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Enterprise Asset Management Market by Application (Asset Life Cycle Management, Inventory Management, Predictive Maintenance), Component, Organization Size, Deployment Model, Vertical (Manufacturing, Energy & Utilities) and Region - Global Forecast to 2027

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Date: 12-Jan-2023
No. of pages: 240
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The enterprise asset management market size is expected to grow from USD 4.2 billion in 2022 to USD7.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period. The inclination of organizations toward cloud-based deployments to overcome on-premises limitations is driving the growth of the global enterprise asset management market.

Large enterprises segment to account for larger market size during forecast period

The adoption of EAM solutions is higher in the large enterprises segment, and the trend is expected to continue during the forecast period. EAM solutions are important for large enterprises, as they have a large fleet of assets, bigger work orders to be managed, and critical information to be taken care of. If work orders are not managed efficiently by large enterprises, it can lead to increased costs and lesser productivity. Additionally, this can hamper customer loyalty and market share.

Manufacturing vertical to hold largest market share in 2022

Asset management for manufacturing companies covers the entire lifecycle of plant assets, such as equipment, parts, production lines, and the plant buildings themselves. It includes making decisions about asset usage, asset investment and disinvestment policies, and managing the asset portfolio. As a process, the manufacturing industry is becoming more competitive with the increasing customer demand and changing market conditions, companies require EAM solutions to meet safety requirements, comply with environmental regulations, fluctuating energy costs, maintenance schedules, track and monitor inventory usage, and improve auditing, reporting, and budgeting activities.

North America to hold largest market share of enterprise asset management market in 2022

North America is one of the early adopters of technology, focusing on continuous innovation. The region comprises two major economies: US and Canada. The growing size of the region's asset-intensive industry is driving the demand for asset management solutions. These industries utilize AI and cloud-based applications to enhance their customer base and streamline business operations. Further, the growing digitalization initiatives in the region are driving the demand for digital asset management strategies to manage cybersecurity and associated risks. These factors boost the demand for the enterprise asset management market across North America.

In determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with the key people. The breakup of the profiles of the primary participants is as follows:


  • By Company Type: Tier I:37%, Tier II: 25%, and Tier III:38%

  • By Designation: C-Level:22%, D-Level:33%,and Others:45%

  • By Region: North America:42%, Europe:25%, Asia Pacific: 18%, Row: 15%


The report profiles the various key players, including IBM (US), SAP (Germany), Oracle(US), Hexagon (Sweden), IFS (Sweden), Hitachi Energy (Switzerland), IFS Intelligent Process Solutions (Germany), Accruent (US), AVEVA (UK), Aptean (US), eMmaint (US), CGI (Canada), UpKeep (US), RFgen Software (US), AssetWorks(US), and Ramco Systems (India).

Research Coverage

The report segments the enterprise asset management market by application, component, deployment model, organization size, vertical, and region.

Based on applications, the market is segmented into asset lifecycle management, inventory management, work order management, labor management, predictive maintenance, facility management, and other applications.

Based on components, the market is categorized as solutions and services. The services segment is further categorized as professional and managed services.

The market is segmented based on deployment models as on-premises and cloud. The market is segmented as large enterprises and SMEs based on organization size.

Different verticals using enterprise asset management solutions include manufacturing, energy & utilities, healthcare & life sciences, transportation & logistics, IT & telecom, government & public sector, education, and other verticals.

The geographic analysis of the enterprise asset management market is spread across five major regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in the enterprise asset management market with information on the closest approximations of the revenue numbers for the overall enterprise asset management market and the sub segments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Enterprise Asset Management Market by Application (Asset Life Cycle Management, Inventory Management, Predictive Maintenance), Component, Organization Size, Deployment Model, Vertical (Manufacturing, Energy & Utilities) and Region - Global Forecast to 2027

Table Of Contents

1 Introduction 38
1.1 Study Objectives 38
1.2 Market Definition 38
1.2.1 Inclusions And Exclusions 39
1.3 Market Scope 41
1.3.1 Market Segmentation 41
1.3.2 Regional Scope 41
1.3.3 Years Considered 42
1.4 Currency Considered 42
Table 1 Us Dollar Exchange Rate, 2018–2021 42
1.5 Units Considered 42
1.6 Stakeholders 42
1.7 Summary Of Changes 43

