The North America Asset Performance Management Market would witness market growth of 8.4% CAGR during the forecast period (2019-2025). The ability of asset performance management solutions has helped businesses take critical decisions and reduced the cost of overall operation. These are two prominent factors that promote the demand for APM solutions worldwide. Nonetheless, most mid-size and small-size companies continue to avoid from engaging in asset performance management due to relatively high costs. This, in effect, has somewhat limited market growth. The growing reliance on cloud systems for business processes, along with increase in global competition, is anticipated to provide the asset performance management market with several opportunities to grow.
Maintenance of machines and equipment at an acceptable level of performance can sometimes be a real struggle. With a wide range of different strategies to keep the vital resources under control, it can be challenging to decide which is most cost-effective and efficient in the long run. In the pursuit of operational excellence, asset performance management (APM) serves a crucial role in achieving business objectives-ensuring that resources deliver value at a minimal cost and operate in a secure and environmentally responsible approach. From operational predictive and prescriptive analysis to asset performance, process safety and integrity management systems, Bentley's Asset Performance Management (APM) approach incorporates operations, engineering, and maintenance to control business processes in a structured decision-making environment.
Click Here For Free Insights
Based on Category, the market is segmented into Asset Reliability Management, Asset Strategy Management, Predictive Asset Management and Others. Based on Deployment Type, the market is segmented into On-premise and Hosted. Based on Vertical, the market is segmented into Energy & Utilities, Oil & Gas, Manufacturing, Mining & Metal, Government & Public Sector, Chemicals & Pharmaceutical and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, IBM Corporation, General Electric (GE) Co., SAP SE, Schneider Electric SE (Schneider Electric Software LLC), Siemens AG, Nexus Global Business Solutions, Inc., Aspen Technology, Inc., Bentley Systems, Inc. and SAS Institute, Inc.
Scope of the Asset Performance Management Market Analysis
Market Segmentation:
By Category
- Asset Reliability Management
- Asset Strategy Management
- Predictive Asset Management
- Others
By Deployment Type
By Vertical
- Energy & Utilities
- Oil & Gas
- Manufacturing
- Mining & Metal
- Government & Public Sector
- Chemicals & Pharmaceutical
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- ABB Group
- IBM Corporation
- General Electric (GE) Co.
- SAP SE
- Schneider Electric SE (Schneider Electric Software LLC)
- Siemens AG
- Nexus Global Business Solutions, Inc.
- Aspen Technology, Inc.
- Bentley Systems, Inc.
- SAS Institute, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Asset Performance Management Market, by Category
1.4.2 North America Asset Performance Management Market, by Deployment Type
1.4.3 North America Asset Performance Management Market, by Vertical
1.4.4 North America Asset Performance Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Competition Analysis
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Expansions
3.2.3 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Collaborations, partnerships and agreements : 2019-Sep - 2015-Jul) Leading Players
Chapter 4. North America Asset Performance Management Market by Deployment Mode
4.1 North America Asset Performance Management On-Premises Market by Country
4.2 North America Asset Performance Management Hosted Market by Country
Chapter 5. North America Asset Performance Management Market by Vertical
5.1 North America Asset Performance Management Energy & Utilities Market by Country
5.2 North America Asset Performance Management Oil & Gas Market by Country
5.3 North America Asset Performance Management Manufacturing Market by Country
5.4 North America Asset Performance Management Mining & Metal Market by Country
5.5 North America Asset Performance Management Government & Public Sector Market by Country
5.6 North America Asset Performance Management Chemicals & Pharmaceutical Market by Country
5.7 North America Other Vertical Asset Performance Management Market by Country
Chapter 6. North America Asset Performance Management Market by Category
6.1 North America Asset Reliability Management Market by Country
6.2 North America Asset Strategy Management Market by Country
6.3 North America Predictive Asset Management Market by Country
6.4 North America Asset Performance Management Others Market by Country
Chapter 7. North America Asset Performance Management Market by Country
7.1 US Asset Performance Management Market
7.1.1 US Asset Performance Management Market by Deployment Mode
7.1.2 US Asset Performance Management Market by Vertical
7.1.3 US Asset Performance Management Market by Category
7.2 Canada Asset Performance Management Market
7.2.1 Canada Asset Performance Management Market by Deployment Mode
7.2.2 Canada Asset Performance Management Market by Vertical
7.2.3 Canada Asset Performance Management Market by Category
