Market Insights:
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) systems emerged in the 1980s as an extension of the Computerized Maintenance Management Systems (CMMS). Enterprise asset management (EAM) systems were designed to substitute manual maintenance systems, and also to satisfy a need to establish robust asset management procedures as the numbers of assets utilized by enterprises grew.
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Enterprise Asset Management (EAM) Market - Size, Competitive Landscape and Segmentation Analysis:
Enterprise asset management (EAM) is a critical business area for any large enterprise that depends on physical assets for production. Furthermore, Enterprise asset management (EAM) refers to a set of tools, software, and practices including Enterprise asset management (EAM) software, that allows organizations to operate productive facility management. Moreover, organizations can productively maintain, control, and analyze their physical assets and infrastructure during all phases of the asset lifecycle, including maintenance, acquisition, and disposal with the help of the comprehensive Enterprise asset management (EAM) process. This wide-range suite of capabilities provides asset managers full transparency into the present and historical state of assets so they can enhance asset quality and utilization, improve uptime, reduce operational costs, and ultimately increase revenue and Rate of Interest. Additionally, Enterprise asset management (EAM) includes work management, asset maintenance, planning and scheduling, supply chain management, and environmental, health and safety initiatives.
The key players covered in the Enterprise Asset Management (EAM) market report is:
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),AssetWorks LLC (US),Ultimo Software Solutions Inc (US),EZOfficeInventory (US),AssetInfinity (India),InnoMaint Software (India),Aladinme (UAE),Limble (US),Redlist (US),TrackX (US),Cheqroom (Belgium),The Asset Guardian (Canada),GoCodes (US),Fleetio (US),Upkeep Maintenance Management (US)
Segmentation of Enterprise Asset Management (EAM) market:
In market segmentation by Component, Enterprise Asset Management (EAM) Market report covers:
Solutions,Services
In market segmentation by End Users, Enterprise Asset Management (EAM) Market report covers:
Energy & Utilities,Chemicals,Petroleum & Mining,Manufacturing,Others
Market Segment by Regions and Countries Level Analysis:
· 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)
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Enterprise Asset Management (EAM) Market Report contains market data from 2022 to 2028, which provides an overview of the market covering key drivers and risk factors. The report is segmented by top global manufacturers that mention sales, revenue and applicable prices. It also evaluates the competitive scenarios of key players. The report is expanded to include regional market data along with types and applications. This report forecasts sales and revenue from 2022to 2028. Detailed sales channels are also covered in the study.
Scope and Segmentation Of The Enterprise Asset Management (EAM) Market Research Report
Report Coverage | Details |
Forecast Period | 2022 to 2028 |
Forecast Period 2022 to 2028 CAGR | 10.4% |
2027 Value Projection | USD 8.83Billion |
Base Year |
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Reasons to buy the global Enterprise Asset Management (EAM) market
1. This research identifies the region and market sector that is likely to expand the fastest and dominate the Enterprise Asset Management (EAM) industry.
2. Market analysis of the Enterprise Asset Management (EAM) by region, covering the consumption of the manufacturer in each country as well as the factors that influence the market within each region.
3. The market environment includes the top players’ Enterprise Asset Management (EAM) market rankings, as well as new service/product announcements, collaborations, company growth, and acquisitions made by the companies profiled in the previous five years.
4. For the top Enterprise Asset Management (EAM) market players, extensive company profiles with business overviews, company insights, product evaluations, and SWOT analyses are available.
5. The company’s present and future outlook in light of recent changes (which include both advanced and developing regions’ growth possibilities and drivers, as well as difficulties and restraints).
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