2 Research Methodology 44
2.1 Research Data 44
Figure 1 Enterprise Asset Management Market: Research Design 44
2.1.1 Secondary Data 45
2.1.2 Primary Data 46
2.1.2.1 Breakdown Of Primary Interviews 46
Figure 2 Breakdown Of Primary Interviews: By Company Type, Designation, And Region 46
2.1.2.2 Key Industry Insights 47
2.2 Data Triangulation 48
2.3 Market Size Estimation 49
Figure 3 Enterprise Asset Management Market: Top-Down And Bottom-Up Approaches 49
Figure 4 Market Size Estimation Methodology–Approach 1 (Supply Side): Revenue Of Services From Vendors 50
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach (Supply Side): Collective Revenue Of Enterprise Asset Management Vendors 51
Figure 6 Market Size Estimation Methodology–(Supply Side): Cagr Projections From Supply Side 52
Figure 7 Market Size Estimation Methodology ̶ Approach 2 (Bottom-Up): Revenue Generated By Enterprise Asset Management Vendors From Each Vertical 53
Figure 8 Market Size Estimation Methodology–Approach 2 (Demand Side): Revenue Generated From Different Applications 53
2.4 Market Forecast 54
Table 2 Factor Analysis 54
2.5 Research Assumptions 55
2.6 Limitations Of Study 56

3 Executive Summary 57
Figure 9 Recession Impact: Global Enterprise Asset Management Market, 2019–2027 (Usd Million) 58
Figure 10 Fastest-Growing Segments In Enterprise Asset Management Market, 2022–2027 59
Figure 11 Predictive Maintenance Segment To Have Second-Largest Market Size During Forecast Period 59
Figure 12 On-Premises Segment To Have Larger Market Size During Forecast Period 60
Figure 13 Top Verticals In Enterprises Asset Management Market 61
Figure 14 Enterprises Asset Management Market: Regional Snapshot 62

4 Premium Insights 63
4.1 Overview Of Enterprise Asset Management Market 63
Figure 15 Focus On Improving Customer Experience And Simplifying Information Technology Operations Workflow To Drive Adoption Of Enterprise Asset Management 63
4.2 Enterprise Asset Management Market, By Application, 2022 Vs. 2027 63
Figure 16 Asset Lifecycle Management Segment To Have Highest Market Share During Forecast Period 63
4.3 Enterprise Asset Management Market, By Deployment Model (2022) 64
Figure 17 On-Premises Segment Accounts For Higher Market Share 64
4.4 Enterprise Asset Management Market, By Organization Size (2022) 64
Figure 18 Large Enterprises Segment Has Higher Market Share 64
4.5 Enterprise Asset Management Market, By Vertical, 2022–2027 65
Figure 19 Manufacturing Segment To Have Largest Market Share 65
4.6 Enterprise Asset Management Market: Regional Scenario, 2022–2027 65
Figure 20 Asia Pacific To Emerge As Best Market For Investments In Next Five Years 65

5 Market Overview And Industry Trends 66
5.1 Introduction 66
5.2 Market Dynamics 66
Figure 21 Drivers, Restraints, Opportunities, And Challenges In Enterprise Asset Management Market 66
5.2.1 Drivers 67
5.2.1.1 Increasing Shift From Legacy Asset Management To Modern Asset Management Methods 67
5.2.1.2 Rising Popularity Of Saas-Based Enterprise Asset Management Solutions 67
Figure 22 Estimated Growth Of Saas Applications Since 2019 67
5.2.1.3 Growing Need For A 360-Degree View Of Assets 68
5.2.1.4 Increased Usage Of Iot Platforms And Devices To Manage Enterprise Assets 68
5.2.1.5 Need To Overcome Unplanned Downtime To Prevent Losses 68
5.2.1.6 Convergence Of Technologies, Such As Ai, Iot, And Analytics 68
Figure 23 Technologies Impacting Asset Management Activities Within An Organization In Next Three Years 69
5.2.1.7 Emergence Of Mobility In Enterprise Asset Management Solutions 69
5.2.2 Restraints 69
5.2.2.1 Regulatory Compliance Issues 69
5.2.2.2 Concerns Over Data Security And Confidentiality 70
Figure 24 Organization Awareness Of Cyber Security Policies 70
5.2.3 Opportunities 70
5.2.3.1 Need To Extend Life Span Of Assets Using Advanced Technologies 70
5.2.3.2 Adoption Of A Digital Asset Management Strategyto Drive Better Return On Assets 71
5.2.3.3 Data-Driven Asset Management 71
Figure 25 Percentage Of Organizations That Have Required Data To Monitor Asset Health And Performance 71
5.2.3.4 Inclination Of Organizations Toward Cloud-Based Deployments To Overcome On-Premises Limitations 71
5.2.3.5 Surge In Asset Management Workloads During Covid-19 Pandemic 72
5.2.4 Challenges 72
5.2.4.1 Implementation Challenges For Enterprises With Diverse Operational Structures 72
5.2.4.2 Integration Of Enterprise Asset Management Systems With Third-Party Erp Systems 72
5.3 Case Study Analysis 73
5.3.1 Case Study 1: Ibm Helped Dubai International Airport Manage Assets 73
5.3.2 Case Study 2: Erg Optimized Plant Maintenance And Reduced Downtime 73
5.3.3 Case Study 3: Holmen Streamlined Maintenance, Supported Uptime, And Reduced Costs With Ifs Enterprise Asset Management Solution 74
5.3.4 Case Study 4: Mainpac’s Enterprise Asset Management Helped Save Money For Port Operator 74
5.3.5 Case Study 5: Fiix Cmms Provided Flexibility To Adapt To Changing Business Conditions 75
5.3.6 Case Study 6: Corefx Implemented Aptean Enterprise Asset Management For Transparency, Safety, And Efficiency 75
5.4 Supply Chain Analysis 76
Figure 26 Enterprise Asset Management Market: Supply Chain 76
5.5 Ecosystem Mapping 77
Figure 27 Enterprise Asset Management Market: Ecosystem 77
5.6 Technological Analysis 78
5.6.1 Cloud/Software As A Service 78
5.6.2 Machine Learning 78
5.6.3 Mobility 78
5.6.4 Internet Of Things (Iot) 78
5.6.5 Augmented Reality 78
5.6.6 Artificial Intelligence 79
5.7 Pricing Analysis 79
Table 3 Pricing Analysis Of Enterprise Asset Management Vendors 79
5.8 Patent Analysis 80
Figure 28 Number Of Patents Published, 2011–2021 80
Figure 29 Top Five Patent Owners (Global) 81
Table 4 Top Ten Patent Applicants (Us) 81
Table 5 Enterprise Asset Management Market: Patents 81
5.9 Porter’s Five Forces Analysis 82
Figure 30 Enterprise Asset Management: Porter’s Five Forces Analysis 82
Table 6 Enterprise Asset Management: Porter’s Five Forces Analysis 82
5.9.1 Threat Of New Entrants 83
5.9.2 Threat Of Substitutes 83
5.9.3 Bargaining Power Of Suppliers 83
5.9.4 Bargaining Power Of Buyers 83
5.9.5 Intensity Of Competitive Rivalry 84
5.10 Regulations 84
5.10.1 North America 84
5.10.2 Europe 85
5.10.3 Asia Pacific 85
5.10.4 Middle East & Africa 86
5.10.5 Latin America 86

