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The global asset performance management market size is anticipated to reach USD 24,401.62 million, by 2025, and is projected to grow at a CAGR of 9.15% from 2019 to 2025, according to a new report by Million Insights.
Asset management solutions offer optimized performance and reduce operational costs.
Moreover, it helps in tracking the performance of heavy equipment, turbine engines and machinery in industrial operations.
Increasing usage of these solutions in manufacturing, energy and utilities, mining, and transportation sector is contributing to market growth.
Energy and utilities vertical held the highest market share in 2018.
This growth is constituted by the increasing adoption of asset management tools in the energy sector to manage their assets.
At the time when we receive our first corporate ID and badge, we all have that dream to move up within the organization.
But most of the time, opportunities are not handed to us via Amazon Prime; we have to create opportunities for ourselves to climb the ladder of success.
This means hustling day and night and sometimes moving laterally to get a better position for growth and development