Enterprise Asset Management Market Set to Reach $8.9 Billion by 2025 - IBM, SAP and Oracle are the Forerunners of the Competition


Dublin, Sept. 19, 2019 (GLOBE NEWSWIRE) -- The "Global Enterprise Asset Management Market (2019-2025)" report has been added to ResearchAndMarkets.com's offering.

The Global Enterprise Asset Management Market size is expected to reach $8.9 billion by 2025, rising at a market growth of 10.3% CAGR during the forecast period.

Companies Profiled

  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • Infor Inc.
  • ABB Group
  • CGI Inc.
  • Aptean Inc.
  • AVEVA Group PLC
  • Upkeep Technologies Inc.
  • Ultimo Software Solutions Inc.

To manage resources, structures, equipment, IT and other commercial assets, enterprises demand EAM. Return on Assets (ROA) demonstrates how profitable the assets of a company are in revenue generation. EAM provides timely maintenance of resources that help avoid machine or machinery from malfunctioning and thus reduce downtime on the device.

EAM expands the existence of investments that preserve capital and save the financial and long term impact of the current resources being scrapped. EAM software optimizes business resources' usage and productivity and, therefore, improves the ROA in turn.

Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises. During the forecast period, the SMEs segment is anticipated to develop at a higher rate than that of the large enterprises segment. To stay competitive on the market, SMEs can leverage mobility-based low-cost EAM solutions. In addition, small and medium-sized enterprises with less financial strength than big companies will involve extra assistance from suppliers of enterprise asset management solutions to maximize their resource usage.

The market research report covers the analysis of key stake holders of the market. Key Companies Profiled in the report include IBM Corporation, Oracle Corporation, SAP SE, Infor, Inc., ABB Group, CGI, Inc., Aptean, Inc., AVEVA Group PLC, Upkeep Technologies, Inc. and Ultimo Software Solutions, Inc. Based on the analysis presented in the Cardinal matrix, IBM Corporation, SAP SE, and Oracle Corporation are some of the forerunners in the Enterprise Asset Management Market.

Market Segmentation

By Component

  • Solution
  • Inventory Management
  • Facility Management
  • Labor Management
  • Asset Lifecycle Management
  • Predictive Maintenance
  • Others
  • Services
  • Integration & Deployment
  • Advisory & Consulting
  • Support & Maintenance

By Organization Size

  • Large Enterprises
  • Small & Medium-Sized Enterprises

By Deployment Type

  • On Premise
  • Cloud

By End-user

  • Energy and Utilities
  • Healthcare & Life Sciences
  • Transportation and Logistics
  • Manufacturing
  • Telecom & IT
  • Government & Public Sector
  • Others

For more information about this report visit https://www.researchandmarkets.com/r/8mj9nt

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