Computerized Maintenance Management System (CMMS) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Computerized maintenance management system (CMMS) is the software tool used to simplify maintenance management of the organizations. CMMS software helps the maintenance team of organizations to track and schedule the maintenance task and keep a record of all the past and future tasks. Moreover, factors such as efficient accomplishment of maintenance practices, low cost, and time-saving services are influencing the computerized maintenance management system (CMMS) market growth.

MARKET SCOPE

The "Global Computerized Maintenance Management System (CMMS) Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the computerized maintenance management system (CMMS) market with detailed market segmentation by deployment type, enterprise size, application, and geography. The report provides key statistics on the market status of the leading computerized maintenance management system (CMMS) market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on deployment type, the global computerized maintenance management system (CMMS) market is segmented into cloud and on-premises.
  
•   On the basis of enterprise size, the market is segmented into small and medium-size enterprises and large enterprises.
  
•   Based on application, the market is segmented into orders tracking, maintenance activities scheduling, monitoring, and maintenance control.
  

MARKET DYNAMICS
Drivers:

•   CMMS software streamlines maintenance processes, eliminate paperwork, increase productivity, improves accountability and equipment reliability, improve inventory management and planning, helping organizations to ensure consistent performance, etc., these are some of the key factor driving the growth of the computerized maintenance management system (CMMS) market. CMMS used for tracking work orders, dealing with external work requests, scheduling tasks, recording asset history, managing inventory, and audit and certification.
  
•   Furthermore, increasing adoption of predictive maintenance services and cloud-based solutions among the organizations provides lucrative opportunities for the market player of the computerized maintenance management system (CMMS) market.
  

Restraints:

•   Lack of skilled professionals may hinder the growth of of the computerized maintenance management system (CMMS) market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Computerized maintenance management system (CMMS) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the computerized maintenance management system (CMMS) market in these regions.

IMPACT OF COVID-19 ON COMPUTERIZED MAINTENANCE MANAGEMENT SYSTEM (CMMS) MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

Computerized Maintenance Management System (CMMS) Market Report Analysis

Computerized Maintenance Management System (CMMS) Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Accruen
• Cryotos Solutions
• DPSI
• Dude Solutions, Inc.
• eMaint by Fluke Corporation
• Fiix Inc.
• Hippo CMMS
• Limble CMMS
• MicroMain Corp.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Deployment Type

• Cloud
• On-premises

By Enterprise Size

• Small and Medium-Size Enterprises
• Large Enterprises

By Application

• Orders Tracking
• Maintenance Activities Scheduling
• Monitoring
• Maintenance Control

MARKET PLAYERS

The report covers key developments in the computerized maintenance management system (CMMS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Computerized maintenance management system (CMMS) market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the computerized maintenance management system (CMMS) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Accruen
  
•   Cryotos Solutions
  
•   DPSI
  
•   Dude Solutions, Inc.
  
•   eMaint by Fluke Corporation
  
•   Fiix Inc.
  
•   Hippo CMMS
  
•   Limble CMMS
  
•   MicroMain Corp.
  
•   UpKeep Technologies, Inc.
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Computerized Maintenance Management System (CMMS) Market Report Scope