Global Enterprise Asset Management Market worth USD 3.89 billion in 2016 and expected to reach USD 6.51 billion by 2022, at a CAGR of 8.9% from 2016 to 2022.

The objective of this report is to describe the market trends and revenue forecasts for the enterprise asset management market for the next five years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the enterprise asset management market. The scope of this report covers the enterprise asset management market by its major segments, which include the types, solutions, services, end-users, and the major geographic regions.

KEY BENEFITS OF THE REPORT:
Understanding of the strategies that are being adopted by the key players in this market to stay competitive
Granular analysis about the growth map of the market during the next five years
Comprehensive analysis of the key market players and their market share
KEY PREMIUM INDUSTRY INSIGHTS:
The growth of the enterprise asset management market is attributed to the growing focus of the organizations on enhancing asset life and reducing the long-term operational & maintenance cost.
Also, the rising integration of IoT technologies across major end-user verticals is expected to boost the market growth over the forecast period.
Demand for cloud-based solutions and big data platform integration in growing economies are expected to provide significant opportunities for the key vendors.
However, the high cost of deployment and lack of awareness in developing regions regarding the benefits of EAM solutions and services may hinder the growth of the enterprise asset management market.
Moreover, incompatibility of enterprise asset management technology with existing data centers and inconsistent changes in the technology are inhibiting the growth of the enterprise asset management market.
MARKET SEGMENTATION:
This report analyzes the enterprise asset management market by the following segments:

Enterprise Asset Management Market, by Solution
Database Solution
Predictive Maintenance Solution
Analytics Solution
Mobile Solution
Cloud-based Solution
Enterprise Asset Management Market, by Service
Consulting Service
Implementation & Integration Service
Training & Support Service
Enterprise Asset Management Market, by End-user
Public Sector
Oil & Gas
Manufacturing
Healthcare
Energy & Utility
Transportation
Other End-users
KEY MARKET PLAYERS:
Key players in the enterprise asset management market include:

Real Asset Management
Infor
AssetWorks LLC
Mainsaver, Inc.
IBM Corporation
ABB Ltd.
SAP SE
Oracle Corporation
Schneider Electric