Enterprise Asset Management Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025

Description

The global enterprise asset management (EAM) market is poised for substantial growth, projected to increase from USD 6.89 billion in 2024 to USD 15.35 billion by 2032, expanding at a compound annual growth rate (CAGR) of 10.66%. This growth is primarily driven by the increasing need for businesses across various industries to reduce operational and maintenance costs, improve asset uptime, and optimize asset utilization. As industries face mounting pressure to maximize the return on assets (ROA) while minimizing operational disruptions, EAM solutions are being increasingly adopted. These systems help organizations effectively manage, monitor, and maintain their assets, ensuring the smooth functioning of critical infrastructure, machinery, and equipment.

The need for higher efficiency and cost-effectiveness is fueling the demand for comprehensive EAM solutions. These solutions offer businesses real-time visibility into asset performance, predictive maintenance capabilities, and improved decision-making. Furthermore, EAM systems integrate advanced technologies like IoT, artificial intelligence (AI), and machine learning, which allow organizations to streamline operations and minimize downtime, ultimately increasing productivity.

As companies continue to focus on improving operational efficiency, the adoption of EAM platforms is expected to grow across multiple sectors, including manufacturing, healthcare, energy, and transportation. The increasing emphasis on asset reliability and cost reductions is accelerating the implementation of EAM solutions across global enterprises.

Key Insights

One of the key drivers of the EAM market is the integration of Internet of Things (IoT) technologies into asset management systems. IoT-enabled EAM solutions provide real-time data from connected assets, which allows businesses to monitor performance, detect faults, and take proactive measures to avoid asset failure. IoT sensors placed on critical assets enable continuous monitoring, feeding data directly into the EAM system. This data can be used for predictive maintenance, alerting businesses to potential issues before they become major problems. By moving from reactive to proactive maintenance, businesses can significantly reduce downtime and extend the lifespan of their assets.

Another significant trend driving market growth is the increasing adoption of cloud-based EAM solutions. Cloud-based platforms offer numerous advantages, including scalability, flexibility, and cost-effectiveness. These systems provide businesses with the ability to manage their assets without the need for significant upfront investments in infrastructure. Cloud solutions also allow for easier software updates, integration with other enterprise systems, and remote accessibility, making them particularly appealing to small and medium-sized enterprises (SMEs). The flexibility and reduced total cost of ownership associated with cloud-based solutions are key factors driving their adoption.

Mobile access to EAM solutions is another growing trend. With the workforce becoming increasingly mobile, businesses are implementing mobile applications to allow employees to access asset data and perform maintenance tasks remotely. This mobility improves workforce productivity and enables employees to manage assets in real-time, regardless of their location. The ability to receive real-time notifications about asset performance, schedule maintenance tasks, and even place orders for replacement parts directly from a mobile device streamlines operations and ensures that issues are addressed promptly.

Furthermore, industries such as healthcare, energy, and manufacturing are witnessing increased demand for EAM solutions to ensure the effective management of their assets. For instance, in the healthcare sector, medical equipment requires constant monitoring and maintenance to ensure that it remains functional and compliant with regulatory standards. Similarly, in the energy sector, the uptime of machinery such as turbines and transformers is crucial for maintaining service continuity. EAM solutions are being utilized to reduce maintenance costs, enhance the reliability of critical assets, and optimize the operational lifecycle of equipment.

Challenges and Opportunities

Despite the promising growth prospects, the EAM market faces challenges, particularly in the form of high implementation costs, a lack of skilled professionals to manage advanced EAM systems, and resistance to change within some organizations. However, as organizations increasingly realize the long-term benefits, including cost savings and enhanced efficiency, these barriers are expected to diminish.

The Asia-Pacific (APAC) region is expected to experience the fastest growth in the EAM market. This growth is driven by rapid industrialization, expanding manufacturing sectors, and increasing investment in infrastructure projects. The region is also witnessing a rise in demand for EAM solutions due to its growing emphasis on operational efficiency, sustainability, and smart manufacturing initiatives. North America and Europe are expected to continue dominating the EAM market due to their mature markets and widespread adoption of digital technologies.

