Global Enterprise Asset Management Market Bwc19281

Global Enterprise Asset Management Market Bwc19281

Global Enterprise Asset Management Market Size, Share, Demand, Analysis and Forecast to 2019-2025

  • Published Date: September 2019
  • Report ID: BWC19281
  • Available Format: PDF
  • Page: 125

Report Overview

The Global Enterprise Asset Management Market: Overview

Global Enterprise Asset Management Market size is expected to grow from USD 4.3 billion in 2018 to USD 8.6 billion by the year 2025, at a CAGR of over 10.21% from 2019 to 2025. The key pattern saw in the global enterprise asset management market is the mix of Internet of Things (IoT) with EAM arrangements. This can be credited to the developing sending of IoT in mobile devices like cell phones, personal digital assistants (PDAs), and PCs, all inclusive. Organizations, for example, IBM Corporation and SAP SE offer portable EAM arrangements as application programming which empowers workers to include the examination information straightforwardly to the versatile application. Also, a mix of IoT with EAM gives distinguishing proof of execution non-congruities, fix just as replacement detection, and potential procedure control changes.

Business ventures are slanted toward cloud-based EAM solutions for streamline work and oversee offices. Distributed computing empower undertakings to diminish their overhead cost by decreasing their investments in IT foundation. It additionally offers better-specialized help and administrations by incorporating troubleshooting and execution observing devices in the framework, expanded business agility, and empowers upkeep staff to be increasingly versatile. Enterprises require EAM for the management of assets, structures, machines, IT and other venture resources. Return on assets (ROA) indicates how gainful an organization's advantages are in creating income. EAM offers proper management of assets that forestalls the glitch of machines or hardware and in this way, lessens machine downtime.

The Global Enterprise Asset Management Market: Type Insight

The global enterprise asset management market is segmented on the basis of its component, enterprise size, deployment bases, industry type and regional demand. Based on its components, the market is classified into software, services, solutions. Based on its software section the market is divided into Field Service Management, Linear Assets, Non-Linear Assets, Repair, Assets Maintenance, and Operations. Again, based on its solutions, the market is divided into Logistics and Inventory, Planning and Forecasting, Network Field Operations, Procurement of Material, Asset Transfer and Retirement. Based on its services, the market is bifurcated into Managed and Professional. On the basis of its enterprise size, the market is divided into Small and Medium Enterprises, Large Enterprises. Based on its industry type, the market is segmented into Oil and Gas, Manufacturing, Healthcare, Transportation and Logistics, Energy and Utilities, Government.

The Global Enterprise Asset Management Market: Regional Insight

North America is anticipated to hold the biggest market size in the worldwide EAM world, while Asia Pacific (APAC) is relied upon to develop at the most astounding CAGR during the conjecture time frame. North America is relied upon to be the main area regarding embracing and creating EAM arrangements. The expanding request to stick to stringent administrative compliances, expanding the nearness of EAM sellers and developing government backing are central point of the market development during the conjecture time frame. Overwhelming ventures made by private and open divisions for overseeing crucial resources and hardware, bringing about an expanded interest for EAM arrangements and administrations used to build the advantage life cycle and decrease in general upkeep cost is a central point energizing the development of the market in APAC.

The Global Enterprise Asset Management Market: Competitive Insight

The major players in the global enterprise asset management market includes companies like CGI (Canada), IPS (Germany), Maintenance Connection (US), AVEVA (UK), AssetWorks (US), RFgen (US), eMaint (US), UpKeep (US), Ultimo Software Solutions (UK), IBM (US), Oracle (US), IFS (Sweden), SAP (Germany), Infor (US), ABB (Switzerland), and Aptean (US). These major players have adopted various inorganic and organic growth strategies, such as partnerships and collaborations, new product launches, acquisitions, and mergers, to expand their worldwide presence in the global EAM market further.

