#Computerized Maintenance Management System (CMMS) Software Market” research Computerized Maintenance Management System (CMMS) Software
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Maintenance Repair & Operations (MRO) Procurement Intelligence 2024-2030: From Insights to Action
The maintenance repair & operations (MRO) category is expected to grow at a CAGR of 2.2% from 2024 to 2030. The increasing demand from the manufacturing industries, the high adoption of smart technologies, and the growing requirement to reduce equipment downtime are driving the category’s growth. Companies are increasingly using MRO services to manage their supply chain and inventory efficiently. It is mainly helpful when multiple materials are used in the production process and the absence of any particular material can have a significant impact on production. Robotics is one of the fastest-growing technologies in this category used for improving operational efficiency. It is widely implemented in the industrial, manufacturing, and aftermarket segments. The major applications include single-part repairs, carbon fiber manufacturing, and intricate inspection tasks using miniaturization, which enables robots to inspect components normally difficult for humans to access.
The category is fragmented with a mix of players ranging from spare parts suppliers to national and international-level distributors. MRO often involves a wide, fragmented network of suppliers providing anything from tools, safety equipment, and cleaning supplies. According to industry experts, there is a growth trajectory for aftermarket and maintenance, engineered and machined components suppliers in lower-tier (or, Tier 3) segments in fragmented markets. Companies are increasingly collaborating or collaborating with technology providers to improve their services or expand their product lines.
A few instances of recent developments include:
• In January 2024, Wurth’s division, “Wurth Electrical Wholesale Group” purchased a Poland-based company, TIM SA. The latter is one of the largest electrical materials distributors in Poland. The deal aims to expand and strengthen Wurth’s electrical wholesaling activities in Poland as TIM operates as the largest e-commerce platform in the nation, generating around 70% of revenue through online mediums. Post-purchase, both units under the acquiree-the wholesale and the logistics division-will continue to operate as independent companies.
• In September 2023, Applied Industrial Technologies (AIT) purchased two companies-Bearing Distributors and Cangro Industries. The acquisition will help AIT strengthen its local presence in South Carolina and New York and increase customer access. Both companies will benefit from expanded product lines as they get access to enhanced automation operations.
Order your copy of the Maintenance Repair & Operations (MRO) Procurement Intelligence Report, 2024 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Labor, warehousing, rent and utilities, technology or IT infrastructure, and overheads. Other costs can include transportation, marketing, legal, or tax. Labor is the largest cost component. IT infrastructure is crucial as it includes elements like engineering systems, computerized maintenance management systems (CMMS), enterprise resource planning (ERP) software, and e-procurement systems that impact costs. A CMMS system allows firms to simplify maintenance operations by tracking equipment, inventory, and manpower. There are multiple pricing models in CMMS such as per-user per-month subscription model, tiered pricing models, and on-time perpetual licensing model. In 2024, CMMS software prices may range from as low as USD 30 per user per month to USD 350 per user per month for more complex capabilities. For a customized CMMS solution, the cost can range between USD 1,800 - USD 20,000. Mid-sized companies spend on average between USD 10,000 - USD 50,000 for a customized solution. Small companies can pay around USD 45 - USD 125 per month for a subscription-based model.
China is one of the most preferred countries for procuring industrial supplies and MRO services. While selecting the MRO service providers, clients should consider a number of factors, including product quality, service, and supplier reliability, years of experience and expertise in the target industry, shipping speed, and shipping costs. Other important considerations, under sourcing, include examining the seasonal patterns of MRO inventory demand and adjusting purchases accordingly.
Maintenance Repair & Operations (MRO) Sourcing Intelligence Highlights
• The maintenance repair & operations (MRO) category is fragmented. As a result of this fragmentation, the major challenges for vendors include high acquisition costs, poor visibility into demand, and duplication.
• The competitive rivalry is high among players due to low switching costs and industry fragmentation. One of the major barriers to entry among new entrants is information asymmetry as a result of information or data controls and manuals by manufacturers, OEMs, or vendors.
• Labor forms the largest component, accounting for a 40% - 50% share of the total cost structure.
• Some of the other preferred countries for procuring MRO services include Malaysia, Singapore, Turkey, and UAE (Dubai). These nations have consistently established themselves as reliable players in the APAC region. This is mainly due to the favorable government policies and tax incentives, the ability to create viable ecosystems, and the presence of cost-efficient skilled labor.
