Enterprise Asset Management Market size worth $ 17.04 Billion, Globally, by 2028 at 15.17% CAGR: Verified Market Research®

JERSEY CITY, N.J., Nov. 3, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Enterprise Asset Management Market" By Deployment Type (On-Premises, Cloud), By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), and By Geography. According to Verified Market Research, the Global Enterprise Asset Management Market size was valued at USD 5.48 Billion in 2020 and is projected to reach USD 17.04 Billion by 2028, growing at a CAGR of 15.17% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=37576

Browse in-depth TOC on "Enterprise Asset Management Market"

202 - Pages
126 – Tables
37 – Figures

Global Enterprise Asset Management Market Overview

The factors that are responsible for driving the growth of the worldwide enterprise asset management marketplace encompass the developing demand for rising the lifecycle overall performance of assets and a decrease in the procurement & maintenance costs in numerous organizations. Moreover, growing inclination towards cloud-based deployment and the incorporation of numerous advanced technologies including huge records are some other factors that are creating numerous growth opportunities for enterprise asset management marketplace during the forecast period.

Furthermore, several benefits provided by enterprise asset management consist of its ability to maximize the return on assets, reduce the risks & costs, make informed decisions associated with the assets, increase uptime & enhance predictability and reduce total cost of ownership, amongst others. All those factors are proliferating the growth of the worldwide enterprise asset management marketplace.

In addition to this, growth in the digitization of industries and enhancement in the technological infrastructure is the enormous factors that are accelerating the demand for enterprise asset management in the marketplace worldwide. However, the factors that hamper the growth of the marketplace encompass the growing issues associated with records confidentiality and safety among the organizations.

Key Developments

• In February 2021, SAP Acquires No-Code Development Pioneer AppGyver. With the acquisition, SAP is better able to help customers and partners adapt their IT systems efficiently to their specific needs and optimize the usability of their applications.
• In July 2021, Infor, the industry cloud company, today announced it has entered into an agreement to sell its global EAM (Enterprise Asset Management) business to Hexagon AB.
• In June 2020, Accruent, the world's leading provider of physical resource management solutions, today announced a definitive agreement to acquire Maintenance Connection, a leading Computerized Maintenance Management System (CMMS) provider. This agreement accelerates Accruent's efforts to help customers gain insight and make data-driven decisions for multi-site facility management.

Key Players

The major players in the market are SAP, Aveva, ABB, Oracle, Infor, Maintenance Connection, Aptean, IFS, IBM, and CGI.

Verified Market Research has segmented the Global Enterprise Asset Management Market On the basis of Deployment Type, Organization Size, and Geography.

• Enterprise Asset Management Market, By Deployment Type
• On-Premises
• Cloud
• Enterprise Asset Management Market, By Organization Size
• Small and Medium-Sized Enterprises
• Large Enterprises
• Enterprise Asset Management Market by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

Browse Related Reports:

Revenue Cycle Management (RCM) Market By Product (Integrated, Standalone RCM), By Deployment (Web-Based, Cloud-Based, On-Premises), By End User (Hospitals, General Physicians, Labs), By Geography, Forecast, 2021-2028

Property Management Market By Solution (Asset Maintenance Management, Lease Accounting and Real Estate Management, Reservation Management), By Services (Consulting, Deployment and integration, Support and maintenance), By End-User (Property managers and Housing associations), By Application (Commercial and Residential), By Geography, Forecast, 2021-2028

Hospital Asset Management Market By Product (Radiofrequency Identification (RFID) Devices and Real-time location systems (RTLS)), By Application (Hospital Asset Management and Pharmaceutical Asset Management), By End-User (Hospitals and Clinics, Pharmaceutical Companies), By Geography, Forecast, 2021-2028

RFID Tags For Asset Tracking Market By Product (Metal and Liquid Tags), By End User (M2M And IoT Companies, Logistics Services Companies, Systems Integration Companies), By Geography, Forecast, 2021-2028

Best Enterprise Asset Management Brands enriching assets and operations

Visualize Enterprise Asset Management Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: +1 (800)-782-1768
Email: [email protected]
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

SOURCE Verified Market Research