According to Statista, the global predictive maintenance market is expected to reach a size of 64.3 billion U.S. dollars by 2030. The growth of the market value as well as the number of predictive maintenance devices is explained by their ability to predict when industrial equipment or machinery may face failures and prevent them.
The rapid adoption of predictive maintenance, especially in terms of manufacturing, energy, and transportation projects, is also proved by 1NCE customers. Over 1,800 of them operate in the field of Industrial Automation, where predictive maintenance is an essential prerequisite. Additionally, an overwhelming 90% of customers from various sectors, including Utilities, Automotive, Logistics, Infrastructure, and Agriculture, are actively using IoT-enabled predictive maintenance for their equipment and systems.