enhance their competitive edge through improved insights into supply chain dynamics, quality control, and operational efficiencies. Additionally, as India aims to strengthen its position as a global manufacturing hub, the integration of analytics tools is considered indispensable for meeting international standards and consumer demands. As manufacturing processes continue to evolve, the Type segment remains vital in shaping the future trajectory of the India Manufacturing Analytics Market.

    The trends indicate that as manufacturers increasingly recognize the value of data, demand for sophisticated analytics software is likely to rise, complemented by a necessity for corresponding service offerings to support implementation and ongoing enhancement.

    Manufacturing Analytics Market Application Insights

    Manufacturing Analytics Market Application Insights

    The Application segment of the India Manufacturing Analytics Market is witnessing robust growth, driven by advancements in technology and an increasing focus on data-driven decision-making. Predictive asset management is gaining prominence as manufacturers seek to optimize maintenance schedules and reduce downtime, leading to enhanced operational efficiency. Inventory management plays a crucial role in ensuring optimal stock levels and minimizing costs, which is essential for companies aiming to streamline their supply chains amidst fluctuating demand.

    Supply chain analysis has also become significant, enabling organizations to improve visibility and responsiveness in their operations; this is particularly important in the context of India's diverse manufacturing landscape, which includes textiles, automobile, and electronics industries. Additionally, sectors such as power and energy are increasingly leveraging analytics to enhance performance and productivity, as they transition towards more sustainable and efficient practices, aligning with government initiatives to boost renewable energy sources.Overall, the Application segment is pivotal in advancing India's manufacturing capabilities by fostering innovation and competitiveness across various industries.

    Manufacturing Analytics Market Deployment Insights

    Manufacturing Analytics Market Deployment Insights

    The Deployment segment of the India Manufacturing Analytics Market plays a crucial role in shaping the landscape of the industry by offering insights into how analytics solutions are implemented within manufacturing operations. This segment is divided mainly between on demand and on-premise deployment models.

    On demand deployment is increasingly gaining traction due to its accessibility, scalability, and reduced upfront costs, making it a preferred choice for many manufacturers looking to leverage analytics without significant initial investments.Conversely, on-premise deployment remains significant for organizations prioritizing data security and control over their systems, allowing for customized setups that align with specific operational needs.

    The ongoing digital transformation and increasing demand for data-driven decision-making processes in Indian manufacturing are driving growth in these deployment methods. Given that the Manufacturing Analytics Market in India is characterized by rapid adoption of advanced analytics technologies, businesses leveraging these deployment models stand to gain a competitive edge by optimizing their operations and improving overall efficiency.As firms continue to focus on enhancing productivity and reducing operational costs, the importance of effective deployment strategies will only become more pronounced in the evolving digital landscape.

    Get more detailed insights about India Manufacturing Analytics Market

    Key Players and Competitive Insights

    The manufacturing analytics market in India is characterized by a dynamic competitive landscape, driven by the increasing demand for data-driven decision-making and operational efficiency. Key players such as Siemens (DE), IBM (US), and SAP (DE) are at the forefront, leveraging their technological prowess to enhance their market positioning. Siemens (DE) focuses on digital transformation initiatives, integrating IoT and AI into its analytics solutions, which appears to resonate well with manufacturers seeking to optimize production processes. Meanwhile, IBM (US) emphasizes its cloud-based analytics offerings, aiming to provide scalable solutions that cater to diverse manufacturing needs. SAP (DE) is also notable for its commitment to innovation, particularly in developing advanced analytics tools that facilitate real-time insights and predictive maintenance, thereby shaping a competitive environment that prioritizes technological advancement.

    The business tactics employed by these companies reflect a concerted effort to localize manufacturing and optimize supply chains. The market structure is moderately fragmented, with several players vying for dominance, yet the collective influence of major companies like Siemens (DE) and IBM (US) is significant. Their strategies not only enhance their operational capabilities but also set benchmarks for emerging players, thereby influencing overall market dynamics.

    In September 2025, Siemens (DE) announced a strategic partnership with a leading Indian manufacturing firm to co-develop advanced analytics solutions tailored for the local market. This collaboration is expected to enhance Siemens' footprint in India, allowing it to leverage local insights and accelerate the adoption of its digital solutions. Such partnerships are crucial as they enable companies to align their offerings with regional demands, thereby fostering innovation and growth.

    In October 2025, IBM (US) launched a new AI-driven analytics platform specifically designed for the Indian manufacturing sector. This platform aims to provide manufacturers with actionable insights derived from real-time data, potentially transforming operational efficiencies. The introduction of this platform underscores IBM's commitment to harnessing AI technologies to address the unique challenges faced by manufacturers in India, thereby reinforcing its competitive edge.

    In August 2025, SAP (DE) expanded its analytics capabilities by acquiring a local startup specializing in machine learning applications for manufacturing. This acquisition is likely to enhance SAP's existing portfolio, enabling it to offer more sophisticated analytics solutions that cater to the evolving needs of manufacturers. The strategic move indicates SAP's focus on integrating cutting-edge technologies to maintain its competitive position in the market.

