Manufacturing Operations Management Software Market Updates

Global Manufacturing Operations Management Software Market size was valued at USD 16.26 Billion in 2023 and is poised to grow from USD 18.50 Billion in 2024 to USD 52.04 Billion by 2032, growing at a CAGR of 13.8% in the forecast period (2025-2032).

Many prominent players in the manufacturing operations management software industry are actively incorporating digital twin technology in their current structure. This is helping them to create virtual copies of real assets in order to perform simulation, optimization, and predictive analysis. Market leaders are working on developing mobile apps and collaboration tools that will support effective communication management, monitor tasks and oversee production processes remotely, boosting revenue for the manufacturing operations management software market. Many key players are also forming strategic partnerships and alliances with technology providers, system integrators, and industry experts. This is assisting them to blend different technologies, enhance prorogued product performance, and provide comprehensive solutions to their manufacturing customers. 'ABB Ltd.', 'Aegis Industrial Software Corp.', 'ARC Advisory Group', 'ATS Global B.V.', 'Critical Software', 'Dassault Systemes SE', 'Durr AG', 'ECI Software Solutions Inc.', 'Emerson Electric Co.', 'Epicor Software Corp.', 'HCL Technologies Ltd.', 'iBASEt Inc.', 'Panasonic Holdings Corp.', 'Rockwell Automation Inc.', 'Royal Cargo Inc.', 'Schneider Electric SE'

AR and IoT empower manufacturers to execute their tasks rapidly and efficiently. They can access task guides, checklists, repair task descriptions, and receive live video assistance from experts, all located remotely. AI analytics MOM software provides such organizations with the capacity to perform practice manufacturing management. The company can also prevent raw materials from being damaged and wasted with the help of this software.  Improved efficiencies also enhance product uniformity and quality. To achieve such objectives and enhance the operational effectiveness companies are also using ABB ability MOM process and production intelligence solution.

Emergence of Smart Manufacturing: In the era of digitalization, many advanced technologies are capable of assisting with manufacturing functions, thereby aiding in fulfilling operational objectives. But smart manufacturing helps in developing platforms integrate new technologies boosted by data analytics, constant monitoring, and real-time collaboration. Smart manufacturing incorporates a wide range of applications such as IoT, AI, and big data. The emergence of smart manufacturing will enhance research to focus on the future integration of IoT in manufacturing processes.

North America is dominating with the largest manufacturing operations management software market share.  This region is leading the global market of manufacturing operations management software as it is the hub of prominent manufacturing organizations. These manufacturers provide advanced planning & scheduling, manufacturing execution systems, labor management, inventory management, quality management, performance analysis, manufacturing intelligence, and more. North America has a high potential in programming and software solutions, all due to the automation and the development of manufacturing operations in the region. Thus, it is positively leading the growth of the manufacturing operations management software market in the region.