- Language: English
- Published: March 2014
- Region: Global
Strategic Analysis of the Global Enterprise Asset Management Solutions Market
- ID: 2372784
- December 2012
- Region: Global
- 124 Pages
- Frost & Sullivan
Along with optimized cost control and resource allocation, safety, health, and environmental legislation compliance are anticipated to drive demand for the EAM market. The emergence of full-fledged ERP solutions incorporating EAM features is increasing the competitive nature of the market and allowing customers with lots of choices, but at the same time, right-sizing of the solutions meeting customer demand is a major issue.
Some emerging end users adopting EAM solutions apart from the traditional oil and gas and power sectors are water and waste water, paper and pulp, and pharmaceutical companies.
Despite economic uncertainty in the EMEA region, spending on asset management software and services has remained healthy in most regions. The emerging markets of Latin America, Asia Pacific, and Eastern Europe continue to offer opportunities for EAM market expansion for software and services.
The market is moving from reactive maintenance to preventive maintenance and from preventive maintenance to predictive maintenance. In the forecast period, the market is anticipated to move toward virtualization and greater availability of remote solutions. Strategic partnerships with key automation participants, ERP vendors, IT participants, and pure participants are expected to generate greater market share for existing EAM solution providers.
A major factor for growth in EAM sales is going to be driven by services, with prominent growth from maintenance and support services and moderate growth in implementation services. Oil and gas, metals and mining, and electric power and industrial manufacturing industries are fields in which strong EAM software sales growth is expected.
Emerging Trends and Growth Opportunities for Test and Monitoring Companies
The over-the-top (OTT) video test and monitoring market offers tremendous growth opportunities for test equipment vendors. This study covers the state of the over-the-top video test and monitoring market, examining drivers and restraints for growth and geographical trends. Forecasts are provided for regional market growth. In addition, an analysis of the competitive situation including vendors' market shares is performed. The base year is 2011, with forecasts running through 2018. Detailed analysis is included for four geographic regions: North America, Europe, Asia-Pacific, and Rest of World.
Key Questions This Study Will Answer
- What are the emerging trends and growth opportunities provided by OTT services for test and monitoring vendors?
- What are the key market trends across different geographical regions—North America, Europe,
- Asia-Pacific, and Rest of World?
- How will the demand for test and monitoring solutions increase over the next seven years?
- Who are the leading companies offering over-the-top test solutions in 2012? How is the competitive scenario expected to change over the next few years? SHOW LESS READ MORE >
Total Over-the-top Video Test and Monitoring Market
- External Challenges: Drivers and Restraints
- Forecasts and Trends
- Market Share and Competitive Analysis
The Last Word (Conclusions and Implications)