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

  • ID: 4319241
  • Report
  • Region: Global
  • 136 Pages
  • Markets and Markets
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The EAM Market Size 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%

FEATURED COMPANIES

  • ABB Ltd
  • CGI Group, Inc.
  • Dude Solutions, Inc.
  • eMaint
  • IFS AB
  • Infor
  • MORE

Increased asset of the life aging infrastructure, and reduced maintenance and procurement costs are driving the Enterprise Asset Management (EAM) market

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 have led to the adoption of EAM. Lack of awareness about the benefits of deploying EAM solutions is one of the restraints for the EAM market.

Energy and utilities industry is expected to grow at the highest CAGR during the forecast period

The energy and utilities industry is expected to grow at the highest CAGR during the forecast period. EAM solutions are largely deployed in the energy and utilities industry. These solutions help address operational challenges, such as inspections, and wear and tear monitoring, and offer preventive maintenance and usage monitoring. Assets such as power stations, gas pipelines, and electricity cables are the livelihood of the utilities sector. EAM solutions also help maximize the Returns on Investment (RoI) by providing solutions in every step of the asset lifecycle. Integration with customer information systems gives the utilities sector a complete view of asset performance and usage history by performing the utility rate analysis. In this analysis, activities with maximum impact on costs are identified. The main reason for deploying EAM solutions in the energy and utilities industry is the increasing regulatory-driven operational requirements and civil penalties.

North America is expected to have the highest growth rate during the forecast period

North America is expected to grow at the highest CAGR in the EAM market during the forecast period. EAM is a steadily growing market in North America, which includes countries, such as the US, Canada, Mexico, Hawaii, and Cuba. With the increasing adoption of EAM solutions in the government and manufacturing industries in the US and Canada, the EAM market is set to grow at a rapid pace in this region. The Field Service Management (FSM) software is expected to be the highest revenue generator in North America, in the future. Revenue from training and support services is also expected to surge in this region. North America is one of the largest markets for EAM solutions, in terms of market size. The factors driving the growth of the EAM market in North America are the stable economy, technology advancements, and newer infrastructure demands.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. Break-up of profile of primary participants is as follows:

  • By Company: Tier 1 - 17%, Tier 2 - 47%, and Tier 3 - 36%
  • By Designation: C-level - 64%, Manager level - 30%, and Others - 6%
  • By Region: North America - 68%, Europe - 12%, APAC - 9%, MEA - 7%, and Latin America - 4%

The EAM ecosystem comprises major vendors, such as ABB Ltd. (Switzerland), CGI Group Inc. (US), Dude Solutions, Inc. (US), eMaint (US), International Business Machines (IBM) Corporation (US), IFS AB (Sweden), Infor (US) Oracle Corporation (US), Ramco Systems (India), SAP SE (Germany), Schneider Electric SA (France), and Vesta Partners, LLC (US).

Research Coverage

The report includes in-depth competitive analysis of these key players in the EAM market, with their company profiles, recent developments, and key market strategies. The research report segments the EAM market by component (software and services), deployment type, organization size, industry vertical, and region.

Reasons to Buy the Report

The EAM market has been segmented on the basis of components (software and services), deployment types, organization sizes, industries, and regions. The report will help the market leaders/new entrants in this market in the following ways:

1. The report segments the EAM market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split across various industries and regions.

2. The report helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders in better understanding the competitors and gaining more insights to better position their businesses. There is a separate section on competitive landscape, including competitor ecosystem, and mergers and acquisitions. Besides, there are company profiles of 12 players offering services in this market. In this section, market internals have been provided that can put them ahead of the competitors.

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FEATURED COMPANIES

  • ABB Ltd
  • CGI Group, Inc.
  • Dude Solutions, Inc.
  • eMaint
  • IFS AB
  • Infor
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary Interviews
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Microquadrant Matrix
2.3.1 Microquadrant Matrix: Weightage Criteria
2.3.2 Microquadrant Description
2.4 Research Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Enterprise Asset Management Market
4.2 Market By Industry and Region
4.3 Market By Deployment Type
4.4 Enterprise Asset Management, By Software
4.5 Enterprise Asset Management, By Service
4.6 Enterprise Asset Management, By Organization Size
4.7 Market Potential
4.8 Lifecycle Analysis, By Region (2017)

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Asset Life of Aging Infrastructure
5.2.1.2 Reduced Maintenance and Procurement Costs
5.2.1.3 Increased Tracking Ability of Assets in an Organization
5.2.1.4 Improved Roa
5.2.2 Restraints
5.2.2.1 High Deployment Cost for SMES
5.2.3 Opportunities
5.2.3.1 Increase in the Adoption of Cloud-Based Solutions
5.2.3.2 Integration of EAM and Big Data Analytics
5.2.4 Challenges
5.2.4.1 Rapid Changes in Technology
5.2.4.2 Lack of Expertise and Talent

