Enterprise Asset Management: Applications and Global Markets

Report Scope:
In this report, the market has been segmented based on component, asset type, organization size, deployment, industry vertical and geography. The report provides an overview of the global enterprise asset management and analyzes market trends. It also focuses on the major trends and challenges that affect the market and the vendor landscape. Using 2018 as the base year, the report provides estimated market data for the forecast period 2019 through 2024. Revenue forecasts for this period are segmented based on the report's components. Market values have been estimated based on the total revenue of enterprise asset management solution providers.

Report Includes:

56 data tables and 23 additional tables
A brief overview and industry analysis of the global market for enterprise asset management (EAM) solutions
Analyses of global market trends with data from 2018 to 2019, and projections of compound annual growth rates (CAGRs) through 2024
Details of underlying factors contributing in the growth of global enterprise asset management market, which include increasing adoption of EAM solutions, controlling cost with lesser maintenance and procurement expenses, and improved asset utilization
Regional dynamics of the EAM market covering key geographical regions, including North America, Europe, Asia-Pacific (APAC), South America, and Middle East and Africa
Competitive landscape of the global EAM market featuring key players, their market shares analysis and financial details
Profile description of the market leading companies, including ABB Group, Aptean Inc., AVEVA Group Plc, IFS LINKÖPING, SAP SE and IBM Corp.

1. Introduction

Study Goals and Objectives
Scope of Report
Reasons for Doing the Study
Intended Audiences
Information Sources
Methodology
Geographic Breakdown
Analysts' Credentials
Related Reports

2. Summary and Highlights

3. Market Overview

History and Evolution of Enterprise Asset Management
Future of Enterprise Asset Management
Competitive Landscape
Market Leaders
Market Challengers
Niche Players
Market Drivers
Demand for Effective Management of Enterprise Resources
Strategic Shift in Enterprises from Reactive to Predictive Approach
Aging Infrastructure
Market Restrains
Lack of Awareness on the Importance of EAM
High Deployment Costs for SMEs
Market Opportunities
Introduction of Cloud-based Solutions
Advanced AI and Machine Learning for EAM

4. Market Breakdown by Component

Introduction
Enterprise Asset Management Software
Market Size and Forecast
Enterprise Asset Management Services
Market Size and Forecast

5. Market Breakdown by Asset Type

Introduction
Facilities
Market Size and Forecast
Linear Assets
Market Size and Forecast
Production Equipment
Market Size and Forecast
Fleet
Market Size and Forecast
Other Assets
Market Size and Forecast

6. Market Breakdown by Deployment

Introduction
On-premises Deployment
Market Size and Forecast
Cloud Deployment
Market Size and Forecast

7. Market Breakdown by Organization Size

Introduction
Small and Medium Enterprises
Market Size and Forecast
Large Enterprises
Market Size and Forecast

8. Market Breakdown by End-User Industry

Introduction
Aerospace and Defense
Market Size and Forecast
Automotive
Market Size and Forecast
Oil and Gas
Market Size and Forecast
Energy and Power
Market Size and Forecast
Government
Market Size and Forecast
Manufacturing
Market Size and Forecast
Metal and Mining
Market Size and Forecast
Retail
Market Size and Forecast
Others
Market Size and Forecast

9. Market Breakdown by Region

Introduction
North America
U.S.
Canada
Mexico
Europe
Germany
United Kingdom
France
Rest of Europe
Asia-Pacific
China
Japan
Rest of Asia-Pacific
Rest of the World

10. Company Profiles

ABB Group
APTEAN INC.
ASSETWORKS INC.
AVEVA GROUP PLC
CGI INC.
EMAINT ENTERPRISES LLC
IFS LINKÖPING
INFOR INC.
INTERNATIONAL BUSINESS MACHINES CORP.
INTELLIGENT PROCESS SOLUTIONS GMBH
MAINTENANCE CONNECTION (AN ACCRUENT COMPANY)
ORACLE CORP.
RFGEN SOFTWARE
SAP SE
UPKEEP MAINTENANCE MANAGEMENT

