U.S. Asset Performance Management Market Size & Outlook
U.S. asset performance management market, 2018-2030 (US$M)
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U.S. asset performance management market highlights
- The U.S. asset performance management market generated a revenue of USD 5,632.0 million in 2023 and is expected to reach USD 11,711.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 11% 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 5,632.0 million |
| Market revenue in 2030 | USD 11,711.1 million |
| Growth rate | 11% (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, U.S. accounted for 26.4% 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 North America, U.S. asset performance management market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,422.8 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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U.S. 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 63.2% in 2023. Horizon Databook has segmented the U.S. asset performance management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
Various market players in the U.S. are significantly offering asset performance management solutions in the U.S. to stay competitive in the market. For instance, in January 2022, Broadcom, Inc., a U.S.-based company, introduced a DX Unified Infrastructure Management solution, which offered open architecture, full-stack visibility, and zero-touch configuration for monitoring traditional data centers, public clouds, and hybrid infrastructure environments.
The DX Unified Infrastructure Management solution increased return on investment by 321% and reduced incidents that required triage by 50%.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. asset performance management market , including forecasts for subscribers. This country databook contains high-level insights into U.S. asset performance management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. asset performance management market size, by deployment, 2018-2030 (US$M)
U.S. Asset Performance Management Market Outlook Share, 2023 & 2030 (US$M)
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