Global Enterprise Asset Management Market Size is estimated to expand rapidly in coming years, at a CAGR of 10.6 % from 2018 to 2025. In 2017, the global market valuation was USD 8.45 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Enterprise Asset Management (EAM) means the ideal lifecycle leadership method to manage a company's resources. In addition, the topics covered by EAM consist inter alia of manufacturing plant operations, design and decommissioning. Switching to a corporate asset management scheme reduces maintenance costs for businesses. Furthermore, EAM decreased manufacturing expenses, labor expenses, increased efficiency in servicing and a reduction in machinery breakdown. EAM solutions help business owners or companies with uptime, inventory maintenance, and strategic planning in simple terms. In addition, the alternative provides full exposure and monitoring over key company results, adherence and danger resources. Geographically, North America held the largest share in the global market of enterprise asset management.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global enterprise asset management market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global enterprise asset management market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Component Insights: On the basis of component, global enterprise asset management market has been segmented into software and solutions. The EAM industry is divided into asset management, inventory management, work order management, labor management, predictive maintenance, facility handling and reporting and evaluation on the basis of solutions. Due to the growing supply for advanced techniques such as AI and ML, device mistakes are predicted and prevented, and general maintenance costs are reduced, predictive maintenance alternatives will be the fastest-growing category on the industry.

By Organization Size Insights: On the basis of organization size, global enterprise asset management market has been segmented into SMEs and large enterprises. In comparison to the big businesses, the SME sector is anticipated to increase at a greater pace during the forecast period. In order to remain competitive in the market, SMEs can utilize mobility-based low-cost EAM solutions. In addition, small and medium-sized businesses with less economic power relative to big firms will need assistance from suppliers of business property leadership alternatives to enhance the use of their funds.

Regional Analysis

The enterprise asset management market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.

It is anticipated that North America will be the major region to adopt and develop EAM alternatives. The growing requirement for compliance with strict regulatory compliance increased the existence of EAM suppliers, and increased public aid are important considerations for market growth throughout the forecast period. The high supply of EAM products and facilities to improve asset life cycles and to decrease general maintenance costs is an important driving force in the market growth of APAC, leading from high spending in personal and government industries for the management of essential resources and machinery.

Global Enterprise Asset Management Market Size, Share Analysis by Region 2017

Global Enterprise Asset Management Market Study Objective

1. To forecast the market size of enterprise asset management market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of the enterprise asset management market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of enterprise asset management market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of enterprise asset management market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the enterprise asset management market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Oracle Corporation, IBM Corporation, SAP AG, IFS (Industrial and Financial Systems) AB, ABB Ltd, Invensys Ltd., Fujitsu Ltd., CGI Group Inc., AssetWorks LLC and Infor are some of the key players in the market of enterprise asset management.

Global Enterprise Asset Management Market Study Report Offer You!

The global enterprise asset management market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.