India Asset Performance Management Market Size & Outlook
India asset performance management market, 2018-2030 (US$M)
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India asset performance management market highlights
- The India asset performance management market generated a revenue of USD 1,164.7 million in 2023 and is expected to reach USD 2,802.0 million by 2030.
- The India market is expected to grow at a CAGR of 13.4% 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 1,164.7 million |
| Market revenue in 2030 | USD 2,802.0 million |
| Growth rate | 13.4% (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, India accounted for 5.5% 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 Asia Pacific, China asset performance management market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,037.9 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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India 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 65.88% in 2023. Horizon Databook has segmented the India asset performance management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
A rapid increase in the number of SMEs in India, and their increased focus on the implementation of newgeneration technologies to drive business on regional & global levels, is anticipated to drive market growth in the country. Moreover, developing economies such as India are steadily focusing on the globalization approach for developing a regional business environment.
This is further creating traction in the Asia Pacific APM market. India is emerging as one of the world’s largest producers of data analysis professionals. A strong IT industry, backed by the availability of low-cost and highly qualified human resources, is likely to enable quick and costeffective deployment of asset performance management solutions in the country.
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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 India asset performance management market , including forecasts for subscribers. This country databook contains high-level insights into India asset performance management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India asset performance management market size, by deployment, 2018-2030 (US$M)
India Asset Performance Management Market Outlook Share, 2023 & 2030 (US$M)
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