#Computerized Maintenance Management System CMMS Software Market 2021 | Explore Tumblr posts and blogs

sanjay-chem · 3 years ago

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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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fusion-kunal · 4 years ago

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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.

Request Free Sample Report @ https://www.fusionmarketresearch.com/sample_request/Computerized-Maintenance-Management-System-(CMMS)-Software-Market/41182

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

Ask Queries @ https://www.fusionmarketresearch.com/enquiry.php/Computerized-Maintenance-Management-System-(CMMS)-Software-Market/41182

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

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