資産パフォーマンス管理市場 – 2029年までの世界予測

Asset Performance Management Market - Global Forecast to 2029

資産パフォーマンス管理市場 - ソリューション (資産信頼性管理、資産戦略管理、予測資産管理、資産ライフサイクル管理)、資産タイプ (固定、モバイル、生産、インフラストラクチャ、ネットワーク) - 2029年までの世界予測
Asset Performance Management Market by Solutions (Asset Reliability Management, Asset Strategy Management, Predictive Asset Management, Asset Lifecycle Management), Asset Type (Fixed, Mobile, Production, Infrastructure, Network) - Global Forecast to 2029

商品番号 : SMB-4469

出版社MarketsandMarkets
出版年月2024年10月
ページ数347
図表数381
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The asset performance management market is expected to grow from USD 1.91 billion in 2024 to USD 3.19 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period.

資産パフォーマンス管理市場は、予測期間中に10.8%の年間平均成長率(CAGR)で、2024年の19億1,000万米ドルから2029年までに31億9,000万米ドルに成長すると予想されています。

Live access to APM platform asset data allows operators, technicians, and management interaction — regardless of location. Moreover, APM systems are enhanced because myriad modern data analytics tools are integrated to understand asset health, predict possible breakdowns, and plan maintenance activities. And even on your staff plans, you must work smarter with asset inspections, recognition of operational failures, and automated on-screen feedback.

資産パフォーマンス管理市場 - 2029年までの世界予測 12
Asset Performance Management Market – Global Forecast to 2029

The growing trend toward designing mobile-oriented and user-friendly user interfaces, which provide better accessibility to all the relevant users, is yet another underlying element in the APM industry. These systems help organizations keep track of asset statuses, maintenance requirements, and performance indicators, thus improving management decision-making. Thanks to artificial intelligence and machine learning development, maintaining, managing, and using assets is more accessible with APM platforms that provide prescriptive maintenance ideas and instructions for individual assets. Therefore, businesses implementing modern APM systems enjoy increased asset uptime, less downtime, and operational effectiveness, resulting in more environmentally friendly and economical operations.

資産パフォーマンス管理市場 - 2029年までの世界予測
Asset Performance Management Market

“As per services, the professional services hold the largest market share during the forecast period. ”

Professional services, including consulting, support, maintenance, implementation, and integration services, dominate the asset performance management (APM) market and will account for the largest share throughout the forecast period. Such services, typically offered after product range sales, are vital for firms that seek to maximize the asset’s use and improve the operations’ overall effectiveness. They deal with tailoring solutions, linking new technology with old systems, and providing systems to ensure data is handled correctly and all laws are followed. As different sectors find ways of incorporating more advanced technologies, such as AI, IoT, blockchain, and many others, there will also be an increasing need for professional services owing to the sophistication of the surroundings and the level of deployment. This emphasizes the segment’s growth as it assists businesses in making data-driven decisions, being dynamic and responsive to changes in the APM market, and working towards sustainability, all of which will influence the APM market going forward.

“As per the asset type, the mobile assets segment will grow at the highest CAGR during the study period.

Among other sectors, mobile assets such as vehicles, construction machines, and portable tools are essential in logistics, construction, and transportation operations. The inherent characteristic of these sectors is the fast pace of operations, leading to abrasive usage, breakdowns, and inefficiencies. Hence, maintenance of these assets is vital since even a little downtime can cause operational disruption and increase costs. This segment is expected to grow in demand and be the most compounded mobile asset activity with the growth register for operational efficiencies and tracking. Organizations enhance their operational processes using focus regions and the latest information technologies to monitor performance, optimize repairs, and perform predictive maintenance. This change will allow businesses to reduce the number of reactive measures and enhance the efficiency of the lifecycle management of mobile equipment. That way, such mobile assets are kept in healthy operating conditions, and maintenance and downtime costs are minimized. Given the evolution of industries in the recent past, mobile asset management systems have been adopted, and this will certainly propel the growth of this segment in asset management as it provides helpful information for a very competitive market that is changing rapidly.

“As per deployment type, the on-premises segment holds the largest market share during the forecast period. ”

On-premises deployment of asset performance management (APM) solutions holds the largest market share due to its strong emphasis on data security, control, and customization, making it the preferred choice for industries like oil and gas, utilities, and manufacturing. These sectors deal with sensitive and controlled information and must adhere to stringent privacy policies. Such on-premises solutions allow companies to curtail risks, optimize business activities, and enhance enterprise capabilities while enjoying management of the entire environment. This conventional strategy guarantees self-sustaining operations minimizes security threats and improves customer service by making the provision of services more efficient and dependable. On top of that, on-premises APM solutions come with excellent capabilities such as capturing, analyzing, and reporting data stored in user’s servers, which is crucial for companies aiming at secured, eco-friendly, and expandable solutions. Cloud-based solutions have been on the rise over the years. However, large businesses still prefer on-premises deployments due to added safety and increased efficiency of operations, pushing the APM market to remain dominant on-premises throughout the forecast period.

資産パフォーマンス管理市場 - 2029年までの世界予測 region
Asset Performance Management Market – region

The breakup of the profiles of the primary participants is below:

  •  By Company: Tier I: 34%, Tier II: 43%, and Tier III: 23%
  •  By Designation: C-Level Executives: 50%, Director Level: 30%, and Others: 20%
  •  By Region: North America: 30%, Europe: 30%, Asia Pacific: 25%, Rest of World: 15%

Note: Others include sales managers, marketing managers, and product managers

Note: The rest of the World consists of the Middle East & Africa, and Latin America

Note: Tier 1 companies have revenues of more than USD 100 million; tier 2 companies’ revenue ranges from USD 10 million to USD 100 million; and tier 3 companies’ revenue is less than 10 million

Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis

Some of the significant vendors offering asset performance management  solutions and services across the globe include ABB (Switzerland), GE Vernova (US), AVEVA (UK),  IBM (US), SAP (Germany), Emerson (US), Rockwell Automation (US), DNV (US), Fluke (US), Bentley Systems (US), Siemens Energy (Germany), Oracle (US), Yokogawa (Japan), SAS (US), Arms Reliability (Australia), Synopsys (US), Honeywell (US), Prometheus Group (US), Hexagon (Sweden), Nexus Global (US), Detechtion Technologies (US), IPS Intelligent Process Solutions (Germany), Plasma (US), Tenna (US), Uptake (US), UpKeep (US), Shoreline AI (US), MentorAPM (US), Fracttal (Spain), MicroAI (US), VROC (Australia), Operational Sustainability (US), Qualer (US), and MaintainX (US).

資産パフォーマンス管理市場 - 2029年までの世界予測 ecosystem
Asset Performance Management Market – ecosystem

Research coverage:

The study provides an in-depth analysis of the asset performance management market from 2019 based on contemporary market trends and developments and its potential growth from 2024 to 2029. It provides detailed market trends, a competitive landscape, market size, forecasts, and analysis of the vital asset performance management players. This market study analyzes asset performance management growth rate and penetration across all the major regions.

Reasons to buy this report:

The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the overall asset performance management market and its subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of critical drivers (Need for asset performance management solutions for predictive maintenance, IoT and AI evolving asset performance management solutions, adoption of cloud-based  APM solutions, need for APM solutions to manage asset complexity, adoption of industrial automation to enhance efficiency ), restraints (high cost of implementation of APM solution and need for asset management under stringent data security and privacy regulations), opportunities (mobile APM solution maximizing asset management efficiency, advanced analytics to revolutionize asset performance management, digital twins enhancing APM solution, collaborative ecosystem boosting the adoption of APM solutions), and challenges (complexity in operating APM solutions, Shortage of skilled professionals, limited awareness and adoption of APM solutions) influencing the growth of the APM market.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the asset performance management market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the asset performance management market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the asset performance management market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and ABB (Switzerland), GE Vernova (US), AVEVA (UK), IBM (US), SAP (Germany), Emerson (US), Rockwell Automation (US), DNV (US), Fluke (US) and Bentley Systems (US), among others in the asset performance management market.

