Manufacturing Operations Management Software Market Research Report By Deployment Type (On-premises, Cloud-based), By Industry Vertical (Automotive, Consumer Electronics, Pharmaceuticals, Food & Beverage, Manufacturing), By Functional Area (Production Planning, Inventory Management, Quality Control, Equipment Maintenance, Supply Chain Management), By Organization Size (Small businesses (1-50 employees), Medium businesses (51-250 employees), Large businesses (251+ employees)) and By Regional (North America, Europe, South America, Asia Pacif

Manufacturing Operations Management Software Market Overview

As per MRFR analysis, the Manufacturing Operations Management Software Market Size was estimated at 14.81 (USD Billion) in 2022.        The Manufacturing Operations Management Software Market Industry is expected to grow from 15.84(USD Billion) in 2023 to 29.07 (USD Billion) by 2032. The Manufacturing Operations Management Software Market CAGR (growth rate) is expected to be around 6.97% during the forecast period (2024 - 2032).

Key Manufacturing Operations Management Software Market Trends Highlighted

Increasingly, more and more companies deploying automation and robotics are popularly panicking. This working environment is very fierce as these companies need to cut costs, increase efficiency and gain more supply chain insights. There are several factors propelling the growth of the industry demand for real-time analytics, the need to increase productivity, minimize operations costs and integrate Industry 4.0 automation.

The areas of expansion in this market could be integrating MOM software with ERP and MES to build a more advanced ecosystem. Besides, the increasing popularity of cloud-based MOM software, as well as new technologies such as artificial intelligence and machine learning, are also great areas for development.

Current trends show an increasing focus on sustainability and environmental performance, which can be facilitated through the use of MOM systems. Energy consumption and waste generation in the production process can be measured and controlled. Connecting the last mile of MOM to IoT and sensors creates opportunities for actual measures to be taken to improve the business in real-time. Other initiated measures, like predictive analytics and prescriptive maintenance, were geared at strengthening manufacturing processes and reducing equipment downtime.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Manufacturing Operations Management Software Market Drivers

Growing Demand for Automation and Efficiency in Manufacturing Operations

The Manufacturing Operations Management Software Market Industry is anticipated to witness substantial growth over the forecast period, primarily driven by the increasing need for automation and efficiency in manufacturing operations. The adoption of MOM software enables manufacturers to streamline their production processes, reduce errors, and enhance overall operational efficiency. By automating tasks such as production planning, scheduling, inventory management, and quality control, manufacturers can optimize their operations and achieve greater productivity.The growing complexity of manufacturing processes, coupled with the need to meet stringent regulatory requirements, is further fueling the demand for MOM software solutions.

Rising Adoption of Industry 4.0 Technologies

Another crucial factor likely to drive growth in the Manufacturing Operations Management Software Market Industry is the widespread adoption of Industry 4.0 technologies. The latter term denotes the integration of such advanced technologies as the Internet of Things, big data analytics tools, and artificial intelligence in manufacturing. Ensuring efficient operation of every element of Industry 4.0 is possible with MOM software, which becomes the platform for data collection, analysis, and decision-making.As a result, manufacturers will manage to receive real-time data on their operations, detect areas requiring change, and make data-driven decisions to enhance productivity and efficiency.

Increasing Focus on Supply Chain Optimization

Trending supply chain optimization mandates are also turbocharging growth in the Manufacturing Operations Management Software Market Industry. MOM software extends a broad panoramic look at the supply chain for manufacturers between tracking inventory levels, managing supplier relationships, and optimizing transportation and logistics. With the adoption of MOM software, manufacturers can minimize lead times and enhance inventory management, consequently optimizing the supply chain across the board.Increased demand for supply chain resilience and the need to manage a more complicated global supply chain are supplementing the MOM software adoption rate.

Manufacturing Operations Management Software Market Segment Insights

Manufacturing Operations Management Software Market Deployment Type Insights   

The Manufacturing Operations Management Software Market is witnessing substantial advancements across its Deployment Type segment, primarily categorized into On-premises and Cloud-based solutions. As of 2023, the On-premises segment is valued at 6.65 USD Billion, representing a significant portion of the overall market share. This segment remains attractive for organizations aiming to maintain control over their data and processes while facing specific regulatory and compliance requirements, allowing them to better safeguard sensitive information.On the other hand, the Cloud-based segment is emerging as a more dominant force, valued at 9.19 USD Billion in 2023. This growing preference can be attributed to the increasing demand for flexibility, scalability, and lower upfront costs associated with Cloud solutions. The Cloud-based Deployment Type is poised for further growth, empowering manufacturers to leverage advanced analytics and real-time data insights without the need for extensive infrastructure investments. As organizations increasingly adopt digital transformation initiatives, the demand for Cloud-based operations in manufacturing settings is projected to thrive.