6 Enterprise Asset Management Market Analysis, By Software
6.1 Introduction
6.2 Linear Assets
6.2.1 Road
6.2.2 Railway
6.2.3 Pipeline
6.2.4 Electricity Transmission Line
6.3 Non-Linear Assets
6.3.1 Fleet
6.3.2 Equipment
6.3.3 Building
6.4 Field Service Management
6.5 Asset Maintenance, Repair, and Operations

7 Enterprise Asset Management Market Analysis, By Service
7.1 Introduction
7.2 Professional Services
7.3 Managed Services

8 Market Analysis, By Deployment Type
8.1 Introduction
8.2 Cloud
8.3 On-Premises

9 Market Analysis, By Organization Size
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.3 Large Enterprises

10 Enterprise Asset Management Market Analysis, By Industry
10.1 Introduction
10.2 Government
10.3 Oil and Gas
10.4 Manufacturing
10.5 Healthcare
10.6 Transportation and Logistics
10.7 Energy and Utilities
10.8 Others

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 The Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Microquadrant Overview
12.1.1 Visionary Leaders
12.1.2 Innovators
12.1.3 Dynamic Differentiators
12.1.4 Emerging Companies
12.2 Competitive Benchmarking
12.2.1 Business Strategies Adopted By Major Players in the Enterprise Asset Management Market
12.2.2 Analysis of Product Portfolio of Major Players in the Market

13 Company Profiles
(Overview, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments)*
13.1 ABB Ltd
13.2 CGI Group, Inc.
13.3 Dude Solutions, Inc.
13.4 eMaint
13.5 International Business Machines (IBM) Corporation
13.6 IFS AB
13.7 Infor
13.8 Oracle Corporation
13.9 Ramco Systems
13.10 SAP SE
13.11 Schneider Electric SA
13.12 Vesta Partners, LLC
*Details on Overview, Product Offering Scorecard, Business Strategy Scorecard, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights From Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Subscription Portal
14.4 Introduction RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables
Table 1 Enterprise Asset Management Market Size and Growth Rate, 2015-2022 (USD Million, Y-O-Y %)
Table 2 Market Size, By Software, 2015-2022 (USD Million)
Table 3 Linear Assets: Market Size, By Type, 2015-2022 (USD Million)
Table 4 Linear Assets: Market Size, By Region, 2015-2022 (USD Million)
Table 5 Road: Market Size, By Region, 2015-2022 (USD Million)
Table 6 Railway: Market Size, By Region, 2015-2022 (USD Million)
Table 7 Pipeline: Market Size, By Region, 2015-2022 (USD Million)
Table 8 Electricity Transmission Line: Market Size, By Region, 2015-2022 (USD Million)
Table 9 Non-Linear Assets: Market Size, By Type, 2015-2022 (USD Million)
Table 10 Non-Linear Assets: Market Size, By Region, 2015-2022 (USD Million)
Table 11 Fleet: Market Size, By Region, 2015-2022 (USD Million)
Table 12 Equipment: Market Size, By Region, 2015-2022 (USD Million)
Table 13 Building: Market Size, By Region, 2015-2022 (USD Million)
Table 14 Field Service Management: Market Size, By Region, 2015-2022 (USD Million)
Table 15 Asset Maintenance, Repair, and Operations: Market Size, By Region, 2015-2022 (USD Million)
Table 16 Enterprise Asset Management Market Size, By Service, 2015-2022 (USD Million)
Table 17 Services: Market Size, By Region, 2015-2022 (USD Million)
Table 18 Professional Services: Market Size, By Region, 2015-2022 (USD Million)
Table 19 Managed Services: Market Size, By Region, 2015-2022 (USD Million)
Table 20 Market Size, By Deployment Type, 2015-2022 (USD Million)
Table 21 Cloud: Market Size, By Region, 2015-2022 (USD Million)
Table 22 On-Premises: Market Size, By Region, 2015-2022 (USD Million)
Table 23 Market Size, By Organization Size, 2015-2022 (USD Million)
Table 24 Small and Medium-Sized Enterprises: Market Size, By Region, 2015-2022 (USD Million)
Table 25 Large Enterprises: Market Size, By Region, 2015-2022 (USD Million)
Table 26 Enterprise Asset Management Market Size, By Industry, 2015-2022 (USD Million)
Table 27 Government: Market Size, By Region, 2015-2022 (USD Million)
Table 28 Oil and Gas: Market Size, By Region, 2015-2022 (USD Million)
Table 29 Manufacturing: Market Size, By Region, 2015-2022 (USD Million)
Table 30 Healthcare: Market Size, By Region, 2015-2022 (USD Million)
Table 31 Transportation and Logistics: Market Size, By Region, 2015-2022 (USD Million)
Table 32 Energy and Utilities: Market Size, By Region, 2015-2022 (USD Million)
Table 33 Others: Market Size, By Region, 2015-2022 (USD Million)
Table 34 Enterprise Asset Management Market Size, By Region,  2015-2022 (USD Million)
Table 35 North America: Market Size, By Component, 2015-2022 (USD Million)
Table 36 North America: Market Size, By Software, 2015-2022 (USD Million)
Table 37 North America: Market Size, By Service, 2015-2022 (USD Million)
Table 38 North America: Market Size, By Deployment Type, 2015-2022 (USD Million)
Table 39 North America: Market Size, By Industry, 2015-2022 (USD Million)
Table 40 North America: Market Size, By Organization Size, 2015-2022 (USD Million)
Table 41 Europe: Enterprise Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 42 Europe: Market Size, By Software, 2015-2022 (USD Million)
Table 43 Europe: Market Size, By Service, 2015-2022 (USD Million)
Table 44 Europe: Market Size, By Deployment Type, 2015-2022 (USD Million)
Table 45 Europe: Market Size, By Industry, 2015-2022 (USD Million)
Table 46 Europe: Market Size, By Organization Size, 2015-2022 (USD Million)
Table 47 Asia Pacific: Enterprise Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 48 Asia Pacific: Market Size, By Software, 2015-2022 (USD Million)
Table 49 Asia Pacific: Market Size, By Service, 2015-2022 (USD Million)
Table 50 Asia Pacific: Market Size, By Deployment Type, 2015-2022 (USD Million)
Table 51 Asia Pacific: Market Size, By Industry, 2015-2022 (USD Million)
Table 52 Asia Pacific: Market Size, By Organization Size, 2015-2022 (USD Million)
Table 53 The Middle East and Africa: Enterprise Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 54 The Middle East and Africa: Market Size, By Software, 2015-2022 (USD Million)
Table 55 The Middle East and Africa: Market Size, By Service, 2015-2022 (USD Million)
Table 56 The Middle East and Africa: Market Size, By Deployment Type, 2015-2022 (USD Million)
Table 57 The Middle East and Africa: Market Size, By Industry, 2015-2022 (USD Million)
Table 58 The Middle East and Africa: Market Size, By Organization Size, 2015-2022 (USD Million)
Table 59 Latin America: Enterprise Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 60 Latin America: Market Size, By Software, 2015-2022 (USD Million)
Table 61 Latin America: Market Size, By Service, 2015-2022 (USD Million)
Table 62 Latin America: Market Size, By Deployment Type, 2015-2022 (USD Million)
Table 63 Latin America: Market Size, By Industry, 2015-2022 (USD Million)
Table 64 Latin America: Market Size, By Organization Size, 2015-2022 (USD Million)