Table of Contents

1            INTRODUCTION            32

1.1         STUDY OBJECTIVES      32

1.2         MARKET DEFINITION   32

1.2.1      INCLUSIONS AND EXCLUSIONS 33

1.3         STUDY SCOPE  34

1.3.1      MARKET COVERED AND REGIONAL SCOPE       35

1.3.2      YEARS CONSIDERED     36

1.4         CURRENCY CONSIDERED          36

1.5         STAKEHOLDERS            37

1.6         SUMMARY OF CHANGES            37

2            RESEARCH METHODOLOGY     38

2.1         RESEARCH APPROACH 38

2.1.1      SECONDARY DATA       40

2.1.2      PRIMARY DATA 40

2.1.2.1   Breakup of primary profiles             41

2.1.2.2   Key insights from industry experts   41

2.2         DATA TRIANGULATION             42

2.3         MARKET SIZE ESTIMATION       43

2.4         MARKET FORECAST      47

2.5         RESEARCH ASSUMPTIONS         48

2.6         RESEARCH LIMITATIONS           49

3            EXECUTIVE SUMMARY 50

4            PREMIUM INSIGHTS      54

4.1         ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN ASSET PERFORMANCE MANAGEMENT (APM) MARKET             54

4.2         ASSET PERFORMANCE MANAGEMENT (APM) MARKET, BY OFFERING, 2024 VS. 2029     54

4.3        ASSET PERFORMANCE MANAGEMENT (APM) MARKET, BY ASSET TYPE, 2024 VS. 2029     55

4.4         ASSET PERFORMANCE MANAGEMENT (APM) MARKET, BY DEPLOYMENT TYPE,

2024 VS. 2029     55

4.5         ASSET PERFORMANCE MANAGEMENT (APM) MARKET, BY ORGANIZATION SIZE,

2024 VS. 2029   56

4.6         ASSET PERFORMANCE MANAGEMENT (APM) MARKET, BY VERTICAL, 2024 VS. 2029     56

4.7         ASSET PERFORMANCE MANAGEMENT (APM) MARKET: REGIONAL SCENARIO,

2024–2029         57

5            MARKET OVERVIEW AND INDUSTRY TRENDS   58

5.1         INTRODUCTION            58

5.2         MARKET DYNAMICS     58

5.2.1      DRIVERS            59

5.2.1.1   Surging demand for predictive maintenance  59

5.2.1.2   Integration of IoT and AI in evolving APM solutions   59

5.2.1.3   Rising adoption of cloud-based APM solutions            59

5.2.1.4   Increasing need for APM solutions to manage asset complexity 60

5.2.1.5   Adoption of industrial automation to enhance efficiency            60

5.2.2      RESTRAINTS     61

5.2.2.1   High implementation costs of APM solutions 61

5.2.2.2   Stringent data security and privacy regulations            61

5.2.3      OPPORTUNITIES           61

5.2.3.1   Rising adoption of mobile APM solutions      61

5.2.3.2   Increasing benefits of advanced analytics       62

5.2.3.3   Integration of digital twins into APM systems 62

5.2.3.4   Surging need for collaborative ecosystems to enhance APM solutions      63

5.2.4      CHALLENGES   63

5.2.4.1   Complexity of operating APM solutions         63

5.2.4.2   Shortage of skilled professionals and limited awareness of APM solutions 63

5.3         CASE STUDY ANALYSIS 64

5.3.1      AVEVA PREDICTIVE ANALYTICS HELPED TATA POWER ENHANCE EQUIPMENT RELIABILITY AND PERFORMANCE             64

5.3.2      OMAN GAS COMPANY OPTIMIZED ASSET PERFORMANCE BY IMPLEMENTING BENTLEY’S ASSETWISE ASSET RELIABILITY     64

5.3.3      IBM’S MAXIMO APPLICATION SUITE REVOLUTIONIZED DOWNER’S RAIL ASSET MANAGEMENT       65

5.3.4      GE DIGITAL’S ASSET PERFORMANCE MANAGEMENT (APM) HEALTH AND RELIABILITY SOFTWARE HELPED ABOITIZ POWER CORPORATION RESOLVE CHALLENGES IN ENERGY TRANSITION           65

5.3.5      EMERSON’S PLANTWEB HELPED SECCO LAUNCH MAJOR PETROCHEMICAL COMPLEX AHEAD OF SCHEDULE      66

5.3.6      ROCKWELL AUTOMATION HELPED ATLL IMPROVE OPERATIONAL EFFICIENCY AND WATER TREATMENT RELIABILITY SIGNIFICANTLY    67

5.4         SUPPLY CHAIN ANALYSIS          68

5.5         ECOSYSTEM     69

5.6         TECHNOLOGY ANALYSIS           71

5.6.1      KEY TECHNOLOGIES    71

5.6.1.1   Internet of Things (IoT)    71

5.6.1.2   Predictive analytics            71

5.6.2      COMPLEMENTARY TECHNOLOGIES     72

5.6.2.1   Cloud computing 72

5.6.2.2   Big data analytics 72

5.6.2.3   Blockchain           72

5.6.3      ADJACENT TECHNOLOGIES      73

5.6.3.1   AI/ML   73

5.6.3.2   AR/VR  73

5.7         PRICING ANALYSIS        73

5.7.1      AVERAGE SELLING PRICE (ASP) TREND OF KEY PLAYERS, BY OFFERING         73

5.8         PATENT ANALYSIS        74

5.9         PORTER’S FIVE FORCES ANALYSIS         77

5.9.1      THREAT OF NEW ENTRANTS    78

5.9.2      THREAT OF SUBSTITUTES         78

5.9.3      BARGAINING POWER OF BUYERS           78

5.9.4      BARGAINING POWER OF SUPPLIERS     79

5.9.5      INTENSITY OF COMPETITIVE RIVALRY 79

5.10       REGULATORY LANDSCAPE       79

5.10.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          79

5.10.2    REGULATIONS, BY REGION       82

5.11       TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       84

5.12       KEY STAKEHOLDERS AND BUYING CRITERIA    85

5.12.1    KEY STAKEHOLDERS IN BUYING PROCESS         85

5.12.2    BUYING CRITERIA         86

5.13       BUSINESS MODEL ANALYSIS     87

5.13.1    SUBSCRIPTION-BASED MODEL 87

5.13.2    PERPETUAL LICENSE-BASED MODEL    87

5.13.3    PAY-PER-USE MODEL   87

5.13.4    OUTCOME-BASED PRICING MODEL      87

5.13.5    FREEMIUM MODEL       87

5.13.6    CONSULTING AND SERVICE-BASED MODEL     88

5.14       KEY CONFERENCES AND EVENTS, 2024–2025     88

5.15       INVESTMENT AND FUNDING SCENARIO            89

5.16       IMPACT OF AI/GEN AI ON ASSET PERFORMANCE MANAGEMENT MARKET            90

5.16.1    INDUSTRY TRENDS: USE CASES 90

5.16.1.1 SCG Chemicals achieved near-perfect performance with AVEVA’s AI-integrated APM solutions     90

5.16.1.2 Shutterstock boosted efficiency and security with New Relic’s AI-driven observability tools 91

5.16.1.3 Shoreline AI’s industrial APM solution helped manufacturing company reduce operational risks and costs  92

5.16.2    TOP CLIENTS ADAPTING AI/GEN AI      92

5.16.2.1 IBM       92

5.16.2.2 SAS       92

5.16.2.3 Shoreline AI         93

5.16.3    ADOPTION TREND OF TRADITIONAL VS. AI/GEN-AI-BASED ASSET PERFORMANCE MANAGEMENT SOLUTIONS     93

6            ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING 95

6.1         INTRODUCTION            96

6.1.1      OFFERINGS: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS              96

6.2         SOLUTIONS      98

6.2.1      NEED FOR MANAGING ASSETS TO IMPROVE PRODUCTION WORKFLOW TO DRIVE MARKET            98

6.2.2      ASSET STRATEGY MANAGEMENT          99

6.2.2.1   Growing focus on gaining high return on assets to increase demand for asset strategy management solutions        99

