The manufacturing software market will grow significantly over the next five years as a result of the increasing adoption of digital factory strategies. The report covers future prospects for the manufacturing software market with forecasts from 2016 to 2021 including highlights of key growth stimulators.
The global manufacturing software market size is expected to reach USD 16.61 billion by 2018, driven by factors such as growing demand for industrial productivity and the need for product customization. The manufacturing software market is estimated to be valued at USD 8.79 billion in 2014 and is expected to grow at a CAGR of 11.2% from 2013 to 2018.
Top 10 Construction Software vendors
Manufacturing (Discrete, high-tech, process manufacturing) – Production Planning, Maintenance Management, Quality Management, CAD/CAM software, Manufacturing ERP, Manufacturing Execution System, Product lifecycle management, Financials, HR, Procurement
Here are the rankings of the top 10 Manufacturing software vendors in 2020 and their market shares.
| Rank | Vendor | 2019 Manufacturing Apps Revenues, $M | 2020 Manufacturing Apps Revenues, $M | YoY Growth | 2020 Manufacturing Market Share, % | Recent Developments |
|---|---|---|---|---|---|---|
| 1 | SAP | Subscribe | Subscribe | 2.5% | Subscribe | Microsoft Azure offers enterprise-grade compute, storage, and network services to support mission-critical performance and business continuity to run SAP Digital Supply Chain solutions. To help support manufacturing companies in processing data locally across machines and control systems to address latency or connectivity restraints, Microsoft and SAP are also planning to make SAP Digital Manufacturing Cloud available on Microsoft Azure Stack Edge. |
| 2 | Microsoft | Subscribe | Subscribe | 8.6% | Subscribe | In November 2021, Microsoft launched Microsoft Cloud for Manufacturing, along with Dynamics 365 Supply Chain Insights, a tool designed to give customers more visibility into what’s happening along their supply chain routes and intelligence to deal with issues as they arise. It’s the first step Microsoft took to loosen the supply chain issues we are seeing today. |
| 3 | Salesforce.com | Subscribe | Subscribe | 16.8% | Subscribe | Salesforce Manufacturing Cloud launched in 2019, has set out to address challenges and satisfy the specific needs of manufacturers all around the world by providing a platform that allows sales and operational teams to collaborate more effectively through solutions like Sales Agreement, Account-Based Forecasting, Community Cloud, Einstein Analytics, and Rebate Management. |
| 4 | Synopsys | Subscribe | Subscribe | 9.7% | Subscribe | In 2021, Synopsys acquired BISTel, a South Korean smart manufacturing software company. BISTel provides automation engineering technologies to semiconductor and display makers for real-time machine monitoring and fault detection. The acquisition will broaden Synopsys’ industry-leading process control solutions for semiconductor fabs with an integrated and comprehensive yield management and prediction solution to enhance manufacturing quality and efficiency |
| 5 | Oracle | Subscribe | Subscribe | 11.4% | Subscribe | The Oracle Cloud Manufacturing is a key component of the integrated Oracle Cloud Supply Chain Management, which helps firms compete in today’s global market by providing the latest tools to run their businesses. Oracle’s Fusion Cloud SCM applications, now exceeding 3,300 customers, compared with about 1,000 in 2018. |
| 6 | Dassault Systemes | Subscribe | Subscribe | 8.5% | Subscribe | DELMIAworks connects the entire design to the manufacturing process. An Enterprise Resource Planning (ERP) and Manufacturing Execution System (MES) suite of applications, it includes real-time internet of things (IoT) solution for production and process monitoring focused on increasing operational efficiency and transparency across organisations. |
| 7 | Siemens PLM Software | Subscribe | Subscribe | 6.1% | Subscribe | In January 2021, the legal merger of Mentor Graphics with Siemens was completed, merging into the Siemens Industry Software Inc legal entity. Mentor Graphics’ name was changed to Siemens EDA, a division of Siemens Digital Industries Software. |
| 8 | Autodesk | Subscribe | Subscribe | 14.7% | Subscribe | Autodesk remains the engineering application vendor for a wide range of functions covering professional design, drafting, detailing, and visualization in construction, manufacturing, civil engineering, and process plant design fields. Autodesk’s strategy is to lead its customers and the industries they serve to the new cloud and mobile platforms. |
| 9 | Intuit Inc. | Subscribe | Subscribe | 11.4% | Subscribe | QuickBooks’ manufacturing version helps manufacturers with many important tasks, such as creating bills of material and work orders, tracking parts in more than one location, and monitoring inventory levels so they know when to reorder. The purchase of TradeGecko will boost its inventory management capabilities. |
| 10 | Adobe | Subscribe | Subscribe | 3.8% | Subscribe | Adding commerce to the Adobe Experience Cloud-enabled customers to make every moment personal and every experience shoppable. Magento Commerce Cloud brought digital commerce and order orchestration for both physical and digital goods across a range of industries, including consumer packaged goods, retail, wholesale, manufacturing, and the public sector. |
| Subtotal | Subscribe | Subscribe | 8.3% | Subscribe | ||
| Other | Subscribe | Subscribe | 5.0% | Subscribe | ||
| Total | 25876 | 27610 | 6.7% | 100% |
Source: Apps Run The World, December 2021
Other Manufacturing software providers included in the report are: Acumatica, Adobe, ADP, Allegro Development Corp., Altair Engineering, American Software, Ansys Inc., Aptean, Arkieva, Atlassian, AVEVA Group, Bentley Systems Inc., Cincom Systems Inc., Cisco, Citrix, Constellation Software Inc., Content Guru, Dematic, KION Group, Dropbox, E2open, Edgeverve, Ekm Systems, Epicor, GE Digital, Genesys, Global Shop Solutions, Google, Hexagon, Honeywell International, Emerging Technologies, IBM, IFS, Informatica, Insite Software, Intuit Inc., JDA Software Group, Johnson Controls, Kinaxis, Kingdee, Kronos, LeaseAccelerator, LogMeIn, Mark Information, Mentor, Mercateo, OneStream Software, OpenText, Peoplefluent, PeopleStrategy, Plex Systems Inc, PTC, Qlik, Ramco Systems, River Logic, Rockwell Automation, Roper Technologies, Sage, SAS Institute, ServiceNow, SYSPRO, Tableau, Teradata Corporation, To-Increase, TopSolid, TOTVS, Transplace, Trimble, Tugboat Software, Vendavo, Visma, Workcube ERP, Workday, Yonyou, and others.
