Global Asset Performance Management Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Asset Performance Management Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Asset performance management software is kind of software refers to usage of different assets, by business organizations, for achieving business specific goals. It can be termed as the approach taken by business organizations, for optimal management of asset deployment, so as to maximize the profit for the organization, coupled with predictability for the supply chain.

Market Overview:

The latest research study on the global Asset Performance Management Software market finds that the global Asset Performance Management Software market reached a value of USD 4064.7 million in 2022. It’s expected that the market will achieve USD 5336.3 million by 2028, exhibiting a CAGR of 4.64% during the forecast period.

Region Overview:

Geographically, North America held the largest market share – 39.73% in 2022.

Company Overview:

GE Digital is one of the major players operating in the Asset Performance Management Software market, holding a share of 10.2% in 2021.

GE Digital

GE Digital is a subsidiary of the American multinational conglomerate corporation General Electric. Headquartered in San Ramon, California, United States, the company provides software and advisory services around operational technology and infrastructure.

Bentley Systems

Bentley Systems, Incorporated, is an American-based software development company that develops, manufactures, licenses, sells and supports computer software and services for the design, construction, and operation of infrastructure. The company's software serves the building, plant, civil, and geospatial markets in the areas of architecture, engineering, construction (AEC) and operations.

Segmentation Overview:

As for product types, the Cloud Based segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Manufacturing, with a market share of 26.26% in 2022.

Key Companies in the global Asset Performance Management Software market covered in Chapter 3:

IBM
DNV GL
Siemens
Aspen Technology
Nexus Global
Detechtion Technologie
Aveva
Uptake
OSIsoft
GE Digital
ARMS Reliability
ABB
Bentley Systems
IPS-Intelligent Process Solutions
SAP
MaxGrip

In Chapter 4 and Chapter 14.2, on the basis of types, the Asset Performance Management Software market from 2018 to 2029 is primarily split into:

On-Premises
Cloud Based

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Asset Performance Management Software market from 2018 to 2029 covers:

Government & Utilities
Oil and Gas
Manufacturing
Transportation
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)