6.2.2.2   Risk-Based Maintenance (RBM)     101

6.2.2.3   Reliability-Centered Maintenance (RCM)     101

6.2.2.4   Failure Modes and Effects Analysis (FMEA)  101

6.2.2.5   Preventive Maintenance Optimization (PMO)            102

6.2.3      ASSET RELIABILITY MANAGEMENT       102

6.2.3.1   Need to increase production, provide worker safety, and achieve on-time customer deliveries to boost market growth     102

6.2.3.2   Root Cause Analysis (RCA)             103

6.2.3.3   Asset Health Indexing        104

6.2.3.4   Reliability, Availability, and Maintainability (RAM) Analysis     104

6.2.3.5   Maintenance Task Optimization      104

6.2.4      PREDICTIVE ASSET MANAGEMENT       105

6.2.4.1   Need to maintain critical assets efficiently to fuel demand for predictive asset management solutions       105

6.2.4.2   Predictive maintenance     106

6.2.4.3   Machine Learning (ML) and AI-based predictions       107

6.2.4.4   Data-driven maintenance planning  107

6.2.4.5   Failure prediction and risk assessment           107

6.2.5      ASSET LIFECYCLE MANAGEMENT         108

6.2.5.1   Need to maximize asset value and improve operational efficiency to accelerate market growth     108

6.2.5.2   Asset planning and acquisition         109

6.2.5.3   Asset commissioning and deployment            109

6.2.5.4   Asset maintenance and operation    110

6.2.5.5   Asset decommissioning and disposal 110

6.2.6      WORK ORDER MANAGEMENT  110

6.2.6.1   Need for efficient task coordination, enhanced tracking, and reporting to foster market growth     110

6.2.6.2   Work order creation and scheduling 112

6.2.6.3   Resource allocation and planning     112

6.2.6.4   Work order execution and tracking   112

6.2.6.5   Reporting and documentation         113

6.2.7      OTHER SOLUTIONS      113

6.3         SERVICES          115

6.3.1      PROFESSIONAL SERVICES          116

6.3.1.1   Complexity of operations and increasing deployment of advanced technological solutions to boost demand for APM solutions 116

6.3.1.2   Implementation & integration          118

6.3.1.3   Consulting           119

6.3.1.4   Support & maintenance     120

6.3.2      MANAGED SERVICES    121

6.3.2.1   Need for real-time performance monitoring, predictive analytics, maintenance scheduling, and incident response to bolster market growth       121

7            ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE              122

7.1         INTRODUCTION            123

7.1.1      ASSET TYPES: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS            123

7.2         FIXED ASSETS   124

7.2.1      NEED TO ENSURE OPTIMAL PERFORMANCE, REDUCE DOWNTIME, AND EXTEND ASSET LIFE THROUGH PROACTIVE MAINTENANCE AND MONITORING TO PROPEL MARKET      124

7.3         MOBILE ASSETS             125

7.3.1      NEED TO ENSURE OPTIMAL PERFORMANCE, PREVENT BREAKDOWNS, AND MINIMIZE OPERATIONAL DISRUPTIONS TO FUEL MARKET GROWTH              125

7.4         PRODUCTION ASSETS  126

7.4.1      NEED TO ENHANCE OPERATIONAL EFFICIENCY AND MINIMIZE DOWNTIME TO BOOST DEMAND FOR PRODUCTION ASSETS   126

7.5         INFRASTRUCTURE ASSETS        127

7.5.1      NEED TO MANAGE INFRASTRUCTURE ASSETS EFFECTIVELY AND ENSURE SAFETY, RELIABILITY, AND OPTIMAL PERFORMANCE TO BOOST MARKET GROWTH        127

7.6         OTHER ASSET TYPES    128

8            ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE    130

8.1         INTRODUCTION            131

8.1.1      DEPLOYMENT TYPES: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS            131

8.2         ON-PREMISES   133

8.2.1      COMPANIES WITH LARGE BUDGETS AND TEAMS TO DRIVE ADOPTION OF ON-PREMISES DEPLOYMENT TYPE        133

8.3         CLOUD 134

8.3.1      COST-EFFECTIVENESS AND SCALABILITY TO BOOST DEMAND FOR CLOUD ASSET PERFORMANCE MANAGEMENT SOLUTIONS       134

9            ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE      135

9.1         INTRODUCTION            136

9.1.1      ORGANIZATION SIZES: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS         136

9.2         LARGE ENTERPRISES    138

9.2.1      NEED TO ENSURE OPERATIONAL EFFICIENCY, MINIMIZE DOWNTIME, AND OPTIMIZE RESOURCE UTILIZATION TO BOLSTER MARKET GROWTH              138

9.3         SMALL ENTERPRISES    139

9.3.1      ASSET PERFORMANCE MANAGEMENT SOLUTIONS TO OFFER PREDICTIVE MAINTENANCE, REAL-TIME MONITORING, AND RESOURCE OPTIMIZATION FEATURES        139

9.4         MEDIUM ENTERPRISES 140

9.4.1      NEED TO MAKE INFORMED DECISIONS, IMPROVE ASSET UTILIZATION, AND ENSURE COMPLIANCE WITH INDUSTRY STANDARDS TO PROPEL MARKET          140

10          ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL 141

10.1       INTRODUCTION            142

10.1.1    VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS              142

10.2       ENERGY & UTILITIES    144

10.2.1    ASSET PERFORMANCE MANAGEMENT SOLUTIONS TO HELP ENERGY & UTILITY ORGANIZATIONS MAXIMIZE LIFE OF EXISTING AND NEW ASSETS              144

10.2.2    ENERGY & UTILITIES: TYPES     145

10.2.2.1 Power generation 145

10.2.2.2 Water & wastewater utilities            146

10.2.2.3 Other energy & utility types             146

10.3       OIL & GAS          147

10.3.1    NEED TO ENHANCE OPERATIONAL SAFETY AND REDUCE COSTS TO FUEL DEMAND FOR ASSET PERFORMANCE MANAGEMENT SOLUTIONS              147

10.3.2    OIL & GAS: TYPES          148

10.3.2.1 Upstream (Exploration & production)           148

10.3.2.2 Midstream (Transportation & storage)          148

10.3.2.3 Downstream (Refining & distribution)          149

10.3.2.4 Other oil & gas types (Integrated & oilfield services)   149

10.4       MANUFACTURING        150

10.4.1    INCREASING CUSTOMER DEMAND AND CHANGING MARKET CONDITIONS TO ACCELERATE MARKET GROWTH        150

10.4.2    MANUFACTURING: TYPES         151

10.4.2.1 Discrete manufacturing     151

10.4.2.2 Process manufacturing       151

10.4.2.3 Heavy manufacturing        151

10.4.2.4 Other manufacturing types 152

10.5       GOVERNMENT & DEFENSE        152

10.5.1    NEED TO ENSURE OPERATIONAL READINESS, COMPLIANCE WITH REGULATIONS, AND EFFICIENT USE OF PUBLIC FUNDS TO DRIVE MARKET              152

