Impact of the Russian-Ukrainian War and COVID-19 on Industry and Future Projections until 2029: A Report on CAFM Software


The Expresswire, September 9, 2023 The report leading up to and following Covid are both included. The effects of the war between Russia and Ukraine and of COVID-19 on this sector will be analyzed and compiled in a final report.
Report (97 pages) The “Market for CAFM Software” is predicted to grow to tens of billions of dollars by 2029 from tens of millions in 2023, at a compound annual growth rate (CAGR) that surpasses all expectations between 2023 and 2029. This research provides the most up-to-date market data and trends for thorough business analysis and strategic decision making. This research report on the CAFM software market is intended to be helpful to all business owners, investors, and other stakeholders in the sector. Significant data on the worldwide CAFM software market and the factors influencing its annual growth are provided.
Markets are broken down by end-user industry (government, oil and gas, healthcare, logistics, manufacturing, public utilities and services, and retail, metal mining, and other sectors), by platform (iOS, Android, and the web), and by region (Asia-Pacific, North America, Europe, South America, the Middle East, and Africa).
From 2017 to 2022, the worldwide CAFM software market is projected to expand by a compound annual growth rate of between 5% and 8%. This market is predicted to be worth billions of dollars by 2029, growing at a CAGR of.
This 97-page report provides essential, exclusive statistics, data, information, trends, and perspectives on the competitive landscape in the global CAFM software market in 2023.
Who are some of the major players in the CAFM software market, and how intense is the competition in this space right now and projected through 2023?
Maintenance Connection, Fiix, Axxerion, MPulse, eMaint, ServiceChannel, IBM, IFS, ManagerPlus, Siveco, UpKeep, Dude Solutions, and Hippo are just some of the major manufacturers and key actors in the CAFM software market’s prospective report.
Attractive opportunities in the CAFM software market:
Between 2023 and 2029, the global market for CAFM software is projected to grow at a significant rate. The market is expanding steadily in 2022, and it is expected to continue expanding in the near future as a result of the increasing adoption of strategic moves by the industry’s major players.
This most recent study projects a considerable shift in the development of third-party replacement components for CAFM software in 2023 compared to the previous year.
The use of information technology to aid in the management of installations is known as computer-assisted installation administration. The primary focus is on providing information on the setup.
From 2017 to 2022, the global market for CAFM software is expected to grow at a CAGR of over 30%. This industry is projected to be worth billions of dollars by 2029, expanding at a CAGR of.
Market size, segment size (mostly covering product type, application, and geography), competitive landscape, current state, and future trends are the primary topics covered in this report. The report also includes countermeasures that businesses might implement to counteract the risks posed by COVID-19.
The product’s performance can be further optimized thanks to technological innovation and advancement, opening the door to a wider range of secondary market applications. Additional information necessary for full immersion in the CAFM software market is provided by analyses of customer preferences, market dynamics (drivers, barriers, opportunities), product launches, the effects of COVID-19, regional conflicts, and carbon neutrality.
One of the main factors driving the growth of the CAFM software market in the coming years is the increased focus on the research and development of therapeutic vaccines. In addition, there will be substantial demand in the market due to the expansion of disease diagnosis methods and the study of combined therapies.
COVID-19 / Global economic activity, including manufacturing, production, interruption, and financing, has been severely constrained as a result of the ongoing blockade.