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Enterprise Asset Management Software Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Enterprise Asset Management Software MarketThe global Enterprise Asset Management (EAM) Software market size is projected to reach US$ 9130.7 million by 2028, from US$ 4719.3 million in 2021, at a CAGR of 9.7% during 2022-2028. Key drivers of the EAM market include the growing enterprise setups that require the proper management of rising organizational assets.
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The usage of AI, IoT platforms for monitoring and optimizing the lifespan of assets is also expected to propel the EAM market during the forecast period. Moreover, the need for asset visibility, tracking, performance, and control will lead to widescale adoption thereby accelerating the market expansion in the coming years.
Enterprise Asset Management Software Market Share
Based on type, the on-premise segment is expected to provide lucrative opportunities for growth in the EAM market share due to rising security concerns related to sensitive data of organizations. On premise solutions provide more control over data to the enterprises as it is hosted on the company's own infrastructure and managed by their own IT team.
Based on application, the SMEs segment will provide huge scope for growth in the enterprise asset management software market share as EAMs are being adopted by small and medium enterprises for enhancing their efficiency and styling relevant in the competitive marketplace.
Based on region, North America is expected to surge the growth in the enterprise asset management software market share due to presence of key players, various businesses adopting EAM softwares and strict regulatory compliance by government authorities.
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By Type
• On-premise
• Cloud-based
By Application
• Large Enterprises
• SMEs
By Company
• IBM
• CMMS Data Group
• Maintenance Connection
• Infor
• SAP America
• Fluke
• Assetic
• Atlassian
• RFgen Software
• Deighton
• GoCodes
• Vinity Soft
• Assetware Technology
• AVEVA Group
• E-Emphasys Technologies
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