Asia-Pacific Asset Performance Management (APM) Market 2023 Driving Factors Forecast Research 2029

Asia-Pacific APM market is estimated to grow significantly during the forecast period. The market is majorly driven by the various pivotal factors including the increasing number of small and medium enterprises (SMEs) in emerging economies such as India, China, and other countries. Moreover, growing digitization coupled with increasing adoption of cloud-based APM solutions further provides ample opportunity to the market. Asia-Pacific APM market is further analyzed on the basis of deployment and industry.

Based on the deployment, the market is further classified into cloud-based and on-premises. The on-premises segment is projected to have a considerable share in the Asia-Pacific market. Energy and utilities, government and defense, manufacturing, transportation, and logistics industry mostly prefer on-premise APM solutions as this solution is more customizable as compared to cloud-based APM, thus, it fulfills the requirements of all end-users. Based on the industry, the Asia-Pacific APM market is further segmented into BFSI, retail, energy, and utility, healthcare, government, IT & telecom, and others. The IT & telecom segment is estimated to grow at a considerable CAGR during the forecast period. Based on geography, the Asia-Pacific APM market is further segregated into China, India, Japan, and the Rest of Asia-Pacific. Among, geography China is projected to have a considerable share in the Asia-Pacific APM market.

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Asia-Pacific APM Market – Segmentation

 By Deployment

  • Cloud-based
  • On-Premises

By Industry

  • BFSI
  • Energy & Utilities
  • Healthcare
  • Government
  • IT & Telecom
  • Others (Food & Beverages)

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By Region

  • China
  • India
  • Japan

Rest of Asia-Pacific

Company Profiles

  • ABB Ltd.
  • Bentley Systems, Inc.
  • General Electric Co.
  • IBM Corp.
  • Infor
  • Microsoft Corp.
  • Oracle Corp.
  • Rockwell Automation, Inc.
  • SAP SE
  • Siemens AG

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