    As of November 2025, the competitive trends in the manufacturing analytics market are increasingly defined by digitalization, sustainability, and AI integration. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation. The shift from price-based competition to a focus on technological differentiation and supply chain reliability is evident. Moving forward, companies that prioritize innovation and adaptability are likely to thrive, as the market continues to evolve in response to emerging technologies and changing consumer demands.

    Key Companies in the India Manufacturing Analytics Market market include

    Industry Developments

    Indian manufacturers, particularly in heavy industries such as automotive, electronics, and process sectors, significantly increased the deployment of AI-driven predictive maintenance and digital twin analytics platforms from mid-2023 to 2024. These platforms are equipped with machine learning, real-time anomaly detection, and edge computing functions. In August 2024, Project Indus, a collaborative initiative spearheaded by Tech Mahindra, Dell, and Intel, was publicly launched with the objective of constructing a self-sufficient AI and analytics infrastructure in India.

    The initiative is designed to enhance intelligent solutions in the manufacturing, telecommunications, and engineering sectors. Salesforce formally disclosed a strategic shift in June 2025 to aggressively target India's manufacturing sector. The company will deploy its AI-enabled cloud analytics platforms to optimize operations and Digital Transformation initiatives across mid-to-large enterprises.

    In June 2025, the Chamber of Industrial & Commercial Undertakings (CICU) in Ludhiana conducted a workshop that underscored the rapid adoption of AI-driven manufacturing analytics solutions, such as quality control, predictive maintenance, and AWS-integrated cloud tools. This event highlighted the increasing interest among Indian manufacturers in analytics-based efficiency gains.

    Future Outlook

    India Manufacturing Analytics Market Future Outlook

    The manufacturing analytics market in India is projected to grow at a 15.72% CAGR from 2024 to 2035, driven by technological advancements and increased demand for operational efficiency.

    New opportunities lie in:

    • Integration of AI-driven predictive maintenance solutions
    • Development of real-time data visualization platforms
    • Expansion of cloud-based analytics services for SMEs

    By 2035, the market is expected to achieve substantial growth and innovation.

    Market Segmentation

    India Manufacturing Analytics Market Application Outlook

    • Sales Analytics
    • Inventory Analytics
    • Manufacturing Analytics
    • Financial Analytics

    India Manufacturing Analytics Market Deployment Model Outlook

    • On-Premise
    • Cloud

    India Manufacturing Analytics Market End-User Industry Outlook

    • Automotive
    • Electronics
    • Chemicals
    • Aerospace

    Report Scope

    MARKET SIZE 2024 796.25(USD Million)
    MARKET SIZE 2025 921.42(USD Million)
    MARKET SIZE 2035 3968.58(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 15.72% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Siemens (DE), IBM (US), SAP (DE), Oracle (US), PTC (US), Honeywell (US), Rockwell Automation (US), GE (US), Microsoft (US)
    Segments Covered Application, Deployment Model, End-User Industry
    Key Market Opportunities Integration of artificial intelligence and machine learning enhances predictive maintenance in the manufacturing analytics market.
    Key Market Dynamics Rising demand for data-driven insights drives innovation in the manufacturing analytics market.
    Countries Covered India

    Leave a Comment

    FAQs

    What is the projected market size of the India Manufacturing Analytics Market in 2024?

    The India Manufacturing Analytics Market is expected to be valued at 300.0 USD Million in 2024.

    What is the forecasted market size for the India Manufacturing Analytics Market by 2035?

    By 2035, the market is anticipated to reach a value of 2000.0 USD Million.

    What is the expected CAGR for the India Manufacturing Analytics Market from 2025 to 2035?

    The market is projected to grow at a CAGR of 18.823 percent from 2025 to 2035.

    What is the market size of the software segment in the India Manufacturing Analytics Market for 2024?

    The software segment is valued at 120.0 USD Million in 2024.

    What is the expected market value for the services segment in the India Manufacturing Analytics Market by 2035?

    The services segment is projected to reach 1200.0 USD Million by 2035.

    Who are the key competitors in the India Manufacturing Analytics Market?

    Major players include Tech Mahindra, Cognizant, SAP, GE Digital, and several others.

    What are the anticipated growth drivers for the India Manufacturing Analytics Market?

    Key growth drivers include the adoption of advanced analytics and increased focus on operational efficiency.

    How will regional factors impact the India Manufacturing Analytics Market?

    Regional development initiatives are expected to significantly influence market growth and opportunities.

    What applications are driving the demand in the India Manufacturing Analytics Market?

    Applications in predictive maintenance, supply chain optimization, and quality control are driving demand.

    What challenges might the India Manufacturing Analytics Market face in the near future?

    Challenges may include data privacy concerns and a shortage of skilled analytics professionals.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions