Enterprise Asset Management Market
Posted by Venkatesh on September 3rd, 2018
According to the new market research report by IndustryARC titled “Enterprise Asset Management,By Services (Implementation, Managed Services & Support); Software Applications (Linear Assets, Assets MRO); By Organization Size (Small & Medium Businesses Large Enterprises); Application (Oil & Gas, Retail, BFSI, Others) - Forecast(2018 - 2023)” the market will be driven by technology advancements and new infrastructure demands.
North America will Dominate the Enterprise Asset Management Market
North America will dominate the Enterprise Asset Management Market in the forecast period. EAM solutions are increasing in countries such as US, Canada, Mexico, Hawaii, and Cuba. The other factors responsible for the growth of the market include technology advancements, stable economy and new infrastructure demands. Asia Pacific will be the fastest growing region. Industrialization and the need for manufacturing capacity will drive the growth of the Asia Pacific region.
Selected Regulatory Analysis Done in the Full Report:
The government industry is expected to hold the largest share in the Enterprise Asset Management Market in the forecast period. In the government industry, enterprise asset management assists in work management, risk management, asset valuation, and preventive maintenance. Projects from municipal authorities, governments, and utilities require a resource planning for delivering public asset management capabilities. EAM players such as Oracle, IBM Corporation, provide enterprise asset management solutions to meet the needs of the governments for taking care of public safety and ensuring regulatory compliance.
Selected Driving Factors Mentioned in the Full Report
Arrival of cloud deployment model and Big data integration with enterprise asset management will drive the demand for the EAM system.
Increasing penetration of IoT (Internet of Things) will enhance the growth of asset management.
Increasing investment in software will spur the growth of the EAM software.
Key Players of the Enterprise Asset Management Market
The Enterprise Asset Management Market is Segmented as Indicated Below:
A. Enterprise Asset Management Market By Services
B. Enterprise Asset Management Market By Software Applications
C. Enterprise Asset Management Market By Organisation Size
D. Enterprise Asset Management Market By Application
E. Enterprise Asset Management Market By Geography (17+ countries)
More than 10 companies are profiled in this report
H. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
What can you expect from the report?
The Enterprise Asset Management Market report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
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Mr. Venkat Reddy
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About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
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