Asset Performance Management Market by Component (Solutions (Asset Strategy, Asset Reliability, and Predictive Asset Management) and Services), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2028
The asset performance management market size is expected to grow from USD 2.9 billion in 2023 to USD 4.7 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast period. Requirement to extend life span of assets with help of advanced technologies and growing inclination toward adoption of new approach to asset performance management with Industry 4.0 to offer opportunities for the growth of asset performance management market. Lack of skilled workforce and poor management skills represents a significant challenge for the growth of the asset performance management market.
“As per component, the services segment is projected to witness a higher CAGR during the forecast period. “
On the basis of services, the asset performance management market is segmented into two categories: professional and managed services. These services assist in building, assessing, and leveraging asset performance management environments to avoid time wastage and effort on a failed implementation. Enterprises need active support from skilled professionals to minimize their downtime during the pre-and post-installation of asset performance management solutions. These services provide the necessary support to uphold the efficiency of business processes, increase enterprise growth, and reduce unwanted operational expenses.
“As per deployment type, the on-premises segment to hold a larger market share in 2023.“
The on-premises deployment of asset performance management solutions and services is a commonly used practice. It offers enterprises the power to manage risks, business processes, and industry policies and enables compliance management. Security and compliance are major concerns for businesses to manage the ever-increasing demand for customer experience. The adoption of on-premises asset performance management solutions reduces security risks and helps in boosting customer experience. The secure feature of on-premises has led to the modernization of operations to increase response rates, enhance efficiency, and reduce costs. On-premises deployment is a traditional approach to implement asset performance management solutions across enterprises.
“As per organization size, the SMEs segment is projected to grow at a higher CAGR during the forecast period.”
Asset performance management enables organizations to evaluate the variables that affect asset performance while in the field, ranging from feedstock in a pump to the training or work habits of the site crew. Asset performance management solutions monitor every asset and generate data. The generated data can allow technicians to perform more accurate Root Cause Analysis (RCA). In this way, teams throughout the organization can understand the process parameters that can lead to failures or reduced asset performance, enabling them to align more effectively across the supply network; improve planning; and reduce inventory, loss-of-market, and logistics costs. These factors are also expected to encourage SMEs to adopt asset performance management solutions and services at a rapid pace.
The breakup of the profiles of the primary participants is given below:
? By Company: Tier I: 34%, Tier II: 43%, and Tier III: 23%
? By Designation: C-Level Executives: 50%, Director Level: 30%, and Others: 20%
? By Region: North America: 25%, Europe: 30%, Asia Pacific: 30%, Middle East & Africa: 10%, Latin America: 5%
Note: Others include sales managers, marketing managers, and product managers
Note: Tier 1 companies have revenues more than USD 100 million; tier 2 companies’ revenue ranges from USD 10 million to USD 100 million; and tier 3 companies’ revenue is less than 10 million
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
Some of the key players operating in the asset performance management market are – AVEVA (UK), SAP (Germany), GE Digital (US), IBM (US), ABB (Switzerland), Emerson (US), Bentley Systems (US), Rockwell Automation (US), Fluke (US), and DNV (Norway).
Research coverage:
The market study covers the asset performance management market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as component, deployment type, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall asset performance management market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“As per component, the services segment is projected to witness a higher CAGR during the forecast period. “
On the basis of services, the asset performance management market is segmented into two categories: professional and managed services. These services assist in building, assessing, and leveraging asset performance management environments to avoid time wastage and effort on a failed implementation. Enterprises need active support from skilled professionals to minimize their downtime during the pre-and post-installation of asset performance management solutions. These services provide the necessary support to uphold the efficiency of business processes, increase enterprise growth, and reduce unwanted operational expenses.
“As per deployment type, the on-premises segment to hold a larger market share in 2023.“
The on-premises deployment of asset performance management solutions and services is a commonly used practice. It offers enterprises the power to manage risks, business processes, and industry policies and enables compliance management. Security and compliance are major concerns for businesses to manage the ever-increasing demand for customer experience. The adoption of on-premises asset performance management solutions reduces security risks and helps in boosting customer experience. The secure feature of on-premises has led to the modernization of operations to increase response rates, enhance efficiency, and reduce costs. On-premises deployment is a traditional approach to implement asset performance management solutions across enterprises.
“As per organization size, the SMEs segment is projected to grow at a higher CAGR during the forecast period.”
Asset performance management enables organizations to evaluate the variables that affect asset performance while in the field, ranging from feedstock in a pump to the training or work habits of the site crew. Asset performance management solutions monitor every asset and generate data. The generated data can allow technicians to perform more accurate Root Cause Analysis (RCA). In this way, teams throughout the organization can understand the process parameters that can lead to failures or reduced asset performance, enabling them to align more effectively across the supply network; improve planning; and reduce inventory, loss-of-market, and logistics costs. These factors are also expected to encourage SMEs to adopt asset performance management solutions and services at a rapid pace.
The breakup of the profiles of the primary participants is given below:
? By Company: Tier I: 34%, Tier II: 43%, and Tier III: 23%
? By Designation: C-Level Executives: 50%, Director Level: 30%, and Others: 20%
? By Region: North America: 25%, Europe: 30%, Asia Pacific: 30%, Middle East & Africa: 10%, Latin America: 5%
Note: Others include sales managers, marketing managers, and product managers
Note: Tier 1 companies have revenues more than USD 100 million; tier 2 companies’ revenue ranges from USD 10 million to USD 100 million; and tier 3 companies’ revenue is less than 10 million
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
Some of the key players operating in the asset performance management market are – AVEVA (UK), SAP (Germany), GE Digital (US), IBM (US), ABB (Switzerland), Emerson (US), Bentley Systems (US), Rockwell Automation (US), Fluke (US), and DNV (Norway).
Research coverage:
The market study covers the asset performance management market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as component, deployment type, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall asset performance management market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (need to meet regulatory compliance and reporting standards across asset-centric organizations, growing need to manage assets efficiency and sustainability and optimize total cost of ownership, demand for making informed business decisions with predictive asset maintenance, increased digital workforce and reliability culture, and growing need to optimize asset performance management strategy with a 360-degree view of asset performance), restraints (concerns over data security and confidentiality and impact of stringent government rules and regulations), opportunities (requirement to extend life span of assets with help of advanced technologies, growing inclination toward adoption of new approach to asset performance management with industry 4.0, rising trend of proactive asset performance management with iiot, predictive, and prescriptive analytics, adoption of digital twin solutions for asset performance management to drive better return on assets, and inclination of organizations toward cloud-based deployments to overcome on-premises limitations), and challenges (lack of skilled workforce and poor management skills and difficulties with integration and implementation of asset performance management with existing applications) influencing the growth of the asset performance management market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the asset performance management market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the asset performance management market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the asset performance management market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like AVEVA, SAP, GE Digital, IBM, ABB, Emerson, Bentley Systems, Rockwell Automation, Fluke, DNV,among others in the asset performance management market.
