Market Highlights
The Enterprise
Asset Management Market is projected to grow at a CAGR of 11% during the
forecast period. As per the enterprise asset management market research report,
the global market for enterprise asset management is anticipated to grow
rapidly by US$8 billion by 2022. As per analysts, the growing demand for robus
management systems along with the rise of process automation will drive the
market growth throughout the forecast period. The enterprise asset management
market research report provides an in-depth analysis of the global enterprise
asset management market and its deployment, organization size, and application
segments. The lack of an advanced IT infrastructure as well as slow IT growth
are the factors which could affect the enterprise asset management market
growth during the forecast period. The enterprise asset management market
research report by expert analysts is intended to help companies in the enterprise
asset management market.
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Segmentation:
The Enterprise Asset Management Markethas been segmented based on
deployment, organization size, and application. On the basis of deployment, the
market for enterprise asset management is segmented based on on cloud, on
premises. Additionally, the market on the basis of organization size, is
segmented into SMEs and large organization. The global market for enterprise
asset management is also covered based on application segment which is further
split into aerospace & defence, healthcare, manufacturing, oil & gas,
transportation, and government.
Key influences such as low levels of awareness among enterprises could
obstruct the enterprise asset management market growth. However, as per the
enterprise asset management market research report, growing interest in BPR as
well as growth in software development needs will drive growth during the
forecast period. These key growth factors will help support the enterprise
asset management market growth at a high CAGR. The segmental analysis of
deployment, organization size, and application segments as well as regional
market analysis has been presented in the global enterprise asset management
market research report. Analysts studying the enterprise asset management
market have presented projections in the enterprise asset management market
research report assisting enterprise asset management market-based companies in
numerous ways. The enterprise asset management market research report offers
crucial details about the enterprise asset management market based on the data
and forecasts till 2022.
Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional
market for enterprise asset management are primarily covered in the global
enterprise asset management market research report. The report also covers
country-level markets spread across North America – the United States, Canada,
and Mexico. In South America – Brazil and other country-level enterprise asset
management markets are covered in the report. In Asia-Pacific (APAC) region,
the country-level enterprise asset management markets covered are China, India,
Japan, and others. The enterprise asset management market research report also
covers the regional market for enterprise asset management spread across
European countries including the United Kingdom, France, Italy, Spain, and Germany,
etc. The enterprise asset management market research report further explores
other regional markets from the rest of the world including enterprise asset
management markets of the Middle East and Africa. As per the global enterprise
asset management market research report.
Competitive Landscape
High investments and lucrative opportunities across different industry
verticals are expected to accelerate the enterprise asset management market
growth worldwide. The global enterprise asset management market is set to
witness challenges including concerns regarding privacy and data safety,
however, companies in the enterprise asset management market will sustain the
growth rate. The enterprise asset management market research report also offers
company profiles of key players operating in the enterprise asset management
market around the world. Additionally, the global enterprise asset management
market report provides detailed analysis of the market based on primary and
secondary research data collected from the enterprise asset management market’s
key decision makers as well as stakeholders. The enterprise asset management
market research report covers all such factors assisting companies in the
enterprise asset management market to improve their plans and portfolio.
Industry News
LKAB has requested IFS to supply an EAM solution to help the company
develop a new global standard for data-driven mining, says the company of
application. LKAB has recently unveiled one of the largest industrial
investment programs in Swedish history, with a view to achieving carbon free
sponge iron production by 2045. The organization embarked on an integrated
digital transformation process to ensure clarity of business processes,
convergence and harmonization of data and processes in order to achieve its
competitiveness and environmental aims, as well as to provide high-quality
information for better decision making, according to IFS.
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