Energy & Utilities Sector Propelling the European APM Market

Published: Mar 2021

European asset performance management (APM) market is projected to grow at a significant CAGR during the forecast period (2020-2026). Factors contributing to the growth of the market in Europe include well-developed IT infrastructure, high adoption of cloud-based APM software among enterprises. The major factor that mainly propels the growth of the market in the region includes the rising demand for analytics and APM solutions in the energy & utility sector coupled with growth in the asset in the utility providers in the region. Moreover, Oracle Corp., Microsoft Corp., IBM Corp. are the global APM players and also operate in the region. 

Browse the full report description European Asset Performance Management (APM) Market Size, Share & Trends Analysis Report By Deployment (Cloud-based and On-Premises), By Industry (BFSI, Energy & Utilities, Healthcare, Government, IT & Telecom and Others) and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/europe-asset-performance-management-apm-market

Moreover, various market players in the market are expanding their presence in the region. Microsoft Corp., the US-based company is one of the major players in the APM market globally. In September 2016, the company started to provide Microsoft Cloud Germany. It is a special cloud solution offered by the company in the country to create more opportunities for innovation and economic growth in the country. The company had developed new data centers in Magdeburg and Frankfurt, which is managed by T-Systems International, a German-based company. Through this, the company is planning to tap the increasing number of enterprises by offering its innovative cloud solutions, including the APM solution.

   Market Coverage

Report Elements

Details

Study Period

2019-2026

Base year

2019

Forecast period

2020-2026

Segments Covered

By Deployment and by Industry

Regions Covered

UK, Germany, France, Italy, Spain and the Rest of Europe

Key Companies Profiled

ABB Ltd., AVEVA Group plc, IBM Corp., Intelligent Process Solutions GmbH, SAP SE, Siemens AG, and others

Key Questions Addressed by the Report

  • What is the market growth rate during the forecast period?
  • Which segment/region dominates the market in the base year?
  • Which segment/region will project the fastest growth in the market during the forecast period?
  • How will COVID-19 impact the market growth in 2020 and the coming years?

o Recovery Timeline

o Deviation from the pre-COVID forecast.

o Most affected region/segment

o Recommendations 

  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

European APM Market – Segmentation

By deployment

  • Cloud-based
  • On-Premises 

By Industry

  • BFSI
  • Energy & Utilities
  • Healthcare  
  • Government  
  • IT & Telecom
  • Others (Food & Beverages)

European APM Market – Segmentation by Region

  • UK
  • Germany
  • France 
  • Italy 
  • Spain
  • Rest of Europe

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/europe-asset-performance-management-apm-market