1 INTRODUCTION 40
1.1 STUDY OBJECTIVES 40
1.2 MARKET DEFINITION 40
1.2.1 INCLUSIONS AND EXCLUSIONS 41
1.3 MARKET SCOPE 42
1.3.1 MARKET SEGMENTATION 42
1.3.2 REGIONS COVERED 42
1.3.3 YEARS CONSIDERED 43
1.4 CURRENCY 43
TABLE 1 USD EXCHANGE RATE, 2015–2022 43
1.5 STAKEHOLDERS 44
1.6 SUMMARY OF CHANGES 44
2 RESEARCH METHODOLOGY 45
2.1 RESEARCH DATA 45
FIGURE 1 ASSET PERFORMANCE MANAGEMENT MARKET: RESEARCH DESIGN 46
2.1.1 SECONDARY DATA 47
2.1.2 PRIMARY DATA 47
2.1.2.1 Breakup of primary profiles 48
FIGURE 2 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 48
2.1.2.2 Key industry insights 48
2.2 DATA TRIANGULATION 49
2.3 MARKET SIZE ESTIMATION 50
FIGURE 3 ASSET PERFORMANCE MANAGEMENT MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 50
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (TOP-DOWN): REVENUE OF VENDORS OFFERING ASSET PERFORMANCE MANAGEMENT SOLUTIONS AND SERVICES 51
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 2 (BOTTOM-UP): REVENUE OF VENDORS OFFERING ASSET PERFORMANCE MANAGEMENT SOLUTIONS AND SERVICES 52
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3 (DEMAND SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF ASSET PERFORMANCE MANAGEMENT MARKET 52
FIGURE 7 MARKET SIZE SIZING METHODOLOGY—SUPPLY SIDE: ILLUSTRATION OF VENDOR REVENUE ESTIMATION 53
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY—SUPPLY SIDE: CAGR PROJECTIONS FROM SUPPLY SIDE 53
2.4 MARKET FORECAST 54
TABLE 2 ASSET PERFORMANCE MANAGEMENT MARKET: FACTOR ANALYSIS 54
2.5 RESEARCH ASSUMPTIONS 55
2.6 LIMITATIONS 56
3 EXECUTIVE SUMMARY 57
3.1 RECESSION IMPACT 57
FIGURE 9 ASSET PERFORMANCE MANAGEMENT MARKET SNAPSHOT, 2019–2028 58
FIGURE 10 HIGH-GROWTH SEGMENTS IN ASSET PERFORMANCE MANAGEMENT MARKET 59
FIGURE 11 ASSET STRATEGY MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 59
FIGURE 12 ON-PREMISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD 60
FIGURE 13 TOP END USERS OF ASSET PERFORMANCE MANAGEMENT 61
FIGURE 14 ASSET PERFORMANCE MANAGEMENT MARKET: REGIONAL SNAPSHOT 62
4 PREMIUM INSIGHTS 63
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN ASSET PERFORMANCE MANAGEMENT MARKET 63
FIGURE 15 NEED FOR SIMPLIFYING INFORMATION TECHNOLOGY OPERATIONS WORKFLOW TO DRIVE ADOPTION 63
4.2 ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION (2023 VS. 2028) 63
FIGURE 16 ASSET STRATEGY MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 63
4.3 ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE 64
FIGURE 17 ON-PREMISES SEGMENT ACCOUNTS FOR MAJOR SHARE OF MARKET IN 2023 64
4.4 ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE 64
FIGURE 18 LARGE ENTERPRISES SEGMENT ACCOUNTS FOR DOMINANT MARKET SHARE IN 2023 64
4.5 ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL (2023 VS. 2028) 65
FIGURE 19 ENERGY & UTILITIES VERTICAL TO BE LARGEST END USER DURING FORECAST PERIOD 65
4.6 ASSET PERFORMANCE MANAGEMENT MARKET: REGIONAL SCENARIO, 2023–2028 65
FIGURE 20 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 65
5 MARKET OVERVIEW AND INDUSTRY TRENDS 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 21 ASSET PERFORMANCE MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 67
5.2.1 DRIVERS 67
5.2.1.1 Need to meet regulatory compliance and reporting standards across asset-centric organizations 67
5.2.1.2 Growing need to manage assets efficiency and sustainability and optimize total cost of ownership 68
FIGURE 22 MAJOR BENEFITS DRIVING ADOPTION OF ASSET PERFORMANCE MANAGEMENT 68
5.2.1.3 Demand for making informed business decisions with predictive asset maintenance 69
FIGURE 23 TOP ASSET PERFORMANCE MANAGEMENT VENDORS RAPIDLY CLIMBING TO MORE MATURE LEVELS (NAME) 69
5.2.1.4 Increased digital workforce and reliability culture 70
5.2.1.5 Growing need to optimize asset performance management strategy with 360-degree view of asset performance 70
5.2.2 RESTRAINTS 71
5.2.2.1 Concerns over data security and confidentiality 71
5.2.2.2 Stringent government rules and regulations 71
5.2.3 OPPORTUNITIES 71
5.2.3.1 Requirement to extend life span of assets with help of advanced technologies 71
5.2.3.2 Growing inclination toward adoption of new approach to asset performance management with Industry 4.0 72
5.2.3.3 Rising trend of proactive asset performance management with IIoT, predictive, and prescriptive analytics 72
5.2.3.4 Adoption of digital twin solutions for asset performance management to drive better return on assets 73
5.2.3.5 Inclination of organizations toward cloud-based deployments to overcome on-premises limitations 73
5.2.4 CHALLENGES 73
5.2.4.1 Lack of skilled workforce and poor management skills 73
5.2.4.2 Difficulties with integration and implementation of asset performance management with existing applications 74
5.3 CASE STUDY ANALYSIS 74
5.3.1 CASE STUDY 1: AVEVA TO THE AID OF TATA POWER TOWARDS EFFICIENT OPERATIONS 74
5.3.2 CASE STUDY 2: REDUCING HUMAN ERROR WHILE IMPROVING RESOURCE EFFECTIVENESS 75
5.3.3 CASE STUDY 3: OVERALL ENHANCEMENT IN NOVA SCOTIA POWER’S FUNCTIONING AND ASSET MANAGEMENT, MONITORING ASSET HEALTH 75
5.4 ECOSYSTEM ANALYSIS 76
FIGURE 24 ASSET PERFORMANCE MANAGEMENT MARKET: ECOSYSTEM MAPPING 77
TABLE 3 ASSET PERFORMANCE MANAGEMENT MARKET: ROLE IN ECOSYSTEM 77
5.5 VALUE CHAIN ANALYSIS 78
FIGURE 25 ASSET PERFORMANCE MANAGEMENT MARKET: VALUE CHAIN ANALYSIS 79
5.6 TECHNOLOGY ANALYSIS 80
5.6.1 CLOUD/SOFTWARE AS A SERVICE (SAAS) 80
5.6.2 ARTIFICIAL INTELLIGENCE 81
5.6.3 MACHINE LEARNING 81
5.6.4 IOT TECHNOLOGY 81
5.6.5 AUGMENTED REALITY 82
5.7 PATENT ANALYSIS 82
FIGURE 26 NUMBER OF PATENTS PUBLISHED (2012–2023) 82
FIGURE 27 TOP PATENT OWNERS 83
TABLE 4 ASSET PERFORMANCE MANAGEMENT MARKET: TOP TEN PATENT APPLICANTS 83
TABLE 5 ASSET PERFORMANCE MANAGEMENT MARKET: LIST OF PATENTS 84
5.8 PRICING ANALYSIS 85
TABLE 6 ASSET PERFORMANCE MANAGEMENT MARKET: PRICING ANALYSIS OF VENDORS 86
5.9 PORTER’S FIVE FORCES MODEL 87
FIGURE 28 ASSET PERFORMANCE MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 87
TABLE 7 ASSET PERFORMANCE MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 88
5.9.1 THREAT OF NEW ENTRANTS 88
5.9.2 THREAT OF SUBSTITUTES 88
5.9.3 BARGAINING POWER OF SUPPLIERS 89
5.9.4 BARGAINING POWER OF BUYERS 89
5.9.5 INTENSITY OF COMPETITIVE RIVALRY 89
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA 90
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS 90
FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS 90
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS (%) 90
5.10.2 BUYING CRITERIA 91
FIGURE 30 KEY BUYING CRITERIA FOR TOP END USERS 91
TABLE 9 KEY BUYING CRITERIA FOR END USERS 91
5.11 REGULATORY LANDSCAPE 92
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
TABLE 13 REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
5.11.2 REGULATIONS 94
5.11.2.1 North America 94
5.11.2.2 Europe 94
5.11.2.3 Asia Pacific 94
5.11.2.4 Middle East and South Africa 95
5.11.2.5 Latin America 95
5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 95
FIGURE 31 TRENDS/DISRUPTIONS IMPACTING BUYERS 95
5.13 KEY CONFERENCES & EVENTS IN 2023–2024 96
TABLE 14 ASSET PERFORMANCE MANAGEMENT MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 96
6 ASSET PERFORMANCE MANAGEMENT MARKET, BY COMPONENT 97
6.1 INTRODUCTION 98
6.1.1 COMPONENT: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 98
FIGURE 32 SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 99
TABLE 15 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 99
TABLE 16 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT 2023–2028 (USD MILLION) 99
6.2 SOLUTIONS 100
FIGURE 33 PREDICTIVE ASSET MANAGEMENT SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 100
TABLE 17 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 100
TABLE 18 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 101
6.2.1 ASSET STRATEGY MANAGEMENT 101
6.2.1.1 Growing focus on gaining high return on assets to increase demand for asset strategy management solutions 101
TABLE 19 ASSET STRATEGY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 102
TABLE 20 ASSET STRATEGY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 102
6.2.2 ASSET RELIABILITY MANAGEMENT 102
6.2.2.1 Necessity of increase production, provide worker safety, and achieve on-time customer deliveries to create demand 102
TABLE 21 ASSET RELIABILITY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 103
TABLE 22 ASSET RELIABILITY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 103
6.2.3 PREDICTIVE ASSET MANAGEMENT 104
6.2.3.1 Need to maintain critical assets efficiently to drive demand in coming years 104
TABLE 23 PREDICTIVE ASSET MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 104
TABLE 24 PREDICTIVE ASSET MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 105
6.2.4 OTHER SOLUTIONS 105
TABLE 25 OTHER SOLUTIONS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 26 OTHER SOLUTIONS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 106
6.3 SERVICES 107
FIGURE 34 MANAGED SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 107
TABLE 27 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICE, 2019–2022 (USD MILLION) 107
TABLE 28 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICE, 2023–2028 (USD MILLION) 107
6.3.1 PROFESSIONAL SERVICES 108
6.3.1.1 Demand for support & maintenance services to fuel adoption of professional services 108
FIGURE 35 IMPLEMENTATION & INTEGRATION SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 108
TABLE 29 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2019–2022 (USD MILLION) 108
TABLE 30 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 109
TABLE 31 PROFESSIONAL SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 32 PROFESSIONAL SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 109
6.3.1.2 Implementation & integration 110
TABLE 33 IMPLEMENTATION & INTEGRATION: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 34 IMPLEMENTATION & INTEGRATION: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 110
6.3.1.3 Consulting 111
TABLE 35 CONSULTING: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 111
TABLE 36 CONSULTING: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 111
6.3.1.4 Support & maintenance 112
