European asset performance management (APM) market is projected to grow at a significant CAGR during the forecast period (2020-2026). Factors contributing to the growth of the market in Europe include well-developed IT infrastructure, high adoption of cloud-based APM software among enterprises. The major factor that mainly propels the growth of the market in the region includes the rising demand for analytics and APM solutions in the energy & utility sector coupled with growth in the asset in the utility providers in the region. Moreover, Oracle Corp., Microsoft Corp., IBM Corp. are the global APM players and also operate in the region.
(Get 15% Discount on Buying this Report)
A full report of European APM Market is available at: https://www.omrglobal.com/industry-reports/europe-asset-performance-management-apm-market
Moreover, various market players in the market are expanding their presence in the region. Microsoft Corp., the US-based company is one of the major players in the APM market globally. In September 2016, the company started to provide Microsoft Cloud Germany. It is a special cloud solution offered by the company in the country to create more opportunities for innovation and economic growth in the country. The company had developed new data centers in Magdeburg and Frankfurt, which is managed by T-Systems International, a German-based company. Through this, the company is planning to tap the increasing number of enterprises by offering its innovative cloud solutions, including the APM solution.
Market Coverage
- Study Period- 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segments Covered- By Deployment and by Industry
- Regions Covered- UK, Germany, France, Italy, Spain and the Rest of Europe
- Key Companies Profiled- ABB Ltd., AVEVA Group plc, IBM Corp., Intelligent Process Solutions GmbH, SAP SE, Siemens AG, and others
Key Questions Addressed by the Report
- What is the market growth rate during the forecast period?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market during the forecast period?
- How will COVID-19 impact the market growth in 2020 and the coming years?
- Recovery Timeline
- Deviation from the pre-COVID forecast.
- Most affected region/segment
- Recommendations
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
European APM Market – Segmentation
By deployment
- Cloud-based
- On-Premises
By Industry
- BFSI
- Energy & Utilities
- Healthcare
- Government
- IT & Telecom
- Others (Food & Beverages)
This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.
