The global predictive maintenance market was valued at USD 7.85 billion in 2022 and is expected to reach USD 60.13 billion by 2030, expanding at a CAGR of 29.5% from 2023 to 2030. AI-enabled predictive maintenance solutions leverage IoT sensors and advanced analytics to minimize equipment failures, reduce downtime, lower operational costs, and improve asset longevity across multiple...
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