About CMMS Tool
A CMMS tool is the computer software developed for the management and maintenance of the organizational data, it is known as the Computerized Maintenance Management System. The tool deals with the Maintenence process, planning, and management of the organisation to provide productivity and efficiency in the operations. The CMMS tool also facilitates and prevents maintenance related tasks, storage, and safety.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global CMMS Tool market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
MicroMain Corp (United States), IBM Maximo (United States), ManWinWin (Portugal), EZOfficeInventory (United States), Smartsheet Inc. (United States), Limble CMMS (United States), Fluke Corporation (eMaint) (United States), Hippo CMMS (iOFFICE) (Canada), SIVECO GROUP (France), Axxerion (United States) and MCS Solutions (Belgium) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global CMMS Tool market by Type (Mobile Access, Preventive Maintenance and Service History Tracking), Application (Industrial & Manufacturing, Property Management Firms, Logistics & Retail, Education & Government and Healthcare and Others) and Region.
On the basis of geography, the market of CMMS Tool has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Pricing Option, the sub-segment i.e. Free Trial will boost the CMMS Tool market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the CMMS Tool market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Calibration Management will boost the CMMS Tool market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Ugradation with Advanced Features in the CMMS Tool
Market Growth Drivers:
The Demand for the Maintenance in the Organisation Management and Need for the Productivity and Efficiency in Organisational Operation
Challenges:
Stiff Competition Due to the new Companies Entering in the CMMS Tool Market
Restraints:
Problem Associated with the Connectivity of Devices will Affect the CMMS Tool Operation
Opportunities:
Growing Number of Data in the Organisation Requires Management which will Boost CMMS Tool Market
On 13th November 2019, iOFFICE, a leader in digital workplace experience solutions, has acquired Hippo CMMS, an asset and preventative maintenance management software provider. This move further broadens the scope of iOFFICE’s intelligent cloud-based solutions and expands its digital technology suite to meet the entirety of its customers’ needs for managing the workplace
Key Target Audience
CMMS Tool Developers, CMMS Tool Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.