Global Computerized Maintenance Management System Market Segments 2024, Forecast To 2033
5 Mar, 2024
The computerized maintenance management system market has witnessed rapid growth, increasing from $1.23 billion in 2023 to $1.35 billion in 2024, with a CAGR of 10.3%. The surge is attributed to the adoption of preventive maintenance strategies, asset management requirements, increased equipment complexity, and regulatory compliance. Projections for 2028 estimate a market size of $2.02 billion, experiencing continued growth driven by a focus on energy management, mobile CMMS applications, big data analytics in maintenance, and integration with ERP systems, showcasing a CAGR of 10.6%. Major trends encompass cloud-based CMMS solutions and technological advancements.
Global Computerized Maintenance Management System Market Key Driver
The growth of small enterprises, defined as manufacturing entrepreneurs with a limited workforce, is anticipated to drive the computerized maintenance management system (CMMS) market. CMMS aids small enterprises in expanding by mitigating risks associated with business startups. This system is crucial for tracking maintenance, scheduling preventive measures, managing inventory, tracking assets, and facilitating efficient business operations. For example, in 2022, the US Small Business Administration reported 33.2 million small businesses, constituting 99.9% of all businesses, indicating that small enterprise growth propels the CMMS market.
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The computerized maintenance management system market covered in this report is segmented –
1) By Deployment Type: Cloud, On-premise
2) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Application: Asset Management, Workorder Management, Inventory Management, Preventive Maintenance, Other Applications
4) By End-use: Manufacturing, Facility Management, Healthcare, Education, Government, Other End Uses
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North Americawas the dominating region in the computerized maintenance management system market in 2023. The regions covered in the computerized maintenance management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Computerized Maintenance Management System Industry Players
Hippo CMMS; Limble CMMS; MicroMain Corporation; Fiix Inc.; International Business Machines Corporation; Fracttal S.p.A; eMaint Enterprises LLC; Upkeep Technologies Inc; Cryotos CMMS Software; Accruent; Infor Inc.; Mapcon Technologies Inc.; DPSI; Techgate Technologies LLC; Facilio; ManWinWin Software; MATE PCS LLC; Oracle Corporation; SAP SE; Microsoft Corporation; IFS; AVEVA Group; EAMbrace; Maintenance Connection; Siemens; Asset Panda LLC; Maintenance Care; ManagerPlus; Siveco Group; CWorks Inc.; AssetWorks LLC; MPulse Software Inc.; MVP Plant; Smartware Group; Maxpanda; TabWare; EZOfficeInventory
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AIOps Computerized Maintenance Management System Market Overview
A computerized maintenance management system (CMMS) is software that streamlines maintenance operations and centralizes the maintenance data of a firm. It aids in maximizing the use and accessibility of tangible assets like machines, transportation, communications, plant infrastructures, and other assets of an organization.
Computerized Maintenance Management System Global Market Report 2023 provides data on the global computerized maintenance management system market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The computerized maintenance management system market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.