List of Tables

Summary Table: Overall Global Market for Enterprise Asset Management, by Region, Through 2024
Table 1: Global Market for Enterprise Asset Management, by Component, Through 2024
Table 2: Global Market for Enterprise Asset Management Software, by Region, Through 2024
Table 3: Global Market for Enterprise Asset Management Services, by Region, Through 2024
Table 4: Global Market for Enterprise Asset Management, by Asset Type, Through 2024
Table 5: Global Market for Enterprise Asset Management of Facilities, by Region, Through 2024
Table 6: Global Market for Enterprise Asset Management of Linear Assets, by Region, Through 2024
Table 7: Global Market for Enterprise Asset Management of Equipment, by Region, Through 2024
Table 8: Global Market for Enterprise Asset Management of Fleets, by Region, Through 2024
Table 9: Global Market for Enterprise Asset Management of Other Assets, by Region, Through 2024
Table 10: Global Market for Enterprise Asset Management, by Deployment, Through 2024
Table 11: Global Market for Enterprise Asset Management for On-premises Deployment, by Region, Through 2024
Table 12: Comparison of On-premises vs. Cloud EAM Solutions
Table 13: Global Market for Enterprise Asset Management for Cloud Deployment, by Region, Through 2024
Table 14: Global Market for Enterprise Asset Management, by Organization Size, Through 2024
Table 15: Global Market for Enterprise Asset Management for SMEs, by Region, Through 2024
Table 16: Global Market for Enterprise Asset Management for Large Enterprises, by Region, Through 2024
Table 17: Global Market for Enterprise Asset Management, by End-User Industry, Through 2024
Table 18: Global Market for Enterprise Asset Management in the Aerospace and Defense Sector, by Region, Through 2024
Table 19: Global Market for Enterprise Asset Management in the Automotive Sector, by Region, Through 2024
Table 20: Global Market for Enterprise Asset Management in the Oil and Gas Sector, by Region, Through 2024
Table 21: Global Market for Enterprise Asset Management in the Energy and Power Sector, by Region, Through 2024
Table 22: Global Market for Enterprise Asset Management in the Government Sector, by Region, Through 2024
Table 23: Global Market for Enterprise Asset Management in the Manufacturing Sector, by Region, Through 2024
Table 24: Global Market for Market for Enterprise Asset Management in the Metal and Mining Sector, by Region, Through 2024
Table 25: Global Market for Market for Enterprise Asset Management in the Retail Sector, by Region, Through 2024
Table 26: Global Market for Enterprise Asset Management in Other Industries, by Region, Through 2024
Table 27: Global Market for Enterprise Asset Management, by Region, Through 2024
Table 28: North American Market for Enterprise Asset Management, by Component, Through 2024
Table 29: North American Market for Enterprise Asset Management, by Deployment, Through 2024
Table 30: North American Market for Enterprise Asset Management, by Organization Size, Through 2024
Table 31: North American Market for Enterprise Asset Management, by Asset Type, Through 2024
Table 32: North American Market for Enterprise Asset Management, by End-User Industry, Through 2024
Table 33: North American Market for Enterprise Asset Management, by Country, Through 2024
Table 34: European Market for Enterprise Asset Management, by Component, Through 2024
Table 35: European Market for Enterprise Asset Management, by Deployment, Through 2024
Table 36: European Market for Enterprise Asset Management, by Organization Size, Through 2024
Table 37: European Market for Enterprise Asset Management, by Asset Type, Through 2024
Table 38: European Market for Enterprise Asset Management, by End-User Industry, Through 2024
Table 39: European Market for Enterprise Asset Management, by Country, Through 2024
Table 40: Asia-Pacific Market for Enterprise Asset Management, by Component, Through 2024
Table 41: Asia-Pacific Market for Enterprise Asset Management, by Deployment, Through 2024
Table 42: Asia-Pacific Market for Enterprise Asset Management, by Organization Size, Through 2024
Table 43: Asia-Pacific Market for Enterprise Asset Management, by Asset Type, Through 2024
Table 44: Asia-Pacific Market for Enterprise Asset Management, by End-User Industry, Through 2024
Table 45: Asia-Pacific Market for Enterprise Asset Management, by Country, Through 2024
Table 46: RoW Market for Enterprise Asset Management, by Component, Through 2024
Table 47: RoW Market for Enterprise Asset Management, by Deployment, Through 2024
Table 48: RoW Market for Enterprise Asset Management, by Organization Size, Through 2024
Table 49: RoW Market for Enterprise Asset Management, by Asset Type, Through 2024
Table 50: RoW Market for Enterprise Asset Management, by End-User Industry, Through 2024
Table 51: ABB Group: Net Revenue, 2016-2018
Table 52: ABB Group: Products and Services
Table 53: ABB Group: Recent Developments, 2018-2019
Table 54: Aptean Inc.: Products and Services
Table 55: Aptean Inc.: Recent Developments, 2017-2019
Table 56: AssetWorks Inc.: Products and Services
Table 57: AssetWorks Inc.: Recent Developments, 2018-2019
Table 58: AVEVA Group Plc: Products and Services
Table 59: AVEVA Group Plc.: Recent Developments, 2018-2019
Table 60: CGI Inc.: Products and Services
Table 61: CGI Inc.: Recent Developments, 2018-2019
Table 62: eMaint Enterprises, LLC: Products and Services
Table 63: IFS LINKOPING: Net Revenue, 2017-2018
Table 64: IFS LINKOPING: Products and Services
Table 65: IFS LINKOPING: Recent Developments, 2018-2019
Table 66: Infor Inc.: Net Revenue, 2017-2019
Table 67: Infor Inc.: Products and Services
Table 68: IBM Corp.: Net Revenue, 2016-2018
Table 69: IBM Corp.: Products and Services
Table 70: IBM Corp.: Recent Developments, 2018-2019
Table 71: Intelligent Process Solutions GmbH.: Products and Services
Table 72: Maintenance Connection: Products and Services
Table 73: Oracle Corp.: Net Revenue, 2017-2019
Table 74: Oracle Corp.: Products and Services
Table 75: RFgen Software: Products and Services
Table 76: SAP SE: Net Revenue, 2016-2018
Table 77: SAP SE: Products and Services
Table 78: Upkeep Maintenance Management: Products and Services

