The brisk development in industrialization triggers demand for integrated and centralized asset management solutions, leading to the expansion of the global asset management market over the forecast period. Enterprise asset management or EAM features such as maximizing profitability by growing an organization's asset lifecycle and reducing maintenance and procurement costs, create a large avenue for expanding the global enterprise asset management sector. Enterprise Asset Management Market Estimated to Reach at USD 4.87 Billion with 7.2% CAGR by 2027. The Report provides the industry overview with growth analysis, Enterprise Asset Management Market Size, Share and historical & futuristic cost, revenue, demand with forecast.
EAM technologies allow convergence of assets and business processes simpler for companies with improved monitoring capabilities, Which in effect generate demand for these platforms in various medium-sized to large enterprises. The inclination to adopt smart asset management solutions along with improving asset performance by reducing downtime fuel the growth of the global asset management market.
The implementation of enterprise asset management systems increases the usage and efficiency of assets resulting in a reduction in the cost of capital and asset-related operating costs, which provides momentum for enterprise asset management solutions in the global market. The global market for company asset management is expanding because of the increasing demand for EAM Because of its beneficial factors such as mobile inspection and calibration, monitoring of asset conditions, alignment with business strategies, improved project management and others.
The high cost of EAM solutions and lack of knowledge, however, are likely to hinder the growth of the global asset management market during the forecast period.
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Basis of component
Based on organization size
Small and medium-sized enterprises
Basis of deployment mode
Basis of application
Field service management.
Basis of vertical
IT and telecom
Transportation and logistics
Government and defense
Energy and utilities
North America, Europe, Asia Pacific and the rest of the world regional market for enterprise asset management are primarily covered in the global enterprise asset management market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level enterprise asset management markets are covered in the report. In Asia-Pacific (APAC) region, the country-level enterprise asset management markets covered are China, India, Japan, and others. The enterprise asset management market research report also covers the regional market for enterprise asset management spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The enterprise asset management market research report further explores other regional markets from the rest of the world including enterprise asset management markets of the Middle East and Africa. As per the global enterprise asset management market research report.
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High investments and lucrative opportunities across different industry verticals are expected to accelerate the enterprise asset management market growth worldwide. The global enterprise asset management market is set to witness challenges including concerns regarding privacy and data safety, however, companies in the enterprise asset management market will sustain the growth rate. The enterprise asset management market research report also offers company profiles of key players operating in the enterprise asset management market around the world. Additionally, the global enterprise asset management market report provides detailed analysis of the market based on primary and secondary research data collected from the enterprise asset management market’s key decision makers as well as stakeholders. The enterprise asset management market research report covers all such factors assisting companies in the enterprise asset management market to improve their plans and portfolio.
Top Key Players
SAP SE (Germany)
Mintek Mobile Data Solutions (U.S.)
IFS AB (Sweden)
Schneider Electric (France)
Ramco Systems (India)
Oracle Corporation (U.S.)
AssetWorks LLC (U.S.)
ABB Group (Switzerland)
** Trending Report of MRFR **
Table of Contents
Global Enterprise Asset Management Market Research Report 2022
– Enterprise Asset Management Market Overview
– Global Economic Impact on Industry
– Global Market Competition by Manufacturers
– Global Production, Revenue (Value) by Region
– Global Supply (Production), Consumption, Export, Import by Regions
– Global Production, Revenue (Value), Price
– Global Market Analysis by Deployment
– Manufacturing Cost Analysis
– Industrial Chain, Sourcing Strategy and Downstream Buyers
– Marketing SWOT Analysis, Strategy Analysis, Distributors/Traders
– Market Effect Factors Analysis
– Global Enterprise Asset Management Market Forecast