The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The growth of small enterprises is expected to drive the expansion of the computerized maintenance management system (CMMS) market in the coming years.

• Small Enterprises Fuel Market Expansion: These businesses require CMMS to mitigate risks and uncertainties associated with starting a business, aiding in tracking maintenance, scheduling preventive maintenance, managing inventory, tracking assets, and purchasing efficiently.
• Significance of Small Enterprises: In 2022, according to the Small Business Administration (SBA), there were 33.2 million small businesses in the US, constituting 99.9% of all businesses, underlining the pivotal role of small enterprises in driving CMMS market growth.
• Key Players in CMMS Market: Major companies such as Hippo CMMS, Limble CMMS, MicroMain Corporation, Fiix Inc., and others play a crucial role in catering to the needs of small enterprises.

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Technological Advancements Propel Innovation In The Computerized Maintenance Management System Market

Technological advancements are reshaping the landscape of the CMMS market, with companies adopting innovative solutions to stay competitive.

• Adoption of New Technologies: Major players are integrating new technologies to enhance their offerings. For example, Facilio, Inc., introduced a connected CMMS platform combining asset performance, client engagement, vendor management, workplace management, property maintenance, and IoT data.

TMA Systems Enhances Portfolio With Acquisition Of Maxpanda Technologies In The CMMS Market

In March 2023, TMA Systems bolstered its CMMS portfolio by acquiring Maxpanda Technologies, a move aimed at strengthening its position in maintenance management solutions.

• Strategic Acquisition: TMA Systems’ acquisition of Maxpanda Technologies underscores the company’s commitment to offering comprehensive maintenance solutions across all business sizes.

Segmentation of the Computerized Maintenance Management System Market

The CMMS market is segmented based on various factors, providing insights into its diverse applications and end-users.

1. Deployment Type:
   • Cloud
   • On-premise
2. Enterprise Size:
   • Large Enterprises
   • Small and Medium Enterprises (SMEs)
3. Application:
   • Asset Management
   • Workorder Management
   • Inventory Management
   • Preventive Maintenance
   • Other Applications
4. End-use:
   • Manufacturing
   • Facility Management
   • Healthcare
   • Education
   • Government
   • Other End Uses

North America Dominates the CMMS Market

In 2023, North America emerged as the leading region in the CMMS market, showcasing its prominence in the adoption and utilization of maintenance management solutions.

• Market Dominance: North America’s dominance highlights the region’s robust infrastructure and technological advancements conducive to the widespread adoption of CMMS.

As the CMMS market continues to expand, driven by factors such as technological advancements, the growth of small enterprises, and strategic acquisitions, it is poised to witness significant developments and innovations in the coming years. Major players will likely continue to invest in research and development to meet the evolving needs of various industries and capitalize on emerging opportunities in the market.

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The Computerized Maintenance Management System Global Market Report 2024 provides comprehensive insights on the computerized maintenance management system market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the computerized maintenance management system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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