List of Figures

Summary Figure: Overall Global Market for Enterprise Asset Management, by Region, 2018-2024
Figure 1: Global Enterprise Asset Management Market, Competitive Landscape
Figure 2: Global Market for Enterprise Asset Management, by Component, 2018-2024
Figure 3: Global Market for Enterprise Asset Management Software, by Region, 2018-2024
Figure 4: Global Market for Enterprise Asset Management Services, by Region, 2018-2024
Figure 5: Global Market for Enterprise Asset Management, by Asset Type, 2018-2024
Figure 6: Global Market for Enterprise Asset Management of Facilities, by Region, 2018-2024
Figure 7: Global Market for Enterprise Asset Management of Linear Assets, by Region, 2018-2024
Figure 8: Global Market for Enterprise Asset Management of Equipment, by Region, 2018-2024
Figure 9: Global Market for Enterprise Asset Management of Fleets, by Region, 2018-2024
Figure 10: Global Market for Enterprise Asset Management of Other Assets, by Region, 2018-2024
Figure 11: Global Market for Enterprise Asset Management, by Deployment, 2018-2024
Figure 12: Global Market for Enterprise Asset Management for On-premises Deployment, by Region, 2018-2024
Figure 13: Global Market for Enterprise Asset Management for Cloud Deployment, by Region, 2018-2024
Figure 14: Global Market for Enterprise Asset Management, by Organization Size, 2018-2024
Figure 15: Global Market for Enterprise Asset Management for SMEs, by Region, 2018-2024
Figure 16: Global Market for Enterprise Asset Management for Large Enterprises, by Region, 2018-2024
Figure 17: Global Market Shares of Enterprise Asset Management, by End-User Industry, 2019
Figure 18: Global Market for Enterprise Asset Management in the Aerospace and Defense Sector, by Region, 2018-2024
Figure 19: Global Market for Enterprise Asset Management in the Automotive Sector, by Region, 2018-2024
Figure 20: Global Market for Enterprise Asset Management in the Oil and Gas Sector, by Region, 2018-2024
Figure 21: Global Market for Enterprise Asset Management in the Energy and Power Sector, by Region, 2018-2024
Figure 22: Global Market for Enterprise Asset Management in the Government Sector, by Region, 2018-2024
Figure 23: Global Market for Enterprise Asset Management in the Manufacturing Sector, by Region, 2018-2024
Figure 24: Global Market for Market for Enterprise Asset Management in the Metal and Mining Sector, by Region, 2018-2024
Figure 25: Global Market for Enterprise Asset Management in the Retail Sector, by Region, 2018-2024
Figure 26: Global Market for Enterprise Asset Management in Other Industries, by Region, 2018-2024
Figure 27: Global Market for Enterprise Asset Management, by Region
Figure 28: Global Market Shares of Enterprise Asset Management, by Region, 2018
Figure 29: U.S. Market for Enterprise Asset Management, 2018-2024
Figure 30: Canadian Market for Enterprise Asset Management, 2018-2024
Figure 31: Mexican Market for Enterprise Asset Management, 2018-2024
Figure 32: German Market for Enterprise Asset Management, 2018-2024
Figure 33: U.K. Market for Enterprise Asset Management, 2018-2024
Figure 34: French Market for Enterprise Asset Management, 2018-2024
Figure 35: Rest of the European Market for Enterprise Asset Management, 2018-2024
Figure 36: Chinese Market for Enterprise Asset Management, 2018-2024
Figure 37: Japanese Market for Enterprise Asset Management, 2018-2024
Figure 38: Rest of Asia-Pacific Market for Enterprise Asset Management, 2018-2024
Figure 39: ABB Group: Sales Shares, by Component, 2018
Figure 40: ABB Group: Sales Shares, by Region, 2018
Figure 41: IFS LINKOPING: Sales Shares, by Region, 2018
Figure 42: Infor Inc.: Sales Shares, by Component, 2019
Figure 43: Infor Inc.: Sales Shares, by Region, 2019
Figure 44: IBM Corp.: Sales Shares, by Business Segment, 2018
Figure 45: IBM Corp.: Sales Shares, by Region, 2018
Figure 46: Oracle Corp.: Sales Shares, by Business Segment, 2019
Figure 47: Oracle Corp.: Sales Shares, by Region, 2019
Figure 48: SAP SE: Sales Shares, by Component 2018
Figure 49: SAP SE: Sales Shares, by Region, 2018