TABLE 37 SUPPORT & MAINTENANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 112
TABLE 38 SUPPORT & MAINTENANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 112
6.3.2 MANAGED SERVICES 113
6.3.2.1 Better cost control, improved risk management, and high organizational availability to increase adoption 113
TABLE 39 MANAGED SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 40 MANAGED SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 113
7 ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE 114
7.1 INTRODUCTION 115
7.1.1 ORGANIZATION SIZE: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 115
FIGURE 36 SMALL & MEDIUM-SIZED ENTERPRISES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 116
TABLE 41 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 116
TABLE 42 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 116
7.2 LARGE ENTERPRISES 117
7.2.1 NORTH AMERICA TO DOMINATE ASSET PERFORMANCE MANAGEMENT MARKET IN LARGE ENTERPRISES 117
TABLE 43 LARGE ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 44 LARGE ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 117
7.3 SMALL & MEDIUM-SIZED ENTERPRISES 118
7.3.1 ASIA PACIFIC TO WITNESS HIGHEST GROWTH IN ADOPTION OF ASSET PERFORMANCE MANAGEMENT AMONG SMES 118
TABLE 45 SMALL & MEDIUM-SIZED ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 46 SMALL & MEDIUM-SIZED ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 118
8 ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE 119
8.1 INTRODUCTION 120
8.1.1 DEPLOYMENT TYPES: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 120
FIGURE 37 CLOUD SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 121
TABLE 47 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 121
TABLE 48 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 121
8.2 ON-PREMISES 122
8.2.1 COMPANIES WITH LARGE BUDGETS AND TEAMS TO DRIVE ADOPTION OF ON-PREMISES DEPLOYMENT 122
TABLE 49 ON-PREMISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 122
TABLE 50 ON-PREMISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 122
8.3 CLOUD 123
8.3.1 COST-EFFECTIVENESS, EASY ACCESS, AND SCALABILITY TO BOOST DEMAND FOR CLOUD-BASED SOLUTIONS 123
TABLE 51 CLOUD: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 123
TABLE 52 CLOUD: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 123
9 ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL 124
9.1 INTRODUCTION 125
9.1.1 VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 125
FIGURE 38 CHEMICALS SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 126
TABLE 53 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 126
TABLE 54 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 127
9.2 ENERGY & UTILITIES 127
9.2.1 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR ASSET PERFORMANCE MANAGEMENT IN ENERGY & UTILITIES SEGMENT 127
TABLE 55 ENERGY & UTILITIES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 128
TABLE 56 ENERGY & UTILITIES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 128
9.3 MANUFACTURING 128
9.3.1 RAPID DIGITAL TRANSFORMATION AND DEPLOYMENT OF AI AND IIOT TO ACCELERATE ADOPTION OF ASSET PERFORMANCE MANAGEMENT 128
TABLE 57 MANUFACTURING: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 129
TABLE 58 MANUFACTURING: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 129
9.4 GOVERNMENT & DEFENSE 129
9.4.1 NEED TO MANAGE AND TRACK LARGE FLEET OF ASSETS IN REAL-TIME AND REDUCE MISSION ASSET DOWNTIME TO BOOST DEMAND 129
TABLE 59 GOVERNMENT & DEFENSE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 130
TABLE 60 GOVERNMENT & DEFENSE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 130
9.5 CHEMICALS 130
9.5.1 HIGH MAINTENANCE AND REPAIR COSTS OF ASSETS AROUND HAZARDOUS CHEMICAL INVENTORY TO DRIVE ADOPTION 130
TABLE 61 CHEMICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 131
TABLE 62 CHEMICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 131
9.6 TELECOMMUNICATIONS 131
9.6.1 ABILITY TO VISUALIZE COMPLEX NETWORKS AND OPTIMIZE ASSET OPERATIONS TO DRIVE MARKET 131
TABLE 63 TELECOMMUNICATIONS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 64 TELECOMMUNICATIONS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 132
9.7 HEALTHCARE & PHARMACEUTICALS 132
9.7.1 GROWING NEED FOR LEVERAGING ASSET DATA TO REDUCE HEALTH EQUIPMENT DOWNTIME TO SUPPORT MARKET GROWTH 132
TABLE 65 HEALTHCARE & PHARMACEUTICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 66 HEALTHCARE & PHARMACEUTICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 133
9.8 CONSUMER GOODS, FOOD & BEVERAGES 134
9.8.1 NEED FOR OPTIMIZATION OF SUPPLY CHAIN TO ACCELERATE ADOPTION OF ASSET PERFORMANCE MANAGEMENT SOLUTIONS 134
TABLE 67 CONSUMER GOODS, FOOD & BEVERAGES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 134
TABLE 68 CONSUMER GOODS, FOOD & BEVERAGES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 134
9.9 OTHER VERTICALS 135
TABLE 69 OTHER VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 70 OTHER VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 135
10 ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION 136
10.1 INTRODUCTION 137
FIGURE 39 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 137
TABLE 71 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 137
TABLE 72 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 138
10.2 NORTH AMERICA 138
10.2.1 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 138
10.2.2 NORTH AMERICA: RECESSION IMPACT 139
FIGURE 40 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SNAPSHOT 140
TABLE 73 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 140
TABLE 74 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 141
TABLE 75 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 141
TABLE 76 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 141
TABLE 77 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 142
TABLE 78 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 142
TABLE 79 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 142
TABLE 80 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 142
TABLE 81 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 143
TABLE 82 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 143
TABLE 83 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 143
TABLE 84 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 143
TABLE 85 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 144
TABLE 86 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 144
TABLE 87 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 144
TABLE 88 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 145
10.2.3 US 145
10.2.3.1 Rising adoption of advanced digital technologies to drive market for asset performance management 145
TABLE 89 US: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 145
TABLE 90 US: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 146
TABLE 91 US: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 146
TABLE 92 US: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 146
10.2.4 CANADA 146
10.2.4.1 Rising adoption of cloud across asset-centric organizations to boost market 146
TABLE 93 CANADA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 147
TABLE 94 CANADA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 147
TABLE 95 CANADA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 147
TABLE 96 CANADA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 147
10.3 EUROPE 148
10.3.1 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 148
10.3.2 EUROPE: RECESSION IMPACT 149
TABLE 97 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 149
TABLE 98 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 149
TABLE 99 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 150
TABLE 100 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 150
TABLE 101 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 150
TABLE 102 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 150
TABLE 103 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 151
TABLE 104 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 151
TABLE 105 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 151
TABLE 106 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 151
TABLE 107 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 152
TABLE 108 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 152
TABLE 109 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 152
TABLE 110 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 153
TABLE 111 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 153
TABLE 112 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 153
10.3.3 UK 154
10.3.3.1 Increasing demand for robust solutions to enhance organizational performance to fuel market 154
TABLE 113 UK: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 154
TABLE 114 UK: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 154
TABLE 115 UK: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 154
TABLE 116 UK: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 155
10.3.4 GERMANY 155
10.3.4.1 Growing need to streamline maintenance operations to create demand for asset performance management 155
TABLE 117 GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 155
TABLE 118 GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 155
TABLE 119 GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 156
TABLE 120 GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 156
10.3.5 FRANCE 156
10.3.5.1 Availability of highly skilled asset performance management professionals contributing to market growth 156
TABLE 121 FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 156
TABLE 122 FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 157
TABLE 123 FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 157
TABLE 124 FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 157
10.3.6 REST OF EUROPE 157
TABLE 125 REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 158
TABLE 126 REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 158
TABLE 127 REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 158
TABLE 128 REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 158
10.4 ASIA PACIFIC 159
