出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年3月
Predictive Maintenance Market – Global Forecast to 2029
予知保全市場 : コンポーネント [ハードウェア、ソリューション (展開モード)＆サービス]、テクノロジー、技術 (振動解析、赤外線サーモグラフィー、モーター回路解析)、組織規模、業種、地域別 – 2029年までの世界予測
Predictive Maintenance Market by Component (Hardware, Solution (Deployment Mode), & Services), Technology, Technique (Vibration Analysis, Infrared Thermography, Motor Circuit Analysis), Organization Size, Vertical, & Region – Global Forecast to 2029
| ページ数 | 377 |
| 図表数 | 528 |
| 価格 | |
| シングルユーザライセンス | USD 4,950 |
| マルチユーザライセンス（5名） | USD 6,650 |
| コーポレート（サイト）ライセンス | USD 8,150 |
| エンタープライズライセンス | USD 10,000 |
| 種別 | 英文調査報告書 |
Report Overview
The global predictive maintenance market is valued at USD 10.6 billion in 2024 and is estimated to reach USD 47.8 billion in 2029, registering a CAGR of 35.1% during the forecast period.
世界の予知保全市場は、2024 年に 106 億米ドルと評価され、2029 年には 478 億米ドルに達すると推定されており、予測期間中に 35.1% の CAGR を記録します。
The continuous advancements in big data, Machine-to-Machine (M2M) communication, and cloud technology have opened up new possibilities for analyzing information derived from industrial assets. IoT devices generate vast amounts of data from diverse sources like sensors, cameras, and interconnected devices. However, this data alone lacks value until it is transformed into actionable, context-rich information. Big data analytics and data visualization techniques empower users to uncover fresh insights through batch processing and offline analysis. While real-time data analysis and decision-making are often manual, automating these processes is preferred for scalability. AI technology plays a crucial role in analyzing the extensive data volumes generated by various components of the IoT ecosystem and converting them into meaningful insights. Enterprises are integrating AI into their established analytical frameworks to automate data interpretation and gain real-time insights from IoT-generated data. AI equips enterprises with frameworks and tools to analyze real-time data and discover multiple use cases for IoT applications.
“By component, the solution segment is projected to hold the largest market size during the forecast period.”
Predictive maintenance solutions have emerged as indispensable components for numerous successful and large enterprises, given the challenges they face in monitoring asset conditions using traditional maintenance methods. Moreover, these solutions offer real-time asset monitoring, a significant advancement over rule-based maintenance approaches, allowing organizations to adopt proactive maintenance strategies that reduce costs, minimize downtime, and optimize operational maintenance processes. The solutions market is categorized into standalone and integrated offerings, with integrated solutions experiencing substantial demand due to their comprehensive functionality and widespread adoption across diverse sectors and regions. Integrated software, offering both single and multi-functional capabilities, has gained popularity over standalone software, which lacks customization capabilities but remains prevalent in small and mid-sized enterprises due to its affordability.
“By Technology, Artificial Intelligence is registered to grow at the highest CAGR during the forecast period.”
AI technology plays a significant role in predictive maintenance by leveraging advanced algorithms and machine learning models to analyze data and predict potential equipment failures before they occur. This technology enables organizations to move from reactive maintenance to proactive and even predictive maintenance strategies, ultimately improving asset reliability, reducing downtime, and optimizing maintenance costs. Examples of AI technology in predictive maintenance include the use of predictive modeling techniques such as regression analysis, decision trees, and neural networks to forecast equipment failures based on historical data patterns. AI-powered anomaly detection algorithms can also identify abnormal behavior in real-time sensor data, allowing for timely intervention and preventive maintenance actions. Additionally, AI-driven condition monitoring systems utilizing IoT sensors can continuously monitor equipment health and performance metrics, providing early warnings of potential issues and enabling predictive maintenance scheduling. These AI technologies empower organizations to transform their maintenance practices, enhance operational efficiency, and drive better business outcomes.
“Asia Pacific is projected to witness the highest CAGR during the forecast period.”
Asia Pacific has witnessed advanced and dynamic adoption of new technologies and is expected to record the highest CAGR during the forecast period. The commercialization of IoT technology and the need for further advancements to leverage the technology to the best are expected to drive the adoption of predictive maintenance solutions in the region. The region includes major economies, such as China and Japan, which are expected to register high growth in the predictive maintenance market. Verticals, such as energy and utilities, transportation and logistics, and healthcare and life sciences, are expected to adopt predictive maintenance solutions and services at the highest rate in the region. Companies operating in Asia Pacific would benefit from the flexible economic conditions, industrialization- and globalization-motivated policies of the governments, as well as from the growing digitalization, which is expected to have a huge impact on the business community. Other countries in the region, such as South Korea, Singapore, Hong Kong, and Malaysia, are exploring ways to integrate predictive maintenance solutions and services. The countries considered for the analysis of the Asian predictive maintenance market are China, Japan, India, Bangladesh, and the rest of Asia Pacific.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the predictive maintenance market.
By Company: Tier I: 34%, Tier II: 43%, and Tier III: 23%
By Designation: C-Level Executives: 50%, Directors: 30%, and Others: 20%
By Region: North America: 25%, Europe: 30%, Asia Pacific: 30%, Middle East & Africa: 10%, Latin America: 5%
Major vendors offering predictive maintenance hardware, solution and services across the globe are IBM (US), ABB (Switzerland), Schneider Electric (France), AWS (US), Google (US), Microsoft (US), Hitachi (Japan), SAP (Germany), SAS Institute (US), Software AG (Germany), TIBCO Software (US), Altair (US), Oracle (US), Splunk (US), C3.ai (US), Emerson (US), GE (US), Honeywell (US), Siemens (Germany), PTC (US), Dingo (Australia), Uptake (US), Samotics (Netherlands), WaveScan (Singapore), Quadrical Ai (Canada), UpKeep (US), Limble (US), SenseGrow (US), Presage Insights (India), Falcon Labs (India).
Research Coverage
The market study covers predictive maintenance across segments. It aims at estimating the market size and the growth potential across different segments, such as component (hardware, solution [by deployment mode] & services), technology, technique, organization size, vertical and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market for predictive maintenance and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Increasing use of emerging technologies to gain valuable insights, Advent of ML and AI, Growing need to reduce maintenance cost, equipment failure, and downtime), restraints (Lack of skilled workforce, Data security concerns), opportunities (Rising internet proliferation and growing usage of connected and integrated technologies, Real-time condition monitoring to assist in taking prompt actions), and challenges (Frequent maintenance and upgradation requirement to keep the systems updated, Ownership and privacy of collected data) influencing the growth of the predictive maintenance market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the predictive maintenance market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the predictive maintenance market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in predictive maintenance market strategies; the report also helps stakeholders understand the pulse of the predictive maintenance market and provides them with information on key market drivers, restraints, challenges, and opportunities.
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players such as IBM (US), ABB (Switzerland), Schneider Electric (France), AWS (US), Google (US) among others in the predictive maintenance market.
