Plant Asset Management Market Is Expected to Grow at a CAGR of 10.7% Between 2016 and 2022
The global Plant Asset Management Market was valued at USD 3.91 Billion in 2015 and is expected to grow at a CAGR of 10.7% between 2016 and 2022. Factors such as increasing adoption of lean manufacturing practices and growing demand for cloud-based PAM solutions, real-time data analysis, and failure detection software are expected to drive the growth of the PAM market.
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