Product Code: IFT191B
Highlights:
The global market for enterprise asset management is estimated to increase from $5.4 billion in 2023 to reach $10.0 billion by 2028, at a compound annual growth rate (CAGR) of 13.0% from 2023 through 2028.
North American market for enterprise asset management is estimated to increase from $2.0 billion in 2023 to reach $3.8 billion by 2028, at a compound annual growth rate (CAGR) of 13.4% from 2023 through 2028.
European market for enterprise asset management is estimated to increase from $1.7 billion in 2023 to reach $2.9 billion by 2028, at a compound annual growth rate (CAGR) of 11.3% from 2023 through 2028.
Report Scope:
This report analyzes a variety of developing technologies and their feasibility at present. The report covers various segments of the enterprise asset management market, breaking it down by component, asset type, network type, deployment, organization size, end users and region. Furthermore, it also sub-segmented the regional market analysis by major countries, such as the U.S., China, Germany, India, and others, where the opportunities for advanced technologies are lucrative. The report also includes ESG developments, coverage of emerging technologies and a survey of EAM-related patents published in past few years.
The study was prepared in a simple, easy-to-understand format; tables and figures are included to illustrate historical, current, and future market scenarios. The report also covers leading companies by providing information on product types, business footprints, revenue, etc. BCC Research has also included a list of other relevant companies in various global and regional markets. Also, the report features a patent analysis of the enterprise asset management market, which represents a significant investment area for investors.
The report incorporates the impact of the COVID-19 pandemic and the Russia-Ukraine war on the global and regional markets.
In this report, 2022 is used as the market's base year; estimated values are provided for 2023; and the market values are forecast from 2023 to 2028. All market values are provided in $ millions, and market shares and CAGRs are provided in percentages.
Report Includes:
- 65 data tables and 26 additional tables
- An overview and analysis of the global market for enterprise asset management (EAM) systems and their current and future commercial applications
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, 2026, and projections of compound annual growth rates (CAGRs) through 2028
- Estimate of the actual market size and revenue forecast for the global EAM market in USD millions, and a corresponding market share analysis based on component, asset type, deployment, size of enterprise, end-use industry, and region.
- In-depth information (facts and figures) pertaining to the major factors influencing the market with respect to specific growth trends, upcoming technologies, future prospects and contributions to the overall market
- Analysis of market growth opportunities with a holistic review of Porter's Five Forces and PESTLE analyses considering the micro- and macroeconomic factors prevailing in the market
- Review of the impacts of COVID-19 and the Russia-Ukraine war on the global and regional markets for EAM systems and applications
- Review of key patent grants and recent patent applications related to EAM, with emphasis on emerging technologies and upcoming developments
- Updates on recent mergers and acquisitions (M&A) activity, venture fundings, and other growth strategies from EAM vendors
- Identifying the key players in the market, and analysis of the competitive landscape based on recent developments, segmental revenues and operational integration
- Profiles of the leading global players, including ABB Ltd., Hexagon AB, IBM Corp., SAP SE, Oracle Corp., and IPS Intelligent Process Solutions GmbH
Table of Contents
Chapter 1 Introduction
- Overview
- Study Goals and Objectives
- Reasons for Doing This Study
- Scope of Report
- What's New in this Update?
- Research Methodology
- Research Steps
- Information Sources
- Geographic Breakdown
Chapter 2 Summary and Highlights
- Market Outlook
- Market Summary
Chapter 3 Market Overview
- Introduction
- Importance of EAM in Businesses
- Working Process of EAM Solution
- Benefits of EAM
- EAM Application and Industries
- Key Functions of EAM
- Value Chain Analysis for the Global Market for Enterprise Asset Management
- Porter's Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- The Threat of New Entrants
- Threat of Substitutes
- Competitive Rivalry
- PESTLE Analysis
- Impact of COVID-19 on the Global Market for Enterprise Asset Management
- Impact of Russia-Ukraine War on the Global Market for Enterprise Asset Management
Chapter 4 Market Dynamics
- Overview
- Market Drivers
- Increasing Usage of IoT Platforms and Devices to Manage Enterprise Assets
- Convergence of Technologies such as AI, IoT and Analytics
- Growing Popularity of SaaS-Based EAM Solutions
- Demand for Effective Management of Enterprise Resources
- Strategic Shift in Enterprises from Reactive to Predictive Approach
- Aging Infrastructure
- Market Restraints
- High Cost of EAM Solution
- Cybersecurity Risk
- Current Market Trends
- The Ongoing Trend for Integrating EAM with Big Data
- Increased Focus on Proactive Maintenance Practices
- Market Opportunities
- Growing Initiatives to Extend the Life Span of the Asset Using Advanced Technologies
- Increasing Trend for Deploying Cloud-Based EAM Solutions
Chapter 5 Market Breakdown by Segment
- Overview
- Software
- Services
Chapter 6 Market Breakdown by Asset Type
- Overview
- Production Equipment
- Linear Assets
- Facilities
- Fleet
- Others
Chapter 7 Market Breakdown by Deployment
- Overview
- On-premise
- Cloud
Chapter 8 Market Breakdown by Organization Size
- Overview
- Large Enterprises
- Small and Medium Enterprises
Chapter 9 Market Breakdown by End-Use Industry
- Overview
- Oil and Gas
- Machinery Manufacturing
- Aerospace and Defense
- Energy and Power
- Metal and Mining
- Retail
- Automotive
- Government Facilities
- Others
Chapter 10 Market Breakdown by Region
- Overview
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East and Africa
- South America
Chapter 11 ESG Development
- Overview
- Role of EAM in Achieving ESG Targets
- Role of EAM in Improving Sustainability
- Role of EAM in Addressing Net-Zero Targets
- Digitalization and ESG Transformation
- EAM Supports ESG
- Case Study: Examples of Successful Implementation of ESG
- Concluding Remarks from BCC
Chapter 12 Emerging Technologies and Developments
- Technology Overview
- Technological Trends in EAM
Chapter 13 Patent Analysis
- Overview
- Descriptions of Patents on Enterprise Asset Management
Chapter 14 M&A and Funding Outlook
- M&A Analysis
- Venture Capital in the Global Market for Enterprise Asset Management
Chapter 15 Competitive Intelligence
- Overview
- Market Share Analysis
- Strategic Analysis
- Product Launches
- Partnerships
- Mergers and Acquisitions
- Product Mapping Analysis
- Product Mapping Analysis by Deployment Model
Chapter 16 Company Profiles
- Overview
- ABB LTD.
- ACCRUENT
- APTEAN
- ASSETWORKS INC.
- AVEVA GROUP PLC
- CGI INC.
- EMAINT ENTERPRISES LLC
- HEXAGON AB
- IFS
- IBM CORP.
- IPS INTELLIGENT PROCESS SOLUTIONS GMBH
- ORACLE CORP.
- RFGEN SOFTWARE
- SAP SE
- SSG INSIGHT LTD.
- UPKEEP TECHNOLOGIES INC.
Chapter 17 Appendix: Acronyms