Table of Contents
1 INTRODUCTION 38
1.1 STUDY OBJECTIVES 38
1.2 MARKET DEFINITION 38
1.2.1 INCLUSIONS AND EXCLUSIONS 38
1.3 MARKET SCOPE 39
1.3.1 MARKET SEGMENTATION 40
1.3.2 REGIONS COVERED 41
1.3.3 YEARS CONSIDERED 41
1.4 CURRENCY CONSIDERED 42
TABLE 1 USD EXCHANGE RATE, 2019–2023 42
1.5 STAKEHOLDERS 42
1.6 SUMMARY OF CHANGES 42
1.6.1 RECESSION IMPACT 43
2 RESEARCH METHODOLOGY 44
2.1 RESEARCH DATA 44
FIGURE 1 PREDICTIVE MAINTENANCE MARKET: RESEARCH DESIGN 44
2.1.1 SECONDARY DATA 45
2.1.2 PRIMARY DATA 45
TABLE 2 LIST OF PRIMARY INTERVIEWS 45
2.1.2.1 Breakup of primary profiles 46
2.1.2.2 Key industry insights 47
2.2 DATA TRIANGULATION 48
FIGURE 2 PREDICTIVE MAINTENANCE MARKET: DATA TRIANGULATION 48
2.3 MARKET SIZE ESTIMATION 49
FIGURE 3 TOP-DOWN AND BOTTOM-UP APPROACHES 49
2.3.1 TOP-DOWN APPROACH 49
2.3.2 BOTTOM-UP APPROACH 50
FIGURE 4 APPROACH 1 (SUPPLY SIDE): REVENUE OF HARDWARE/SOLUTIONS/SERVICES OF PREDICTIVE MAINTENANCE MARKET 50
FIGURE 5 APPROACH 2, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PREDICTIVE MAINTENANCE MARKET HARDWARE/SOLUTIONS/SERVICES 51
FIGURE 6 APPROACH 3, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL PREDICTIVE MAINTENANCE MARKET HARDWARE/SOLUTIONS/SERVICES 52
FIGURE 7 APPROACH 4, BOTTOM-UP (DEMAND SIDE): SHARE OF PREDICTIVE MAINTENANCE MARKET THROUGH OVERALL PREDICTIVE MAINTENANCE MARKET SPENDING 53
2.4 MARKET FORECAST 54
TABLE 3 FACTOR ANALYSIS 54
2.5 RESEARCH ASSUMPTIONS 55
2.6 LIMITATIONS 56
2.7 IMPACT OF RECESSION ON GLOBAL PREDICTIVE MAINTENANCE MARKET 57
TABLE 4 RECESSION IMPACT ON PREDICTIVE MAINTENANCE MARKET 57
3 EXECUTIVE SUMMARY 59
TABLE 5 PREDICTIVE MAINTENANCE MARKET SIZE AND GROWTH RATE, 2019–2023 (USD MILLION, Y-O-Y) 60
TABLE 6 PREDICTIVE MAINTENANCE MARKET SIZE AND GROWTH RATE, 2024–2029 (USD MILLION, Y-O-Y) 60
FIGURE 8 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE IN 2024 60
FIGURE 9 INTEGRATED SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 61
FIGURE 10 ON-PREMISES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 61
FIGURE 11 PUBLIC SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE IN 2024 61
FIGURE 12 PROFESSIONAL SERVICES TO ACCOUNT FOR LARGER SHARE IN 2024 62
FIGURE 13 SYSTEM INTEGRATION TO ACCOUNT FOR LARGEST MARKET SIZE IN 2024 62
FIGURE 14 ANALYTICS & DATA MANAGEMENT TECHNOLOGY TO HOLD LARGEST MARKET SIZE IN 2024 63
FIGURE 15 VIBRATION ANALYSIS TO ACCOUNT FOR LARGEST MARKET SIZE IN 2024 63
FIGURE 16 LARGE ENTERPRISES TO ACCOUNT FOR LARGER SHARE IN 2024 63
FIGURE 17 ENERGY & UTILITIES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 64
FIGURE 18 ASIA PACIFIC TO GROW AT HIGHEST CAGR IN PREDICTIVE MAINTENANCE MARKET 64
4 PREMIUM INSIGHTS 65
4.1 ATTRACTIVE OPPORTUNITIES IN PREDICTIVE MAINTENANCE MARKET 65
FIGURE 19 ADOPTION OF INDUSTRY 4.0 AND DIGITAL TRANSFORMATION INITIATIVES ACROSS INDUSTRIES TO DRIVE MARKET 65
4.2 PREDICTIVE MAINTENANCE MARKET, BY COMPONENT 65
FIGURE 20 SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 65
4.3 PREDICTIVE MAINTENANCE MARKET, BY COMPONENT & KEY VERTICALS 66
FIGURE 21 SOLUTIONS AND ENERGY & UTILITIES TO ACCOUNT FOR LARGEST SHARES OF NORTH AMERICAN MARKET IN 2024 66
4.4 PREDICTIVE MAINTENANCE MARKET, BY REGION 66
FIGURE 22 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2024 66
5 MARKET OVERVIEW AND INDUSTRY TRENDS 67
5.1 INTRODUCTION 67
5.2 MARKET DYNAMICS 67
FIGURE 23 PREDICTIVE MAINTENANCE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 67
5.2.1 DRIVERS 68
5.2.1.1 Increasing use of emerging technologies to gain valuable insights 68
5.2.1.2 Advent of ML and AI 68
5.2.1.3 Rising internet proliferation and growing use of connected and integrated technologies 68
5.2.2 RESTRAINTS 69
5.2.2.1 Lack of skilled workforce 69
5.2.2.2 Data security concerns 69
5.2.3 OPPORTUNITIES 69
5.2.3.1 Real-time condition monitoring to assist in taking prompt actions 69
5.2.3.2 Growing need to reduce maintenance cost, equipment failure, and downtime 70
5.2.4 CHALLENGES 70
5.2.4.1 Frequent maintenance and upgradation requirements 70
5.2.4.2 Ownership and privacy of collected data 70
5.3 PREDICTIVE MAINTENANCE MARKET: EVOLUTION 71
FIGURE 24 PREDICTIVE MAINTENANCE MARKET EVOLUTION 71
5.4 SUPPLY CHAIN ANALYSIS 71
FIGURE 25 PREDICTIVE MAINTENANCE MARKET: SUPPLY CHAIN ANALYSIS 72
5.5 ECOSYSTEM/MARKET MAP 73
FIGURE 26 KEY PLAYERS IN PREDICTIVE MAINTENANCE MARKET ECOSYSTEM 73
TABLE 7 PREDICTIVE MAINTENANCE MARKET: ECOSYSTEM 73
5.5.1 HARDWARE PROVIDERS 75
5.5.2 SOLUTION PROVIDERS 75
5.5.3 SERVICE PROVIDERS 75
5.5.4 DATA MANAGEMENT & ANALYTICS PROVIDERS 75
5.5.5 REGULATORY BODIES 76
5.6 CASE STUDY ANALYSIS 76
5.6.1 RIYADH AIRPORT MODERNIZED MAINTENANCE BY IMPLEMENTING MAXIMO AND IBM COGNOS ANALYTICS 76
5.6.2 VPI ENHANCED EFFICIENCY OF ITS COMBINED CYCLE GAS TURBINE PLANT WITH IBM MAXIMO APPLICATION SUITE 77
5.6.3 WESTERN DIGITAL BOOSTED MANUFACTURING EXCELLENCE WITH SAS ASSET PERFORMANCE ANALYTICS 78
5.6.4 VANTAGE POWER ACCELERATED PREDICTIVE MAINTENANCE FOR CONNECTED VEHICLES WITH VPVISION 78
5.6.5 SAM4 HEALTH PREVENTED COSTLY DOWNTIME WITH PREDICTIVE MAINTENANCE ALERTS 79
5.7 TRADE ANALYSIS 79
5.7.1 IMPORT SCENARIO OF SPECTROMETERS 79
FIGURE 27 IMPORT DATA OF SPECTROMETERS, BY KEY COUNTRY, 2015–2022 (USD BILLION) 80
5.7.2 EXPORT SCENARIO OF SPECTROMETERS 80
FIGURE 28 EXPORT DATA OF SPECTROMETERS, BY KEY COUNTRY, 2015–2022 (USD BILLION) 81
5.8 REGULATORY LANDSCAPE 81
5.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 82
TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
TABLE 11 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
TABLE 12 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 85
5.8.1.1 North America 86
5.8.1.1.1 US 86
5.8.1.1.2 Canada 86
5.8.1.2 Europe 86
5.8.1.3 Asia Pacific 87
5.8.1.3.1 South Korea 87
5.8.1.3.2 China 87
5.8.1.3.3 India 87
5.8.1.4 Middle East & Africa 87
5.8.1.4.1 UAE 87
5.8.1.4.2 KSA 87
5.8.1.4.3 Bahrain 87
5.8.1.5 Latin America 88
5.8.1.5.1 Brazil 88
5.8.1.5.2 Mexico 88
5.9 PATENT ANALYSIS 88
5.9.1 METHODOLOGY 88
5.9.1.1 Patents filed, by document type 88
TABLE 13 PATENTS FILED, 2013–2023 88
5.9.1.2 Innovation and patent applications 89
FIGURE 29 NUMBER OF PATENTS GRANTED IN LAST 10 YEARS, 2013–2023 89
5.9.1.2.1 Top 10 applicants in predictive maintenance market 89
FIGURE 30 TOP 10 APPLICANTS IN PREDICTIVE MAINTENANCE MARKET, 2013–2023 89
FIGURE 31 REGIONAL ANALYSIS OF PATENTS GRANTED FOR PREDICTIVE MAINTENANCE MARKET, 2013–2023 90
TABLE 14 TOP 20 PATENT OWNERS IN PREDICTIVE MAINTENANCE MARKET, 2013–2023 90
TABLE 15 LIST OF FEW PATENTS IN PREDICTIVE MAINTENANCE MARKET, 2021–2023 91
5.10 TECHNOLOGY ANALYSIS 94
FIGURE 32 PREDICTIVE MAINTENANCE MARKET: TECHNOLOGY ANALYSIS 94
5.10.1 KEY TECHNOLOGIES 94
5.10.1.1 ML 94
5.10.1.2 Big data 95
5.10.2 ADJACENT TECHNOLOGIES 95
5.10.2.1 Edge computing 95
5.10.2.2 Digital twin 96
5.10.2.3 Cloud computing 96
5.10.3 COMPLEMENTARY TECHNOLOGIES 97
5.10.3.1 AR & VR 97
5.10.3.2 Blockchain 97
5.11 PRICING ANALYSIS 98
5.11.1 AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY TECHNOLOGY 98
FIGURE 33 AVERAGE SELLING PRICE TREND OF KEY PLAYERS: TOP THREE TECHNOLOGIES 98
TABLE 16 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, TOP THREE TECHNOLOGIES 98
5.11.2 INDICATIVE PRICING ANALYSIS OF PREDICTIVE MAINTENANCE, BY COMPONENT 99
TABLE 17 PREDICTIVE MAINTENANCE: INDICATIVE PRICING LEVELS OF PREDICTIVE MAINTENANCE, BY COMPONENT 99
5.12 INVESTMENT AND FUNDING SCENARIO 100
FIGURE 34 PREDICTIVE MAINTENANCE MARKET: INVESTMENT LANDSCAPE 100
5.13 PORTER’S FIVE FORCES’ ANALYSIS 101
FIGURE 35 PORTER’S FIVE FORCES’ ANALYSIS: PREDICTIVE MAINTENANCE MARKET 101
TABLE 18 PORTER’S FIVE FORCES IMPACT ON PREDICTIVE MAINTENANCE MARKET 102
5.13.1 THREAT OF NEW ENTRANTS 102
5.13.2 THREAT OF SUBSTITUTES 102
5.13.3 BARGAINING POWER OF SUPPLIERS 102
5.13.4 BARGAINING POWER OF BUYERS 102
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 103
