Enterprise Asset Management Market

Enterprise Asset Management Market by Component (Solutions, Services), Organization Size, Deployment Mode, Industry Vertical (Energy and Utilities, Government and Defense, Manufacturing, Transportation and Logistics), and Region - Global Forecast to 2024

Report Code: TC 3454 Aug, 2019, by marketsandmarkets.com

MarketsandMarkets forecasts the enterprise asset management market to grow from USD 5.1 billion in 2019 to USD 8.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period. The increasing demand for cloud-based EAM solutions and need to gain a 360-degree view of assets are some of the major factors expected to drive the growth of this market.

The objective of the report is to define, describe, and forecast the enterprise asset management market size based on component, deployment type, organization size, industry vertical, and region.

Enterprise Asset Management Market

Predictive maintenance solutions to grow at the highest CAGR during the forecast period

On the basis of solutions, the EAM market is segmented into asset lifecycle management, inventory management, work order management, labor management, predictive maintenance, facility management, and reporting and analytics. Predictive maintenance solutions is expected to be the fastest-growing segment in the market, due to increasing demand for innovative technologies such as AI and ML for predicting and preventing system errors and reducing the overall maintenance cost.

Small and medium-sized enterprise segment to grow at a higher rate during the forecast period

Based on organization size, the EAM market is segmented into large enterprises and small and medium-sized enterprises (SMEs). The SMEs segment is expected to grow at a higher rate during the forecast period as compared to the large enterprises segment. SMEs can leverage mobility-based low-cost EAM solutions to remain competitive in the market. Moreover, SMEs having less financial strength as compared to large enterprises will require additional support from enterprise asset management solutions providers to maximize the utilization of their resources.

Enterprise Asset Management Market

North America to hold the largest market size during the forecast period

North America is expected to hold the largest market size in the global EAM market, while Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. North America is expected to be the leading region in terms of adopting and developing EAM solutions. The increasing demand to adhere to stringent regulatory compliances, increasing the presence of EAM vendors and growing government support are major factors of the market growth during the forecast period. Heavy investments made by private and public sectors for managing vital assets and equipment, resulting in an increased demand for EAM solutions and services used to increase the asset life cycle and reduce overall maintenance cost is a major factor fueling the growth of the market in APAC.

Market Dynamics

Driver: Growing Demand for Cloud-Based EAM Solutions

The on-premise implementation of enterprise asset management solutions requires a lot of time and capital. It requires organizations to make significant investments in finding the right servers, storage devices, and communication infrastructure. Moreover, it requires skilled professionals to maintain the functioning of the system. On the other hand, cloud-based enterprise asset management solutions require little to no hardware other than mobile devices, tablets, or personal computers. They can be easily scaled to fit the needs of an organization. Additionally, there is far more reliability with a cloud-based system, because data centers are geographically dispersed along with storage. Asset-intensive organizations take advantage of the latest hardware, software, and communications features available in the market by adopting cloud-based enterprise asset management solutions. These solutions make it easier for organizations to gain business intelligence and optimize the use and value of enterprise assets.

Restraint: Concerns of Organizations Related to Data Security and Confidentiality

With the increasing digitization, there has been a corresponding rise in cyber-attacks. Hence, data security has become a major concern in organizations. Organizations embracing new advanced digital technologies are making their data vulnerable to risks. There is a significant rise in cyber-security concerns with the transfer of data from the field to the cloud, as malicious parties can attack servers, networks, and communication channels. Several enterprises are developing digital twin solutions to test and build various types of equipment for a virtual environment, predict asset condition, and unplanned failure. If these parameters are compromised, they can reveal elements of Intellectual Property (IP), including details of automation and control systems operations. Hence, service organizations from highly regulated industries hesitate to adopt modern enterprise asset management solutions.