10.5.2    GOVERNMENT & DEFENSE: TYPES        153

10.5.2.1 Defense infrastructure       153

10.5.2.2 Defense equipment            154

10.5.2.3 Public sector infrastructure              154

10.5.2.4 Other government & defense types  154

10.6       CHEMICALS & PETROCHEMICALS         155

10.6.1    NEED TO OPTIMIZE MAINTENANCE SCHEDULES AND IMPROVE PROCESS EFFICIENCY TO PROPEL MARKET      155

10.6.2    CHEMICALS & PETROCHEMICALS: TYPES          156

10.6.2.1 Petrochemicals & refining  156

10.6.2.2 Pharmaceuticals  156

10.6.2.3 Consumer chemicals          157

10.6.2.4 Other chemical & petrochemical types           157

10.7       TELECOMMUNICATIONS          158

10.7.1    NEED TO ENSURE TELECOM NETWORK RELIABILITY WITH PREDICTIVE MAINTENANCE TO FOSTER MARKET GROWTH     158

10.7.2    TELECOMMUNICATIONS: TYPES           159

10.7.2.1 Network infrastructure      159

10.7.2.2 Data centers        159

10.7.2.3 Transmission networks      159

10.7.2.4 Other telecommunication types       160

10.8       HEALTHCARE & LIFE SCIENCES 160

10.8.1    NEED TO ENSURE RELIABILITY, EFFICIENCY, AND REGULATORY COMPLIANCE OF CRITICAL MEDICAL EQUIPMENT AND IT SYSTEMS TO DRIVE MARKET            160

10.8.2    HEALTHCARE& LIFE SCIENCES: TYPES 161

10.8.2.1 Medical equipment            161

10.8.2.2 Biotechnology     162

10.8.2.3 Quality control laboratories             162

10.8.2.4 Other healthcare & life science types              163

10.9       CONSUMER GOODS, FOOD, AND BEVERAGES   163

10.9.1    NEED FOR OPTIMIZATION OF SUPPLY CHAIN TO ACCELERATE ADOPTION OF ASSET PERFORMANCE MANAGEMENT SOLUTIONS        163

10.9.2    CONSUMER GOODS & FOODS AND BEVERAGES: TYPES 164

10.9.2.1 Food & beverage manufacturing      164

10.9.2.2 Supply chain & logistics     164

10.9.2.3 Retail operations  165

10.9.2.4 Other consumer goods, food, and beverage types         165

10.10     OTHER VERTICALS       165

11          ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION     167

11.1       INTRODUCTION            168

11.2       NORTH AMERICA          169

11.2.1    NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS            169

11.2.2    NORTH AMERICA: MACROECONOMIC OUTLOOK          170

11.2.3    US         177

11.2.3.1 Presence of major vendors and high adoption rates driven by government agency to foster market growth      177

11.2.4    CANADA            179

11.2.4.1 Investments from tech companies to boost cloud environment to fuel market growth   179

11.3       EUROPE             180

11.3.1    EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS              181

11.3.2    EUROPE: MACROECONOMIC OUTLOOK            181

11.3.3    UK         187

11.3.3.1 Increasing demand for APM solutions to enhance organizational performance to fuel market          187

11.3.4    GERMANY         189

11.3.4.1 Need to streamline maintenance operations, optimize asset performance, ensure regulatory adherence, and enhance operational efficiency to drive market 189

11.3.5    FRANCE             190

11.3.5.1 Need for enhanced operational efficiency, regulatory compliance, sustainability across key sectors, and availability of highly skilled professionals to propel market 190

11.3.6    ITALY   192

11.3.6.1 Need for enhanced asset reliability, operational efficiency, and regulatory compliance to accelarate market growth         192

11.3.7    REST OF EUROPE           193

11.4       ASIA PACIFIC    194

11.4.1    ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS            195

11.4.2    ASIA PACIFIC: MACROECONOMIC OUTLOOK    195

11.4.3    CHINA  202

11.4.3.1 Strong manufacturing base, exportation of manufactured goods globally, and government’s initiatives for R&D and investments to boost market growth            202

11.4.4    INDIA   204

11.4.4.1 Government initiatives booting digital transformation and push for sustainability and compliance to bolster market growth       204

11.4.5    JAPAN  205

11.4.5.1 Shift toward focus on lowering TCO to fuel market growth        205

11.4.6    REST OF ASIA PACIFIC  207

11.5       MIDDLE EAST & AFRICA             208

11.5.1    MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS         209

11.5.2    MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK            209

11.5.3    GULF COOPERATION COUNCIL (GCC) COUNTRIES       216

11.5.3.1 UAE      218

11.5.3.1.1            Strong focus on industrial modernization and digital transformation to boost demand for APM solutions     218

11.5.3.2 Saudi Arabia        218

11.5.3.2.1            Stringent regulatory framework and compliance standards, industrial focus, and Saudi Vision 2030 to boost market growth   218

11.5.3.3 Rest of GCC countries       219

11.5.4    SOUTH AFRICA 219

11.5.4.1 Need to improve asset reliability, enhance operational efficiency, and minimize downtime to propel market 219

11.5.5    REST OF MIDDLE EAST & AFRICA           220

11.6       LATIN AMERICA             222

11.6.1    LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET DRIVERS            222

11.6.2    LATIN AMERICA: MACROECONOMIC OUTLOOK            222

11.6.3    BRAZIL 229

11.6.3.1 Thriving presence of oil & gas industry and National Innovation Policy to foster market growth     229

11.6.4    MEXICO             230

11.6.4.1 Need to optimize performance of critical infrastructure and implementation of National Digital Strategy to bolster market growth       230