10.4.1 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 159
10.4.2 ASIA PACIFIC: RECESSION IMPACT 160
FIGURE 41 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SNAPSHOT 161
TABLE 129 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 161
TABLE 130 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 162
TABLE 131 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 162
TABLE 132 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 162
TABLE 133 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 162
TABLE 134 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 163
TABLE 135 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 163
TABLE 136 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 163
TABLE 137 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 163
TABLE 138 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 164
TABLE 139 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 164
TABLE 140 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 164
TABLE 141 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 164
TABLE 142 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 165
TABLE 143 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 165
TABLE 144 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 165
10.4.3 CHINA 166
10.4.3.1 Increased adoption of new technologies, such as IIoT, mobile, and cloud, to drive demand 166
TABLE 145 CHINA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 166
TABLE 146 CHINA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 166
TABLE 147 CHINA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 166
TABLE 148 CHINA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 167
10.4.4 JAPAN 167
10.4.4.1 Shift toward digital transformation and focus on lowering TCO to fuel market growth 167
TABLE 149 JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 167
TABLE 150 JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 168
TABLE 151 JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 168
TABLE 152 JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 168
10.4.5 INDIA 168
10.4.5.1 Ongoing digital transformation and adoption of Industry 4.0 technologies to boost demand 168
TABLE 153 INDIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 169
TABLE 154 INDIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 169
TABLE 155 INDIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 169
TABLE 156 INDIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 169
10.4.6 REST OF ASIA PACIFIC 170
TABLE 157 REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 170
TABLE 158 REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 170
TABLE 159 REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 170
TABLE 160 REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 171
10.5 MIDDLE EAST & AFRICA 171
10.5.1 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 171
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 172
TABLE 161 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 172
TABLE 162 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 172
TABLE 163 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 173
TABLE 164 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 173
TABLE 165 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 173
TABLE 166 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 173
TABLE 167 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 174
TABLE 168 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 174
TABLE 169 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 174
TABLE 170 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 174
TABLE 171 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 175
TABLE 172 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 175
TABLE 173 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 175
TABLE 174 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 176
TABLE 175 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 176
TABLE 176 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 176
10.5.3 SAUDI ARABIA 177
10.5.3.1 Stringent regulatory framework and compliance standards to boost growth of asset performance management market 177
TABLE 177 SAUDI ARABIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 177
TABLE 178 SAUDI ARABIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 177
TABLE 179 SAUDI ARABIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 177
TABLE 180 SAUDI ARABIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 178
10.5.4 UAE 178
10.5.4.1 Rising need for predictive and prescriptive analytics to drive asset performance management market 178
TABLE 181 UAE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 178
TABLE 182 UAE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 178
TABLE 183 UAE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 179
TABLE 184 UAE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 179
10.5.5 SOUTH AFRICA 179
10.5.5.1 Large untapped market to offer opportunities for asset performance management companies 179
TABLE 185 SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 179
TABLE 186 SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 180
TABLE 187 SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 180
TABLE 188 SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 180
10.5.6 REST OF MIDDLE EAST & AFRICA 180
TABLE 189 REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 181
TABLE 190 REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 181
TABLE 191 REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 181
TABLE 192 REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 181
10.6 LATIN AMERICA 182
10.6.1 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 182
10.6.2 LATIN AMERICA: RECESSION IMPACT 182
TABLE 193 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 183
TABLE 194 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 183
TABLE 195 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 183
TABLE 196 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 184
TABLE 197 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 184
TABLE 198 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 184
TABLE 199 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 184
TABLE 200 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 185
TABLE 201 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 185
TABLE 202 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 185
TABLE 203 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 185
TABLE 204 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 186
TABLE 205 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 186
TABLE 206 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 186
TABLE 207 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 187
TABLE 208 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 187
10.6.3 BRAZIL 187
10.6.3.1 Rapid digital transformation initiatives to support adoption of asset performance management solutions 187
TABLE 209 BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 187
TABLE 210 BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 188
TABLE 211 BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 188
TABLE 212 BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 188
10.6.4 MEXICO 188
10.6.4.1 Oil & gas and energy & utilities industries to drive asset performance management market 188
TABLE 213 MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 189
TABLE 214 MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 189
TABLE 215 MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 189
TABLE 216 MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 189
10.6.5 REST OF LATIN AMERICA 190
TABLE 217 REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 190
TABLE 218 REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 190
TABLE 219 REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 190
TABLE 220 REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 191
11 COMPETITIVE LANDSCAPE 192
11.1 INTRODUCTION 192
11.2 MARKET SHARE OF TOP VENDORS 192
TABLE 221 ASSET PERFORMANCE MANAGEMENT: DEGREE OF COMPETITION 192
FIGURE 42 MARKET SHARE ANALYSIS OF COMPANIES IN ASSET PERFORMANCE MANAGEMENT MARKET 193
11.3 KEY PLAYER STRATEGIES 194
11.3.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY ASSET PERFORMANCE MANAGEMENT VENDORS 194
11.4 HISTORICAL REVENUE ANALYSIS OF TOP VENDORS 195
FIGURE 43 HISTORICAL THREE-YEAR REVENUE ANALYSIS OF LEADING PLAYERS IN ASSET PERFORMANCE MANAGEMENT MARKET, 2020–2022 196
11.5 VENDOR PRODUCTS/BRANDS COMPARISON 196
TABLE 222 VENDOR PRODUCTS/BRANDS COMPARISON 196
11.6 COMPANY EVALUATION QUADRANT, 2022 197
11.6.1 DEFINITIONS AND METHODOLOGY 197
FIGURE 44 COMPANY EVALUATION QUADRANT: CRITERIA WEIGHTAGE 198
11.6.2 STARS 198
11.6.3 EMERGING LEADERS 198
11.6.4 PERVASIVE PLAYERS 199
11.6.5 PARTICIPANTS 199
FIGURE 45 ASSET PERFORMANCE MANAGEMENT MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022 199
TABLE 223 ASSET PERFORMANCE MANAGEMENT MARKET: COMPANY FOOTPRINT 200
11.7 SMES/STARTUP EVALUATION QUADRANT 201
11.7.1 DEFINITIONS AND METHODOLOGY 201
FIGURE 46 STARTUP/SME EVALUATION MATRIX: CRITERIA WEIGHTAGE 201
11.7.2 PROGRESSIVE COMPANIES 201
11.7.3 RESPONSIVE COMPANIES 201
11.7.4 DYNAMIC COMPANIES 201
11.7.5 STARTING BLOCKS 202
FIGURE 47 ASSET PERFORMANCE MANAGEMENT MARKET (GLOBAL): STARTUP/SME EVALUATION MATRIX, 2022 202
11.7.6 COMPETITIVE BENCHMARKING 203
TABLE 224 ASSET PERFORMANCE MANAGEMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES 203
TABLE 225 ASSET PERFORMANCE MANAGEMENT MARKET: STARTUP/SME FOOTPRINT 204
11.8 KEY MARKET DEVELOPMENTS 205
TABLE 226 ASSET PERFORMANCE MANAGEMENT MARKET: NEW LAUNCHES, JANUARY 2020–JULY 2023 205
TABLE 227 ASSET PERFORMANCE MANAGEMENT MARKET: DEALS, JANUARY 2020–JULY 2023 208
12 COMPANY PROFILES 215
12.1 MAJOR PLAYERS 215
(Business Overview, Products/Solutions offered, Recent Developments, MnM View)*
12.1.1 AVEVA 215
TABLE 228 AVEVA: COMPANY OVERVIEW 215
FIGURE 48 AVEVA: COMPANY SNAPSHOT 216
TABLE 229 AVEVA: PRODUCT AND SOLUTION OFFERINGS 216
TABLE 230 AVEVA: NEW LAUNCHES 217
TABLE 231 AVEVA: DEALS 219
12.1.2 SAP 221
