Title: Enterprise Asset Management Market - Forecast(2021 - 2026)
1Enterprise Asset Management Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Enterprise Asset Management market is analyzed to
grow at a CAGR of 8.1 during the forecast period
to reach 3.2 billion by 2026. - The major factor impacting on the positive
growth of the market is the adoption of the cloud
technologies in the asset management solutions. - The significant growth and adoption of the new
technologies such as IoT, industry 4.0, and so on
are analyzed to create ample amount of
opportunities for the growth in the enterprise
asset management as they play a key role in asset
tracking.
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- Key Takeaways
- Transportation is the fastest growing application
in EAM market with CAGR of 11.47 during forecast
period. - The growing demand to adhere to strict regulatory
compliances and presence of major number of
players such as IBM Corporation, Oracle
Corporation, Infor Inc and others have been
pushing the market in this region. - Acquisition of companies for strengthening their
capabilities in North American region is set to
drive the enterprise asset management market for
a number of firms. -
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By Distribution Channel- Segment Analysis The
Assets MRO segment is set to account for the
largest share in 2020 and is growing at a CAGR of
7.1 in the forecast period. Assets Maintenance,
Repair and Operations (MRO) is basically provided
for asset intensive industries for the purpose of
fixing and replacing of the assets. Assets MRO
are widely adopted by organizations as it leads
to cost reduction, primarily costs related to
freight, loading, unloading, warehousing, service
and maintenance fees, and inventory management
costs.
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- Enterprise Asset Management Market Industry
Outlook - ABB Ltd.
- Infor
- IBM
- Oracle
- SAP
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Enterprise Asset Management Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/154
03/enterprise-asset-management-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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