Big Data Analytics in Global Condition Monitoring, Forecast to 2023

Rise of New Business Models Through Focus on Software

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The application of Big Data analytics in the condition monitoring market is at a nascent stage. Current solutions offered by vendors are only able to analyze condition data such as vibration. The true value of big data will be realized when analytics service providers are able to offer solutions by combining condition and process data (SCADA and PLC data).The condition monitoring market is gradually changing. In the past, this market was highly hardware driven. The needs of customers are evolving as they look for a more holistic solution that combines hardware, software, and services.Hardware is becoming increasingly commoditized and product differentiation is diminishing. The main areas of innovation are in so

Table of Contents

1. Executive Summary
Key Findings
Key Conclusions and Future Outlook
Market Engineering Measurements
CEO’s Perspective
2. Research Scope and Segmentation
Research Scope
Segment Definitions
End-user Industries Covered
Research Methodology
3. Drivers and Restraints—Big Data Analytics in Condition Monitoring Applications Market
Market Drivers
Additional Key Enablers for Advanced Analytics in Condition Monitoring Applications Market
Market Restraints
4. Forecasts and Trends—Big Data Analytics in Condition Monitoring Applications Market
Market Engineering Measurements
Revenue Forecast
Revenue Forecast Discussion—Breakdown of Services
Current Application of Big Data Analytics in Condition Monitoring
Evolution of Big Data in Condition Monitoring Applications
The Next Evolution—Prescriptive Analytics
Snapshot of Manufacturing Versus Other Sectors
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast by Vertical Market
5. Market Share and Competitive Analysis—Big Data Analytics in Condition Monitoring Applications Market
Competitive Landscape
Case Study—BP Using GE’s Predix Platform
Case Study—Mtell’s Prescriptive Analytics Platform
Case Study—Siemens’ Remote Maintenance Solution
Case Study—National Instruments and IBM Partnership
Competitive Factors and Assessment
6. Growth Opportunities and Companies to Action
Growth Opportunity—Improving Production Efficiency
Growth Opportunity—Technology Advancement
Strategic Imperatives for Success and Growth
TIES Project—5 Major Growth Opportunities for Condition Monitoring
7. Evolving Business Models
Taxonomy of Business Models
Taxonomy of B2B Business Models
Service-based Model—PaaS, Platform as a Service, and DaaS
Fee-based Model—Pay Per Use, Renting/Leasing, and Subscription Model (SaaS)
Evolving Business Models
Case Study—Rolls-Royce
8. The Last Word
3 Big Predictions
Legal Disclaimer
9. Appendix
Market Engineering Methodology
Legal Disclaimer

Infographic



List of Figures & Charts

1. Big Data Analytics in Condition Monitoring Applications Market: Key Conclusions and Future Outlook, Global, 2016 and 2023
2. Big Data Analytics in Condition Monitoring Applications Market: Key Market Drivers, Global, 2017–2023
3. Big Data Analytics in Condition Monitoring Applications Market: Key Market Restraints, Global, 2017–2023
4. Big Data Analytics in Condition Monitoring Applications Market: Market Engineering Measurements, Global, 2016
5. Big Data Analytics in Condition Monitoring Applications Market: Revenue Forecast by Region, Global, 2014–2023


1. Big Data Analytics in Condition Monitoring Applications Market: Market Engineering Measurements, Global, 2016
2. Big Data Analytics in Condition Monitoring Applications Market: Revenue Forecast, Global, 2014–2023
3. Big Data Analytics in Condition Monitoring Applications Market: Revenue Contribution by Service Type, Global, 2016 and 2023
4. Big Data Analytics in Condition Monitoring Applications Market: Current Application of Big Data Analytics in Condition Monitoring, Global, 2016
5. Big Data Analytics in Condition Monitoring Applications Market: Evolution of Big Data in Condition Monitoring Applications, Global, 2000–2020
6. Big Data Analytics in Condition Monitoring Market: Snapshot of Manufacturing Versus Other Sectors, Global, 2016
7. Big Data Analytics in Condition Monitoring Applications Market: Percent Revenue Forecast by Region, Global, 2014–2023
8. Big Data Analytics in Condition Monitoring Applications Market: Revenue Forecast by Vertical Market, Global, 2014–2023
9. Big Data Analytics in Condition Monitoring Market: Taxonomy of B2B Business Models, Global, 2016



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