Equipment maintenance systems/software is a computerized maintenance management system which helps to manage all types of business functions such as enterprises assets management, streamline the workflow, track inventory, eliminate paperwork, plan prevention, reduce downtime & repairing cost, allocate resources, and keep updated on possible equipment failures. Enterprises are more focused on automating the advance planning and scheduling of equipment repairing and its maintenance problems. Advance planning of equipment maintenance prolongs the life of equipment and reduces the overall operating cost of maintenance. Equipment software manages all characteristics of the maintenance process, runs preventive programs, and offers enterprises complete equipment status and history of operation to users in real time.
Equipment maintenance system/software can be operated from any operating system (OS) and can be accessed via any device that includes personal computers, laptops, tablets, and smartphones. Equipment maintenance system software supports all category of operating systems include Windows 7, Windows Vista, Windows XP, Mac OS, Linux, HP-UX, AIX, Solaris, Unix, IBM OS/400, Web browser (OS agnostic), Windows 2000, and Windows 8. Moreover, based on the type of operating system, the vendors provide customized simple and user-friendly dashboard for equipment system operations. Equipment system software can be operated through apps and apps are easy to handle and are able to help enterprise users create projects, assign work orders, manage assets, and other business-related activities. Equipment maintenance system/software is designed for all types of business activity based on end-user requirement.
The equipment maintenance systems/software market is driven by both large and small & medium enterprises. SMEs are always looking for cost-effective equipment maintenance systems that are scalable and easy to use. Equipment maintenance systems conduct the maintenance daily, weekly, monthly, seasonally, and annually and send advance notification of any repairing requirement according to meter readings. The equipment maintenance systems/software market is expected to show positive growth in the coming years, both in terms of adoption and revenue. Adoption of equipment maintenance systems and software by enterprises in North America and Europe is very high due to technological advancement. Adoption of equipment maintenance systems and software in the Asia Pacific and Middle East & Africa region are expected to grow at a very good pace due to cost saving benefits of the system. In the coming years, enterprises in these regions are expected to deploy automated equipment maintenance systems/software for their business operations, which will in turn create high demand for such systems in the market.
The equipment maintenance systems/software market can be segmented on the basis of components, deployment method, operating system, pricing, enterprise size, industry vertical, and region. In terms of component, the equipment maintenance systems/software market can be bifurcated into solutions and services. Services segment can be segmented into implementation, training, support, and integration. On the basis of deployment method, the equipment maintenance systems/software market can be bifurcated into web-based and cloud server. The cloud server can be further bifurcated into private, public, and hybrid deployment type. Based on operating system, the equipment maintenance systems/software market can be divided into Mac, Windows, Linux, iOS, and Android. In terms of pricing, the equipment maintenance systems/software market can be segmented into three basic plans that include free, freemium, and subscription. Based on enterprise size, the equipment maintenance systems/software market can be bifurcated into small and mid-size enterprises and large enterprises. In terms of industry vertical, the equipment maintenance systems/software market can be segmented into IT & telecom, retail, hospitality, media & entertainment, transportation, warehouse/distribution, healthcare, government, aerospace & defense, and others (utilities, manufacturing etc.). Based on region, the equipment maintenance systems/software market can be bifurcated into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The equipment maintenance systems/software market includes both large as well as mid-size vendors. These vendors are involved in continuous research and development (R&D) in order to make the most efficient computerized software for various businesses. The competition in this market is largely on the basis of pricing, system efficiency, and benefits provided by the equipment maintenance system/software vendors.
Key players operating in the equipment maintenance system & software market are GP Mate, SeeMyMachines, UpKeep, EZOfficeInventory, FieldEZ, Mapcon, B2W Software Inc., AssetPoint, Teletrac Navman US Ltd, and Maxpanda.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.