Opportunity: Extending the Asset Lifecycle With the Help of Advanced Technologies

Digitization across different verticals are creating new opportunities for organizations to optimize their relationship with customers. Many asset-intensive organizations are focusing on investing in new and ground-breaking technologies to radically transform and improve their operational processes. In today’s highly competitive business environment, asset-intensive businesses succeed and fail based on how they manage complexity in the face of increased competition. Best-in-class organizations are embracing emerging technologies such as Augmented Reality (AR), Internet of Things (IoT), and Artificial Intelligence (AI), predictive maintenance, digital twin, and telematics as the next big thing in industrial services will be about accurately forecasting the future of physical assets. The impact of enterprise asset management solutions spreads further than simply boosting the bottom line. According to a few primary respondents and industry experts, organizations are readily adopting modern enterprise asset management solutions to increase the longevity of assets.

Challenge: Selecting the Right Solution That Aligns With the Organization’s Business Needs

It is very challenging for asset-intensive organizations to select a right solution out of a pool of options which can address their specific business requirements and thereby stay competent in an increasingly volatile and highly competitive environment. There is no specific way to assess the capabilities or service qualities of enterprise asset management solution. Data security is a priority across organizations as data loss may cost the company a hefty amount and could tarnish the brand image of the organization. Moreover, if the implemented solution fails to address any of the parameters, it would impact the day-to-day operations of enterprises and affect their workforce productivity, which may result in further capital loss.

Scope of the Report

Report Metric

Details

Market size available for years

2017–2024

Base year considered

2018

Forecast period

2019–2024

Forecast units

Billion (USD)

Segments covered

Components (Solutions and Services), Deployment Type, Organization Size, Industry Vertical, and Region

Geographies covered

North America, Europe, APAC, MEA, and Latin America

Companies covered

It includes 16 major vendors, namely, IBM (US), Oracle (US), IFS(Sweden), SAP (Germany), Infor (US), ABB(Switzerland), Aptean (US), CGI (Canada), IPS (Germany), Maintenance Connection (US), AVEVA (UK), AssetWorks (US), RFgen (US), eMaint (US), UpKeep (US), and Ultimo Software Solutions (UK).

The research report categorizes the EFSS to forecast the revenues and analyze the trends in each of the following sub-segments:

By component, the enterprise asset management market is segmented as follows:

  • Component
    • Solutions
      • Asset Lifecycle Management
      • Inventory Management
      • Work Order Management
      • Labor Management
      • Predictive Maintenance
      • Facility Management
      • Reporting and Analytics
    • Services
      • Professional Services
      • Managed Services

Based on deployment modes, the enterprise asset management market is segmented as follows:

  • On-premises
  • Cloud

By organization size, the enterprise asset management market is segmented as follows:

  • SMEs
  • Large Enterprises

Based on verticals, the enterprise asset management market is segmented as follows:

  • Energy and Utilities
  • Manufacturing
  • Healthcare and Life Sciences
  • Transportation and Logistics
  • IT and Telecom
  • Government and Defense
  • Others (real estate and retail)

By region, the enterprise asset management market is segmented as follows:

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • Rest of Europe
  • APAC
    • Australia and New Zealand (ANZ)
    • China
    • Rest of APAC
  • MEA
    • South Africa
    • United Arab Emirates (UAE)
    • Rest of MEA
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Key Market Players

IBM (US), Oracle (US), IFS (Sweden), SAP (Germany), Infor (US), ABB (Switzerland), Aptean (US), CGI (Canada), IPS (Germany), Maintenance Connection (US), AVEVA (UK), AssetWorks (US), RFgen (US), eMaint (US), UpKeep (US), and Ultimo Software Solutions (UK).

IBM (US) is an eminent player offering enterprise asset management solutions. IBM Maximo provides real-time visibility into asset usage, which helps in improving the ROA and widening functions across multiple sites. The focus of the company is on developing data analyzing and data handling software to serve rising customer demands. One-third of IBM’s research spending is focused on data, analytics, and cognitive computing. With a wide range of EAM solutions, IBM has established a strong presence in the EAM market and to gain a competitive edge in this market; the company constantly focuses on adopting different growth strategies. For instance, in April 2019, IBM collaborated with Sund & Bζlt to design and develop an AI-powered IoT solution and extends the IBM Maximo portfolio.