11.7       REST OF LATIN AMERICA          232

12          COMPETITIVE LANDSCAPE       234

12.1       OVERVIEW        234

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2023     234

12.3       REVENUE ANALYSIS, 2021–2023 236

12.4       MARKET SHARE ANALYSIS, 2023             237

12.5       BRAND/PRODUCT COMPARISON          239

12.5.1    AVEVA: AVEVA APM 4.0 239

12.5.2    ABB: ABB ABILITY GENIX APM  239

12.5.3    GE VERNOVA: ASSET PERFORMANCE MANAGEMENT (APM)     239

12.5.4    SAP: SAP ASSET PERFORMANCE MANAGEMENT             239

12.5.5    IBM: IBM MAXIMO         239

12.6       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   240

12.6.1    STARS  241

12.6.2    EMERGING LEADERS    241

12.6.3    PERVASIVE PLAYERS     241

12.6.4    PARTICIPANTS 241

12.6.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      243

12.6.5.1 Company footprint            243

12.6.5.2 Regional footprint              244

12.6.5.3 Offering footprint 244

12.6.5.4 Deployment type footprint 245

12.6.5.5 Vertical footprint 245

12.7       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          246

12.7.1    PROGRESSIVE COMPANIES       246

12.7.2    RESPONSIVE COMPANIES          246

12.7.3    DYNAMIC COMPANIES 246

12.7.4    STARTING BLOCKS       246

12.7.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             248

12.7.5.1 Detailed list of key startups/SMEs   248

12.7.6    COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         249

12.8       COMPANY VALUATION AND FINANCIAL METRICS, 2024             249

12.9       COMPETITIVE SCENARIO          251

12.9.1    PRODUCT LAUNCHES AND ENHANCEMENTS   251

12.9.2    DEALS  254

13          COMPANY PROFILES    259

13.1       INTRODUCTION            259

13.2       MAJOR PLAYERS            259

13.2.1    AVEVA 259

13.2.1.1 Business overview 259

13.2.1.2 Products/Solutions/Services offered 261

13.2.1.3 Recent developments         263

13.2.1.3.1            Product launches and enhancements             263

13.2.1.3.2            Deals     263

13.2.1.4 MnM view           264

13.2.1.4.1            Right to win         264

13.2.1.4.2            Strategic choices  264

13.2.1.4.3            Weaknesses and competitive threats 264

13.2.2    ABB       265

13.2.2.1 Business overview 265

13.2.2.2 Products/Solutions/Services offered 267

13.2.2.3 Recent developments         267

13.2.2.3.1            Product launches and enhancements             267

13.2.2.3.2            Deals     268

13.2.2.4 MnM view           269

13.2.2.4.1            Right to win         269

13.2.2.4.2            Strategic choices  269

13.2.2.4.3            Weaknesses and competitive threats 269

13.2.3    GE VERNOVA    270

13.2.3.1 Business overview 270

13.2.3.2 Products/Solutions/Services offered 272

13.2.3.3 Recent developments         273

13.2.3.3.1            Product launches and enhancements             273

13.2.3.3.2            Deals     274

13.2.3.4 MnM view           274

13.2.3.4.1            Right to win         274

13.2.3.4.2            Strategic choices  274

13.2.3.4.3            Weaknesses and competitive threats 274

13.2.4    SAP       275

13.2.4.1 Business overview 275

13.2.4.2 Products/Solutions/Services offered 277

13.2.4.3 Recent developments         277

13.2.4.3.1            Product launches and enhancements             277

13.2.4.3.2            Deals     278

13.2.4.4 MnM view           278

13.2.4.4.1            Right to win         278

13.2.4.4.2            Strategic choices  279

13.2.4.4.3            Weaknesses and competitive threats 279

13.2.5    IBM       280

13.2.5.1 Business overview 280

13.2.5.2 Products/Solutions/Services offered 282

13.2.5.3 Recent developments         282

13.2.5.3.1            Product launches and enhancements             282

13.2.5.3.2            Deals     283

13.2.5.4 MnM view           284

13.2.5.4.1            Right to win         284

13.2.5.4.2            Strategic choices  284

13.2.5.4.3            Weaknesses and competitive threats 284

13.2.6    ROCKWELL AUTOMATION        285

13.2.6.1 Business overview 285

13.2.6.2 Products/Solutions/Services offered 287

13.2.6.3 Recent developments         288

13.2.6.3.1            Product launches and enhancements             288

13.2.6.3.2            Deals     288

13.2.7    EMERSON          289

13.2.7.1 Business overview 289

13.2.7.2 Products/Solutions/Services offered 290

13.2.7.3 Recent developments         291

13.2.7.3.1            Product launches and enhancements             291

13.2.7.3.2            Deals     292

13.2.8    DNV      293

13.2.8.1 Business overview 293

13.2.8.2 Products/Solutions/Services offered 295

13.2.9    FLUKE  296

13.2.9.1 Business overview 296

13.2.9.2 Products/Solutions/Services offered 296

13.2.9.3 Recent developments         297

13.2.9.3.1            Product launches and enhancements             297

13.2.9.3.2            Deals     298

13.2.10  BENTLEY SYSTEMS       299

13.2.10.1             Business overview 299

13.2.10.2             Products/Solutions/Services offered 300

13.2.10.3             Recent developments         303

13.2.10.3.1          Product launches and enhancements             303

13.2.10.3.2          Deals     303

13.3       OTHER PLAYERS           304

13.3.1    SIEMENS ENERGY          304

13.3.2    ORACLE             305

13.3.3    YOKOGAWA     306

13.3.4    SAS       307

13.3.5    ARMS RELIABILITY        308

13.3.6    SYNOPSYS         309

13.3.7    HONEYWELL    310

13.3.8    PROMETHEUS GROUP 311

13.3.9    HEXAGON         312

13.3.10  NEXUS GLOBAL             313

13.3.11  DETECHTION TECHNOLOGIES 314

13.3.12  IPS INTELLIGENT PROCESS SOLUTIONS            315

13.3.13  PLASMA             316

13.4       STARTUPS/SMES           317

13.4.1    TENNA 317

13.4.2    UPTAKE             318

13.4.3    UPKEEP             319

13.4.4    SHORELINE AI  320

13.4.5    MENTOR APM  321

13.4.6    FRACTTAL        322

13.4.7    MICROAI            323

13.4.8    VROC   324

13.4.9    OPERATIONAL SUSTAINABILITY           325

13.4.10  QUALER            326

13.4.11  MAINTAINX      327

14          ADJACENT/RELATED MARKETS             328

14.1       INTRODUCTION            328

14.2       LIMITATIONS   328

14.3       ASSET PERFORMANCE MANAGEMENT ECOSYSTEM AND ADJACENT MARKETS          328

14.4       ENTERPRISE ASSET MANAGEMENT MARKET    328

14.5       DIGITAL ASSET MANAGEMENT MARKET           333

15          APPENDIX         337

15.1       DISCUSSION GUIDE      337

15.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             343

15.3       CUSTOMIZATION OPTIONS      345

15.4       RELATED REPORTS       345

15.5       AUTHOR DETAILS         346

LIST OF TABLES

TABLE 1             USD EXCHANGE RATES, 2018–2023         37

TABLE 2             FACTOR ANALYSIS        47

TABLE 3             ASSET PERFORMANCE MANAGEMENT MARKET: ECOSYSTEM              70

TABLE 4             AVERAGE SELLING PRICE TREND, BY SOLUTION, 2024  74

TABLE 5             INDICATIVE PRICING ANALYSIS OF ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION, 2024   74

TABLE 6             LIST OF MAJOR PATENTS FOR ASSET PERFORMANCE MANAGEMENT MARKET            75

TABLE 7             ASSET PERFORMANCE MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 77

TABLE 8             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 79

TABLE 9             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 80

TABLE 10           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 81

TABLE 11           REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

TABLE 12           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS             86

TABLE 13           KEY BUYING CRITERIA FOR TOP THREE VERTICALS     86

TABLE 14           ASSET PERFORMANCE MANAGEMENT MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025             88

TABLE 15           ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)          97

TABLE 16           ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)          97

TABLE 17          ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)          99

TABLE 18          ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)          99

TABLE 19           ASSET STRATEGY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            100

TABLE 20           ASSET STRATEGY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            100

TABLE 21           ASSET RELIABILITY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            103

TABLE 22           ASSET RELIABILITY MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            103

TABLE 23           PREDICTIVE ASSET MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            106

TABLE 24           PREDICTIVE ASSET MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            106

TABLE 25           ASSET LIFECYCLE MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            108

TABLE 26           ASSET LIFECYCLE MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            109

TABLE 27           WORK ORDER MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)  111

TABLE 28           WORK ORDER MANAGEMENT: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  111

TABLE 29           OTHER SOLUTIONS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            114

TABLE 30           OTHER SOLUTIONS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            114

TABLE 31           ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)          115

TABLE 32           ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)          115

TABLE 33           ASSET PERFORMANCE MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)      116

TABLE 34           ASSET PERFORMANCE MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)      117

TABLE 35           PROFESSIONAL SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)  117

TABLE 36           PROFESSIONAL SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  117

TABLE 37           IMPLEMENTATION & INTEGRATION: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            118

TABLE 38           IMPLEMENTATION & INTEGRATION: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            118

TABLE 39          CONSULTING: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)          119

TABLE 40          CONSULTING: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)          119

