Enterprise Asset Management Market Analysis and Size:
As per recent research by MarkNtel Advisors, the Global Enterprise Asset Management Market size was valued at USD 4.4 billion in 2023 and is estimated to grow at a CAGR of around 10.8% during the forecast period, i.e., 2024-30.
Market Drivers : Rising Adoption of Cutting-Edge Technologies & Connected Devices –
Internet penetration & smartphone accessibility have increased significantly during historical years. As per the statistics provided by the Data Reportal, in 2023, there were approximately 5.16 billion internet users across the globe, which is approximately 64.4% of the total world population. Similarly, smartphone accessibility across the globe has also increased. This proliferation of smart devices is creating a conducive environment for digital platforms & services.
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Enterprise Asset Management Market Scope:
The Enterprise Asset Management Market is segmented into different categories. This segmentation enables a detailed analysis of specific areas of growth, aiding in strategic market approaches. It helps identify key application areas and variances within target markets, facilitating focused strategies to capitalize on niche opportunities.
By Offering
-Solutions- Market Size & Forecast 2019-2030, (USD Million)
-Services- Market Size & Forecast 2019-2030, (USD Million)
-Professional services- Market Size & Forecast 2019-2030, (USD Million)
-Planning & Consulting- Market Size & Forecast 2019-2030, (USD Million)
-Training & Education- Market Size & Forecast 2019-2030, (USD Million)
-Support & Maintenance- Market Size & Forecast 2019-2030, (USD Million)
-Managed Services- Market Size & Forecast 2019-2030, (USD Million)
By Application
-Asset Lifecycle Management- Market Size & Forecast 2019-2030, (USD Million)
-Inventory Management- Market Size & Forecast 2019-2030, (USD Million)
-Work order Management- Market Size & Forecast 2019-2030, (USD Million)
-Labour Management- Market Size & Forecast 2019-2030, (USD Million)
-Facility Management- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By Deployment Model
-Cloud- Market Size & Forecast 2019-2030, (USD Million)
-On-premises- Market Size & Forecast 2019-2030, (USD Million)
By Organization Size
-Large Enterprises- Market Size & Forecast 2019-2030, (USD Million)
-SMEs- Market Size & Forecast 2019-2030, (USD Million)
By End User
-Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
-Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
-Healthcare & Life Sciences- Market Size & Forecast 2019-2030, (USD Million)
-Transportation & Logistics- Market Size & Forecast 2019-2030, (USD Million)
-Telecom- Market Size & Forecast 2019-2030, (USD Million)
-Government & Public Sector- Market Size & Forecast 2019-2030, (USD Million)
-Education- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
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Enterprise Asset Management Market Geographical Analysis:
By Region:
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
Competitive Landscape and Enterprise Asset Management Market Share Analysis:
The Enterprise Asset Management market is highly competitive, with several key players dominating the landscape. Some of the prominent companies in the market include:
- IBM
- SAP
- Oracle
- Hexagon
- IFS
- Hitachi Energy
- IPS Intelligent Process Solutions
- Accruent
- Aveva
- Aptean
- Ramco Systems
- Others
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Questions Addressed in this Study
1.What factors are driving the Enterprise Asset Management Market growth?
2.How is the Enterprise Asset Management Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Enterprise Asset Management Market?
4.What is the current size of the Enterprise Asset Management Market, and how is it projected to change in the future?
6.What is the future outlook for the Enterprise Asset Management Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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