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Computerized Maintenance Management System (CMMS) Software Market 2019 Outlook with Trends, Types, Applications and Key Players

04-04-2019 07:44 PM CET | IT, New Media & Software

Press release from: InForGrowth

In 2018, the global Computerized Maintenance Management System (CMMS) Software market size was 720 million US$ and it is expected to reach 1510 million US$ by the end of 2025, with a CAGR of 9.8% during 2019-2025.

This report studies the Computerized Maintenance Management System (CMMS) Software, Computerized maintenance management system (CMMS), also known as computerized maintenance management information system (CMMIS), is a software package that maintains a computer database of information about an organization's maintenance operations.

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Key Players covered in this report are Maintenance Connection, EMaint, Dude Solutions, Hippo, IBM, ServiceChannel, Fiix, UpKeep, Siveco, IFS, ManagerPlus, Axxerion, MPulse, MVP Plant, MCS Solutions, DPSI, Real Asset Management, MicroMain, FasTrak, FMX, Sierra, Orion IXL Bhd.

Report analysed by applications like Industrial & Manufacturing, Property Management Firms, Logistics & Retail, Education & Government, Healthcare and Others. Then report is analysed on the basis of product Cloud Based CMMS Software, On-Premises CMMS Software.

This information is intended to help maintenance workers do their jobs more effectively (for example, determining which machines require maintenance and which storerooms contain the spare parts they need) and to help management make informed decisions (for example, calculating the cost of machine breakdown repair versus preventive maintenance for each machine, possibly leading to better allocation of resources). CMMS data may also be used to verify regulatory compliance. To properly control the maintenance of a facility, information is required to analyze what is occurring. Manually this requires a tremendous amount of effort and time. A CMMS also allows for record keeping, to track completed and assigned tasks in a timely and cost-effective manner. In recognition of this, companies have started using CMMS extensively to better control and organize maintenance management. The different steps of implementing a CMMS plan have been described in the diagram.

According to QYR market research, The Global Computerized Maintenance Management System (CMMS) Software market size was 787.2 million USD in 2018 and it will be 1514 million USD in 2025, with a CAGR of 9.79% from 2018 to 2025. Factors like an efficient accomplishment of maintenance practices, time-saving services, and low cost are majorly driving the market of computerized maintenance management system. Also, facilities provided by computerized maintenance management systems like scheduling tasks, tracking work orders, external work requests, managing inventory and audit, and certification are elevating the market.

The global Computerized Maintenance Management System (CMMS) Software market for is highly competitive and fragmented. There are many enterprises entering this business. IBM, Siveco, Dude Solutions, DPSI, ServiceChannel and eMaint are some of the major market players in this domain. Other key vendors include Fiix, UpKeep, IFS, Maintenance Connection, Hippo, Real Asset Management, Sierra, MCS Solutions, MPulse, MVP Plant, ManagerPlus and some others. The prominent players constantly keep on innovating and investing in research and development in order to present a cost-effective portfolio. There have been recent mergers and acquisitions among the key players, where the business entities expect to strengthen their reach to their customer.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states supply and demand Figures, cost, price, revenue and gross margins.

The Computerized Maintenance Management System (CMMS) Software Market report provides key statistics on the market status of the Computerized Maintenance Management System (CMMS) Software manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Major Points Covered in Table of Contents:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
6 North America
7 Europe
8 Asia Pacific
9 Central & South America
10 Middle East and Africa
11 Company Profiles
12 Market Opportunities, Challenges, Risks and Influences Factors Analysis
13 Value Chain and Sales Channels Analysis
14 Research Findings and Conclusion
15 Appendix

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About InForGrowth:
We are a market-intelligence company formed with the objective of providing clients access to the most relevant and accurate research content for their growth needs. At InForGrowth, we understand Research requirements and help a client in taking informed business critical decisions. Given the complexities and interdependencies of market-intelligence, there is always more than one source to explore and arrive at the right answer. Through our smart search feature and our reliable & trusted publishing partners, we are paving way for a more simplified and relevant research.

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