6 Enterprise Asset Management Market, By Component 87
6.1 Introduction 88
Figure 31 Solutions Segment To Hold Larger Market Size During Forecast Period 88
6.1.1 Component: Enterprise Asset Management Market Drivers 88
Table 7 Enterprise Asset Management Market Size, By Component, 2018–2021 (Usd Million) 88
Table 8 Enterprise Asset Management Market Size, By Component, 2022–2027 (Usd Million) 89
6.2 Solutions 89
6.2.1 Need To Manage Physical Assets To Improve Production Workflow 89
Table 9 Solutions: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 89
Table 10 Solutions: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 89
6.3 Services 90
Table 11 Enterprise Asset Management Market Size, By Services, 2018–2021 (Usd Million) 90
Table 12 Enterprise Asset Management Market Size, By Services, 2022–2027 (Usd Million) 90
6.3.1 Professional Services 90
Table 13 Professional Services: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 91
Table 14 Professional Services: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 91
6.3.2 Managed Services 91
Table 15 Managed Services: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 91
Table 16 Managed Services: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 92

7 Enterprise Asset Management Market, By Application 93
7.1 Introduction 94
7.1.1 Application: Enterprise Asset Management Market Drivers 94
Figure 32 Predictive Maintenance Segment To Record Highest Cagr 94
Table 17 Enterprise Asset Management Market Size, By Application, 2018–2021 (Usd Million) 95
Table 18 Enterprise Asset Management Market Size, By Application, 2022–2027 (Usd Million) 95
7.2 Asset Lifecycle Management 95
7.2.1 Need To Improve Accessibility And Management Of Assets To Drive Market 95
Table 19 Asset Lifecycle Management: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 96
Table 20 Asset Lifecycle Management: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 96
7.3 Inventory Management 96
7.3.1 Need To Track Flow Of Goods From Manufacturers To Customers To Drive Market 96
Table 21 Inventory Management: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 97
Table 22 Inventory Management: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 97
7.4 Work Order Management 97
7.4.1 Need To Manage Work Orders To Enhance Customer Experiences To Drive Market 97
Table 23 Work Order Management: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 98
Table 24 Work Order Management: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 98
7.5 Labor Management 98
7.5.1 Need To Manage Workforce In Asset-Intensive Industries To Drive Market 98
Table 25 Labor Management: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 99
Table 26 Labor Management: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 99
7.6 Predictive Maintenance 99
7.6.1 Need To Resolve Asset Downtime Issues To Drive Market 99
Table 27 Predictive Maintenance: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 100
Table 28 Predictive Maintenance: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 100
7.7 Facility Management 100
7.7.1 Need To Optimize Material Resources To Improve Productivity To Drive Market 100
Table 29 Facility Management: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 101
Table 30 Facility Management: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 101
7.8 Other Applications 101
Table 31 Other Applications: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 102
Table 32 Other Applications: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 102

