target audience: TECH SUPPLIER  Publication date: Jun 2024 - Document type: Market Forecast - Doc  Document number: # US51081424

Worldwide Asset Life-Cycle Management Applications Forecast, 2024–2028: Positive Economic Outlook and Generative AI to Drive Revenue Growth

By:  Brian O'Rourke Loading

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Table of Contents


  • IDC Market Forecast Figure

    • Figure: Worldwide Asset Life-Cycle Management Applications Revenue Snapshot

  • Executive Summary

  • Advice for Technology Suppliers

  • Market Forecast

    • Table: Worldwide Asset Life-Cycle Management Applications Revenue, 2023–2028: Current Currency and Constant Currency ($M)

    • Figure: Worldwide Asset Life-Cycle Management Applications Revenue Growth, 2023–2028: Current Currency and Constant Currency

    • Table: Worldwide Asset Life-Cycle Management Applications Revenue by Deployment Type, 2023–2028 ($M)

    • Figure: Worldwide Asset Life-Cycle Management Applications Revenue by Deployment Type, 2023–2028

    • Table: Worldwide Asset Life-Cycle Management Applications Revenue by Region, 2023–2028 ($M)

    • Figure: Worldwide Asset Life-Cycle Management Applications Revenue by Region, 2023 and 2028

  • Market Context

    • Drivers and Inhibitors

    • Drivers

    • Generative AI in Position to Impact Revenue

    • Better Economic Outlook Leads to More Software Investment

    • Increased Use of Drones and Robots

    • Inhibitors

    • Cybersecurity Is an Underrecognized Liability for ALM Public Cloud and SaaS Adoption

    • The Skills Shortage Is Likely to Remain

    • Significant Market Developments

    • Changes from Prior Forecast

    • Table: Worldwide Asset Life-Cycle Management Applications Revenue, 2019–2028: Comparison of June 2023 and June 2024 Forecasts ($M)

    • Figure: Worldwide Asset Life-Cycle Management Applications Revenue in Current Currency, 2019–2028: Comparison of June 2023 and June 2024 Forecasts

    • Figure: Worldwide Asset Life-Cycle Management Applications Revenue in Constant Currency, 2019–2028: Comparison of June 2023 and June 2024 Forecasts

  • Market Definition

  • Methodology

    • Historical and Forecast Market Values and Exchange Rates

    • Table: Exchange Rates, 2019–2028

  • Related Research