Manufacturing Execution Systems (MES) Market Worth $17.83 Billion by 2030
The growth of this market is attributed to the growing complexity of manufacturing operations, the rising adoption of industrial automation in process and discrete industries and the increasing significance of regulatory compliances. Furthermore, the integration of MES with solutions such as ERP and PLM and increasing applications of MES in the pharmaceutical industry are expected to create significant opportunities for the players operating in this market.
The pandemic severely impacted several sectors, with major manufacturers shutting down their operations completely or operating at reduced capacities following the directives issued by their respective governments. Uncertainty regarding the duration of the lockdown and supply-chain disruptions made it more difficult for players to anticipate the recovery. This crisis caused structural shifts that had significant implications for the market.
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