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Computerized Maintenance Management Information System (CMMIS) Market Key Vendors, Analysis by Growth and Revolutionary Opportunities by 2032

02-20-2023 07:00 PM CET | IT, New Media & Software

Press release from: Analytics Market Research

Computerized Maintenance Management Information System (CMMIS) Market

Computerized Maintenance Management Information System (CMMIS) Market

Computerized Maintenance Management Information System (CMMIS) Market size was valued at USD 913.58 Million in 2020 and is projected to reach USD 1,721.02 Million by 2028, growing at a CAGR of 8.41% from 2021 to 2028.

A computerised maintenance management system (CMMS) is a software programme that keeps a computer database of information for the organization's maintenance activities. This data is intended to aid maintenance workers in carrying out their duties properly and to assist executives in making informed decisions. It improves the use and availability of physical equipment such as transportation, communications, machinery, plant infrastructure, and other resources. CMMS systems, also known as CMMIS or computerised maintenance management information system, are used in power generation, oil and gas production, manufacturing, building, transportation, and other industries where actual foundation is essential. A CMMS also considers record keeping in order to track completed and assigned jobs in a convenient and cost-effective manner.

Market Dynamics:
A major factor driving the growth of the CMMS market is the growing demand to cut IT spending and adopt more cost-effective choices. There is a rising need to reduce the amount of money spent on IT to implement important CMMS solutions to a company's operations.

The high installation and integration costs of sensor and IoT technologies used in maintenance management are a major industry limitation. Rising spending on data management and storage solutions is likely to impede market expansion throughout the forecast period (2022-2029).

The establishment of new businesses and facilities in the worldwide market represents a critical opportunity in the CMMS market. These firms would likely necessitate building upkeep and monitoring, which is expected to have a positive impact.

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Global Computerized Maintenance Management Information System (CMMIS) Market: By Types
Cloud Based
On-Premises

Global Computerized Maintenance Management Information System (CMMIS) Market: By Applications
Industrial & Manufacturing
Property Management Firms
Logistics & Retail
Education & Government
Healthcare and Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Global Computerized Maintenance Management Information System (CMMIS) Market: Top Key Players
Maintenance Connection
eMaint
Dude Solutions
Hippo
IBM
ServiceChannel
Fiix
UpKeep
Siveco
Hippo
IBM
Axxerion
MPulse
MVP Plant
MCS Solutions
DPSI
Real Asset Management
MicroMain
FasTrak

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry

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Key Questions Answered in This Report:
• How has the global Market performed so far and how will it perform in the coming years?
• What are the key regional Markets?
• What has been the impact of COVID-19 on the global Market?
• What is the breakup of the Market based on the type?
• What is the breakup of the Market based on the application?
• What is the breakup of the Market based on the manufacturing process?
• What is the breakup of the Market based on the price range?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global Market and who are the key players?
• What is the degree of competition in the industry?

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About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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