Market Overview:
The global engineering information management (EIM) solutions market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for EIM solutions from various industries, such as telecom expense management, enterprise content management (ECM), digital process automation, customer experience management (CEM), and B2B integration. Additionally, the growing trend of cloud-based deployment is also contributing to the growth of this market. North America is expected to hold the largest share in this market during the forecast period followed by Europe and Asia Pacific.
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Product Definition:
Engineering Information Management (EIM) Solutions is the process of managing, organizing and distributing information related to engineering projects. EIM Solutions are important because they help engineers manage large amounts of data and keep track of project progress. They also make it easier for team members to share information and collaborate on projects.
Cloud Based:
Cloud-based EIM solutions are expected to gain traction over the forecast period owing to factors such as low cost of implementation, high scalability and flexibility, easy accessibility from any location, and real-time data tracking. The technology is anticipated to witness significant growth in the forthcoming years due to its ability of handling large amounts of unstructured data.
Local Deployment:
Local deployment is a method of installing software or applications on computers present within an organization. The advantage of local deployment is that the IT team has complete control over all systems and can set up policies to manage access, updates, and system upgrades as per their choice. Local deployments also help in reducing costs related to support & maintenance along with infrastructure management which further helps organizations in focusing on core business processes.
Application Insights:
The telecom expense management segment dominated the global engineering information management (EIM) solutions market in 2017. The growing demand for EIM solutions to reduce costs and optimize resources is expected to drive the growth of this segment over the forecast period.
Telecom expense management accounted for a revenue share of 29.1% in 2017 owing to its ability to provide real-time visibility into spending patterns, identify areas of cost savings, and offer actionable recommendations on improving business operations through effective communication between departments within an organization.
Enterprise content management (ECM) application is projected register a significant CAGR during the forecast period owing to its benefits such as improved collaboration across departments by enabling easy access and sharing of information, reduced time consumed on data entry & maintenance tasks, increased productivity by reducing paper work etc.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to the increasing demand for cost-effective and efficient engineering information management solutions, along with rising adoption of cloud computing. Furthermore, presence of major players such as Siemens AG; Infosys Ltd.; HCL America Inc.; Cognizant; and DXC Technology Companies are contributing towards regional growth.
Asia Pacific is estimated to be the fastest-growing region over the forecast period owing to factors such as growing infrastructure activities coupled with increasing government spending on transportation projects in countries like China and India. In addition, rising number of manufacturing facilities by companies like Samsung Electronics Co., Ltd., Sony Corporation; Hyundai Motor Company Limited; Honda Motor Co., Ltd.; Toyota Industries Corporation; Nissan Motors Ltd.; among others will drive regional growth further.
Growth Factors:
- Increased demand for data-driven decision making: The need for timely and accurate information is driving the demand for EIM solutions. Organizations are looking to manage and make use of all the data they have to improve their business performance.
- Growing popularity of big data and analytics: The growth of big data and analytics is fueling the demand for EIM solutions as these technologies require sophisticated management capabilities to be effective.
- Proliferation of mobile devices and BYOD policies: The proliferation of mobile devices is creating new opportunities for organizations to collect, process, and use information in real time. BYOD policies are also contributing to this trend by allowing employees to access corporate information from any device or location.
- Emergence of cloud computing: Cloud computing is making it easier for organizations to deploy EIM solutions quickly and at a lower cost than traditional on-premises implementations would require."5) Increasing regulatory compliance requirements: Regulatory compliance requirements are forcing organizations across all industries sectors to implement more rigorous controls over their information management processes."
Scope Of The Report
Report Attributes
Report Details
Report Title
Engineering Information Management (EIM) Solutions Market Research Report
By Type
Cloud Based, Local Deployment
By Application
Telecom Expense Management, Enterprise Content Management (ECM), Digital Process Automatione, Customer Experience Management (CEM), B2B Integration, EDI
By Companies
Autodesk, Inc., Aveva Group plc, Bentley Systems Incorporated, Accruent (Fortive), Cadac Group, Everteam (KYOCERA), Hexagon AB, OpenText Corp., Idox Plc, SAP SE, Synergis Technologies LLC.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Engineering Information Management (EIM) Solutions Market Report Segments:
The global Engineering Information Management (EIM) Solutions market is segmented on the basis of:
Types
Cloud Based, Local Deployment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Telecom Expense Management, Enterprise Content Management (ECM), Digital Process Automatione, Customer Experience Management (CEM), B2B Integration, EDI
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Autodesk, Inc.
- Aveva Group plc
- Bentley Systems Incorporated
- Accruent (Fortive)
- Cadac Group
- Everteam (KYOCERA)
- Hexagon AB
- OpenText Corp.
