PREVENTIVE MAINTENANCE SOFTWARE MARKET ANALYSIS
One of the recent trends that will pick up footing in the preventive maintenance software market in the forecasted years is the rising market of Internet of Things in preventive maintenance. According to Coherent Market Insights analysis in 2016, around 17.7 billion devices are installed or connected up from 15.4 billion and is predicted to reach up to 62 billion in 2024. Internet of Things helps to generate smart communication environment, for example, smart healthcare, smart transportation, smart homes, and smart cars. The expansion of smart connected devices has expanded because of the rise of internet of things. Smart connected devices incorporate portable imaging devices and navigation devices with cellular devise and these gadgets offers information about machines and their working conditions.
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