Recent Developments

  • In April 2019, IBM collaborated with Sund & Bζlt to design and develop an AI-powered IoT solution and extend the IBM Maximo portfolio.
  • In September 2018, Infor partnered with Eiffage to help them optimize the operational efficiency and maintain availability and performance of equipment used in construction sites.
  • In May 2018, IFS released a new version of its enterprise applications suite, IFS Applications 10 with more than 500 functional updates to help its clients use the modern solution suite powered with advanced technologies and drive better business results.

Critical questions the report answers:

  • Where will all these developments take the industry in the long term?
  • What are the upcoming trends for the enterprise asset management market?
  • Which segment provides the most opportunity for growth?
  • Who are the leading vendors operating in this market?
  • What are the opportunities for new market entrants?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regions Covered
    1.4 Years Considered for the Study
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology
  2.1 Research Data
      2.1.1 Secondary Data
            2.1.1.1 Key Data From Secondary Sources
      2.1.2 Primary Data
            2.1.2.1 Key Data From Primary Sources
            2.1.2.2 Key Industry Insights
            2.1.2.3 Breakdown Of Primary Interviews
  2.2 Market Size Estimation
      2.2.1 Bottom-Up Approach
      2.2.2 Top-Down Approach
  2.3 Market Breakdown And Data Triangulation
  2.4 Research Assumption And Limitation
      2.4.1 Assumptions
      2.4.2 Limitations

3 Executive Summary

4 Premium Insights
  4.1 Attractive Market Opportunities In The Enterprise Asset Management Market
  4.2 Enterprise Asset Management Market, By Application Area And Region
  4.3 Life Cycle Analysis, By Region

5 Enterprise Asset Management Market - Startup Scenario
  5.1 Startup Company Analysis By
      5.1.1  Global Footprint
      5.1.2 Revenue
      5.1.3 Market Ranking/Share Interval
      5.1.4 Venture Capital And Funding Scenario

6 Market Overview And Industry Trends
  6.1 Introduction
  6.2 Market Dynamics
      6.2.1 Drivers
            6.2.1.1 Growing Demand For Cloud-Based Eam Solutions
      6.2.2 Restraints
            6.2.2.1 Concerns Of Organizations Related To Data Security And Confidentiality
      6.2.3 Opportunities
            6.2.3.1 Extending The Asset Lifecycle With The Help Of Advanced Technologies
      6.2.4 Challenges
            6.2.4.1 Selecting The Right Solution That Aligns With The Organization’s Business Needs
  6.3 Use Cases
      6.3.1 Use Case 1
      6.3.2 Use Case 2
      6.3.3 Use Case 3
      6.3.4 Use Case 4
      6.3.5 Use Case 5
  6.4 Features/Functionalities
  6.5 Innovative Spotlight
      6.5.1 Advent Of Artificial Intelligence(Ai) And Machine Learning Into Enterprise Asset Management
      6.5.3 Emergence Of Real-Time Into Enterprise Asset Management

7 Enterprise Asset Management Market, By Component
  7.1 Introduction
  7.2 Solution
      7.2.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
      7.2.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.2.3 Asset Lifecycle Management
            7.2.3.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.2.3.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.2.4 Inventory Management
            7.2.4.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.2.4.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.2.5 Work Order Management
            7.2.5.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.2.5.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.2.6  Labor Management
            7.2.6.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.2.6.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.2.7 Predictive Maintenance
            7.2.7.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.2.7.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.2.8 Facility Management
            7.2.8.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.2.8.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.2.9 Reporting And Analytics
            7.2.9.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.2.9.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
  7.3 Services
      7.3.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
      7.3.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.3.3 Professional Services
      7.3.3.1Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.3.3.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
      7.3.4 Managed Services
            7.3.4.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
            7.3.4.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)

8 Enterprise Asset Management Market, By Deployment Mode
  8.1 Introduction
  8.2 On-Premises
      8.2.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
      8.2.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
  8.3 Cloud
      8.3.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
      8.3.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)

9 Enterprise Asset Management Market, By Organization Size
  9.1 Introduction
  9.2 Small And Medium-Sized Enterprises
      9.2.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
      9.2.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
  9.3 Large Enterprises
      9.3.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
      9.3.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)

