Press release
Indian Enterprise Asset Management Market Analysis, Size, Share, Forecast 2020 to 2026
Indian EAM market is estimated to grow significantly at a CAGR of around 14.5% during the forecast period. The market mainly driven due to rising industrialization, the increasing IT & telecom sector, huge demand for energy and power, government focus toward renewable energy, growth in healthcare facilities & medical tourism along with the growth in the generic drug manufacturing. In the Energy & Power sector, the country is one of the largest consumers all across the globe.Request a Free Sample of our Report on Indian Enterprise Asset Management Market: https://www.omrglobal.com/request-sample/indian-enterprise-asset-management-market
The oil imports of the country were near to $87 billion in 2017-18 as compared to $70 billion in 2016-17. Moreover, the government is also aiming to overshoot the target by installing 225 GW by 2022. Besides, the government has planned to establish a renewable energy capacity of 500 GW by 2030. Hence, a significant demand for asset management in the energy sector can be witnessed in the upcoming period in the country.
Indian EAM market is segmented on the basis of deployment and vertical. Based on deployment, the market is bifurcated into on-premise and cloud-based EAM solutions. Among these, on-premise EAM solutions held the highest market share in 2019. Energy and utilities, government and defense, manufacturing, transportation, and logistics industry mostly prefer on-premise EAM solutions as this solution is more customizable as compared to cloud-based EAM, thus, it fulfills the requirements of all end-users.
Further, on-premise EAM solutions may also be less vulnerable to global cyber threats as on-premise EAM set-up is support by experienced IT professionals, hence, the data security can be handled internally. Based on vertical, the market is segmented into BFSI, retail, energy and utility, healthcare, government, IT & telecom, and others (manufacturing, transportation, metal and mining, machinery, and construction).
A Full Report of Indian Enterprise Asset Management Market is Available at https://www.omrglobal.com/industry-reports/indian-enterprise-asset-management-market
Indian EAM Market Segmentation
By Deployment
• On-premises
• Cloud-Based
By Verticals
• Banking, Financial Services and Insurance (BFSI)
• Energy & Power
• Healthcare
• Government & Utilities
• IT & Telecom
• Others
Company Profiles
• ABB Ltd.
• ABS Group
• AVEVA Group PLC
• Carl International SA
• IFS AB
• IBM Corp.
• Microsoft Corp.
• Oracle Corp.
• SAP SE
• Ultimo Software Solutions BV
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-enterprise-asset-management-market
For More Information, Visit https://www.omrglobal.com/
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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