In 2023, the Southeast Asia computerized maintenance management systems (CMMS) market size reached a valuation of US$ 101.9 million. The market is expected to top a value of US$ 226.3 million by 2033. It is anticipated to elevate at an 8.3% CAGR from 2023 to 2033.
A computerized maintenance management system (CMMS) is a platform that helps to maintain information to facilitate maintenance operations. It aids in optimizing the consumption and accessibility of tangible machinery such as motor vehicles, equipment, interactions, and other assets. Cloud-based CMMS systems are gaining popularity in South East Asia, as they offer several advantages such as easy availability, wide scalability, and cost-effectiveness.
With increasing use of smartphones and tablets in South East Asia, mobile CMMS applications are gaining popularity. These allow maintenance workers to access and update maintenance data from anywhere. The computerized maintenance management systems market holds around 6% of the enterprise asset management market.
South East Asia has experienced rapid industrialization over the past few decades, leading to increasing number of manufacturing plants, power plants, and other industrial facilities. These facilities require regular maintenance and repair to keep them running efficiently. CMMS software can help streamline and manage these maintenance processes.
Businesses in South East Asia are also increasingly focused on improving their productivity and efficiency to remain competitive. CMMS software can help them achieve this goal by reducing downtime, improving equipment reliability, and streamlining maintenance processes.
Several countries in South East Asia have stringent regulations related to environmental protection and worker safety. CMMS software can help companies ensure that their equipment and facilities are in compliance with these regulations, reducing the risk of fines and other penalties.
CMMS software can help companies reduce maintenance costs by optimizing maintenance schedules, reducing downtime, and preventing breakdowns. It can lead to significant cost savings for businesses, which is particularly important in today's highly competitive business environment.
Numerous industrial facilities in the region are aging, and require more frequent maintenance to keep them running efficiently. CMMS software can help track the maintenance needs of aging equipment and facilities, and ensure that they are properly maintained and repaired.
| Attributes | Key Insights |
|---|---|
| South East Asia CMMS Market Estimated Size (2023E) | US$ 101.9 million |
| Projected Market Valuation (2033F) | US$ 226.3 million |
| Value-based CAGR (2023 to 2033) | 8.3% |
| Collective Value Share: Top 5 Vendors | 45% |
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South East Asia computerized maintenance management systems (CMMS) market witnessed a CAGR of 5.5% from 2018 to 2022. It is likely to exhibit a CAGR of 8.3% in the assessment period from 2023 to 2033.
A CMMS can aid in compliance with safety and regulatory standards. It can also support data-driven decision-making for maintenance and capital planning.
A CMMS is an essential tool for any organization looking to improve maintenance efficiency and maximize asset value. By automating maintenance tasks, a CMMS can also reduce the risk of human error and improve the accuracy of maintenance records. It can lead to better asset management and increased productivity in the end.
Top South East Asia CMMS Market Trends Listed by Future Market Insights (FMI):
Industries in Singapore to Adopt Asset and Maintenance Management Software to Reduce Downtime
Several industries in Singapore rely on complex equipment such as manufacturing machinery, shipping vessels, and aviation equipment to operate. A CMMS helps organizations to manage the maintenance and repair of their equipment. It further ensures that it operates at peak efficiency and minimizes downtime.
By using a CMMS, organizations can also track the performance of their equipment over time. It allows them to make data-driven decisions about when to replace or upgrade their assets. It can help a company’s unnecessary expenditure by avoiding costly breakdowns and extending the lifespan of their equipment.
Industries in Singapore are expanding their reach by using CMMS. It makes it easier for them to persevere in ongoing operations in an efficient manner. It would help Singapore to exhibit around 10.4% CAGR from 2023 to 2033.
Malaysia-based Firms to Demand Computerized Maintenance Software to Improve Productivity
CMMS can help organizations in Malaysia better manage their assets. It provides them with detailed information about their maintenance history, conditions, and lifecycle. By using this information, organizations can make data-driven decisions about when to repair or replace assets, which can help them maximize their return on investment.