8 Enterprise Asset Management Market, By Deployment Model 103
8.1 Introduction 104
8.1.1 Deployment Model: Enterprise Asset Management Market Drivers 104
Table 33 Enterprise Asset Management Market, By Deployment Model, 2018–2021 (Usd Million) 105
Table 34 Enterprise Asset Management Market, By Deployment Model, 2022–2027 (Usd Million) 105
8.2 On-Premises 105
8.2.1 Growing Concerns Over Privacy And Security Of Confidential Data To Drive Market 105
Table 35 On-Premises: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 105
Table 36 On-Premises: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 106
8.3 Cloud 106
8.3.1 Growing Need For Cost-Effective Enterprise Asset Management Solutions To Drive Market 106
Table 37 Cloud: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 106
Table 38 Cloud: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 107

9 Enterprise Asset Management Market, By Organization Size 108
9.1 Introduction 109
9.1.1 Organization Size: Enterprise Asset Management Market Drivers 109
Table 39 Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 109
Table 40 Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 110
9.2 Large Enterprises 110
9.2.1 Need To Manage Large Number Of Assets Across Departments To Drive Market 110
Table 41 Large Enterprises: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 110
Table 42 Large Enterprises: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 111
9.3 Small And Medium-Sized Enterprises 111
9.3.1 Need For Low-Cost Enterprise Asset Management Software To Drive Market 111
Table 43 Small And Medium-Sized Enterprises: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 111
Table 44 Small And Medium-Sized Enterprises: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 112

10 Enterprise Asset Management Market, By Vertical 113
10.1 Introduction 114
10.1.1 Vertical: Enterprise Asset Management Market Drivers 114
Figure 35 Transportation & Logistics Vertical To Record Higher Cagr 114
Table 45 Enterprise Asset Management Market, By Vertical, 2018–2021 (Usd Million) 115
Table 46 Enterprise Asset Management Market, By Vertical, 2022–2027 (Usd Million) 115
10.2 Manufacturing 115
10.2.1 Increasing Customer Demand And Changing Market Conditions To Drive Growth Of Enterprise Asset Management Solutions 115
Table 47 Manufacturing: Enterprise Asset Management Market Size, By Region, 2018–2021 (Usd Million) 116
Table 48 Manufacturing: Enterprise Asset Management Market Size, By Region, 2022–2027 (Usd Million) 116
10.3 Energy & Utilities 116
10.3.1 Demand For Technological Innovation To Provide Personalized Services To Drive Market 116
Table 49 Energy & Utilities: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 117
Table 50 Energy & Utilities: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 117
10.4 Healthcare & Life Sciences 117
10.4.1 Digitalization Of Healthcare Sector During Covid-19 Pandemic To Drive Market 117
Table 51 Healthcare & Life Sciences: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 118
Table 52 Healthcare & Life Sciences: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 118
10.5 Transportation & Logistics 118
10.5.1 Need To Improve Maintenance Of Fixed Assets To Drive Market 118
Table 53 Transportation & Logistics: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 119
Table 54 Transportation & Logistics: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 119
10.6 It & Telecom 119
10.6.1 Need For Digital Tools To Improve Customer Experience To Drive Market 119
Table 55 It & Telecom: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 120
Table 56 It & Telecom: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 120
10.7 Government & Public Sector 120
10.7.1 Need For Integrated Database Management To Drive Market 120
Table 57 Government & Public Sector: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 121
Table 58 Government & Public Sector: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 121
10.8 Education 121
10.8.1 Need To Manage Growing Size Of Assets To Drive Market 121
Table 59 Education: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 122
Table 60 Education: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 122
10.9 Other Verticals 122
Table 61 Other Verticals: Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 123
Table 62 Other Verticals: Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 123