Product Code: 10276

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by offerings
- 1.4.2. Market size breakdown, by enterprise
- 1.4.3. Market size breakdown, by deployment
- 1.4.4. Market size breakdown, by vertical
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Offerings (2019-2030)
6.3. Market Revenue, by Enterprise (2019-2030)
6.4. Market Revenue, by Deployment (2019-2030)
6.5. Market Revenue, by Vertical (2019-2030)
6.6. Market Revenue, by Region (2019-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Offerings (2019-2030)
7.3. Market Revenue, by Enterprise (2019-2030)
7.4. Market Revenue, by Deployment (2019-2030)
7.5. Market Revenue, by Vertical (2019-2030)
7.6. Market Revenue, by Country (2019-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Offerings (2019-2030)
8.3. Market Revenue, by Enterprise (2019-2030)
8.4. Market Revenue, by Deployment (2019-2030)
8.5. Market Revenue, by Vertical (2019-2030)
8.6. Market Revenue, by Country (2019-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Offerings (2019-2030)
9.3. Market Revenue, by Enterprise (2019-2030)
9.4. Market Revenue, by Deployment (2019-2030)
9.5. Market Revenue, by Vertical (2019-2030)
9.6. Market Revenue, by Country (2019-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Offerings (2019-2030)
10.3. Market Revenue, by Enterprise (2019-2030)
10.4. Market Revenue, by Deployment (2019-2030)
10.5. Market Revenue, by Vertical (2019-2030)
10.6. Market Revenue, by Country (2019-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Offerings (2019-2030)
11.3. Market Revenue, by Enterprise (2019-2030)
11.4. Market Revenue, by Deployment (2019-2030)
11.5. Market Revenue, by Vertical (2019-2030)
11.6. Market Revenue, by Country (2019-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Offerings (2019-2030)
12.3. Market Revenue, by Enterprise (2019-2030)
12.4. Market Revenue, by Deployment (2019-2030)
12.5. Market Revenue, by Vertical (2019-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Offerings (2019-2030)
13.3. Market Revenue, by Enterprise (2019-2030)
13.4. Market Revenue, by Deployment (2019-2030)
13.5. Market Revenue, by Vertical (2019-2030)
13.6. Germany Market
13.7. Overview
13.8. Market Revenue, by Offerings (2019-2030)
13.9. Market Revenue, by Enterprise (2019-2030)
13.10. Market Revenue, by Deployment (2019-2030)
13.11. Market Revenue, by Vertical (2019-2030)

Chapter 14. France Market

14.1. Overview
14.2. Market Revenue, by Offerings (2019-2030)
14.3. Market Revenue, by Enterprise (2019-2030)
14.4. Market Revenue, by Deployment (2019-2030)
14.5. Market Revenue, by Vertical (2019-2030)

Chapter 15. U.K. Market

15.1. Overview
15.2. Market Revenue, by Offerings (2019-2030)
15.3. Market Revenue, by Enterprise (2019-2030)
15.4. Market Revenue, by Deployment (2019-2030)
15.5. Market Revenue, by Vertical (2019-2030)

Chapter 16. Italy Market

16.1. Overview
16.2. Market Revenue, by Offerings (2019-2030)
16.3. Market Revenue, by Enterprise (2019-2030)
16.4. Market Revenue, by Deployment (2019-2030)
16.5. Market Revenue, by Vertical (2019-2030)

Chapter 17. Spain Market

17.1. Overview
17.2. Market Revenue, by Offerings (2019-2030)
17.3. Market Revenue, by Enterprise (2019-2030)
17.4. Market Revenue, by Deployment (2019-2030)
17.5. Market Revenue, by Vertical (2019-2030)

Chapter 18. Japan Market

18.1. Overview
18.2. Market Revenue, by Offerings (2019-2030)
18.3. Market Revenue, by Enterprise (2019-2030)
18.4. Market Revenue, by Deployment (2019-2030)
18.5. Market Revenue, by Vertical (2019-2030)

Chapter 19. China Market

19.1. Overview
19.2. Market Revenue, by Offerings (2019-2030)
19.3. Market Revenue, by Enterprise (2019-2030)
19.4. Market Revenue, by Deployment (2019-2030)
19.5. Market Revenue, by Vertical (2019-2030)

Chapter 20. India Market

20.1. Overview
20.2. Market Revenue, by Offerings (2019-2030)
20.3. Market Revenue, by Enterprise (2019-2030)
20.4. Market Revenue, by Deployment (2019-2030)
20.5. Market Revenue, by Vertical (2019-2030)