5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 103
FIGURE 36 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 103
5.15 KEY CONFERENCES & EVENTS, 2024-2025 104
TABLE 19 PREDICTIVE MAINTENANCE MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025 104
5.16 KEY STAKEHOLDERS & BUYING CRITERIA 105
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS 105
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 105
TABLE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 105
5.16.2 BUYING CRITERIA 106
FIGURE 38 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 106
TABLE 21 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 106
5.17 TECHNOLOGY ROADMAP OF PREDICTIVE MAINTENANCE MARKET 107
TABLE 22 SHORT-TERM ROADMAP (FOR NEXT 5 YEARS) 107
TABLE 23 LONG-TERM ROADMAP (BEYOND NEXT 5 YEARS) 108
5.18 BUSINESS MODELS OF PREDICTIVE MAINTENANCE MARKET 109
5.18.1 EQUIPMENT HEALTH MONITORING AND MAINTENANCE RECOMMENDATIONS AS A SERVICE 109
5.18.2 OVERALL EQUIPMENT EFFICIENCY (OEE) RISK AS A SERVICE 109
5.18.3 UPTIME AS A SERVICE 109
5.18.4 WARRANTY AS A SERVICE 109
5.18.5 SUPPLY CHAIN MANAGEMENT INFORMATION AS A SERVICE 109
6 PREDICTIVE MAINTENANCE MARKET, BY COMPONENT 110
6.1 INTRODUCTION 111
6.1.1 COMPONENT: PREDICTIVE MAINTENANCE MARKET DRIVERS 111
FIGURE 39 SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 111
TABLE 24 PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 112
TABLE 25 PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 112
6.2 HARDWARE 112
TABLE 26 HARDWARE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 112
TABLE 27 HARDWARE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 113
6.3 SOLUTIONS 113
FIGURE 40 STANDALONE SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 113
TABLE 28 PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2019–2023 (USD MILLION) 114
TABLE 29 PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 114
TABLE 30 SOLUTION: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 114
TABLE 31 SOLUTION: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 114
6.3.1 INTEGRATED 115
TABLE 32 INTEGRATED: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 115
TABLE 33 INTEGRATED: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 115
6.3.2 STANDALONE 116
TABLE 34 STANDALONE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 116
TABLE 35 STANDALONE: PREDICTIVE MAINTENANCE MARKET, BY REGION 2024–2029 (USD MILLION) 116
6.4 SOLUTIONS BY DEPLOYMENT MODE 117
FIGURE 41 CLOUD SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 117
TABLE 36 PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 117
TABLE 37 PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 117
6.4.1 CLOUD 118
6.4.1.1 Reduced operational cost and higher scalability to enable growth in cloud-based deployments 118
FIGURE 42 HYBRID CLOUD TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 118
TABLE 38 PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2019–2023 (USD MILLION) 118
TABLE 39 PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2024–2029 (USD MILLION) 119
TABLE 40 CLOUD: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 119
TABLE 41 CLOUD: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 119
6.4.1.2 Public 120
TABLE 42 PUBLIC: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY REGION, 2019–2023 (USD MILLION) 120
TABLE 43 PUBLIC: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY REGION, 2024–2029 (USD MILLION) 120
6.4.1.3 Private 121
TABLE 44 PRIVATE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY REGION, 2019–2023 (USD MILLION) 121
TABLE 45 PRIVATE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY REGION, 2024–2029 (USD MILLION) 121
6.4.1.4 Hybrid 122
TABLE 46 HYBRID: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY REGION, 2019–2023 (USD MILLION) 122
TABLE 47 HYBRID: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY REGION, 2024–2029 (USD MILLION) 122
6.4.2 ON-PREMISES 123
6.4.2.1 Rising cost of support and maintenance impacting growth of on-premises solutions 123
TABLE 48 ON-PREMISES: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY REGION, 2019–2023 (USD MILLION) 123
TABLE 49 ON-PREMISES: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY REGION, 2024–2029 (USD MILLION) 123
6.5 SERVICES 124
FIGURE 43 MANAGED SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 124
TABLE 50 PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 124
TABLE 51 PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2024–2029 (USD MILLION) 124
TABLE 52 SERVICES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 125
TABLE 53 SERVICES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 125
6.5.1 PROFESSIONAL SERVICES 125
6.5.1.1 Demand for expert guidance and seamless integration to drive professional services 125
FIGURE 44 SUPPORT & MAINTENANCE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 126
TABLE 54 PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 126
TABLE 55 PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 126
TABLE 56 PROFESSIONAL SERVICES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 127
TABLE 57 PROFESSIONAL SERVICES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 127
6.5.1.2 System Integration 127
TABLE 58 SYSTEM INTEGRATION: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 128
TABLE 59 SYSTEM INTEGRATION: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 128
6.5.1.3 Support & Maintenance 128
TABLE 60 SUPPORT & MAINTENANCE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 129
TABLE 61 SUPPORT & MAINTENANCE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 129
6.5.1.4 Consulting 129
TABLE 62 CONSULTING: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 130
TABLE 63 CONSULTING: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 130
6.5.2 MANAGED SERVICES 130
6.5.2.1 Increasing need of IT Infrastructure support to drive growth of managed services 130
TABLE 64 MANAGED SERVICES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 131
TABLE 65 MANAGED SERVICES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 131
7 PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY 132
7.1 INTRODUCTION 133
7.1.1 TECHNOLOGY: PREDICTIVE MAINTENANCE MARKET DRIVERS 133
FIGURE 45 ARTIFICIAL INTELLIGENCE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 133
TABLE 66 PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 134
TABLE 67 PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 134
7.2 ANALYTICS & DATA MANAGEMENT 134
7.2.1 INCREASED DEMAND FOR REAL-TIME INSIGHTS AND PROACTIVE MAINTENANCE STRATEGIES 134
TABLE 68 ANALYTICS & DATA MANAGEMENT: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 135
TABLE 69 ANALYTICS & DATA MANAGEMENT: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 135
7.3 ARTIFICIAL INTELLIGENCE 135
7.3.1 GROWING DEMAND FOR AI-DRIVEN PREDICTIVE MAINTENANCE FOR ENHANCED ASSET RELIABILITY 135
TABLE 70 ARTIFICIAL INTELLIGENCE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 136
TABLE 71 ARTIFICIAL INTELLIGENCE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 136
7.4 IOT PLATFORM 136
7.4.1 RAPID ADOPTION OF IOT PLATFORMS FOR REAL-TIME ASSET MONITORING TO DRIVE MARKET GROWTH 136
TABLE 72 IOT PLATFORM: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 137
TABLE 73 IOT PLATFORM: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 137
7.5 SENSORS & OTHER DEVICES 137
7.5.1 RISING DEMAND FOR CUSTOMER EXPERIENCE TO FUEL CLOUD ADOPTION IN PREDICTIVE MAINTENANCE 137
TABLE 74 SENSORS & OTHER DEVICES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 138
TABLE 75 SENSORS & OTHER DEVICES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 138
8 PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE 139
8.1 INTRODUCTION 140
8.1.1 TECHNIQUE: PREDICTIVE MAINTENANCE MARKET DRIVERS 140
FIGURE 46 MOTOR CIRCUIT ANALYSIS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 140