7.3 Mexico Asset Performance Management Market
7.3.1 Mexico Asset Performance Management Market by Deployment Mode
7.3.2 Mexico Asset Performance Management Market by Vertical
7.3.3 Mexico Asset Performance Management Market by Category
7.4 Rest of North America Asset Performance Management Market
7.4.1 Rest of North America Asset Performance Management Market by Deployment Mode
7.4.2 Rest of North America Asset Performance Management Market by Vertical
7.4.3 Rest of North America Asset Performance Management Market by Category
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Collaborations, partnerships and agreements:
8.1.5.2 Product launches:
8.1.6 SWOT Analysis
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Collaborations, partnerships and agreements:
8.2.5.2 Acquisition and mergers:
8.2.5.3 Product launches:
8.2.6 SWOT Analysis
8.3 General Electric (GE) Co.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Collaborations, partnerships and agreements:
8.3.5.2 Product launches:
8.3.5.3 Acquisition and mergers:
8.3.6 SWOT Analysis
8.4 SAP SE
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Collaborations, partnerships and agreements:
8.4.5.2 Product launches:
8.4.6 SWOT Analysis
8.5 Schneider Electric SE (Schneider Electric Software LLC)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental And Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Collaborations, partnerships and agreements:
8.5.5.2 Product launches:
8.5.6 SWOT Analysis
8.6 Siemens AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Collaborations, partnerships and agreements:
8.6.5.2 Product launches:
8.6.5.3 Expansions:
8.6.6 SWOT Analysis
8.7 Nexus Global Business Solutions, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Collaborations, partnerships and agreements:
8.7.2.2 Acquisition and mergers:
8.8 Aspen Technology, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Collaborations, partnerships and agreements:
8.8.5.2 Acquisition and mergers:
8.8.5.3 Product launches:
8.8.6 SWOT Analysis
8.9 Bentley Systems, Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Collaborations, partnerships and agreements:
8.9.2.2 Acquisition and mergers:
8.1 SAS Institute, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Product launches:
8.10.2.2 Collaborations, partnerships and agreements:
TABLE 1 North America Asset Performance Management Market, 2015 - 2018, USD Million
TABLE 2 North America Asset Performance Management Market, 2019 - 2025, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Asset Performance Management Market
TABLE 4 Product Launches And Expansions- Asset Performance Management Market
TABLE 5 Mergers & Acquisitions - Asset Performance Management Market
TABLE 6 North America Asset Performance Management Market by Deployment Mode, 2015 - 2018, USD Million
TABLE 7 North America Asset Performance Management Market by Deployment Mode, 2019 - 2025, USD Million
TABLE 8 North America Asset Performance Management On-Premises Market by Country, 2015 - 2018, USD Million
TABLE 9 North America Asset Performance Management On-Premises Market by Country, 2019 - 2025, USD Million
TABLE 10 North America Asset Performance Management Hosted Market by Country, 2015 - 2018, USD Million
TABLE 11 North America Asset Performance Management Hosted Market by Country, 2019 - 2025, USD Million
TABLE 12 North America Asset Performance Management Market by Vertical, 2015 - 2018, USD Million
TABLE 13 North America Asset Performance Management Market by Vertical, 2019 - 2025, USD Million
TABLE 14 North America Asset Performance Management Energy & Utilities Market by Country, 2015 - 2018, USD Million
TABLE 15 North America Asset Performance Management Energy & Utilities Market by Country, 2019 - 2025, USD Million
TABLE 16 North America Asset Performance Management Oil & Gas Market by Country, 2015 - 2018, USD Million
TABLE 17 North America Asset Performance Management Oil & Gas Market by Country, 2019 - 2025, USD Million
TABLE 18 North America Asset Performance Management Manufacturing Market by Country, 2015 - 2018, USD Million
TABLE 19 North America Asset Performance Management Manufacturing Market by Country, 2019 - 2025, USD Million
TABLE 20 North America Asset Performance Management Mining & Metal Market by Country, 2015 - 2018, USD Million
TABLE 21 North America Asset Performance Management Mining & Metal Market by Country, 2019 - 2025, USD Million
TABLE 22 North America Asset Performance Management Government & Public Sector Market by Country, 2015 - 2018, USD Million
TABLE 23 North America Asset Performance Management Government & Public Sector Market by Country, 2019 - 2025, USD Million
TABLE 24 North America Asset Performance Management Chemicals & Pharmaceutical Market by Country, 2015 - 2018, USD Million
TABLE 25 North America Asset Performance Management Chemicals & Pharmaceutical Market by Country, 2019 - 2025, USD Million
TABLE 26 North America Other Vertical Asset Performance Management Market by Country, 2015 - 2018, USD Million
TABLE 27 North America Other Vertical Asset Performance Management Market by Country, 2019 - 2025, USD Million
TABLE 28 North America Asset Performance Management Market by Category, 2015 - 2018, USD Million
