Global Vibration Monitoring Market By Deployment Forecast (2017-2023)

Year ON-PREMISE CLOUD
2017 $ 1265.2 $ 665.7
2018 $ 1349.4 $ 742.5
2019 $ 1440.8 $ 828.1
2020 $ 1540.9 $ 923.8
2021 $ 1649.6 $ 1030.5
2022 $ 1767.2 $ 1149.0
2023 $ 1878.7 $ 1297.8
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Global Vibration Monitoring Market By Deployment Forecast (2017-2023)

Synopsis
The above chart is Global Vibration Monitoring market [2017-2023] by Deployment

Market Dynamics

On premise segment accounted for the larger market share in the vibration monitoring market, and is expected to reach usd 1878.70 million in 2023 from usd 1265.20 million in 2017. however, cloud segment is the fastest growing market, which is expected to grow at a cagr of 11.82% during the forecast period 2018 - 2023.

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