Executive Summary

Enterprise asset management is an integrated plant operation solution that helps companies to operate their plants efficiently by maintaining continuous equipment functioning at the lowest cost. Enterprise asset management (EAM) solutions enable companies to bring assets online and further manages these assets throughout their operational life and during equipment replacement. Some of the important functions of enterprise asset management solutions include planning of plant maintenance activity, spare parts tracking and visibility across multiple operational facilities, and tracking of capital and customer funded projects. The most important value that companies receive from EAM is increased return on investment (ROI) from plants and equipment.

EAM solutions maximize asset utilization and production yield by maintaining critical equipment in peak operating condition. They help asset managers proactively manage preventive and predictive maintenance by reducing unplanned and emergency repairs. EAM solutions closely monitor several phases of projects such as equipment performance, scheduling and projects budgets. These solutions provide automatic alerts as the expense levels approach threshold values.

Major business drivers include cost control through reduced maintenance and procurement expenses, improvement in plant and equipment performance, timely asset maintenance, decline in replacement of assets and reduced costs related to over maintenance. However, market growth is being restrained by factors such as lack of awareness on the benefits of EAM and lack of importance on maintenance from companies across different industry verticals.

Based on components, the EAM market has been categorized into software and services. EAM software generally maintains a database of information about maintenance operations. The information helps maintenance workers conduct their work more efficiently. The software also maintains maintenance records,which helps companies meet regulatory compliance standards. The services component of the EAM market includes both implementation and maintenance services. Service providers provide an entire range of service which are required to successfully implement an asset management system. The implementation of EAM solution can vary based on the specific requirements of the client and the industry vertical

Companies Mentioned

ABB Group
Aptean Inc.
Assetworks Inc.
Aveva Group Plc
CGI Inc.
Emaint Enterprises Llc
IFS Linköping
Infor Inc.
Intelligent Process Solutions Gmbh
International Business Machines Corp.
Maintenance Connection (An Accruent Company)
Oracle Corp.
Rfgen Software
SAP Se
Upkeep Maintenance Management

Table of Contents

Executive Summary

Companies Mentioned

Related Topics

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