Navigation Links
Enterprise Asset Management Market Expected to Reach $4.23 Billion by 2019 – New Report by MarketsandMarkets

(PRWEB) August 05, 2014

The report "Enterprise Asset Management Market by Software Applications (Linear Assets, Non-Linear Assets, Field Service Management, Assets MRO) by Services (Implementation, Managed Services, Training & Support) - Worldwide Forecasts and Analysis (2014-2019)" by MarketsandMarkets defines and segments the global EAM market into various sub-segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving the market, various restraints and opportunities impacting it along with the adoption trends.

Browse 75 market data tables and 17 figures spread through 170 Pages and in-depth TOC on "Enterprise Asset Management Market."

Early buyers will receive 10% customization on this report.

Inquiry Before Buying @

MarketsandMarkets forecasts the global enterprise asset management (EAM) market to grow from $2.48 Billion in 2013 to $4.23 Billion in 2019. North America is expected to be the largest market in terms of market size, while Europe and Middle East and Africa (MEA) are expected to experience an increase in market traction during the forecasted period.

MarketsandMarkets broadly segments the global EAM market by regions as North America (NA), Asia Pacific (APAC), Europe (EU), Middle East & Africa (MEA) and Latin America (LA); by software applications as linear assets, non-linear assets, field service management and assets MRO; by services as implementation, managed services and training and support; by user type as SMB’s and large enterprise; by industry verticals such as government and utilities, oil and gas, manufacturing, healthcare, transportation, and others.

EAM is predominantly one of the precise methods to manage and optimize the functioning of the organization’s assets. The accountability for these expansive assets and the requirement for timely update, has led to the rapid adoption of EAM solutions. These solutions have been additionally implemented to accurately determine the total lifespan and functioning channel of the organization specific assets. EAM solutions not only optimize the overall inventory cost for the organization but also enable the simplicity in work for the workforce.

The administration of aging infrastructure, facilitation in asset tracking, and Improved Return on Assets (ROA) are currently acting as drivers to the EAM market. Further, the EAM solutions are efficient enough to enhance the productivity, and responsiveness of the asset through integration of analytic methods. EAM solutions can be easily deployed by organizations for all types of its assets, namely linear and non-linear. Presently, the integration of EAM with ERP systems is growing in demand especially in the regions of North America and Middle East because of the cost efficiency involved, and the consolidation and support provided to various business functionalities.

Request for Customization@

EAM solutions have been mostly acknowledged by many organizations present in various industry
verticals, but are still a challenge for several Small and Medium Businesses (SMBs) where cost and asset specific management workforce are a major constraint here. Further, the more complex specifications desired by the organization for asset management, and its related statistical analysis of the equipments, intensifies the expenses in the organization. The EAM market is consolidated with numerous big players which have made it difficult for small and new players to venture into this market.

EAM solutions offer organizations with optimum and reliable techniques to boost the business efficiency, and also manage its businesses pertaining to the assets. These solutions continuously supervise the working of assets, provide updates on the equipment status, highlight the warranty and guarantee periods, and give the complete picture of the lifecycle of the asset. Thus, this maximizes the Return on Investment (ROI) of the asset for the organization. The latest EAM solutions are being offered as complete packaged solutions by the vendors, which has led to higher adoption by the organizations. The integration of ERP with EAM, the emergence of asset tracking with Geographic Information System (GIS), and the modified performance through preventive maintenance has further heightened the growth in the EAM market. Moreover, the potential to transform business processes through effective EAM has also provided a boost for this market leading to increased productivity and profitability.

This report analyzes the way EAM will help organizations to maintain business operations efficiently with the use of these solutions. It also analyzes the rate of growth and implementation of these solutions across various industry verticals and regions.

Purchase Copy of Report Today!

Browse Related Report

Railway Management System Market (Operations Management, Intelligent Signaling, Traffic Analytics, Asset Management, Control Systems, Maintenance Management, System Integration, Cloud Hosting) - Worldwide Market Forecasts and Analysis (2014-2019)

Airport & Marine Port Security Market [Access Control, Video Surveillance, Screening & Scanning, Asset and Visitor Management, Perimeter Intrusion Detection, Network Security] - Worldwide Market Forecasts and Analysis 2018

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @
Connect with us on LinkedIn @

Read the full story at

Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. Kudos for 3 NJIT Enterprise Development Center high-tech companies
2. Dominion Enterprises Employees Hit The Streets for CHKD Walk
3. Eclipse Offers Enterprise Document Generation Competitive Upgrade
4. GLOBODOX (Enterprise Document Management Software) Launches Contest for Legal Experts to Define Technology Challenges Expected in 2013
5. USHEALTH Group, Inc. Acquires Enterprise Life Insurance Company
6. QuickMedical Launches Fabrication Enterprises Physical Therapy/Occupational Therapy Products
7. The Hong Kong Polytechnic University promotes knowledge enterprises through MAKE Award
8. Application Development Firm Anahata Technologies Pty Ltd Announces JavaFX 2.0 as Technology of Choice for Enterprise Applications
9. Application Development Company Anahata Technologies Announces CentOS As Server OS Of Choice For Enterprise Applications
10. Henry Ford Expands Use of Apollo EPMM® to Provide Clinical Multimedia Management Solutions Enterprise-wide
11. Maiden Media Group Certified as Minority Business Enterprise in Philadelphia
Post Your Comments:
(Date:11/27/2015)... ... 2015 , ... The men and women on this list ... the country. They have overseen financial turnarounds, shown commitment to their community through ... as a whole through their advocacy and professional efforts. , Becker's Hospital Review ...
(Date:11/27/2015)... San Francisco, California (PRWEB) , ... November 27, 2015 , ... ... 1969 Janis Joplin Ann Arbor Michigan boxing style concert posters. This is one of ... 1969 at the Canterbury House at the University of Michigan in Ann Arbor. The ...
(Date:11/26/2015)... ... November 26, 2015 , ... Patients at Serenity Point Recovery, ... together on Thanksgiving Day to share the things that they are most grateful ... Point YouTube channel, patients displayed what they wrote on index cards, describing the ...
(Date:11/26/2015)... ON and Cambridge, ON (PRWEB) , ... November ... ... today the availability of a real-time eReferral system for diagnostic imaging in the ... ultrasounds, X-rays, mammography, BMD and Nuclear Medicine tests directly from their electronic medical ...
(Date:11/26/2015)... ... November 26, 2015 , ... The Catalent Applied Drug Delivery ... to integrate dose form selection in early phase drug development. The first of ... and bringing together the UK’s emerging life sciences companies, corporate partners, and investors, ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... Research and Markets ( ) has announced the ... Type (Dressings, Therapy Devices, Active Wound Care), Application (Surgical ... Geography - Global Forecast to 2020" report to ... --> The purpose of this report is to ... advanced wound care market. It involves deep dive analysis ...
(Date:11/26/2015)... , November 26, 2015 /PRNewswire/ ... --> adds "Global ... and "Investigation Report on China Repaglinide ... 2021 forecasts data and information to ... . --> ...
(Date:11/26/2015)... , Nov. 26, 2015 Research and ... of the "2016 Future Horizons and Growth ... Market: Supplier Shares, Country Segment Forecasts, Competitive Intelligence, ... --> --> ... of the Italian therapeutic drug monitoring market, including ...
Breaking Medicine Technology: