Press release
Computerized Maintenance Management System CMMS market is estimated to grow at a CAGR of 9.1% within the forecast period of 2023-2030 : Cognitive Market Research
Computerized Maintenance Management System CMMS market is estimated to grow at a CAGR of 9.1% within the forecast period of 2023-2
The increasing demand for CMMS software among small and mid-sized businesses along the adoption of CMMS software in the energy and utilities sector has increased the demand for CMMS. CMMS software allows the maintains the costs to keep backlogs in check and balancing of resources. The processes automated by CMMS solution are rising due to inventory management, maintenance expense record keeping, preventive maintenance scheduling, audit and compliance record management and work requests and work order management.
Market Summery
Computerized Maintenance Management System CMMS Market is valued at USD USD 1,631 million in 2022,growing at a CAGR of 9.1% during the forecast period 2023-2030 : Cognitive Market Research
To know more The Computerized Maintenance Management System CMMS market statistics click here: https://www.cognitivemarketresearch.com/computerized-maintenance-management-system-cmms-market-report
Market Dynamics
Drivers
• Rising popularity of social media and e-commerce platforms
Buying and selling of goods or services on the internet has increased extremely in from past years. It encompasses a wide variety of data, tools and systems for online buyers and sellers, including mobile shopping and online payment encryption. CMMS software solutions that facilitate the digitalization and optimization of facility, maintenance management to simplify workflows, centralize communication to make maintenance jobs easier are used by many enterprises.
• Deployment Segment Analysis:
The on-premises segment accounted for the major share of over 55% in 2022. On-premises CMMS solutions are installed and managed on the company's internal IT infrastructure, safeguarding a high level of security. The on-premises system usually needs only a one-time purchase amount, local servers typically power on-premises solutions, which means speed can be controlled and changed, offering needed flexibility to all organizations.
• Enterprise Size Segment Analysis:
The large enterprise segment accounted for the largest market share of over 60% in 2022. Large enterprises require CMMS solutions to manage maintenance from the warehouse to factory machinery. Large businesses gain major benefits by implementing a CMMS, as downtime can be really expensive for businesses. The CMMS software can be installed at different locations in a large corporation because it can be implemented in many languages. Maintaining inventory in large enterprises can be crucial for customer requirements and meeting client on time. Hence, with the help of CMMS software, large organizations can track and manage their inventory automatically.
• Industry Segment Analysis:
The manufacturing segment accounted for an extensive market share of over 20% in 2022. The CMMS software helps manufacturing industries by maintenance strategies and reducing downtime for the equipment during working hours. The software tracks equipment keeps information about assets, and quickly finds data. It assists in preventing machines and equipment from failing and breakdown and assists manufacturing plants. A CMMS can be an important tool for ensuring that the correct safety procedures are followed and that proper concession is executed and documented.
Get Access of latest published Computerized Maintenance Management System CMMS Market Report: https://www.cognitivemarketresearch.com/computerized-maintenance-management-system-cmms-market-report
Market Segmentation:
By Deployment:
• Cloud
• On-premise
By Enterprise Size:
• Small & Medium Enterprises (SMEs)
• Large Enterprises
By Industry:
• Manufacturing
• Transportation & Logistics
• Retail & CPG
• Education
• Hospitality
• Healthcare
• Energy & Utilities
• Government
• Others
Companies involved in Global Computerized Maintenance Management System Market:
Zunaso, MicroMain Corp., Infor, IBM Corporation, Rockwell Automation (Fiix, Inc.), Fluke Corporation, Accruent, Hippo CMMS, Limble CMMS, Mobility Work, UpKeep
News
September 2022
• IBM Acquired Dialexa to Speed Digital Innovation
IBM acquired Dialexa, a U.S. digital product engineering services firm, to help companies drive innovation and achieve their digital growth agendas. The acquisition is expected to deepen IBM's product engineering expertise and provide end-to-end digital transformation services for clients.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Computerized Maintenance Management System CMMS Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Computerized Maintenance Management System CMMS Market Overview
• 4.1 Introduction
• 4.2 Global Computerized Maintenance Management System CMMS Market Statistics by Regions (2018-2030)
4.2.1 North America Computerized Maintenance Management System CMMS Status and Prospect (2018-2030)
4.2.2 Europe Computerized Maintenance Management System CMMS Status and Prospect (2018-2030)
4.2.3 Asia Pacific Computerized Maintenance Management System CMMS Status and Prospect (2018-2030)
4.2.4 Latin America Computerized Maintenance Management System CMMS Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Computerized Maintenance Management System CMMS Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Computerized Maintenance Management System CMMS Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Mergers and Acquisition Analysis
• 5.2 Global New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Computerized Maintenance Management System CMMS Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Computerized Maintenance Management System CMMS Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Computerized Maintenance Management System CMMS Market Regional Analysis
Chapter 11 North America Computerized Maintenance Management System CMMS Market Outlook (2018 - 2030)
Chapter 12 Europe Computerized Maintenance Management System CMMS Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Computerized Maintenance Management System CMMS Market Outlook (2018 - 2030)
Chapter 14 Latin America Computerized Maintenance Management System CMMS Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Computerized Maintenance Management System CMMS Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more The Computerized Maintenance Management System CMMS market TOC click here: https://www.cognitivemarketresearch.com/computerized-maintenance-management-system-cmms-market-report#table_of_contents
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• Computerized Maintenance Management System Software Market - https://www.cognitivemarketresearch.com/computerized-maintenance-management-system-software-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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