Preventive maintenance refers to regular, routine maintenance to help keep equipment up and running, preventing any unplanned downtime and expensive costs from unanticipated equipment failure. It requires careful planning and scheduling of maintenance on equipment before there is an actual problem as well as keeping accurate records of past inspections and servicing reports. Preventive management can be very complex, especially for companies with a lot of equipment. For this reason, many companies rely on preventive maintenance software to help organize and carry out all their preventive maintenance needs.
The USA takes the market share of 43% in 2018, followed by Europe with 28%.

Market Analysis and Insights: Global Preventive Maintenance Software Market
The research report studies the Preventive Maintenance Software market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Preventive Maintenance Software market size is projected to reach US$ 1503.9 million by 2026, from US$ 786.9 million in 2020, at a CAGR of 11.4% during 2021-2026.

Global Preventive Maintenance Software Scope and Segment
The global Preventive Maintenance Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Preventive Maintenance Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

Segment by Type, the Preventive Maintenance Software market is segmented into
On-premises
Cloud-based
The segment of cloud-based holds a comparatively larger share in global market, which accounts for about 69%.

Segment by Application, the Preventive Maintenance Software market is segmented into
BFSI
Hospital
Factory
Logistics
Others
The factory holds an important share in terms of applications, and accounts for 63% of the market share.

Global Preventive Maintenance Software market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The major vendors covered:
Maintenance Connection
EMaint
Hippo
Mpulse
ManagerPlus
Software AG
Infor
SAP
IBM
Oracle
IQMS
Building Engines
GE
Dude Solutions