Analytics is the computational analysis of a set of data.听The field of analytics has evolved over a period of time.听It used to be descriptive in nature and used historical data to analyze situations and actions.听Later, descriptive analytics was further refined to diagnostic analytics, which provided reasoning for actions.听With further advancements in computational technology, the approach of predictive and prescriptive analytics came into existence.听Predictive analytics helps decision makers to mathematically predict the future.听On the other hand, prescriptive analytics helps decision makers to take action regarding future events.听Prescriptive analytics and maintenance are computing tools that use modern technologies such as artificial intelligence, machine learning, as well as pattern recognition to create efficient decision making for asset management.听They are used to monitor equipment performance at the premises and also predict performance expectations.听Anyone responsible for asset management can reap the benefits of prescriptive analytics.听Original equipment manufacturers (OEM), maintenance organizations, or any third party service providers can use prescriptive analytics to efficiently manage assets.听Prescriptive analytics draws data from business intelligence, enterprise asset management (EAM), enterprise resource planning (ERP), and other enterprise information systems.听Using these data, the solution frames what if conditions of all the possible results.听Each option is critically evaluated in order to arrive at the optimal course of action.听Prescriptive analytics saves time and significantly reduces human error since the outcome is created by the combination of predictive modelling, machine learning, and statistical algorithms.听Prescriptive maintenance continuously monitors the asset and immediately identifies any asset failure.听It is not limited to predicting failure like predictive analytics.听It has a larger canvas.听Prescriptive analytics helps in strategic decision making for the maintenance of the asset throughout its life cycle.听Therefore, the prescriptive approach to asset management has several benefits.听It helps in providing real-time data analysis and improves asset performance by significantly reducing downtime.
Market Analysis and Insights: Global Prescriptive Asset Management Solutions Market
The global Prescriptive Asset Management Solutions market is projected to grow from US$ million in 2023 to US$ million by 2029, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Prescriptive Asset Management Solutions is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The China market for Prescriptive Asset Management Solutions is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The Europe market for Prescriptive Asset Management Solutions is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global key companies of Prescriptive Asset Management Solutions include AspenTech, ABB, SSG Insight, Arcadis Gen Sheffield, PlantVision, Altran Americas, IBM Corporation, Rockwell Automation and SAP SE, etc. in 2022, the global top five players had a share approximately % in terms of revenue.
Report Includes
This report presents an overview of global market for Prescriptive Asset Management Solutions market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Prescriptive Asset Management Solutions, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Prescriptive Asset Management Solutions, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Prescriptive Asset Management Solutions revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Prescriptive Asset Management Solutions market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Prescriptive Asset Management Solutions revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including AspenTech, ABB, SSG Insight, Arcadis Gen Sheffield, PlantVision, Altran Americas, IBM Corporation, Rockwell Automation and SAP SE, etc.
By Company
AspenTech
ABB
SSG Insight
Arcadis Gen Sheffield
PlantVision
Altran Americas
IBM Corporation
Rockwell Automation
SAP SE
Wipro
eMaint
Segment by Type
Software
Services
Segment by Application
Oil & Gas
Chemicals
Water & Wastewater
Power Generation
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East, Africa, and Latin America
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Prescriptive Asset Management Solutions in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Prescriptive Asset Management Solutions companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America by type, by application and by country, revenue for each segment.
Chapter 7: Europe by type, by application and by country, revenue for each segment.
Chapter 8: China by type and by application revenue for each segment.
