UK Asset Performance Management Market Size & Outlook
UK asset performance management market, 2018-2030 (US$M)
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UK asset performance management market highlights
- The UK asset performance management market generated a revenue of USD 1,421.7 million in 2023 and is expected to reach USD 3,000.9 million by 2030.
- The UK market is expected to grow at a CAGR of 11.3% 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 1,421.7 million |
| Market revenue in 2030 | USD 3,000.9 million |
| Growth rate | 11.3% (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, UK accounted for 6.7% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 63.61% in 2023. Horizon Databook has segmented the UK asset performance management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
In the U.K., the asset performance management market is benefitting from a substantial and diversified pool of talent as well as the presence of a sizeable number of international and domestic investors. Due to its commitment of development to the software industry, close industry partnerships, and support for innovation, the U.K. has established an environment that is conducive to investment.
For instance, in March 2022, AVEVA Group plc partnered with Ultimo, an EAM software solutions provider, to enable asset-intensive businesses to take measures based on the best asset performance plans and asset performance intelligence.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK asset performance management market , including forecasts for subscribers. This country databook contains high-level insights into UK asset performance management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK asset performance management market size, by deployment, 2018-2030 (US$M)
UK Asset Performance Management Market Outlook Share, 2023 & 2030 (US$M)
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