TechNavio's analysts forecast the Global Plant Asset Management market to reach US$3.35 billion by 2016. One of the key factors contributing to this market growth is the increasing need for cost reduction. The Global Plant Asset Management market has also been witnessing the development of application-specific solutions. However, the complexities involved in the installation process could pose a challenge to the growth of this market. TechNavio's report, the Global Plant Asset Management Mark
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