TABLE 232 SAP: COMPANY OVERVIEW 221
FIGURE 49 SAP: COMPANY SNAPSHOT 222
TABLE 233 SAP: PRODUCT OFFERINGS 222
TABLE 234 SAP: NEW LAUNCHES 223
TABLE 235 SAP: DEALS 223
12.1.3 GE DIGITAL 225
TABLE 236 GE DIGITAL: COMPANY OVERVIEW 225
FIGURE 50 GENERAL ELECTRIC: COMPANY SNAPSHOT 226
TABLE 237 GE DIGITAL: PRODUCT OFFERINGS 226
TABLE 238 GE DIGITAL: NEW LAUNCHES 227
TABLE 239 GE DIGITAL: DEALS 228
12.1.4 IBM 229
TABLE 240 IBM: COMPANY OVERVIEW 229
FIGURE 51 IBM: COMPANY SNAPSHOT 230
TABLE 241 IBM: PRODUCT AND SOLUTION OFFERINGS 230
TABLE 242 IBM: NEW LAUNCHES 231
TABLE 243 IBM: DEALS 231
12.1.5 ABB 233
TABLE 244 ABB: COMPANY OVERVIEW 233
FIGURE 52 ABB: COMPANY SNAPSHOT 234
TABLE 245 ABB: PRODUCT AND SOLUTION OFFERINGS 234
TABLE 246 ABB: NEW LAUNCHES 235
TABLE 247 ABB: DEALS 235
12.1.6 BENTLEY SYSTEMS 237
TABLE 248 BENTLEY SYSTEMS: COMPANY OVERVIEW 237
FIGURE 53 BENTLEY SYSTEMS: COMPANY SNAPSHOT 238
TABLE 249 BENTLEY SYSTEMS: PRODUCT AND SERVICE OFFERINGS 238
TABLE 250 BENTLEY SYSTEMS: NEW LAUNCHES 239
TABLE 251 BENTLEY SYSTEMS: DEALS 239
12.1.7 EMERSON 241
TABLE 252 EMERSON: COMPANY OVERVIEW 241
FIGURE 54 EMERSON: COMPANY SNAPSHOT 242
TABLE 253 EMERSON: PRODUCT, SERVICE, AND SOLUTION OFFERINGS 242
TABLE 254 EMERSON: NEW LAUNCHES 243
TABLE 255 EMERSON: DEALS 243
12.1.8 FLUKE 244
TABLE 256 FLUKE: COMPANY OVERVIEW 244
TABLE 257 FLUKE: PRODUCT AND SOLUTION OFFERINGS 244
12.1.9 ROCKWELL AUTOMATION 245
TABLE 258 ROCKWELL AUTOMATION: COMPANY OVERVIEW 245
FIGURE 55 ROCKWELL AUTOMATION: COMPANY SNAPSHOT 246
TABLE 259 ROCKWELL AUTOMATION: PRODUCT AND SOLUTION OFFERINGS 246
TABLE 260 ROCKWELL AUTOMATION: NEW LAUNCHES 247
TABLE 261 ROCKWELL AUTOMATION: DEALS 247
12.1.10 DNV 248
TABLE 262 DNV: COMPANY OVERVIEW 248
FIGURE 56 DNV: COMPANY SNAPSHOT 249
TABLE 263 DNV: PRODUCT AND SOLUTION OFFERINGS 249
12.2 OTHER PLAYERS 250
12.2.1 SIEMENS ENERGY 250
12.2.2 HEXAGON 251
12.2.3 SAS 252
12.2.4 ARMS RELIABILITY 253
12.2.5 NEXUS GLOBAL 254
12.2.6 SYNOPSYS 255
12.2.7 DETECHTION TECHNOLOGIES 256
12.2.8 ORACLE 257
12.2.9 YOKOGAWA 258
12.2.10 HONEYWELL 259
12.2.11 PROMETHEUS GROUP 260
12.2.12 OPERATIONAL SUSTAINABILITY 261
12.2.13 IPS INTELLIGENT PROCESS SOLUTIONS 262
12.2.14 PLASMA 263
12.2.15 UPKEEP 264
12.2.16 FRACTTAL 264
12.2.17 MICROAI [FORMER ONE TECH] 265
12.2.18 METORAPM 266
12.2.19 VROC 266
12.2.20 QUALER 267
12.2.21 MAINTAINX 267
*Details on Business Overview, Products/Solutions offered, Recent Developments, MnM View might not be captured in case of unlisted companies
13 ADJACENT AND RELATED MARKETS 268
13.1 INTRODUCTION 268
13.1.1 RELATED MARKETS 268
13.2 DIGITAL ASSET MANAGEMENT MARKET 268
TABLE 264 DIGITAL ASSET MANAGEMENT MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 268
TABLE 265 DIGITAL ASSET MANAGEMENT MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 269
TABLE 266 DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION, 2019–2022 (USD MILLION) 269
TABLE 267 DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 269
TABLE 268 DIGITAL ASSET MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 270
TABLE 269 DIGITAL ASSET MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 270
TABLE 270 DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 270
TABLE 271 DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 270
TABLE 272 DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 271
TABLE 273 DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 271
TABLE 274 DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2019–2022 (USD MILLION) 272
TABLE 275 DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 272
13.3 ENTERPRISE ASSET MANAGEMENT MARKET 272
TABLE 276 ENTERPRISE ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 273
TABLE 277 ENTERPRISE ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 273
TABLE 278 ENTERPRISE ASSET MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 273
TABLE 279 ENTERPRISE ASSET MANAGEMENT MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION) 274
TABLE 280 ENTERPRISE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2018–2021 (USD MILLION) 274
TABLE 281 ENTERPRISE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2022–2027 (USD MILLION) 274
TABLE 282 ENTERPRISE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 275
TABLE 283 ENTERPRISE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 275
TABLE 284 ENTERPRISE ASSET MANAGEMENT MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 275
TABLE 285 ENTERPRISE ASSET MANAGEMENT MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 276
TABLE 286 ENTERPRISE ASSET MANAGEMENT MARKET, BY REGION, 2018–2021 (USD MILLION) 276
TABLE 287 ENTERPRISE ASSET MANAGEMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 276
14 APPENDIX 277
14.1 DISCUSSION GUIDE 277
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 283
14.3 CUSTOMIZATION OPTIONS 285
14.4 RELATED REPORTS 285
14.5 AUTHOR DETAILS 286
1.1 STUDY OBJECTIVES 40
1.2 MARKET DEFINITION 40
1.2.1 INCLUSIONS AND EXCLUSIONS 41
1.3 MARKET SCOPE 42
1.3.1 MARKET SEGMENTATION 42
1.3.2 REGIONS COVERED 42
1.3.3 YEARS CONSIDERED 43
1.4 CURRENCY 43
TABLE 1 USD EXCHANGE RATE, 2015–2022 43
1.5 STAKEHOLDERS 44
1.6 SUMMARY OF CHANGES 44
2 RESEARCH METHODOLOGY 45
2.1 RESEARCH DATA 45
FIGURE 1 ASSET PERFORMANCE MANAGEMENT MARKET: RESEARCH DESIGN 46
2.1.1 SECONDARY DATA 47
2.1.2 PRIMARY DATA 47
2.1.2.1 Breakup of primary profiles 48
FIGURE 2 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 48
2.1.2.2 Key industry insights 48
2.2 DATA TRIANGULATION 49
2.3 MARKET SIZE ESTIMATION 50
FIGURE 3 ASSET PERFORMANCE MANAGEMENT MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 50
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (TOP-DOWN): REVENUE OF VENDORS OFFERING ASSET PERFORMANCE MANAGEMENT SOLUTIONS AND SERVICES 51
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 2 (BOTTOM-UP): REVENUE OF VENDORS OFFERING ASSET PERFORMANCE MANAGEMENT SOLUTIONS AND SERVICES 52
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3 (DEMAND SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF ASSET PERFORMANCE MANAGEMENT MARKET 52
FIGURE 7 MARKET SIZE SIZING METHODOLOGY—SUPPLY SIDE: ILLUSTRATION OF VENDOR REVENUE ESTIMATION 53
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY—SUPPLY SIDE: CAGR PROJECTIONS FROM SUPPLY SIDE 53
2.4 MARKET FORECAST 54
TABLE 2 ASSET PERFORMANCE MANAGEMENT MARKET: FACTOR ANALYSIS 54
2.5 RESEARCH ASSUMPTIONS 55
2.6 LIMITATIONS 56
3 EXECUTIVE SUMMARY 57
3.1 RECESSION IMPACT 57
FIGURE 9 ASSET PERFORMANCE MANAGEMENT MARKET SNAPSHOT, 2019–2028 58
FIGURE 10 HIGH-GROWTH SEGMENTS IN ASSET PERFORMANCE MANAGEMENT MARKET 59
FIGURE 11 ASSET STRATEGY MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 59
FIGURE 12 ON-PREMISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD 60
FIGURE 13 TOP END USERS OF ASSET PERFORMANCE MANAGEMENT 61
FIGURE 14 ASSET PERFORMANCE MANAGEMENT MARKET: REGIONAL SNAPSHOT 62
4 PREMIUM INSIGHTS 63
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN ASSET PERFORMANCE MANAGEMENT MARKET 63
FIGURE 15 NEED FOR SIMPLIFYING INFORMATION TECHNOLOGY OPERATIONS WORKFLOW TO DRIVE ADOPTION 63
4.2 ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION (2023 VS. 2028) 63
FIGURE 16 ASSET STRATEGY MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 63
4.3 ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE 64
FIGURE 17 ON-PREMISES SEGMENT ACCOUNTS FOR MAJOR SHARE OF MARKET IN 2023 64
4.4 ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE 64
FIGURE 18 LARGE ENTERPRISES SEGMENT ACCOUNTS FOR DOMINANT MARKET SHARE IN 2023 64
4.5 ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL (2023 VS. 2028) 65
FIGURE 19 ENERGY & UTILITIES VERTICAL TO BE LARGEST END USER DURING FORECAST PERIOD 65
4.6 ASSET PERFORMANCE MANAGEMENT MARKET: REGIONAL SCENARIO, 2023–2028 65
FIGURE 20 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 65
5 MARKET OVERVIEW AND INDUSTRY TRENDS 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 21 ASSET PERFORMANCE MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 67
5.2.1 DRIVERS 67
5.2.1.1 Need to meet regulatory compliance and reporting standards across asset-centric organizations 67
5.2.1.2 Growing need to manage assets efficiency and sustainability and optimize total cost of ownership 68
FIGURE 22 MAJOR BENEFITS DRIVING ADOPTION OF ASSET PERFORMANCE MANAGEMENT 68
5.2.1.3 Demand for making informed business decisions with predictive asset maintenance 69
FIGURE 23 TOP ASSET PERFORMANCE MANAGEMENT VENDORS RAPIDLY CLIMBING TO MORE MATURE LEVELS (NAME) 69
5.2.1.4 Increased digital workforce and reliability culture 70
5.2.1.5 Growing need to optimize asset performance management strategy with 360-degree view of asset performance 70
5.2.2 RESTRAINTS 71
5.2.2.1 Concerns over data security and confidentiality 71
5.2.2.2 Stringent government rules and regulations 71
5.2.3 OPPORTUNITIES 71
5.2.3.1 Requirement to extend life span of assets with help of advanced technologies 71
5.2.3.2 Growing inclination toward adoption of new approach to asset performance management with Industry 4.0 72
5.2.3.3 Rising trend of proactive asset performance management with IIoT, predictive, and prescriptive analytics 72
5.2.3.4 Adoption of digital twin solutions for asset performance management to drive better return on assets 73
5.2.3.5 Inclination of organizations toward cloud-based deployments to overcome on-premises limitations 73
5.2.4 CHALLENGES 73
5.2.4.1 Lack of skilled workforce and poor management skills 73
5.2.4.2 Difficulties with integration and implementation of asset performance management with existing applications 74
5.3 CASE STUDY ANALYSIS 74
5.3.1 CASE STUDY 1: AVEVA TO THE AID OF TATA POWER TOWARDS EFFICIENT OPERATIONS 74
5.3.2 CASE STUDY 2: REDUCING HUMAN ERROR WHILE IMPROVING RESOURCE EFFECTIVENESS 75
5.3.3 CASE STUDY 3: OVERALL ENHANCEMENT IN NOVA SCOTIA POWER’S FUNCTIONING AND ASSET MANAGEMENT, MONITORING ASSET HEALTH 75
5.4 ECOSYSTEM ANALYSIS 76
FIGURE 24 ASSET PERFORMANCE MANAGEMENT MARKET: ECOSYSTEM MAPPING 77
TABLE 3 ASSET PERFORMANCE MANAGEMENT MARKET: ROLE IN ECOSYSTEM 77
5.5 VALUE CHAIN ANALYSIS 78
FIGURE 25 ASSET PERFORMANCE MANAGEMENT MARKET: VALUE CHAIN ANALYSIS 79
