Global Predictive Maintenance Market is expected to grow with the CAGR of 39.9% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
Global predictive maintenance market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global predictive maintenance market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance,
IBM Corporation is dominating the market, followed by SAP SE, Microsoft, PTC, Siemens, GENERAL ELECTRIC, Schneider Electric, Software AG, C3.ai, Inc., DINGO Software Pty. Ltd., Splunk Inc., Uptake Technologies Inc, Oracle, Amazon Web Services, Inc. (a subsidiary of Amazon), Softweb Solutions Inc. (An Avnet Company), ABB, Huawei Technologies Co., Ltd., Intel Corporation, SKF, and Hitachi, Ltd. among others.
IBM Corporation headquartered in New York, U.S., was founded in year 1911. The company is engaged in manufacturing and providing new technological solutions for business in various industries. The company offers wide range of product categories such as software trials, analytics, cloud, IBM blockchain, industry solutions, internet of things, IT infrastructure, security and Watson, out of which internet of things is the market focused product category.
The company has presence in Europe, Asia-Pacific, North America, Latin America, Middle East and Africa, generates revenue from subsidiaries such as Red Hat Software (U.S.), IBM India Private Limited (India), Weather Underground (U.S.), Aspera (U.S.), Fiberlink Communications Corp. (U.S.) among others.
SAP SE headquartered in Walldorf, Germany, was founded in 1972. The company is engaged in manufacturing and providing end-to-end enterprise application software, database, analytics, intelligent technologies, and experience management. The company engaged ERP and finance, CRM and customer experience, network and spend management, digital supply chain management, HR and people engagement and business technology platform, out of which digital supply chain management is market focused product category.
The company has wide global presence across the Europe, Asia-Pacific, America and Middle East generates revenue from subsidiaries such as Qualtrics (U.S.), SAP Concur (U.S.), SuccessFactors (U.S.), SAP Ariba (U.S.), SAP Japan Co., Ltd. (Japan) and others.
Microsoft is headquartered in Washington, U.S., which was founded in 1975. The company is engaged in manufacturing and providing cloud-based solutions with software, services, platforms, and content and also provides provide support and consulting services. The company offers product categories such as DevOps, developer tools, hybrid, identity, integration, internet of things, management and governance, media, migration, mixed reality, mobile, networking, security, storage, web, windows virtual desktop, databases, containers, blockchain, analytics, AI + machine learning. Internet of things is the market focused category.
The company has wide global presence in North America, South America, Europe, Asia-Pacific, Middle East and Africa generates revenue from subsidiaries such as GitHub (U.S.), Yammerand (U.S.), Microsoft India (India), Skype Communications S.a r.l. (U.S.), LinkedIn Corporation (U.S.) among others.
Global Predictive Maintenance Market – Industry Trends and Forecast to 2027
Asia-Pacific Predictive Maintenance Market – Industry Trends and Forecast to 2027
Middle East and Africa Predictive Maintenance Market – Industry Trends and Forecast to 2027
Europe Predictive Maintenance Market – Industry Trends and Forecast to 2027
North America Predictive Maintenance Market – Industry Trends and Forecast to 2027
IBM Corporation, SAP SE and Microsoft are Dominating in the North America Predictive Maintenance Market in 2019