Market Overview:
The global enterprise asset management (EAM) tool market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing adoption of cloud-based EAM tools and rising demand for EAM tools in various industries such as government, oil and gas, healthcare, transportation and logistics, manufacturing, energy and utilities, among others. North America is expected to hold the largest share of the global EAM tool market in 2018 followed by Europe. Asia Pacific is projected to be the fastest growing region during the forecast period owing to increasing investments by enterprises in this region for improving their operational efficiency.
 Tool Industry Outlook.svg)
Product Definition:
An EAM tool is a software application that enables an organization to manage its assets effectively. The importance of using an EAM tool is that it can help organizations improve their performance by optimizing the use of their assets. Additionally, it can help reduce costs and improve safety and security.
Cloud Based:
Cloud-based software is a type of service that allows users to access data or applications from remote locations through the internet. It provides on-demand remote access to resources (data or application) stored in the cloud. Cloud services offer shared computer networks, mass storage, and virtual computing environments for enterprises and individuals.
On-Premises:
On-premises software is a type of software that is installed and used directly by the end-users or enterprises. The on-premises software solutions are generally termed as “shrinkwrap” solutions, which are deployed in an unbranded or shrinkwrapped form. On the other hand, “branded” or “out of box” solutions have been installed and used without any additional customization.
The primary difference between on-premise.
Application Insights:
The manufacturing sector accounted for the largest market share in 2017 and is expected to grow at a significant rate over the forecast period. The growth of this industry can be attributed to increasing industrialization, particularly in developing countries like India and China. The manufacturing sector has been witnessing tremendous growth due to technological advancements, especially in automation technologies that have helped companies reduce their operating costs significantly. This trend is expected to continue over the forecast period with enterprises across various industries adopting enterprise asset management solutions as they help them manage their investments more effectively by tracking real-time financials of these assets.
The healthcare segment accounted for a considerable market share in 2017 owing to growing demand from hospitals and healthcare organizations for effective management of IT infrastructure & applications along with medical devices & equipment.
Regional Analysis:
The North American region accounted for the largest market share in 2017. The growth of the region can be attributed to the presence of a large number of manufacturing, energy and utilities, and other enterprises. In addition, various government initiatives are encouraging businesses to adopt enterprise asset management solutions so as to improve their operating efficiency and reduce costs. For instance, according to an article published by Government Technology in 2016 titled “Government IT Investments: Past Trends & Future Directionâ€; it was stated that over the past few years there has been a significant increase in federal spending on information technology systems with more than 50% budget going towards these systems every year since 2010 which is expected to reach nearly USD X billion by 2020.
Asia Pacific is expected to witness lucrative growth over the forecast period owing high investments being made by governments across countries such as China.
Growth Factors:
- Increasing demand for EAM tools from small and medium-sized businesses (SMBs) due to the growing awareness of the benefits of using such tools.
- The increasing trend of digitization across all industries is driving the adoption of EAM tools as they help organizations manage their physical and digital assets more effectively.
- Rapid urbanization and industrialization in developing countries is leading to an increase in the number of large infrastructure projects, which is subsequently fueling demand for EAM tools.
- The growing popularity of cloud-based solutions is helping to drive growth in the EAM tool market as it makes these tools more accessible and affordable for organizations of all sizes.
- The increasing focus on sustainability by businesses worldwide is prompting them to adopt asset management practices that can help reduce environmental impact, which is benefiting the growth prospects for EAM tool market
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Asset Management (EAM) Tool Market Research Report
By Type
Cloud Based, On-Premises
By Application
Government, Oil and Gas, Healthcare, Transportation and Logistics, Manufacturing, Energy and Utilities, Others (Retail, and metal and mining)
By Companies
ABB Ltd, CGI Group, Inc., Dude Solutions, Inc., eMaint, International Business Machines (IBM) Corporation, IFS AB, Infor, Oracle Corporation, Ramco Systems, SAP SE, Schneider Electric SA, Vesta Partners, 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise Asset Management (EAM) Tool Market Report Segments:
The global Enterprise Asset Management (EAM) Tool market is segmented on the basis of:
Types
Cloud Based, On-Premises
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
Government, Oil and Gas, Healthcare, Transportation and Logistics, Manufacturing, Energy and Utilities, Others (Retail, and metal and mining)
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:
- ABB Ltd
- CGI Group, Inc.