TABLE 41           SUPPORT & MAINTENANCE: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)  120

TABLE 42           SUPPORT & MAINTENANCE: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  120

TABLE 43           MANAGED SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            121

TABLE 44           MANAGED SERVICES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            121

TABLE 45           ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE,

2019–2023 (USD MILLION)          124

TABLE 46           ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE,

2024–2029 (USD MILLION)          124

TABLE 47          FIXED ASSETS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)          125

TABLE 48          FIXED ASSETS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)          125

TABLE 49           MOBILE ASSETS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            126

TABLE 50           MOBILE ASSETS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            126

TABLE 51           PRODUCTION ASSETS: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)  127

TABLE 52           PRODUCTION ASSETS: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  127

TABLE 53           INFRASTRUCTURE ASSETS: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)  128

TABLE 54           INFRASTRUCTURE ASSETS: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  128

TABLE 55           OTHER ASSET TYPES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            129

TABLE 56           OTHER ASSET TYPES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            129

TABLE 57           ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE,

2019–2023 (USD MILLION)          132

TABLE 58           ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE,

2024–2029 (USD MILLION)          132

TABLE 59          ON-PREMISES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)  133

TABLE 60          ON-PREMISES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)  133

TABLE 61           CLOUD: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)          134

TABLE 62           CLOUD: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)          134

TABLE 63           ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)          137

TABLE 64           ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE,

2024–2029 (USD MILLION)          137

TABLE 65           LARGE ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            138

TABLE 66           LARGE ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            138

TABLE 67           SMALL ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            139

TABLE 68           SMALL ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            139

TABLE 69           MEDIUM-SIZED ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)  140

TABLE 70           MEDIUM-SIZED ENTERPRISES: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  140

TABLE 71           ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL,

2019–2023 (USD MILLION)          143

TABLE 72           ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL,

2024–2029 (USD MILLION)          144

TABLE 73           ENERGY & UTILITIES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            145

TABLE 74           ENERGY & UTILITIES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            145

TABLE 75           OIL & GAS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)          147

TABLE 76           OIL & GAS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)          148

TABLE 77           MANUFACTURING: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            150

TABLE 78           MANUFACTURING: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            150

TABLE 79           GOVERNMENT & DEFENSE: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)  153

TABLE 80           GOVERNMENT & DEFENSE: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  153

TABLE 81           CHEMICALS & PETROCHEMICALS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            155

TABLE 82           CHEMICALS & PETROCHEMICALS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            156

TABLE 83           TELECOMMUNICATIONS: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2019–2023 (USD MILLION)  158

TABLE 84           TELECOMMUNICATIONS: ASSET PERFORMANCE MANAGEMENT MARKET,

BY REGION, 2024–2029 (USD MILLION)  158

TABLE 85           HEALTHCARE & LIFE SCIENCES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            161

TABLE 86           HEALTHCARE & LIFE SCIENCES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            161

TABLE 87           CONSUMER GOODS, FOOD, AND BEVERAGES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)          163

TABLE 88           CONSUMER GOODS, FOOD, AND BEVERAGES: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)          164

TABLE 89           OTHER VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)            166

TABLE 90           OTHER VERTICALS: ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)            166

TABLE 91           ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2019–2023 (USD MILLION)          168

TABLE 92           ASSET PERFORMANCE MANAGEMENT MARKET, BY REGION,

2024–2029 (USD MILLION)          169

TABLE 93           NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)        171

TABLE 94           NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)        172

TABLE 95           NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)       172

TABLE 96           NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)       172

TABLE 97           NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)            173

TABLE 98           NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)            173

TABLE 99           NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 173

TABLE 100         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 173

TABLE 101         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ASSET TYPE, 2019–2023 (USD MILLION          174

TABLE 102         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ASSET TYPE, 2024–2029 (USD MILLION)         174

TABLE 103         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        174

TABLE 104         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE 2024–2029 (USD MILLION)         175

TABLE 105         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       175

TABLE 106         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       175

TABLE 107         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)         176

TABLE 108         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)         176

TABLE 109         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)         177

TABLE 110         NORTH AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)         177

TABLE 111         US: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            178

TABLE 112         US: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            178

TABLE 113         US: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 178

TABLE 114         US: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 179

TABLE 115         CANADA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            179

TABLE 116         CANADA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            180

TABLE 117         CANADA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 180

TABLE 118         CANADA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 180

TABLE 119         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)          181

TABLE 120         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)          182

TABLE 121         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION,

2019–2023 (USD MILLION)          182

TABLE 122         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION,

2024–2029 (USD MILLION)          182

TABLE 123         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)          183

TABLE 124         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)          183

TABLE 125         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION)      183

TABLE 126         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION)      183

TABLE 127         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE,

2019–2023 (USD MILLION)          184

TABLE 128         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE,

2024–2029 (USD MILLION)          184

TABLE 129         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 184

TABLE 130         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE 2024–2029 (USD MILLION) 185

TABLE 131         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            185

TABLE 132         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            185

TABLE 133         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL,

2019–2023 (USD MILLION)          186

TABLE 134         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL,

2024–2029 (USD MILLION)          186

TABLE 135         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY,

2019–2023 (USD MILLION)          187

TABLE 136         EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          187

TABLE 137         UK: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            188

TABLE 138         UK: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            188

TABLE 139         UK: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 188

TABLE 140         UK: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 188

TABLE 141         GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            189

TABLE 142         GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            189

TABLE 143         GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 190

TABLE 144         GERMANY: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 190

TABLE 145         FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            191

TABLE 146         FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            191

TABLE 147         FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 191

TABLE 148         FRANCE: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 191

TABLE 149         ITALY: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            192

TABLE 150         ITALY: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            192

TABLE 151         ITALY: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 193

TABLE 152         ITALY: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 193

TABLE 153         REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       193

TABLE 154         REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       194

TABLE 155         REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        194

TABLE 156         REST OF EUROPE: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)        194

TABLE 157         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)            196

TABLE 158         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)            197

TABLE 159         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)           197

TABLE 160         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)           197

TABLE 161         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE,

2019–2023 (USD MILLION)          198

TABLE 162         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE,

2024–2029 (USD MILLION)          198

TABLE 163         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 198

TABLE 164         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 198

TABLE 165         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE, 2019–2023 (USD MILLION          199

TABLE 166         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE, 2024–2029 (USD MILLION)         199

TABLE 167         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        199

TABLE 168         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE 2024–2029 (USD MILLION)         200

TABLE 169         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       200

TABLE 170         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       200

TABLE 171         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)            201

TABLE 172         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)            201

TABLE 173         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)            202

TABLE 174         ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            202

TABLE 175         CHINA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            203

TABLE 176         CHINA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            203

TABLE 177         CHINA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 203

TABLE 178         CHINA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 203

TABLE 179         INDIA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            204

TABLE 180         INDIA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            204

TABLE 181         INDIA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 205

TABLE 182         INDIA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 205

TABLE 183         JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            206

TABLE 184         JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            206

TABLE 185         JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 206

TABLE 186         JAPAN: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 206

TABLE 187         REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       207

TABLE 188         REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       207

TABLE 189         REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        208

TABLE 190         REST OF ASIA PACIFIC: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)        208

TABLE 191         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY OFFERING, 2019–2023 (USD MILLION)            210

TABLE 192         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY OFFERING, 2024–2029 (USD MILLION)            210

TABLE 193         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY SOLUTION, 2019–2023 (USD MILLION)           210

TABLE 194         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY SOLUTION, 2024–2029 (USD MILLION)           211

TABLE 195         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY SERVICE, 2019–2023 (USD MILLION) 211