10 Enterprise Asset Management Market, By Vertical
   10.1 Introduction
   10.2 It And Telecom
        10.2.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
        10.2.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
   10.3 Healthcare And Life Sciences
        10.3.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
        10.3.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
   10.4 Manufacturing
        10.4.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
        10.4.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
   10.5 Transportation And Logistics
        10.5.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
        10.5.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
   10.6 Government And Defense
        10.6.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
        10.6.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
   10.7 Energy And Utilities
        10.7.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
        10.7.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)
   10.8 Others
        10.8.1 Market Estimates And Forecasts, 2017 - 2024 (Usd Million)
        10.8.2 Market Estimates And Forecasts, By Region, 2017 - 2024 (Usd Million)

11 Adjacent Market Overview
   11.1 Fixed Asset Management Software Market
        11.1.1 Market Estimates And Forecasts, 2015 - 2022 (Usd Million)
        11.1.2 Market Estimates And Forecasts, By Region, 2015 - 2022 (Usd Million)
   11.2 Workforce Management Market
        11.2.1 Market Estimates And Forecasts, 2016 - 2023 (Usd Million)
        11.2.2 Market Estimates And Forecasts, By Region, 2016 - 2023 (Usd Million)
   11.3 Software Asset Management Market
        11.3.1 Market Estimates And Forecasts, 2015 - 2022 (Usd Million)
        11.3.2 Market Estimates And Forecasts, By Region, 2015 - 2022 (Usd Million)

12 Enterprise Asset Management Market, By Region
   12.1 Introduction
   12.2 North America
        12.2.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
        12.2.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
        12.2.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
        12.2.4 Market Estimates And Forecasts, By Vertical, 2017 - 2024 (Usd Million)
        12.2.5 Market Estimates And Forecasts, By Country, 2017 - 2024 (Usd Million)
        12.2.6 Us
               12.2.6.1  Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
               12.2.6.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
               12.2.6.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
               12.2.6.4 Market Estimates And Forecasts, By Vertical, 2017 - 2024 (Usd Million)
        12.2.7 Canada
   12.3 Europe
        12.3.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
        12.3.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
        12.3.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
        12.3.4 Market Estimates And Forecasts, By Industry Vertical, 2017 - 2024 (Usd Million)
        12.3.5 Market Estimates And Forecasts, By Country, 2017 - 2024 (Usd Million)
        12.3.6 U.K
               12.2.6.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
               12.2.6.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
               12.2.6.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
               12.2.6.4 Market Estimates And Forecasts, By Industry Vertical, 2017 - 2024 (Usd Million)
        12.3.7 Germany
        12.3.8 Italy
        12.3.9 France
        12.3.10 Rest Of Europe
   12.4 Asia Pacific
        12.4.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
        12.4.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
        12.4.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
        12.4.4 Market Estimates And Forecasts, By Industry Vertical, 2017 - 2024 (Usd Million)
        12.4.5 Market Estimates And Forecasts, By Country, 2017 - 2024 (Usd Million)
        12.4.6 China
               12.4.6.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
               12.4.6.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
               12.4.6.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
               12.4.6.4 Market Estimates And Forecasts, By Industry Vertical, 2017 - 2024 (Usd Million)
        12.4.7 Australia And New Zealand
        12.4.8 Japan
        12.4.9 Rest Of Apac
   12.5 Middle East And Africa
        12.5.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
        12.5.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
        12.5.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
        12.5.4 Market Estimates And Forecasts, By Industry Vertical, 2017 - 2024 (Usd Million)
        12.5.5 Market Estimates And Forecasts, By Country, 2017 - 2024 (Usd Million)
        12.5.6 Uae
               12.5.6.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
               12.5.6.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
               12.5.6.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
               12.5.6.4 Market Estimates And Forecasts, By Industry Industry Vertical, 2017 - 2024 (Usd Million)
        12.5.7 South Africa
        12.5.8 Rest Of Mea
   12.6 Latin America
        12.6.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
        12.6.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
        12.6.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
        12.6.4 Market Estimates And Forecasts, By Industry Vertical, 2017 - 2024 (Usd Million)
        12.6.5 Market Estimates And Forecasts, By Country, 2017 - 2024 (Usd Million)
        12.6.6 Brazil
               12.6.6.1 Market Estimates And Forecasts By Component, 2017 - 2024 (Usd Million)
               12.6.6.2 Market Estimates And Forecasts, By Deployment Mode, 2017 - 2024 (Usd Million)
               12.6.6.3 Market Estimates And Forecasts, By Organization Size, 2017 - 2024 (Usd Million)
               12.6.6.4 Market Estimates And Forecasts, By Industry Industry Vertical, 2017 - 2024 (Usd Million)
        12.6.7 Mexico
        12.6.8 Rest Of Latin America

