Market Overview:
The global computerized maintenance management system (CMMS) software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for CMMS software in various industrial and manufacturing applications, growing need for improved asset performance and reliability, and rising adoption of cloud-based CMMS solutions. On the basis of type, the global CMMS software market is segmented into cloud-based and on-premises solutions. The cloud-based segment is expected to grow at a higher CAGR than the on-premises segment during the forecast period. This can be attributed to the growing trend of enterprises moving their business operations to cloud platforms due to various benefits such as lower costs, scalability, agility, and enhanced security features offered by these platforms. Based on application, the global CMMS software market is divided into industrial and manufacturing applications; property management firms; logistics and retail businesses; education institutions; government organizations; healthcare providers; and other sectors such as transportation & logistics companies, energy utilities companies etc.).
Product Definition:
Computerized Maintenance Management System Software is a software that helps organizations manage and track maintenance tasks and activities. It allows users to create work orders, track parts and inventory, schedule preventive maintenance, and more. CMMS software can help organizations save time and money by improving communication and coordination between departments, optimizing work schedules, and reducing the need for manual data entry.
Cloud-based:
Cloud-based is a term used to define software services that are hosted by a third party on the Internet. The service provider stores data on physical servers located in their own facilities and makes it available to users through the Internet. Cloud-based solutions offer benefits such as increased efficiency, reduced costs, and scalability of business processes without requiring additional hardware or software infrastructure.
The global increase in demand for cloud computing has led to high market growth over the past few years.
On-premises:
On-premises is a term used for computer software and hardware installed on the customer's computers, servers or workstations. The installation of the software does not require an internet connection; however, it can be accessed from remote locations through an internet connection. This type of deployment provides several advantages such as easy maintenance and customization of systems according to requirements without depending on cloud services which makes it more secure and reliable than cloud-based solutions.
Application Insights:
The logistics and retail segment accounted for the largest market share in 2017. The growth can be attributed to the increasing number of e-commerce businesses that require efficient distribution systems to ensure high product availability. In addition, this industry is characterized by a high level of machine utilization with low capital investments required for its implementation as compared to other industries. These factors are expected to drive demand over the forecast period.
The healthcare segment is anticipated to register a significant CAGR over the forecast period owing to an increase in patient population and aging population across various regions including North America, Europe, Asia Pacific.
Regional Analysis:
The market in North America is expected to be the fastest-growing regional segment over the forecast period owing to technological advancements and increasing adoption of maintenance management systems across various industry verticals. The U.S., being a developed economy, has a well-established infrastructure and high penetration of computerized maintenance management systems software. Furthermore, growing investments by prominent players in this region are anticipated to drive growth over the coming years. For instance, Honeywell International Inc.; Emerson Electric Co.
Growth Factors:
- Increasing demand for CMMS software from small and medium-sized businesses (SMBs) due to the benefits of computerized maintenance management systems such as improved equipment uptime, reduced operating costs, and increased productivity.
- The growing trend of Industry 4.0 and the Internet of Things (IoT) is expected to drive the adoption of CMMS software across various industries, as these technologies enable companies to collect and analyze data from machines in order to improve operational efficiency.
- The increasing number of cyber-attacks targeting industrial control systems has led organizations to invest in CMMS software as a security measure, in order to protect their critical infrastructure assets from potential damage or destruction.
- Rapid advancements in artificial intelligence (AI) and machine learning are enabling CMMS software vendors to develop predictive maintenance algorithms that can identify potential failures before they occur, thus helping organizations reduce downtime and save on repair costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Computerized Maintenance Management System Software Market Research Report
By Type
Cloud-based, On-premises
By Application
Industrial and Manufacturing, Property Management Firms, Logistics and Retail, Education and Government, Healthcare and Others
By Companies
Maintenance Connection, EMaint, Dude Solutions, Hippo, IBM, ServiceChannel, Fiix, UpKeep, Siveco, IFS, ManagerPlus, Axxerion, MPulse, MVP Plant, MCS Solutions, DPSI, Real Asset Management, MicroMain, FasTrak, FMX, Sierra, Orion IXL Bhd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Computerized Maintenance Management System Software Market Report Segments:
The global Computerized Maintenance Management System Software market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial and Manufacturing, Property Management Firms, Logistics and Retail, Education and Government, Healthcare and Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Maintenance Connection
- EMaint
- Dude Solutions
- Hippo
- IBM
- ServiceChannel
- Fiix
- UpKeep
- Siveco
- IFS
- ManagerPlus
- Axxerion
- MPulse
- MVP Plant
- MCS Solutions
- DPSI
- Real Asset Management
- MicroMain
- FasTrak
- FMX
- Sierra
- Orion IXL Bhd
Highlights of The Computerized Maintenance Management System Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Industrial and Manufacturing
- Property Management Firms
- Logistics and Retail
- Education and Government
- Healthcare and Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Computerized Maintenance Management System Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Computerized Maintenance Management System software is a type of software that helps organizations manage their maintenance processes. It can automate many of the tasks involved in maintaining an organization's infrastructure, including tracking and reporting on maintenance activity, managing inventory and parts resources, and automating work orders.