11 Enterprise Asset Management Market, By Region 124
11.1 Introduction 125
Figure 36 North America To Account For Largest Share In Enterprise Asset Management Market 125
Table 63 Enterprise Asset Management Market, By Region, 2018–2021 (Usd Million) 125
Table 64 Enterprise Asset Management Market, By Region, 2022–2027 (Usd Million) 126
11.2 North America 126
11.2.1 North American Enterprise Asset Management Market Drivers 126
11.2.2 North America: Recession Impact 126
Figure 37 North America: Enterprise Asset Management Market Snapshot 127
Table 65 North America: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 127
Table 66 North America: Enterprise Asset Management Market, By Component 2022–2027 (Usd Million) 128
Table 67 North America: Enterprise Asset Management Market, By Services, 2018–2021 (Usd Million) 128
Table 68 North America: Enterprise Asset Management Market, By Services, 2022–2027 (Usd Million) 128
Table 69 North America: Enterprise Asset Management Market Size, By Application, 2018–2021 (Usd Million) 128
Table 70 North America: Enterprise Asset Management Market Size, By Application, 2022–2027 (Usd Million) 129
Table 71 North America: Enterprise Asset Management Market, By Deployment Model, 2018–2021 (Usd Million) 129
Table 72 North America: Enterprise Asset Management Market, By Deployment Model, 2022–2027 (Usd Million) 129
Table 73 North America: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 130
Table 74 North America: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 130
Table 75 North America: Enterprise Asset Management Market, By Vertical, 2018–2021 (Usd Million) 130
Table 76 North America: Enterprise Asset Management Market, By Vertical, 2022–2027 (Usd Million) 131
Table 77 North America: Enterprise Asset Management Market, By Country, 2018–2021 (Usd Million) 131
Table 78 North America: Enterprise Asset Management Market, By Country, 2022–2027 (Usd Million) 131
11.2.3 Us 132
11.2.3.1 Technological Innovations To Drive Market 132
Table 79 Us: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 132
Table 80 Us: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 132
Table 81 Us: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 132
Table 82 Us: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 133
11.2.4 Canada 133
11.2.4.1 Growing Digitalization To Facilitate Adoption Of Enterprise Asset Management Solutions 133
Table 83 Canada: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 133
Table 84 Canada: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 133
Table 85 Canada: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 134
Table 86 Canada: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 134
11.3 Europe 134
11.3.1 European Enterprise Asset Management Market Drivers 134
11.3.2 Europe: Recession Impact 135
Table 87 Europe: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 135
Table 88 Europe: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 135
Table 89 Europe: Enterprise Asset Management Market, By Services, 2018–2021 (Usd Million) 135
Table 90 Europe: Enterprise Asset Management Market, By Services, 2022–2027 (Usd Million) 136
Table 91 Europe: Enterprise Asset Management Market Size, By Application, 2018–2021 (Usd Million) 136
Table 92 Europe: Enterprise Asset Management Market Size, By Application, 2022–2027 (Usd Million) 136
Table 93 Europe: Enterprise Asset Management Market, By Deployment Model, 2018–2021 (Usd Million) 137
Table 94 Europe: Enterprise Asset Management Market, By Deployment Model, 2022–2027 (Usd Million) 137
Table 95 Europe: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 137
Table 96 Europe: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 137
Table 97 Europe: Enterprise Asset Management Market, By Vertical, 2018–2021 (Usd Million) 138
Table 98 Europe: Enterprise Asset Management Market, By Vertical, 2022–2027 (Usd Million) 138
Table 99 Europe: Enterprise Asset Management Market Size, By Country, 2018–2021 (Usd Million) 139
Table 100 Europe: Enterprise Asset Management Market Size, By Country, 2022–2027 (Usd Million) 139
11.3.3 Uk 139
11.3.3.1 Growing Adoption Of Cloud And Other Technologies To Increase Demand For Enterprise Asset Management Solutions And Services 139
Table 101 Uk: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 140
Table 102 Uk: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 140
Table 103 Uk: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 140
Table 104 Uk: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 140
11.3.4 Germany 141
11.3.4.1 Adoption Of Iiot And Analytics Along With Cloud Services To Drive Market 141
Table 105 Germany: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 141
Table 106 Germany: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 141
Table 107 Germany: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 141
Table 108 Germany: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 142
11.3.5 France 142
11.3.5.1 Increased Spending On Cloud Services To Boost Market Growth 142
Table 109 France: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 142
Table 110 France: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 142
Table 111 France: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 143
Table 112 France: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 143
11.3.6 Rest Of Europe 143
Table 113 Rest Of Europe: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 143
Table 114 Rest Of Europe: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 144
Table 115 Rest Of Europe: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 144
Table 116 Rest Of Europe: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 144
11.4 Asia Pacific 145
11.4.1 Asia Pacific Enterprise Asset Management Market Drivers 145
11.4.2 Asia Pacific: Recession Impact 145
Figure 38 Asia Pacific: Enterprise Asset Management Market Snapshot 146
Table 117 Asia Pacific: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 146
Table 118 Asia Pacific: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 147
Table 119 Asia Pacific: Enterprise Asset Management Market, By Services, 2018–2021 (Usd Million) 147
Table 120 Asia Pacific: Enterprise Asset Management Market, By Services, 2022–2027 (Usd Million) 147
Table 121 Asia Pacific: Enterprise Asset Management Market Size, By Application, 2018–2021 (Usd Million) 147
Table 122 Asia Pacific: Enterprise Asset Management Market Size, By Application, 2022–2027 (Usd Million) 148
Table 123 Asia Pacific: Enterprise Asset Management Market, By Deployment Model, 2018–2021 (Usd Million) 148
Table 124 Asia Pacific: Enterprise Asset Management Market, By Deployment Model, 2022–2027 (Usd Million) 148
Table 125 Asia Pacific: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 149
Table 126 Asia Pacific: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 149
Table 127 Asia Pacific: Enterprise Asset Management Market, By Vertical, 2018–2021 (Usd Million) 149
Table 128 Asia Pacific: Enterprise Asset Management Market, By Vertical, 2022–2027 (Usd Million) 150
Table 129 Asia Pacific: Enterprise Asset Management Market, By Country, 2018–2021 (Usd Million) 150
Table 130 Asia Pacific: Enterprise Asset Management Market, By Country, 2022–2027 (Usd Million) 150
11.4.3 China 151
11.4.3.1 Rapid Expansion Of Digital Services To Drive Demand For Enterprise Asset Management Solutions 151
Table 131 China: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 151
Table 132 China: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 151
Table 133 China: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 151
Table 134 China: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 152
11.4.4 Japan 152
11.4.4.1 Growing Focus On R&D Investments To Boost Technological Innovation 152
Table 135 Japan: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 152
Table 136 Japan: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 152
Table 137 Japan: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 153
Table 138 Japan: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 153
11.4.5 Australia & New Zealand 153
11.4.5.1 Technological Innovation Across Industry Verticals To Drive Demand For Enterprise Asset Management Solutions 153
Table 139 Australia & New Zealand: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 153
Table 140 Australia & New Zealand: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 154
Table 141 Australia & New Zealand: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 154
Table 142 Australia & New Zealand: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 154
11.4.6 Rest Of Asia Pacific 154
Table 143 Rest Of Asia Pacific: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 155
Table 144 Rest Of Asia Pacific: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 155
Table 145 Rest Of Asia Pacific: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 155
Table 146 Rest Of Asia Pacific: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 155
11.5 Middle East & Africa 156
11.5.1 Middle East & African Enterprise Asset Management Market Drivers 156
11.5.2 Middle East & Africa: Recession Impact 156
Table 147 Middle East & Africa: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 156
Table 148 Middle East & Africa: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 157
Table 149 Middle East & Africa: Enterprise Asset Management Market, By Services, 2018–2021 (Usd Million) 157
Table 150 Middle East & Africa: Enterprise Asset Management Market, By Services, 2022–2027 (Usd Million) 157
Table 151 Middle East & Africa: Enterprise Asset Management Market Size, By Application, 2018–2021 (Usd Million) 157
Table 152 Middle East & Africa: Enterprise Asset Management Market Size, By Application, 2022–2027 (Usd Million) 158
Table 153 Middle East & Africa: Enterprise Asset Management Market, By Deployment Model, 2018–2021 (Usd Million) 158
Table 154 Middle East & Africa: Enterprise Asset Management Market, By Deployment Model, 2022–2027 (Usd Million) 158
Table 155 Middle East & Africa: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 159
Table 156 Middle East & Africa: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 159
Table 157 Middle East & Africa: Enterprise Asset Management Market, By Vertical, 2018–2021 (Usd Million) 159
Table 158 Middle East & Africa: Enterprise Asset Management Market, By Vertical, 2022–2027 (Usd Million) 160
Table 159 Middle East & Africa: Enterprise Asset Management Market, By Country, 2018–2021 (Usd Million) 160
Table 160 Middle East & Africa: Enterprise Asset Management Market, By Country, 2022–2027 (Usd Million) 160
11.5.3 Kingdom Of Saudi Arabia (Ksa) 161
11.5.3.1 Technological Innovations To Drive Digital Transformation 161
Table 161 Ksa: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 161
Table 162 Ksa: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 161
Table 163 Ksa: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 161
Table 164 Ksa: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 162
11.5.4 Uae 162
11.5.4.1 Government Initiatives To Drive Cloud Adoption 162
Table 165 Uae: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 162
Table 166 Uae: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 162
Table 167 Uae: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 163
Table 168 Uae: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 163
11.5.5 South Africa 163
11.5.5.1 Growing Use Of Cloud Services To Boost Adoption Of Enterprise Asset Management Solutions 163
Table 169 South Africa: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 163
Table 170 South Africa: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 164
Table 171 South Africa: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 164
Table 172 South Africa: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 164
11.5.6 Rest Of Middle East & Africa 164
Table 173 Rest Of Middle East & Africa: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 165
Table 174 Rest Of Middle East & Africa: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 165
Table 175 Rest Of Middle East & Africa: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 165
Table 176 Rest Of Middle East & Africa: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 165
11.6 Latin America 166
11.6.1 Latin American Enterprise Asset Management Market Drivers 166
11.6.2 Latin America: Recession Impact 166
Table 177 Latin America: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 166
Table 178 Latin America: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 167
Table 179 Latin America: Enterprise Asset Management Market, By Services, 2018–2021 (Usd Million) 167
Table 180 Latin America: Enterprise Asset Management Market, By Services, 2022–2027 (Usd Million) 167
Table 181 Latin America: Enterprise Asset Management Market Size, By Application, 2018–2021 (Usd Million) 167
Table 182 Latin America: Enterprise Asset Management Market Size, By Application, 2022–2027 (Usd Million) 168
Table 183 Latin America: Enterprise Asset Management Market, By Deployment Model, 2018–2021 (Usd Million) 168
Table 184 Latin America: Enterprise Asset Management Market, By Deployment Model, 2022–2027 (Usd Million) 168
Table 185 Latin America: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 169
Table 186 Latin America: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 169
Table 187 Latin America: Enterprise Asset Management Market, By Vertical, 2018–2021 (Usd Million) 169
Table 188 Latin America: Enterprise Asset Management Market, By Vertical, 2022–2027 (Usd Million) 170
Table 189 Latin America: Enterprise Asset Management Market, By Country, 2018–2021 (Usd Million) 170
Table 190 Latin America: Enterprise Asset Management Market, By Country, 2022–2027 (Usd Million) 170
11.6.3 Brazil 171
11.6.3.1 Expanding Cloud Services And Digitalization To Drive Market 171
Table 191 Brazil: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 171
Table 192 Brazil: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 171
Table 193 Brazil: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 171
Table 194 Brazil: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 172
11.6.4 Mexico 172
11.6.4.1 Growing Focus On Improving Business Operations To Drive Market 172
Table 195 Mexico: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 172
Table 196 Mexico: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 172
Table 197 Mexico: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 173
Table 198 Mexico: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 173
11.6.5 Rest Of Latin America 173
Table 199 Rest Of Latin America: Enterprise Asset Management Market, By Component, 2018–2021 (Usd Million) 173
Table 200 Rest Of Latin America: Enterprise Asset Management Market, By Component, 2022–2027 (Usd Million) 174
Table 201 Rest Of Latin America: Enterprise Asset Management Market, By Organization Size, 2018–2021 (Usd Million) 174
Table 202 Rest Of Latin America: Enterprise Asset Management Market, By Organization Size, 2022–2027 (Usd Million) 174