5.6 TECHNOLOGY ANALYSIS 80
5.6.1 CLOUD/SOFTWARE AS A SERVICE (SAAS) 80
5.6.2 ARTIFICIAL INTELLIGENCE 81
5.6.3 MACHINE LEARNING 81
5.6.4 IOT TECHNOLOGY 81
5.6.5 AUGMENTED REALITY 82
5.7 PATENT ANALYSIS 82
FIGURE 26 NUMBER OF PATENTS PUBLISHED (2012–2023) 82
FIGURE 27 TOP PATENT OWNERS 83
TABLE 4 ASSET PERFORMANCE MANAGEMENT MARKET: TOP TEN PATENT APPLICANTS 83
TABLE 5 ASSET PERFORMANCE MANAGEMENT MARKET: LIST OF PATENTS 84
5.8 PRICING ANALYSIS 85
TABLE 6 ASSET PERFORMANCE MANAGEMENT MARKET: PRICING ANALYSIS OF VENDORS 86
5.9 PORTER’S FIVE FORCES MODEL 87
FIGURE 28 ASSET PERFORMANCE MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 87
TABLE 7 ASSET PERFORMANCE MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 88
5.9.1 THREAT OF NEW ENTRANTS 88
5.9.2 THREAT OF SUBSTITUTES 88
5.9.3 BARGAINING POWER OF SUPPLIERS 89
5.9.4 BARGAINING POWER OF BUYERS 89
5.9.5 INTENSITY OF COMPETITIVE RIVALRY 89
5.10 KEY STAKEHOLDERS AND BUYING CRITERIA 90
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS 90
FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS 90
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS (%) 90
5.10.2 BUYING CRITERIA 91
FIGURE 30 KEY BUYING CRITERIA FOR TOP END USERS 91
TABLE 9 KEY BUYING CRITERIA FOR END USERS 91
5.11 REGULATORY LANDSCAPE 92
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
TABLE 13 REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
5.11.2 REGULATIONS 94
5.11.2.1 North America 94
5.11.2.2 Europe 94
5.11.2.3 Asia Pacific 94
5.11.2.4 Middle East and South Africa 95
5.11.2.5 Latin America 95
5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 95
FIGURE 31 TRENDS/DISRUPTIONS IMPACTING BUYERS 95
5.13 KEY CONFERENCES & EVENTS IN 2023–2024 96
TABLE 14 ASSET PERFORMANCE MANAGEMENT MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 96
6 ASSET PERFORMANCE MANAGEMENT MARKET, BY COMPONENT 97
6.1 INTRODUCTION 98
6.1.1 COMPONENT: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 98
FIGURE 32 SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 99
TABLE 15 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 99
TABLE 16 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT 2023–2028 (USD MILLION) 99
6.2 SOLUTIONS 100
FIGURE 33 PREDICTIVE ASSET MANAGEMENT SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 100
TABLE 17 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 100
TABLE 18 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 101
6.2.1 ASSET STRATEGY MANAGEMENT 101
6.2.1.1 Growing focus on gaining high return on assets to increase demand for asset strategy management solutions 101
TABLE 19 ASSET STRATEGY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 102
TABLE 20 ASSET STRATEGY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 102
6.2.2 ASSET RELIABILITY MANAGEMENT 102
6.2.2.1 Necessity of increase production, provide worker safety, and achieve on-time customer deliveries to create demand 102
TABLE 21 ASSET RELIABILITY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 103
TABLE 22 ASSET RELIABILITY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 103
6.2.3 PREDICTIVE ASSET MANAGEMENT 104
6.2.3.1 Need to maintain critical assets efficiently to drive demand in coming years 104
TABLE 23 PREDICTIVE ASSET MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 104
TABLE 24 PREDICTIVE ASSET MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 105
6.2.4 OTHER SOLUTIONS 105
TABLE 25 OTHER SOLUTIONS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 26 OTHER SOLUTIONS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 106
6.3 SERVICES 107
FIGURE 34 MANAGED SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 107
TABLE 27 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICE, 2019–2022 (USD MILLION) 107
TABLE 28 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICE, 2023–2028 (USD MILLION) 107
6.3.1 PROFESSIONAL SERVICES 108
6.3.1.1 Demand for support & maintenance services to fuel adoption of professional services 108
FIGURE 35 IMPLEMENTATION & INTEGRATION SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 108
TABLE 29 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2019–2022 (USD MILLION) 108
TABLE 30 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION) 109
TABLE 31 PROFESSIONAL SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 32 PROFESSIONAL SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 109
6.3.1.2 Implementation & integration 110
TABLE 33 IMPLEMENTATION & INTEGRATION: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 34 IMPLEMENTATION & INTEGRATION: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 110
6.3.1.3 Consulting 111
TABLE 35 CONSULTING: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 111
TABLE 36 CONSULTING: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 111
6.3.1.4 Support & maintenance 112
TABLE 37 SUPPORT & MAINTENANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 112
TABLE 38 SUPPORT & MAINTENANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 112
6.3.2 MANAGED SERVICES 113
6.3.2.1 Better cost control, improved risk management, and high organizational availability to increase adoption 113
TABLE 39 MANAGED SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 40 MANAGED SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 113
7 ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE 114
7.1 INTRODUCTION 115
7.1.1 ORGANIZATION SIZE: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 115
FIGURE 36 SMALL & MEDIUM-SIZED ENTERPRISES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 116
TABLE 41 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 116
TABLE 42 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 116
7.2 LARGE ENTERPRISES 117
7.2.1 NORTH AMERICA TO DOMINATE ASSET PERFORMANCE MANAGEMENT MARKET IN LARGE ENTERPRISES 117
TABLE 43 LARGE ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 44 LARGE ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 117
7.3 SMALL & MEDIUM-SIZED ENTERPRISES 118
7.3.1 ASIA PACIFIC TO WITNESS HIGHEST GROWTH IN ADOPTION OF ASSET PERFORMANCE MANAGEMENT AMONG SMES 118
TABLE 45 SMALL & MEDIUM-SIZED ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 46 SMALL & MEDIUM-SIZED ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 118
8 ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE 119
8.1 INTRODUCTION 120
8.1.1 DEPLOYMENT TYPES: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 120
FIGURE 37 CLOUD SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 121
TABLE 47 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 121
TABLE 48 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 121
8.2 ON-PREMISES 122
8.2.1 COMPANIES WITH LARGE BUDGETS AND TEAMS TO DRIVE ADOPTION OF ON-PREMISES DEPLOYMENT 122
TABLE 49 ON-PREMISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 122
TABLE 50 ON-PREMISES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 122
8.3 CLOUD 123
8.3.1 COST-EFFECTIVENESS, EASY ACCESS, AND SCALABILITY TO BOOST DEMAND FOR CLOUD-BASED SOLUTIONS 123
TABLE 51 CLOUD: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 123
TABLE 52 CLOUD: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 123
9 ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL 124
9.1 INTRODUCTION 125
9.1.1 VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 125
FIGURE 38 CHEMICALS SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 126
TABLE 53 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 126
TABLE 54 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 127
9.2 ENERGY & UTILITIES 127
9.2.1 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR ASSET PERFORMANCE MANAGEMENT IN ENERGY & UTILITIES SEGMENT 127
TABLE 55 ENERGY & UTILITIES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 128
TABLE 56 ENERGY & UTILITIES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 128
9.3 MANUFACTURING 128
9.3.1 RAPID DIGITAL TRANSFORMATION AND DEPLOYMENT OF AI AND IIOT TO ACCELERATE ADOPTION OF ASSET PERFORMANCE MANAGEMENT 128
TABLE 57 MANUFACTURING: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 129
TABLE 58 MANUFACTURING: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 129
9.4 GOVERNMENT & DEFENSE 129
9.4.1 NEED TO MANAGE AND TRACK LARGE FLEET OF ASSETS IN REAL-TIME AND REDUCE MISSION ASSET DOWNTIME TO BOOST DEMAND 129
TABLE 59 GOVERNMENT & DEFENSE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 130
TABLE 60 GOVERNMENT & DEFENSE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 130
9.5 CHEMICALS 130
9.5.1 HIGH MAINTENANCE AND REPAIR COSTS OF ASSETS AROUND HAZARDOUS CHEMICAL INVENTORY TO DRIVE ADOPTION 130
TABLE 61 CHEMICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 131
TABLE 62 CHEMICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 131
9.6 TELECOMMUNICATIONS 131
9.6.1 ABILITY TO VISUALIZE COMPLEX NETWORKS AND OPTIMIZE ASSET OPERATIONS TO DRIVE MARKET 131
TABLE 63 TELECOMMUNICATIONS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 64 TELECOMMUNICATIONS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 132
9.7 HEALTHCARE & PHARMACEUTICALS 132
9.7.1 GROWING NEED FOR LEVERAGING ASSET DATA TO REDUCE HEALTH EQUIPMENT DOWNTIME TO SUPPORT MARKET GROWTH 132
TABLE 65 HEALTHCARE & PHARMACEUTICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 66 HEALTHCARE & PHARMACEUTICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 133
9.8 CONSUMER GOODS, FOOD & BEVERAGES 134
9.8.1 NEED FOR OPTIMIZATION OF SUPPLY CHAIN TO ACCELERATE ADOPTION OF ASSET PERFORMANCE MANAGEMENT SOLUTIONS 134
TABLE 67 CONSUMER GOODS, FOOD & BEVERAGES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 134
TABLE 68 CONSUMER GOODS, FOOD & BEVERAGES: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 134
9.9 OTHER VERTICALS 135
TABLE 69 OTHER VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 70 OTHER VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 135
10 ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION 136
10.1 INTRODUCTION 137
FIGURE 39 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 137
TABLE 71 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2019–2022 (USD MILLION) 137
TABLE 72 ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION) 138
10.2 NORTH AMERICA 138
10.2.1 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 138
10.2.2 NORTH AMERICA: RECESSION IMPACT 139
FIGURE 40 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SNAPSHOT 140
TABLE 73 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 140
TABLE 74 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 141
TABLE 75 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 141
TABLE 76 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 141
TABLE 77 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 142
TABLE 78 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 142
TABLE 79 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 142
TABLE 80 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 142
TABLE 81 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 143
TABLE 82 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 143
TABLE 83 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 143
TABLE 84 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 143
TABLE 85 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 144
TABLE 86 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 144
TABLE 87 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 144
TABLE 88 NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 145
10.2.3 US 145
10.2.3.1 Rising adoption of advanced digital technologies to drive market for asset performance management 145
TABLE 89 US: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 145
TABLE 90 US: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 146
TABLE 91 US: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 146
TABLE 92 US: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 146
10.2.4 CANADA 146
10.2.4.1 Rising adoption of cloud across asset-centric organizations to boost market 146
TABLE 93 CANADA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 147
TABLE 94 CANADA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 147
TABLE 95 CANADA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 147
TABLE 96 CANADA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 147
10.3 EUROPE 148
10.3.1 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 148
10.3.2 EUROPE: RECESSION IMPACT 149
TABLE 97 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 149
TABLE 98 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 149
TABLE 99 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 150
TABLE 100 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 150
TABLE 101 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 150
TABLE 102 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 150
TABLE 103 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 151
TABLE 104 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 151
TABLE 105 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 151
TABLE 106 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 151
TABLE 107 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 152
TABLE 108 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 152
TABLE 109 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 152
TABLE 110 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 153
TABLE 111 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 153
TABLE 112 EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 153
10.3.3 UK 154
10.3.3.1 Increasing demand for robust solutions to enhance organizational performance to fuel market 154
TABLE 113 UK: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 154
TABLE 114 UK: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 154
TABLE 115 UK: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 154
TABLE 116 UK: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 155
10.3.4 GERMANY 155
10.3.4.1 Growing need to streamline maintenance operations to create demand for asset performance management 155
TABLE 117 GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 155
TABLE 118 GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 155
TABLE 119 GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 156
TABLE 120 GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 156
10.3.5 FRANCE 156
10.3.5.1 Availability of highly skilled asset performance management professionals contributing to market growth 156
TABLE 121 FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 156
TABLE 122 FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 157
TABLE 123 FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 157
TABLE 124 FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 157
10.3.6 REST OF EUROPE 157
TABLE 125 REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 158
TABLE 126 REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 158
TABLE 127 REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 158
TABLE 128 REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 158
10.4 ASIA PACIFIC 159
10.4.1 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 159
10.4.2 ASIA PACIFIC: RECESSION IMPACT 160
FIGURE 41 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SNAPSHOT 161
TABLE 129 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 161
TABLE 130 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 162
TABLE 131 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 162
TABLE 132 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 162
TABLE 133 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 162
TABLE 134 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 163
TABLE 135 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 163
TABLE 136 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 163
TABLE 137 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 163
TABLE 138 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 164
TABLE 139 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 164
TABLE 140 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 164
TABLE 141 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 164
TABLE 142 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 165
TABLE 143 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 165
TABLE 144 ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 165
10.4.3 CHINA 166
10.4.3.1 Increased adoption of new technologies, such as IIoT, mobile, and cloud, to drive demand 166
TABLE 145 CHINA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 166
TABLE 146 CHINA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 166
TABLE 147 CHINA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 166
TABLE 148 CHINA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 167
10.4.4 JAPAN 167
10.4.4.1 Shift toward digital transformation and focus on lowering TCO to fuel market growth 167
TABLE 149 JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 167
TABLE 150 JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 168
TABLE 151 JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 168
TABLE 152 JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 168
10.4.5 INDIA 168
10.4.5.1 Ongoing digital transformation and adoption of Industry 4.0 technologies to boost demand 168
TABLE 153 INDIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 169
TABLE 154 INDIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 169
TABLE 155 INDIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 169
TABLE 156 INDIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 169
10.4.6 REST OF ASIA PACIFIC 170
TABLE 157 REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 170
TABLE 158 REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 170
TABLE 159 REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 170
TABLE 160 REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 171
10.5 MIDDLE EAST & AFRICA 171
10.5.1 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 171
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 172
TABLE 161 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 172
TABLE 162 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 172
TABLE 163 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 173
TABLE 164 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 173
TABLE 165 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 173
TABLE 166 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 173
TABLE 167 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 174
TABLE 168 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 174
TABLE 169 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 174
TABLE 170 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 174
TABLE 171 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 175
TABLE 172 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 175
TABLE 173 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 175
TABLE 174 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 176
TABLE 175 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 176
TABLE 176 MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 176
10.5.3 SAUDI ARABIA 177
10.5.3.1 Stringent regulatory framework and compliance standards to boost growth of asset performance management market 177
TABLE 177 SAUDI ARABIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 177
TABLE 178 SAUDI ARABIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 177
TABLE 179 SAUDI ARABIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 177
TABLE 180 SAUDI ARABIA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 178
10.5.4 UAE 178
10.5.4.1 Rising need for predictive and prescriptive analytics to drive asset performance management market 178
TABLE 181 UAE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 178
TABLE 182 UAE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 178
TABLE 183 UAE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 179
TABLE 184 UAE: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 179
10.5.5 SOUTH AFRICA 179
10.5.5.1 Large untapped market to offer opportunities for asset performance management companies 179
TABLE 185 SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 179
TABLE 186 SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 180
TABLE 187 SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 180