TABLE 29 North America Asset Performance Management Market by Category, 2019 - 2025, USD Million
TABLE 30 North America Asset Reliability Management Market by Country, 2015 - 2018, USD Million
TABLE 31 North America Asset Reliability Management Market by Country, 2019 - 2025, USD Million
TABLE 32 North America Asset Strategy Management Market by Country, 2015 - 2018, USD Million
TABLE 33 North America Asset Strategy Management Market by Country, 2019 - 2025, USD Million
TABLE 34 North America Predictive Asset Management Market by Country, 2015 - 2018, USD Million
TABLE 35 North America Predictive Asset Management Market by Country, 2019 - 2025, USD Million
TABLE 36 North America Asset Performance Management Others Market by Country, 2015 - 2018, USD Million
TABLE 37 North America Asset Performance Management Others Market by Country, 2019 - 2025, USD Million
TABLE 38 North America Asset Performance Management Market by Country, 2015 - 2018, USD Million
TABLE 39 North America Asset Performance Management Market by Country, 2019 - 2025, USD Million
TABLE 40 US Asset Performance Management Market, 2015 - 2018, USD Million
TABLE 41 US Asset Performance Management Market, 2019 - 2025, USD Million
TABLE 42 US Asset Performance Management Market by Deployment Mode, 2015 - 2018, USD Million
TABLE 43 US Asset Performance Management Market by Deployment Mode, 2019 - 2025, USD Million
TABLE 44 US Asset Performance Management Market by Vertical, 2015 - 2018, USD Million
TABLE 45 US Asset Performance Management Market by Vertical, 2019 - 2025, USD Million
TABLE 46 US Asset Performance Management Market by Category, 2015 - 2018, USD Million
TABLE 47 US Asset Performance Management Market by Category, 2019 - 2025, USD Million
TABLE 48 Canada Asset Performance Management Market, 2015 - 2018, USD Million
TABLE 49 Canada Asset Performance Management Market, 2019 - 2025, USD Million
TABLE 50 Canada Asset Performance Management Market by Deployment Mode, 2015 - 2018, USD Million
TABLE 51 Canada Asset Performance Management Market by Deployment Mode, 2019 - 2025, USD Million
TABLE 52 Canada Asset Performance Management Market by Vertical, 2015 - 2018, USD Million
TABLE 53 Canada Asset Performance Management Market by Vertical, 2019 - 2025, USD Million
TABLE 54 Canada Asset Performance Management Market by Category, 2015 - 2018, USD Million
TABLE 55 Canada Asset Performance Management Market by Category, 2019 - 2025, USD Million
TABLE 56 Mexico Asset Performance Management Market, 2015 - 2018, USD Million
TABLE 57 Mexico Asset Performance Management Market, 2019 - 2025, USD Million
TABLE 58 Mexico Asset Performance Management Market by Deployment Mode, 2015 - 2018, USD Million
TABLE 59 Mexico Asset Performance Management Market by Deployment Mode, 2019 - 2025, USD Million
TABLE 60 Mexico Asset Performance Management Market by Vertical, 2015 - 2018, USD Million
TABLE 61 Mexico Asset Performance Management Market by Vertical, 2019 - 2025, USD Million
TABLE 62 Mexico Asset Performance Management Market by Category, 2015 - 2018, USD Million
TABLE 63 Mexico Asset Performance Management Market by Category, 2019 - 2025, USD Million
TABLE 64 Rest of North America Asset Performance Management Market, 2015 - 2018, USD Million
TABLE 65 Rest of North America Asset Performance Management Market, 2019 - 2025, USD Million
TABLE 66 Rest of North America Asset Performance Management Market by Deployment Mode, 2015 - 2018, USD Million
TABLE 67 Rest of North America Asset Performance Management Market by Deployment Mode, 2019 - 2025, USD Million
TABLE 68 Rest of North America Asset Performance Management Market by Vertical, 2015 - 2018, USD Million
TABLE 69 Rest of North America Asset Performance Management Market by Vertical, 2019 - 2025, USD Million
TABLE 70 Rest of North America Asset Performance Management Market by Category, 2015 - 2018, USD Million
TABLE 71 Rest of North America Asset Performance Management Market by Category, 2019 - 2025, USD Million
TABLE 72 Key Information - ABB Group
TABLE 73 Key information - IBM Corporation
TABLE 74 Key Information - General Electric (GE) Co.
TABLE 75 Key Information - SAP SE
TABLE 76 Key information - Schneider Electric SE
TABLE 77 Key Information - Siemens AG
TABLE 78 Key Information - Nexus Global Business Solutions, Inc.
TABLE 79 Key Information - Aspen Technology, Inc.
TABLE 80 Key Information - Bentley Systems, Inc.
TABLE 81 Key information - SAS Institute, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2015-2019)
FIG 4 Key Strategic Move: (Collaborations, partnerships and agreements : 2019-Sep - 2015-Jul) Leading Players
FIG 5 SWOT Analysis: ABB Group
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: General Electric (GE) Co.
FIG 9 Swot analysis: General electric Co.
FIG 10 Recent strategies and developments: SAP SE
FIG 11 SWOT Analysis: SAP SE
FIG 12 Recent strategies and developments: Schneider Electric SE (Schneider Electric Software LLC)
FIG 13 Swot analysis: Schneider Electric SE
FIG 14 Recent strategies and developments: Siemens AG
FIG 15 Swot analysis: Siemens AG
FIG 16 Recent strategies and developments: Aspen Technology, Inc.
FIG 17 SWOT Analysis: Aspen Technology, Inc.
FIG 18 Recent strategies and developments: Bentley Systems, Inc.