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APM uses data management, pattern recognition, predictive analytics, artificial intelligence, and machine learning to make asset- centric organizations more productive, improving asset reliability while reducing operational costs and risks.
The global Asset Performance Management (APM) Solutions market was valued at US$ 1438 million in 2023 and is anticipated to reach US$ 2219.4 million by 2030, witnessing a CAGR of 6.7% during the forecast period 2024-2030.
Asset Performance Management (APM) solutions are used by organizations to optimize the performance and reliability of their assets, which can include equipment, machinery, infrastructure, and more. These solutions help companies monitor, maintain, and improve the efficiency and availability of their critical assets. The APM solutions market has been experiencing global growth, with increased adoption across various industries, including manufacturing, energy, utilities, oil and gas, and transportation. A trend toward industry-specific APM solutions has emerged, catering to the unique needs and challenges of different sectors. For example, solutions for the energy sector may focus on predictive maintenance for wind turbines or power plants, while manufacturing APM solutions may target production line efficiency. The integration of the Internet of Things (IoT) and advanced data analytics has significantly enhanced APM capabilities. IoT sensors and data analytics platforms provide real-time insights into asset health, allowing for predictive maintenance and better decision-making.
This report aims to provide a comprehensive presentation of the global market for Asset Performance Management (APM) Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Asset Performance Management (APM) Solutions.
Report Scope
The Asset Performance Management (APM) Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Asset Performance Management (APM) Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Asset Performance Management (APM) Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
AVEVA Group plc
Bentley Systems
Incorporated
DNV GL
Flowserve Corporation
GE Digital
IBM Corporation
MaxGrip B.V
Nexus Global Business Solutions, Inc
Oracle Corporation
SAP SE
SAS Institute Inc.
Schneider Electric SE
Siemens AG
Segment by Type
Asset Performance Management Software
Risk & Strategy Analysis
Segment by Application
Oil & Gas Industries
Energy
Utility
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Asset Performance Management (APM) Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The global Asset Performance Management (APM) Solutions market was valued at US$ 1438 million in 2023 and is anticipated to reach US$ 2219.4 million by 2030, witnessing a CAGR of 6.7% during the forecast period 2024-2030.
Asset Performance Management (APM) solutions are used by organizations to optimize the performance and reliability of their assets, which can include equipment, machinery, infrastructure, and more. These solutions help companies monitor, maintain, and improve the efficiency and availability of their critical assets. The APM solutions market has been experiencing global growth, with increased adoption across various industries, including manufacturing, energy, utilities, oil and gas, and transportation. A trend toward industry-specific APM solutions has emerged, catering to the unique needs and challenges of different sectors. For example, solutions for the energy sector may focus on predictive maintenance for wind turbines or power plants, while manufacturing APM solutions may target production line efficiency. The integration of the Internet of Things (IoT) and advanced data analytics has significantly enhanced APM capabilities. IoT sensors and data analytics platforms provide real-time insights into asset health, allowing for predictive maintenance and better decision-making.
This report aims to provide a comprehensive presentation of the global market for Asset Performance Management (APM) Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Asset Performance Management (APM) Solutions.
Report Scope
The Asset Performance Management (APM) Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Asset Performance Management (APM) Solutions market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Asset Performance Management (APM) Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
AVEVA Group plc
Bentley Systems
Incorporated
DNV GL
Flowserve Corporation
GE Digital
IBM Corporation
MaxGrip B.V
Nexus Global Business Solutions, Inc
Oracle Corporation
SAP SE
SAS Institute Inc.
Schneider Electric SE
Siemens AG
Segment by Type
Asset Performance Management Software
Risk & Strategy Analysis
Segment by Application
Oil & Gas Industries
Energy
Utility
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Asset Performance Management (APM) Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Frequently Asked Questions
This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
- By product type
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- By Region
The report provides a detailed evaluation of the market by
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