1.    Research Framework

1.1. Research Objective

1.2. Product Overview

1.3. Market Segmentation

2.    Research Methodology

2.1. Qualitative Research

2.1.1.   Primary & Secondary Sources

2.2. Quantitative Research

2.2.1.   Primary & Secondary Sources

2.3. Breakdown of Primary Research Respondents, By Region

2.3.1.   Secondary Research

2.3.2.   Primary Research

2.4. Breakdown of Primary Research Respondents, By Industry Participants

2.5. Market Size Estimation

2.6. Assumption for the Study

2.7. Market Breakdown & Data Triangulation

3.    Executive Summary

4.    Industry Insights

4.1. Industry Impact and Forces

4.1.1.   Growth Drivers

4.1.2.   Challenges

4.1.3.   Opportunities

4.2. Regulatory Framework

4.3. Technology Landscape

4.4. By Company (Market Share 2018)

4.5. Growth Potential analysis

4.6. Strategic Outlook

4.7. Porter’s Five forces analysis

4.8. PESTEL Analysis

5.    Global Enterprise Asset Management Market Overview

5.1. Market Size & Forecast

5.1.1.   By Value

5.2. Market Share & Forecast 2018-2026

5.2.1.   By Component       Software           Field Service Management           Linear Assets           Non-Linear Assets           Repair           Assets Maintenance           Operations       Services           Logistics & Inventory           Planning and Forecasting           Network Field Operations           Procurement of Material           Asset Transfer and Retirement.       Solution           Professional           Managed

5.2.2.   By Enterprise Size       Small Enterprises       Medium Enterprises       Large Enterprises

5.2.3.   By Industry Type       Oil and Gas       Manufacturing       Healthcare       Transportation and Logistics       Energy and Utilities       Government

5.2.4.   By Region       North America       Europe       Asia Pacific       LATAM       MEA

6.    North America Enterprise Asset Management Market

6.1. Key Regional Trends

6.2. Market estimates & forecast, 2019-2025 (USD Million)

6.2.1.   By Component

6.2.2.   By Enterprise Size

6.2.3.   By Industry Type

6.2.4.   By Country       U.S       Canada

7.    Europe Enterprise Asset Management Market

7.1. Key Regional Trends

7.2. Market estimates & forecast, 2019-2025 (USD Million)

7.2.1.   By Component

7.2.2.   By Enterprise Size

7.2.3.   By Industry Type

7.2.4.   By Country       Germany       U.K       France       Italy

8.    Asia Pacific Enterprise Asset Management Market

8.1. Key Regional Trends

8.2. Market estimates & forecast, 2019-2025 (USD Million)

8.2.1.   By Component

8.2.2.   By Enterprise Size

8.2.3.   By Industry Type

8.2.4.   By Country       China       India       Japan       Australia

9.    Latin America Enterprise Asset Management Market

9.1. Key Regional Trends

9.2. Market estimates & forecast, 2019-2025 (USD Million)

9.2.1.   By Component

9.2.2.   By Enterprise Size

9.2.3.   By Industry Type

9.2.4.   By Country       Brazil       Argentina

10. Middle East & Africa Enterprise Asset Management Market

10.1.             Key Regional Trends

10.2.             Market estimates & forecast, 2019-2025 (USD Million)

10.2.1. By Component

10.2.2. By Enterprise Size

10.2.3. By Industry Type

10.2.4. By Country    Saudi Arabia    UAE

11. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, SWOT Analysis and Strategic Outlook)

11.1.             CGI

11.2.             IPS

11.3.             Maintenance Connection

11.4.             AVEVA

11.5.             RFgen

11.6.             AssetWorks

11.7.             UpKeep

11.8.             Ultimo Software Solutions

11.9.             IBM

11.10.          Oracle

11.11.          Other Prominent Players

12. Strategic Recommendation

*Financial Details Not Be Captured in Case of Unlisted Companies

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

Market Segmentation

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