CMMS can also help organizations track inventory and supplies, ensuring that they have the necessary parts and materials on hand to complete maintenance tasks. It can help reduce downtime and improve productivity. Maintenance teams are able to quickly access the parts they need without having to wait for orders to be fulfilled.
CMMS is a powerful tool that can help organizations in Malaysia streamline their maintenance operations, improve asset management, and ensure compliance with regulatory requirements. As more organizations recognize the benefits of adopting CMMS, it is becoming an increasingly popular solution in Malaysia's industrial landscape. Malaysia is projected to expand at a CAGR of 10.3% in the South East Asia computerized maintenance management system market through 2033.
Companies in Vietnam to Adopt CMMS for Manufacturing to Increase Asset Lifespan
Vietnam has been undergoing rapid industrialization over the past decade, which has resulted in growth of various manufacturing industries. There is hence a growing need for maintenance management solutions to keep up with maintenance needs of these industries.
There is now a greater awareness of the benefits of regular maintenance, which has led to increasing CMMS demand. Companies are realizing that implementing a CMMS can help reduce downtime, increase asset lifespan, and improve their productivity.
Adoption of technology in Vietnam is on the rise, and businesses are increasingly turning to software solutions to help manage their operations. There is a growing demand for CMMS solutions as businesses look to streamline their maintenance processes. The country is estimated to showcase a CAGR of 6.3% in the next ten years.
Principal Consultant
Energy & Utility Companies to Use Maintenance Management System Software to Prevent Equipment Failure
Based on industry, the energy & utilities sub-segment under infrastructure segment is estimated to remain at the forefront by 2033. Computerized maintenance management systems (CMMS) are widely used in South East Asia energy and utilities sector.
These are required to manage the maintenance of critical infrastructure such as power plants, transmission lines, and distribution networks. CMMS helps energy & utilities companies to optimize maintenance activities, reduce downtime, and improve equipment reliability.
One of the key benefits of using CMMS in this sector is that it enables companies to schedule preventive maintenance tasks based on criticality of the equipment. It further helps to reduce the risk of equipment failure and unplanned downtime.
CMMS also allows energy & utilities companies to track the performance of their equipment, identify potential problems, and schedule maintenance activities accordingly. It helps to minimize the total cost of ownership of equipment.
It identifies equipment that needs to be replaced or upgraded before it fails. The sub-segment had generated a market share of 41.2% in 2022.
Computerized Maintenance Software to Help Telecommunication Companies Support Service Delivery
Use of computerized maintenance management systems (CMMS) in the telecommunications industry is expected to drive growth in the market. The telecommunication industry relies heavily on a vast network of equipment and infrastructure to support the delivery of services such as voice, data, and video transmission. Efficient management of maintenance operations is hence critical to ensuring optimal network performance and reducing downtime.
CMMS software can help telecommunications companies in South East Asia manage their maintenance operations more effectively. It provides real-time insights into equipment performance.
It further helps in automating work order scheduling & tracking and enabling preventive maintenance. It can help to reduce downtime, improve equipment reliability, and extend the lifespan of assets, which can result in significant cost savings. The telecommunication industry sub-segment is projected to showcase a CAGR of 7.8% in the next ten years.
On-premise CMMS for Maintenance to Witness High Demand as Need for Customization Rises
On-premise CMMS software refers to software that is installed and runs on an organization's own servers or computers. It is in contrast to cloud-based CMMS software, which is hosted on remote servers and accessed via the internet. A few organizations might have security concerns about storing their maintenance data in the cloud.
On-premises CMMS software allows organizations to keep their data on their own servers, where they have complete control over its security. It also gives organizations more control over their maintenance data. They can choose when and how to back up the data and do not have to put about internet connectivity or cloud service disruptions.
On-premises CMMS software can further offer more control, customization, and security over their maintenance data. The service requires more upfront costs and ongoing maintenance compared to cloud-based solutions. On-premises services provide security and control over the maintenance management systems.
Such a software solution can often be customized to fit the specific needs of an individual company, providing a more tailored experience for users. The segment accounted for a considerable market share of 44.9% in 2022.
