Maintenance analytics to generate US$24.7 billion in 2019, says ABI Research

Revenues from maintenance analytics will total US$9.1 billion in 2014. Following a CAGR of 22%, the market's size will reach US$24.7 billion in 2019, driven largely by adoption of predictive analytics and M2M connectivity. While the more advanced forms of maintenance, predictive and prescriptive, still account for just 23% of the 2014 market, at the end of the forecast period they will collectively represent 60% of all revenues, according to ABI Research.



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