Press release
The Predictive Maintenance Market will register a CAGR of over 28.8% by 2024
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Key Players-IBM (US), Microsoft (US), SAP (Germany), GE (US), Schneider Electric (France), Hitachi (Japan), PTC (US), Software AG (Germany), SAS (US), TIBCO (US), C3 IoT (US), Uptake (US), Softweb Solutions (US), Asystom (France), Ecolibrium Energy (India), Fiix (Canada), OPEX Group (UK), Dingo (Australia),Sigma Industrial Precision (Spain).
The Global Predictive Maintenance Market size to grow from US$ 3.0 Billion in 2019 to US$ 10.7 Billion by 2024, at a CAGR of 28.8% during 2019–2024. This report spread across 144 Pages, Profiling 10 Companies and Supported with 45 Tables and 46 Figures is now available in this research.
“The services segment to grow at a higher CAGR during the forecast period”
The predictive maintenance market is segmented on the basis of components, such as solutions and services. The services segment is expected to grow at a rapid pace during the forecast period. An efficient predictive maintenance service help organizations develop a connected environment by integrating predictive maintenance solution with their existing IT infrastructure.
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“The energy and utilities segment to grow at the highest CAGR during the forecast period”
The predictive maintenance market by vertical has been segmented into government and defense, manufacturing, energy and utilities, transportation and logistics, health and life sciences and others (agriculture, telecom, media, and retail). The energy and utilities segment to grow at the highest CAGR during the forecast period, due to the growing demand for automated of power-usage analytics applications.
Competitive Landscape of Predictive Maintenance Market:
1 Overview
2 Competitive Leadership Mapping
2.1 Visionaries
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Strength of Product Portfolio
4 Business Strategy Excellence
5 Competitive Leadership Mapping (Startups)
5.1 Progressive Companies
5.2 Responsive Companies
5.3 Dynamic Companies
5.4 Starting Blocks
6 Strength of Product Portfolio (Startups)
7 Business Strategy Excellence (Startups)
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Research coverage:
The report segments the global predictive maintenance market by component, solution, service, deployment mode, organization size, and region.The predictive maintenance market by vertical is divided into government and defense, manufacturing, energy and utilities, transportation and logistics, health and life sciences and others (agriculture, telecom, media, and retail) categories. The component segment comprises solutions and services. The solutions segment is further segmented into integrated solutions and standalone solutions.
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