Predictive Maintenance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report
142 Pages
June 2023
Region: Global
IMARC Group
ID: 5578112

The global predictive maintenance market size reached US$ 8.0 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 35.9 Billion by 2028, exhibiting a growth rate (CAGR) of 27.54% during 2023-2028. The growing utilization of machine-to-machine (M2M) communication, increasing investment in extending the lifespan of various aging industrial machinery, and rising integration with remote monitoring to conduct advanced inspections represent some of the key factors driving the market.

Predictive maintenance refers to the technique that relies on condition-monitoring tools and systems to monitor the performance of equipment during operation. It comprises the internet of things (IoT), artificial intelligence (AI), and integrated systems to connect different assets and systems and share and analyze crucial data. It also consists of predictive maintenance sensors, industrial controls, and business systems, such as enterprise asset management (EAM) and enterprise resource planning (ERP) software. It functions by utilizing condition monitoring equipment to examine and evaluate the performance of assets. It records a wide range of data, such as temperature, vibrations, and conductivity, which enables an engineer to predict the failure of equipment or assets while allowing them to be replaced or repaired in advance. It helps reduce maintenance costs, increase the shelf life of equipment, and improve productivity. Furthermore, as predictive maintenance provides safety compliance and preemptive corrective actions, its demand is increasing around the world

Predictive Maintenance Market Trends:

At present, the rising demand for predictive maintenance due to the increasing automation of operations of various industrial assets represents one of the primary factors influencing the market positively. Besides this, the growing utilization of machine-to-machine (M2M) communication and cloud technology to investigate a wide array of information derived from industrial and business assets is offering a favorable market outlook. Additionally, there is an increase in the adoption of predictive maintenance by technicians to plan and prepare for a repair by taking appropriate steps. This, along with the rising employment of predictive maintenance to prevent the disruption of production cycles and the occurrence of unplanned downtime, is propelling the growth of the market. Apart from this, there is a rise in the utilization of predictive maintenance by businesses to generate a tangible return on investment (ROI). This, coupled with the increasing investment in extending the lifespan of various aging industrial machinery, is contributing to the growth of the market. In addition, the rising integration of predictive maintenance with remote monitoring to conduct advanced inspections and predict component and equipment failures is supporting the market growth. Moreover, the increasing employment of predictive maintenance in the healthcare sector to improve the reliability of healthcare infrastructure is bolstering the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global predictive maintenance market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, technique, deployment type, organization size and industry vertical.

Component Insights:

Solution
Service

The report has provided a detailed breakup and analysis of the predictive maintenance market based on the component. This includes solution and service. According to the report, solution represented the largest segment.

Technique Insights:

Vibration Monitoring
Electrical Testing
Oil Analysis
Ultrasonic Leak Detectors
Shock Pulse
Infrared
Others

A detailed breakup and analysis of the predictive maintenance market based on the technique has also been provided in the report. This includes vibration monitoring, electrical testing, oil analysis, ultrasonic leak detectors, shock pulse, infrared, and others. According to the report, vibration monitoring accounted for the largest market share.

Deployment Type Insights:

Cloud-based
On-premises

A detailed breakup and analysis of the predictive maintenance market based on the deployment type has also been provided in the report. This includes cloud-based and on-premises. According to the report, on-premises accounted for the largest market share.

Organization Size Insights:

Small and Medium-sized Enterprises
Large Enterprises

A detailed breakup and analysis of the predictive maintenance market based on the organization size has also been provided in the report. This includes small and medium-sized enterprises and large enterprises. According to the report, large enterprises accounted for the largest market share.

Industry Vertical Insights:

Manufacturing
Energy and Utilities
Aerospace and Defense
Transportation and Logistics
Government
Healthcare
Others

A detailed breakup and analysis of the predictive maintenance market based on the industry vertical has also been provided in the report. This includes manufacturing, energy and utilities, aerospace and defense, transportation and logistics, government, healthcare, and others. According to the report, manufacturing accounted for the largest market share.

Regional Insights:

North America

United States
Canada

Asia-Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America (the United States and Canada) was the largest market for predictive maintenance. Some of the factors driving the North America predictive maintenance market included the growing demand for remote monitoring facilities, rising technological advancements in business automation processes, increasing number of solution and service vendors, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global predictive maintenance market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Asystom, C3.ai Inc., General Electric Company, Google LLC (Alphabet Inc.), Hitachi Ltd., International Business Machines Corporation, Microsoft Corporation, PTC Inc., SAP SE, Software AG, Tibco Software Inc., Uptake Technologies Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global predictive maintenance market in 2022?
2. What is the expected growth rate of the global predictive maintenance market during 2023-2028?
3. What are the key factors driving the global predictive maintenance market?
4. What has been the impact of COVID-19 on the global predictive maintenance market?
5. What is the breakup of the global predictive maintenance market based on the component?
6. What is the breakup of the global predictive maintenance market based on the technique?
7. What is the breakup of the global predictive maintenance market based on deployment type?
8. What is the breakup of the global predictive maintenance market based on the organization size?
9. What is the breakup of the global predictive maintenance market based on the industry vertical?
10. What are the key regions in the global predictive maintenance market?
11. Who are the key players/companies in the global predictive maintenance market?