TABLE 76 PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2019–2023 (USD MILLION) 141
TABLE 77 PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION) 141
8.2 VIBRATION ANALYSIS 141
8.2.1 GROWING DEMAND FOR EFFICIENT MACHINERY HEALTH MONITORING TO DRIVE VIBRATION ANALYSIS 141
TABLE 78 VIBRATION ANALYSIS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 142
TABLE 79 VIBRATION ANALYSIS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 142
8.2.2 TEST COMPONENT ALIGNMENT 142
8.2.3 DETECT IMBALANCES 143
8.2.4 RESONANCE IDENTIFICATION 143
8.2.5 GEAR FAILURE DETECTION 143
8.2.6 OTHERS 143
8.3 INFRARED THERMOGRAPHY 144
8.3.1 RISING DEMAND FOR NON-INTRUSIVE PREDICTIVE MAINTENANCE TO DRIVE INFRARED THERMOGRAPHY 144
TABLE 80 INFRARED THERMOGRAPHY: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 144
TABLE 81 INFRARED THERMOGRAPHY: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 145
8.3.2 INSPECT ELECTRICAL CONNECTIONS AND SYSTEMS 145
8.3.3 ASSESS HEATING SYSTEMS 145
8.3.4 FLUID ANALYSIS 146
8.3.5 ANALYZE DISCHARGE PATTERNS 146
8.3.6 ROOF MAINTENANCE 146
8.3.7 OTHERS 147
8.4 ACOUSTIC MONITORING 147
8.4.1 ADOPTION OF ULTRASONIC ACOUSTIC ANALYSIS TO DRIVE PREDICTIVE MAINTENANCE EFFICIENCY 147
TABLE 82 ACOUSTIC MONITORING: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 148
TABLE 83 ACOUSTIC MONITORING: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 148
8.4.2 PIPELINE MONITORING 148
8.4.3 CONDENSER EVALUATION 149
8.4.4 VACUUM SYSTEM MONITORING 149
8.4.5 FAN HEALTH ASSESSMENT 149
8.4.6 AIR COMPRESSOR MONITORING 149
8.4.7 OTHERS 150
8.5 OIL ANALYSIS 150
8.5.1 OPTIMIZING EQUIPMENT LIFESPAN THROUGH PROACTIVE LUBRICATION MANAGEMENT STRATEGIES 150
TABLE 84 OIL ANALYSIS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 150
TABLE 85 OIL ANALYSIS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 151
8.5.2 TURBINE MAINTENANCE 151
8.5.3 HYDRAULIC SYSTEM MAINTENANCE 151
8.5.4 ENGINE EVALUATION 152
8.5.5 TRANSMISSION ASSESSMENT 152
8.5.6 GEAR LUBRICANT LEVEL MONITORING 152
8.5.7 OTHERS 153
8.6 MOTOR CIRCUIT ANALYSIS 153
8.6.1 NEED FOR EFFICIENT PREDICTIVE MAINTENANCE IN PUMPING SYSTEMS 153
TABLE 86 MOTOR CIRCUIT ANALYSIS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 154
TABLE 87 MOTOR CIRCUIT ANALYSIS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 154
8.6.2 ASSESS ENGINE DEGRADATION 154
8.6.3 SHAFT AND ROTOR ALIGNMENT 155
8.6.4 INSULATION EVALUATION 155
8.6.5 GEAR ASSESSMENT 155
8.6.6 SCAN FOR SHORT CIRCUITS 156
8.6.7 OTHERS 156
8.7 OTHER TECHNIQUES 156
TABLE 88 OTHER TECHNIQUES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 157
TABLE 89 OTHER TECHNIQUES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 157
9 PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE 158
9.1 INTRODUCTION 159
9.1.1 ORGANIZATION SIZE: PREDICTIVE MAINTENANCE MARKET DRIVERS 159
FIGURE 47 SMES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 159
TABLE 90 PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 160
TABLE 91 PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 160
9.2 LARGE ENTERPRISES 160
9.2.1 INTEGRATION OF AI AND IOT TECHNOLOGIES TO DRIVE ADOPTION OF PREDICTIVE MAINTENANCE AMONG LARGE ENTERPRISES 160
TABLE 92 LARGE ENTERPRISES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 161
TABLE 93 LARGE ENTERPRISES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 161
9.3 SMALL AND MEDIUM-SIZED ENTERPRISES 161
9.3.1 AFFORDABLE IOT AND CLOUD SOLUTIONS TO DRIVE SMES TO ADOPT PREDICTIVE MAINTENANCE 161
TABLE 94 SMES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 162
TABLE 95 SMES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 162
10 PREDICTIVE MAINTENANCE MARKET, BY VERTICAL 163
10.1 INTRODUCTION 164
10.1.1 VERTICAL: PREDICTIVE MAINTENANCE MARKET DRIVERS 164
FIGURE 48 ENERGY & UTILITIES TO HOLD LARGEST MARKET DURING FORECAST PERIOD 165
TABLE 96 PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 165
TABLE 97 PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 166
10.2 ENERGY & UTILITIES 166
10.2.1 IOT DEVICES ENABLE REAL-TIME MONITORING, ENHANCING PREDICTIVE MAINTENANCE ACCURACY 166
TABLE 98 ENERGY & UTILITIES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 167
TABLE 99 ENERGY & UTILITIES: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 167
10.3 MANUFACTURING 167
10.3.1 INDUSTRY 4.0 INTEGRATION TO DRIVE REAL-TIME MONITORING AND PREDICTIVE MAINTENANCE 167
TABLE 100 MANUFACTURING: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 168
TABLE 101 MANUFACTURING: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 168
10.4 AUTOMOTIVE & TRANSPORTATION 168
10.4.1 SHIFT TOWARD INDIVIDUAL MOBILITY TO BOOST PREDICTIVE MAINTENANCE INVESTMENTS IN AUTOMOTIVE 168
TABLE 102 AUTOMOTIVE & TRANSPORTATION: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 169
TABLE 103 AUTOMOTIVE & TRANSPORTATION: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 169
10.5 AEROSPACE & DEFENSE 170
10.5.1 MODERNIZATION INITIATIVES IN AIRPORTS AND DEFENSE SECTOR TO PROPEL MARKET GROWTH 170
TABLE 104 AEROSPACE & DEFENSE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 170
TABLE 105 AEROSPACE & DEFENSE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 171
10.6 CONSTRUCTION & MINING 171
10.6.1 SAFETY CONCERNS AND ASSET OPTIMIZATION TO FUEL GROWTH IN PREDICTIVE MAINTENANCE 171
TABLE 106 CONSTRUCTION & MINING: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 171
TABLE 107 CONSTRUCTION & MINING: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 172
10.7 HEALTHCARE 172
10.7.1 RISING DEMAND FOR UNINTERRUPTED HEALTHCARE SERVICES TO FUEL PREDICTIVE MAINTENANCE ADOPTION 172
TABLE 108 HEALTHCARE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 173
TABLE 109 HEALTHCARE: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 173
10.8 TELECOMMUNICATIONS 173
10.8.1 COSTLY DOWNTIME RISKS TO FUEL ADOPTION OF IOT-DRIVEN PREDICTIVE MAINTENANCE 173
TABLE 110 TELECOMMUNICATIONS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 174
TABLE 111 TELECOMMUNICATIONS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 174
10.9 OTHER VERTICALS 174
TABLE 112 OTHER VERTICALS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 175
TABLE 113 OTHER VERTICALS: PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 175
11 PREDICTIVE MAINTENANCE MARKET, BY REGION 176
11.1 INTRODUCTION 177
FIGURE 49 INDIA TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 177
FIGURE 50 ASIA PACIFIC TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD 178
TABLE 114 PREDICTIVE MAINTENANCE MARKET, BY REGION, 2019–2023 (USD MILLION) 178
TABLE 115 PREDICTIVE MAINTENANCE MARKET, BY REGION, 2024–2029 (USD MILLION) 178
11.2 NORTH AMERICA 179
11.2.1 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET DRIVERS 179
11.2.2 NORTH AMERICA: RECESSION IMPACT 179
FIGURE 51 NORTH AMERICA: MARKET SNAPSHOT 180
TABLE 116 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 180
TABLE 117 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 181
TABLE 118 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 181
TABLE 119 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 181
TABLE 120 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2019–2023 (USD MILLION) 181
TABLE 121 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 182
TABLE 122 NORTH AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 182
TABLE 123 NORTH AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 182
TABLE 124 NORTH AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2019–2023 (USD MILLION) 182
TABLE 125 NORTH AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2024–2029 (USD MILLION) 183
TABLE 126 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 183
TABLE 127 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2024–2029 (USD MILLION) 183
TABLE 128 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 183
