DUBLIN, March 23, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/tr4tj4/operational) has announced the addition of the "Operational Predictive Maintenance Market by Solution, by Service (System Integration, Training and Support, Consulting, by Deployment Type (Cloud, on-Premise), by Application Area, by Region (NA, Europe, APAC, MEA, LA) - Global Forecast to 2020" report to their offering.
Thsi report forecasts the operational predictive maintenance market size to grow from USD 582.3 Million in 2015 to USD 1,884.3 Million by 2020, at a Compound Annual Growth Rate (CAGR) of 26.5%. The major factors contributing to the growth of the market are increasing demand for big data and Internet of things (IOT) and focus on reducing operational costs.
The market is projected to witness growth in the system integration and consulting service market during the forecast period. The training and support services segment is expected to play a key role in this market and grow at the highest CAGR in the next five years. These services constitute a major part of the operational predictive maintenance services. These services revolve around training the client's workforce on how to use the solution installed.
The on-premises segment is expected to dominate the operational predictive maintenance market in market size. However, the cloud segment is expected to grow at the highest CAGR in the next five years.
Benefits of this Report:
- This report segments the operational predictive maintenance market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across different application area and regions.
- The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
- This report will help the stakeholders to better understand the competitors and gain more insights to better their positions in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.
- Emaint Enterprises, LLC
- General Electric
- IBM Corporation
- Rockwell Automation, Inc.
- SAS Institute, Inc.
- Schneider Electric
- Software AG
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Operational Predictive Maintenance Market Analysis, By Component
8 Operational Predictive Maintenance Market Analysis, By Deployment Type
9 Operational Predictive Maintenance Market Analysis, By Application Area
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
For more information visit http://www.researchandmarkets.com/research/tr4tj4/operational
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-operational-predictive-maintenance-market-value-of-usd-18843-million-by-2020---trends-technologies--opportunities-report-2016-2020---key-vendors-emaint-enterprises-ibm-ptc-300240567.html
SOURCE Research and Markets