Chicago, March 22, 2023 (GLOBE NEWSWIRE) — The globe Asset Performance Management Market The size is projected to grow at a compound annual growth rate (CAGR) of 10.1% over the forecast period, reaching US$4.0 billion from US$2.5 billion in 2021 by 2026. according to a new report from MarketsandMarkets™. The Asset Performance Management market is fragmented as there are a large number of players in the overall market. The key factors expected to drive the adoption of Asset Performance Management (APM) software by large corporations as well as SMBs across multiple industries including Energy & Utilities, Manufacturing, Government & Defense, Chemicals, Healthcare & Pharmaceuticals, Telecom, Consumer Goods and Food & Beverage and others (Real Estate and Transport & Logistics) are increasingly embracing cloud and digital transformation. Developing countries in APAC and MEA are expected to provide more opportunities for vendors in the market.
Browse Detailed TOC of Asset Performance Management Market
274 – tables
57 – numbers
284 pages
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scope of the report
| report metrics | details |
| Market size value in 2021 | $2.5 billion |
| Market size value in 2026 | $4.0 billion |
| growth rate | 10.1% CAGR |
| Market size available for years | 2016-2026 |
| Base year considered | 2020 |
| forecast period | 2021-2026 |
| Forecast Units | billion (USD) |
| segments covered | component (solutions [Asset Strategy, Asset Reliability, and Predictive Asset Management] and services), deployment type, company size, industry and region |
| Asset Performance Management Market Drivers |
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