From GlobeNewswire: 2025-03-28 09:30:00

The Computerized Maintenance Management System (CMMS) market was valued at USD 1.48 billion in 2023 and is projected to reach USD 3.72 billion by 2032, with a CAGR of 10.81% driven by Industry 4.0 and IoT-based smart maintenance strategies. Leading players include IBM, SAP, Oracle, and Schneider Electric. Cloud-based CMMS is expected to grow rapidly, particularly in SMEs and emerging markets.

In 2023, the U.S. CMMS market was valued at USD 0.31 billion and is projected to reach USD 0.71 billion by 2032, growing at a CAGR of 9.52%. Key drivers for CMMS adoption include smart maintenance, Industry 4.0 technologies, and cloud AI analytics. The market is segmented by deployment, enterprise size, and end-use, with on-premises models leading in 2023 and cloud-based solutions expected to see rapid growth.

North America leads the CMMS market in 2023, with a 29.7% share, while Asia Pacific is expected to be the fastest-growing region from 2024 to 2032. Major players like IBM Maximo and Siemens are optimizing predictive maintenance solutions, enhancing operational efficiency and workplace safety. Recent developments include IBM fixing critical vulnerabilities in Maximo and Siemens enhancing AI-driven predictive maintenance solutions. The Computerized Maintenance Management System (CMMS) market is segmented by deployment, throw distance, and end-use. Regional analysis and company profiles are included, along with use cases and best practices. For more information on CMMS market growth and outlook, visit the link provided for detailed research insights. SNS Insider is a leading market research and consulting agency, providing clients with current, accurate market data and consumer insights to make confident decisions in a changing market landscape. Contact [email protected] for customized research inquiries.



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