13 Competitive Landscape
   13.1 Overview
   13.2 Competitive Scenario
        13.3.1 New Product Launches
        13.3.2 Business Expansions
        13.3.3 Mergers And Acquisitions
        13.3.4 Agreements, Partnerships, And Collaborations
   13.3 Competitive Leadership Mapping
        13.3.1 Visionary Leaders
               13.3.1.1 Definition
               13.3.1.2 List Of Vendors
        13.3.2 Innovators
               13.3.2.1 Definition
               13.3.2.2 List Of Vendors
        13.3.3 Emerging Companies
               13.3.3.1 Definition
               13.3.3.2 List Of Vendors
               13.3.4 Dynamic Differnetators
               13.3.4.1 Definition
               13.3.4.2 List Of Vendors

14 Enterprise Asset Management Market - Industry / Segment Competition Landscape
   14.1 Market Share Analysis
        14.1.1 Market Share By Company (Ranking/Interval Share)
        14.1.2 Market Share By Region- Top 10 Companies (Ranking/Interval Share)
   14.2 Product Benchmarking
        14.2.1 Product Benchmarking By Top 10 Companies
               14.2.1.1 By Deployment Mode
               14.2.1.2 By End Users

15 Company Profile
   15.1 Overview
   15.2 Oracle
        15.2.1 Business Overview
        15.2.2 Company Snapshot
        15.2.3 Financial Overview
(Operating Income & R&D Expenditure, Business & Geographical Revenue Mix)
        15.2.4 Products Offered
        15.2.5 Recent Development
               15.2.5.1  New Product Launched/Product Updates
               15.2.5.1 Merger & Acquisition/Joint Venture/ Partnership
        15.2.6 Swot Analysis
        15.2.7 Mnm View
   15.3 Ifs
   15.4 Infor
   15.5 Ibm
   15.6 Sap
   15.7 Abb
   15.8 Intelligent Process Solutions (Ips)
   15.9 Maintenance Connection
   15.10 Aveva
   15.11 Aptean
   15.12 Emaint
   15.13 Cgi
   15.14 Upkeep
   15.15 Rfgen Software
   15.16 Assetworks
   15.17 Ultimo Software Solutions
*Financials Would Be Provided On A Best Efforts Basis For Private Companies

16 Appendix
   16.1 Insights Of Industry Experts
   16.2 Discussion Guide
   16.3 Available Customizations
   16.4 Related Reports


List Of Tables (119 Tables)

Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Factor Analysis
Table 3 Startup Scenario: Global Footprint, 2019
Table 4 Startup Scenario: Revenue, 2019
Table 5 Startup Scenario: Market Ranking/Share Interval, 2019
Table 6 Startup Scenario: Venture Capital/Funding, 2019
Table 7 Enterprise Asset Management Market Size And Growth Rate, 2017–2024 (Usd Million, Y-O-Y %)
Table 8 Market Size By Solution, 2017–2024 (Usd Million)
Table 9 Solution: Market Size By Region, 2017–2024 (Usd Million)
Table 10 Asset Lifecycle Management: Market Size By Region, 2017–2024 (Usd Million)
Table 11 Inventory Management: Market Size By Region, 2017–2024 (Usd Million)
Table 12 Work Order Management: Market Size, By Region, 2017–2024 (Usd Million)
Table 13 Labor Management: Market Size, By Region, 2017–2024 (Usd Million)
Table 14 Predictive Maintenance: Market Size, By Region, 2017–2024 (Usd Million)
Table 15 Facility Management: Market Size, By Region, 2017–2024 (Usd Million)
Table 16 Reporting And Analytics: Market Size, By Region, 2017–2024 (Usd Million)
Table 17 Enterprise Asset Management Market Size, By Service, 2017–2024 (Usd Million)
Table 18 Services: Market Size By Region, 2017–2024 (Usd Million)
Table 19 Professional Services Market Size, By Region, 2017–2024 (Usd Million)
Table 20 Managed Services Market Size, By Region, 2017–2024 (Usd Million)
Table 21 Market Size, By Deployment Type, 2017–2024 (Usd Million)
Table 22 On-Premises: Market Size By Region, 2017–2024 (Usd Million)
Table 23 Cloud: Market Size By Region, 2017–2024 (Usd Million)
Table 24 Market Size, By Organization Size, 2017–2024 (Usd Million)
Table 25 Small And Medium-Sized Enterprises: Market Size By Region, 2017–2024 (Usd Million)
Table 26 Large Enterprises: Market Size By Region, 2017–2024 (Usd Million)
Table 27 Market Size, By Industry Vertical, 2017–2024 (Usd Million)
Table 28 IT And Telecom: Market Size By Region, 2017–2024 (Usd Million)
Table 29 Healthcare And Life Sciences: Market Size By Region, 2017–2024 (Usd Million)
Table 30 Manufacturing: Market Size, By Region, 2017–2024 (Usd Million)
Table 31 Transportation And Logistics: Market Size By Region, 2017–2024 (Usd Million)
Table 32 Government And Defense: Market Size By Region, 2017–2024 (Usd Million)
Table 33 Energy And Utilities: Market Size By Region, 2017–2024 (Usd Million)
Table 34 Others: Market Size By Region, 2017–2024 (Usd Million)
Table 35 Enterprise Asset Management Market Size, By Region, 2017–2024 (Usd Million)
Table 36 Connected Market-Fixed Asset Management Software: Market Size, By Region, 2016–2024 (Usd Billion)
Table 37 Connected Market-Workforce Management: Market Size, By Region, 2017–2024 (Usd Billion)
Table 38 Connected Market-Software Asset Management: Market Size, By Region, 2016–2023 (Usd Billion)
Table 39 North America: Market Size By Solutions, 2017–2024 (Usd Million)
Table 40 North America: Market Size By Service, 2017–2024 (Usd Million)
Table 41 North America: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 42 North America: Market Size By Organization Size, 2017–2024 (Usd Million)
Table 43 North America: Market Size By Industry Vertical, 2017–2024 (Usd Million)
Table 44 North America: Market Size By Country, 2017–2024 (Usd Million)
Table 45 United States: Market Size By Solutions, 2017–2024 (Usd Million)
Table 46 United States: Market Size By Service, 2017–2024 (Usd Million)
Table 47 United States: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 48 Canada: Market Size By Solutions, 2017–2024 (Usd Million)
Table 49 Canada: Market Size By Service, 2017–2024 (Usd Million)
Table 50 Canada: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 51 Europe: Market Size By Solutions, 2017–2024 (Usd Million)
Table 52 Europe: Market Size By Service, 2017–2024 (Usd Million)
Table 53 Europe: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 54 Europe: Market Size By Organization Size, 2017–2024 (Usd Million)
Table 55 Europe: Market Size By Industry Vertical, 2017–2024 (Usd Million)
Table 56 Europe: Market Size By Country, 2017–2024 (Usd Million)
Table 57 UK : Market Size By Solutions, 2017–2024 (Usd Million)
Table 58 UK : Market Size By Service, 2017–2024 (Usd Million)
