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Research Overview This Frost & Sullivan study analyzes the convergence trends of information technology and operational technology (IT/OT), changing buying behavior, influence of disruptive technologies, competitive intensity and impact of economic and mega trends in the global plant asset management (PAM) market. In addition to PAM software market...

This guide equips business buyers with a strategic, practical framework for selecting a digital asset management (DAM) platform. As organizations produce and deploy more rich media content than ever, a DAM system has become mission-critical for managing these assets and accelerating marketing operations. It’s not just about storing files—a well-imp...

With the advent of Industry 4.0 and smart factories, it has become a necessity for industries to adopt advanced technologies to improve their manufacturing processes. Asset tracking and monitoring technology is currently adopted by industries for tracking and monitoring asset location and status. Sophisticated monitoring technology can also be cate...

With supply chain issues dominating the news, Mobile Asset Management (MAM) solutions are gaining even more credibility and attention in the North American market. Each year, Frost & Sullivan examines the mobile asset management solution category, defining MAM as solutions that remotely locate, monitor, and manage moveable assets that are outside o...

The meter data management (MDM) market is emerging as a critical component of modern utility operations, driven by the rapid deployment of smart meters, increasing grid digitalization, and the growing need for accurate, real-time energy data. MDM solutions enable utilities to collect, validate, store, analyze, and manage vast volumes of meter data ...

Asset performance management (APM) systems are critical tools for asset-heavy industries, including oil and gas, petrochemicals and chemicals, mining and metals, and manufacturing, to effectively manage costs and risks in today’s volatile business climate. The APM landscape comprises a mix of traditional industrial automation vendors, hyperscaler...

08 May 2023  |  Europe  |  Market Research

Global Asset Performance Management Market Forecast

Next Generation Real Time Technologies Driving Transformational Growth in Industrial Environments

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Key Benefits

An increasingly competitive and regulated industrial environment is forcing all industry verticals to partner with strategic asset performance management (APM) providers to effectively manage costs and risks in today´s volatile business climates. The APM market, with $1,584.9 million in 2022, is one of the fastest-growing automation product lines. ...

The rapid adoption of cloud computing and hybrid environments has brought a lot of benefits to organizations globally, such as flexibility, scalability, and cost savings. However, as hybrid-cloud and multi-cloud strategies become an increasingly important part of organizations' business operations, organizations will find it difficult to maintain u...

The emergence of Industrial Internet of Things (IIoT) technologies has accelerated the process of digital transformation across various end-use industries. There is a growing need to monitor, measure, analyze, and manage the failure of assets as a part of digital transformation initiatives. Asset-intensive industries have been grappling with consta...