Market Size And Forecast: Asset Performance Management Software 2019-2024
Sebastian Winter
Access this research
Access all Asset Performance Management Software content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
This report helps executives at asset performance management (APM) software vendors, current and prospective investors in the APM software market, as well as service providers active in the asset information management ecosystem to understand the future growth prospects of the APM software market. Based on a bottom-up analysis of vendor revenues and survey data from 284 interviews with customers, the study finds that the APM software market will grow from $2.3 billion in 2019 to $4.0 billion in 2024. To benefit from this growth vendors will need to develop connected asset health and worker safety data to provide a single view of operational safety, partner with systems integrators to deliver high-grade integration with current IT systems and crack the code on brownfield deployment.Market Size In 2019 Based On Bottom-Up Analysis Of APM Vendor Revenues
Global Spending On APM Software Will Hit $2.3 Billion 2019
Economic Trends And Digital Transformation Strategies Will Drive APM Software Growth
APM Software Market Will Reach $4.0 Billion In 2024
APM Vendors Need To Do Five Things To Exploit The Attractive Market Opportunity
Figure 2. 2019 APM Software Market Size By Industry
Figure 3. 2019 APM Software Market Share By Vendor Type
Figure 4. APM Software Market Forecast And CAGR For 2019-2024
Figure 5. APM Software Market Forecast By Region For 2019-2024
Figure 6. APM Software Market Forecast By Industry For 2019-2024
About the Authors
Sebastian Winter
Industry Analyst
Sebastian is an Industry Analyst in the Verdantix Operational Excellence practice. His research agenda covers digital twins for industrial facilities, asset management softwar...
David Metcalfe
CEO and Co-Founder
David is the CEO and co-founder of Verdantix, where he leads the firm’s strategic direction and client engagement. Since co-founding the firm in 2008, David has built a ...
View ProfileOther related content
Industrial firms around the world are being hammered by operational dislocations and disruptions. Labour shortages, supply chain chokepoints, fast-changing import tariffs, rapid sh...
Upcoming / 25 March, 2026
Industrial firms are rethinking their approach to process safety management (PSM) software. The Verdantix global survey of senior professionals reveals how buyers perceive leadin...
05 February, 2026
As firms move into 2026, industrial technology carries real momentum against a backdrop of supply chain uncertainty and geopolitical noise. This landscape has made industrial agili...
05 February, 2026
In December 2025, Verdantix published its annual industrial transformation survey. Against a backdrop of persistent cost pressures, workforce constraints and rising expectations ...
02 February, 2026
Episode 30 Global supply chains are under immense stress. Whether it’s a case of sanctioned goods and impure materials or unethical labour practices, the potential for hidden ri...
27 January, 2026
For years, industry practitioners have watched Boston Dynamics’s Atlas perform backflips and parkour. But beyond the viral clips, a question has loomed: when will robots like this ...
15 January, 2026