UAE Asset Performance Management Market Size & Outlook

The asset performance management market in the UAE is expected to reach a projected revenue of US$ 703.4 million by 2030. A compound annual growth rate of 13.1% is expected of the UAE asset performance management market from 2024 to 2030.
Revenue, 2023 (US$M)
$297.6
Forecast, 2030 (US$M)
$703.4
CAGR, 2024 - 2030
13.1%
Report Coverage
UAE

UAE asset performance management market highlights

  • The UAE asset performance management market generated a revenue of USD 297.6 million in 2023 and is expected to reach USD 703.4 million by 2030.
  • The UAE market is expected to grow at a CAGR of 13.1% 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 297.6 million
Market revenue in 2030USD 703.4 million
Growth rate13.1% (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, UAE accounted for 1.4% 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 Middle East & Africa, UAE asset performance management market is projected to lead the regional market in terms of revenue in 2030.
  • Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 253.5 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

UAE 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 63.51% in 2023. Horizon Databook has segmented the UAE asset performance management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.


  • UAE Asset Performance Management Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • UAE Asset Performance Management Category Outlook (Revenue, USD Million, 2018-2030)
    • Predictive Asset Management
    • Asset Reliability Management
    • Asset Strategy Management
    • Others
  • UAE Asset Performance Management End Use Outlook (Revenue, USD Million, 2018-2030)
    • Energy & Utilities
    • Oil & Gas
    • Manufacturing
    • Mining & Metal
    • Government & Public Sector
    • Transportation
    • Chemicals & Pharmaceutical
    • Others
    • Facility Management
    • Healthcare
    • Education
    • Government

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Target buyers of UAE asset performance management market databook

  • Our clientele includes a mix of asset performance management market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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

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

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

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

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