MarkNtel Advisors Releases Comprehensive Study on the Enterprise Asset Management Market, Forecasting Strong Growth from 2024 to 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Enterprise Asset Management Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Enterprise Asset Management Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
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Enterprise Asset Management Market Timeline Overview
-Historical Years: 2019-22
-Base Years: 2023
-Forecast year - 2024-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Enterprise Asset Management Market Outlook
According to the report, The Global Enterprise Asset Management Market size was valued at USD 4.4 billion in 2023 and is estimated to grow at a CAGR of around 10.8% during the forecast period, i.e., 2024-30.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
Enterprise Asset Management Market Drivers:
Rising Adoption of Cutting-Edge Technologies & Connected Devices – Internet penetration & smartphone accessibility have increased significantly during historical years. As per the statistics provided by the Data Reportal, in 2023, there were approximately 5.16 billion internet users across the globe, which is approximately 64.4% of the total world population. Similarly, smartphone accessibility across the globe has also increased. This proliferation of smart devices is creating a conducive environment for digital platforms & services. As a result, several organizations globally have shifted towards digital platforms & started offering their services via digital means. According to the BigCommerce Company, as of 2023, around 20% to 30% of organizations have moved to online platforms & around 60% of enterprises are planning to increase their online presence. Therefore, organizations are increasingly utilizing technology-based solutions to boost their online performance.
Enterprise Asset Management Market Challenge:
Concerns Regarding Data Security & Confidentiality Posing a Challenge for Market Growth – As organizations increasingly rely on digital platforms for managing assets, safeguarding sensitive information has become a top priority. Businesses are wary of data breaches & cyberattacks that can compromise crucial operational details like asset performance, maintenance schedules, and the like housed within Enterprise Asset Management (EAM) systems. According to the Statistics provided by Cobalt Labs Inc., one of the leading cybersecurity companies, in 2023, there were around 2,220 cyberattacks every day. These cyber security breaches are resulting in the loss of financial and other critical information. According to the survey by CompTIA company, 29% of the businesses that experience data breach undergoes financial loss.
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Enterprise Asset Management Market Segmentation
The study categorizes the Enterprise Asset Management Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Offering
- Solutions
- Services
- Professional services
- Planning & Consulting
- Training & Education
- Support & Maintenance
- Managed Services
By Application
- Asset Lifecycle Management
- Inventory Management
- Work order Management
- Labour Management
- Facility Management
- Others
By Deployment Model
- Cloud
- On-premises
By Organization Size
- Large Enterprises
- SMEs
By End User
- Manufacturing
- Energy & Utilities
- Healthcare & Life Sciences
- Transportation & Logistics
- Telecom
- Government & Public Sector
- Education
- Others
Geographical Analysis
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The report presents detailed insights into the Enterprise Asset Management Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
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Leading Companies in Enterprise Asset Management Market Worldwide: Players, Analysis & Future Outlook
IBM, SAP, Oracle, Hexagon, IFS, Hitachi Energy, IPS Intelligent Process Solutions, Accruent, Aveva, Aptean, Emaint, CGI, Upkeep, Assetworks, Ramco Systems, and Others are known as a top enterprise asset management company in the global market.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/enterprise-asset-management-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Enterprise Asset Management Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Enterprise Asset Management Market?
4. Who are the prominent players in the Enterprise Asset Management Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About us:
MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.
Reach Us:
MarkNtel Advisors
Sector 63, Noida, Uttar Pradesh-201301, India
Contact No: +91 8719999009
Email: sales@marknteladvisors.com
Visit our Website: https://www.marknteladvisors.com
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