Fixed Asset Management Software Market Analysis 2026 By IBM Corporation, Infor, SAP ERP, Microsoft, Oracle, Sage Group, Aptean, MAINTENANCE CONNECTION, AN ACCRUENT COMPANY & Others

Global fixed asset management software market is expected to rise to an estimated value of USD 6.83 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. Rising demand for cost effective &comprehensive solutions and increasing security concern among enterprises are the factor fuelling the growth of this market.

This fixed asset management software report gives an absolute background analysis of the industry which includes an assessment of the parental market. The fixed asset management software market research report makes organizations pioneering whether it is large, medium or small for existing and sustaining in the market. This fixed asset management software market research report studies key opportunities in the market and influencing factors which is valuable for the businesses. The market analysis puts a light on various segments that are relied upon to witness the quickest business development amid the estimate forecast frame. CAGR levels for the market with respect to its rise or fall are estimated in the report for the forecast period of 2019 to 2026.

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Major Market Competitors/Players: Global Fixed Asset Management Software Market

Few of the major competitors currently working in the global fixed asset management software market are IBM Corporation, Infor, SAP ERP, Microsoft, Oracle, Sage Group, Aptean, MAINTENANCE CONNECTION, AN ACCRUENT COMPANY, IFS Solutions India Pvt.ltd, Acumatica, Inc., Fluke Corporation, AVEVA Group plc, Ramco Systems., ABB, Mainsaver, Inc. Zoho Corp., RCS Tech LLP, Xero Limited., Spine Technologies (I) Pvt. Ltd., Sensys Technologies Pvt Ltd., VIRMATI SOFTWARE & TELECOMMUNICATIONS LTD., Real Asset Management Plc and many more.

Market Drivers:

Increasing demand for efficient management is driving the market
Rising adoption of IoT based solution will also act as a driver for this market
Increasing occurrence of big data and analytics will also propel market
Surging prevalence of IoT systems and increasing awareness regarding the benefits of precautionary preservation is expected to positively affect the growth of the market

Market Restraints:

Lack of skilled and trained professionals will also restrain the market
Dearth of awareness about benefits of fixed asset management software will also hamper the market

Key Developments in the Market:

In September 2018, Net@Work announced that they have acquired IMS (Inventory Management Solutions). This acquisition will help the Net@work to expand their Net@Work’s Sage Fixed Assets Software (Sage FAS) practice and will also strengthen their position in the market. With this acquisition, the company will also get access to different technologies and services which will also help them to grow rapidly
In September 2017, MRI Software announced that they have acquired Real Asset Management so that they can expand their portfolio in asset management and provide better solution and services to their clients. This will also help the MRI clients to manage their accounting and also improve their compliance. This acquisition will strengthen their market position and help them to expand in other market as well

Competitive Analysis:

Global fixed asset management software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fixed asset management software market for global, Europe, North America, Asia-Pacific and South America.

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Segmentation: Global Fixed Asset Management Software Market

By Component

Software
Services

By Organization Type

Large Enterprises
Small and Medium-Sized Enterprises

By Deployment Type

On-Premises
Cloud

By Industry

Energy and Utilities
Manufacturing, IT
Telecom, and Media
Transportation and Logistics
Healthcare and Life Sciences

By Application

Accounting, Tax Management
Asset Tracking
Asset Management
Document Management
Others

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved

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