The value increase in the On-premises segment to 12.11 USD Billion in 2032 indicates a continued, albeit slower, growth trajectory compared to the Cloud-based segment, which is expected to reach 16.96 USD Billion in the same year. This disparity highlights a pivotal shift in market preferences, demonstrating that while On-premises solutions are significant, Cloud-based offerings are becoming more prevalent due to their ability to provide robust resource allocation and remote operation capabilities. The Manufacturing Operations Management Software Market revenue reflects these trends, showcasing how Cloud-based deployment is a key driver for innovation and efficiency within the industry, while the On-premises segment, still essential for specific contexts, suggests a more cautious adoption approach in specific sectors.The overall market growth indicates that both Deployment Types will coexist, catering to varied customer preferences and operational requirements in the evolving manufacturing landscape. Altogether, the insights from the Manufacturing Operations Management Software Market data support an optimistic outlook for both deployment types as they continue to adapt and develop in response to market demands and technological advancements in the manufacturing sector.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Manufacturing Operations Management Software Market Industry Vertical Insights   

The Manufacturing Operations Management Software Market, valued at 15.84 USD Billion in 2023, showcases a diverse Industry Vertical segmentation that is pivotal for the market's overall dynamics. Within this framework, the automotive sector plays a crucial role, with increasing demands for automation and efficiency driving its adoption of manufacturing software. Consumer electronics also contribute significantly, as rapid innovations necessitate streamlined operations to maintain competitive advantage. Pharmaceuticals, characterized by stringent regulations and a focus on quality, leverage these software solutions for compliance and operational excellence.The food and beverage industry is experiencing robust growth, compelled by the need for traceability and quality assurance, while traditional manufacturing continues to dominate, focusing on cost-effectiveness and productivity enhancement. The interplay among these industries shapes the Manufacturing Operations Management Software Market's landscape, underscoring a steady growth trajectory fueled by technological advancements, market growth, and the ongoing quest for operational efficiency. The Manufacturing Operations Management Software Market data and statistics further reflect opportunities and challenges, indicating the need for customized solutions for varied industry requirements, enhancing the overall adaptability of manufacturing operations.

Manufacturing Operations Management Software Market Functional Area Insights   

The Manufacturing Operations Management Software Market, valued at 15.84 USD Billion in 2023, highlights the critical role of the Functional Area in enhancing operational efficiency across various sectors. This segment encompasses vital functions such as Production Planning, which is pivotal for aligning manufacturing processes with demand forecasts. Inventory Management continues to gain importance as businesses seek to minimize costs while ensuring product availability. Quality Control remains a major focus for companies striving to maintain compliance and improve product standards, making it essential for customer satisfaction.Equipment Maintenance promotes operational reliability and reduces downtime, contributing to overall productivity. Supply Chain Management, by facilitating effective coordination between suppliers and manufacturers, supports agility in the supply chain system. The collective emphasis on these functional areas positions them as significant contributors to the growth of the Manufacturing Operations Management Software Market as companies harness these solutions for improved decision-making and operational resilience.

Manufacturing Operations Management Software Market Organization Size Insights   

The Manufacturing Operations Management Software Market is divided into distinct organization sizes, reflecting varying operational needs and capabilities. As of 2023, the market is valued at 15.84 USD Billion, and this segmentation is crucial for understanding market dynamics. Small businesses, typically employing 1-50 individuals, are increasingly adopting manufacturing operations management solutions to enhance efficiency and productivity in their operations. Medium businesses, which encompass 51-250 employees, play a significant role as they require robust systems to manage more complex processes, showing considerable growth in software adoption.Large businesses with 251 or more employees dominate the market in terms of revenue generation due to their extensive manufacturing capabilities and substantial investment in advanced software to streamline operations. This segmentation helps in identifying specific market trends, growth drivers, and challenges relevant to each organization's size, aiding in tailored strategies for each group. Overall, the trend towards digital transformation and the growing need for operational efficiency across all sizes of organizations highlight the importance of the Manufacturing Operations Management Software Market segmentation in driving industry growth and innovation.

Manufacturing Operations Management Software Market Regional Insights   

The Manufacturing Operations Management Software Market revenue in 2023 is valued at 15.84 USD Billion, showcasing a strong demand across various regions. North America leads the market with a valuation of 5.48 USD Billion, reflecting its significant industrial base and advanced technological adoption, positioned to grow to 10.08 USD Billion by 2032. Europe follows closely, with a current valuation of 4.07 USD Billion, driven by stringent manufacturing regulations and the push toward digital transformation, expected to reach 8.25 USD Billion by 2032.The Asia Pacific region, valued at 4.96 USD Billion in 2023, has seen a robust increase in manufacturing activities, particularly in countries like China and India, projecting growth to 8.6 USD Billion over the next decade. In South America, the market stands at 1.24 USD Billion, with anticipated developments in infrastructure and process optimization aiming for 2.3 USD Billion in 2032. Meanwhile, the Middle East and Africa market is currently valued at 0.79 USD Billion, with potential growth trajectories focusing on enhancing manufacturing capabilities, expected to grow to 1.84 USD Billion by 2032.This regional segmentation underscores the diversity in market dynamics, influenced by technological advancements, economic factors, and regional industrial requirements.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Manufacturing Operations Management Software Market Key Players And Competitive Insights

