The global operational predictive maintenance market is further analyzed on the basis of geographical regions, including North America, Europe, Asia-Pacific, and Rest of the World. North America contributed the largest share in the global operational predictive maintenance market in 2018. This is attributed to increased spending by energy companies that are looking to improve operating costs and intensify profitability. Moreover, the region comprises key developers and market players of operational predictive maintenance such as IBM Corp. and Microsoft Corp., which are offering its services across various emerging industry verticals such as manufacturing and energy & utilities.
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