Global $12.7Bn Predictive Maintenance Market by 2025, Driven by the Adoption of Cloud-based Predictive Maintenance Solutions

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Dublin, July 12, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. The Global Predictive Maintenance Market size is expected to reach $12.7 billion by 2025, rising at a market growth of 28.4% CAGR during the forecast period.The predictive maintenance market is expected to grow at a significant rate over the forecast period, owing to a number of factors including, the increasing use of emerging technologies to gain valuable insights, and growing need to reduce maintenance cost and downtime.Based on Deployment Mode, the market is segmented into On Premise and Cloud. Deployment with the help of the cloud grows at a great pace during the stated period. Many vendors in the field of predictive maintenance market provide cloud-based maintenance solutions in attaining the highest profits and efficiently automate the equipment maintenance procedure.The adoption of these cloud-based predictive maintenance solutions is estimated to grow, majorly because of their advantages, like easy maintaining of generated data, effective management, scalability, and cost-effectiveness. 1.1 Market Definition1.2 Objectives1.3 Market Scope1.4 Segmentation1.4.1 Global Predictive Maintenance Market, by Component1.4.2 Global Predictive Maintenance Market, by Organization Size1.4.3 Global Predictive Maintenance Market, by Deployment Mode1.4.4 Global Predictive Maintenance Market, by End-user1.4.5 Global Predictive Maintenance Market, by Geography1.5 Methodology for the Research2.1 Introduction2.1.1 Overview2.1.2 Executive Summary2.1.3 Market Composition and Scenario2.2 Key Factors Impacting the Market2.2.1 Market Drivers2.2.2 Market Restraints3.1 Cardinal Matrix3.2 Recent Industry Wide Strategic Developments3.2.1 Partnerships, Collaborations and Agreements3.2.2 Product Launches3.2.3 Mergers & Acquisitions3.3 Top Winning Strategies3.3.1 Key Leading Strategies: Percentage Distribution (2015-2018)3.3.2 Key Strategic Move: Leading Players4.1.1 Global Predictive Maintenance Solution Market by Region4.1.2 Global Predictive Maintenance Market by Solution Type4.1.2.1 Global Predictive Maintenance Integrated Market by Region4.1.2.2 Global Predictive Maintenance Standalone Market by Region4.1.3 Global Predictive Maintenance Services Market by Region4.1.4 Global Predictive Maintenance Market by Services Type4.1.4.1 Global Predictive Maintenance Integration & Deployment Market by Region4.1.4.2 Global Predictive Maintenance Advisory & Consulting Market by Region4.1.4.3 Global Predictive Maintenance Support & Maintenance Market by Region5.1.1 Global Large Enterprises Predictive Maintenance Market by Region5.1.2 Global Small & Medium-Sized Enterprises Predictive Maintenance Market by Region6.1.1 Global On Premise Predictive Maintenance Market by Region6.1.2 Global Cloud Predictive Maintenance Market by Region7.1.1 Global Government & Defense Predictive Maintenance Market by Region7.1.2 Global Healthcare & Life Sciences Predictive Maintenance Market by Region7.1.3 Global Energy & Utilities Predictive Maintenance Market by Region7.1.4 Global Media & Telecom Predictive Maintenance Market by Region7.1.5 Global Manufacturing Predictive Maintenance Market by Region7.1.6 Global Transportation & Logistics Predictive Maintenance Market by Region7.1.7 Global Others Predictive Maintenance Market by Region8.1 North America Predictive Maintenance Market8.2 Europe Predictive Maintenance Market8.3 Asia-Pacific Predictive Maintenance Market8.4 LAMEA Predictive Maintenance Market9.1 IBM Corporation9.2 Microsoft Corporation9.3 SAP SE9.4 Software AG9.5 Schneider Electric SE9.6 General Electric (GE)9.7 Hitachi Ltd.9.8 PTC Inc.9.9 Vista Equity Partners (Tibco Software)9.10 Uptake Technologies Inc. For more information about this report visit

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Globe Newswire: 14:49 GMT Friday 12th July 2019

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