Table 59 UK : Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 60 Germany: Market Size By Solutions, 2017–2024 (Usd Million)
Table 61 Germany: Market Size By Service, 2017–2024 (Usd Million)
Table 62 Germany: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 63 Italy: Market Size By Solutions, 2017–2024 (Usd Million)
Table 64 Italy: Market Size By Service, 2017–2024 (Usd Million)
Table 65 Italy: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 66 France: Market Size By Solutions, 2017–2024 (Usd Million)
Table 67 France: Market Size By Service, 2017–2024 (Usd Million)
Table 68 France: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 69 Rest of Europe: Market Size By Solutions, 2017–2024 (Usd Million)
Table 70 Rest of Europe: Market Size By Service, 2017–2024 (Usd Million)
Table 71 Rest of Europe: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 72 APAC: Market Size By Solutions, 2017–2024 (Usd Million)
Table 73 APAC: Market Size By Service, 2017–2024 (Usd Million)
Table 74 APAC: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 75 APAC: Market Size By Organization Size, 2017–2024 (Usd Million)
Table 76 APAC: Market Size By Industry Vertical, 2017–2024 (Usd Million)
Table 77 APAC: Market Size By Country, 2017–2024 (Usd Million)
Table 78 China: Market Size By Solutions, 2017–2024 (Usd Million)
Table 79 China: Market Size By Service, 2017–2024 (Usd Million)
Table 80 China: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 81 Australia And New Zealand: Market Size By Solutions, 2017–2024 (Usd Million)
Table 82 Australia And New Zealand: Market Size By Service, 2017–2024 (Usd Million)
Table 83 Australia And New Zealand: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 84 Japan: Market Size By Solutions, 2017–2024 (Usd Million)
Table 85 Japan: Market Size By Service, 2017–2024 (Usd Million)
Table 86 Japan: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 87 Rest Of Apac: Market Size By Solutions, 2017–2024 (Usd Million)
Table 88 Rest Of APAC: Market Size By Service, 2017–2024 (Usd Million)
Table 89 Rest Of APAC: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 90 Latin America: Market Size By Solutions, 2017–2024 (Usd Million)
Table 91 Latin America: Market Size By Service, 2017–2024 (Usd Million)
Table 92 Latin America: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 93 Latin America: Market Size By Organization Size, 2017–2024 (Usd Million)
Table 94 Latin America: Market Size By Industry Vertical, 2017–2024 (Usd Million)
Table 95 Latin America: Market Size By Country, 2017–2024 (Usd Million)
Table 96 Brazil: Market Size By Solution, 2017–2024 (Usd Million)
Table 97 Brazil: Market Size By Service, 2017–2024 (Usd Million)
Table 98 Brazil: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 99 Mexico: Market Size By Solution, 2017–2024 (Usd Million)
Table 100 Mexico: Market Size By Service, 2017–2024 (Usd Million)
Table 101 Mexico: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 102 Rest Of Latin America: Market Size By Solution, 2017–2024 (Usd Million)
Table 103 Rest Of Latin America: Market Size By Service, 2017–2024 (Usd Million)
Table 104 Rest Of Latin America: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 105 MEA: Market Size By Solutions, 2017–2024 (Usd Million)
Table 106 MEA: Market Size By Service, 2017–2024 (Usd Million)
Table 107 MEA: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 108 MEA: Market Size By Organization Size, 2017–2024 (Usd Million)
Table 109 MEA: Market Size By Industry Vertical, 2017–2024 (Usd Million)
Table 110 MEA: Market Size By Country, 2017–2024 (Usd Million)
Table 111 UAE: Market Size By Solution, 2017–2024 (Usd Million)
Table 112 UAE: Market Size By Service, 2017–2024 (Usd Million)
Table 113 UAE: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 114 South Africa: Market Size By Solution, 2017–2024 (Usd Million)
Table 115 South Africa: Market Size By Service, 2017–2024 (Usd Million)
Table 116 South Africa: Market Size By Deployment Model, 2017–2024 (Usd Million)
Table 117 Rest Of MEA: Market Size By Solution, 2017–2024 (Usd Million)
Table 118 Rest Of MEA: Market Size By Service, 2017–2024 (Usd Million)
Table 119 Rest Of MEA: Market Size By Deployment Model, 2017–2024 (Usd Million)