- Dude Solutions, Inc.
- eMaint
- International Business Machines (IBM) Corporation
- IFS AB
- Infor
- Oracle Corporation
- Ramco Systems
- SAP SE
- Schneider Electric SA
- Vesta Partners, LLC
 Tool Market Overview.svg)
Highlights of The Enterprise Asset Management (EAM) Tool 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
- On-Premises
- By Application:
- Government
- Oil and Gas
- Healthcare
- Transportation and Logistics
- Manufacturing
- Energy and Utilities
- Others (Retail, and metal and mining)
- 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 Enterprise Asset Management (EAM) Tool 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Tool 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?
Enterprise Asset Management (EAM) tools are software applications used to manage and track the physical, financial, and intellectual assets of an organization. These tools help organizations identify and track assets throughout their lifecycle, including acquisition, development, operation, maintenance/upkeep, disposal/recycling.
Some of the key players operating in the enterprise asset management (eam) tool market are ABB Ltd, CGI Group, Inc., Dude Solutions, Inc., eMaint, International Business Machines (IBM) Corporation, IFS AB, Infor, Oracle Corporation, Ramco Systems, SAP SE, Schneider Electric SA, Vesta Partners, LLC.
The enterprise asset management (eam) tool 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 Enterprise Asset Management (EAM) Tool 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 Enterprise Asset Management (EAM) Tool Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enterprise Asset Management (EAM) Tool 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 Enterprise Asset Management (EAM) Tool 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 Enterprise Asset Management (EAM) Tool Market Size & Forecast, 2020-2028
4.5.1 Enterprise Asset Management (EAM) Tool Market Size and Y-o-Y Growth
4.5.2 Enterprise Asset Management (EAM) Tool Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Government
6.2.2 Oil and Gas
6.2.3 Healthcare
6.2.4 Transportation and Logistics
6.2.5 Manufacturing
6.2.6 Energy and Utilities
6.2.7 Others (Retail
6.2.8 and metal and mining)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enterprise Asset Management (EAM) Tool 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 Enterprise Asset Management (EAM) Tool 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premises
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 Market Size Forecast by Applications
9.10.1 Government
9.10.2 Oil and Gas
9.10.3 Healthcare
9.10.4 Transportation and Logistics
9.10.5 Manufacturing
9.10.6 Energy and Utilities
9.10.7 Others (Retail
9.10.8 and metal and mining)
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premises
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 Market Size Forecast by Applications
10.10.1 Government
10.10.2 Oil and Gas
10.10.3 Healthcare
10.10.4 Transportation and Logistics
10.10.5 Manufacturing
10.10.6 Energy and Utilities
10.10.7 Others (Retail
10.10.8 and metal and mining)
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premises
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 Market Size Forecast by Applications
11.10.1 Government
11.10.2 Oil and Gas
11.10.3 Healthcare
11.10.4 Transportation and Logistics
11.10.5 Manufacturing
11.10.6 Energy and Utilities
11.10.7 Others (Retail
11.10.8 and metal and mining)
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premises
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 Market Size Forecast by Applications
12.10.1 Government
12.10.2 Oil and Gas
12.10.3 Healthcare
12.10.4 Transportation and Logistics
12.10.5 Manufacturing
12.10.6 Energy and Utilities
12.10.7 Others (Retail
12.10.8 and metal and mining)
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premises
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) Market Size Forecast by Applications
13.10.1 Government
13.10.2 Oil and Gas
13.10.3 Healthcare
13.10.4 Transportation and Logistics
13.10.5 Manufacturing
13.10.6 Energy and Utilities
13.10.7 Others (Retail
13.10.8 and metal and mining)
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 Enterprise Asset Management (EAM) Tool Market: Competitive Dashboard
14.2 Global Enterprise Asset Management (EAM) Tool Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB Ltd
14.3.2 CGI Group, Inc.
14.3.3 Dude Solutions, Inc.
14.3.4 eMaint
14.3.5 International Business Machines (IBM) Corporation
14.3.6 IFS AB
14.3.7 Infor
14.3.8 Oracle Corporation
14.3.9 Ramco Systems
14.3.10 SAP SE
14.3.11 Schneider Electric SA
14.3.12 Vesta Partners, LLC
