Global Enterprise Asset Management Software Market 2018-2022 with 2017 as the Base Year

The objective of this study is to identify and evaluate various growth opportunities for enterprise asset management (EAM) vendors in the present business scenario which is challenged by uncertain economic conditions and the emergence of a new wave of digital manufacturing. There is a pressing need for end-users, particularly in asset-intensive industries, to develop and implement effective strategies to diminish their operational spend and enhance production efficiency; the study elaborates on the significance of EAM in achieving these business goals.

The objective of this study is to identify and evaluate various growth opportunities for enterprise asset management (EAM) vendors in the present business scenario which is challenged by uncertain economic conditions and the emergence of a new wave of digital manufacturing. There is a pressing need for end-users, particularly in asset-intensive industries, to develop and implement effective strategies to diminish their operational spend and enhance production efficiency; the study elaborates on the significance of EAM in achieving these business goals.

The research service also discusses the benefits of integrating Industrial IoT (IIoT) technologies with EAM software. As end-users prefer to continuously monitor the condition of their multiple assets, optimize resources and inventories, and assess their financial performance, the study explains the need and benefits of embracing IIoT technologies such as cloud, Big Data, analytics and mobility.

With 2017 as the base year, the study provides estimates of the market size and future growth prospects up to 2022. For this purpose, a specific methodology is followed that includes discussions with senior management of asset management software provider companies and automation giants and secondary research.

Research Scope

Across process, discrete and hybrid industries manufacturers are striving to improve operational and production efficiency. To achieve this, a significant portion of their investments are focused on upgrading their existing plants with modern software solutions.

Furthermore, government bodies in several countries are coining regulations to promote health, and safety, and importantly, reduce carbon footprint. This requires strict monitoring and maintenance of their plant operations which has, in fact, led to the integration of EAM into ERP solutions.

Despite economic uncertainty, companies have continued to invest in EAM especially, oil and gas, power generation, chemicals and pharmaceutical industries. At present, with the emergence of IIoT, EAM plays a critical role in establishing connected ecosystems, transitioning towards predictive maintenance and promoting digital manufacturing.

Key Issues Addressed

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Drivers and Restraints-Total EAM Software Market

4. Forecasts and Trends-Total EAM Software Market

5. Market Share and Competitive Analysis-Total EAM Software Market

6. Growth Opportunities and Companies to Action

7. Mega Trends and Industry Convergence Implications

8. Impact of Global Economic Trends

9. Decoding the Impact of Industrial IoT (IIoT) on the EAM Software Market

10. Regional Analysis

11. Key EAM Vendors Profile

12. The Last Word

13. Appendix

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/j4tk8j/global_enterprise?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716