Global Enterprise Asset Management Market 2017 - Forecast to 2022: Market Size is Expected to Grow from USD 3.44 Billion in 2017 to USD 6.05 Billion by 2022

DUBLIN, July 17, 2017 /PRNewswire/ --

The "Enterprise Asset Management Market by Component (Software and Services), Deployment Type (On-Premises and Cloud), Organization Size (SMES and Large Enterprises), Industry, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The Enterprise Asset Management market is expected to grow from USD 3.44 Billion in 2017 to USD 6.05 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period

Several factors, such as the increased asset of life aging infrastructure, reduced maintenance and procurement costs, increased tracking ability of assets in an organization, and improved return on assets, are responsible for the growth of the EAM market. Industries such as the government, oil and gas, manufacturing, healthcare, transportation and logistics, energy and utilities, and others, including the retail, and metal and mining have boosted the growth of the EAM market.

The EAM market is segmented by component (software and services), organization size, deployment type, industry, and region. The service component is expected to grow at the highest CAGR during the forecast period, because services help organizations in easily deploying the software on their premises or on cloud.

The cloud deployment type is expected to grow at the highest CAGR during the foecast period. Cloud-based services are provided directly through the cloud-deployed network connectivity. They help in reducing the overall costs, while also providing highly flexible and scalable access to solutions. Companies are deploying solutions on-cloud to improve the centralization, mobility, collaboration of data, and reduction of data loss during the transit. Security remains to be a critical issue, which restricts its adoption; however, this issue is gradually being eradicated through rigorous security tests, conducted to the highest standards by third parties. Due to these advantages, most vendors are switching from on-premises deployment type to the Software as a Service (SaaS)-based software.

• ABB Ltd
• CGI Group, Inc.
• Dude Solutions, Inc.
• Emaint
• IFS AB
• Infor
• International Business Machines Corporation
• Oracle Corporation
• Ramco Systems
• SAP SE
• Schneider Electric Sa
• Vesta Partners, LLC

For more information about this report visit https://www.researchandmarkets.com/research/38pwbz/enterprise_asset

About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

[ Back To TMCnet.com's Homepage ]