TABLE 129 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 184
TABLE 130 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 184
TABLE 131 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 184
TABLE 132 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2019–2023 (USD MILLION) 185
TABLE 133 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION) 185
TABLE 134 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 185
TABLE 135 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 186
TABLE 136 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 186
TABLE 137 NORTH AMERICA: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 186
11.2.3 US 187
11.2.3.1 Strong government support and availability of funds to fuel demand for predictive maintenance solutions 187
TABLE 138 US: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 187
TABLE 139 US: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 187
TABLE 140 US: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 188
TABLE 141 US: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 188
TABLE 142 US: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 188
TABLE 143 US: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 188
11.2.4 CANADA 189
11.2.4.1 Adoption of advanced CMMS technologies and focus on advanced technologies to boost demand for predictive maintenance solutions 189
TABLE 144 CANADA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 189
TABLE 145 CANADA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 190
TABLE 146 CANADA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 190
TABLE 147 CANADA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 190
TABLE 148 CANADA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 190
TABLE 149 CANADA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 191
11.3 EUROPE 191
11.3.1 EUROPE: PREDICTIVE MAINTENANCE MARKET DRIVERS 191
11.3.2 EUROPE: RECESSION IMPACT 192
TABLE 150 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 192
TABLE 151 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 193
TABLE 152 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 193
TABLE 153 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 193
TABLE 154 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2019–2023 (USD MILLION) 193
TABLE 155 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 194
TABLE 156 EUROPE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 194
TABLE 157 EUROPE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 194
TABLE 158 EUROPE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2019–2023 (USD MILLION) 194
TABLE 159 EUROPE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2024–2029 (USD MILLION) 195
TABLE 160 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 195
TABLE 161 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2024–2029 (USD MILLION) 195
TABLE 162 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 195
TABLE 163 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 196
TABLE 164 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 196
TABLE 165 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 196
TABLE 166 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2019–2023 (USD MILLION) 197
TABLE 167 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION) 197
TABLE 168 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 197
TABLE 169 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 198
TABLE 170 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 198
TABLE 171 EUROPE: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 198
11.3.3 UK 199
11.3.3.1 Strong AI strategy, government funding, and stringent regulatory compliances to spur market growth 199
TABLE 172 UK: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 199
TABLE 173 UK: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 199
TABLE 174 UK: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 199
TABLE 175 UK: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 200
TABLE 176 UK: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 200
TABLE 177 UK: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 200
11.3.4 GERMANY 200
11.3.4.1 Focus on AI research and development and implementation of Industry 4.0 to drive market 200
TABLE 178 GERMANY: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 201
TABLE 179 GERMANY: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 201
TABLE 180 GERMANY: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 201
TABLE 181 GERMANY: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 202
TABLE 182 GERMANY: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 202
TABLE 183 GERMANY: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 202
11.3.5 FRANCE 202
11.3.5.1 France’s AI research centers and industry investments to foster market growth 202
TABLE 184 FRANCE: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 203
TABLE 185 FRANCE: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 203
TABLE 186 FRANCE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 203
TABLE 187 FRANCE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 203
TABLE 188 FRANCE: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 204
TABLE 189 FRANCE: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 204
11.3.6 SPAIN 204
11.3.6.1 Implementation of AESIA and rapid growth in AI technologies to propel market 204
TABLE 190 SPAIN: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 204
TABLE 191 SPAIN: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 205
TABLE 192 SPAIN: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 205
TABLE 193 SPAIN: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 205
TABLE 194 SPAIN: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 205
TABLE 195 SPAIN: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 206
11.3.7 ITALY 206
11.3.7.1 Strategic programs and initiatives for implementing AI to drive demand for predictive maintenance solutions 206
TABLE 196 ITALY: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 206
TABLE 197 ITALY: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 207
TABLE 198 ITALY: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 207
TABLE 199 ITALY: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 207
TABLE 200 ITALY: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 207
TABLE 201 ITALY: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 208
11.3.8 REST OF EUROPE 208
TABLE 202 REST OF EUROPE: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 208
TABLE 203 REST OF EUROPE: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 209
TABLE 204 REST OF EUROPE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 209
TABLE 205 REST OF EUROPE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 209
TABLE 206 REST OF EUROPE: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 209
TABLE 207 REST OF EUROPE: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 210
11.4 ASIA PACIFIC 210
11.4.1 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET DRIVERS 210
11.4.2 ASIA PACIFIC: RECESSION IMPACT 211
FIGURE 52 ASIA PACIFIC: MARKET SNAPSHOT 212
TABLE 208 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 213
TABLE 209 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 213
TABLE 210 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 213
TABLE 211 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 214
TABLE 212 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2019–2023 (USD MILLION) 214
TABLE 213 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 214
TABLE 214 ASIA PACIFIC: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 214
TABLE 215 ASIA PACIFIC: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 215
TABLE 216 ASIA PACIFIC: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2019–2023 (USD MILLION) 215
TABLE 217 ASIA PACIFIC: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2024–2029 (USD MILLION) 215
