Global Plant Asset Management (Pam) Market 2026-2030

Global Plant Asset Management (Pam) Market 2026-2030

The global plant asset management (pam) market is forecasted to grow by USD 2993.6 mn during 2025-2030, accelerating at a CAGR of 8.3% during the forecast period. The report on the global plant asset management (pam) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by integration of cognitive computing and universal interoperability standards, regulatory compulsion toward environmental sustainability and resource efficiency, proliferation of cloud-native platforms and remote diagnostic capabilities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's global plant asset management (pam) market is segmented as below:

By Deployment

• Cloud
• On-premises

By End-User

• Power industry
• Pulp and paper industry
• Oil and gas industry
• Refining industry
• Others

By Component

• Software
• Services

Geography

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• The Netherlands
• APAC
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Middle East and Africa
• UAE
• South Africa
• Qatar
• South America
• Brazil
• Argentina
• Chile
• Rest of World (ROW)

This study identifies the integration of generative ai and predictive analytics in asset maintenance as one of the prime reasons driving the global plant asset management (pam) market growth during the next few years. Also, proliferation of edge computing and industrial iot infrastructure and adoption of digital twin technology for holistic asset lifecycle and management will lead to sizable demand in the market.

The report on the global plant asset management (pam) market covers the following areas:

• Global plant asset management (pam) market sizing
• Global plant asset management (pam) market forecast
• Global plant asset management (pam) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global plant asset management (pam) market vendors that include AB SKF, ABB Ltd., Aspen Technology Inc., AVEVA Group Plc, Dassault Systemes SE, Emerson Electric Co., Endress Hauser Grp Services, Hexagon AB, Hitachi Ltd., Honeywell International Inc., IBM Corp., IFS World Operations AB, Oracle Corp., Rockwell Automation Inc., SAP SE, Schneider Electric SE, Yokogawa Electric Corp.. Also, the global plant asset management (pam) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more