12 Competitive Landscape 175
12.1 Overview 175
12.2 Market Evaluation Framework 175
Figure 39 Market Evaluation Framework, 2020–2022 175
12.3 Strategies Adopted By Key Players/Right To Win 176
Table 203 Overview Of Strategies Adopted By Key Vendors 176
12.4 Revenue Analysis 177
Figure 40 Historical Three-Year Revenue Analysis Of Leading Players, 2019–2021 (Usd Million) 178
12.5 Market Share Analysis 178
Figure 41 Enterprise Asset Management Market Share Analysis, 2021 179
Table 204 Enterprise Asset Management Market: Intensity Of Competitive Rivalry 179
12.6 Company Evaluation Quadrant 180
Table 205 Company Evaluation Quadrant: Criteria 180
12.6.1 Stars 180
12.6.2 Emerging Leaders 180
12.6.3 Pervasive Players 180
12.6.4 Participants 180
Figure 42 Enterprise Asset Management Market, Key Company Evaluation Quadrant, 2022 181
12.6.5 Company Product Footprint Analysis 182
Table 206 Company Product Footprint 182
Table 207 Company Component Footprint 182
Table 208 Company Vertical Footprint 183
Table 209 Company Region Footprint 184
12.7 Ranking Of Key Players 184
Figure 43 Ranking Of Key Players In Enterprise Asset Management Market, 2021 184
12.8 Startup/Sme Evaluation Matrix 185
Figure 44 Startup/Sme Evaluation Matrix: Criteria Weightage 185
12.8.1 Progressive Companies 185
12.8.2 Responsive Companies 185
12.8.3 Dynamic Companies 186
12.8.4 Starting Blocks 186
Figure 45 Enterprise Asset Management Market (Global) Startup/Sme Company Evaluation Quadrant, 2022 186
12.9 Competitive Scenario And Trends 187
Table 210 Product Launches & Enhancements, 2020–2022 187
12.9.1 Deals 187
Table 211 Deals, 2020–2022 187
12.9.2 Others 188
Table 212 Others, 2020-2022 188