List of Key Suppliers
• Adolf Würth GmbH & Co. KG
• Air Liquide S.A.
• Applied Industrial Technologies, Inc.
• MSC Industrial Direct Co., Inc.
• Rubix Group International Limited
• Linde Engineering
• ERIKS Group
• Sonepar Group
• WESCO International, Inc.
• W. W. Grainger, Inc.
• RS Group (formerly Electrocomponents plc)
• Critica Infrastructure (Henkel)
Browse through Grand View Research’s collection of procurement intelligence studies:
• Meetings and Events Procurement Intelligence Report, 2024 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
• Facilities Management Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Maintenance Repair & Operations (MRO) Procurement Intelligence Report Scope
• Maintenance Repair & Operations (MRO) Category Growth Rate: CAGR of 2.2% from 2024 to 2030
• Pricing Growth Outlook: 8% - 15% (Annually)
• Pricing Models: Cost Plus pricing, contract-based pricing model
• Supplier Selection Scope: Cost and pricing, past engagements, productivity, geographical presence
• Supplier Selection Criteria: By types of services and supplies (industrial and production equipment, construction and infrastructure repairs, material handling equipment, tools and supplies, etc.), operational and functional capabilities, quality measures, standards followed, certifications, regulations, and others
• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
• Market Intelligence involving – market size and forecast, growth factors, and driving trends
• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
#Maintenance Repair & Operations (MRO) Procurement Intelligence#Maintenance Repair & Operations (MRO) Procurement#Procurement Intelligence 2024-2030
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Digital Light Processing DLP Projector Market Size, Share, Growth, Trends [2032]
Digital Light Processing DLP Projector Market provides in-depth analysis of the market state of Digital Light Processing DLP Projector manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Light Processing DLP Projector in these regions till the forecast period
North America
Middle East and Africa
Asia-Pacific
South America
Europe
Key Attentions of Digital Light Processing DLP Projector Market Report:
The report offers a comprehensive and broad perspective on the global Digital Light Processing DLP Projector Market.
The market statistics represented in different Digital Light Processing DLP Projector segments offers complete industry picture.
Market growth drivers, challenges affecting the development of Digital Light Processing DLP Projector are analyzed in detail.
The report will help in the analysis of major competitive market scenario, market dynamics of Digital Light Processing DLP Projector.
Major stakeholders, key companies Digital Light Processing DLP Projector, investment feasibility and new market entrants study is offered.
Development scope of Digital Light Processing DLP Projector in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Light Processing DLP Projector Market
Advancement is elaborated in this report. The upstream and downstream components of Digital Light Processing DLP Projector and a comprehensive value chain are explained.
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Computerized Maintenance Management Systems Market Outlook: World Approaching Demand & Growth Prospect 2023-2028
Advance Market Analytics released a new market study on Global Computerized Maintenance Management Systems Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Computerized Maintenance Management Systems Forecast till 2028*.
A CMMS, or computerized maintenance management system, is software that centralizes maintenance information and simplifies maintenance operations processes. It aids in the optimization of the utilization and availability of physical assets such as vehicles, machinery, communications, plant infrastructure, and other assets. CMMS systems, also known as CMMIS or computerized maintenance management information system, are used in industries such as manufacturing, oil and gas production, power generation, construction, transportation, and others where physical infrastructure is critical.
Key Players included in the Research Coverage of Computerized Maintenance Management Systems Market are:
ManagerPlus (United States)
Mapcon Technologies, Inc. (United States)
MicroMain Corporation(United States)
Infor, Inc.( United States)
EMaint (United States)
Hippo CMMS (Canada)
IBM(United States)
UpKeep (United States)
IFS(Sweden) What's Trending in Market: The computerized maintenance management systems market is seeing an increase in the use of predictive maintenance and the cloud.
Challenges: Lack of trained professionals
Opportunities: The demand for efficient maintenance practices, time-saving services, and low cost are major drivers of the computerized maintenance management system market.
Market Growth Drivers: The need to keep the computer's database of maintenance operations up to date is growing.
Rising interest for enhanced maintenance of operations
The Global Computerized Maintenance Management Systems Market segments and Market Data Break Down 7081 To comprehend Global Computerized Maintenance Management Systems market dynamics in the world mainly, the worldwide Computerized Maintenance Management Systems market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia. Presented By
AMA Research & Media LLP
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" Computerized Maintenance Management System (CMMS) Software Market” research report detailed market analysis, insights, overview, outlook, share, size, cagr, statistics, trends and forecast.
