Global Computerized Maintenance Management System (CMMS) Software Market Growth (Status and Outlook) 2023-2029

Global Computerized Maintenance Management System (CMMS) Software Market Growth (Status and Outlook) 2023-2029

Computerized maintenance management system (CMMS), also known as computerized maintenance management information system (CMMIS), is a software package that maintains a computer database of information about an organization's maintenance operations. This information is intended to help maintenance workers do their jobs more effectively (for example, determining which machines require maintenance and which storerooms contain the spare parts they need) and to help management make informed decisions (for example, calculating the cost of machine breakdown repair versus preventive maintenance for each machine, possibly leading to better allocation of resources). CMMS data may also be used to verify regulatory compliance. To properly control the maintenance of a facility, information is required to analyze what is occurring. Manually this requires a tremendous amount of effort and time. A CMMS also allows for record keeping, to track completed and assigned tasks in a timely and cost-effective manner. In recognition of this, companies have started using CMMS extensively to better control and organize maintenance management. The different steps of implementing a CMMS plan have been described in the diagram.

A CMMS offers multiple core maintenance functionalities. It is not limited to manufacturing but expands to facilities, utilities, fleet, hospitals, sport areas and more where any type of equipment/assets are subject to repair and need maintenance.

LPI (LP Information)' newest research report, the “Computerized Maintenance Management System (CMMS) Software Industry Forecast” looks at past sales and reviews total world Computerized Maintenance Management System (CMMS) Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Computerized Maintenance Management System (CMMS) Software sales for 2023 through 2029. With Computerized Maintenance Management System (CMMS) Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Computerized Maintenance Management System (CMMS) Software industry.

This Insight Report provides a comprehensive analysis of the global Computerized Maintenance Management System (CMMS) Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Computerized Maintenance Management System (CMMS) Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Computerized Maintenance Management System (CMMS) Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Computerized Maintenance Management System (CMMS) Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Computerized Maintenance Management System (CMMS) Software.

The global Computerized Maintenance Management System (CMMS) Software market size is projected to grow from US$ 926.4 million in 2022 to US$ 1482.8 million in 2029; it is expected to grow at a CAGR of 7.0% from 2023 to 2029.

North America is the largest market of Computerized Maintenance Management System (CMMS) Software, with about 45% market share. Europe is follower, accounting for about 26% market share.The key players are include IBM, Dude Solutions, Siveco, UpKeep, Accruent, Rockwell Automation (Fiix), ServiceChannel, and DPSI, etc. Global top 2 players hold a share nearly 25 percent.In terms of product, cloud based is the largest segment, with a share over 74%. And in terms of application, the largest application is industrial & manufacturing, followed by logistics & retail.

This report presents a comprehensive overview, market shares, and growth opportunities of Computerized Maintenance Management System (CMMS) Software market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud Based
On-Premises

Segmentation by application
Industrial & Manufacturing
Property Management Firms
Logistics & Retail
Education & Government
Healthcare and Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Dude Solutions
Siveco
UpKeep
Accruent
Rockwell Automation (Fiix)
ServiceChannel
DPSI
eMaint
JLL (Corrigo)
iOffice (Hippo & ManagerPlus)
IFS
JDM Technology
Ultimo
MRI (Real Asset Management)
EZOfficeInventory
eWorkOrders
Spacewell
Megamation Systems
Sierra
Ashcom Technologies
MVP Plant
Maxpanda
FasTrak
FMX
Landport
CyberMetrics (FaciliWorks)
Orion IXL Bhd

Please note: The report will take approximately 2 business days to prepare and deliver.