Chapter 9: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by type, by application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Prescriptive Asset Management Solutions revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Prescriptive Asset Management Solutions Market Size Growth Rate by Type, 2018 VS 2022 VS 2029
1.2.2 Software
1.2.3 Services
1.3 Market by Application
1.3.1 Global Prescriptive Asset Management Solutions Market Size Growth Rate by Application, 2018 VS 2022 VS 2029
1.3.2 Oil & Gas
1.3.3 Chemicals
1.3.4 Water & Wastewater
1.3.5 Power Generation
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Prescriptive Asset Management Solutions Market Perspective (2018-2029)
2.2 Global Prescriptive Asset Management Solutions Growth Trends by Region
2.2.1 Prescriptive Asset Management Solutions Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Prescriptive Asset Management Solutions Historic Market Size by Region (2018-2023)
2.2.3 Prescriptive Asset Management Solutions Forecasted Market Size by Region (2024-2029)
2.3 Prescriptive Asset Management Solutions Market Dynamics
2.3.1 Prescriptive Asset Management Solutions Industry Trends
2.3.2 Prescriptive Asset Management Solutions Market Drivers
2.3.3 Prescriptive Asset Management Solutions Market Challenges
2.3.4 Prescriptive Asset Management Solutions Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Prescriptive Asset Management Solutions by Players
3.1.1 Global Prescriptive Asset Management Solutions Revenue by Players (2018-2023)
3.1.2 Global Prescriptive Asset Management Solutions Revenue Market Share by Players (2018-2023)
3.2 Global Prescriptive Asset Management Solutions Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Prescriptive Asset Management Solutions, Ranking by Revenue, 2021 VS 2022 VS 2023
3.4 Global Prescriptive Asset Management Solutions Market Concentration Ratio
3.4.1 Global Prescriptive Asset Management Solutions Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Prescriptive Asset Management Solutions Revenue in 2022
3.5 Global Key Players of Prescriptive Asset Management Solutions Head office and Area Served
3.6 Global Key Players of Prescriptive Asset Management Solutions, Product and Application
3.7 Global Key Players of Prescriptive Asset Management Solutions, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Prescriptive Asset Management Solutions Breakdown Data by Type
4.1 Global Prescriptive Asset Management Solutions Historic Market Size by Type (2018-2023)
4.2 Global Prescriptive Asset Management Solutions Forecasted Market Size by Type (2024-2029)
5 Prescriptive Asset Management Solutions Breakdown Data by Application
5.1 Global Prescriptive Asset Management Solutions Historic Market Size by Application (2018-2023)
5.2 Global Prescriptive Asset Management Solutions Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Prescriptive Asset Management Solutions Market Size (2018-2029)
6.2 North America Prescriptive Asset Management Solutions Market Size by Type
6.2.1 North America Prescriptive Asset Management Solutions Market Size by Type (2018-2023)
6.2.2 North America Prescriptive Asset Management Solutions Market Size by Type (2024-2029)
6.2.3 North America Prescriptive Asset Management Solutions Market Share by Type (2018-2029)
6.3 North America Prescriptive Asset Management Solutions Market Size by Application
6.3.1 North America Prescriptive Asset Management Solutions Market Size by Application (2018-2023)
6.3.2 North America Prescriptive Asset Management Solutions Market Size by Application (2024-2029)
6.3.3 North America Prescriptive Asset Management Solutions Market Share by Application (2018-2029)
6.4 North America Prescriptive Asset Management Solutions Market Size by Country
6.4.1 North America Prescriptive Asset Management Solutions Market Size by Country: 2018 VS 2022 VS 2029
6.4.2 North America Prescriptive Asset Management Solutions Market Size by Country (2018-2023)
6.4.3 North America Prescriptive Asset Management Solutions Market Size by Country (2024-2029)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Prescriptive Asset Management Solutions Market Size (2018-2029)
7.2 Europe Prescriptive Asset Management Solutions Market Size by Type
7.2.1 Europe Prescriptive Asset Management Solutions Market Size by Type (2018-2023)
7.2.2 Europe Prescriptive Asset Management Solutions Market Size by Type (2024-2029)
7.2.3 Europe Prescriptive Asset Management Solutions Market Share by Type (2018-2029)
7.3 Europe Prescriptive Asset Management Solutions Market Size by Application
7.3.1 Europe Prescriptive Asset Management Solutions Market Size by Application (2018-2023)
7.3.2 Europe Prescriptive Asset Management Solutions Market Size by Application (2024-2029)
7.3.3 Europe Prescriptive Asset Management Solutions Market Share by Application (2018-2029)
7.4 Europe Prescriptive Asset Management Solutions Market Size by Country
7.4.1 Europe Prescriptive Asset Management Solutions Market Size by Country: 2018 VS 2022 VS 2029
7.4.2 Europe Prescriptive Asset Management Solutions Market Size by Country (2018-2023)
7.4.3 Europe Prescriptive Asset Management Solutions Market Size by Country (2024-2029)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Prescriptive Asset Management Solutions Market Size (2018-2029)
8.2 China Prescriptive Asset Management Solutions Market Size by Type
8.2.1 China Prescriptive Asset Management Solutions Market Size by Type (2018-2023)
8.2.2 China Prescriptive Asset Management Solutions Market Size by Type (2024-2029)
8.2.3 China Prescriptive Asset Management Solutions Market Share by Type (2018-2029)
8.3 China Prescriptive Asset Management Solutions Market Size by Application