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Computerized Maintenance Management System (CMMS) Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2031
The global computerized maintenance management system (CMMS) market is expected to reach a valuation of US$ 2.75 Mn by 2031. The increasing demand for CMMS software among small and mid-sized businesses and rising adoption of asset monitoring solution in energy and utilities sector are fuelling the demand for CMMS solutions.
A CMMS software enables balancing the resources and maintaining the maintenance costs so that maintenance backlog doesn’t get out of hand. The software captures small repairs that would otherwise go unnoticed and enables maintenance tasks to be properly scheduled, assigned, and prioritized before any major failure occurs.
Within manufacturing plants, every equipment is of a very high cost. If any of these machines or equipment remain idle for a certain period of time, it can impact business operation and profit. CMMS software provides great assistance in manufacturing plants. The software prevents machines & equipment from failure and breakdown. Thus, several large and start-up manufacturing firms are focusing on implementing CMMS software to manage maintenance activities, prevent machine breakdowns, and prepare for future repairs.
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In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for CMMS solutions. The report tracks the global adoption of CMMS products in 20+ high-growth markets, along with analyzing the impact of COVID-19 on the global adoption of CMMS solutions, along with the pre-COVID and post-COVID market growth analysis.
Increase in the number of manufacturing facilities, and rising demand for enhanced maintenance of operations and rise in adoption of cloud/web-based technologies are some of the key factor propelling the growth of CMMS market globally. The manufacturing segment will remain the key end user in the market, accounting for a share of 30.5% followed by energy and utility segment.
Key Takeaways: Computerized Maintenance Management System (CMMS) Market
The global CMMS market is estimated to register a CAGR of 8.7% during the forecast period of 2021-2031
The U.S. has remained early adopter of latest technologies. It also exhibits increasing uptake of CMMS software and services, accounting for over 80% of North America market
Expansion of energy and utilities sector will drive sales in the U.K., enabling y-o-y growth at 10.1% in 2021
China will continue leading the East Asia market on the back of consistently rising manufacturing activities
Increasing investment in modern technologies will pave way for expansion in India
“A CMMS software plays a critical role in an industry’s move from reactive maintenance to proactive to predictive maintenance. Integration of AI and IoT with CMMS solution will create huge opportunities for software vendors” says FMI Analyst.
Discover more about report analysis with figures and data tables, along with the table of contents. Ask an Analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-5491
COVID-19 Impact Analysis on CMMS Market
The COVID-19 pandemic has clearly divided individual’s needs into essentials and non-essentials. Utilities – electricity, gas, and water – fall firmly in the first category. As these industries are the key part of a nation’s economy, as other industries depend on it to serve the needs of every common man. Power, utilities & renewables (PU&R) companies are continuously focusing on keeping their assets on-line and providing safe, reliable supplies of electricity and natural gas during the pandemic.
Energy and utility providers across the globe are becoming increasingly concerned about the spread of the virus among their employees. This puts a bigger demand and more stress on organizations to take a more aggressive approach to improve worker safety through preventive best practices and proper preparation. In these times, automation of your workflow can really help streamline your operations.
CMMS software tools can help manage sudden changes in operations – like making changes in maintenance schedules or placing an emphasis on facility cleaning – like those that were required after the COVID-19 outbreak. The software manages the auto-routing of work orders to right staff, escalating critical work and having the proper notifications to alert team members, and getting approvals for appropriate work.
These capabilities enable energy and utility organizations to improve operations, deliver critical communication and make sure the work continues – even in a pandemic. Thus, the CMMS market has shown significant growth during the pandemic. Increasing lockdown periods due to COVID-19 pandemic have estimated to motivate the energy and utility organizations to procure CMMS software during the forecast period.
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Computerized Maintenance Management System (CMMS) Market Global Trends, Market Demand, Industry Analysis, Opportunities 2021-2027
Computerized Maintenance Management System (CMMS) Software Market 2021-2027
A New Market Study, Titled “Computerized Maintenance Management System (CMMS) Software Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.
Description
This global study of the Computerized Maintenance Management System (CMMS) Software market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Computerized Maintenance Management System (CMMS) Software industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
Computerized Maintenance Management System (CMMS) Software Industry 2021 Global Market Research report presents an in-depth analysis of the Computerized Maintenance Management System (CMMS) Software market size, growth, share, segments, manufacturers, marketplace expanding, technological innovations, revenue and technologies, key trends, market drivers, price, cost structure, challenges, standardization, deployment models, opportunities, future roadmap, and 2027 forecast.
