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Global Asset Performance Management Market Forecast
Global Asset Performance Management Market Forecast
Next Generation Real Time Technologies Driving Transformational Growth in Industrial Environments
08-May-2023
Europe
Description
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. With a positive compound annual growth rate of 10.6% between 2022 and 2026, the market is expected to reach $2,371.0 million by 2026.
The current APM market landscape comprises traditional industrial automation vendors that coexist with hyperscalers, IT companies, and emerging disruptive tech start-ups. To stay competitive, gain market share, expand product portfolio, and spread asset management applications in new industry verticals, APM global leaders leverage their growth and innovation strategies through multiple partnerships, mergers and acquisitions, and intensive R&D efforts that lead to innovative product upgrades.
The study analyzes the trends spurring transformational changes in the global APM market. It highlights the factors driving and restraining growth and identifies opportunities for industry stakeholders to leverage. The study also includes a competitive environment analysis and leading competitors’ market share. The base year is 2022, and the forecast period is 2023 to 2026.
Key Features
The study segments the APM market size in the following manner:
- By Product: Services and Software
- By Region: North America and Latin America, Europe, the Middle East and Africa, and the Asia-Pacific.
- By Industry Vertical: Oil and Gas, Power and Utilities, Chemicals, Metals and Mining, Food and Beverages, Pharma and Biotech, Water and Wastewater Treatments, Paper and Pulp, and Others, which includes automotive, cement, textiles, glass, printing, and publishing industries.
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Global Asset Performance Management Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
APM Definition Analysis
Segmentation by Region
Segmentation by Industry Vertical
Segmentation by Product
Key Competitors
Growth Metrics
Growth Drivers
Growth Drivers (continued)
Growth Restraints
Growth Restraints (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Industry Vertical
Revenue Forecast by Region
Revenue Forecast by Product
Revenue Forecast Analysis
Pricing Trends and Forecast Analysis
Worst-case Scenario
Competitive Environment
Revenue Share
Revenue Share Analysis
Sustainable APM Driving Transformational Changes in the Industrial Sector
United Nations Sustainable Development Goals
Main SDG: Affordable and Clean Energy
Main SDG: Industry, Innovation, and Infrastructure
Main SDG: Responsible Consumption and Production
Main SDG: Partnerships for the Goals
Growth Metrics
Revenue Forecast
Revenue Forecast by Country
Forecast Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Country
Forecast Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Country
Forecast Analysis
Growth Metrics
Revenue Forecast
Revenue Forecast by Country
Forecast Analysis
Growth Opportunity 1: Collaborative Ecosystems to Integrate All Asset Activities and Drive Sustainability
Growth Opportunity 1: Collaborative Ecosystems to Integrate All Asset Activities and Drive Sustainability (continued)
Growth Opportunity 2: Comprehensive Digital Twin Technologies
Growth Opportunity 2: Comprehensive Digital Twin Technologies (continued)
Growth Opportunity 3: Scalable APMs To Expand Product’s Application Scope
Growth Opportunity 3: Scalable APMs To Expand Product’s Application Scope (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Popular Topics
Key Features
The study segments the APM market size in the following manner:
- By Product: Services and Software
- By Region: North America and Latin America, Europe, the Middle East and Africa, and the Asia-Pacific.
- By Industry Vertical: Oil and Gas, Power and Utilities, Chemicals, Metals and Mining, Food and Beverages, Pharma and Biotech, Water and Wastewater Treatments, Paper and Pulp, and Others, which includes automotive, cement, textiles, glass, printing, and publishing industries.
| Author | Marina Salaber |
|---|---|
| Industries | Industrial Automation |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Asset Performance Monitoring |
| Keyword 2 | APM market |
| Keyword 3 | asset performance management solutions |
| Podcast | No |
| WIP Number | K822-01-00-00-00 |