North American APM Market Size, Share, Impressive Industry Growth, Report 2026
North American asset performance
management (APM) market is projected to grow at a significant CAGR during the
forecast period (2020-2026). The market is mainly driven due to the growing
adoption of the cloud-based APM service in various industries such as
healthcare, BFSI, energy & utilities.
The cloud-based APM solutions provide
various benefits such as improved return on asset, tracking of assets, and
decrease in the procurement and maintenance cost which further provide
significant adoption in the above-mentioned industries. Moreover, the presence
of major players including General Electric Co., IBM Corp., Bentley Systems
Inc., and others in the region further provides a significant share in the
North American Market.
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The major players contributing
significantly by providing the advanced solution to the end-users in the region
that further propels the market growth during the forecast period. For
instance, General Electric Co. provides Predix APM is a suite of software and
service solutions intended to support optimize the performance of enterprise
assets. Predix APM joins disparate data sources and utilized advanced analytics
to turn data into actionable insights while raising collaboration and
knowledge-management across enterprises. The Predix APM operates across all
equipment, all OEMs, industries, across the plant and fleet. Predix APM offers
enterprises the flexibility to develop new analytics and applications, making it
versatile to fitting dynamic requirements.
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Market
Coverage
·
Study Period- 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segments Covered- By Deployment and by Industry
·
Regions Covered- US and Canada
·
Key Companies Profiled- General Electric Co.,
IBM Corp., Bentley Systems, Inc., Infor, Microsoft Corp., Oracle Corp., Nexus
Global Business Solutions, Inc., and others
Key
questions addressed by the report
·
What is the market growth rate during the
forecast period?
·
Which segment/region dominates the market in the
base year?
·
Which segment/region will project the fastest
growth in the market during the forecast period?
·
How COVID-19 will impact the market growth in
2020 and the coming years?
o
Recovery Timeline
o
Deviation from the pre-COVID forecast
o
Most affected region/segment
o
Recommendations
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
North
American APM Market – Segmentation
By
Deployment
·
Cloud-Based
·
On-Premises
By
Industry
·
BFSI
·
Energy & Utilities
·
Healthcare
·
Government
·
IT & Telecom
·
Others (Food & Beverages)
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North
American APM Market – Segmentation by Region
·
United States
·
Canada
Company Profiles
·
ABB Ltd.
·
Aspen Technology,
Inc.
·
Aptean Group
·
Accruent
·
Bentley Systems,
Inc.
·
eMaint Enterprises,
LLC
·
General Electric
Co.
·
IBM Corp.
·
Infor
·
Microsoft Corp.
·
Nexus Global
Business Solutions, Inc.
·
OSIsoft, LLC
·
Oracle Corp.
·
Rockwell
Automation, Inc.
·
Uptake Technologies
Inc.
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