Market Overview:
The global fixed asset management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of cloud-based fixed asset management software and the growing demand for automated solutions for managing assets. The global fixed asset management software market is segmented on the basis of type, application, and region. On the basis of type, it is divided into cloud-based and on-premise Fixed Asset Management Software (FAMS). Cloud-based FAMS are expected to witness higher growth during the forecast period as they offer several advantages such as scalability, flexibility, and low cost of ownership over traditional on-premise FAMS. On the basis of application, it is segmented into large enterprise and SMEs. Large enterprises are expected to account for a larger share in terms of revenue in this market owing to their need for sophisticated features such as workflow automation and compliance reporting capabilities in order to manage their growing number of assets globally.
Product Definition:
Fixed Asset Management Software is used to track, manage and account for fixed assets. This software can help organizations keep track of their valuable fixed assets, depreciation values, and other important information.
Cloud Based:
Cloud-based software is a type of software service model that provides shared computer resources over the internet. It uses cloud technology which is an virtual environment where data and applications are stored and run from remote servers. The major advantage of this service model is that it offers benefits such as easy accessibility, cost efficiency, flexibility, scalability and reliability which increases productivity for organizations.
On-Premise:
On-premise software is a type of cloud computing software that is installed and used on the end-users' computers, servers, laptops or mobile devices. The software can be installed on any device with an internet connection. On-premise Software solutions are mainly used for managing fixed assets such as equipment, inventory and other physical assets in an organization.
Application Insights:
The large enterprise segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to factors such as increasing demand for GAVS solutions by large enterprises due to their complex IT infrastructure and heavy workloads. Furthermore, growing adoption of these applications across various industries including oil & gas, retail, telecom etc., on account of improving operational efficiency is further expected to drive the growth over the forecast period.
The SMEs segment is anticipated register a significant CAGR during the forecast period owing to increasing penetration in emerging economies such as India, China etc., where small-to-medium sized businesses (SMEs) are adopting cloud based FABMs with an aim towards reducing fixed costs associated with management of physical assets. Furthermore, streamlining processes through digitization has enabled SMEs access advanced information regarding inventory levels which in turn will fuel industry expansion over next few years.
Regional Analysis:
The North America region accounted for the largest revenue share in 2017. The growth can be attributed to the increasing adoption of FAST software by enterprises in U.S. and Canada for tracking, reporting, and analysis of fixed assets. The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to increased spending on IT infrastructure in countries such as India and China along with rising number of small & medium enterprises (SMEs).
Growth Factors:
- Increasing demand for automation in the fixed asset management process to improve efficiency and accuracy
- Proliferation of big data and analytics, which can be used to drive better decision-making around fixed assets
- The need for businesses to comply with new regulations and standards related to fixed asset management
- The growing trend of outsourcing certain aspects of the fixed asset management process in order to save time and resources
- The increasing use of mobile devices and cloud-based solutions for managing fixed assets
Scope Of The Report
Report Attributes
Report Details
Report Title
Fixed Asset Management Software Market Research Report
By Type
Cloud Based, On-Premise
By Application
Large Enterprise, SMEs
By Companies
Xero, EZ Web Enterprises, Sage, Intuit, IBM, Infor, Wasp, Tracet, AssetWorks, FMIS, Microsoft, Hardcat, Real Asset Management, SAP, Oracle, Kaizen Softwar
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Fixed Asset Management Software Market Report Segments:
The global Fixed Asset Management Software market is segmented on the basis of:
Types
Cloud Based, On-Premise
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
Large Enterprise, SMEs
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:
- Xero
- EZ Web Enterprises
- Sage
- Intuit
- IBM
- Infor
- Wasp
- Tracet
- AssetWorks
- FMIS
- Microsoft
- Hardcat
- Real Asset Management
- SAP
- Oracle
- Kaizen Softwar
Highlights of The Fixed Asset Management Software 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-Premise
- By Application:
- Large Enterprise
- SMEs
- 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 Fixed Asset Management Software 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
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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?
Fixed asset management software is a computer program that helps businesses manage their fixed assets. This includes things like property, equipment, and other physical assets. The software can help businesses track the status of their assets, forecast future needs, and make decisions about how to best use them.
Some of the major companies in the fixed asset management software market are Xero, EZ Web Enterprises, Sage, Intuit, IBM, Infor, Wasp, Tracet, AssetWorks, FMIS, Microsoft, Hardcat, Real Asset Management, SAP, Oracle, Kaizen Softwar.
The fixed asset management software 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 Fixed Asset Management Software 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 Fixed Asset Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fixed Asset Management Software 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 Fixed Asset Management Software 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 Fixed Asset Management Software Market Size & Forecast, 2018-2028
4.5.1 Fixed Asset Management Software Market Size and Y-o-Y Growth
4.5.2 Fixed Asset Management Software Market Absolute $ Opportunity
Chapter 5 Global Fixed Asset Management Software 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 Fixed Asset Management Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fixed Asset Management Software 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 Fixed Asset Management Software Market Size Forecast by Applications
6.2.1 Large Enterprise
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fixed Asset Management Software 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 Fixed Asset Management Software 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 Fixed Asset Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Fixed Asset Management Software 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 Fixed Asset Management Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premise
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 Fixed Asset Management Software Market Size Forecast by Applications
9.10.1 Large Enterprise
9.10.2 SMEs
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 Fixed Asset Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Fixed Asset Management Software 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 Fixed Asset Management Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premise
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 Fixed Asset Management Software Market Size Forecast by Applications
10.10.1 Large Enterprise
10.10.2 SMEs
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 Fixed Asset Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fixed Asset Management Software 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 Fixed Asset Management Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premise
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 Fixed Asset Management Software Market Size Forecast by Applications
11.10.1 Large Enterprise
11.10.2 SMEs
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 Fixed Asset Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Fixed Asset Management Software 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 Fixed Asset Management Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premise
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 Fixed Asset Management Software Market Size Forecast by Applications
12.10.1 Large Enterprise
12.10.2 SMEs
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) Fixed Asset Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fixed Asset Management Software 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) Fixed Asset Management Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premise
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) Fixed Asset Management Software Market Size Forecast by Applications
13.10.1 Large Enterprise
13.10.2 SMEs
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 Fixed Asset Management Software Market: Competitive Dashboard
14.2 Global Fixed Asset Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Xero
14.3.2 EZ Web Enterprises
14.3.3 Sage
14.3.4 Intuit
14.3.5 IBM
14.3.6 Infor
14.3.7 Wasp
14.3.8 Tracet
14.3.9 AssetWorks
14.3.10 FMIS
14.3.11 Microsoft
14.3.12 Hardcat
14.3.13 Real Asset Management
14.3.14 SAP
14.3.15 Oracle
14.3.16 Kaizen Softwar