Medium-sized Enterprises to Use Low-cost CMMS Software to Track Work Orders
Medium-sized enterprises use CMMS to schedule preventive maintenance tasks such as inspections, lubrication, and cleaning. By scheduling maintenance tasks in advance, they can ensure that equipment is well maintained. It can further help to reduce downtime and extend the life of assets.
CMMS allows medium-sized enterprises to create, manage, and track work orders. It includes assigning tasks to specific maintenance staff, tracking the progress of work orders, and closing out completed work orders.
It further helps to ensure that maintenance activities are organized and completed on time. The segment is projected to generate a market share of 28.1% in 2023.
South East Asia CMMS market is getting highly competitive with a number of established players. These players offer a wide range of maintenance solutions such as preventive maintenance scheduling, work order management, and asset management.
Recent developments:
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| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | US$ 101.9 million |
| Projected Market Valuation (2033) | US$ 226.3 million |
| Value-based CAGR (2023 to 2033) | 8.3% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Value (US$ million) |
| Key Countries Covered | Singapore, Malaysia, Thailand, Philippines, Vietnam, Indonesia, Rest of South East Asia |
| Key Segments Covered | The solution, Enterprise Size, Industry, and Country |
| Key Companies Profiled | IBM Corporation; eMaint; MicroMain Corp; Infor; Maintenance Connection (Accruent); Hippo CMMS; Limble CMMS; Rockwell Automation (Fiix Inc.); UpKeep; Dude Solutions; Connecteam; Maintain X |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The target market is expected to reach a valuation of US$ 226.3 million by 2033.
Demand for computerized maintenance management systems is set to be driven by the need for inventory management and asset management.
Consulting services in terms of service type are projected to dominate the market for computerized maintenance management systems.
By industry, the manufacturing & resources segment is projected to exhibit relatively high growth in the market at a CAGR of 7.4% over the forecast period.
The market for computerized maintenance management systems exhibited steady growth at a CAGR of 5.5% from 2018 to 2022.
The market is valued at US$ 101.9 million in 2023.
IBM Corporation, eMaint, Infor, and MicroMain Corp are the key market players.
Malaysia is likely to expand at a rate of 10.3% CAGR through 2033.
From 2017 to 2022, the market registered a 5.5% CAGR.
Telecommunications is estimated to exhibit a 7.8% CAGR.
1. Executive Summary
1.1. Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Pricing Analysis
4.1. Pricing Analysis, by South East Asia CMMS
4.1.1. Subscription Pricing Model
4.1.2. Perpetual Licensing
4.2. Average Pricing Analysis Benchmark
5. Market Demand (Value in US$ million) Analysis 2018 to 2022 and forecast, 2023 to 2033
5.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022
5.2. Current and Future Market Value (US$ million) Projections, 2023 to 2033
5.2.1. Y-o-Y Growth Trend Analysis
5.2.2. Absolute $ Opportunity Analysis
6. Market Background
6.1. Macro-Economic Factors
6.2. Forecast Factors - Relevance & Impact
6.3. Value Chain
6.4. COVID-19 Crisis – Impact Assessment
6.4.1. Current Statistics
6.4.2. Short-Mid-Long-Term Outlook
6.4.3. Likely Rebound
6.5. Market Dynamics
6.5.1. Drivers
6.5.2. Restraints
6.5.3. Opportunities
7. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Solution
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ million) Analysis By Solution, 2018 to 2022
7.3. Current and Future Market Size (US$ million) Analysis and Forecast By Solution, 2023 to 2033
7.3.1. Computerized Maintenance Management Systems (CMMS) Software
7.3.1.1. Cloud-based