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This report contains market size and forecasts of Computerized Maintenance Management System (CMMS) Software in Global, including the following market information: Global Computerized Maintenance Management System (CMMS) Software Market Revenue, 2016-2021, 2022-2027, ($ millions) Global top five companies in 2020 (%)
The global Computerized Maintenance Management System (CMMS) Software market was valued at 858.1 million in 2020 and is projected to reach US$ 1177.5 million by 2027, at a CAGR of 8.2% during the forecast period.
Fusion Market Research has surveyed the Computerized Maintenance Management System (CMMS) Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Competitor Analysis The report also provides analysis of leading market participants including: Total Computerized Maintenance Management System (CMMS) Software Market Competitors Revenues in Global, by Players 2016-2021 (Estimated), ($ millions) Total Computerized Maintenance Management System (CMMS) Software Market Competitors Revenues Share in Global, by Players 2020 (%)
Further, the report presents profiles of competitors in the market, including the following: Accruent eMaint Dude Solutions iOffice (Hippo & ManagerPlus) IBM ServiceChannel Fiix UpKeep Siveco IFS Spacewell JDM Technology MVP Plant DPSI MRI (Real Asset Management) FasTrak FMX Sierra Orion IXL Bhd Ultimo JLL (Corrigo) EZOfficeInventory CyberMetrics (FaciliWorks) Maxpanda eWorkOrders Ashcom Technologies Landport Megamation Systems
Total Market by Segment: Global Computerized Maintenance Management System (CMMS) Software Market, By Type, 2016-2021, 2022-2027 ($ millions) Global Computerized Maintenance Management System (CMMS) Software Market Segment Percentages, By Type, 2020 (%) Cloud Based On-Premises
China Computerized Maintenance Management System (CMMS) Software Market, By Application, 2016-2021, 2022-2027 ($ millions) China Computerized Maintenance Management System (CMMS) Software Market Segment Percentages, By Application, 2020 (%) Industrial & Manufacturing Property Management Firms Logistics & Retail Education & Government Healthcare Others
Global Computerized Maintenance Management System (CMMS) Software Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) Global Computerized Maintenance Management System (CMMS) Software Market Segment Percentages, By Region and Country, 2020 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa
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Table of Contents
1 Introduction to Research & Analysis Reports 2 Global Computerized Maintenance Management System (CMMS) Software Overall Market Size 3 Company Landscape 4 Sights by Product 5 Sights by Application 6 Sights by Region 7 Manufacturers & Brands Profiles 8 Global Computerized Maintenance Management System (CMMS) Software Production Capacity, Analysis 9 Key Market Trends, Opportunity, Drivers and Restraints 10 Computerized Maintenance Management System (CMMS) Software Supply Chain Analysis 11 Conclusion 12 Appendix
Continue…
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Property Management Market Research Report - Global Forecast till 2025
Property Management Market Research Report - Global Forecast till 2025
Market Snapshot
Property management market is a software application tool that helps property managers, property owners, real estate accountants, and other stakeholders to manage rental properties efficiently. These properties include commercial as well as residential spaces that the property manager manages on behalf of its owner. This software helps in streamlining day to day tasks of property managers, thereby reducing the overall time and cost invested in managing the real estate business. For decades, property managers/agents, owners, and accountants have used emails for communication and papers and open-source spreadsheets to record financial transactions, inspection notes, and tenant requests. However, with the introduction of comprehensive property management tools, a number of property managers and other stakeholders have shifted toward the software solutions to streamline their real estate business operations. Therefore, the property management market is driven by the growing need among end users to efficiently manage the real estate business. Further, the introduction of the cloud-based deployment model is expected to boost the adoption of property management solutions.
Property management software has several features including property accounting, contract administration, document management, monitoring of occupancy & vacancy, and analytics among others. The property accounting feature of the software helps end-users to track budget, rent, and other payments. The contract administration and document management feature of the software helps in monitoring and managing the leasing contract of tenants. The monitoring of occupancy and vacancy feature of the tool provides insights about the occupancy and vacancy of the property facilitated by the collection of real-time data through IoT sensors. The analytics feature of the software provides data on customer lifecycle, value of monthly rent by state or province, and predictive trend on tenant’s payments. There are two types of property management software available in the market: server-based or on-premise solution and web-based or cloud-based solution. The server-based property management solution can be installed on the system of the end-user. The data is stored on the on-site server and therefore a dedicated IT team is required to implement, maintain, and upgrade the same. On the other hand, a web-based or cloud-based property management solution does not require the end-user to install the software on the computer. End users simply can log in from any system and use the tool. In this case, the entire data is managed by the third-party providers which frees the user from additional IT expenses.
