Canada Asset Performance Management Market Size & Outlook
Canada asset performance management market, 2018-2030 (US$M)
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Canada asset performance management market highlights
- The Canada asset performance management market generated a revenue of USD 1,096.8 million in 2023 and is expected to reach USD 2,422.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 12% from 2024 to 2030.
- In terms of segment, on-premise was the largest revenue generating deployment in 2023.
- Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
Asset performance management market data book summary
| Market revenue in 2023 | USD 1,096.8 million |
| Market revenue in 2030 | USD 2,422.8 million |
| Growth rate | 12% (CAGR from 2023 to 2030) |
| Largest segment | On-premise |
| Fastest growing segment | Cloud |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud, On-premise |
| Key market players worldwide | ABB Ltd, Schneider Electric SE, Aspen Technology Inc, Bentley Systems Inc Ordinary Shares - Class B, GE Vernova Inc, International Business Machines Corp, Rockwell Automation Inc, SAP SE, Siemens Energy AG ADR |
Other key industry trends
- In terms of revenue, Canada accounted for 5.1% of the global asset performance management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. asset performance management market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,422.8 million by 2030.
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Asset Performance Management Market Scope
Asset Performance Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada asset performance management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to asset performance management market will help companies and investors design strategic landscapes.
On-premise was the largest segment with a revenue share of 64.2% in 2023. Horizon Databook has segmented the Canada asset performance management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
In January 2023, the Canadian government established Canada's infrastructure funding programs by focusing on natural infrastructure, climate resiliency, inclusion, particular needs of rural areas, a greener economy, and transit upgrades.
They facilitate the implementation of program requirements, oversee and report on specific infrastructure projects funded under the programs, and promote a results-based and coordinated approach to infrastructure development.
Moreover, they aid in the execution of Transport Canada's High-Frequency Rail Project between Toronto and Quebec City, along with taking a lead in forming a creative pre-development agreement. Thus, increasing investment in infrastructure is expected to increase the demand for asset performance management solutions in this region.
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Our clientele includes a mix of asset performance management market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada asset performance management market , including forecasts for subscribers. This country databook contains high-level insights into Canada asset performance management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada asset performance management market size, by deployment, 2018-2030 (US$M)
Canada Asset Performance Management Market Outlook Share, 2023 & 2030 (US$M)
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