Global Asset Performance Management (APM) Market Overview:
Asset performance management (APM), a proven approach to improve reliability, decrease the maintenance cost and minimizing risk & operating cost. In the upcoming years, new construction and infrastructure projects in various industry such as oil & gas, healthcare, aerospace & defense and transportation sector are expected to fuel the demand for APM solution worldwide. These projects needs solutions includes inventory tracking, asset management and improved work efficiency.
- Increased Asset Life of Aging Infrastructure
- Reduced Maintenance and Procurement Costs
- Increasing Need of Tracking Ability of Assets in an Organization
- High Deployment Cost for Small & Medium Enterprises
- Increasing Deployment of Cloud-Based Solutions among Various Industry
- Consistently Changes and Upgradation of Technology
- Lack of Skilled & Expertise Professionals
Some of the key players profiled in the report are ABB Ltd. (Switzerland), CGI Group Inc. (United States), Dude Solutions, Inc. (United States), eMaint (United States), IBM Corporation (United States), IFS AB (Sweden), Infor (United States), Oracle Corporation (United States), Ramco Systems (India), SAP SE (Germany) and Schneider Electric SA (France). Additionally, following companies can also be profiled that are part of our coverage like Vesta Partners, LLC (United States), Prevas AB (Sweden) and General Electric Co. (United States). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Asset Performance Management (APM) market by 2024. Considering Market by , the sub-segment i.e. will boost the Asset Performance Management (APM) market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Asset Performance Management (APM) market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Asset Performance Management (APM) market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Support and Maintenance Service Providers, Implementation Service Providers, Training and Education Service Providers, Energy and Utilities Companies, System Design and Development Vendors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.