New ARC Research Reveals Growing Demand for Industrial Asset Reliability Software

New ARC Advisory Group research on the industrial Asset Reliability Software & Services market reveals that an increasing number of manufacturers are implementing industrial asset reliability solutions to gain competitive advantage. Increasingly, these industrial asset reliability solutions utilize Industrial IoT-connected smart sensors, analytics, and asset reliability software and services that support more effective predictive maintenance strategies.  This drives growth in the industrial asset reliability market.

According to Paula Hollywood, Senior Analyst at ARC Advisory Group and key author of ARC’s Asset Reliability Software & Services Global Market Research report: “Today’s reliability-centric, Industrial IoT-enabled solutions help manufacturers mitigate risk, optimize maintenance strategy and asset performance, reduce costs, and enhance safety. This should help to drive continued growth in the overall asset reliability software and services market.”

About the Asset Reliability Software & Services Research

This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the industrial asset reliability software & services market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by methodology, deployment, industry, revenue category, and sales channels.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

• Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.

• Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.