13 Company Profiles 189
13.1 Key Players 189
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View, Key Strengths, Strategic Choices, And Weaknesses And Competitive Threats)*
13.1.1 Ibm 189
Table 213 Ibm: Business Overview 189
Figure 46 Ibm: Company Snapshot 190
Table 214 Ibm: Products/Solutions Offered 190
Table 215 Ibm: Product/Solutions Launches 191
Table 216 Ibm: Deals 191
13.1.2 Sap 193
Table 217 Sap: Business Overview 193
Figure 47 Sap: Company Snapshot 194
Table 218 Sap: Products/Solutions Offered 194
Table 219 Sap: Product Launches And Enhancements 195
Table 220 Sap: Deals 195
13.1.3 Oracle 197
Table 221 Oracle: Business Overview 197
Figure 48 Oracle: Company Snapshot 198
Table 222 Oracle: Products/Solutions Offered 198
Table 223 Oracle: Product Launches And Enhancements 199
Table 224 Oracle: Deals 199
13.1.4 Hexagon 201
Table 225 Hexagon: Business Overview 201
Figure 49 Hexagon: Company Snapshot 202
Table 226 Hexagon: Products/Solutions Offered 202
Table 227 Hexagon: Product Launches And Enhancements 203
Table 228 Hexagon: Deals 203
13.1.5 Ifs 204
Table 229 Ifs: Business Overview 204
Table 230 Ifs: Products/Solutions Offered 204
Table 231 Ifs: Product Launches And Enhancements 204
Table 232 Ifs: Deals 205
13.1.6 Hitachi Energy 206
Table 233 Hitachi Energy: Business Overview 206
Figure 50 Hitachi: Company Snapshot 207
Table 234 Hitachi Energy: Solutions Offered 207
Table 235 Hitachi Energy: New Product/Solution Launches 208
Table 236 Hitachi Energy: Deals 208
13.1.7 Ips Intelligent Process Solutions 209
Table 237 Ips Intelligent Process Solutions: Business Overview 209
Table 238 Ips Intelligent Process Solutions: Products/Solutions/Services Offered 209
13.1.8 Accruent 210
Table 239 Accruent: Business Overview 210
Table 240 Accruent: Products/Solutions Offered 210
Table 241 Accruent: Deals 211
13.1.9 Aveva 212
Table 242 Aveva: Business Overview 212
Figure 51 Aveva: Company Snapshot 213
Table 243 Aveva: Products/Solutions Offered 213
Table 244 Aveva: New Product/Solution Launches 214
Table 245 Aveva: Deals 214
13.1.10 Aptean 215
Table 246 Aptean: Business Overview 215
Table 247 Aptean: Products/Solutions Offered 215
Table 248 Aptean: New Product/ Solution Launches 216
Table 249 Aptean: Deals 216
13.1.11 Emaint 217
13.1.12 Cgi 217
13.1.13 Upkeep 218
13.1.14 Rfgen Software 218
13.1.15 Assetworks 219
13.1.16 Ramco Systems 219
13.2 Smes/Startups 220
13.2.1 Asset Panda 220
13.2.2 Ezofficeinventory 220
13.2.3 Pazo 221
13.2.4 Ezmaintain 221
13.2.5 Innomaint 222
13.2.6 Asset Infinity 222
13.2.7 Fracttal 223
13.2.8 Kloudgin 223
13.2.9 Maintainx 224
13.2.10 Limble Cmms 224
13.2.11 Trackx 225
13.2.12 Cheqroom 225
13.2.13 The Asset Guardian 226
13.2.14 Fleetio 226
13.2.15 Gocodes 227
13.2.16 Redlist 227
13.2.17 Aladdin 228
*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View, Key Strengths, Strategic Choices, And Weaknesses And Competitive Threats Might Not Be Captured In Case Of Unlisted Companies.

