Enterprise Asset Management Market Analysis

  • Report ID: 6449
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Enterprise Asset Management Market Analysis

Component (Solutions, Services)

The enterprise asset management solution sales were valued at USD 3.2 billion in 2024 and predicted to account for more than 66.7% enterprise asset management market share by the end of 2037. The integration of digital technologies such as AI, ML, IoT, and big data analytics is leading to the development of enterprise asset management solutions with enhanced features such as real-time monitoring and predictive maintenance. The shift towards digitalization in businesses is primarily augmenting the adoption of enterprise asset management solutions.

Organization (Large Enterprises, Small and Medium Enterprises)

By the end of 2037, large enterprise segment is expected to account for more than 65.5% enterprise asset management market share owing to the EAM system’s operational efficiency feature. Large organizations are widely adopting EAM solutions as they help to scale and accommodate their complex and growing asset portfolios. Also, enterprise asset management systems effectively handle high volumes of asset data and adapt to changing organizational needs, leading to high adoption in big organizations. The demand for enterprise asset management solutions in large organizations is estimated to reach a value of USD 3.2 billion by 2025.

Our in-depth analysis of the enterprise asset management market includes the following segments:

Component

  • Solutions
  • Services

Application

  • Asset Lifecycle Management
  • Labor Management
  • Inventory Management
  • Predictive Maintenance
  • Work Order Management

Organization

  • Large Enterprises
  • Small and Medium Enterprises

Deployment

  • Cloud
  • On-premise

End user

  • Healthcare
  • Energy & Utilities
  • Government and Defense
  • Automotive and Transportation
  • Manufacturing
  • Retail
  • IT and Telecom
  • BFSI
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 6449
  • Published Date: Sep 18, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global enterprise asset management market will be valued at USD 5.6 billion in 2025.

Expanding at a CAGR of 10.5%, the global market is expected to increase from USD 5.1 billion in 2024 to USD 18.6 billion by 2037.

Some of the leading companies are IBM Corporation, SAP, Oracle Corporation, Infor, and IFS AB.

The enterprise asset management solutions are estimated to capture a strong 66.7% of the market share through 2037.

North America leads the global demand for enterprise asset management solutions and is expected to hold a 37.5% market share through 2037.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample