ICT

Enterprise Asset Management Market Size to Rake USD 10.6 Bn By 2030

The global enterprise asset management market size accounted for US$ 3.9 billion in 2021 and is projected to reach around USD 10.6 billion by 2030, growing at a CAGR of 11.75% from 2022 to 2030.

Enterprise Asset Management Market Size, Forecast Statistics 2022-2030 (USD Billion)

Enterprise Asset Management Market Key Takeaways:

  • Asia-Pacific is expected to grow at a CAGR of 14.8% from 2022 to 2030.
  • By component, the solution segment contributed highest revenue share 62% in 2021.
  • North America region has garnered revenue share of over 31.5% in 2021.
  • The cloud segment is expected to grow at a CAGR of 14.5% from 2022 to 2030.
  • The services segment is growing at a CAGR of 13.9% between 2022 to 2030.

Report Summary

The global enterprise asset management market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations. Global enterprise asset management market study covered in the report spans a forecast period from 2022 to 2030.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the enterprise asset management market across the globe.

A comprehensive estimate on the enterprise asset management market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of enterprise asset management during the forecast period. Price point comparison by region with global average price is also considered in the study

Enterprise Asset Management Market Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized enterprise asset management market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Report Scope of the Enterprise Asset Management Market

Report CoverageDetails
Market Size in 2022USD 4.36 Billion
Market Size by 2030USD 10.6 Billion
Growth Rate from 2022 to 2030CAGR of 11.75%
Base Year2021
Forecast Period2022 to 2030
Segments CoveredComponent, Application, Organization, Deployment, End User, and Geography

Also Read: IoT Battery Market Holds US$ 22.7B Potential

Enterprise Asset Management Market Dynamics:

Drivers:: Increase the Need for Cloud-Based EAM Solutions between Businesses

Enterprise asset management market systems are used by many companies worldwide to improve job productivity, streamline processes, improve corporate performance, and manage resources. In addition, cloud-based business asset management software and services are used to enhance critical business assets and obtain business statistics for decision-making. In addition, these solutions allow businesses to save money on overheads

. Moreover, cloud-based business asset management systems provide superior technical support and services, such as managed services with integrated error correction and performance monitoring tools. In addition, it reduces the additional costs required to acquire businesses in asset management. Therefore, the increasing demand for cloud-based enterprise asset management market (EAM) solutions for businesses drives the growth of the business asset management sector.

Increased Use of IoT Platforms and Devices to Manage Business Assets

The enterprise asset management market is undergoing a significant transformation with the advent of new and innovative technologies. The source of the Industrial Internet of Things (IoT) has increased the need for enterprise asset management market programs. IoT assists with monitoring and retrieving data from remote sites. This data is useful when combined with enterprise asset management market (EAM) programs as it helps understand comprehensible information.

The growth of IoT deployments on smartphones and laptops increases the use of IoT-based applications. This integration with EAM provides performance identification and conversion control. It plays a vital role in the development of smart cities. Smart cities monitor the conditions of all import infrastructure. Growing accuracy in data analysis, decision-making improvements, and asset management results are among the significant factors driving the growing demand for business asset management across all regions.

Enterprise Asset Management Market Players

The report includes the profiles of key enterprise asset management market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area are:

  • IBM (US)
  • SAP (Germany)
  • Oracle (US)
  • Infor (US)
  • IFS (Sweden)
  • ABB (Switzerland)
  • CGI (Canada)
  • Rfgen Software (US)
  • Assetworks (US)
  • Ultimo Software Solutions (UK)
  • UpKeep (US)
  • Asset Panda (US)
  • EZOfficeInventory (US)
  • Intelligent Process Solutions (Germany)
  • Maintenance Connection (US)
  • Aveva (UK)
  • Aptean (US)
  • Emanit (US)
  • EZMaintain.com (US)
  • Pazo (India)
  • Asset Infinity (India)
  • KloudGin (US)
  • Fracttal (Chile)
  • InnoMaint Software (India)
  • Aladinme (UAE)
  • Limble (US)
  • Redlist (US)
  • TrackX (US)
  • Cheqroom (Belgium)
  • The Asset Guardian (Canada)
  • GoCodes (US)

Market Segmentation

By Component

  • Solutions
    • Asset Lifecycle Management
    • Predictive Maintenance
    • Work Order Management
    • Labor Management
    • Facility Management
    • Inventory Management
  • Services
    • Professional Service
    • Managed Service

By Application

  • Asset lifecycle management
  • Labor management
  • Inventory management
  • Predictive maintenance
  • Work order management
  • Others

By Organization

  • Large enterprises
  • Small and medium enterprises

By Deployment

  • Cloud
  • On premises

By End User

  • Healthcare
  • Energy and utilities
  • Government and defense
  • Automotive and transportation
  • Manufacturing
  • Retail
  • IT and telecom
  • BFSI

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Why should you invest in this report?

