Press release
Maintenance, Repair, & Operation Software (MRO) Software Market 2019 Developing Trends, Size and Top Key vendors (IBM, HCL Technologies, Oracle, IFS, IBS Software Services, SAP, Flatirons Solution, Swiss Aviation software)
the Global Maintenance, Repair, & Operation Software (MRO) Software market is accounted for $4.10 billion in 2017 and is expected to reach $6.01 billion by 2026 growing at a CAGR of 4.3%. Rising adoption of software as a service (SAAS) and high demand in aviation maintenance software services are some of the factors impelling market growth. However, lack of common data standards and limited budgets restraining adoption of the integrated MRO software suite are hampering the market growth. In addition, growing adoption of the internet of things (IoT), artificial intelligence (AI), augmented reality (AR), and Big data analytics is providing ample opportunities.Get a Sample Copy of this Report @ https://marketprognosis.com/sample-request/19552
Maintenance, Repair, & Operation Software could be a substance such as maintenance supplies, spare parts, and consumables used in the production process. These items can be either evaluated or non-valuated and depending on the value of the items, no physical inventory is done.
Amongst solution, the enterprise resource planning (ERP) segment is accounted due to demand for integrated ERP solutions by MROs and airlines is driving the growth of this segment, as Maintenance, Repair, & Operation Software and airlines are focusing on the complete digitalization of their operations through the implementation of ERP solutions. By geography, the Asia Pacific region is dominated due to China has some of the leading aircraft manufacturers and MRO service providers, which are the prime end users of the MRO software in aviation. This high growth rate can be attributed to the increase in MRO services and airlines.
Some of the key players in Maintenance, Repair, & Operation Software (MRO) Software market include are International Business Machines (IBM), HCL Technologies, Oracle, IFS (Industrial and Financial Systems), IBS Software Services, SAP, Flatirons Solution, Swiss Aviation software, Infor, Ramco Systems, Boeing, Trax, Rusada , Commsoft, and Sopra Steria.
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Market Segments:
Deployments Covered:
• On-Premises
• Cloud-Based
Solution Covered:
• Point Solution
• Enterprise Resource Planning (ERP)
End User Covered:
• Maintenance, Repair, and Overhaul (MRO)
• Original Equipment Manufacturers (OEM)
• Airlines
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