Home Press Releases Computerized Maintenance Management System Market Size Worth $3,013.31 Million By 2032 | CAGR: 10.8%

Computerized Maintenance Management System Market Size Worth $3,013.31 Million By 2032 | CAGR: 10.8%

The global computerized maintenance management system market size is expected to reach USD 3,013.31 million by 2032, according to a new study by Polaris market research. The report “Computerized Maintenance Management System Market Share, Size, Trends, Industry Analysis Report, By Deployment (Cloud, On-premise); By Enterprise Size; By End-use; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The global market is being driven by an expansion in companies and a rising demand for enhanced operations maintenance. A computerized maintenance management system efficiently and successfully tracks jobs that have been assigned and accomplished in addition to maintaining records. To effectively supervise and coordinate maintenance management, businesses have begun utilizing computerized maintenance management systems extensively.

 

Furthermore, another important factor driving the global market for computerized maintenance management solutions (CMMS) is the increasing usage of cloud- and web-based technologies. The computerized maintenance management solutions allow multi-language capabilities and offer improved accountability, which is projected to fuel market expansion. Numerous key performance indicators are tracked with the aid of CMMS, such as maintenance expenses, equipment uptime, and work order completion rates. Users can decide how to enhance maintenance operations by tracking and examining KPIs.

 

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The options for computerized maintenance management have emerged as a result of technological advancement. Enterprise asset management is another name for computerized maintenance management solutions.

 

For instance, On June 20, 2022, brightly recognized for providing a thorough data-driven EAM solution supported by its fundamental computerized maintenance management systems, and over 20 years of data, and breadth of experience across the markets it serves. As a market leader, Brightly Software is in a good position to use its knowledge to provide an all-encompassing EAM solution with a feature-rich mobile app.

 

Computerized Maintenance Management System Market Report Highlights

  • On-premise is expected to account for the majority of revenue in 2022. The primary factor driving the growth of this market is the growing acceptance of the notion that on-premises systems give superior stability and security.
    • In 2022, the Small & Medium Businesses category is expected to have considerable revenue. The reason that SMEs dominate the market is that CMMS provides complete maintenance functions in a single software package at a reasonable cost.
    • In 2022, the manufacturing industry will account for a sizable market share. The necessity for the management of industrial facilities by organizations has been the main factor driving market expansion.
    • North America is expected to dominate the market in 2022. The US is expected to have several e-commerce companies, including Amazon and Walmart, which will be the main force boosting industry expansion.
    • The global players with a global presence include Fiix, NexGen, Mapcon Technologies, MicroMain Corporation, Fracctal, and Dude Solutions.

 

Polaris Market Research has segmented the Computerized Maintenance Management System Market report based on deployment, enterprise size, end-use, and region:

 

Computerized Maintenance Management System, Deployment Outlook (Revenue – USD Million, 2019 – 2032)

  • Cloud
  • On-premise

Computerized Maintenance Management System, Enterprise Size Outlook (Revenue – USD Million, 2019 – 2032)

  • Large Enterprises
  • Small & Medium Enterprises

Computerized Maintenance Management System, End-use Outlook (Revenue – USD Million, 2019 – 2032)

  • Manufacturing
  • Facility Management
  • Healthcare
  • Education
  • Government
  • Others

Computerized Maintenance Management System, Regional Outlook (Revenue – USD Million, 2019 – 2032)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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