Global Operational Predictive Maintenance Market Size,Share & Forecast 2019-2025

Posted by nabeel on February 16th, 2021

The global operational predictive maintenance market is growing at a significant CAGR during the forecast period. Operational predictive maintenance is a service that is primarily used to predict asset failure and to predict quality issues in equipment by collecting data from multiple sources in real time. Operational predictive management software detects peculiarity and evaluates failure patterns to determine the assets, equipment and operational process that are at huge failure risk. The primary aspects that are required to perform predictive maintenance include real time data collection, time to failure prediction, resource optimization and scheduled maintenance.

To Request a Sample of our Report on Global Operational Predictive Maintenance Market : 

One of the major factors that is driving the growth of the global operational predictive maintenance market is its ability to precisely predict possible asset failure and to ensure the optimization of supply chain by assisting organizations in removing the prone asset out of production line. Additionally, demand for reducing asset downtime and modification maintenance operations is growing constantly which in turn is rising the demand for these software solutions. Moreover, with the emergence of IoT, continuous adoption of big data is anticipated to propel the market in near future.

(Get 15% Discount on Buying this Report)

Further, the demand from organization for reducing the operational cost is increasing the demand for operational predictive maintenance software. Cutting operational cost assists organizations in increasing their profit owing to which they are constantly adopting operational predictive maintenance software.  Heavy investments by Asia-Pacific countries such as India, China, Japan and South Korea to optimize the operation process and enhance the efficiency of production is expected to boost the market of operational predictive maintenance software in the region. Improving economic reforms and an increase in the focus of government towards economic stability are some factors that are considerably propelling the market growth in the region.

The key players that are dominating the global operational predictive maintenance market include IBM Corp., SAS Institute Inc., Software AG, General Electric Co., Robert Bosch GmbH, Rockwell Automation, Inc., PTC, Inc., and Schneider Electric SE. These players adopt various strategies such as mergers & acquisitions, products, and services offering expansion, geographical expansion, and partnership & collaboration to stay competitive in the market.

Global Operational Predictive Maintenance Market - Segment

By Deployment Model

  •  On-premises
  •  Cloud-based

By Application

  •  Government
  •  Manufacturing
  •  Energy & Utilities
  •  Transportation and Logistics
  •  Others (Healthcare, Aerospace and defense)

Global Operational Predictive Maintenance Market –Region

North America

  •  US
  •  Canada


  •  Germany
  •  UK
  •  France
  •  Spain
  •  Italy
  •  Rest of Europe


  •  China
  •  Japan
  •  India
  •  Rest of Asia-Pacific

Rest of the World

  •  Middle East & Africa 
  •  Latin America

Reasons to Buying From us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ 

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Contact Person: Mr. Anurag Tiwari


Contact no: +91 780-304-0404

Company Name: Orion Market Research

Like it? Share it!


About the Author

Joined: November 26th, 2020
Articles Posted: 337

More by this author