Market Overview:
The global fixed asset 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 and web-based fixed asset software by small and medium enterprises (SMEs) and large enterprises. Additionally, the growing demand for real-time tracking of fixed assets across different regions is also propelling the growth of this market. However, lack of awareness about benefits offered by these software solutions may restrain the growth of this market to some extent during the forecast period.
Product Definition:
Fixed Asset Software is a computer program used to manage and track the fixed assets of a company. This software can help businesses keep track of their assets' depreciation, identify which assets need repairs or upgrades, and calculate the value of their fixed assets for tax purposes.
On-Premise:
On-premise software is a type of cloud computing technology that involves the installation of the software on computers present within the organization. The data and applications are installed and run from the originating organization's server. In contrast to Software as a Service (SaaS), where data and applications are accessible via web portals, in an on-premise deployment, users have access to all functionalities through their own desktop environment.
Web-Based:
The Web-Based (WBS) is a software-based model of the asset lifecycle management. It is an integrated solution that includes web-enabled WBS, enterprise content, and process management. The major advantage of this system over the traditional on premise one is its accessibility from any location in the world with an internet connection.
This model has been widely accepted due to its cost effectiveness.
Application Insights:
The software is used for accounting, billing, invoicing and payment processing in the global market. The SMEs segment held the largest share of over 60% in 2017. The large enterprises segment is expected to witness a CAGR of XX% from 2018 to 2030.
Large enterprises are more comfortable with using off-the-shelf products as they offer various functionalities including accounts receivable management, inventory management and procurement tracking among others at an affordable cost. Furthermore, these solutions are preloaded with numerous business applications that enable users to manage their day-to-day operations efficiently. These factors have contributed towards higher penetration in large enterprise applications compared to SMEs which can be attributed as one of the major reasons for industry growth across all regions since 2016.
Regional Analysis:
The Asia Pacific region is expected to witness the highest CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing investments in IT infrastructure and rising adoption of cloud-based solutions. Furthermore, growing awareness regarding the benefits offered by modernized FAST software in countries such as China and India is anticipated to drive regional market growth over the forecast period.
Europe accounted for more than 25% share of global revenue in 2017 owing to high demand from SMEs for cost-effective FA software that provide them with real-time visibility into their capital expenditure requirements, thereby driving market growth across this region. Moreover, presence of key players such as Oracle Financials (Ireland) Limited; Cognizant; Kognitif Inc.; and PwC will continue driving regional market growth over the next seven years.
Growth Factors:
- Increasing demand for automation in the manufacturing sector to improve efficiency and productivity
- Rising adoption of cloud-based fixed asset software solutions among small and medium businesses
- Proliferation of mobile devices and apps that offer field workers real-time access to data on assets4. Emergence of big data and analytics, which can help organizations make better decisions about their fixed assets5. Growing popularity of RFID technology for tracking and managing fixed assets
Scope Of The Report
Report Attributes
Report Details
Report Title
Fixed Asset Software Market Research Report
By Type
On-Premise, Web-Based, Cloud-Based
By Application
SMEs, Large Enterprises
By Companies
Sage Intacct, Multiview, NetSuite, Cougar Mountain, Deskera, Aplos, MACCOR, Blackbaud, QuickBooks, Oracle, ProSoft Solutions, SAP, Acumatica, AccuFund, Bloomberg, Flexi, Xledger, Soft Trac
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Fixed Asset Software Market Report Segments:
The global Fixed Asset Software market is segmented on the basis of:
Types
On-Premise, Web-Based, Cloud-Based
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
SMEs, Large Enterprises
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:
- Sage Intacct
- Multiview
- NetSuite
- Cougar Mountain
- Deskera
- Aplos
- MACCOR
- Blackbaud
- QuickBooks
- Oracle
- ProSoft Solutions
- SAP
- Acumatica
- AccuFund
- Bloomberg
- Flexi
- Xledger
- Soft Trac
Highlights of The Fixed Asset 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:
- On-Premise
- Web-Based
- Cloud-Based
- By Application:
- SMEs
- Large Enterprises
- 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 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
- Market Entry Strategies
- Business Expansion Strategies
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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 Software is a software application that helps businesses manage their fixed assets. Fixed Asset Software can track and report on the location, condition, and use of company assets such as vehicles, equipment, and buildings.
Some of the key players operating in the fixed asset software market are Sage Intacct, Multiview, NetSuite, Cougar Mountain, Deskera, Aplos, MACCOR, Blackbaud, QuickBooks, Oracle, ProSoft Solutions, SAP, Acumatica, AccuFund, Bloomberg, Flexi, Xledger, Soft Trac.
The fixed asset 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 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 Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fixed Asset 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 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 Software Market Size & Forecast, 2018-2028
4.5.1 Fixed Asset Software Market Size and Y-o-Y Growth
4.5.2 Fixed Asset Software Market Absolute $ Opportunity
Chapter 5 Global Fixed Asset 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 Software Market Size Forecast by Type
5.2.1 On-Premise
5.2.2 Web-Based
5.2.3 Cloud-Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fixed Asset 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 Software Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fixed Asset 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 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 Software Analysis and Forecast
9.1 Introduction
9.2 North America Fixed Asset 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 Software Market Size Forecast by Type
9.6.1 On-Premise
9.6.2 Web-Based
9.6.3 Cloud-Based
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 Software Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprises
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 Software Analysis and Forecast
10.1 Introduction
10.2 Europe Fixed Asset 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 Software Market Size Forecast by Type
10.6.1 On-Premise
10.6.2 Web-Based
10.6.3 Cloud-Based
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 Software Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprises
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 Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fixed Asset 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 Software Market Size Forecast by Type
11.6.1 On-Premise
11.6.2 Web-Based
11.6.3 Cloud-Based
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 Software Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprises
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 Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Fixed Asset 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 Software Market Size Forecast by Type
12.6.1 On-Premise
12.6.2 Web-Based
12.6.3 Cloud-Based
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 Software Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprises
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 Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fixed Asset 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 Software Market Size Forecast by Type
13.6.1 On-Premise
13.6.2 Web-Based
13.6.3 Cloud-Based
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 Software Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprises
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 Software Market: Competitive Dashboard
14.2 Global Fixed Asset Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sage Intacct
14.3.2 Multiview
14.3.3 NetSuite
14.3.4 Cougar Mountain
14.3.5 Deskera
14.3.6 Aplos
14.3.7 MACCOR
14.3.8 Blackbaud
14.3.9 QuickBooks
14.3.10 Oracle
14.3.11 ProSoft Solutions
14.3.12 SAP
14.3.13 Acumatica
14.3.14 AccuFund
14.3.15 Bloomberg
14.3.16 Flexi
14.3.17 Xledger
14.3.18 Soft Trac
