November 2, 2020

Enterprise Asset Management Market Estimated to Soar Higher During 2019 to 2026

The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.

Key Drivers of the Enterprise Asset Management Market:

The primary factor responsible for the growth of the enterprise asset management market is the increasing demand for enterprise asset management cloud-based solutions to decrease maintenance costs and lower machine downtime. For example, in Sep 2018, Infor signed a partnership with the Eiffage to help them to improve operational efficiency and quality, along with maintaining the availability of equipment used in construction sites. Additionally, it grows the life of the asset, which saves time and money, followed by gaining a 360 view of assets are some major factors fuelling the market growth in the upcoming years. On the other hand, data security and confidentiality concerns hamper the market growth over the forecast period.

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This report splits the Enterprise Asset Management Market as follows:

By Deployment:

  • On-Premises
  • On-Cloud

By Organization Size:

  • Small and Medium Sized Enterprises
  • Large Enterprises

By Industry:

  • Manufacturing
  • Transportation and Logistics
  • Government and Defense
  • Energy and Utilities
  • Healthcare
  • Others

By Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape:

The enterprise asset management market report also scans the competitive landscape and profiles the major players operating in the market including International Business Machines (IBM) Corporation, Oracle Corporation, ABB Ltd., Industrial and Financial Systems (IFS) AB, SAP SE, Infor Inc., Intelligent Process Solutions (IPS), Schneider Electric, MRI Software LLC, and AssetWorks LLC, among others.

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