Predictive Maintenance Market Expands with Smart City Projects
The global predictive maintenance market size was valued at USD 7.85 billion in 2022 and is projected to reach USD 60.13 billion by 2030, growing at a CAGR of 29.5% from 2023 to 2030. AI-powered predictive maintenance leverages IoT hardware and analytics to prevent equipment failures, reduce downtime, minimize operational costs, and extend asset lifespans across a range of...
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