Predictive Maintenance Market Forecast to Reach $47.8 Billion by 2029

added article IT, Cloud, Software and Technology

2024-11-05 07:10:54 -

The predictive maintenance market forecast is estimated to grow from USD 10.6 billion in 2024 to USD 47.8 billion in 2029, at a CAGR of 35.1% during the forecast period. The driving factors for the predictive maintenance market include the widespread adoption of emerging technologies like IoT sensors and data analytics, enabling real-time monitoring of equipment health. The integration of...

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