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Markets and Markets : Enterprise Asset Management (EAM) Market Poised to $4.23 Billion by 2019(M2 PressWIRE Via Acquire Media NewsEdge) According to new market research report "Enterprise Asset Management Market by Software Applications (Linear Assets, Non-Linear Assets, Field Service Management, Assets MRO) by Services (Implementation, Managed Services, Training & Support) - Worldwide Forecasts and Analysis (2014-2019)" ,by MarketsandMarkets, defines and segments the global EAM market into various sub-segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving the market, various restraints and opportunities impacting it along with the adoption trends. Browse 75 market data tables and 17 figures spread through 171 Pages and in-depth TOC on "Enterprise Asset Management Market " http://www.marketsandmarkets.com/Market-Reports/enterprise-asset-management-market-54576143.html Early buyers will receive 10% customization on this report. The biggest challenges for organizations are the harsh economic conditions and indecisive markets which makes it difficult for organizations to capitalize on its return on assets (ROA). The software vendors in the EAM market space are constantly designing and innovating on the one's software applications, as a result traditional asset management activities are evolving into a complete standard approach that impacts all divisions of the organization. The enterprise asset management (EAM) market is consolidated with big players such as IBM, SAP, Infor, Oracle, Ventyx, AssetPoint, Aventis, Ramco, and Motorola Solutions. The competition from these big players makes it difficult for small vendors to enter the EAM market. For more Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=54576143 The major factors driving this market are the administration of aging infrastructure, improved return on assets and the ability to track assets. The deployment cost of EAM software is one of the restraints for Small and Medium Businesses (SMBs) along with lack of awareness among organizations about the deployment and usage. Hence, cloud-based deployment solutions will prove to be more beneficial and can seize this opportunity by providing simpler solutions to organizations. Integration of EAM and big data analytics is another opportunity for software vendors. EAM solutions mainly focus on maintenance operations. EAM software applications support the entire enterprise operations onto a single database enabling integration of various applications. Some of the benefits that enterprise asset management solutions offer to organizations include higher asset productivity, reduced maintenance costs, and increased visibility of the operations and asset performance. In industries that operate in intrinsically hazardous environments such as oil and gas, metal and mining, organizations have to rely on effective asset management systems that will help augment the value of assets. MarketsandMarkets broadly segments the global EAM market by regions as North America (NA), Asia Pacific (APAC), Europe (EU), Middle East & Africa (MEA) and Latin America (LA); by software applications as linear assets, non-linear assets, field service management and assets MRO; by services as implementation, managed services and training and support; by user type as SMB's and large enterprise; by industry verticals such as government and utilities, oil and gas, manufacturing, healthcare, transportation, and others. MarketsandMarkets forecasts the global enterprise asset management (EAM) market to grow from $2.48 Billion in 2013 to $4.23 Billion in 2019. North America is expected to be the largest market in terms of market size, while Europe and Middle East and Africa (MEA) are expected to experience an increase in market traction during the forecasted period. Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=54576143 About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and Telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza, 17304, Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-600-6441 Email: [email protected] CONTACT: Mr. Rohan Tel: +1-888-600-6441 Email: [email protected] . (c) 2014 M2 COMMUNICATIONS |