Asset performance management software includes all properties of integration, data capture, analytics and visualization in a single platform for common purpose of improving and increasing availability and reliability of physical assets. Asset performance management includes reliability-centered maintenance (RCM), predictive forecasting and condition monitoring. Asset performance management (APM) software plays an important role in the organization. It enhances the overall asset management of enterprise. It delivers accurate information at exact point of action to minimise equipment failure, reduce unplanned work, increase asset life and improve asset availability without any additional cost.
Numerous factor such as increasing need to generate maximum economical return on the assets and growing need for the maintenance of assets on basis of risk driving the growth of the asset performance management market globally. Moreover, factor such as emerging use of cloud-based APM software among the end users further boosts the growth of the market globally. However, lack of knowledge while selecting the solution that perfectly match with enterprise business and less awareness of cyber security restrain the growth of asset performance management solution market globally. Furthermore, the emergence of technology such as industrial internet of things (IIoT) and increasing demand of big data analytics in the industrial vertical will create lucrative opportunity in the market of asset performance management market globally.
Asset performance management market is segmented on the basis of component, deployment mode, enterprise size, industry vertical, and region. By component, it is classified into software and services. By deployment model, the market is categorized into the on-premise and cloud-based. By enterprise size, it is bifurcated into small & medium size enterprise and large size enterprises. By industry vertical, it is classified into energy and utilities, oil and gas, manufacturing, mining and metals, healthcare and life sciences, chemical and pharmaceuticals, government and defense, information technology and telecom, food and beverages, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
This report gives an in-depth profile of some key market players in the asset performance management market are ABB Group, Aveva Inc., Bentley System, GE digital, IBM Corporation, Infor Inc., Oracle Corporation, SAP SE, SAS Institute Inc. and Siemens AG
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By COMPONENT
By DEPLOYMENT MODE
By ENTERPRISE SIZE
By INDUSTRY VERTICAL.
Energy and Utilities
By REGION
Key Market Players
Numerous factor such as increasing need to generate maximum economical return on the assets and growing need for the maintenance of assets on basis of risk driving the growth of the asset performance management market globally. Moreover, factor such as emerging use of cloud-based APM software among the end users further boosts the growth of the market globally. However, lack of knowledge while selecting the solution that perfectly match with enterprise business and less awareness of cyber security restrain the growth of asset performance management solution market globally. Furthermore, the emergence of technology such as industrial internet of things (IIoT) and increasing demand of big data analytics in the industrial vertical will create lucrative opportunity in the market of asset performance management market globally.
Asset performance management market is segmented on the basis of component, deployment mode, enterprise size, industry vertical, and region. By component, it is classified into software and services. By deployment model, the market is categorized into the on-premise and cloud-based. By enterprise size, it is bifurcated into small & medium size enterprise and large size enterprises. By industry vertical, it is classified into energy and utilities, oil and gas, manufacturing, mining and metals, healthcare and life sciences, chemical and pharmaceuticals, government and defense, information technology and telecom, food and beverages, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
This report gives an in-depth profile of some key market players in the asset performance management market are ABB Group, Aveva Inc., Bentley System, GE digital, IBM Corporation, Infor Inc., Oracle Corporation, SAP SE, SAS Institute Inc. and Siemens AG
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the asset performance management market along with current trends and future estimations to elucidate imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of asset performance management market for the period 2020-2027 is provided to determine the market potential.
KEY MARKET SEGMENTS
By COMPONENT
- Software
- Services
By DEPLOYMENT MODE
- On-premise
- Cloud-based
By ENTERPRISE SIZE
- Large Enterprises
- Small- & Medium-sized Enterprises
By INDUSTRY VERTICAL.
Energy and Utilities
- Oil and Gas
- Manufacturing
- Mining and Metals
- Healthcare and Life Sciences
- Chemical and Pharmaceuticals
- Government and Defence
- IT and Telecom
- Food and Beverages
- Others
By REGION
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- ABB Group
- Aveva Inc.
- Bentley System
- GE digital
- IBM Corporation
- Infor Inc.
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- Siemens AG
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Asset Performance Management Market, by Component
Chapter 5: Asset Performance Management Market, by Deployment Mode
Chapter 6: Asset Performance Management Market, by Organization Size
Chapter 7: Asset Performance Management Market, by Industry Vertical
Chapter 8: Asset Performance Management Market, by Region
Chapter 9: Competitive Landscape
Chapter 10: Company Profile
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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