Manufacturing Operations Management (MOM) Software Market Expected to Reach US$ 15,554.0 Mn by 2026
According to a new market report published by Transparency Market Research,the global Manufacturing Operations Management (MOM) software market was valued at US$6,376.1 Mn in 2016 and is expected to expand at a CAGR of 9.6% from 2018 to 2026, reaching US$ 15,554.0 Mn by the end of the forecast period. According to the report, the global Manufacturing Operations Management (MOM) software market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at CAGR of about 10.4% throughout the forecast period. Surge in Demand for Paperless Manufacturing is Drivingthe Market The global manufacturing operations management software market is majorly driven due to rising adoption of paperless technology in manufacturing industry. Paperless manufacturing refers to the use of software-based electronic systems to monitor and enforce manufacturing produc...