Custom data cuts related to the Manufacturing Applications market are available:
- Top 1000 Manufacturing Applications Vendors and Market Forecast 2020-2025
- 2020 Manufacturing Applications Market By Functional Market (16 Markets)
- 2020 Manufacturing Applications Market By Country (USA + 45 countries)
- 2020 Manufacturing Applications Market By Region (Americas, EMEA, APAC)
- 2020 Manufacturing Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
- 2020 Manufacturing Applications Market By Customer Size (revenue, employee count, asset)
- 2020 Manufacturing Applications Market By Channel (Direct vs Direct)
- 2020 Manufacturing Applications Market By Product
Software Global Industry Guide 2015-2024
Summary
Global Software industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the global software market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.
Key Highlights
- The software market is defined as revenues generated from both sales of, and subscriptions to, various software packages and offerings. The market includes both signed deals that remain under contract, and the annual revenues associated with new contracts signed, within a particular calendar year. This excludes sales opportunities for third-party services providers.
- The software market is comprised of the following sectors: Business Process Applications, Data and Analytics, IT Management, Security and Other.
- Business Process Applications includes revenues from Commerce Applications, Customer Relationship Management Applications, Enterprise Resource Planning Applications, Financial Applications, Human Resource and Payroll Applications, Office Productivity Applications, Product Lifecycle Management Applications, Supply Chain Management Applications and Vertical-Specific and Packaged Applications exhaustively.
- Data and Analytics includes revenues from Artificial Intelligence Platforms, Big Data Platforms, Business Intelligence and Data Discovery Tools, Data and Content Management and Enterprise IoT (Internet of Things) Platforms exhaustively.
- IT management includes revenues from Application Lifecycle Management, Application Platforms and Containers, Integration Software, Operating Systems, Virtualization, Business Process Management, IT Service Management Tools, Database Management, System and Network Management Platforms and Storage Management exhaustively.
- Security includes revenues from Application Security, Endpoint Security Platforms, Fraud Prevention and Transactional Security, Identity and Access Management, Messaging Security, Data Protection, Security Intelligence and Management, Network Security, Server Security and Web Security exhaustively.
- The Other segment includes revenues from Cloud Computing, Communications and Collaboration, Mobility, Networking and Storage.
- Any currency conversions used in the creation of this report have been calculated using constant 2019 annual average exchange rates.
- The global software market had total revenues of $597.3bn in 2019, representing a compound annual growth rate (CAGR) of 10.1% between 2015 and 2019.
- The business process applications segment was the market’s most lucrative in 2019, with total revenues of $219.4bn, equivalent to 36.7% of the market’s overall value.
- The global market has experienced strong growth rates in terms of its software market. The growth over the past five years has been driven primarily by increased mobile and cloud computing usage among businesses.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global software market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global software market
- Leading company profiles reveal details of key software market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global software market with five year forecasts
Reasons to Buy
- What was the size of the global software market by value in 2019?
- What will be the size of the global software market in 2024?
- What factors are affecting the strength of competition in the global software market?
- How has the market performed over the last five years?
- What are the main segments that make up the global software market?
What is ERP and why do you need it?
ERP is an acronym that stands for enterprise resource planning (ERP). It’s a business process management software that manages and integrates a company’s financials, supply chain, operations, commerce, reporting, manufacturing, and human resource activities. Most companies have some form of finance and operational system in place but most of the software that’s out there can’t go beyond everyday business processes or help with future business growth.
As company’s needs change and they expand, their systems should keep up with them. We’ll define what ERP is and why it’s smart to have software in place that keeps up with your business needs.
What is enterprise resource planning? Yesterday and today.
Historically, ERP systems were monolithic suites that that worked separately and didn’t talk with other systems. Each system required expensive, complex, and customized code to meet unique business requirements which slowed—or even prevented—the adoption of new technology or process optimization.
What makes today’s ERP software different is that it brings all these different processes to the table and together in one fluid system. And not just offering data connectivity within your ERP system, but also within your productivity tools, e-commerce, and even customer engagement solutions. Helping you connect all your data for better insights that help you optimize your processes across your entire business.
In addition, a modern ERP solution offers flexible deployment options, improved security and privacy, sustainability, and low-code customization. But most importantly, it will build continuity and resiliency into your business and processes through insights that help you innovate at a rapid rate today while preparing your business for what’s next tomorrow.
Conclusion
Manufacturing software help in maintaining the manufacturing process and encourage the productivity. If a company uses hardware and computer systems for automation, it is considered to be an industrial company. The manufacturing software market is based upon different technologies and open standards.