Global Enterprise Asset Management (EAM) Market was valued at USD 4.42 billion in 2021 and is expected to reach USD 8.83 billion by the year 2028, at a CAGR of 10.4%.
Enterprise Asset Management (EAM) system capabilities are expanding to better meet, and exceed, the evolving needs of asset-intensive organizations. These next-gen solutions offer the visibility required to manage assets and operations within an organization. In addition to expanding the use of digital transformation, key functional areas include asset information, work order management, MRO materials, labor skills, service contracts, finance, and analytics.
The market is classified on the basis of component type, organization site, deployment model, application ambit, and regional scope to provide better clarity to stakeholders about segmentations and individual contributions. Moreover, an analysis that covers both qualitative and quantitative aspects of each of these segments facilitates better decision making in terms of investable areas in this sphere.
The Major Players In The Enterprise Asset Management (EAM) Market Include:
· ABB (Switzerland)
· CGI Inc. (Canada)
· Dude Solutions Inc. (US)
· eMaint Enterprises LLC (US)
· IBM Corporation (US)
· IFS AB (Sweden)
· Infor (US)
· Oracle Corporation (US)
· Ramco Systems Ltd. (Chennai)
· SAP SE (Germany)
· Schneider Electric SA (France)
· IPS (Germany)
· Accruent (US)
· AVEVA Group plc (UK)
· Aptean (US)
· Professional Datasolutions Inc (US)
Market has segmented the global Enterprise Asset Management (EAM) market on the basis of type, application, and region:
The Enterprise Asset Management (EAM) market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
· Solutions
· Services
By Application:
· Energy And Utilities
· Chemicals
· Petroleum And Mining
· Manufacturing
· Transportation
· Life Sciences
· Healthcare
· Nuclear Power
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By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Enterprise Asset Management (EAM) Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
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Reasons to Purchase the Enterprise Asset Management (EAM) Market Report:
· The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
· Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
· Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
· The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
· Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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