A survey conducted by Buildium (a property management solution provider) in 2018, stated various challenges faced by property managers. The top challenges listed in the survey were related to property maintenance, accounting & bookkeeping, managing tenant’s documents, and managing the property portfolio. To overcome these challenges, property managers are significantly investing in property management solutions. The survey also stated that, as of 2018, nearly 77% (of those surveyed) were using property management software for managing their businesses. End users who have deployed property management software have witnessed a significant increase in their revenue. The software has also helped them to effectively organize tasks, track their finance, and simplify the rent collection process.
The property management market comprises several players who offer various types of solutions. For instance, IBM offers property management solutions equipped with advanced analytics technology. The company’s Watson analytics integrated with the property management solution provides data related to lease and its maturity date, monthly rent and past due amounts, predictive trend of business paying late, and common area of maintenance of the property among others.
The Global Property Management Market is expected to expand at 7.3% CAGR during the forecast period to reach USD 21.4 Billion by 2025.
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Key Developments
In July 2018, Trimble Inc. acquired Viewpoint, a provider of construction management software. The acquisition is expected to help Trimble to enhance the features of its property management solution.
In June 2018, Yardi Systems, Inc. partnered with Liberty Property Trust (a commercial property owner and management firm) to offer the Yardi voyager software to Liberty Trust to eliminate time-consuming manual processes.
In June 2018, Accruent announced the agreement to acquire Maintenance Connection, the provider of Computerized Maintenance Management System (CMMS). The acquisition will help the company in providing data-driven insights with the help of M2M predictive analytics.
In June 2018, RealPage, Inc. partnered with Princeton Property Management to implement the real page solution at 190 properties including approximately 11,000 units under its management across the Pacific Northwest, US.
Regional Analysis
Geographically, the global property management market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.
North America leads the market in terms of market share in the property management market. Some of the factors that are responsible for the growth of the market include increasing housing development in the region as well growing investment by real-estate agents in various advanced technologies
Europe has occupied the second position in the market. Europe has been segmented into the UK, Germany, France, Spain, Italy, and the rest of Europe. According to the MRFR analysis, the UK is expected to gain the highest market share, followed by Germany and France.
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Computerized Maintenance Management Systems Market Outlook: World Approaching Demand & Growth Prospect 2022-2027
Advance Market Analytics released a new market study on Global Computerized Maintenance Management Systems Market Research report which presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Computerized Maintenance Management Systems Forecast till 2027*.
A CMMS, or computerized maintenance management system, is software that centralizes maintenance information and simplifies maintenance operations processes. It aids in the optimization of the utilization and availability of physical assets such as vehicles, machinery, communications, plant infrastructure, and other assets. CMMS systems, also known as CMMIS or computerized maintenance management information system, are used in industries such as manufacturing, oil and gas production, power generation, construction, transportation, and others where physical infrastructure is critical.
Key Players included in the Research Coverage of Computerized Maintenance Management Systems Market are:
ManagerPlus (United States)
Mapcon Technologies, Inc. (United States)
MicroMain Corporation(United States)
Infor, Inc.( United States)
EMaint (United States)
Hippo CMMS (Canada)
IBM(United States)
UpKeep (United States)
IFS(Sweden) What's Trending in Market: The computerized maintenance management systems market is seeing an increase in the use of predictive maintenance and the cloud.
Challenges: Lack of trained professionals
Opportunities: The demand for efficient maintenance practices, time-saving services, and low cost are major drivers of the computerized maintenance management system market.
Market Growth Drivers: The need to keep the computer's database of maintenance operations up to date is growing.