Chapter 21. Australia Market

21.1. Overview
21.2. Market Revenue, by Offerings (2019-2030)
21.3. Market Revenue, by Enterprise (2019-2030)
21.4. Market Revenue, by Deployment (2019-2030)
21.5. Market Revenue, by Vertical (2019-2030)

Chapter 22. South Korea Market

22.1. Overview
22.2. Market Revenue, by Offerings (2019-2030)
22.3. Market Revenue, by Enterprise (2019-2030)
22.4. Market Revenue, by Deployment (2019-2030)
22.5. Market Revenue, by Vertical (2019-2030)

Chapter 23. Brazil Market

23.1. Overview
23.2. Market Revenue, by Offerings (2019-2030)
23.3. Market Revenue, by Enterprise (2019-2030)
23.4. Market Revenue, by Deployment (2019-2030)
23.5. Market Revenue, by Vertical (2019-2030)

Chapter 24. Mexico Market

24.1. Overview
24.2. Market Revenue, by Offerings (2019-2030)
24.3. Market Revenue, by Enterprise (2019-2030)
24.4. Market Revenue, by Deployment (2019-2030)
24.5. Market Revenue, by Vertical (2019-2030)

Chapter 25. Saudi Arabia Market

25.1. Overview
25.2. Market Revenue, by Offerings (2019-2030)
25.3. Market Revenue, by Enterprise (2019-2030)
25.4. Market Revenue, by Deployment (2019-2030)
25.5. Market Revenue, by Vertical (2019-2030)

Chapter 26. South Africa Market

26.1. Overview
26.2. Market Revenue, by Offerings (2019-2030)
26.3. Market Revenue, by Enterprise (2019-2030)
26.4. Market Revenue, by Deployment (2019-2030)
26.5. Market Revenue, by Vertical (2019-2030)

Chapter 27. U.A.E. Market

27.1. Overview
27.2. Market Revenue, by Offerings (2019-2030)
27.3. Market Revenue, by Enterprise (2019-2030)
27.4. Market Revenue, by Deployment (2019-2030)
27.5. Market Revenue, by Vertical (2019-2030)

Chapter 28. Competitive Landscape

28.1. List of Market Players and their Offerings
28.2. Competitive Benchmarking of Key Players
28.3. Product Benchmarking of Key Players
28.4. Recent Strategic Developments

Chapter 29. Company Profiles

29.1. Oracle Corporation
- 29.1.1. Business overview
- 29.1.2. Product and service offerings
- 29.1.3. Key financial summary
29.2. SAP SE
- 29.2.1. Business overview
- 29.2.2. Product and service offerings
- 29.2.3. Key financial summary
29.3. IBM Corporation
- 29.3.1. Business overview
- 29.3.2. Product and service offerings
- 29.3.3. Key financial summary
29.4. Schneider Electric SE
- 29.4.1. Business overview
- 29.4.2. Product and service offerings
- 29.4.3. Key financial summary
29.5. ABB Ltd.
- 29.5.1. Business overview
- 29.5.2. Product and service offerings
- 29.5.3. Key financial summary
29.6. Industrial and Financial Services (IFS) AB
- 29.6.1. Business overview
- 29.6.2. Product and service offerings
- 29.6.3. Key financial summary
29.7. MRI Software LLC
- 29.7.1. Business overview
- 29.7.2. Product and service offerings
- 29.7.3. Key financial summary
29.8. CGI Inc.
- 29.8.1. Business overview
- 29.8.2. Product and service offerings
- 29.8.3. Key financial summary
29.9. Infor Inc.
- 29.9.1. Business overview
- 29.9.2. Product and service offerings
- 29.9.3. Key financial summary
29.10. Ramco Systems Limited
- 29.10.1. Business overview
- 29.10.2. Product and service offerings
- 29.10.3. Key financial summary
29.11. Rockwell Automation Inc.
- 29.11.1. Business overview
- 29.11.2. Product and service offerings
- 29.11.3. Key financial summary
29.12. Bently Systems Incorporated
- 29.12.1. Business overview
- 29.12.2. Product and service offerings
- 29.12.3. Key financial summary

Chapter 30. Appendix

30.1. Abbreviations
30.2. Sources and References
30.3. Related Reports

Enterprise Asset Management Market Size & Share Analysis - Emerging Trends, Growth Opportunities, Competitive Landscape, and Forecasts (2025 - 2032)