- Idox Plc
- SAP SE
- Synergis Technologies LLC.
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Highlights of The Engineering Information Management (EIM) Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Local Deployment
- By Application:
- Telecom Expense Management
- Enterprise Content Management (ECM)
- Digital Process Automatione
- Customer Experience Management (CEM)
- B2B Integration
- EDI
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Engineering Information Management (EIM) Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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 Solutions Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Engineering information management (EIM) solutions are a set of tools and processes used to manage, organize, and access engineering data. EIM solutions can help engineers find the right information quickly and easily, make better decisions based on data analysis, and improve communication with other members of the engineering team.
Some of the major companies in the engineering information management (eim) solutions market are Autodesk, Inc., Aveva Group plc, Bentley Systems Incorporated, Accruent (Fortive), Cadac Group, Everteam (KYOCERA), Hexagon AB, OpenText Corp., Idox Plc, SAP SE, Synergis Technologies LLC..
The engineering information management (eim) solutions market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Engineering Information Management (EIM) Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Engineering Information Management (EIM) Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Engineering Information Management (EIM) Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Engineering Information Management (EIM) Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Engineering Information Management (EIM) Solutions Market Size & Forecast, 2018-2028
4.5.1 Engineering Information Management (EIM) Solutions Market Size and Y-o-Y Growth
4.5.2 Engineering Information Management (EIM) Solutions Market Absolute $ Opportunity
Chapter 5 Global Engineering Information Management (EIM) Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Engineering Information Management (EIM) Solutions Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Local Deployment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Engineering Information Management (EIM) Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Engineering Information Management (EIM) Solutions Market Size Forecast by Applications
6.2.1 Telecom Expense Management
6.2.2 Enterprise Content Management (ECM)
6.2.3 Digital Process Automatione
6.2.4 Customer Experience Management (CEM)
6.2.5 B2B Integration
6.2.6 EDI
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Engineering Information Management (EIM) Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Engineering Information Management (EIM) Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Engineering Information Management (EIM) Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Engineering Information Management (EIM) Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Engineering Information Management (EIM) Solutions Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Local Deployment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Engineering Information Management (EIM) Solutions Market Size Forecast by Applications
9.10.1 Telecom Expense Management
9.10.2 Enterprise Content Management (ECM)
9.10.3 Digital Process Automatione
9.10.4 Customer Experience Management (CEM)
9.10.5 B2B Integration
9.10.6 EDI
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Engineering Information Management (EIM) Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Engineering Information Management (EIM) Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Engineering Information Management (EIM) Solutions Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Local Deployment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Engineering Information Management (EIM) Solutions Market Size Forecast by Applications
10.10.1 Telecom Expense Management
10.10.2 Enterprise Content Management (ECM)
10.10.3 Digital Process Automatione
10.10.4 Customer Experience Management (CEM)
10.10.5 B2B Integration
10.10.6 EDI
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Engineering Information Management (EIM) Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Engineering Information Management (EIM) Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Engineering Information Management (EIM) Solutions Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Local Deployment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Engineering Information Management (EIM) Solutions Market Size Forecast by Applications
11.10.1 Telecom Expense Management
11.10.2 Enterprise Content Management (ECM)
11.10.3 Digital Process Automatione
11.10.4 Customer Experience Management (CEM)
11.10.5 B2B Integration
11.10.6 EDI
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Engineering Information Management (EIM) Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Engineering Information Management (EIM) Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Engineering Information Management (EIM) Solutions Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Local Deployment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Engineering Information Management (EIM) Solutions Market Size Forecast by Applications
12.10.1 Telecom Expense Management
12.10.2 Enterprise Content Management (ECM)
12.10.3 Digital Process Automatione
12.10.4 Customer Experience Management (CEM)
12.10.5 B2B Integration
12.10.6 EDI
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Engineering Information Management (EIM) Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Engineering Information Management (EIM) Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Engineering Information Management (EIM) Solutions Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Local Deployment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Engineering Information Management (EIM) Solutions Market Size Forecast by Applications
13.10.1 Telecom Expense Management
13.10.2 Enterprise Content Management (ECM)
13.10.3 Digital Process Automatione
13.10.4 Customer Experience Management (CEM)
13.10.5 B2B Integration
13.10.6 EDI
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Engineering Information Management (EIM) Solutions Market: Competitive Dashboard
14.2 Global Engineering Information Management (EIM) Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Autodesk, Inc.
14.3.2 Aveva Group plc
14.3.3 Bentley Systems Incorporated
14.3.4 Accruent (Fortive)
14.3.5 Cadac Group
14.3.6 Everteam (KYOCERA)
14.3.7 Hexagon AB
14.3.8 OpenText Corp.
14.3.9 Idox Plc
14.3.10 SAP SE
14.3.11 Synergis Technologies LLC.
