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
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Author Credits:  Abhishek Verma


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