Enterprise Asset Management Market Growth Driven by Regulatory Compliance and Aging Infrastructure: Market Size and CAGR of 9.2% in 2025 Expected to Reach 13.3% in 2029

Rapid technological advancements and increasing regulatory demands are fueling a robust growth in the global enterprise asset management market.

What is the Projected Market Size of the Global Enterprise Asset Management Market and its Growth Rate?
The global enterprise asset management market is witnessing significant growth, credited to driving factors such as demand for regulatory compliance, aging infrastructure, cost optimization, among others.

• The market size grew from $6.71 billion in 2024 to an estimated $7.33 billion in 2025, yielding a CAGR of 9.2%.
• The expected market size by 2029 is $12.07 billion, with a projected CAGR of 13.3%, propelled by trends including digital twin technology, IoT integration, and cloud-based solutions.

What is Driving the Growth in the Enterprise Asset Management Market?
The rise in SaaS-based EAM solutions is significantly contributing to the growth of the enterprise asset management market. This cloud-based software service enables vendors to provide applications via a subscription-based model, effectively assisting in various aspects from performance management to regulatory compliances. Many businesses are shifting towards SaaS-based solutions over traditional on-premise solutions due to benefits such as faster implementation, lower costs, scalability, and integration.

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Who Are the Key Players Driving Enterprise Asset Management Market Growth?

• International Business Machines Corporation
• Oracle Corporation
• Schneider Electric SE
• Honeywell International Inc.
• SAP SE
• Asea Brown Boveri Ltd.
• Consultants to Government and Industry Incorporated
• Rockwell Automation Inc.
• Infor Inc.
• AVEVA Group plc

What Are The Key Trends In The Enterprise Asset Management Market?

• Digital Twin Technology
• Technological Advancements
• IoT Integration for Condition Monitoring
• Cloud-Based Exam Solutions

What Are The Segments Of The Global Enterprise Asset Management Market?

• By Development: On-Premise, Cloud
• By Application: Asset Lifecycle Management, Inventory Management, Work Order Management, Labor Management, Other Applications
• By Vertical: Energy And Utilities, Transportation And Logistics, Government And Public Sector, IT And Telecommunications, Manufacturing, Healthcare And Life Sciences, Education, Other Verticals

Which Region Leads The Enterprise Asset Management Market?
North America led the enterprise asset management market in 2024 by being the largest region. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period, with a substantial contribution from developing countries in these regions.

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What Is Covered In The Enterprise Asset Management Market Global Market Report?

- Market Size Analysis: Analyze the Enterprise Asset Management Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Enterprise Asset Management Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Enterprise Asset Management Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Enterprise Asset Management Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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