Germany Asset Performance Management Market Size & Outlook

The asset performance management market in Germany is expected to reach a projected revenue of US$ 4,316.7 million by 2030. A compound annual growth rate of 12.5% is expected of Germany asset performance management market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,889.5
Forecast, 2030 (US$M)
$4,316.7
CAGR, 2024 - 2030
12.5%
Report Coverage
Germany

Germany asset performance management market highlights

  • The Germany asset performance management market generated a revenue of USD 1,889.5 million in 2023 and is expected to reach USD 4,316.7 million by 2030.
  • The Germany market is expected to grow at a CAGR of 12.5% 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 2023USD 1,889.5 million
Market revenue in 2030USD 4,316.7 million
Growth rate12.5% (CAGR from 2023 to 2030)
Largest segmentOn-premise
Fastest growing segmentCloud
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCloud, On-premise
Key market players worldwideABB 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, Germany accounted for 8.8% 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 Europe, Germany asset performance management market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 2,073.2 million by 2030.

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Asset Performance Management Market Scope

Asset performance management market segmentation & scope
Cloud
On-premise
Predictive Asset Management
Asset Reliability Management
Asset Strategy Management
Others
Energy & Utilities
Oil & Gas
Manufacturing
Mining & Metal
Government & Public Sector
Transportation
Chemicals & Pharmaceutical
Others
Facility Management
Healthcare
Education
Government

Asset Performance Management Market Companies

Name Profile # Employees HQ Website

Germany 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 62.03% in 2023. Horizon Databook has segmented the Germany asset performance management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.


Sources: APEC, MESA, GWEC, ICCA, OECD, USAID, Company Annual Reports, PitchBook, Primary Interviews, and Grand View Research. In Germany, the increasing need for predictive analytics solutions to monitor equipment health, generate early warnings, and streamline operational processes is expected to drive regional market growth.

In April 2021, SAP SE partnered with Accenture to develop, create, and deploy brand-new cloud-based features that would improve current SAP intelligent asset management solutions. Accenture would introduce its industry-specific resources and expertise to extend asset management solution capabilities, aiding businesses in the energy, life sciences, and natural resources to improve performance by switching maintenance programs from reactive to proactive.

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Horizon Databook provides a detailed overview of country-level data and insights on the Germany asset performance management market , including forecasts for subscribers. This country databook contains high-level insights into Germany asset performance management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Germany asset performance management market size, by deployment, 2018-2030 (US$M)

Germany Asset Performance Management Market Outlook Share, 2023 & 2030 (US$M)

Germany asset performance management market size, by deployment, 2018-2030 (US$M)

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