Market revenue in 2023 | USD 1,889.5 million |
Market revenue in 2030 | USD 4,316.7 million |
Growth rate | 12.5% (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 |
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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.
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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