Most companies supported remote work, thereby boosting the requirement for virtual training, meetings, and conferences. The emergence of the COVID-19 pandemic has had a significant impact on the Asset Performance Management Market growth.
Growing Use of Virtual Technologies to Propel Market Growth In terms of product category, the market is grouped into enterprise asset management, plant asset management, asset integrity management, field service management, and asset reliability. By industry vertical, the market is further divided into pharmaceutical, oil and gas, chemical, energy and power, pulp and paper, manufacturing, food and beverages, and others. The report classifies the global asset performance management market on the bases of three segments, namely, by industry vertical, by product category, and by geography. Request a Sample Copy of the Research Report: This collaboration would provide a holistic understanding of assets, helps to analyse data, share it across systems, and identify segments for development. This is anticipated to propel the global asset performance management market growth during the forecast period.įebruary 2017 : Ras Gas Company Limited and e-Digital collaborated to deploy GE’s Predix Platform and Predix APM in their business oil and gas segment. Prominent companies operating in power and utilities, oil, mining, and other industries are investing significantly in digitization. 12, 2022 (GLOBE NEWSWIRE) - The advent and widespread adoption of Internet of Things are expected to boost the global asset performance management market in the coming years. Key market players in the global asset performance management market are General Electric, Co., Schneider Electric Software, Bentley Systems, Inc., LLC, Prevas AB, IBM Corporation, ARC Advisory Group, and Nexus Global Business Solutions, Inc., among other companies.
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