Enterprise Asset Management (EAM) Software Market to Hit US$ 6.83 Bn and Grow at CAGR 9.13% During Forecasts Period 2022-2028 : ABB Ltd., Assets Works, LLC, CGI Group Inc

Pune, Maharashtra -- (SBWire) -- 10/31/2022 --Enterprise Asset Management (EAM) Software Market Size & Share 2022

Enterprise asset management systems are thriving due to the emergence of IoT devices, integration of drone and AI-based asset management, and growing demand for cloud-based EAM solutions. In addition, the growing use of advanced technology to extend the asset lifecycle, the emergence of disruptive digital technologies across industry sectors, and technological advancements are also contributing to growth. Business requirements are often difficult for EAM systems to satisfy.

Cloud-based EAM systems and services are increasingly being used to optimize work efficiency, streamline work, increase business agility, and manage facilities. In addition, these systems help enterprises save money on overhead. Cloud-based EAM systems are more technically sophisticated and hassle-free. They may, for instance, include integrated debugging and performance monitoring tools. Enterprises may also benefit from managed services with integrated debugging and performance monitoring tools.

"The Enterprise Asset Management (EAM) Software market size was valued at US$ 3.71 Bn in 2021, and is predicted to reach US$ 6.83 Bn by 2028, with a growing healthy CAGR of 9.13% during the forecast period 2022-2028, as per SNS Insider Research."

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Major Key Company profiles analysis covered in Enterprise Asset Management (EAM) Software Market are:

- ABB Ltd.
- Assets Works, LLC
- CGI Group Inc.
- IFS
- IBM Corporation
- Infor
- Oracle Corporation
- SAP SE
- SSG Insights
- UpKeep Technologies, Inc.

All relevant industry information is provided in the Enterprise Asset Management (EAM) Software market research study. By providing its clients with accurate data, it provides the market outlook and aids in the making of crucial decisions. The market is described in general terms, along with its description, applications, advancements, and technology.

This Enterprise Asset Management (EAM) Software market research report provides a thorough review of the industry landscape and several business-related topics. It gives all the necessary information on clients and rivals and helps business operators to approach target audiences. This market research is carried out using quantitative research techniques to provide precise market data and problem-solving.

Enterprise Asset Management (EAM) Software Market Segmentation Analysis

The comprehensive data by Enterprise Asset Management (EAM) Software market segments aids in monitoring future profitability and aids in the formulation of important growth-related decisions. The information on trends and developments is concentrated on markets, materials, technological advancements, and the shifting market structure.

Major Segments and Sub-Segment of Enterprise Asset Management (EAM) Software Market are Listed Below:

Segment by Component:
- Solution
- Services

Segment by Deployment Model:
- On-Premise
- Cloud

Segment by Enterprise Size:
- Large Enterprises
- Small and Medium-Sized Enterprises

Segment by Application:
- Asset Lifecycle Management
- Predictive Maintenance
- Facility Management
- Inventory Management
- Labor Management
- Work Order Management
- Others

Segment by Industry Vertical:
- Energy and Utility
- Transportation and Logistics
- Manufacturing
- Healthcare & Life Science
- Government & Public Sector
- Education
- IT and Telecommunications
- Others

COVID-19 Impact Analysis

The COVID-19 had a harmful effect on living things and hurts the world economy. Filling the enormous supply gap that had developed presented an unexpected strategic issue. The exchange of fundamental labor and goods was significantly impeded because of the global store network disruption. The research report covers the COVID-19 pandemic's effects on the Enterprise Asset Management (EAM) Software market and where it stands right now.

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Regional Analysis Covered in this report:

- North America [United States, Canada]
- Europe [Germany, France, U.K., Italy, Russia]
- Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
- Latin America [Mexico, Brazil, Argentina]
- Middle East & Africa [Turkey, Saudi Arabia, UAE]

Regional Outlook

The research also discusses consumer trends affecting the Enterprise Asset Management (EAM) Software market and market trends for each category, along with any potential effects on the future of the business. Understanding the pertinent market and consumer trends that are influencing the market can be aided by this research. Geographic analysis for areas like North America, Latin America, Asia-Pacific, Europe, and the Rest of the World is included in the worldwide market study.

Competitive Analysis

The report offers a thorough analysis of the business' operations, including both qualitative and numerical data. It offers a summary and estimate of the market for Enterprise Asset Management (EAM) Software based on several market segments. A viewpoint study of the various business development strategies employed by top firms is provided by the competitive environment.

Key Reasons to Purchase Enterprise Asset Management (EAM) Software Market Report

- The use of analysis methods like SWOT analysis and Porter's five force analysis helps to demonstrate how capable customers and suppliers are of making decisions that will boost their companies' bottom lines.
- To provide historical and projected revenue for significant geographical areas and countries by market segments and sub-segments.
- In the end, by providing balanced information under one roof, this research report helps you save time and money.

Conclusion

For businesses and people interested in the industry, the research report provides essential insights on the competitive landscape for manufacturers operating on the global Enterprise Asset Management (EAM) Software market.

Frequently asked question in this report:

- What is the current market size of Enterprise Asset Management (EAM) Software market 2022?
- Who are the major key players of Enterprise Asset Management (EAM) Software market?
- Which segments and sub-segments are covered int this report?
- What are major growth drivers of Enterprise Asset Management (EAM) Software market 2022?
- What is Current Market Share of Enterprise Asset Management (EAM) Software in North America?

Table of Contents – Major Key Points

1. Introduction

2. Research Methodology

3. Market Dynamics

4. Impact Analysis

5. Value Chain Analysis

6. Porter's 5 Forces Model

7. PEST Analysis

8. Enterprise Asset Management (EAM) Software Market Segmentation, By Component

9. Enterprise Asset Management (EAM) Software Market Segmentation, By Deployment Model

10. Enterprise Asset Management (EAM) Software Market Segmentation, By Enterprise Size

11. Enterprise Asset Management (EAM) Software Market Segmentation, By Application

12. Enterprise Asset Management (EAM) Software Market Segmentation, By Industry Vertical

13. Regional Analysis

14. Company Profiles

15. Competitive Landscape

16. Conclusion

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