Executive Summery
This report presents a detailed overview of the Enterprise Asset Management Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Enterprise Asset Management industry landscape.
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Enterprise Asset Management Market Statistics and Key Highlights
The Global Enterprise Asset Management Market size was valued at USD 4.4 billion in 2023 and is estimated to grow at a CAGR of around 10.8% during the forecast period, i.e., 2024-30.
- Enterprise Asset Management market shows steady growth
- Market size expanding due to rising industry demand
- Competitive landscape driven by tech and innovation
- Detailed segment-wise and geography wise share analysis
- Forecast reveals strong trends shaping future outlook
Key Player- Emerging Enterprise Asset Management Companies
- Add Company IBM
- SAP
- Oracle
- Hexagon
- IFS
- Hitachi Energy
- Intelligent Process Solutions
- Accruent
- Aveva
- Aptean
- Emaint
- CGI
- Upkeep
- Assetworks
- Ramco Systems
- Others
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Key Driver:
Rising Adoption of Cutting-Edge Technologies & Connected Devices – Internet penetration & smartphone accessibility have increased significantly during historical years. As per the statistics provided by the Data Reportal, in 2023, there were approximately 5.16 billion internet users across the globe, which is approximately 64.4% of the total world population. Similarly, smartphone accessibility across the globe has also increased. This proliferation of smart devices is creating a conducive environment for digital platforms & services. As a result, several organizations globally have shifted towards digital platforms & started offering their services via digital means. According to the BigCommerce Company, as of 2023, around 20% to 30% of organizations have moved to online platforms & around 60% of enterprises are planning to increase their online presence. Therefore, organizations are increasingly utilizing technology-based solutions to boost their online performance.
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Enterprise Asset Management Market Segmentation
By Offering
- Solutions- Market Size & Forecast 2019-2030, (USD Million)
- Services- Market Size & Forecast 2019-2030, (USD Million)
- Professional services- Market Size & Forecast 2019-2030, (USD Million)
- Planning & Consulting- Market Size & Forecast 2019-2030, (USD Million)
- Training & Education- Market Size & Forecast 2019-2030, (USD Million)
- Support & Maintenance- Market Size & Forecast 2019-2030, (USD Million)
- Managed Services- Market Size & Forecast 2019-2030, (USD Million)
By Application
- Asset Lifecycle Management- Market Size & Forecast 2019-2030, (USD Million)
- Inventory Management- Market Size & Forecast 2019-2030, (USD Million)
- Work order Management- Market Size & Forecast 2019-2030, (USD Million)
- Labour Management- Market Size & Forecast 2019-2030, (USD Million)
- Facility Management- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Deployment Model
- Cloud- Market Size & Forecast 2019-2030, (USD Million)
- On-premises- Market Size & Forecast 2019-2030, (USD Million)
By Organization Size
- Large Enterprises- Market Size & Forecast 2019-2030, (USD Million)
- SMEs- Market Size & Forecast 2019-2030, (USD Million)
By End User
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare & Life Sciences- Market Size & Forecast 2019-2030, (USD Million)
- Transportation & Logistics- Market Size & Forecast 2019-2030, (USD Million)
- Telecom- Market Size & Forecast 2019-2030, (USD Million)
- Government & Public Sector- Market Size & Forecast 2019-2030, (USD Million)
- Education- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is anticipated to dominate the Enterprise Asset Management Market.
Reasons to Buy This Report
- Gain comprehensive insights into current market trends and dynamics.
- Equip your business with data-driven strategies for informed decisions.
- Identify lucrative market opportunities and strategic growth areas.
- Analyze competitors to enhance your positioning in the market landscape.
- Understand geographical trends across diverse markets for better expansion strategies.
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