EMEA Big Data Analytics in Semiconductor & Electronics Market Insights - 2027
The EMEA big data analytics in semiconductor & electronics market size was valued at $3,178.0 million in 2019, and is projected to reach $5,756.5 million by 2027, growing at a CAGR of 7.9% from 2020 to 2027.
The semiconductor and electronics industry generates massive volume of data, making it ideal for big data analytics. The industry is witnessing huge investments for data management and analytics, thereby enabling companies to predict process behavior, correlate parameters to help improve yield, identify & isolate defective tools, and provide enhanced visibility to the management process across production facility. The major objective of big data analytics in semiconductor & electronics is to help organizations get better understanding of their customers, business processes, and help organizations to narrow down their targeted audience, thus improving the marketing campaign of companies.
The dashboard & data visualization segment dominated the EMEA big data analytics in semiconductor & electronics market share in 2019, and is expected to maintain this trend during the forecast period, as organizations are largely investing in dashboard & data visualization tools to manage different unstructured data produced and left unused, thus driving the demand for data visualization tools. In addition, data visualization helps organizations to extract report from a diverse and rapidly growing volume of business data. However, the self-service tools segment is expected to witness the highest growth, as these tools are extensively used for data visualization to find various business insights that help improve the decision-making capability of organizations and increase sales. In addition, organizations are adopting self-service tools for understanding the upcoming market competition and risks associated with the business.
The customer analytics segment dominated EMEA big data analytics in semiconductor & electronics market in 2019, and is expected to maintain this trend during the forecast period. This is attributed to the fact that major players, especially in the electronics industry, are focusing on customer analytics to get better insights about consumer demand and preferences. In addition, increase in competition among enterprises to provide better & innovative products and personalized experience fuels the adoption of customer analytics software. However, the pricing analytics segment is expected to witness the highest growth, as many organizations are implementing pricing analytics software to uncover quick wins or extra revenue and margin, which can be generated over a short period of time by fixing the most obvious cases of price misalignment or leakages.
Rest of EMEA dominates the EMEA big data analytics in semiconductor & electronics market in 2019, which is attributed to major shift toward cloud deployments, need for low-cost storage, increase in automation, and rise in adoption of data processing platforms in the semiconductor & electronics industry in number of countries, which fuel the growth of the market. In addition, government has implemented stringent regulations to increase the privacy and security of organizational data, which propels the growth of the market. Furthermore, governments of these countries are launching new programs to accelerate the growth of start-ups, which, in turn, is expected to increase the spending on data analytics by these companies.
By Deployment Model
Cloud is projected as one of the most lucrative segments.
The report focuses on the growth prospects, restraints, and market analysis. The study provides Porter’s five forces analysis of the asset performance management industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers along with EMEA big data analytics in semiconductor & electronics market trends.
Segment review
The EMEA big data analytics in semiconductor & electronics market is segmented into component, deployment model, end user, analytics tool, application, usage, and region. In terms of component, the market is fragmented into software and services. On the basis of deployment mode, the market is bifurcated into on-premise and cloud. Depending on end user, it is bifurcated into semiconductor and electronics. On the basis of analytics tool, it is categorized into dashboard & data visualization, data mining & warehousing, self-service tools, reporting, and others. By application, it is segregated into customer analytics, supply chain analytics, marketing analytics, pricing analytics, workforce analytics, and others. By usage, EMEA big data analytics in semiconductor & electronics market is segmented into sales & marketing, fault detection & classification, predictive maintenance, virtual meterology, process optimization, yield prediction, others. Country wise, it is studied across Germany, France, the UK, Italy, Turkey, Saudi Arabia, UAE, Switzerland, South Africa, Nigeria, and rest of EMEA.
By End User
Semiconductor is projected as one of the most lucrative segments.
COVID-19 impact analysis
The COVID-19 pandemic is expected to impact the overall economy and transport infrastructure in the electronics & semiconductor sector. COVID-19 has disrupted the operations of customers and partners of electronics & semiconductor companies, as a result of travel restrictions and/or business shutdowns, all of which could negatively impact the electronics & semiconductor business’ cash flows & decrease technology spending. However, the big data analytics in semiconductor & electronics market is projected to flourish in the upcoming years after the recovery from the COVID-19 pandemic. On the contrary, consumers have become quality conscious during the pandemic; hence, quality checks have become stringent, and the semiconductor manufacturers have to take all measures possible to achieve highest production quality. This has significantly boosted the demand for big data analytics, as it enables them to improve production quality and to get visibility into leakages and costs associated with poor quality yields. In addition, factors such as rise in trend of remote/virtual work environments, increase in virtual meetings, resultant decrease in in-person contacts, and increase reliance on technology & data are expected to accelerate tech adoption, which, in turn, is likely to boost the adoption of big data and business analytics tools in the EMEA big data analytics in semiconductor & electronics industry.