TABLE 218 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 215
TABLE 219 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2024–2029 (USD MILLION) 216
TABLE 220 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 216
TABLE 221 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 216
TABLE 222 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 216
TABLE 223 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 217
TABLE 224 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2019–2023 (USD MILLION) 217
TABLE 225 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION) 217
TABLE 226 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 218
TABLE 227 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 218
TABLE 228 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 218
TABLE 229 ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 219
11.4.3 CHINA 219
11.4.3.1 Government’s heavy financial and strategic support in research and development and investments from global players to accelerate market growth 219
TABLE 230 CHINA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 220
TABLE 231 CHINA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 220
TABLE 232 CHINA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 220
TABLE 233 CHINA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 221
TABLE 234 CHINA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 221
TABLE 235 CHINA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 221
11.4.4 JAPAN 222
11.4.4.1 Adoption of maintenance performance monitoring solutions by Japan Airlines to foster market growth 222
TABLE 236 JAPAN: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 222
TABLE 237 JAPAN: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 223
TABLE 238 JAPAN: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 223
TABLE 239 JAPAN: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 223
TABLE 240 JAPAN: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 223
TABLE 241 JAPAN: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 224
11.4.5 INDIA 224
11.4.5.1 Need to forecast, track in real time, and manage networks to enhance better customer experience in automotive sector to drive market 224
TABLE 242 INDIA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 225
TABLE 243 INDIA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 225
TABLE 244 INDIA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 225
TABLE 245 INDIA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 225
TABLE 246 INDIA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 226
TABLE 247 INDIA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 226
11.4.6 SOUTH KOREA 226
11.4.6.1 Integration of IoT sensors and AI enhancing maintenance efficiency to boost demand for predictive maintenance 226
TABLE 248 SOUTH KOREA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 227
TABLE 249 SOUTH KOREA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 227
TABLE 250 SOUTH KOREA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 227
TABLE 251 SOUTH KOREA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 227
TABLE 252 SOUTH KOREA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 228
TABLE 253 SOUTH KOREA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 228
11.4.7 AUSTRALIA & NEW ZEALAND 228
11.4.7.1 Need to optimize asset performance, reduce downtime, and lower maintenance costs to propel market 228
TABLE 254 AUSTRALIA & NEW ZEALAND: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 229
TABLE 255 AUSTRALIA & NEW ZEALAND: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 229
TABLE 256 AUSTRALIA & NEW ZEALAND: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 229
TABLE 257 AUSTRALIA & NEW ZEALAND: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 229
TABLE 258 AUSTRALIA & NEW ZEALAND: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 230
TABLE 259 AUSTRALIA & NEW ZEALAND: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 230
11.4.8 REST OF ASIA PACIFIC 230
TABLE 260 REST OF ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 230
TABLE 261 REST OF ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 231
TABLE 262 REST OF ASIA PACIFIC: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 231
TABLE 263 REST OF ASIA PACIFIC: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 231
TABLE 264 REST OF ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 231
TABLE 265 REST OF ASIA PACIFIC: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 232
11.5 MIDDLE EAST & AFRICA 232
11.5.1 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET DRIVERS 232
11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 233
TABLE 266 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 233
TABLE 267 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 234
TABLE 268 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 234
TABLE 269 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 234
TABLE 270 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2019–2023 (USD MILLION) 235
TABLE 271 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 235
TABLE 272 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 235
TABLE 273 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 235
TABLE 274 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2019–2023 (USD MILLION) 236
TABLE 275 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2024–2029 (USD MILLION) 236
TABLE 276 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 236
TABLE 277 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2024–2029 (USD MILLION) 236
TABLE 278 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 237
TABLE 279 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 237
TABLE 280 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 237
TABLE 281 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 238
TABLE 282 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2019–2023 (USD MILLION) 238
TABLE 283 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION) 238
TABLE 284 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 239
TABLE 285 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 239
TABLE 286 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 239
TABLE 287 MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 240
11.5.3 UAE 240
11.5.3.1 Government initiatives to achieve Smart Dubai program and active integration of AI to propel market 240
TABLE 288 UAE: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 241
TABLE 289 UAE: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 241
TABLE 290 UAE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 241
TABLE 291 UAE: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 241
TABLE 292 UAE: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 242
TABLE 293 UAE: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 242
11.5.4 SAUDI ARABIA 242
11.5.4.1 Need for advancing technology sector as part of Vision 2030 initiative and smart city programs to bolster market growth 242
TABLE 294 SAUDI ARABIA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 243
TABLE 295 SAUDI ARABIA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 243
TABLE 296 SAUDI ARABIA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 243
TABLE 297 SAUDI ARABIA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 243
TABLE 298 SAUDI ARABIA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 244
TABLE 299 SAUDI ARABIA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 244
11.5.5 QATAR 244
11.5.5.1 Collaboration with tech giants to accelerate IoT-driven predictive maintenance solutions in Qatar 244
TABLE 300 QATAR: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 245
TABLE 301 QATAR: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 245
TABLE 302 QATAR: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 245
