Enterprise Asset Management Market 2023 - Size, Growth Rate, Top Companies, Regional Outlook And Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Enterprise Asset Management Market Size, Growth Rate, And Forecast
The global enterprise asset management market size grew from $5.75 billion in 2022 to $6.39 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enterprise asset management market size is expected to grow to $9.68 billion in 2027 at a CAGR of 10.9%.

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Enterprise Asset Management Market Drivers
Rising demand for SaaS-based EAM solutions is driving the growth of the market. SaaS-based EAM services are a cloud bases software service that helps vendors provide applications via a subscription-based model. These solutions have become a basic fundamental in the technology world for dashboards, mobile apps, asset tracking, performance management, forecasting, and regulatory compliances. The customers are increasingly investing in SaaS-based solutions over the traditional on-premise solutions, owing to various factors such as reduced time to benefit, lower costs, scalability and integration, and others.

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Enterprise Asset Management Market Segments
1) By Development: On-Premise, Cloud

2) By Application: Asset Lifecycle Management, Inventory Management, Work Order Management, Labor Management, Other Applications

3) By Vertical: Energy And Utilities, Transportation And Logistics, Government And Public Sector, IT And Telecommunications, Manufacturing, Healthcare And Life Sciences, Education, Other Verticals

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the enterprise asset management market.

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Enterprise Asset Management Market Key Players
Major competitors in the enterprise asset management market include ABB Ltd., CGI Inc., IBM, Infor, Oracle, SAP, Schneider Electric SE, MRI Software LLC, Ramco Systems Limited, Rockwell Automation Inc.

The Business Research Company's "Global Enterprise Asset Management Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Enterprise Asset Management Market Include:
1. Executive Summary
2. Enterprise Asset Management Market Characteristics
3. Enterprise Asset Management Market Trends And Strategies
4. Enterprise Asset Management Market - Macro Economic Scenario
5. Enterprise Asset Management Market Size And Growth
.....
26. Africa Enterprise Asset Management Market
27. Enterprise Asset Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enterprise Asset Management Market
29. Enterprise Asset Management Market Future Outlook and Potential Analysis
30. Appendix

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