Asset Reliability Software & Services

Publish Date

This Asset Reliability Software & Services market research study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and a select group of countries.

IIoT Is Reshaping Asset Reliability Solutions

The impact of IIoT on asset performance management is rapidly reshaping how assets are managed.  IIoT enables the ability to manage individual assets, systems of assets, systems of systems, and new whole classes of assets.  This is being driven in part by the availability and broad usefulness of machine learning technologies and technologies capable of dealing with massive amounts of data, and by the availability of modern cloud application platforms.   It will play a role in every company’s product and service offerings and can disrupt or transform businesses and entire industries.

The link between asset performance management and IIoT has spurred a flurry of supplier consolidations.  New strategic alliances abound as suppliers look to increase capabilities using IIoT ecosystems. 

Asset reliability solutions, also known as asset performance management (APM) solutions, enable manufacturers to consistently achieve higher levels of operational efficiency and safety by balancing costs and risk to optimize safety and benefits. 

Asset Reliability Software & Services Strategic IssuesAsset Reliability Software mira-workbook-pam-300px.jpg

Solution creep from tangential solutions, such as enterprise asset management, is creating confusion in the asset reliability market, spurring questions such as:

  • How will predictive maintenance impact reliability solutions?
  • How will machine learning and analytics impact reliability software?
  • What impact does APM maturity have on level of sales call?

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Asset Reliability Software & Services Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
China No No
India No No

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

​Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • End User Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Software
    • Services
  • Market Shares by Software Type
    • Stand-alone
    • Multi-client
  • Market Shares by Service Type
    • Reliability Strategy and Planning
    • Implementation
    • Training
    • Software Support, Maintenance, and Upgrades
  • Market Shares by Industry
    • Aerospace & Defense
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Transportation
    • Water & Wastewater
  • Market Shares by Reliability Methodology
    • Instrument Calibration Management
    • Integrity Management
    • Lifecycle Costing
    • Master Data Management
    • Preventative Maintenance
    • Qualitative Reliability-Centered Maintenance
    • Regulatory Integrity Level Analysis
    • Reliability Analysis
    • Reliability, Availability, and Maintainability
    • Risk-Based Maintenance
    • Root Cause Analysis
    • Spares and Inventory Management
  • Market Shares by Software Deployment Type
    • Hosted
    • On Demand
    • On Site
  • Market Shares by Sales Channel

Market Forecasts and Histories

  • Total Asset Reliability Software & Services Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Software
    • Services
  • Software Revenues by Type
    • Stand-alone
    • Multi-client
  • Service Revenues by Type
    • Reliability Strategy and Planning
    • Implementation
    • Training
    • Software Support, Maintenance, and Upgrades
  • Shipments by Industry
    • Aerospace & Defense
    • Chemical
    • Electric Power Generation
    • Electric Power T&D
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Transportation
    • Water & Wastewater
  • Shipments by Reliability Methodology
    • Instrument Calibration Management
    • Integrity Management
    • Lifecycle Costing
    • Master Data Management
    • Preventative Maintenance
    • Qualitative Reliability-Centered Maintenance
    • Regulatory Integrity Level Analysis
    • Reliability Analysis
    • Reliability, Availability, and Maintainability
    • Risk-Based Maintenance
    • Root Cause Analysis
    • Spares and Inventory Management
  • Software Revenues by Deployment
    • Hosted
    • On Demand
    • On Site
  • Shipments by Sales Channel

Industry Participants

The research identifies relevant suppliers serving this market.

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecasts and Histories 

  • Market Forecast and History by Country
  • Market Forecast and History by Industry

Industry Participants

List of countries included in each region: MIRA-Country

Country Research Focus Areas

Please contact us for the countries available for this study.