List of Figures
Figure 1 Enterprise Asset Management Market: Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Microquadrant Description
Figure 8 Enterprise Asset Management Market: Assumptions
Figure 9 Fastest-Growing Segments of the Market During 2017-2022
Figure 10 North America is Estimated to Hold the Largest Market Share in 2017
Figure 11 Integration of Enterprise Asset Management With Big Data Analytics is Expected to Act as an Attractive Market Opportunity
Figure 12 Government Industry and North America are Estimated to Hold the Largest Market Shares in 2017
Figure 13 Cloud Deployment Type is Expected to Grow at A Higher CAGR in the Enterprise Asset Management Market By 2022
Figure 14 Linear Assets Software is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 15 Managed Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 16 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 17 North America is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 18 The Middle East and Africa and Asia Pacific are the Fastest-Growing Regions in the Enterprise Asset Management Market
Figure 19 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 20 Linear Assets Software is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Managed Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 Cloud Deployment Type is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 23 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 24 Energy and Utilities Industry is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 North America is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Regional Snapshot: Asia Pacific is the Emerging Region in the Enterprise Asset Management Market (2017-2022)
Figure 27 North America: Market Snapshot
Figure 28 Asia Pacific: Market Snapshot
Figure 29 Competitive Leadership Mapping, 2017
Figure 30 ABB Ltd: Company Snapshot
Figure 31 CGI Group, Inc.: Company Snapshot
Figure 32 International Business Machines Corporation: Company Snapshot
Figure 33 IFS AB: Company Snapshot
Figure 34 Infor: Company Snapshot
Figure 35 Oracle Corporation: Company Snapshot
Figure 36 Ramco Systems: Company Snapshot
Figure 37 SAP SE: Company Snapshot
Figure 38 Schneider Electric SA: Company Snapshot

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  • ABB Ltd
  • CGI Group, Inc.
  • Dude Solutions, Inc.
  • IFS AB
  • Infor
  • International Business Machines (IBM) Corporation
  • Oracle Corporation
  • Ramco Systems
  • SAP SE
  • Schneider Electric SA
  • Vesta Partners, LLC
  • eMaint
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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