Rising interest for enhanced maintenance of operations
The Global Computerized Maintenance Management Systems Market segments and Market Data Break Down 7081 To comprehend Global Computerized Maintenance Management Systems market dynamics in the world mainly, the worldwide Computerized Maintenance Management Systems market is analyzed across major global regions. AMA also provides customized specific regional and country-level reports for the following areas. • North America: United States, Canada, and Mexico. • South & Central America: Argentina, Chile, Colombia and Brazil. • Middle East & Africa: Saudi Arabia, United Arab Emirates, Israel, Turkey, Egypt and South Africa. • Europe: United Kingdom, France, Italy, Germany, Spain, Belgium, Netherlands and Russia. • Asia-Pacific: India, China, Japan, South Korea, Indonesia, Malaysia, Singapore, and Australia. Presented By
AMA Research & Media LLP
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Impact of Covid 19 On Integrated Workplace Management Systems (IWMS) Market 2020
Global Integrated Workplace Management (IWMS) Systems Market is valued at USD 2.40 Billion in 2019 and expected to reach USD 5.14 Billion by 2026 with the CAGR of 11.50% over the forecast period.
Global Integrated Workplace Management (IWMS) Systems Market: Global Size, Trends, Competitive, Historical &Forecast Analysis, 2020-2026– Increased adoption of the internet of things such as information and communications technology across different industry are expected to boost the growth of integrated workplace management (IWMS) systems market over forecast period.
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Scope of Global Integrated Workplace Management (IWMS) Systems Market Reports –
Integrated workplace management system (IWMS) is a software platform that helps organizations optimizes the use of workplace resources, including the management of a company's real estate portfolio, infrastructure and facilities assets. IWMS is software that helps facilities management and corporate real estate management professionals optimize their use of both space and resources to save money and be more efficient. Hence, this combines various software applications in order to provide professionals in these fields with high-level management information. The application helps optimize the use of facility space user can manage physical spaces within buildings manage employees and book and schedule rooms.
In the Covid-threatened workplace, that same technology is now being used to safely return employees to the workplace. However, the next-generation integrated workplace management systems (IWMS) such as Trimble’s Manhattan ONE software suite make it easier for CRE and facility management professionals to gain a clear understanding of the optimum workspace capacity for each setting. At present sensors can also be used to support a safe, phased return to work for employees. These combined with an IMWS solution, organizations can leverage sensors to collect and report on key data for monitoring and planning workspace occupancy, usage, and cleaning. These combined IWMS and sensor technology in place, companies can analyse data to plan and deploy a successful back-to-the-office strategy and optimize safety in a pre-vaccine workplace.
Global integrated workplace management (IWMS) systems market report is segmented on the basis of product type, application, and by regional & country level. Based on product type, global integrated workplace management (IWMS) systems market is classified as the cloud based and on premises. Based upon application global integrated workplace management (IWMS) systems market is classified into real estate, finance, retail, government, telecom, energy, healthcare, education and others.
The regions covered in this integrated workplace management (IWMS) systems market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of IWMS is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Integrated Workplace Management (IWMS) Systems Drug-
Some major key players for global integrated workplace management (IWMS) systems market are Oracle, IBM, iOFFICE, SpaceIQ, Maintenance Connection, Accruent, Planon, ARCHIBUS, Flairsoft, NJW Limited, GoSpotCheck, Axxerion, Trimble Manhattan and Others
Global Integrated Workplace Management (IWMS) Systems Market Dynamics –
The rapidly increasing adoption of cloud platform across different end use industries has augmented value to this product market. According to Telecom Regulatory Authority of India (TRAI) in 2015, the proportion of cloud IT infrastructure sales in the cloud industry climbed to 33.8% in last quarter of 2015, up from 28.7% a year ago. The revenue from infrastructure sales to the private cloud sector grew by 18.8% to 2.9 billion while sales to the public cloud rose by 25.9% to 4.6 billion. Moreover, rising cloud technology demand of multiple benefits to the integrated workplace management system market such as real-time tracking, integrated processes, less energy consumption, safety and security, disaster recovery and data center consolidation.
According to Cisco IBSG there will be 25 billion devices connected to the Internet by 2015 and 50 billion by 2020, this is important to note that these estimates into account rapid advances in Internet or device technology. However, the lacking awareness related to the lying importance of facility and workplace management is hampering the growth of the IWMS market share in the coming future. The integration of IWMS with emerging technologies such as IoT are one of the biggest opportunities, as they can act as a game-changer technology for managers. The adoption of IoT will significantly simplify the operations, as data can be automatically collected through sensors, which can later be analyzed for maintenance operation at the maximum efficiency. The use of IoT will significantly lessen the pressure on workplace management tools, such as Computerized Maintenance Management System (CMMS), and help in getting accurate results in minimum time. Furthermore, the IWMS platform can connect over social media, impacting project collaboration, and space utilization. Additionally, the IWMS can support machine and device data from sensors, meters, smartphones etc. thereby driving operations decisions and facilities automation.
