DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Enterprise Asset Management Market: Global Industry Analysis and Opportunity Assessment, 2016-2026" report to their offering.
The global enterprise asset management market is expected to register a CAGR of 7.2% over the forecast period and is estimated to be valued at US$ 4,032.3 Mn by 2026 end.
Long-term benefits of implementing enterprise asset management solutions can help organisations narrow down costs related to various business processes and operations and enhance the management and maintenance control of their assets.
The primary factors driving the growth of the global enterprise asset management market include a paradigm shift towards cloud services and the emergence of the Internet of Things (IoT). Organisations are gradually increasing their investments in software as a substitute for manual labour and this is further expected to boost the growth of the global enterprise asset management market over the forecast period.
However, high costs associated with designing and implementing enterprise asset management solutions, lack of strategic planning post solution installation, and lack of skilled personnel to manage the enterprise asset management process is anticipated to hamper the growth of the global enterprise asset management market during the forecast period.
Major enterprise asset management solution providers are laying emphasis on introducing cloud-based enterprise asset management solutions to cater to the growing demand across various verticals, especially small and medium enterprises. Providers are also looking to integrate predictive analytics and ERP with their enterprise asset management solution offerings.
IBM Corporation, SAP SE, Oracle Corporation, ABB Ltd., IFS AB, Infor Inc., Ultimo Software Solutions bv, CARL International SA, eMaint Enterprises LLC, Mainsaver Inc., MEX Pty. Ltd., and AssetWorks LLC are some of the leading companies operating in the global enterprise asset management market.
Key Topics Covered:
1. Enterprise Asset Management Market - Executive Summary
2. Assumptions & Acronyms
3. Research Methodology
4. Market Overview
5. Global Enterprise Asset Management Market Analysis and Forecast, By Solution, 2016-2026
6. Global Enterprise Asset Management Market Analysis, By Services
7. Global Enterprise Asset Management Market Analysis, By Vertical
8. Global Enterprise Asset Management Market Analysis, By Region
9. North America Enterprise Asset Management Market Analysis
10. Latin America Enterprise Asset Management Market Analysis
For more information about this report visit http://www.researchandmarkets.com/research/gp95nr/enterprise_asset.