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Enterprise Asset Management Market Size, Status Segmentation, Demand, Growth, Trend, Opportunity and Forecast to 2027

Press release   •   Aug 16, 2019 10:25 IST

Enterprise Asset Management Market

Enterprise asset management (EAM) is defined as the optimal lifecycle management solution used to manage the assets of a company. The development and adoption of EAM has lowered the production costs, labor costs, enhanced the maintenance productivity as well as reduced the equipment breakdowns. These solutions aid the business owners or enterprises through inventory maintenance, uptime, and strategic planning.The significant drivers of enterprise asset management market are better tracking ability of assets in an organization and increased asset life of aging infrastructure. The mounting adoption of cloud-based solutions are creating opportunities which will increase the demand for enterprise asset management market in the forecast period. The market is likely to showcase opportunities for the untapped markets and growing awareness among the users.

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Some Of The Leading Players In Global Market: ABB Ltd, CGI Group, Inc., Dude Solutions, Inc., eMaint Enterprises, LLC, IBM Corporation, Infor, Oracle Corporation, SAP SE, Schneider Electric SA, Vesta Partners, LLC

The global enterprise asset management market is segmented on the basis of software application, deployment type, services, and industry verticals. Based software application, the market is segmented as Linear Assets, Non-Linear Assets, Asset Maintenance, Field Service Management, and Others. The deployment type is sub segmented into on-premises and cloud. On the basis of the services the market is segmented as professional and managed. Similarly, based on industry verticals, the market is segmented into Manufacturing, Transportation and Logistics, Oil and Gas, Healthcare, Energy and Utilities, and Others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global enterprise asset management market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The enterprise asset management market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting enterprise asset management market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the enterprise asset management market in these regions.

The reports cover key developments in the enterprise asset management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from enterprise asset management market are anticipated to lucrative growth opportunities in the future with the rising demand for security information and event management in the global market. Below mentioned is the list of few companies engaged in the enterprise asset management market. 

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