Global Integrated Workplace Management (IWMS) Systems Market Regional Analysis –
North America is dominating the global integrated workplace management system (IWMS) market and is expected to create highest opportunity for integrated workplace management system (IWMS) market globally. According to Congressional Research Service (CRS) in 2018, the IoT Analytics predicts the number of active IoT devices will grow from 9.9 billion in 2019 to 21.5 billion in 2025. Asia Pacific is projected to expand significantly in global integrated workplace management system (IWMS) market during the forecast period. Asia-Pacific region owing to the large number of consumer electronics manufacturers and large-scale industrialization is expected to have high growth in this market. Growing adoption of environmental and energy management solution in various government sector in order to accomplish desired goals is driving this product market. Here, increasing adoption of cloud based technologies; the opportunity for IWMS vendors is likely to be highest in this region.
Key Benefits for Global Integrated Workplace Management (IWMS) Systems Market Reports–
Global Integrated Workplace Management (IWMS) Systems Market report covers in depth historical and forecast analysis.
Global Integrated Workplace Management (IWMS) Systems Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Integrated Workplace Management (IWMS) Systems Market report helps to identify opportunities in market place.
Global Integrated Workplace Management (IWMS) Systems Market report covers extensive analysis of emerging trends and competitive landscape.
Global Integrated Workplace Management (IWMS) Systems Market Segmentation
By Product Type
Cloud Based
On Premises
By Application
Real Estate
Finance
Retail
Government
Telecom
Energy
Healthcare
Education
Other
By Regional & Country Analysis:
North America
U.S.
Canada
Europe
U.K.
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
Mexico
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
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Global Forecast for Computerized Maintenance Management System (CMMS) Software Market to 2028
The global Computerized Maintenance Management System (CMMS) Software market was valued at $XX million in 2018, and analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028.
This report provides detailed historical analysis of global market for Computerized Maintenance Management System (CMMS) Software from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Computerized Maintenance Management System (CMMS) Software market.
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Leading players of Computerized Maintenance Management System (CMMS) Software including:
· Maintenance Connection
· EMaint
· Dude Solutions
· Hippo
· IBM
· ServiceChannel
· Fiix
· UpKeep
· Siveco
· IFS
· ManagerPlus
· Axxerion
· MPulse
Market split by Type, can be divided into:
· Cloud Based CMMS Software
· On-Premises CMMS Software
Market split by Application, can be divided into:
· Industrial & Manufacturing
· Property Management Firms
· Logistics & Retail
· Education & Government
· Healthcare and Others
Market split by Sales Channel, can be divided into:
· Direct Channel
· Distribution Channel
Market segment by Region/Country including:
· North America (United States, Canada and Mexico)
· Europe (Germany, UK, France, Italy, Russia and Spain etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
· South America Brazil, Argentina, Colombia and Chile etc.)
· Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
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Computerized Maintenance Management System (CMMS) Software Market Comprehensive Research Study, Regional Growth, Business Top Key Players Analysis
Global Computerized Maintenance Management System (CMMS) Software Market report emphasizes on the detailed understanding of some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Computerized Maintenance Management System (CMMS) Software Market”.
Global Computerized Maintenance Management System (CMMS) Software Market research report analyzes top players in the key regions like North America, South America, Middle East and Africa, Asia and Pacific region. It delivers insight and expert analysis into key consumer trends and behavior in market place, In addition to an overview of the market data and key brands. It also provides all data with easily digestible information to guide every businessman’s future innovation and move business ahead.
Global Computerized Maintenance Management System (CMMS) Software Market Segmentation Analysis:
Major Players in Computerized Maintenance Management System (CMMS) Software market are: Fixd DIMO Maint Corrigo Enterprise CMMS Agility EnvVisual Maintenance Coordinator ManWinWin Rosmiman IWMS Blue Mountain RAM Infor EAM Ezmaintain Trackplan Electronic Work Instructions MaintenWorks AMPRO IFS Asset Infinity ICMMS EZOfficeInventory Cworks Most important types of Computerized Maintenance Management System (CMMS) Software products covered in this report are: Web-Based Installed Most widely used downstream fields of Computerized Maintenance Management System (CMMS) Software market covered in this report are: Health Care Manufacturing Distribution Other
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Computerized Maintenance Management System (CMMS) Software Market, By Geography:
The regional analysis of Computerized Maintenance Management System (CMMS) Software market is studied for region such as Asia pacific, North America, Europe and Rest of the World. The North America is one of the leading region in the market due to numerous cross industry collaborations taking place between automotive original equipment manufacturers and mobile network operators (MNOs) are taking place for continuous internet connectivity inside a car to enhance the user experience of connected living, while driving. Asia-Pacific region is one of the prominent player in the market owing to large enterprises and SMEs in the region are increasingly adopting Computerized Maintenance Management System (CMMS) Software solutions.