Major players in the Manufacturing Operations Management Software Market industry are continuously developing innovative solutions to cater to the evolving needs of manufacturers. Leading Manufacturing Operations Management Software Market players such as SAP, Oracle, and Infor are investing heavily in research and development to enhance the capabilities of their software offerings. These companies are also forming strategic partnerships and acquisitions to expand their market reach and gain a competitive edge. The Manufacturing Operations Management Software Market development is driven by the increasing adoption of digital technologies in manufacturing processes to improve efficiency, reduce costs, and enhance product quality.A leading company in the Manufacturing Operations Management Software Market is SAP. The company's SAP Manufacturing Execution (ME) software is a comprehensive solution that offers real-time visibility into production processes, enabling manufacturers to optimize operations and make informed decisions. SAP ME provides a wide range of functionalities, including production planning and scheduling, inventory management, quality control, and performance analysis. The software is designed to help manufacturers improve productivity, reduce costs, and increase agility. 

SAP has a strong global presence and a large customer base across various industries. The company's commitment to innovation and customer support makes it a formidable player in the Manufacturing Operations Management Software Market.A competitor company in the Manufacturing Operations Management Software Market is Oracle. The company's Oracle Manufacturing Cloud is a cloud-based solution that provides manufacturers with a comprehensive suite of tools to manage their operations. Oracle Manufacturing Cloud offers a range of modules, including production planning, scheduling, inventory management, quality control, and analytics. The software is designed to help manufacturers improve efficiency, reduce costs, and increase collaboration. Oracle has a strong presence in the manufacturing industry and a wide range of customers across the globe. The company's focus on cloud-based solutions and integration with other Oracle products make it a strong competitor in the Manufacturing Operations Management Software Market.

Key Companies in the Manufacturing Operations Management Software Market Include

• PTC


• Infor


• SAP


• Rockwell Automation


• Epicor Software Corporation


• ABB


• GE Digital


• IFS AB


• Schneider Electric


• Siemens


• Oracle


• IBM


• AVEVA Group


• Honeywell

Manufacturing Operations Management Software Market Industry Developments

The global Manufacturing Operations Management (MOM) Software Market is expected to witness steady growth over the forecast period. Increasing adoption of Industry 4.0 technologies and rising demand for real-time visibility and control across manufacturing operations are key factors driving market expansion. The growing need to optimize production processes and improve operational efficiency is also contributing to the market's growth. Moreover, the increasing adoption of cloud-based MOM software, which provides flexibility and scalability, is anticipated to further drive market growth. Key players in the market include Siemens, SAP, Oracle, Infor, and Dassault Systmes. Recent market developments include the launch of new products and solutions by vendors to cater to the evolving needs of manufacturers, such as AI-powered MOM software and integrated solutions that combine MOM with other enterprise applications.

Manufacturing Operations Management Software Market Segmentation Insights

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  Manufacturing Operations Management Software Market Deployment Type Outlook

  
  
  
  
  • On-premises
  
  
  • Cloud-based
  
  
  
  


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  Manufacturing Operations Management Software Market Industry Vertical Outlook

  
  
  
  
  • Automotive
  
  
  • Consumer Electronics
  
  
  • Pharmaceuticals
  
  
  • Food & Beverage
  
  
  • Manufacturing
  
  
  
  


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  Manufacturing Operations Management Software Market Functional Area Outlook

  
  
  
  
  • Production Planning
  
  
  • Inventory Management
  
  
  • Quality Control
  
  
  • Equipment Maintenance
  
  
  • Supply Chain Management
  
  
  
  


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  Manufacturing Operations Management Software Market Organization Size Outlook

  
  
  
  
  • Research Report - Forecast To 2032
  
  
  • Small businesses (1-50 employees)
  
  
  • Medium businesses (51-250 employees)
  
  
  • Large businesses (251+ employees)
  
  
  
  


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  Manufacturing Operations Management Software Market Regional Outlook

  
  
  
  
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    North America

    
    
  
  
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    Europe

    
    
  
  
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    South America

    
    
  
  
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    Asia Pacific

    
    
  
  
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    Middle East and Africa

    
    
  
  
  
  

Report Attribute/Metric	Details
Market Size 2022	14.81(USD Billion)
Market Size 2023	15.84(USD Billion)
Market Size 2032	29.07(USD Billion)
Compound Annual Growth Rate (CAGR)	6.97% (2024 - 2032)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2023
Market Forecast Period	2024 - 2032
Historical Data	2019 - 2023
Market Forecast Units	USD Billion
Key Companies Profiled	PTC, Infor, SAP, Rockwell Automation, Epicor Software Corporation, ABB, GE Digital, IFS AB, Schneider Electric, Siemens, Oracle, IBM, AVEVA Group, Honeywell.
Segments Covered	Deployment Type, Industry Vertical, Functional Area, Organization Size, Regional.
Key Market Opportunities	Realtime visibility Predictive maintenance Supply chain optimization Data analytics AIdriven automation
Key Market Dynamics	Increasing automation Cloudbased solutions Growing demand for realtime insights Focus on sustainability Rise of Industry 40
Countries Covered	North America, Europe, APAC, South America, MEA