Predictive Maintenance Market Size, Growth Opportunities Estimated to be Experienced By 2030
The global predictive maintenance market size was valued at USD 7.85 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 29.5% from 2023 to 2030. Integrating AI and ML into predictive maintenance prevents unplanned downtime and asset failures. AI-based preventive maintenance solutions include IoT hardware components that connect physical assets and an advanced...
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