Enterprise Asset Management Market Size - Industry Share Report 2022

Enterprise Asset Management Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.

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The EAM market size is expected to grow from USD 3.44 billion in 2017 to USD 6.05 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.9%. The increased asset of life aging infrastructure, reduced maintenance and procurement costs, increased tracking ability of assets in an organization, and improved return on assets have led to the adoption of EAM. Lack of awareness about the benefits of deploying EAM solutions is one of the restraints for the EAM market.

The energy and utilities industry is expected to grow at the highest CAGR during the forecast period. EAM solutions are largely deployed in the energy and utilities industry. These solutions help address operational challenges, such as inspections, and wear and tear monitoring, and offer preventive maintenance and usage monitoring. Assets such as power stations, gas pipelines, and electricity cables are the livelihood of the utilities sector. EAM solutions also help maximize the Returns on Investment (RoI) by providing solutions in every step of the asset lifecycle. Integration with customer information systems gives the utilities sector a complete view of asset performance and usage history by performing the utility rate analysis. In this analysis, activities with maximum impact on costs are identified. The main reason for deploying EAM solutions in the energy and utilities industry is the increasing regulatory-driven operational requirements and civil penalties.

Break-up of profile of primary participants is as follows:

• By Company: Tier 1 – 17%, Tier 2 – 47%, and Tier 3 – 36%
• By Designation: C-level – 64%, Manager level – 30%, and Others– 6%
• By Region: North America – 68%, Europe – 12%, APAC – 9%, MEA – 7%, and Latin America – 4%

Key Points From Table Of Content:

12 Competitive Landscape

12.1 Microquadrant Overview
12.1.1 Visionary Leaders
12.1.2 Innovators
12.1.3 Dynamic Differentiators
12.1.4 Emerging Companies
12.2 Competitive Benchmarking
12.2.1 Business Strategies Adopted By the Major Players in the Enterprise Asset Management Market (25 Players)
12.2.2 Analysis of Product Portfolio of the Major Players in the Enterprise Asset Management Market (25 Players)

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13 Company Profiles

13.1 IFS AB
13.1.1 Overview
13.1.2 Product Offering Scorecard
13.1.3 Business Strategy Scorecard
13.1.4 Recent Developments

13.2 Oracle Corporation
13.2.1 Overview
13.2.2 Product Offering Scorecard
13.2.3 Business Strategy Scorecard
13.2.4 Recent Developments

13.3 SAP SE
13.3.1 Overview
13.3.2 Product Offering Scorecard
13.3.3 Business Strategy Scorecard
13.3.4 Recent Developments

13.4 International Business Machines Corporation
13.4.1 Overview
13.4.2 Product Offering Scorecard
13.4.3 Business Strategy Scorecard
13.4.4 Recent Developments

13.5 ABB Ltd
13.5.1 Overview
13.5.2 Product Offering Scorecard
13.5.3 Business Strategy Scorecard
13.5.4 Recent Developments

13.6 CGI Group, Inc.
13.7 Schneider Electric Sa
13.8 Infor
13.9 Vesta Partners, LLC
13.10 Emaint
13.11 Ramco Systems
13.12 Dude Solutions, Inc.

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