Some of the major companies in the computerized maintenance management system software market are Maintenance Connection, EMaint, Dude Solutions, Hippo, IBM, ServiceChannel, Fiix, UpKeep, Siveco, IFS, ManagerPlus, Axxerion, MPulse, MVP Plant, MCS Solutions, DPSI, Real Asset Management, MicroMain, FasTrak, FMX, Sierra, Orion IXL Bhd.
The computerized maintenance management system software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Computerized Maintenance Management System Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Computerized Maintenance Management System Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Computerized Maintenance Management System Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Computerized Maintenance Management System Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Computerized Maintenance Management System Software Market Size & Forecast, 2018-2028 4.5.1 Computerized Maintenance Management System Software Market Size and Y-o-Y Growth 4.5.2 Computerized Maintenance Management System Software Market Absolute $ Opportunity
Chapter 5 Global Computerized Maintenance Management System Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Computerized Maintenance Management System Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Computerized Maintenance Management System Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Computerized Maintenance Management System Software Market Size Forecast by Applications
6.2.1 Industrial and Manufacturing
6.2.2 Property Management Firms
6.2.3 Logistics and Retail
6.2.4 Education and Government
6.2.5 Healthcare and Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Computerized Maintenance Management System Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Computerized Maintenance Management System Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Computerized Maintenance Management System Software Analysis and Forecast
9.1 Introduction
9.2 North America Computerized Maintenance Management System Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Computerized Maintenance Management System Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Computerized Maintenance Management System Software Market Size Forecast by Applications
9.10.1 Industrial and Manufacturing
9.10.2 Property Management Firms
9.10.3 Logistics and Retail
9.10.4 Education and Government
9.10.5 Healthcare and Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Computerized Maintenance Management System Software Analysis and Forecast
10.1 Introduction
10.2 Europe Computerized Maintenance Management System Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Computerized Maintenance Management System Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Computerized Maintenance Management System Software Market Size Forecast by Applications
10.10.1 Industrial and Manufacturing
10.10.2 Property Management Firms
10.10.3 Logistics and Retail
10.10.4 Education and Government
10.10.5 Healthcare and Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Computerized Maintenance Management System Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Computerized Maintenance Management System Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Computerized Maintenance Management System Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Computerized Maintenance Management System Software Market Size Forecast by Applications
11.10.1 Industrial and Manufacturing
11.10.2 Property Management Firms
11.10.3 Logistics and Retail
11.10.4 Education and Government
11.10.5 Healthcare and Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Computerized Maintenance Management System Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Computerized Maintenance Management System Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Computerized Maintenance Management System Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Computerized Maintenance Management System Software Market Size Forecast by Applications
12.10.1 Industrial and Manufacturing
12.10.2 Property Management Firms
12.10.3 Logistics and Retail
12.10.4 Education and Government
12.10.5 Healthcare and Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Computerized Maintenance Management System Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Computerized Maintenance Management System Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Computerized Maintenance Management System Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Computerized Maintenance Management System Software Market Size Forecast by Applications
13.10.1 Industrial and Manufacturing
13.10.2 Property Management Firms
13.10.3 Logistics and Retail
13.10.4 Education and Government
13.10.5 Healthcare and Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Computerized Maintenance Management System Software Market: Competitive Dashboard
14.2 Global Computerized Maintenance Management System Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Maintenance Connection
14.3.2 EMaint
14.3.3 Dude Solutions
14.3.4 Hippo
14.3.5 IBM
14.3.6 ServiceChannel
14.3.7 Fiix
14.3.8 UpKeep
14.3.9 Siveco
14.3.10 IFS
14.3.11 ManagerPlus
14.3.12 Axxerion
14.3.13 MPulse
14.3.14 MVP Plant
14.3.15 MCS Solutions
14.3.16 DPSI
14.3.17 Real Asset Management
14.3.18 MicroMain
14.3.19 FasTrak
14.3.20 FMX
14.3.21 Sierra
14.3.22 Orion IXL Bhd