Enterprise Asset Management Market Size and Share - Outlook Report, Forecast Trends and Growth Analysis (2025-2034)

The global enterprise asset management market size attained a value of USD 5.10 Billion in 2024. The market is further expected to grow at a CAGR of 11.90% between 2025 and 2034, to reach a value of USD 15.70 Billion by 2034.

Key Trends in the Market

Enterprise asset management or EAM refers to the technological methods of optimising an organisation’s asset management, while boosting operational efficiency. Enterprise asset management directs the lifecycle of valuable and complex assets of an enterprise to maintain, optimise, and control the overall quality of the assets. EAM systems include software, hardware, and services to cater to the asset management needs of an organisation.

• As per the enterprise asset management market analysis, digitalisation across various sectors is triggering the growth of enterprise asset management market forecast. Enterprise asset management has been gaining traction in sectors such as healthcare, government, and manufacturing, among others as larger operations are carried out.
• Increasing demand for enterprise asset management solutions in food processing sector, to optimise asset utilisation, enhance the production yield, and monitor asset performance, is adding to the enterprise asset management market value. In addition, the increasing demand for premium packaged food products is fuelling the market numbers.
• Collaborations between tech giants, aimed towards transforming businesses and enhancing technological capabilities are leading to a development of innovative enterprise asset management solutions. The enterprise asset management market report also suggests that development and emergence of advanced technologies such as IoT sensors, artificial intelligence (AI), and computerised maintenance asset management, among others, are key enterprise asset management market trends.

Market Segmentation

The report titled “Enterprise Asset Management Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Deployment

• Cloud
• On-Premise

Market Breakup by Enterprise Size

• Large Enterprises
• Small and Medium Enterprises (SMEs)

Market Breakup by End-Use

• Manufacturing
• Facility Management
• Healthcare
• Education
• Government
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Share by Deployment

The cloud segment, based on deployment, accounts for a healthy portion of the enterprise asset management market share. The assets of an organisation can be easily tracked using a cloud-based EAM software which can help a company maintain the record of its assets, liabilities, and investments in real-time with access support for any location. EAM cloud deployments reduce asset management costs, can set accurate budgets much faster than traditional manual documentation, and can track asset management activities 24X7. Moreover, cloud EAM software can consolidate asset applications to one system of technology, predict future asset parameters, provide in-depth financial analysis, and maximise asset efficiencies, which are leading to a higher adoption rate of cloud enterprise asset management software across organisations.

Market Share by End-Use

Based on end-use, the manufacturing segment accounts for a significant share in the enterprise asset management market. According to the enterprise asset management market report, the thriving manufacturing sector, coupled with rapid digitalisation is driving the segment’s growth. The increasing adoption of enterprise asset management tools in manufacturing units to reduce maintenance and operation costs, monitor asset performance, manage inventory procurement, and optimise the equipment and machinery uptime, is adding to the enterprise asset management market report growth. Over the forecast period, the fast-paced growth of consumer electronics, FMCG, and pharmaceuticals, among manufactured products, are expected to generate a healthy demand for enterprise asset management solutions and services for manufacturing end-uses.

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global enterprise asset management market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

ABB Ltd

ABB Ltd is a leading engineering company which provides technological solutions such as control room solutions, drives, industrial software, and measurement and analytics, among others. The company provides expertise to various industries including mining, oil and gas, and automotive. ABB Ltd was founded in 1988 and is headquartered in Zurich, Switzerland.

CGI Inc.

CGI Inc. is a leading information technology consultation company, the product portfolio of which includes business consulting, systems integration, managed IT services, and infrastructure services, among others. Solutions developed by this company include CGI Advantage, CGI Open Grid360, and CGI Retail Suite. The company was established in 1976 and is headquartered in Quebec, Canada.

eMaint Enterprises, LLC.

eMaint Enterprises, LLC. is a prominent software company which develops and delivers high-quality ground-breaking asset reliability platforms, maintenance tools, and software solutions. The company also offers expertise in enterprise asset, work, and inventory management. Founded in 1986, eMaint Enterprises is currently headquartered in Florida in the United States.

Other market players include IBM Corporation, IFS AB, Hexagon AB, Oracle Corporation, Ramco Systems Limited, SAP SE, and UpKeep Technologies, Inc., among others.