How Has The Computerized Maintenance Management System Market Size Evolved Historically?
The computerized maintenance management system market has seen considerable growth due to a variety of factors.
• The market for computerized maintenance management systems has seen a significant expansion in the past few years. The growth rate reveals an increase from $1.32 billion in 2024 to $1.45 billion in 2025 with a compound annual growth rate (CAGR) of 9.1%. Factors contributing to this growth during the historical period include the implementation of preventive maintenance strategies, the need for asset management, the escalating complexity of equipment, demands for regulatory compliance, and scalability requirements.
What Does Future Hold for The Computerized Maintenance Management System Market By 2029?
The Computerized Maintenance Management System market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for computerized maintenance management systems is projected to experience considerable growth in the forthcoming years, expanding to $2.29 billion in 2029 with an annual compound growth rate (CAGR) of 12.2%.
The predicted surge during this period is attributed to a range of factors including a focus on energy management, the rise of mobile CMMS applications, big data analytics in maintenance, the need for integration with ERP systems, and a regulatory emphasis on sustainability. Expected trends during this forecast period encompass cloud-based CMMS solutions, integration with Internet of Things devices, technological enhancements in maintenance, AI-infused maintenance planning, and an emphasis on user-friendly interface and experience.
What Are The Primary Growth Drivers In The Computerized Maintenance Management System Market?
The expansion of small businesses is predicted to fuel the development of the computerized maintenance management system market in the future. To quickly grow their startups while mitigating some of the risk and unpredictability that comes with launching a company, small entrepreneurs, particularly those in manufacturing, are turning to computerized maintenance management systems. These systems aid in maintenance tracking, planning preventive maintenance, managing inventory, and purchasing, all crucial to the business' efficient functioning. The Small Business Administration (SBA), a government agency in the US, reported in 2022 that there are 33.2 million small businesses in the country, comprising 99.9 percent of all US businesses. Thus, the flourishing of small businesses is propelling the computerized maintenance management system market's growth.
What Is The Segmentation Of The Global Computerized Maintenance Management System Market?
The computerized maintenance management system market covered in this report is segmented –
1) By Deployment Type: Cloud, On-premise
2) By Enterprise Size: Large Enterprises, Small And Medium Enterprises (SMEs)
3) By Application: Asset Management, Workorder Management, Inventory Management, Preventive Maintenance, Other Applications
4) By End-Use: Manufacturing, Facility Management, Healthcare, Education, Government, Other End Uses
Subsegments:
1) By Cloud: Software As A Service (SaaS), Subscription-Based Models, Multi-Tenant Architecture
2) By On-Premise: Licensed Software, Single-Tenant Architecture, Customizable Solutions
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What Emerging Trends Are Shaping The Computerized Maintenance Management System Market Landscape?
The evolution of technology is an emerging trend that is gaining traction in the computerized maintenance management system market. Key players in this industry are leveraging new technology to maintain their market position. For example, in October 2023, TMA Systems LLC, a software company from the US, introduced an updated version of Eagle CMMS - a flexible computerized maintenance management platform tailored for businesses of all scales. This advanced software includes top-level asset management tools, while still being user-friendly and easy to incorporate. It comes with benefits like work order management, preventive maintenance, inventory management, and asset management, effectively enhancing operations, lowering downtime, reducing expenses, and boosting production efficiency. When integrated with WebTMA, TMA’s premiere enterprise asset management tool, it delivers a total solution for facility and asset management.
Who Are the Key Players In The Computerized Maintenance Management System Market?
Major companies operating in the computerized maintenance management system market include:
• Hippo CMMS
• Limble CMMS
• MicroMain Corporation
• Fiix Inc.
• International Business Machines Corporation
• Fracttal S.p.A
• eMaint Enterprises LLC
• Upkeep Technologies Inc
• Cryotos CMMS Software
• Accruent
• Infor Inc.
• Mapcon Technologies Inc.
• DPSI
• Techgate Technologies LLC
• Facilio
• ManWinWin Software
• MATE PCS LLC
• Oracle Corporation
• SAP SE
• Microsoft Corporation
• IFS
• AVEVA Group
• EAMbrace
• Maintenance Connection
• Siemens
• Asset Panda LLC
• Maintenance Care
• ManagerPlus
• Siveco Group
• CWorks Inc.
• AssetWorks LLC
• MPulse Software Inc.
• MVP Plant
• Smartware Group
• Maxpanda
• TabWare
• EZOfficeInventory
What Are The Regional Insights Into The Computerized Maintenance Management System Market?
North America was the dominating region in the computerized maintenance management system market in 2024. The regions covered in the computerized maintenance management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