TABLE 303 QATAR: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 245
TABLE 304 QATAR: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 246
TABLE 305 QATAR: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 246
11.5.6 TURKEY 246
11.5.6.1 Emphasis on defense strategies to leverage AI technologies to drive growth of AI-powered predictive maintenance solutions 246
TABLE 306 TURKEY: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 247
TABLE 307 TURKEY: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 247
TABLE 308 TURKEY: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 247
TABLE 309 TURKEY: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 247
TABLE 310 TURKEY: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 248
TABLE 311 TURKEY: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 248
11.5.7 SOUTH AFRICA 248
11.5.7.1 Presence of major tech companies and concerns regarding impact of AI on economic growth to drive market 248
TABLE 312 SOUTH AFRICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 249
TABLE 313 SOUTH AFRICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 249
TABLE 314 SOUTH AFRICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 249
TABLE 315 SOUTH AFRICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 249
TABLE 316 SOUTH AFRICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 250
TABLE 317 SOUTH AFRICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 250
11.5.8 REST OF MIDDLE EAST & AFRICA 250
TABLE 318 REST OF MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 251
TABLE 319 REST OF MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 251
TABLE 320 REST OF MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 251
TABLE 321 REST OF MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 251
TABLE 322 REST OF MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 252
TABLE 323 REST OF MIDDLE EAST & AFRICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 252
11.6 LATIN AMERICA 252
11.6.1 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET DRIVERS 253
11.6.2 LATIN AMERICA: RECESSION IMPACT 253
TABLE 324 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 254
TABLE 325 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 254
TABLE 326 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 254
TABLE 327 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 255
TABLE 328 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2019–2023 (USD MILLION) 255
TABLE 329 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY SOLUTION, 2024–2029 (USD MILLION) 255
TABLE 330 LATIN AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 255
TABLE 331 LATIN AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 256
TABLE 332 LATIN AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2019–2023 (USD MILLION) 256
TABLE 333 LATIN AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY CLOUD, 2024–2029 (USD MILLION) 256
TABLE 334 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2019–2023 (USD MILLION) 256
TABLE 335 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY SERVICE, 2024–2029 (USD MILLION) 257
TABLE 336 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2019–2023 (USD MILLION) 257
TABLE 337 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY PROFESSIONAL SERVICE, 2024–2029 (USD MILLION) 257
TABLE 338 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 257
TABLE 339 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 258
TABLE 340 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2019–2023 (USD MILLION) 258
TABLE 341 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION) 258
TABLE 342 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 259
TABLE 343 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 259
TABLE 344 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2019–2023 (USD MILLION) 259
TABLE 345 LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 260
11.6.3 BRAZIL 260
11.6.3.1 Rapid adoption of Industry 4.0 technologies to bolster market growth 260
TABLE 346 BRAZIL: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 261
TABLE 347 BRAZIL: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 261
TABLE 348 BRAZIL: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 261
TABLE 349 BRAZIL: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 261
TABLE 350 BRAZIL: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 262
TABLE 351 BRAZIL: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 262
11.6.4 MEXICO 262
11.6.4.1 Growing need for enhanced connectivity in business processes to drive adoption of predictive maintenance solutions 262
TABLE 352 MEXICO: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 263
TABLE 353 MEXICO: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 263
TABLE 354 MEXICO: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 263
TABLE 355 MEXICO: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 263
TABLE 356 MEXICO: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 264
TABLE 357 MEXICO: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 264
11.6.5 ARGENTINA 264
11.6.5.1 Thriving tech ecosystem and government support to fuel market 264
TABLE 358 ARGENTINA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 265
TABLE 359 ARGENTINA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 265
TABLE 360 ARGENTINA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 265
TABLE 361 ARGENTINA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 265
TABLE 362 ARGENTINA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 266
TABLE 363 ARGENTINA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 266
11.6.6 REST OF LATIN AMERICA 266
TABLE 364 REST OF LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 266
TABLE 365 REST OF LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 267
TABLE 366 REST OF LATIN AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 267
TABLE 367 REST OF LATIN AMERICA: PREDICTIVE MAINTENANCE SOLUTIONS MARKET, BY DEPLOYMENT MODE, 2024–2029 (USD MILLION) 267
TABLE 368 REST OF LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION) 267
TABLE 369 REST OF LATIN AMERICA: PREDICTIVE MAINTENANCE MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION) 268
12 COMPETITIVE LANDSCAPE 269
12.1 OVERVIEW 269
12.2 KEY PLAYER STRATEGIES 269
TABLE 370 OVERVIEW OF STRATEGIES ADOPTED BY KEY PREDICTIVE MAINTENANCE VENDORS 269
12.3 REVENUE ANALYSIS 271
FIGURE 53 REVENUE ANALYSIS OF KEY PLAYERS (2019–2023) 271
12.4 MARKET SHARE ANALYSIS 271
FIGURE 54 MARKET SHARE ANALYSIS FOR KEY PLAYERS, 2023 272
12.4.1 MARKET RANKING ANALYSIS 272
TABLE 371 PREDICTIVE MAINTENANCE MARKET: DEGREE OF COMPETITION 272
12.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 273
FIGURE 55 BRAND/PRODUCT COMPARATIVE ANALYSIS 273
12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 273
12.6.1 STARS 273
12.6.2 EMERGING LEADERS 273
12.6.3 PERVASIVE PLAYERS 273
12.6.4 PARTICIPANTS 274
FIGURE 56 PREDICTIVE MAINTENANCE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 274
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 275
12.6.5.1 Company Footprint 275
FIGURE 57 PREDICTIVE MAINTENANCE MARKET: COMPANY FOOTPRINT (20 COMPANIES) 275
12.6.5.2 Region Footprint 276
TABLE 372 COMPANY REGION FOOTPRINT 276
12.6.5.3 Component Footprint 277
TABLE 373 COMPANY COMPONENT FOOTPRINT 277
12.6.5.4 Technology Footprint 278
TABLE 374 COMPANY TECHNOLOGY FOOTPRINT 278
12.6.5.5 Vertical Footprint 278
TABLE 375 COMPANY VERTICAL FOOTPRINT 278
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 279
12.7.1 PROGRESSIVE COMPANIES 279
12.7.2 RESPONSIVE COMPANIES 280
12.7.3 DYNAMIC COMPANIES 280
12.7.4 STARTING BLOCKS 280
FIGURE 58 PREDICTIVE MAINTENANCE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 280
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 281
12.7.5.1 Detailed List of Key Startups/SMEs 281
