Manufacturing Operations Management Software Market to Hit

From GlobeNewswire: 2025-06-17 10:00:00

The Manufacturing Operations Management Software Market was valued at USD 15.78 billion in 2023, projected to reach USD 51.16 billion by 2032. Key players include ABB, Aspen Technology Inc, GE Digital, Oracle, SAP SE, and more. Major growth drivers are real-time process visibility, smart manufacturing, and automation adoption globally.

The U.S. MOM Software Market was valued at USD 3.76 billion in 2023, expected to reach USD 12.15 billion by 2032, growing at a CAGR of 13.91%. Emphasis on smart manufacturing, real-time monitoring, and digital transformation are driving growth in the U.S. manufacturing sector.

The software segment dominated the Manufacturing Operations Management Software Market in 2023 with a 74% revenue share. Software plays a crucial role in automating production processes, minimizing downtime, and enabling real-time data analysis, contributing to increased efficiency and competitiveness.

Small and medium enterprises (SMEs) are expected to witness the fastest growth in the MOM Software Market, with a projected CAGR of 15.69% from 2024 to 2032. Affordable cloud-based solutions are driving adoption among SMEs, improving production efficiency, waste reduction, and responsiveness to customer needs.

Quality management led the MOM Software Market in 2023 with a 28% revenue share. MOM software is essential for real-time monitoring, defect detection, and automated documentation, ensuring consistent product quality, regulatory compliance, and customer trust in quality-sensitive industries.

The aerospace and defense segment led the MOM Software Market in 2023 with a 24% revenue share. MOM software enables quality assurance, contract compliance, and performance optimization, meeting stringent compliance requirements and ensuring real-time traceability in precision engineering environments. 1. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling by over 500 points. This was attributed to concerns about rising inflation and interest rates.

2. In other news, a new study has found that the COVID-19 vaccine is highly effective in preventing severe illness and death from the virus. The study showed that vaccinated individuals were 95% less likely to be hospitalized.

3. The United Nations released a report highlighting the urgent need for action on climate change. The report warns that the world is running out of time to prevent catastrophic effects of global warming, with temperatures expected to rise by 2.7 degrees Fahrenheit by 2100.



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