List Of Figures (32 Figures)

Figure 1 Enterprise Asset Management Market: Research Design
Figure 2 Enterprise Asset Management: Top-Down And Bottom-Up Approaches
Figure 3 Large Enterprises Segment To Hold The Largest Market Share In The Eam Market In 2019
Figure 4 North America Estimated To Account For The Largest Share Of The Market In 2019
Figure 5 Growing Need To Gain 360 Degree View Of Assets Is One Of The Major Factors Expected To Drive The Growth Of Market
Figure 6 Energy And Utilities Vertical Expected To Account For The Largest Share Of The North American Market In 2019
Figure 7 Enterprise Asset Management Market In Australia And New Zealand Expected To Grow At The Highest Rate During The Forecast Period
Figure 8 Drivers, Restraints, Opportunities, And Challenges
Figure 9 Services Segment Projected To Grow At A Higher Cagr During The Forecast Period As Compared To The Solutions Segment
Figure 10 Predictive Maintenance Segment Projected To Grow At The Highest Cagr During The Forecast Period
Figure 11 Professional Services Segment Expected To Lead Enterprise Asset Management Market During Forecast Period
Figure 12 Cloud Segment To Grow At A Higher Cagr During Forecast Period As Compared To On-Premises Segment
Figure 13 Small And Medium-Sized Enterprises Segment To Grow At A Higher Cagr During The Forecast Period As Compared To Large Enterprises Segment
Figure 14 Transportation And Logistics Vertical Expected To Grow At The Highest Cagr During The Forecast Period
Figure 15 Enterprise Asset Management Market In Asia Pacific Expected To Grow At The Highest Cagr During The Forecast Period
Figure 16 North America Market Snapshot
Figure 17 Asia Pacific Market Snapshot
Figure 18 Key Developments In The Market During 2018–2019
Figure 19 Enterprise Asset Management Market (Global) Competitive Leadership Mapping, 2019
Figure 20 Key Players Of The Market 2018
Figure 21 Oracle: Company Snapshot
Figure 22 Oracle: Swot Analysis
Figure 23 Ifs: Company Snapshot
Figure 24 IFS: Swot Analysis
Figure 25 Infor: Company Snapshot
Figure 26 Infor: Swot Analysis
Figure 27 Ibm: Company Snapshot
Figure 28 IBM: Swot Analysis
Figure 29 Sap: Company Snapshot
Figure 30 Abb: Company Snapshot
Figure 31 Swot Analysis: Abb
Figure 32 Aveva: Company Snapshot

The study involved 4 major activities in estimating the current market size for the enterprise asset management (EAM) market. Exhaustive secondary research was done to collect information on the enterprise asset management market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the market.

Secondary Research

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva, have been referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, whitepapers, certified publications and articles by recognized authors, gold standard and silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The EAM market comprises several stakeholders, such as EAM vendors, cloud solution providers, system integrators, professional service providers, resellers and distributors, research organizations, government agencies, enterprise users, venture capitalists, private equity firms, and startup companies. The demand side of the enterprise asset management market consists of enterprises from different verticals, such as IT and telecom, healthcare and life sciences, manufacturing, transportation and logistics, government and defense, energy and utilities, and others (real estate and retail). The supply-side includes enterprise asset management providers, offering enterprise asset management solutions and services. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakup of the primary respondents:

Enterprise Asset Management Market

To know about the assumptions considered for the study, download the pdf brochure

Enterprise Asset Management Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the EAM market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. The data triangulation and market breakup procedures were employed, wherever applicable to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Various factors impacting the enterprise asset management market, such as recent developments, regulations, technology maturity, research and development, IT spending, cloud deployment, mergers & acquisitions, and partnerships were considered in the study.

Report Objectives

  • To define, describe, and forecast the enterprise asset management market by component, deployment mode, organization size, vertical, and region
  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the EAM market
  • To analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the total market
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To forecast the size of the market segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America
  • To profile the key players in the market and comprehensively analyze their market share and core competencies
  • To track and analyze competitive developments, such as new product launches, mergers & acquisitions, partnerships, agreements, and collaborations in the EAM market

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakup of the European enterprise asset management market into countries
  • Further breakup of the APAC market into countries
  • Further breakup of the MEA market into countries
  • Further breakup of the Latin American market into countries

Company Information

  • Detailed analysis and profiling of additional market players

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Report Code
TC 3454
Published ON
Aug, 2019
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