Enterprise Asset Management (EAM) Market, By Vertical (Public Sector, Manufacturing, Oil and Gas, Healthcare and Pharmaceutical Industry, Energy and Utility, Transportation, Wholesale and Distribution, Food & Beverages, Paper and Packaging, Chemical and Process Industry (Including Steel Industry), Mining, Service Industry), By Solution (Database Solution, Analytics Solution, Mobile Solution, Cloud-based Solution), By Service (Consulting Service, Implementation Service, Training and Support Service, Outsourcing Service), By Geography (North America, Latin America, Europe, Asia Pacific Excluding Japan, MEA, Japan) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Market Dynamics
Enterprise Asset Management (EAM) is an optimal lifecycle management solution which manages the assets of a company. Enterprise asset management (EAM) includes the management of the maintenance of physical assets of an organization throughout each asset's lifecycle. EAM system helps enterprises to reduce the end-user’s maintenance costs. EAM is used to optimize, plan, execute, and track the required maintenance activities with the associated priorities, tools, skills, materials and information. Moreover, rising adoption of EAM has lowered the labor costs, production costs, reduced equipment breakdowns and boosted maintenance productivity. Furthermore, the EAM solution offers maximum control and visibility over important assets that affect business performance, risk as well as compliance. Reduction of maintenance and procurement expenses, improved return on assets and increasing adoption of EAM solutions are the major factors which are expected to further augment the growth of global enterprise asset management market during forecast period.
Market Taxonomy
Enterprises require EAM for management of assets, buildings, machines, IT and other enterprise assets. The on premise implementation of enterprise asset management solutions requires a lot of time and capital. It requires organizations to make significant investments in finding the right servers, storage devices, and communication infrastructure. Moreover, cloud-based enterprise asset management solutions can be easily scaled to fit the needs of an organization. Additionally, there is far more reliability with a cloud-based system, because data centers are geographically dispersed along with storage. Asset-intensive organizations take advantage of the latest hardware, software, and communications features available in the market by adopting cloud-based enterprise asset management solutions. These solutions make it easier for organizations to gain business intelligence and optimize the use and value of enterprise assets. However, high implementation cost for SME's and concerns of organizations related to data security and confidentiality are expected to hinder the market growth during forecast period.
Key features of the study:
This report provides an in-depth analysis of the Global Enterprise Asset Management Market with market size (US$ Million) and CAGR (%) over the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
It profiles leading players in the global enterprise asset management market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
Key companies covered as part of this study include IBM Corporation, SAP SE, Oracle Corporation, ABB Ltd., IFSAB, Infor, Inc., Ultimo Software Solutions BV, CARL International SA e Maint Enterprises, LLC, Mainsaver, Inc. MEX Pty Ltd., and Asset Works LLC.
Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to future product launches, technology upgrades, market expansion, and marketing tactics
Various strategy matrices used in analyzing the global enterprise asset management market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:
Global Enterprise Asset Management Market, By Vertical:
Public Sector
Manufacturing
Oil and Gas
Healthcare and Pharmaceutical Industry
Energy and Utility
Transportation
Wholesale and Distribution
Food & Beverages
Paper and Packaging
Chemical and Process Industry (Including Steel Industry)
Mining
Service Industry
Global Enterprise Asset Management Market, By Solution:
Database Solution
Analytics Solution
Mobile Solution
Cloud-based Solution
Global Enterprise Asset Management Market, By Service:
Consulting Service
Implementation Service
Training and Support Service
Outsourcing Service
Global Enterprise Asset Management Market, By Geography:
North America
By Country
U.S.
Canada
By Segmentation
By Vertical:
Public Sector
Manufacturing
Oil and Gas
Healthcare and Pharmaceutical Industry
Energy and Utility
Transportation
Wholesale and Distribution
Food & Beverages
Paper and Packaging
Chemical and Process Industry (Including Steel Industry)
Mining
Service Industry
By Solution:
Database Solution
Analytics Solution
Mobile Solution
Cloud-based Solution
By Service:
Consulting Service
Implementation Service
Training and Support Service
Outsourcing Service
Latin America
By Country
Mexico
Brazil
Rest of Latin America
By Segmentation
By Vertical:
Public Sector
Manufacturing
Oil and Gas
Healthcare and Pharmaceutical Industry
Energy and Utility
Transportation
Wholesale and Distribution
Food & Beverages
Paper and Packaging
Chemical and Process Industry (Including Steel Industry)
Mining
Service Industry
By Solution:
Database Solution
Analytics Solution
Mobile Solution
Cloud-based Solution
By Service:
Consulting Service
Implementation Service
Training and Support Service
Outsourcing Service
Europe
By Country
Germany
France
U.K.
Russia
Poland
Spain
Italy
Scandinavia
Benelux
Rest of Europe
By Segmentation
By Vertical:
Public Sector
Manufacturing
Oil and Gas
Healthcare and Pharmaceutical Industry
Energy and Utility
Transportation
Wholesale and Distribution
Food & Beverages
Paper and Packaging
Chemical and Process Industry (Including Steel Industry)
Mining
Service Industry
By Solution:
Database Solution
Analytics Solution
Mobile Solution
Cloud-based Solution
By Service:
Consulting Service
Implementation Service
Training and Support Service
Outsourcing Service
Asia Pacific (excluding Japan)
By Country
China
India
Rest of Asia Pacific excluding Japan
Australia & New Zealand
ASEAN
By Segmentation
By Vertical:
Public Sector
Manufacturing
Oil and Gas
Healthcare and Pharmaceutical Industry
Energy and Utility
Transportation
Wholesale and Distribution
Food & Beverages
Paper and Packaging
Chemical and Process Industry (Including Steel Industry)
Mining
Service Industry
By Solution:
Database Solution
Analytics Solution
Mobile Solution
Cloud-based Solution
By Service:
Consulting Service
Implementation Service
Training and Support Service
Outsourcing Service
Middle East and Africa
By Country
GCC
North Africa
South Africa
Rest of Middle East and Africa
By Segmentation
By Vertical:
Public Sector
Manufacturing
Oil and Gas
Healthcare and Pharmaceutical Industry
Energy and Utility
Transportation
Wholesale and Distribution
Food & Beverages
Paper and Packaging
Chemical and Process Industry (Including Steel Industry)
Mining
Service Industry
By Solution:
Database Solution
Analytics Solution
Mobile Solution
Cloud-based Solution
By Service:
Consulting Service
Implementation Service
Training and Support Service
Outsourcing Service
Japan
By Segmentation
By Vertical:
Public Sector
Manufacturing
Oil and Gas
Healthcare and Pharmaceutical Industry
Energy and Utility
Transportation
Wholesale and Distribution
Food & Beverages
Paper and Packaging
Chemical and Process Industry (Including Steel Industry)
Mining
Service Industry
By Solution:
Database Solution
Analytics Solution
Mobile Solution
Cloud-based Solution
By Service:
Consulting Service
Implementation Service
Training and Support Service
Outsourcing Service
Company Profiles
IBM Corporation *
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
SAP SE
Oracle Corporation
ABB Ltd.
IFSAB
Infor, Inc.
Ultimo Software Solutions BV
CARL International SA
e Maint Enterprises, LLC
Mainsaver, Inc.
MEX Pty Ltd.
Asset Works LLC
“*” marked represents similar segmentation in other categories in the respective section.
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