Market Size And Forecast: Operational Excellence Digital Services 2020-2025 (Global)
Victor Voulgaropoulos
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Executive Summary
This report helps executives at IT services, engineering and consulting firms, current and prospective investors, and enterprise software product suppliers active in the industrial asset and worker management ecosystem understand the forecast growth of the operational excellence digital services market. The Verdantix market size and forecast model is based on a bottom-up analysis of the revenues of 57 prominent operational excellence digital service providers, along with insights into customer demand from 259 interviews with the operations executives who participated in the 2020 Verdantix operational excellence global survey. Verdantix finds that the operational excellence digital services market will grow from $22.1 billion in 2020 to $29.9 billion in 2025, with a CAGR of 6.3%. To exploit the market opportunity, operational excellence digital service providers will need to build strong subject matter expertise, offer end-to-end digital projects and forge meaningful partnerships combining technology and industry knowledgeMarket Size Data Reflect The Revenues Of 57 Operational Excellence Digital Service Providers
The Operational Excellence Digital Services Market Was Worth $22.1 Billion In 2020
The Pandemic-Induced Economic Recession Is Driving Digital Acceleration
The Operational Excellence Digital Services Market Will Reach $29.9 Billion In 2025
Consultants Must Develop In Three Areas To Exploit Burgeoning Market Prospects
Figure 2. 2020 Operational Excellence Digital Service Providers Market Size By Region
Figure 3. 2020 Operational Excellence Digital Service Providers Market Size By Industry
Figure 4. 2020 Operational Excellence Digital Service Providers Market Size By Firm Category
Figure 5. Perception Of Firms Delivering Asset Management Digitization Projects
Figure 6. Impact Of COVID-19 And The Recession On Digitization Of Operational Excellence Initiatives
Figure 7. Operational Excellence (OpEx) Digital Service Providers Market Forecast And Year-on-Year (YoY) Growths For 2020-2025
Figure 8. Operational Excellence (OpEx) Digital Service Providers Market Forecast By Region For 2020-2025
Figure 9. Operational Excellence (OpEx) Digital Service Providers Market Forecast By Industry For 2020-2025
Figure 10. Perception Of Firms Delivering Asset Management Digitization Projects
About the Authors
Victor Voulgaropoulos
Senior Analyst
Victor is a Senior Analyst in the Verdantix Operational Excellence practice. His research agenda focuses on asset management solutions and their overlap with industrial risk m...
Malavika Tohani
Research Director
Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...
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