TABLE 196         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY SERVICE, 2024–2029 (USD MILLION) 211

TABLE 197         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 212

TABLE 198         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 212

TABLE 199         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ASSET TYPE, 2019–2023 (USD MILLION          212

TABLE 200         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ASSET TYPE, 2024–2029 (USD MILLION)         213

TABLE 201         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        213

TABLE 202         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)        213

TABLE 203         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       214

TABLE 204         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       214

TABLE 205         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY VERTICAL, 2019–2023 (USD MILLION)            214

TABLE 206         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY VERTICAL, 2024–2029 (USD MILLION)            215

TABLE 207         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY COUNTRY, 2019–2023 (USD MILLION)            215

TABLE 208         MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            215

TABLE 209         GCC COUNTRIES: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)         216

TABLE 210         GCC COUNTRIES: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)         216

TABLE 211         GCC COUNTRIES: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       217

TABLE 212         GCC COUNTRIES: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       217

TABLE 213         GCC COUNTRIES: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        217

TABLE 214         GCC COUNTRIES: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)        218

TABLE 215         SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)   219

TABLE 216         SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)   219

TABLE 217         SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)     220

TABLE 218         SOUTH AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)     220

TABLE 219         REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)              220

TABLE 220         REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)              221

TABLE 221         REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)              221

TABLE 222         REST OF MIDDLE EAST & AFRICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)              221

TABLE 223         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)        223

TABLE 224         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY OFFERING, 2024–2029 (USD MILLION)        223

TABLE 225         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION, 2019–2023 (USD MILLION)       223

TABLE 226         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY SOLUTION, 2024–2029 (USD MILLION)       224

TABLE 227         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE, 2019–2023 (USD MILLION)            224

TABLE 228         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY SERVICE, 2024–2029 (USD MILLION)            224

TABLE 229         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 225

TABLE 230         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 225

TABLE 231         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE, 2019–2023 (USD MILLION       225

TABLE 232         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY ASSET TYPE, 2024–2029 (USD MILLION)     226

TABLE 233         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)     226

TABLE 234         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)     226

TABLE 235         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       227

TABLE 236         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       227

TABLE 237         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)         227

TABLE 238         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)         228

TABLE 239         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY, 2019–2023 (USD MILLION)         228

TABLE 240         LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET, BY COUNTRY, 2024–2029 (USD MILLION)         228

TABLE 241         BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            229

TABLE 242         BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            229

TABLE 243         BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 230

TABLE 244         BRAZIL: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 230

TABLE 245         MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)            231

TABLE 246         MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)            231

TABLE 247         MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION) 231

TABLE 248         MEXICO: ASSET PERFORMANCE MANAGEMENT MARKET, BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION) 231

TABLE 249         REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)       232

TABLE 250         REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)       232

TABLE 251         REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2019–2023 (USD MILLION)        232

TABLE 252         REST OF LATIN AMERICA: ASSET PERFORMANCE MANAGEMENT MARKET,

BY DEPLOYMENT TYPE, 2024–2029 (USD MILLION)        233

TABLE 253         OVERVIEW OF STRATEGIES ADOPTED BY KEY ASSET PERFORMANCE MANAGEMENT MARKET VENDORS      234

TABLE 254         ASSET PERFORMANCE MANAGEMENT MARKET: DEGREE OF COMPETITION 238

TABLE 255         ASSET PERFORMANCE MANAGEMENT MARKET: REGIONAL FOOTPRINT      244

TABLE 256         ASSET PERFORMANCE MANAGEMENT MARKET: OFFERING FOOTPRINT      244

TABLE 257         ASSET PERFORMANCE MANAGEMENT MARKET: DEPLOYMENT TYPE FOOTPRINT          245

TABLE 258         ASSET PERFORMANCE MANAGEMENT MARKET: VERTICAL FOOTPRINT      245

TABLE 259         ASSET PERFORMANCE MANAGEMENT MARKET: KEY STARTUPS/SMES           248

TABLE 260         ASSET PERFORMANCE MANAGAMENT MARKET:

COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         249

TABLE 261         ASSET PERFORMANCE MANAGEMENT MARKET: PRODUCT LAUNCHES

AND ENHANCEMENTS, OCTOBER 2022–AUGUST 2024   251

TABLE 262         ASSET PERFORMANCE MANAGEMENT MARKET: DEALS,

AUGUST 2021–SEPTEMBER 2024 254

TABLE 263         AVEVA: COMPANY OVERVIEW  259

TABLE 264         AVEVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED   261

TABLE 265         AVEVA: PRODUCT LAUNCHES AND ENHANCEMENTS   263

TABLE 266         AVEVA: DEALS 263

TABLE 267         ABB: COMPANY OVERVIEW       265

TABLE 268         ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED        267

TABLE 269         ABB: PRODUCT LAUNCHES AND ENHANCEMENTS        267

TABLE 270         ABB: DEALS      268

TABLE 271         GE VERNOVA: COMPANY OVERVIEW    270

TABLE 272         GE VERNOVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED              272

TABLE 273         GE VERNOVA: PRODUCT LAUNCHES AND ENHANCEMENTS              273

TABLE 274         GE VERNOVA: DEALS    274

TABLE 275         SAP: COMPANY OVERVIEW       275

TABLE 276         SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED        277

TABLE 277         SAP: PRODUCT LAUNCHES AND ENHANCEMENTS        277

TABLE 278         SAP: DEALS       278

TABLE 279         IBM: COMPANY OVERVIEW       280

TABLE 280         IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED        282

TABLE 281         IBM: PRODUCT LAUNCHES AND ENHANCEMENTS        282

TABLE 282         IBM: DEALS       283

TABLE 283         ROCKWELL AUTOMATION: COMPANY OVERVIEW        285

TABLE 284         ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   287

TABLE 285         ROCKWELL AUTOMATION: PRODUCT LAUNCHES AND ENHANCEMENTS          288

TABLE 286         ROCKWELL AUTOMATION: DEALS        288

TABLE 287         EMERSON: COMPANY OVERVIEW          289

TABLE 288         EMERSON: PRODUCTS/SOLUTIONS/SERVICES OFFERED              290

TABLE 289         EMERSON: PRODUCT LAUNCHES AND ENHANCEMENTS              291

TABLE 290         EMERSON: DEALS          292

TABLE 291         DNV: COMPANY OVERVIEW      293

TABLE 292         DNV: PRODUCTS/SOLUTIONS/SERVICES OFFERED       295

TABLE 293         FLUKE: COMPANY OVERVIEW  296

TABLE 294         FLUKE: PRODUCTS/SOLUTIONS/SERVICES OFFERED   296

TABLE 295         FLUKE: PRODUCT LAUNCHES AND ENHANCEMENTS   297

TABLE 296         FLUKE: DEALS  298

TABLE 297         BENTLEY SYSTEMS: COMPANY OVERVIEW        299

TABLE 298         BENTLEY SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          300

TABLE 299         BENTLEY SYSTEMS: PRODUCT LAUNCHES AND ENHANCEMENTS          303

TABLE 300         BENTLEY SYSTEMS: DEALS        303

TABLE 301         ADJACENT MARKETS AND FORECASTS 328

TABLE 302         ENTERPRISE ASSET MANAGEMENT MARKET, BY OFFERING,

2018–2022 (USD MILLION)          329

TABLE 303         ENTERPRISE ASSET MANAGEMENT MARKET, BY OFFERING,

2023–2028 (USD MILLION)          329

TABLE 304         ENTERPRISE ASSET MANAGEMENT MARKET, BY SERVICE,

2018–2022 (USD MILLION)          329

TABLE 305         ENTERPRISE ASSET MANAGEMENT MARKET, BY SERVICE,

2023–2028 (USD MILLION)          329

TABLE 306         ENTERPRISE ASSET MANAGEMENT MARKET, BY APPLICATION,

2018–2022 (USD MILLION)          330

TABLE 307         ENTERPRISE ASSET MANAGEMENT MARKET, BY APPLICATION,

2023–2028 (USD MILLION)          330

TABLE 308         ENTERPRISE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL,

