Preventive Maintenance Software Market

Preventive Maintenance Software Market
- Global Industry Insights, Trends,
Outlook, 2017–2025
Preventive maintenance refers to general, routine maintenance to help keep devices up
and running, preventing any accidental downtime and costly expenses from unexpected
hardware failure. Increasing demand for maintenance reports is one of the essential
growth factors for the global preventive maintenance software market. Many
organizations utilize the preventive maintenance software or solutions and
computerized maintenance management system (CMMS) to screen and analyze the
maintenance operations, as organizations are required to meet industry-specific
government regulations enforced by governmental bodies of various countries.
Occupational Safety and Health Administration (OSHA) in the U.S. is one such body
that work towards ensuring safe and healthful working environment. This preventive
maintenance software produces reports that can be utilized to protect equipment
reliability by following hardware condition and supplanting worn segments before they
fail, as it provides summary data, outlines and charts, and high configurability.
One of the recent trends that will pick up footing in the preventive maintenance software
market in the forecasted years is the rising market of Internet of Things in preventive
maintenance. According to Coherent Market Insights analysis in 2016, around 17.7
billion devices are installed or connected up from 15.4 billion and is predicted to reach
up to 62 billion in 2024. Internet of Things helps to generate smart communication
environment, for example, smart healthcare, smart transportation, smart homes, and
smart cars. The expansion of smart connected devices has expanded because of the
rise of internet of things. Smart connected devices incorporate portable imaging devices
and navigation devices with cellular devise and these gadgets offers information about
machines and their working conditions. More over the data security and privacy issue
become one major challenge which hinders the growth of the global preventive
maintenance software market.
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Preventive Maintenance Software Market Taxonomy
On the basis of deployment type, the global preventive maintenance software market is
classified into:
● Cloud
● On-premises
On the basis of component, the global preventive maintenance software market is
classified into:
● Solution
● Services
On the basis of organization, the global preventive maintenance software market is
classified into:
● Small and Medium Enterprises
● Large Enterprises
On the basis of verticals, the global preventive maintenance software market is
classified into:
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●
●
●
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Government
Aerospace and Defense
Energy and Utilities
Manufacturing
Healthcare
Transportation and Logistics
Others
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Preventive Maintenance Software Market Outlook – North America to be growth
engine
On the basis of geography, the study is diversified into North America, Europe, Asia
Pacific, Latin America, Middle East, and Africa. The North America hold the dominating
position in the global preventive maintenance software market and is expected. Due to
high presence of market leaders and high penetration of smartphones offers a major
demand for preventive maintenance software in the North America region. The offering
of mobile based preventive maintenance software by various venders in North America
region also fuels the market of preventive maintenance software in the region. Various
preventive maintenance software providers offers a mobile functionality either from web
browser or application.
Dude Solutions, Maintenance Connection, ManagerPlus, IQMS, AssetPoint, Building
Engines, eMaint, CWORKS, Argos, DPSI, Corrigo, CyberMetrics, FacilityONE, FMX,
Infor, Maintenance Assistant, Hippo CMMS Software, MAPCON Technologies,
Maintenance Care, MPulse Maintenance Software, Maxpanda, MicroMain, and
TechWare Smartware Group, are some of major companies of the global preventive
maintenance software market. Acquisition, merger, innovation and new product launch
are some of the major strategies adopted by the market leaders to sustain in the global
preventive maintenance software market.
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Preventive Maintenance Software Market report categorizes global market on the basis of deployment type, component, organization, and verticals - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025