Top impacting factors
The EMEA big data analytics in semiconductor & electronics market growth is driven by surge in adoption of big data analytics software by various organizations to facilitate enhanced & faster decision-making and to provide competitive advantage by analyzing and acting upon information in a timely manner. In addition, numerous benefits provided by big data and business analytics such as faster data processing positively impacts the growth of the market. However, high implementation cost and dearth of skilled workforce are expected to affect the market growth. On the contrary, increase in need to gain better insights for business planning, emerging advanced process control (APC) analytics applications and trends in semiconductor manufacturing facilities, and increase in adoption of IoT devices coupled with ongoing Industry 4.0 trend are expected to provide lucrative opportunities for the expansion of the market during the EMEA big data analytics in semiconductor & electronics market forecast period. Each of these factors is projected to have a definite impact on the growth of the big data analytics in semiconductor & electronics market in the near future.
By Analytical Tools
Self-service Tools segment is projected as one of the most significant segments.
Increase in need to gain insights for business planning
Continuous increase in competition among enterprises is influencing them to deploy big data analytics to strengthen their presence in the EMEA big data analytics in semiconductor & electronics market. Moreover, increase in need to gain insights for business planning is anticipated to provide lucrative opportunities for market expansion, as big data analytics software enables organizations to study the factors that are influencing outcomes and provides the power of decision optimization. Furthermore, big data analytics helps organizations to enhance the efficiency of business operations and provides improved customer engagement through real-time data.
For instance, a fab (in the microelectronics industry, a semiconductor fabrication plant is commonly known as a fab) that wants to decrease equipment downtime, can conduct a multivariate analysis to enhance condition-based monitoring, which is a maintenance strategy, involving examining certain indicators to decide if equipment performance is declining. The analysis can further help the fab to predict more accurately when the parts of semiconductor or electronics manufacturing equipment will fail. With these insights, companies can optimize the planned maintenance schedule, which can decrease downtime and costs for parts & labor, thereby augmenting the growth of the EMEA big data analytics in semiconductor & electronics market.
By Country
UAE is projected as one of the most significant segments.
Key Benefits For Stakeholders
- This study includes the EMEA big data analytics in semiconductor & electronics market analysis, trends, and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and market opportunity.
- The EMEA big data analytics in semiconductor & electronics market size is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the EMEA big data analytics in semiconductor & electronics industry.
EMEA Big Data Analytics in Semiconductor & Electronics Market Report Highlights
| Aspects | Details |
 By Component |
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 By Deployment Mode |
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 By End User |
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 By Analytical Tools |
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 By Application |
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 By Usage |
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 By Country |
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 Key Market Players | KX SYSTEMS INC., INTERNATIONAL BUSINESS MACHINES CORPORATION, SAP SE, MICROSOFT CORPORATION, CISCO SYSTEMS, INC., AMAZON WEB SERVICES, INC., SAS INSTITUTE INC., TIBCO SOFTWARE INC., DELL EMC, EXPERION TECHNOLOGIES, SPLUNK INC. |
Analyst Review
The adoption of big data analytic solutions has increased significantly over the time to boost the decision-making capability and improve the business insights of organizations. In addition, the ability of the big data analytics solution to provide potential opportunities for business and gain new insights to run the business efficiently is increasing its popularity among end users. Furthermore, economic strength of the developed nations such as the UK, Germany, France, and Israel is expected to provide lucrative opportunities for the market growth. Emerging countries in EMEA are projected to offer significant growth opportunities during the forecast period. Presently, every organization, regardless of its size, is shifting its focus toward data analytics capability and is deploying data analytics tools and platforms to manage disparate data sets with higher volume to develop deeper insights from the data. This is attributed to the adoption of technology to sustain in a saturated and competitive market and to gain competitive advantages over the other players.
EMEA has witnessed complexity while deriving insights from structured and unstructured data, which has generated the need for investing in big data analytical tools among semiconductor & electronics companies. Big data analytics solutions are continuing to gain significant investment and attention from European organizations. Furthermore, emerging initiatives of governments regarding the development of big data across EMEA fuels market growth. For instance, government-backed programs, such as Smart Dubai, play a key role in accelerating digital transformation across the Emirates.
The adoption of data analytics tools is empowering businesses with better integration with partners & suppliers, increasing agility, and encouraging them to leverage advanced predictive as well as prescriptive forms of analytics, thus helping companies to gain differentiation & competitive advantage in the market.
However, due to outbreak of COVID-19 pandemic, some operations may fail to return to normal due to which any gain in data efficiency can improve future operations, which positively impacted the market. In terms of economic impacts, nations across EMEA are suffering, and each organization needs to find enhanced financial strategies to minimize risk and protect revenue. For which adopting data analytics has become highly important now more than ever.
Players operating in the EMEA region are focusing toward product development and to increase their geographical presence, owing to rise in competition among local vendors in terms of features, quality, and price. In addition, these players are adopting various business strategies to strengthen their foothold in the market and enhance their product offerings. For instance, in April 2019, US-based Alteryx, one of the leading data science and analytics firms, opened its Middle East and Africa office in Dubai. This expansion is expected to tackle surge of interest in advanced data analytics across the Middle East and Africa (MEA).
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