If you are aiming to enter the global enterprise asset management market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for enterprise asset management are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Enterprise Asset Management Market 

5.1. COVID-19 Landscape: Enterprise Asset Management Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Enterprise Asset Management Market, By Component

8.1. Enterprise Asset Management Market, by Component, 2022-2030

8.1.1. Solutions

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Services

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Enterprise Asset Management Market, By Application

9.1. Enterprise Asset Management Market, by Application, 2022-2030

9.1.1. Asset lifecycle management

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Labor management

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Inventory management

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Predictive maintenance

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Work order management

9.1.5.1. Market Revenue and Forecast (2017-2030)

9.1.6. Others

9.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Enterprise Asset Management Market, By Organization 

10.1. Enterprise Asset Management Market, by Organization, 2022-2030

10.1.1. Large enterprises

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Small and medium enterprises

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Enterprise Asset Management Market, By Deployment

11.1. Enterprise Asset Management Market, by Deployment, 2022-2030

11.1.1. Cloud

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. On premises

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Enterprise Asset Management Market, By End User

12.1. Enterprise Asset Management Market, by End User, 2022-2030

12.1.1. Healthcare

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Energy and utilities

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. Government and defense

12.1.3.1. Market Revenue and Forecast (2017-2030)

12.1.4. Automotive and transportation

12.1.4.1. Market Revenue and Forecast (2017-2030)

12.1.5. Manufacturing

12.1.5.1. Market Revenue and Forecast (2017-2030)

12.1.6. Retail

12.1.6.1. Market Revenue and Forecast (2017-2030)

12.1.7. IT and telecom

12.1.7.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Enterprise Asset Management Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Component (2017-2030)

13.1.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.3. Market Revenue and Forecast, by Organization (2017-2030)

13.1.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.1.5. Market Revenue and Forecast, by End User (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Component (2017-2030)

13.1.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Organization (2017-2030)

13.1.6.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.1.6.5. Market Revenue and Forecast, by End User (2017-2030)

13.1.7. Rest of North America

13.1.7.1. Market Revenue and Forecast, by Component (2017-2030)

13.1.7.2. Market Revenue and Forecast, by Application (2017-2030)

13.1.7.3. Market Revenue and Forecast, by Organization (2017-2030)

13.1.7.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.1.7.5. Market Revenue and Forecast, by End User (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Component (2017-2030)

13.2.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.3. Market Revenue and Forecast, by Organization (2017-2030)

13.2.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.2.5. Market Revenue and Forecast, by End User (2017-2030)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Component (2017-2030)

13.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Organization (2017-2030)

13.2.7. Market Revenue and Forecast, by Deployment (2017-2030)

13.2.8. Market Revenue and Forecast, by End User (2017-2030)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Component (2017-2030)

13.2.9.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Organization (2017-2030)

13.2.10. Market Revenue and Forecast, by Deployment (2017-2030)

13.2.11. Market Revenue and Forecast, by End User (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Component (2017-2030)

13.2.12.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Organization (2017-2030)

13.2.12.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.2.13. Market Revenue and Forecast, by End User (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Component (2017-2030)

13.2.14.2. Market Revenue and Forecast, by Application (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Organization (2017-2030)

13.2.14.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.2.15. Market Revenue and Forecast, by End User (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Component (2017-2030)

13.3.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.3. Market Revenue and Forecast, by Organization (2017-2030)

13.3.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.3.5. Market Revenue and Forecast, by End User (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Component (2017-2030)

13.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Organization (2017-2030)

13.3.6.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.3.7. Market Revenue and Forecast, by End User (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Component (2017-2030)

13.3.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Organization (2017-2030)

13.3.8.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.3.9. Market Revenue and Forecast, by End User (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Component (2017-2030)

13.3.10.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Organization (2017-2030)

13.3.10.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.3.10.5. Market Revenue and Forecast, by End User (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Component (2017-2030)

13.3.11.2. Market Revenue and Forecast, by Application (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Organization (2017-2030)

13.3.11.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.3.11.5. Market Revenue and Forecast, by End User (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Component (2017-2030)

13.4.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.3. Market Revenue and Forecast, by Organization (2017-2030)

13.4.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.4.5. Market Revenue and Forecast, by End User (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Component (2017-2030)

13.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Organization (2017-2030)

13.4.6.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.4.7. Market Revenue and Forecast, by End User (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Component (2017-2030)

13.4.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Organization (2017-2030)

13.4.8.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.4.9. Market Revenue and Forecast, by End User (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Component (2017-2030)

13.4.10.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Organization (2017-2030)

13.4.10.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.4.10.5. Market Revenue and Forecast, by End User (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Component (2017-2030)

13.4.11.2. Market Revenue and Forecast, by Application (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Organization (2017-2030)

13.4.11.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.4.11.5. Market Revenue and Forecast, by End User (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Component (2017-2030)

13.5.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.3. Market Revenue and Forecast, by Organization (2017-2030)

13.5.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.5.5. Market Revenue and Forecast, by End User (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Component (2017-2030)

13.5.6.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Organization (2017-2030)

13.5.6.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.5.7. Market Revenue and Forecast, by End User (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Component (2017-2030)

13.5.8.2. Market Revenue and Forecast, by Application (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Organization (2017-2030)

13.5.8.4. Market Revenue and Forecast, by Deployment (2017-2030)

13.5.8.5. Market Revenue and Forecast, by End User (2017-2030)

Chapter 14. Company Profiles

14.1. IBM (US)

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. SAP (Germany)

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Oracle (US)

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Infor (US)

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. IFS (Sweden)

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. ABB (Switzerland)

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. CGI (Canada)

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Rfgen Software (US)

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Assetworks (US)

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Ultimo Software Solutions (UK)

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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