Software News

Software News!

Application and Enterprise Software News
Press release distribution service

Software Links: Application Software, Enterprise Software, Virus Software


Home > Software News:
  • Watch News Feed
  • Bestsellers Software

  • Predictive Maintenance Market worth 4,904.0 Million USD by 2021 at CAGR of 28.4%

    (I-SoftwareNews.Com, June 13, 2018 ) According to report "Predictive Maintenance Market by Component, Deployment Type (Cloud and on-Premises), Organization Size (SMES and Enterprises), Vertical, and Region - Global Forecast to 2021", the predictive maintenance market size is estimated to grow from USD 1,404.3 Million in 2016 to USD 4,904.0 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 28.4% during the forecast period.

    Browse 48 market data tables and 30 figures spread through 112 pages and in-depth TOC on "Predictive Maintenance Market"

    Early buyers will receive 10% customization on this report.

    Download PDF Brochure @

    Predictive maintenance solutions are gaining popularity with its increasing usage across all the major verticals, such as government, aerospace & defense, manufacturing, energy & utilities, healthcare, and transportation & logistics. One of the main reasons for the increasing usage is the ability of these software solutions to precisely predict asset failure, enabling enterprises to take the asset out of production just before it is to fail, thus ensuring production is not hampered in any way due to the failure of the asset.

    The manufacturing vertical is expected to hold the largest market size

    The manufacturing vertical has the largest market size in the predictive maintenance market. The manufacturers are seeing maintenance as a strategic business function, as lowering the maintenance cost is expected to help increase profitability.

    The cloud deployment type is expected to grow at the highest CAGR during the forecast period

    The cloud-based predictive maintenance market is expected to grow at the highest CAGR, as cloud-based predictive maintenance would enable enterprises to reduce their dependence on IT, data mining specialist, and data integration.

    North America is expected to contribute to the largest market share; APAC to grow at the fastest rate

    North America is estimated to have the largest market share and is expected to dominate the predictive maintenance market from 2016 to 2021, due to the presence of a large number of solution and service vendors. Asia-Pacific (APAC) offers potential growth opportunities for the predictive maintenance market to grow, as countries in APAC are investing heavily to increase the efficiency of production assets.

    Inquiry @

    The major vendors in the predictive maintenance market include IBM (U.S.), SAP SE (Germany), Software AG (Germany), General Electric (U.S.), Robert Bosch (Germany), Rockwell Automation (U.S.), PTC (U.S.), Warwick Analytics (U.K.), RapidMiner (U.S.), and SKF (Sweden).


    Mr. Rohan


    Source: EmailWire.Com


    Media Sponsor

    I-SoftwareNews.Com Sponsors

    Software Advertisement

    I-SoftwareNews.Com Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - Newswire and Press Release service of GroupWeb Media LLC