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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.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Enterprise Asset Management Market Outlook
*this image is indicative*
Global Enterprise Asset Management Market Report Summary | Description | Value |
Base Year | USD Billion | 2024 |
Historical Period | USD Billion | 2018-2024 |
Forecast Period | USD Billion | 2025-2034 |
Market Size 2024 | USD Billion | 5.10 |
Market Size 2034 | USD Billion | 15.70 |
CAGR 2018-2024 | Percentage | XX% |
CAGR 2025-2034 | Percentage | 11.90% |
CAGR 2025-2034 - Market by Region | Asia Pacific | 12.7% |
CAGR 2025-2034 - Market by Country | India | 12.9% |
CAGR 2025-2034 - Market by Country | Saudi Arabia | 12.6% |
CAGR 2025-2034 - Market by Deployment | Cloud | 13.6% |
CAGR 2025-2034 - Market by Enterprise Size | Small and Medium Enterprises (SMEs) | 13.2% |
Market Share by Country 2024 | UK | 3.6% |
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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.
The EMR’s 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
Market Breakup by Enterprise Size
Market Breakup by End-Use
Market Breakup by Region
CAGR 2025-2034 - Market by | Country |
India | 12.9% |
Saudi Arabia | 12.6% |
China | 12.2% |
Mexico | 12.1% |
Germany | 11.8% |
Canada | XX% |
UK | XX% |
France | 11.3% |
Italy | XX% |
Japan | XX% |
Australia | XX% |
Brazil | XX% |
USA | 11.3% |
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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.
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.
The comprehensive EMR 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 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. 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. 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.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include IBM Corporation, IFS AB, Hexagon AB, Oracle Corporation, Ramco Systems Limited, SAP SE, and UpKeep Technologies, Inc., among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of USD 5.10 Billion in 2024.
The market is estimated to grow at a CAGR of 11.90% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of USD 15.70 Billion by 2034.
Growing digitalisation across end-use sectors, increasing deployment in manufacturing, and heightened adoption of cloud asset management software in enterprises are the major drivers of the market.
The key trends in the market include increasing affordability of EAM solutions, collaborations between tech giants, and rapid development of advanced technologies for asset management solutions.
Cloud and on-premise are the primary deployments of enterprise asset management in the market.
Large enterprises and small and medium enterprises (SMEs) are the different enterprise sizes in the market.
Manufacturing, facility management, healthcare, education, and government, among others, are the various end-uses of enterprise asset management.
Enterprise asset management plays a crucial role of managing assets of an organisation throughout the lifecycle for increased operational efficiencies.
The main components of enterprise asset management include work management, asset management, labour management, MRO management, and contract management, among others.
ABB Ltd, CGI Inc., eMaint Enterprises, LLC., IBM Corporation, IFS AB, Hexagon AB, Oracle Corporation, Ramco Systems Limited, SAP SE, and UpKeep Technologies, Inc., among others, are the key enterprise asset management market players, according to the report.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Deployment |
|
Breakup by Enterprise Size |
|
Breakup by End-Use |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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