7.3.1.2. Web-based
7.3.1.3. On-premise
7.3.2. Services
7.3.2.1. Consulting Services
7.3.2.2. Integration & Implementation Services
7.3.2.3. Support & Maintenance
7.4. Market Attractiveness Analysis By Solution
8. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ million) Analysis By Industry, 2018 to 2022
8.3. Current and Future Market Size (US$ million) Analysis and Forecast By Industry, 2023 to 2033
8.3.1. Finance
8.3.1.1. Banking
8.3.1.2. Insurance
8.3.1.3. Investment/Securities
8.3.2. Manufacturing & Resources
8.3.2.1. Discrete Manufacturing
8.3.2.2. Process Manufacturing
8.3.2.3. Resource Industries
8.3.2.4. Agriculture
8.3.3. Distribution Services
8.3.3.1. Retail
8.3.3.2. Wholesales
8.3.3.3. Transportation/Logistics Services
8.3.3.4. Warehousing & Storage
8.3.3.5. Shipping
8.3.4. Services
8.3.4.1. IT/Professional Services
8.3.4.2. Consumer & Personal Services
8.3.4.3. Media, Entertainment & Publishing
8.3.4.4. Travel & Hospitality
8.3.4.5. Legal Services
8.3.4.6. Public Sector
8.3.5. Government (State/Central)
8.3.5.1. Education
8.3.5.2. Healthcare
8.3.5.3. Aerospace & Defense
8.3.5.4. Non-profit
8.3.6. Infrastructure
8.3.6.1. Telecommunication
8.3.6.2. Energy & Utilities
8.3.6.3. Building & Construction
8.4. Market Attractiveness Analysis By Industry
9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Enterprise Size
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ million) Analysis By Enterprise Size, 2018 to 2022
9.3. Current and Future Market Size (US$ million) Analysis and Forecast By Enterprise Size, 2023 to 2033
9.3.1. Small Office (1 to 9 Employees)
9.3.2. Small Enterprises (10 to 99 Employees)
9.3.3. Medium-sized Enterprise (100 to 499 Employees)
9.3.4. Large Enterprises (500 to 900 Employees)
9.3.5. Very Large Enterprises (1,000+ Employees)
9.4. Market Attractiveness Analysis By Enterprise Size
10. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ million) Analysis by Region, 2018 to 2022
10.3. Current and Future Market Size (US$ million) Analysis and Forecast by Region, 2023 to 2033
10.3.1. Singapore
10.3.2. Malaysia
10.3.3. Thailand
10.3.4. Philippines
10.3.5. Vietnam
10.3.6. Indonesia
10.3.7. Rest of South East Asia
10.4. Market Attractiveness Analysis by Country
11. Singapore Computerized Maintenance Management Systems (CMMS) Market Analysis 2018 to 2022 and Forecast 2023 to 2033
11.1. Introduction
11.2. Historical Market Size (US$ million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.3. Current and Future Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
11.3.1. By Solution
11.3.2. By Industry
11.3.3. By Enterprise Size
11.4. Market Attractiveness Analysis
11.4.1. By Solution
11.4.2. By Industry
11.4.3. By Enterprise Size
11.5. Market Trends
11.6. Key Market Participants - Intensity Mapping
12. Malaysia Computerized Maintenance Management Systems (CMMS) Market Analysis 2018 to 2022 and Forecast 2023 to 2033
12.1. Introduction
12.2. Historical Market Size (US$ million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.3. Current and Future Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
12.3.1. By Solution
12.3.2. By Industry
12.3.3. By Enterprise Size
12.4. Market Attractiveness Analysis
12.4.1. By Solution
12.4.2. By Industry
12.4.3. By Enterprise Size
13. Thailand Computerized Maintenance Management Systems (CMMS) Market Analysis 2018 to 2022 and Forecast 2023 to 2033
13.1. Introduction
13.2. Historical Market Size (US$ million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.3. Current and Future Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
13.3.1. By Solution
13.3.2. By Industry
13.3.3. By Enterprise Size
13.4. Market Attractiveness Analysis
13.4.1. By Solution
13.4.2. By Industry
13.4.3. By Enterprise Size
14. Philippines Computerized Maintenance Management Systems (CMMS) Market Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction
14.2. Historical Market Size (US$ million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.3. Current and Future Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
14.3.1. By Solution
14.3.2. By Industry
14.3.3. By Enterprise Size
14.4. Market Attractiveness Analysis
14.4.1. By Solution
14.4.2. By Industry
14.4.3. By Enterprise Size
15. Indonesia Computerized Maintenance Management Systems (CMMS) Market Analysis 2018 to 2022 and Forecast 2023 to 2033
15.1. Introduction
15.2. Historical Market Size (US$ million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.3. Current and Future Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
15.3.1. By Solution
15.3.2. By Industry
15.3.3. By Enterprise Size
15.4. Market Attractiveness Analysis
15.4.1. By Solution
15.4.2. By Industry
15.4.3. By Enterprise Size
16. Rest of the Market Analysis 2018 to 2022 and Forecast from 2023 to 2033
16.1. Introduction
16.2. Historical Market Size (US$ million) Trend Analysis By Market Taxonomy, 2018 to 2022
16.3. Current and Future Market Size (US$ million) Forecast By Market Taxonomy, 2023 to 2033
16.3.1. By Solution
16.3.2. By Industry
16.3.3. By Enterprise Size
16.4. Market Attractiveness Analysis
16.4.1. By Solution
16.4.2. By Industry
16.4.3. By Enterprise Size
16.4.4. By Country
17. Market Structure Analysis
17.1. Market Analysis by Tier of Companies
17.2. Market Share Analysis of Top Players
17.3. Market Presence Analysis
18. Competition Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Competition Deep Dive
18.3.1. IBM Corporation
18.3.1.1. Business Overview
18.3.1.2. Solution Portfolio
18.3.1.3. Profitability by Market Segments (Business Segments/Region)
18.3.1.4. Key Strategy & Developments
18.3.2. eMaint
18.3.2.1. Business Overview
18.3.2.2. Solution Portfolio
18.3.2.3. Profitability by Market Segments (Business Segments/Region)
18.3.2.4. Key Strategy & Developments
18.3.3. MicroMain Corp
18.3.3.1. Business Overview
18.3.3.2. Solution Portfolio
18.3.3.3. Profitability by Market Segments (Business Segments/Region)
18.3.3.4. Key Strategy & Developments
18.3.4. Infor
18.3.4.1. Business Overview
18.3.4.2. Solution Portfolio
18.3.4.3. Profitability by Market Segments (Business Segments/Region)
18.3.4.4. Key Strategy & Developments
18.3.5. Accruent
18.3.5.1. Business Overview
18.3.5.2. Solution Portfolio
18.3.5.3. Profitability by Market Segments (Business Segments/Region)
18.3.5.4. Key Strategy & Developments
18.3.6. Hippo CMMS
18.3.6.1. Business Overview
18.3.6.2. Solution Portfolio
18.3.6.3. Profitability by Market Segments (Business Segments/Region)
18.3.6.4. Key Strategy & Developments
18.3.7. Limble CMMS
18.3.7.1. Business Overview
18.3.7.2. Solution Portfolio
18.3.7.3. Profitability by Market Segments (Business Segments/Region)
18.3.7.4. Key Strategy & Developments
18.3.8. Rockwell Automation
18.3.8.1. Business Overview
18.3.8.2. Solution Portfolio
18.3.8.3. Profitability by Market Segments (Business Segments/Region)
18.3.8.4. Key Strategy & Developments
18.3.9. UpKeep
18.3.9.1. Business Overview
18.3.9.2. Solution Portfolio
18.3.9.3. Profitability by Market Segments (Business Segments/Region)
18.3.9.4. Key Strategy & Developments
18.3.10. Dude Solutions
18.3.10.1. Business Overview
18.3.10.2. Solution Portfolio
18.3.10.3. Profitability by Market Segments (Business Segments/Region)
18.3.10.4. Key Strategy & Developments
18.3.11. Connect team
18.3.11.1. Business Overview
18.3.11.2. Solution Portfolio
18.3.11.3. Profitability by Market Segments (Business Segments/Region)
18.3.11.4. Key Strategy & Developments
18.3.12. Maintain X
18.3.12.1. Business Overview
18.3.12.2. Solution Portfolio
18.3.12.3. Profitability by Market Segments (Business Segments/Region)
18.3.12.4. Key Strategy & Developments
19. Assumptions and Acronyms Used
20. Research Methodology
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South East Asia CMMS Market
