Title: Enterprise Asset Management Market
1Enterprise Asset Management MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Enterprise Asset Management market is analyzed to
grow at a CAGR of 8.1 during the forecast period
to reach 3.2 billion by 2026. The major factor
impacting on the positive growth of the market is
the adoption of the cloud technologies in the
asset management solutions. The significant
growth and adoption of the new technologies such
as IoT, industry 4.0, and so on are analyzed to
create ample amount of opportunities for the
growth in the enterprise asset management as they
play a key role in asset tracking. Owing to the
increasing demand for these advanced technologies
due to the increased productivity,
sustainability, decrease in maintenance costs is
set to bring down the deployment costs thereby
impact on the high adoption rate and contributing
to the growth of the market during the forecast
period 2021-2026.
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- Key Takeaways
- Transportation is the fastest growing application
in EAM market with CAGR of 11.47 during forecast
period. - The growing demand to adhere to strict regulatory
compliances and presence of major number of
players such as IBM Corporation, Oracle
Corporation, Infor Inc and others have been
pushing the market in this region. - Acquisition of companies for strengthening their
capabilities in North American region is set to
drive the enterprise asset management market for
a number of firms.
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By Distribution Channel- Segment Analysis The
Assets MRO segment is set to account for the
largest share in 2020 and is growing at a CAGR of
7.1 in the forecast period. Assets Maintenance,
Repair and Operations (MRO) is basically provided
for asset intensive industries for the purpose of
fixing and replacing of the assets. Assets MRO
are widely adopted by organizations as it leads
to cost reduction, primarily costs related to
freight, loading, unloading, warehousing, service
and maintenance fees, and inventory management
costs. MRO also majorly focuses on the supply and
vendor support by evaluation the contracts
directly with the manufacturer or with a
distributor.
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- Enterprise Asset Management Industry Outlook
- IBM,
- SAP,
- Infor,
- ABB,
- Aveva,
- IFS,
- CGI Group,
- Intelligent Process Solutions
- Oracle
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Enterprise Asset Management Market Forecast
(2022 - 2027) Learn More
About the Report _at_ https//www.industryarc.com/R
eport/15403/enterprise-asset-management-market.htm
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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