TABLE 376 PREDICTIVE MAINTENANCE MARKET: DETAILED LIST OF KEY STARTUPS/SMES 281
12.7.5.2 Competitive Benchmarking of Key Startups/SMEs 282
TABLE 377 PREDICTIVE MAINTENANCE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 282
12.8 COMPETITIVE SCENARIO AND TRENDS 282
12.8.1 PRODUCT LAUNCHES 283
TABLE 378 PREDICTIVE MAINTENANCE MARKET: PRODUCT LAUNCHES, JANUARY 2021–FEBRUARY 2024 283
12.8.2 DEALS 284
TABLE 379 PREDICTIVE MAINTENANCE MARKET: DEALS, JANUARY 2021–FEBRUARY 2024 284
12.9 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS 287
FIGURE 59 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS 287
FIGURE 60 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS 287
13 COMPANY PROFILES 288
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
13.1 INTRODUCTION 288
13.2 KEY PLAYERS 288
13.2.1 IBM 288
TABLE 380 IBM: BUSINESS OVERVIEW 288
FIGURE 61 IBM: COMPANY SNAPSHOT 289
TABLE 381 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 289
TABLE 382 IBM: DEALS 290
13.2.2 ABB 293
TABLE 383 ABB: BUSINESS OVERVIEW 293
FIGURE 62 ABB: COMPANY SNAPSHOT 294
TABLE 384 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 294
TABLE 385 ABB: PRODUCT LAUNCHES & ENHANCEMENTS 295
TABLE 386 ABB: DEALS 296
13.2.3 SCHNEIDER ELECTRIC 299
TABLE 387 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 299
FIGURE 63 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 300
TABLE 388 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 300
TABLE 389 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES & ENHANCEMENTS 301
TABLE 390 SCHNEIDER ELECTRIC: DEALS 302
13.2.4 AWS 304
TABLE 391 AWS: BUSINESS OVERVIEW 304
FIGURE 64 AWS: COMPANY SNAPSHOT 304
TABLE 392 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 305
TABLE 393 AWS: PRODUCT LAUNCHES 305
TABLE 394 AWS: DEALS 305
13.2.5 GOOGLE 308
TABLE 395 GOOGLE: BUSINESS OVERVIEW 308
FIGURE 65 GOOGLE: COMPANY SNAPSHOT 309
TABLE 396 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 309
TABLE 397 GOOGLE: PRODUCT LAUNCHES 310
TABLE 398 GOOGLE: DEALS 310
13.2.6 MICROSOFT 312
TABLE 399 MICROSOFT: BUSINESS OVERVIEW 312
FIGURE 66 MICROSOFT: COMPANY SNAPSHOT 313
TABLE 400 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 313
TABLE 401 MICROSOFT: DEALS 314
13.2.7 HITACHI 316
TABLE 402 HITACHI: BUSINESS OVERVIEW 316
FIGURE 67 HITACHI: COMPANY SNAPSHOT 317
TABLE 403 HITACHI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 317
TABLE 404 HITACHI: PRODUCT LAUNCHES & ENHANCEMENTS 318
TABLE 405 HITACHI: DEALS 318
13.2.8 SAP 320
TABLE 406 SAP: BUSINESS OVERVIEW 320
FIGURE 68 SAP: COMPANY SNAPSHOT 321
TABLE 407 SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 321
TABLE 408 SAP: PRODUCT LAUNCHES & ENHANCEMENTS 322
TABLE 409 SAP: DEALS 322
13.2.9 SAS INSTITUTE 323
TABLE 410 SAS INSTITUTE: BUSINESS OVERVIEW 323
TABLE 411 SAS INSTITUTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 323
TABLE 412 SAS INSTITUTE: PRODUCT LAUNCHES & ENHANCEMENTS 324
TABLE 413 SAS INSTITUTE: DEALS 324
13.2.10 SOFTWARE AG 325
TABLE 414 SOFTWARE AG: BUSINESS OVERVIEW 325
FIGURE 69 SOFTWARE AG: COMPANY SNAPSHOT 326
TABLE 415 SOFTWARE AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 326
TABLE 416 SOFTWARE AG: PRODUCT LAUNCHES & ENHANCEMENTS 327
TABLE 417 SOFTWARE AG: DEALS 327
13.2.11 TIBCO SOFTWARE 329
TABLE 418 TIBCO SOFTWARE: BUSINESS OVERVIEW 329
TABLE 419 TIBCO SOFTWARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 329
TABLE 420 TIBCO SOFTWARE: PRODUCT LAUNCHES & ENHANCEMENTS 330
TABLE 421 TIBCO SOFTWARE: DEALS 330
13.2.12 ALTAIR 331
TABLE 422 ALTAIR: BUSINESS OVERVIEW 331
FIGURE 70 ALTAIR: COMPANY SNAPSHOT 332
TABLE 423 ALTAIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 332
TABLE 424 ALTAIR: PRODUCT LAUNCHES & ENHANCEMENTS 333
TABLE 425 ALTAIR: DEALS 333
13.2.13 ORACLE 335
TABLE 426 ORACLE: BUSINESS OVERVIEW 335
FIGURE 71 ORACLE: COMPANY SNAPSHOT 336
TABLE 427 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 336
TABLE 428 ORACLE: DEALS 337
13.2.14 SPLUNK 338
TABLE 429 SPLUNK: BUSINESS OVERVIEW 338
TABLE 430 SPLUNK: PRODUCTS/SOLUTIONS/SERVICES OFFERED 338
TABLE 431 SPLUNK: DEALS 339
13.2.15 C3.AI 340
13.2.16 EMERSON 340
13.2.17 GE 341
13.2.18 HONEYWELL 342
13.2.19 SIEMENS 343
13.2.20 PTC 343
13.3 STARTUPS/SMES 344
13.3.1 DINGO 344
13.3.2 UPTAKE 344
13.3.3 SAMOTICS 345
13.3.4 WAVESCAN 345
13.3.5 QUADRICAL AI 346
13.3.6 UPKEEP 346
13.3.7 LIMBLE 347
13.3.8 SENSEGROW 348
13.3.9 PRESAGE INSIGHTS 348
13.3.10 FACLON LABS 349
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
14 ADJACENT AND RELATED MARKETS 350
14.1 ADJACENT AND RELATED MARKETS 350
14.1.1 INTRODUCTION 350
14.1.2 ENTERPRISE ASSET MANAGEMENT MARKET— GLOBAL FORECAST TO 2028 350
14.1.2.1 Market definition 350
14.1.2.2 Market overview 350
TABLE 432 ENTERPRISE ASSET MANAGEMENT MARKET SIZE AND GROWTH, 2018–2022 (USD MILLION, Y-O-Y%) 351
TABLE 433 ENTERPRISE ASSET MANAGEMENT MARKET SIZE AND GROWTH, 2023–2028 (USD MILLION, Y-O-Y%) 351
14.1.2.2.1 Enterprise Asset Management Market, By Offering 352
TABLE 434 ENTERPRISE ASSET MANAGEMENT MARKET, BY OFFERING, 2018–2022 (USD MILLION) 352
TABLE 435 ENTERPRISE ASSET MANAGEMENT MARKET, BY OFFERING, 2023–2028 (USD MILLION) 352
14.1.2.2.2 Enterprise Asset Management Market, By Application 352
TABLE 436 ENTERPRISE ASSET MANAGEMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 353
TABLE 437 ENTERPRISE ASSET MANAGEMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 353
14.1.2.2.3 Enterprise Asset Management Market, By Deployment Model 353
TABLE 438 ENTERPRISE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2018–2022 (USD MILLION) 354
TABLE 439 ENTERPRISE ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODEL, 2023–2028 (USD MILLION) 354
14.1.2.2.4 Enterprise Asset Management Market, By Organization Size 354
TABLE 440 ENTERPRISE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION) 354
TABLE 441 ENTERPRISE ASSET MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION) 355
14.1.2.2.5 Enterprise Asset Management Market, By Vertical 355
TABLE 442 ENTERPRISE ASSET MANAGEMENT MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 355
TABLE 443 ENTERPRISE ASSET MANAGEMENT MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 356
14.1.2.2.6 Enterprise Asset Management Market, By Region 356
TABLE 444 ENTERPRISE ASSET MANAGEMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 356
TABLE 445 ENTERPRISE ASSET MANAGEMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 357
14.1.3 BIG DATA MARKET—GLOBAL FORECAST TO 2028 357
14.1.3.1 Market definition 357
14.1.3.2 Market overview 358
TABLE 446 GLOBAL BIG DATA MARKET SIZE AND GROWTH RATE, 2018–2022 (USD MILLION, Y-O-Y) 359
TABLE 447 GLOBAL BIG DATA MARKET SIZE AND GROWTH RATE, 2023–2028 (USD MILLION, Y-O-Y) 359
14.1.3.2.1 Big Data Market, By Offering 359
TABLE 448 BIG DATA MARKET, BY OFFERING, 2018–2022 (USD MILLION) 360
TABLE 449 BIG DATA MARKET, BY OFFERING, 2023–2028 (USD MILLION) 360
14.1.3.2.2 Big Data Market, By Business Function 360
TABLE 450 BIG DATA MARKET, BY BUSINESS FUNCTION, 2018–2022 (USD MILLION) 361
TABLE 451 BIG DATA MARKET, BY BUSINESS FUNCTION, 2023–2028 (USD MILLION) 361
14.1.3.2.3 Big Data Market, By Data Type 361
TABLE 452 BIG DATA MARKET, BY DATA TYPE, 2018–2022 (USD MILLION) 362
TABLE 453 BIG DATA MARKET, BY DATA TYPE, 2023–2028 (USD MILLION) 362
14.1.3.2.4 Big Data Market, By Vertical 362
TABLE 454 BIG DATA MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 363
TABLE 455 BIG DATA MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 364
14.1.3.2.5 Big Data Market, By Region 364
TABLE 456 BIG DATA MARKET, BY REGION, 2018–2022 (USD MILLION) 365
TABLE 457 BIG DATA MARKET, BY REGION, 2023–2028 (USD MILLION) 365
15 APPENDIX 366
15.1 DISCUSSION GUIDE 366
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 373
15.3 CUSTOMIZATION OPTIONS 375
15.4 RELATED REPORTS 375
15.5 AUTHOR DETAILS 376
Table of Contents