CMMS Software Market size shall reach a value of $1824.5 Million in 2027, growing with a CAGR of 9.79% during the forecast period of 2020 to 2027.

CMMS Software Market Growth and Trends

CMMS is a highly efficient management system that maintains the computer database of an organization’s data. The major reason this software is used in most businesses is because of its features like efficient maintenance practice and low cost accelerating the growth of the CMMS software. Also, CMMS facilitates functions like scheduling tasks, tracking work orders, external work requests, managing inventory, and audit and many more contributing to its market demand. CMMS helps in effective and efficient work management. It helps the workers to understand which machine would require maintenance, and know all about the inventory details thus allowing everything to be in an organized manner. CMMS helps you keep a record of the asset’s data, including date of purchase, warranty details, maintenance activities, and other related information thus helping in asset management increasing in the market demand. Most importantly it helps in assigning work jobs to all the technicians without any hassle allowing easy work order tracking.
CMMS software promotes high safety and helps to manage the permits within the system for easy access and sharing without any troubles. Also, it helps in easy labor resource management and easy work scheduling. The software helps in easy scheduling work orders and also sends reminders to assigned technicians to ensure on-time job completion. The above reasons are a major factor contributing to the increase in the CMMS software market demand and growth.
A couple of limitations to the market growth are the customization cost and the risk of data being compromised due to frequent transfer of data from the cloud.

Segmentation Analysis

CMMS Software Market Competition
Key companies operating in this industry are Accruent, eMaint, Dude Solutions, iOffice (iOffice (Hippo & ManagerPlus) & ManagerPlus), IBM, ServiceChannel, Fiix, UpKeep, Siveco, IFS, Spacewell, JDM Technology, MVP Plant, DPSI, MRI (Real Asset Management), FasTrak, FMX, Sierra, Orion IXL Bhd, Ultimo, JLL (JLL (Corrigo), EZOfficeInventory, CyberMetrics (FaciliWorks), Maxpanda, eWorkOrders, Ashcom Technologies, Landport and Megamation Systems.

Coverage Highlights
• CMMS Software Market Revenue Estimation and Forecast (2020 – 2027)
• Production Estimation and Forecast (2020 – 2027)
• Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis

CMMS Software Market Segmentation
Product Outlook (Revenue, USD Million, 2020 - 2027)
• Cloud Based CMMS Software
• On-Premises CMMS Software
Application Outlook (Revenue, USD Million, 2020 - 2027)
• Industrial & Manufacturing
• Property Management Firms
• Logistics & Retail
• Education & Government
• Healthcare and Others

Country (Revenue, USD Million, 2020 - 2027)
North America

• United States
• Canada
• Mexico

Asia-Pacific

• China
• Japan
• South Korea
• India
• Philippines
• Malaysia
• Australia
• Rest of Asia Pacific

Europe

• Italy
• Spain
• France
• UK
• Germany
• Belgium
• Netherlands
• Switzerland
• Russia
• Rest of Europe

South America

• Brazil
• Peru
• Chile
• Rest of South America

Middle East and Africa
• Iran
• Israel
• Saudi Arabia
• Turkey
• Africa

CMMS Software Market Companies
• Accruent
• eMaint
• Dude Solutions
• iOffice (iOffice (Hippo & ManagerPlus) & ManagerPlus)
• IBM
• ServiceChannel
• Fiix
• UpKeep
• Siveco
• IFS
• Spacewell
• JDM Technology
• MVP Plant
• DPSI
• MRI (Real Asset Management)
• FasTrak
• FMX
• Sierra
• Orion IXL Bhd
• Ultimo
• JLL (JLL (Corrigo)
• EZOfficeInventory
• CyberMetrics (FaciliWorks)
• Maxpanda
• eWorkOrders
• Ashcom Technologies
• Landport
• Megamation Systems