14 Adjacent & Related Markets 229
14.1 Introduction 229
14.1.1 Related Markets 229
14.2 Asset Performance Management Market 229
Table 250 Asset Performance Management Market Size, By Component, 2016–2020 (Usd Million) 229
Table 251 Asset Performance Management Market Size, By Component 2021–2026 (Usd Million) 230
Table 252 Asset Performance Management Market Size, By Organization Size, 2016–2020 (Usd Million) 230
Table 253 Asset Performance Management Market Size, By Organization Size, 2021–2026 (Usd Million) 230
Table 254 Asset Performance Management Size, By Deployment Type, 2016–2020 (Usd Million) 230
Table 255 Asset Performance Management Size, By Deployment Type, 2021–2026 (Usd Million) 231
Table 256 Asset Performance Management Market Size, By Vertical, 2016–2020 (Usd Million) 231
Table 257 Asset Performance Management Market Size, By Vertical, 2021–2026 (Usd Million) 231
Table 258 Asset Performance Management Market Size, By Region, 2016–2020 (Usd Million) 232
Table 259 Asset Performance Management Market Size, By Region, 2021–2026 (Usd Million) 232
14.3 Remote Asset Management Market 232
Table 260 Remote Asset Management Market Size, By Asset Type, 2018–2025 (Usd Million) 232
Table 261 Remote Asset Management Market Size, By Deployment Mode, 2018–2025 (Usd Million) 233
Table 262 Remote Asset Management Market Size, By Organization Size, 2018–2025 (Usd Million) 233
Table 263 Remote Asset Management Market Size, By Vertical, 2018–2025 (Usd Million) 233
Table 264 Remote Asset Management Market Size, By Region, 2018–2025 (Usd Million) 234

15 Appendix 235
15.1 Discussion Guide 235
15.2 Knowledgestore: Marketsandmarkets’ Subscription Portal 239
15.3 Customization Options 241
15.4 Related Reports 241
15.5 Author Details 242

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