8.3.1 China Prescriptive Asset Management Solutions Market Size by Application (2018-2023)
8.3.2 China Prescriptive Asset Management Solutions Market Size by Application (2024-2029)
8.3.3 China Prescriptive Asset Management Solutions Market Share by Application (2018-2029)
9 Asia (excluding China)
9.1 Asia Prescriptive Asset Management Solutions Market Size (2018-2029)
9.2 Asia Prescriptive Asset Management Solutions Market Size by Type
9.2.1 Asia Prescriptive Asset Management Solutions Market Size by Type (2018-2023)
9.2.2 Asia Prescriptive Asset Management Solutions Market Size by Type (2024-2029)
9.2.3 Asia Prescriptive Asset Management Solutions Market Share by Type (2018-2029)
9.3 Asia Prescriptive Asset Management Solutions Market Size by Application
9.3.1 Asia Prescriptive Asset Management Solutions Market Size by Application (2018-2023)
9.3.2 Asia Prescriptive Asset Management Solutions Market Size by Application (2024-2029)
9.3.3 Asia Prescriptive Asset Management Solutions Market Share by Application (2018-2029)
9.4 Asia Prescriptive Asset Management Solutions Market Size by Region
9.4.1 Asia Prescriptive Asset Management Solutions Market Size by Region: 2018 VS 2022 VS 2029
9.4.2 Asia Prescriptive Asset Management Solutions Market Size by Region (2018-2023)
9.4.3 Asia Prescriptive Asset Management Solutions Market Size by Region (2024-2029)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size (2018-2029)
10.2 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Type
10.2.1 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Type (2018-2023)
10.2.2 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Type (2024-2029)
10.2.3 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Share by Type (2018-2029)
10.3 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Application
10.3.1 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Application (2018-2023)
10.3.2 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Application (2024-2029)
10.3.3 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Share by Application (2018-2029)
10.4 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Country
10.4.1 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Country: 2018 VS 2022 VS 2029
10.4.2 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Country (2018-2023)
10.4.3 Middle East, Africa, and Latin America Prescriptive Asset Management Solutions Market Size by Country (2024-2029)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 AspenTech
11.1.1 AspenTech Company Details
11.1.2 AspenTech Business Overview
11.1.3 AspenTech Prescriptive Asset Management Solutions Introduction
11.1.4 AspenTech Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.1.5 AspenTech Recent Developments
11.2 ABB
11.2.1 ABB Company Details
11.2.2 ABB Business Overview
11.2.3 ABB Prescriptive Asset Management Solutions Introduction
11.2.4 ABB Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.2.5 ABB Recent Developments
11.3 SSG Insight
11.3.1 SSG Insight Company Details
11.3.2 SSG Insight Business Overview
11.3.3 SSG Insight Prescriptive Asset Management Solutions Introduction
11.3.4 SSG Insight Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.3.5 SSG Insight Recent Developments
11.4 Arcadis Gen Sheffield
11.4.1 Arcadis Gen Sheffield Company Details
11.4.2 Arcadis Gen Sheffield Business Overview
11.4.3 Arcadis Gen Sheffield Prescriptive Asset Management Solutions Introduction
11.4.4 Arcadis Gen Sheffield Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.4.5 Arcadis Gen Sheffield Recent Developments
11.5 PlantVision
11.5.1 PlantVision Company Details
11.5.2 PlantVision Business Overview
11.5.3 PlantVision Prescriptive Asset Management Solutions Introduction
11.5.4 PlantVision Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.5.5 PlantVision Recent Developments
11.6 Altran Americas
11.6.1 Altran Americas Company Details
11.6.2 Altran Americas Business Overview
11.6.3 Altran Americas Prescriptive Asset Management Solutions Introduction
11.6.4 Altran Americas Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.6.5 Altran Americas Recent Developments
11.7 IBM Corporation
11.7.1 IBM Corporation Company Details
11.7.2 IBM Corporation Business Overview
11.7.3 IBM Corporation Prescriptive Asset Management Solutions Introduction
11.7.4 IBM Corporation Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.7.5 IBM Corporation Recent Developments
11.8 Rockwell Automation
11.8.1 Rockwell Automation Company Details
11.8.2 Rockwell Automation Business Overview
11.8.3 Rockwell Automation Prescriptive Asset Management Solutions Introduction
11.8.4 Rockwell Automation Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.8.5 Rockwell Automation Recent Developments
11.9 SAP SE
11.9.1 SAP SE Company Details
11.9.2 SAP SE Business Overview
11.9.3 SAP SE Prescriptive Asset Management Solutions Introduction
11.9.4 SAP SE Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.9.5 SAP SE Recent Developments
11.10 Wipro
11.10.1 Wipro Company Details
11.10.2 Wipro Business Overview
11.10.3 Wipro Prescriptive Asset Management Solutions Introduction
11.10.4 Wipro Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.10.5 Wipro Recent Developments
11.11 eMaint
11.11.1 eMaint Company Details
11.11.2 eMaint Business Overview
11.11.3 eMaint Prescriptive Asset Management Solutions Introduction
11.11.4 eMaint Revenue in Prescriptive Asset Management Solutions Business (2018-2023)
11.11.5 eMaint Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
AspenTech
ABB
SSG Insight
Arcadis Gen Sheffield
PlantVision
Altran Americas
IBM Corporation
Rockwell Automation
SAP SE
Wipro
eMaint
听
听
*If Applicable.
