Uploaded on Dec 3, 2020
Computerized Maintenance Management System Industry growth analysis and key business strategies 2027
Computerized Maintenance Management System Industry growth analysis and key business strategies 2027
Computerized Maintenance Management System Industry growth analysis and key business
strategies 2027
Market Overview
CMMS stands for Computerized Maintenance Management System, which is specially designed software
that maintains all the information related to maintenance operations such as scheduled maintenance and
work orders, to parts inventory and purchasing functions of an organization (maintenance management).
Computerized maintenance management system stores asset information such as model or serial
number, location, downtime statistics, associated documents, repair manuals, and safety procedures. In
addition to this, CMMS software stores information related to work order management such as work
order number, order type, and description of work order, which further helps an organization to
effectively manage all the assets.
Increasing requirement of a centralized platform for managing all the tasks of organizations related to
assets is expected to boost demand for computerized maintenance management systems over the
forecast period. Computerized maintenance management system increases asset visibility by centrally
managing all the information of all the assets, workflow visibility through dashboards, automating
manual tasks such as ordering parts, replenishing MRO inventory, scheduling shifts, and compiling
information.
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Market Dynamics
On the basis of region, the global computerized maintenance management system market is segmented
into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
In 2018, the North America region accounted for the largest share in the Computerized Maintenance
Management System market, and is expected to retain its dominant position in the market over the
forecast period. This is owing to increasing adoption of computerized maintenance management system
by various sectors such as oil and gas, transport and logistic, power and utility, construction,
manufacturing, and healthcare in the region. Moreover, high presence of number of logistic companies in
the U.S., which includes XPO Logistics Inc., UPS Supply Chain Solutions, DHL Supply Chain, C.H. Robinson
Worldwide, Expeditors International of Washington, J.B. Hunt Transport Services, C.H. Robinson
Worldwide, and others is expected to be one of the major factors that is driving growth of the market in
the region.
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Some of the key players operating in the global computerized maintenance management system market
include Fiix Inc, Fracttal, Hippo CMMS, IBM, Idox plc, Limble Solutions, LLC, ManagerPlus, ManWinWin,
MATE PCS, Smartsheet Inc., UpKeep Maintenance Management, and others.
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