According to Verified Market Intelligence, the global asset integrity management market was valued at USD 17.53 billion in 2016 and is projected to reach USD 37.95 billion by 2025, growing at a CAGR of 8.96% from 2017 to 2025.
Asset Integrity Management comprises various processes that are essentially used for the functioning of the systems. It maintains as well as manage corporate assets effectively and to make sure they are safe, operationally efficient as well as reliable. There are several advantages of implementing asset management such as the improvement that the implementation will provide to the reliability of the instruments and devices used for the operation of the industry. The optimization as well as inspections that are provided which will ensure that the systems are running in a manner that meets business targets.
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