Global Big Data Analytics Software for Test and Measurement Growth Opportunities
Published on: 18-Jul-2022 | SKU: TM00695-GL-MT_26727

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The global Big Data analytics software for test and measurement market is estimated to experience 7.8% compound annual growth rate from 2021 to 2026. It generated $70.8 million in revenue in 2021, with a base year growth rate of 4.9%. Its growth is attributed to the adoption of Industry 4.0 practices and advanced technologies for improved operational performance.

This Frost & Sullivan study identifies key market trends and the factors that drive and restrain the market growth of Big Data analytics software. It discusses industry verticals and regions that bolster market growth during the forecast period (from 2022 to 2026). With 2021 as the base year, the research provides market size estimates and future growth prospects for up to 2026. The specific methodology followed in the study included discussions with senior management of Big Data analytics software for test and measurement manufacturers supported by secondary research. The market is set to grow further once the global semiconductor chip shortage is resolved and the adoption of advanced vehicles (electric, connected, autonomous) accelerates.

Research Highlights

  • Regional demand patterns in North America, Europe, Asia-Pacific, and the rest of the world
  • Analysis of end-use industries, namely automotive, aerospace and defense, semiconductor, and energy and utilities
  • Market share forecast and analysis, including revenue share of key competitors
  • Growth opportunities for market stakeholders

Key Features

  • APAC will maintain its dominance in the global Big Data analytics software for test and measurement market during the forecast period
  • Semiconductor will be a lucrative end-use industry in the global Big Data analytics software for test and measurement market during the forecast period
  • The Big Data analytics software for test and measurement market will witness accelerated growth in the last 3 years of the forecast period
  • R&D focus in businesses will continue to boost the demand for advanced technologies; vendors will try to differentiate their products through features and functionalities

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Big Data Analytics Software for Test and Measurement Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Segmentation

Key Competitors

Distribution Channels

Growth Metrics

Growth Drivers

Growth Driver Analysis

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Restraints

Growth Restraint Analysis

Growth Restraint Analysis (continued)

Forecast Assumptions

Revenue Forecast

Revenue Forecast Analysis

Revenue Forecast by Industry Vertical

Revenue Forecast Analysis by Industry Vertical

Revenue Forecast by Region

Revenue Forecast by Country

Revenue Forecast by Country (continued)

Revenue Forecast by Country (continued)

Revenue Forecast by Country (continued)

Revenue Forecast Analysis by Region

Pricing Trends and Forecast Analysis

Competitive Environment

Revenue Share Analysis

Growth Metrics

Revenue Forecast

Revenue Forecast Analysis

Revenue Forecast Analysis (continued)

Revenue Forecast Analysis (continued)

Revenue Forecast by Region

Revenue Forecast Analysis by Region

Revenue Forecast Analysis by Region (continued)

Growth Metrics

Revenue Forecast

Revenue Forecast Analysis

Revenue Forecast Analysis (continued)

Revenue Forecast Analysis (continued)

Revenue Forecast by Region

Revenue Forecast Analysis by Region

Growth Metrics

Revenue Forecast

Revenue Forecast Analysis

Revenue Forecast Analysis (continued)

Revenue Forecast by Region

Revenue Forecast Analysis by Region

Growth Metrics

Revenue Forecast

Revenue Forecast Analysis

Revenue Forecast Analysis (continued)

Revenue Forecast by Region

Revenue Forecast Analysis by Region

Why Big Data Analytics for Sustainability Will Drive Transformational Changes in the Industrial Sector

United Nations’s Sustainable Development Goals

Key SDG: Partnerships for the Goals

Key SDG: Partnerships for the Goals (continued)

Key SDG: Partnerships for the Goals (continued)

Growth Opportunity 1: Space-to-Space Analytics

Growth Opportunity 1: Space-to-Space Analytics (continued)

Growth Opportunity 2: Oil and Gas Exploration and Production Activities

Growth Opportunity 2: Oil and Gas Exploration and Production Activities (continued)

Growth Opportunity 3: Publicized Case Studies

Growth Opportunity 3: Publicized Case Studies (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

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The global Big Data analytics software for test and measurement market is estimated to experience 7.8% compound annual growth rate from 2021 to 2026. It generated $70.8 million in revenue in 2021, with a base year growth rate of 4.9%. Its growth is attributed to the adoption of Industry 4.0 practices and advanced technologies for improved operational performance. This Frost & Sullivan study identifies key market trends and the factors that drive and restrain the market growth of Big Data analytics software. It discusses industry verticals and regions that bolster market growth during the forecast period (from 2022 to 2026). With 2021 as the base year, the research provides market size estimates and future growth prospects for up to 2026. The specific methodology followed in the study included discussions with senior management of Big Data analytics software for test and measurement manufacturers supported by secondary research. The market is set to grow further once the global semiconductor chip shortage is resolved and the adoption of advanced vehicles (electric, connected, autonomous) accelerates.--BEGIN PROMO--

Research Highlights

  • Regional demand patterns in North America, Europe, Asia-Pacific, and the rest of the world
  • Analysis of end-use industries, namely automotive, aerospace and defense, semiconductor, and energy and utilities
  • Market share forecast and analysis, including revenue share of key competitors
  • Growth opportunities for market stakeholders

Key Features

  • APAC will maintain its dominance in the global Big Data analytics software for test and measurement market during the forecast period
  • Semiconductor will be a lucrative end-use industry in the global Big Data analytics software for test and measurement market during the forecast period
  • The Big Data analytics software for test and measurement market will witness accelerated growth in the last 3 years of the forecast period
  • R&D focus in businesses will continue to boost the demand for advanced technologies; vendors will try to differentiate their products through features and functionalities
More Information
Deliverable Type Market Research
Author Shruti Yewale
Industries Test and Measurement Instrumentation
No Index No
Is Prebook No
Podcast No
WIP Number K72D-01-00-00-00

Global Big Data Analytics Software for Test and Measurement Growth Opportunities

Test and Measurement InstrumentationGlobal Big Data Analytics Software for Test and Measurement Growth Opportunities

Industry 4.0 and Sensor Technology Innovations Power Transformational Growth

RELEASE DATE
18-Jul-2022
REGION
Global
Deliverable Type
Market Research
Research Code: K72D-01-00-00-00
SKU: TM00695-GL-MT_26727
AvailableYesPDF Download
$4,950.00
In stock
SKU
TM00695-GL-MT_26727