2018–2022 (USD MILLION)          331

TABLE 309         ENTERPRISE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL,

2023–2028 (USD MILLION)          331

TABLE 310         ENTERPRISE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE,

2018–2022 (USD MILLION)          331

TABLE 311         ENTERPRISE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE,

2023–2028 (USD MILLION)          331

TABLE 312         ENTERPRISE ASSET MANAGEMENT MARKET, BY VERTICAL,

2018–2022 (USD MILLION)          332

TABLE 313         ENTERPRISE ASSET MANAGEMENT MARKET, BY VERTICAL,

2023–2028 (USD MILLION)          332

TABLE 314         ENTERPRISE ASSET MANAGEMENT MARKET, BY REGION,

2018–2022 (USD MILLION)          333

TABLE 315         ENTERPRISE ASSET MANAGEMENT MARKET, BY REGION,

2023–2028 (USD MILLION)          333

TABLE 316         DIGITAL ASSET MANAGEMENT MARKET, BY OFFERING,

2019–2023 (USD MILLION)          333

TABLE 317         DIGITAL ASSET MANAGEMENT MARKET, BY OFFERING,

2024–2029 (USD MILLION)          334

TABLE 318         DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION,

2019–2023 (USD MILLION)          334

TABLE 319         DIGITAL ASSET MANAGEMENT MARKET, BY BUSINESS FUNCTION,

2024–2029 (USD MILLION)          334

TABLE 320         DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE,

2019–2023 (USD MILLION)          335

TABLE 321         DIGITAL ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE,

2024–2029 (USD MILLION)          335

TABLE 322         DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL, 2019–2023 (USD MILLION)     335

TABLE 323         DIGITAL ASSET MANAGEMENT MARKET, BY VERTICAL, 2024–2029 (USD MILLION)     336

TABLE 324         DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)     336

TABLE 325         DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2024–2029 (USD MILLION)     336

LIST OF FIGURES

FIGURE 1           ASSET PERFORMANCE MANAGEMENT MARKET: SEGMENTATION AND

REGIONAL SCOPE         35

FIGURE 2           ASSET PERFORMANCE MANAGEMENT MARKET: RESEARCH DESIGN              39

FIGURE 3           BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,

AND REGION    41

FIGURE 4           ASSET PERFORMANCE MANAGEMENT MARKET: TOP-DOWN AND

BOTTOM-UP APPROACHES       43

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS          45

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY – BOTTOM-UP APPROACH

(SUPPLY SIDE): COLLECTIVE REVENUE OF APM VENDORS        45

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH FROM

SUPPLY SIDE – COLLECTIVE REVENUE OF VENDORS     46

FIGURE 8           DEMAND-SIDE APPROACH: APM MARKET         46

FIGURE 9           NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD      51

FIGURE 10         FASTEST-GROWING SEGMENTS OF ASSET PERFORMANCE MANAGEMENT (APM) MARKET 52

FIGURE 11         NEED FOR REAL-TIME DATA ANALYTICS TO OPTIMIZE ASSET PERFORMANCE

TO DRIVE MARKET GROWTH   54

FIGURE 12         SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD      54

FIGURE 13         FIXED ASSETS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    55

FIGURE 14         ON-PREMISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD      55

FIGURE 15         LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    56

FIGURE 16         ENERGY & UTILITIES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    56

FIGURE 17         ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENT IN NEXT FIVE YEARS     57

FIGURE 18         ASSET PERFORMANCE MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES       58

FIGURE 19         ASSET PERFORMANCE MANAGEMENT MARKET: SUPPLY CHAIN ANALYSIS           68

FIGURE 20         KEY PLAYERS IN ASSET PERFORMANCE MANAGEMENT MARKET ECOSYSTEM   71

FIGURE 21         PATENT ANALYSIS, 2013–2023   75

FIGURE 22         ASSET PERFORMANCE MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 77

FIGURE 23         ASSET PERFORMANCE MANAGEMENT MARKET: TRENDS AND DISRUPTIONS INFLUENCING CUSTOMER BUSINESS      84

FIGURE 24         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY VERTICALS             85

FIGURE 25         KEY BUYING CRITERIA FOR TOP THREE VERTICALS     86

FIGURE 26         INVESTMENT AND FUNDING SCENARIO OF MAJOR ASSET PERFORMANCE MANAGEMENT COMPANIES, 2024         89

FIGURE 27         ADOPTION TREND OF TRADITIONAL VS. AI-/GEN-AI-BASED ASSET PERFORMANCE MANAGEMENT SOLUTIONS       94

FIGURE 28         SOLUTIONS SEGMENT TO HOLD LARGER MARKET DURING FORECAST PERIOD       96

FIGURE 29         ASSET RELIABILITY MANAGEMENT SEGMENT TO WITNESS HIGHEST

CAGR DURING FORECAST PERIOD        98

FIGURE 30         MANAGED SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING

FORECAST PERIOD       115

FIGURE 31         IMPLEMENTATION & INTEGRATION SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD     116

FIGURE 32         MOBILE ASSETS SEGMENT TO RECORD HIGHEST CAGR DURING

FORECAST PERIOD       123

FIGURE 33         CLOUD DEPLOYMENT TYPE TO ACCOUNT FOR HIGHER CAGR DURING

FORECAST PERIOD       132

FIGURE 34         SMALL ENTERPRISES SEGMENT TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD        137

FIGURE 35         ENERGY & UTILITIES VERTICAL TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD   143

FIGURE 36         NORTH AMERICA TO HOLD LARGEST MARKET DURING FORECAST PERIOD       168

FIGURE 37         NORTH AMERICA: MARKET SNAPSHOT 171

FIGURE 38         ASIA PACIFIC: MARKET SNAPSHOT       196

FIGURE 39         REVENUE ANALYSIS FOR KEY COMPANIES IN PAST THREE YEARS  236

FIGURE 40         MARKET SHARE ANALYSIS, 2023             237

FIGURE 41         BRAND/ PRODUCT COMPARISON          240

FIGURE 42         ASSET PERFORMANCE MANAGEMENT MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023      242

FIGURE 43         ASSET PERFORMANCE MANAGEMENT MARKET: COMPANY FOOTPRINT      243

FIGURE 44         ASSET PERFORMANCE MANAGEMENT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 247

FIGURE 45         COMPANY VALUATION OF KEY PLAYERS, 2024 249

FIGURE 46         FINANCIAL METRICS    250

FIGURE 47         YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK

BETA OF KEY VENDORS             250

FIGURE 48         AVEVA: COMPANY SNAPSHOT  260

FIGURE 49         ABB: COMPANY SNAPSHOT       266

FIGURE 50         GE VERNOVA: COMPANY SNAPSHOT    271

FIGURE 51         SAP: COMPANY SNAPSHOT       276

FIGURE 52         IBM: COMPANY SNAPSHOT       281

FIGURE 53         ROCKWELL AUTOMATION: COMPANY SNAPSHOT        286

FIGURE 54         EMERSON: COMPANY SNAPSHOT          289

FIGURE 55         DNV: COMPANY SNAPSHOT      294

FIGURE 56         BENTLEY SYSTEMS: COMPANY SNAPSHOT        300