North American asset performance management (APM) market is projected to grow at a significant CAGR during the forecast period (2020-2026). The market is mainly driven due to the growing adoption of the cloud-based APM service in various industries such as healthcare, BFSI, energy & utilities.
Browse the full report description North American 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/north-american-asset-performance-management-apm-market
The cloud-based APM solutions provide various benefits such as improved return on asset, tracking of assets, and decrease in the procurement and maintenance cost which further provide significant adoption in the above-mentioned industries. Moreover, the presence of major players including General Electric Co., IBM Corp., Bentley Systems Inc., and others in the region further provide a significant share in the North American Market.
The major players contributing significantly by providing the advanced solution to the end-users in the region that further propels the market growth during the forecast period. For instance, General Electric Co. provides Predix APM is a suite of software and service solutions intended to support optimize the performance of enterprise assets. Predix APM joins disparate data sources and utilized advanced analytics to turn data into actionable insights while raising collaboration and knowledge-management across enterprises. The Predix APM operates across all equipment, all OEMs, industries, across the plant and fleet. Predix APM offers enterprises the flexibility to develop new analytics and applications, making it versatile to fitting dynamic requirements.
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 |
US and Canada |
|
Key Companies Profiled |
General Electric Co., IBM Corp., Bentley Systems, Inc., Infor, Microsoft
Corp., Oracle Corp., Nexus Global Business Solutions,
Inc., and others |
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
o Recommendations
North American APM Market – Segmentation
By Deployment
By Industry
North American APM Market – Segmentation by Region
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