Lamea Predictive Maintenance Market By Component (Solution and Services), By Organization Size (Large Enterprises and Small & Medium-Sized Enterprises), By Deployment Mode (On Premise and Cloud), By End User (Government & Defense, Healthcare & Life Sciences, Energy & Utilities, Media & Telecom, Manufacturing, Transportation & Logistics and Others)

Analysis of Market Size & Trends

The Latin America, Middle East and Africa Predictive Maintenance Market would witness market growth of 35.4% CAGR during the forecast period (2019?2025).

Predictive maintenance is built on the four pillars of digitalization: value creation, automation, digital data, and interconnectivity. With the continuous measuring of data that is provided by a team of sensors and further evaluating the relevant parameters, it thus forecasts the remaining performance life of the machine, components, and whole asset parks. This helps companies in determining the exact point of time in maintaining and adjusting the optimal operating conditions, thus improving the product and service quality and the retrieving the most out investments. End-use industries for example aerospace, oil and gas, automotive, manufacturing, healthcare, and power generation mainly focus on efficient operations and automation and consider investing for the same. Owing to the statement that the oil and gas industry has changed in remote monitoring, operation costs, and needs insightful decision-making.

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Based on Component, the market is segmented into Solution and Services. Solutions are further categorized into Integrated and Standalone. Services are further bifurcated into Integration & Deployment, Advisory & Consulting and Support & Maintenance. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. Based on Deployment Mode, the market is segmented into On Premise and Cloud. Based on End User, the market is segmented into Government & Defense, Healthcare & Life Sciences, Energy & Utilities, Media & Telecom, Manufacturing, Transportation & Logistics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, SAP SE, Software AG, Schneider Electric SE, General Electric (GE), Hitachi, Ltd., PTC, Inc., TIBCO Software, Inc. and Uptake Technologies, Inc.

Scope of the Predictive Maintenance Market

Market Segmentation:

By Component

• Solution
  • Integrated
  • Standalone
• Services
  • Integration & Deployment
  • Advisory & Consulting
  • Support & Maintenance

By Organization Size

• Large Enterprises
• Small & Medium-Sized Enterprises

By Deployment Mode

• On Premise
• Cloud

By End User

• Government & Defense
• Healthcare & Life Sciences
• Energy & Utilities
• Media & Telecom
• Manufacturing
• Transportation & Logistics
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• IBM Corporation
• Microsoft Corporation
• SAP SE
• Software AG
• Schneider Electric SE
• General Electric (GE)
• Hitachi, Ltd.
• PTC, Inc.
• TIBCO software Inc.
• Uptake Technologies, Inc.