United States CMMS Software Market By Type (Cloud-Based, Web-based, On-Premises), By Organization Size (Small Businesses, Midsized Businesses, and Large Businesses), By Application (Healthcare, Education & Government, Corporate Real Estate, Industrial & Manufacturing, Aerospace, and Others), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
United States CMMS Software Market By Type (Cloud-Based, Web-based, On-Premises), By Organization Size (Small Businesses, Midsized Businesses, and Large Businesses), By Application (Healthcare, Education & Government, Corporate Real Estate, Industrial & Manufacturing, Aerospace, and Others), By Geographic Scope And Forecast
United States CMMS Software Market Size And Forecast
United States CMMS Software Market size was valued at USD 44.89 Million in 2024 and the market size will reach USD 89.84 Million by 2031, growing at a CAGR of 8.60% from 2024 to 2031.
The United States report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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United States CMMS Software Market Definition
A computerized maintenance management system (CMMS) is a software package and for the organization’s maintenance activities, it maintains a computer database of information. It enhances the usage and availability of physical gear like vehicles, communications, machinery, plant infrastructures, and different resources. Additionally, alluded to as CMMIS or computerized maintenance management information system, CMMS systems are found in power generation, oil and gas production, manufacturing, construction, transportation, and different businesses where the actual foundation is basic.
A CMMS additionally takes into account record keeping, to follow completed and allocated tasks in a convenient and cost-effective manner. Numerous CMMS software can be either cloud-based, which means they are facilitated by the organization selling the item on an external worker, or on-premises based, implying that the organization purchasing the product has the item on its own server.
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United States CMMS Software Market Overview
CMMS Software is highly popular and most commonly with organizations in order to introduce seamless workflow at the workplace. The rising demand for cloud-based solutions is propelling the growth of the market. Traditional on-premise or web-based CMMS software offers the same degree of functionality as cloud CMMS software, but cloud platforms provide a variety of added advantages. The user can be up and running in 60 seconds with cloud-based CMMS software.
In addition, the growing adoption of tablets and smartphones has become indispensable work tools, boosting efficiency and productivity and thereby contributes to fuels the demand for the CMMS software. Moreover reduced downtimes enhanced cost-effectivity, automate and streamline the process for all critical asset management tasks by using the software in the various end-user industries lead the market to accelerate at a faster pace. However, the lack of skilled expertise is expected to hamper the market growth.
United States CMMS Software Market Segmentation Analysis
The United States CMMS Software Market is segmented on the basis of Type, Organization Size, Application, and Geography.
United States CMMS Software Market, By Type
On the basis of Type, the U.S. CMMS Software Market has been segmented into Cloud-Based, Web-based, On-Premises. Cloud-Based accounted for the largest market share in 2020 and is projected to grow at the highest CAGR during the forecast period. On-Premises was the second-largest market in 2020. Cloud-based CMMS gives technical writers a full-featured CMMS in the cloud with a modern and user-friendly experience. On-premise CMMS mostly used by large organizations.
United States CMMS Software Market, By Application
On the basis of Application, the U.S. CMMS Software Market has been segmented into Healthcare, Education & Government, Corporate Real Estate, Industrial & Manufacturing, Aerospace, and Others. Industrial & Manufacturing accounted for the largest market share of in 2020, during the forecast period. Airlines and their United States travel partners serve thousands of destinations in hundreds of countries, often through multiple hub cities and maintenance facilities across the world, and therefore facilitate to provide that better market share.
United States CMMS Software Market, By Organization Size
On the basis of Organization Size, the U.S. CMMS Software Market has been segmented into Small Businesses, Midsized Businesses, and Large Businesses. Large Businesses accounted for the largest market share in 2020, during the forecast period. The existing large enterprise in the market is modernizing with the modernizing technologies and the changing needs. The CMMS software plays a vital role in integrating the seamless workflow and business organizations. Small business organizations most of the time have to face the challenge in order to maintain accurate, up-to-date processes that include customer service requests, maintenance, operational performance, warehouse inventory, and others.
Key Players
The major players in the market are UpKeep Technologies, Inc, EZmaintain, MATE PCS LLC, Utility Cloud, and others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | The major players in the market are UpKeep Technologies, Inc, EZmaintain, MATE PCS LLC, Utility Cloud, and others. |
SEGMENTS COVERED | The United States CMMS Software Market is segmented on the basis of Type, Organization Size, Application, and Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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