The global market for APM is projected to have considerable CAGR during the forecast period. The market growth is attributed to various pivotal factors such as the growing demand for cloud-based APM services associated with growing demand from small-medium sized enterprises (SMEs) across the globe. Owing to this, various cloud-based APM solution providers are introducing new products to fulfill the growing demand from different verticals. For instance, in October 2019, IBM announced the launch of IBM Maximo Enterprise Asset Management SaaS with an aim to provide the cloud-based asset management experience to global clients with the ability to generate role-based work centers. Further, in November 2018, Nuvolo collaborated with GE Healthcare to offer a cloud-based clinical EAM platform to Healthcare Technology Management (HTM) professionals. In addition, the increasing demand for innovative technologies such as Artificial Intelligence (AI) and machine learning for predicting and preventing system errors and reducing the overall maintenance cost is also driving the demand for EAM products in energy & utility, manufacturing, and IT & telecommunication industry.

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Segmental Outlook

The global APM market is segmented based on deployment and industry. Based on the deployment, the market is further classified into cloud-based and on-premises. The cloud based segment is projected to have considerable growth owing to the growing demand of cloud based APM solutions across various enterprises. Cloud-based APM requires no hardware other than mobile devices, tablets, or personal computers and can be easily scalable to fit the demand of an organization. On-premise APM requires a substantial initial investment to purchase and maintain the necessary hardware to run the APM software, whereas, APM Cloud system does not require any investment on specific hardware. On the basis of industry the market is further segregated into BFSI, retail, energy and utility, healthcare, government, IT & telecom, and others.

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Market Segmentation

Global APM Market by deployment

Cloud-based
On-Premises
Global APM Market by Industry

BFSI
Energy &Utilities
Healthcare
Government
IT & Telecom
Others(Food & Beverages)
Regional Analysis

North America

United States
Canada
Europe

UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific

China
India
Japan
Rest of Asia-Pacific
Rest of the World

Company Profiles

ABB Ltd.
Aspen Technology, Inc.
Aptean Group
AVEVA Group plc
Accruent
Bentley Systems, Inc.
DNV GL AS
eMaint Enterprises, LLC
General Electric Co.
IBM Corp.
Infor
Intelligent Process Solutions GmbH
Microsoft Corp.
Nexus Global Business Solutions, Inc.
OSIsoft, LLC
Oracle Corp.
Rockwell Automation, Inc.
SAP SE
Siemens AG
Uptake Technologies Inc.


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