TABLE 188 SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 180
10.5.6 REST OF MIDDLE EAST & AFRICA 180
TABLE 189 REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 181
TABLE 190 REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 181
TABLE 191 REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 181
TABLE 192 REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 181
10.6 LATIN AMERICA 182
10.6.1 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS 182
10.6.2 LATIN AMERICA: RECESSION IMPACT 182
TABLE 193 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2019–2022 (USD MILLION) 183
TABLE 194 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COMPONENT, 2023–2028 (USD MILLION) 183
TABLE 195 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2019–2022 (USD MILLION) 183
TABLE 196 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SOLUTION, 2023–2028 (USD MILLION) 184
TABLE 197 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2019–2022 (USD MILLION) 184
TABLE 198 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY SERVICES, 2023–2028 (USD MILLION) 184
TABLE 199 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2022 (USD MILLION) 184
TABLE 200 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY PROFESSIONAL SERVICES, 2023–2028 (USD MILLION) 185
TABLE 201 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 185
TABLE 202 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 185
TABLE 203 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 185
TABLE 204 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 186
TABLE 205 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2019–2022 (USD MILLION) 186
TABLE 206 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY VERTICAL, 2023–2028 (USD MILLION) 186
TABLE 207 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2019–2022 (USD MILLION) 187
TABLE 208 LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION) 187
10.6.3 BRAZIL 187
10.6.3.1 Rapid digital transformation initiatives to support adoption of asset performance management solutions 187
TABLE 209 BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 187
TABLE 210 BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 188
TABLE 211 BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 188
TABLE 212 BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 188
10.6.4 MEXICO 188
10.6.4.1 Oil & gas and energy & utilities industries to drive asset performance management market 188
TABLE 213 MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 189
TABLE 214 MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 189
TABLE 215 MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 189
TABLE 216 MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 189
10.6.5 REST OF LATIN AMERICA 190
TABLE 217 REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 190
TABLE 218 REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 190
TABLE 219 REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 190
TABLE 220 REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 191
11 COMPETITIVE LANDSCAPE 192
11.1 INTRODUCTION 192
11.2 MARKET SHARE OF TOP VENDORS 192
TABLE 221 ASSET PERFORMANCE MANAGEMENT: DEGREE OF COMPETITION 192
FIGURE 42 MARKET SHARE ANALYSIS OF COMPANIES IN ASSET PERFORMANCE MANAGEMENT MARKET 193
11.3 KEY PLAYER STRATEGIES 194
11.3.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY ASSET PERFORMANCE MANAGEMENT VENDORS 194
11.4 HISTORICAL REVENUE ANALYSIS OF TOP VENDORS 195
FIGURE 43 HISTORICAL THREE-YEAR REVENUE ANALYSIS OF LEADING PLAYERS IN ASSET PERFORMANCE MANAGEMENT MARKET, 2020–2022 196
11.5 VENDOR PRODUCTS/BRANDS COMPARISON 196
TABLE 222 VENDOR PRODUCTS/BRANDS COMPARISON 196
11.6 COMPANY EVALUATION QUADRANT, 2022 197
11.6.1 DEFINITIONS AND METHODOLOGY 197
FIGURE 44 COMPANY EVALUATION QUADRANT: CRITERIA WEIGHTAGE 198
11.6.2 STARS 198
11.6.3 EMERGING LEADERS 198
11.6.4 PERVASIVE PLAYERS 199
11.6.5 PARTICIPANTS 199
FIGURE 45 ASSET PERFORMANCE MANAGEMENT MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022 199
TABLE 223 ASSET PERFORMANCE MANAGEMENT MARKET: COMPANY FOOTPRINT 200
11.7 SMES/STARTUP EVALUATION QUADRANT 201
11.7.1 DEFINITIONS AND METHODOLOGY 201
FIGURE 46 STARTUP/SME EVALUATION MATRIX: CRITERIA WEIGHTAGE 201
11.7.2 PROGRESSIVE COMPANIES 201
11.7.3 RESPONSIVE COMPANIES 201
11.7.4 DYNAMIC COMPANIES 201
11.7.5 STARTING BLOCKS 202
FIGURE 47 ASSET PERFORMANCE MANAGEMENT MARKET (GLOBAL): STARTUP/SME EVALUATION MATRIX, 2022 202
11.7.6 COMPETITIVE BENCHMARKING 203
TABLE 224 ASSET PERFORMANCE MANAGEMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES 203
TABLE 225 ASSET PERFORMANCE MANAGEMENT MARKET: STARTUP/SME FOOTPRINT 204
11.8 KEY MARKET DEVELOPMENTS 205
TABLE 226 ASSET PERFORMANCE MANAGEMENT MARKET: NEW LAUNCHES, JANUARY 2020–JULY 2023 205
TABLE 227 ASSET PERFORMANCE MANAGEMENT MARKET: DEALS, JANUARY 2020–JULY 2023 208
12 COMPANY PROFILES 215
12.1 MAJOR PLAYERS 215
(Business Overview, Products/Solutions offered, Recent Developments, MnM View)*
12.1.1 AVEVA 215
TABLE 228 AVEVA: COMPANY OVERVIEW 215
FIGURE 48 AVEVA: COMPANY SNAPSHOT 216
TABLE 229 AVEVA: PRODUCT AND SOLUTION OFFERINGS 216
TABLE 230 AVEVA: NEW LAUNCHES 217
TABLE 231 AVEVA: DEALS 219
12.1.2 SAP 221
TABLE 232 SAP: COMPANY OVERVIEW 221
FIGURE 49 SAP: COMPANY SNAPSHOT 222
TABLE 233 SAP: PRODUCT OFFERINGS 222
TABLE 234 SAP: NEW LAUNCHES 223
TABLE 235 SAP: DEALS 223
12.1.3 GE DIGITAL 225
TABLE 236 GE DIGITAL: COMPANY OVERVIEW 225
FIGURE 50 GENERAL ELECTRIC: COMPANY SNAPSHOT 226
TABLE 237 GE DIGITAL: PRODUCT OFFERINGS 226
TABLE 238 GE DIGITAL: NEW LAUNCHES 227
TABLE 239 GE DIGITAL: DEALS 228
12.1.4 IBM 229
TABLE 240 IBM: COMPANY OVERVIEW 229
FIGURE 51 IBM: COMPANY SNAPSHOT 230
TABLE 241 IBM: PRODUCT AND SOLUTION OFFERINGS 230
TABLE 242 IBM: NEW LAUNCHES 231
TABLE 243 IBM: DEALS 231
12.1.5 ABB 233
TABLE 244 ABB: COMPANY OVERVIEW 233
FIGURE 52 ABB: COMPANY SNAPSHOT 234
TABLE 245 ABB: PRODUCT AND SOLUTION OFFERINGS 234
TABLE 246 ABB: NEW LAUNCHES 235
TABLE 247 ABB: DEALS 235
12.1.6 BENTLEY SYSTEMS 237
TABLE 248 BENTLEY SYSTEMS: COMPANY OVERVIEW 237
FIGURE 53 BENTLEY SYSTEMS: COMPANY SNAPSHOT 238
TABLE 249 BENTLEY SYSTEMS: PRODUCT AND SERVICE OFFERINGS 238
TABLE 250 BENTLEY SYSTEMS: NEW LAUNCHES 239
TABLE 251 BENTLEY SYSTEMS: DEALS 239
12.1.7 EMERSON 241
TABLE 252 EMERSON: COMPANY OVERVIEW 241
FIGURE 54 EMERSON: COMPANY SNAPSHOT 242
TABLE 253 EMERSON: PRODUCT, SERVICE, AND SOLUTION OFFERINGS 242
TABLE 254 EMERSON: NEW LAUNCHES 243
TABLE 255 EMERSON: DEALS 243
12.1.8 FLUKE 244
TABLE 256 FLUKE: COMPANY OVERVIEW 244
TABLE 257 FLUKE: PRODUCT AND SOLUTION OFFERINGS 244
12.1.9 ROCKWELL AUTOMATION 245
TABLE 258 ROCKWELL AUTOMATION: COMPANY OVERVIEW 245
FIGURE 55 ROCKWELL AUTOMATION: COMPANY SNAPSHOT 246
TABLE 259 ROCKWELL AUTOMATION: PRODUCT AND SOLUTION OFFERINGS 246
TABLE 260 ROCKWELL AUTOMATION: NEW LAUNCHES 247
TABLE 261 ROCKWELL AUTOMATION: DEALS 247
12.1.10 DNV 248
TABLE 262 DNV: COMPANY OVERVIEW 248
FIGURE 56 DNV: COMPANY SNAPSHOT 249
TABLE 263 DNV: PRODUCT AND SOLUTION OFFERINGS 249
12.2 OTHER PLAYERS 250
12.2.1 SIEMENS ENERGY 250
12.2.2 HEXAGON 251
12.2.3 SAS 252
12.2.4 ARMS RELIABILITY 253
12.2.5 NEXUS GLOBAL 254
12.2.6 SYNOPSYS 255
12.2.7 DETECHTION TECHNOLOGIES 256
12.2.8 ORACLE 257
12.2.9 YOKOGAWA 258
12.2.10 HONEYWELL 259
12.2.11 PROMETHEUS GROUP 260
12.2.12 OPERATIONAL SUSTAINABILITY 261
12.2.13 IPS INTELLIGENT PROCESS SOLUTIONS 262
12.2.14 PLASMA 263
12.2.15 UPKEEP 264
12.2.16 FRACTTAL 264
12.2.17 MICROAI [FORMER ONE TECH] 265
12.2.18 METORAPM 266
12.2.19 VROC 266
12.2.20 QUALER 267
12.2.21 MAINTAINX 267
*Details on Business Overview, Products/Solutions offered, Recent Developments, MnM View might not be captured in case of unlisted companies
13 ADJACENT AND RELATED MARKETS 268
13.1 INTRODUCTION 268
13.1.1 RELATED MARKETS 268
13.2 DIGITAL ASSET MANAGEMENT MARKET 268
TABLE 264 DIGITAL ASSET MANAGEMENT MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 268
TABLE 265 DIGITAL ASSET MANAGEMENT MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 269
TABLE 266 DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION, 2019–2022 (USD MILLION) 269
TABLE 267 DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 269
TABLE 268 DIGITAL ASSET MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION) 270
TABLE 269 DIGITAL ASSET MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION) 270
TABLE 270 DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2022 (USD MILLION) 270
TABLE 271 DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 270
TABLE 272 DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2022 (USD MILLION) 271
TABLE 273 DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 271
TABLE 274 DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2019–2022 (USD MILLION) 272
TABLE 275 DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 272
13.3 ENTERPRISE ASSET MANAGEMENT MARKET 272
TABLE 276 ENTERPRISE ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION) 273
TABLE 277 ENTERPRISE ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION) 273
TABLE 278 ENTERPRISE ASSET MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION) 273
TABLE 279 ENTERPRISE ASSET MANAGEMENT MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION) 274
TABLE 280 ENTERPRISE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2018–2021 (USD MILLION) 274
TABLE 281 ENTERPRISE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2022–2027 (USD MILLION) 274
TABLE 282 ENTERPRISE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 275
TABLE 283 ENTERPRISE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 275
TABLE 284 ENTERPRISE ASSET MANAGEMENT MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 275
TABLE 285 ENTERPRISE ASSET MANAGEMENT MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 276
TABLE 286 ENTERPRISE ASSET MANAGEMENT MARKET, BY REGION, 2018–2021 (USD MILLION) 276
TABLE 287 ENTERPRISE ASSET MANAGEMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 276
14 APPENDIX 277
14.1 DISCUSSION GUIDE 277
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 283
14.3 CUSTOMIZATION OPTIONS 285
14.4 RELATED REPORTS 285
14.5 AUTHOR DETAILS 286