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Predictive Maintenance Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Component

6.1 Solution
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Service
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Technique

7.1 Vibration Monitoring
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Electrical Testing
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Oil Analysis
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Ultrasonic Leak Detectors
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Shock Pulse
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Infrared
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast

8 Market Breakup by Deployment Type

8.1 Cloud-based
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 On-premises
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Organization Size

9.1 Small and Medium-sized Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Large Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast

10 Market Breakup by Industry Vertical

10.1 Manufacturing
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Energy and Utilities
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Aerospace and Defense
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Transportation and Logistics
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Government
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Healthcare
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Others
10.7.1 Market Trends
10.7.2 Market Forecast

11 Market Breakup by Region

11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast

12 SWOT Analysis

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Asystom
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.2 C3.ai Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.3 General Electric Company
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Google LLC (Alphabet Inc.)
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 SWOT Analysis
16.3.5 Hitachi Ltd.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 International Business Machines Corporation
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Microsoft Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 PTC Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 SAP SE
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Software AG
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.11 Tibco Software Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 SWOT Analysis
16.3.12 Uptake Technologies Inc.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Predictive Maintenance Market: Major Drivers and Challenges
Figure 2: Global: Predictive Maintenance Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Predictive Maintenance Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Predictive Maintenance Market: Breakup by Component (in %), 2022
Figure 5: Global: Predictive Maintenance Market: Breakup by Technique (in %), 2022
Figure 6: Global: Predictive Maintenance Market: Breakup by Deployment Type (in %), 2022
Figure 7: Global: Predictive Maintenance Market: Breakup by Organization Size (in %), 2022
Figure 8: Global: Predictive Maintenance Market: Breakup by Industry Vertical (in %), 2022
Figure 9: Global: Predictive Maintenance Market: Breakup by Region (in %), 2022
Figure 10: Global: Predictive Maintenance (Solution) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Predictive Maintenance (Solution) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Predictive Maintenance (Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Predictive Maintenance (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Predictive Maintenance (Vibration Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Predictive Maintenance (Vibration Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Predictive Maintenance (Electrical Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Predictive Maintenance (Electrical Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Predictive Maintenance (Oil Analysis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Predictive Maintenance (Oil Analysis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Predictive Maintenance (Ultrasonic Leak Detectors) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Predictive Maintenance (Ultrasonic Leak Detectors) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Predictive Maintenance (Shock Pulse) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Predictive Maintenance (Shock Pulse) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Predictive Maintenance (Infrared) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Predictive Maintenance (Infrared) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Predictive Maintenance (Other Techniques) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Predictive Maintenance (Other Techniques) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Predictive Maintenance (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Predictive Maintenance (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Predictive Maintenance (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Predictive Maintenance (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Predictive Maintenance (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Predictive Maintenance (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Predictive Maintenance (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Predictive Maintenance (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Predictive Maintenance (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Predictive Maintenance (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Predictive Maintenance (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Predictive Maintenance (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Predictive Maintenance (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Predictive Maintenance (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Predictive Maintenance (Transportation and Logistics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Predictive Maintenance (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Predictive Maintenance (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Predictive Maintenance (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Predictive Maintenance (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Predictive Maintenance (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Global: Predictive Maintenance (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Global: Predictive Maintenance (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: North America: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: North America: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: United States: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: United States: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Canada: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Canada: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Asia-Pacific: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Asia-Pacific: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: China: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: China: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Japan: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Japan: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: India: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: India: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: South Korea: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: South Korea: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Australia: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Australia: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Indonesia: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Indonesia: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Europe: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Europe: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Germany: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Germany: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: France: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: France: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: United Kingdom: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: United Kingdom: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Italy: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Italy: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Spain: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Spain: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Russia: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Russia: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Others: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Others: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Latin America: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Latin America: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Brazil: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Brazil: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Mexico: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Mexico: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Others: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Others: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 96: Middle East and Africa: Predictive Maintenance Market: Sales Value (in Million US$), 2017 & 2022
Figure 97: Middle East and Africa: Predictive Maintenance Market: Breakup by Country (in %), 2022
Figure 98: Middle East and Africa: Predictive Maintenance Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 99: Global: Predictive Maintenance Industry: SWOT Analysis
Figure 100: Global: Predictive Maintenance Industry: Value Chain Analysis
Figure 101: Global: Predictive Maintenance Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Predictive Maintenance Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Predictive Maintenance Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Predictive Maintenance Market Forecast: Breakup by Technique (in Million US$), 2023-2028
Table 4: Global: Predictive Maintenance Market Forecast: Breakup by Deployment Type (in Million US$), 2023-2028
Table 5: Global: Predictive Maintenance Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 6: Global: Predictive Maintenance Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
Table 7: Global: Predictive Maintenance Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Predictive Maintenance Market: Competitive Structure
Table 9: Global: Predictive Maintenance Market: Key Players

Companies Mentioned

Asystom
C3.ai Inc.
General Electric Company
Google LLC (Alphabet Inc.)
Hitachi Ltd.
International Business Machines Corporation
Microsoft Corporation
PTC Inc.
SAP SE
Software AG
Tibco Software Inc.
Uptake Technologies Inc.

Methodology

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Table Information

Report Attribute	Details
No. of Pages	142
Published	June 2023
Forecast Period	2022 - 2028
Estimated Market Value ( USD ) in 2022	$ 8 Billion
Forecasted Market Value ( USD ) by 2028	$ 35.9 Billion
Compound Annual Growth Rate	28.4%
Regions Covered	Global
No. of Companies Mentioned	12

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