Some Points from Table of Content
Global Computerized Maintenance Management System (CMMS) Software Market 2022 by Company, Regions, Type and Application, Forecast to 2030
1 Computerized Maintenance Management System (CMMS) Software Introduction and Market Overview
2 Industry Chain Analysis
3 Global Computerized Maintenance Management System (CMMS) Software Market, by Type
4 Computerized Maintenance Management System (CMMS) Software Market, by Application
5 Global Computerized Maintenance Management System (CMMS) Software Consumption, Revenue ($) by Region (2018-2022)
6 Global Computerized Maintenance Management System (CMMS) Software Production by Top Regions (2018-2022)
7 Global Computerized Maintenance Management System (CMMS) Software Consumption by Regions (2018-2022)
8 Competitive Landscape
9 Global Computerized Maintenance Management System (CMMS) Software Market Analysis and Forecast by Type and Application
10 Computerized Maintenance Management System (CMMS) Software Market Supply and Demand Forecast by Region
11 New Project Feasibility Analysis
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
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Global Covid-19 Impact on Global Computer-aided Facility Management Size, Share, Development and Forecast Overview - 2020-2026
Summary – Global Covid-19 Impact on Global Computer-aided Facility Management Size, Status and Forecast 2020-2026” has been featured on WiseGuyReports.
Computer-aided facility management (CAFM) is the support of facility management by information technology. The supply of information about the facilities is the center of attention. The tools of the CAFM are called CAFM software, CAFM applications or CAFM systems.
ALSO READ: https://icrowdnewswire.com/2020/06/04/computer-aided-facility-management-cafm-market-2020-global-analysis-opportunities-and-forecast-to-2026/
Since Computer-aided Facility Management (CAFM) products were introduced earlier, few companies now do these products alone, so many of the products that appear in this report appear under the name Computerized Maintenance Management System (CMMS). The industry's leading producers are IBM, Dude Solutions and Fortive, with revenues of 10.15%, 9.52% and 4.93%, respectively, in 2019. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Computer-aided Facility Management (CAFM) market in 2020. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future. This report also analyses the impact of Coronavirus COVID-19 on the Computer-aided Facility Management (CAFM) industry. Based on our recent survey, we have several different scenarios about the Computer-aided Facility Management (CAFM) YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 830.8 million in 2019. The market size of Computer-aided Facility Management (CAFM) will reach xx in 2026, with a CAGR of xx% from 2020 to 2026. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Computer-aided Facility Management (CAFM) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Computer-aided Facility Management (CAFM) market in terms of revenue. Players, stakeholders, and other participants in the global Computer-aided Facility Management (CAFM) market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026. Regional and Country-level Analysis The report offers an exhaustive geographical analysis of the global Computer-aided Facility Management (CAFM) market, covering important regions, viz, North America.. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026. Competition Analysis In the competitive analysis section of the report, leading as well as prominent players of the global Computer-aided Facility Management (CAFM) market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Computer-aided Facility Management (CAFM) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Computer-aided Facility Management (CAFM) market. The following players are covered in this report: IBM Dude Solutions Fortive DPSI EMaint ServiceChannel IFS Hippo Real Asset Management FasTrak MPulse MVP Plant ManagerPlus Fiix MicroMain FMX UpKeep Computer-aided Facility Management (CAFM) Breakdown Data by Type Cloud Based On-Premises In 2019, cloud based accounted for 82.27% of the computer-aided facility management (CAFM) market. Computer-aided Facility Management (CAFM) Breakdown Data by Application Industrial and Manufacturing Property Management Firms Logistics and Retail Education and Government Healthcare and Others In terms of applications, Industrial and Manufacturing accounted for the highest proportion of revenue, exceeding 55% in 2019.
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