Global Enterprise Asset Management Market, By Enterprise Size (Large Enterprise, Small & Medium Enterprise), By Deployment (Cloud, On-Premises), By Vertical (Manufacturing, Utilities, Healthcare, Education, Government, Others), By Region - Size, Share, Outlook, and Opportunity Analysis, 2022 – 2027.
Global Enterprise Asset Management Market
The Global Enterprise Asset Management Market was valued at USD 4.6 Bn in 2021, estimated to reach USD 8.95 Bn in 2027, with a CAGR of 8.13% from 2022-2027.
Enterprise Asset Management (EAM) is a mix of software, systems, and services, and is used to maintain and manage operating assets and machinery. The goal is to maximize productive time, reduce operational expenses, and optimize asset quality and usage throughout their lives. Work management, asset upkeep, budgeting and organizing, and supply chain management efforts are all a part of enterprise asset management.
Market Drivers
The rising emphasis on improving asset availability and removing asset breakdowns that impede corporate operations is driving the market for enterprise asset management (EAM). It is projected that factors such as the rising need for a complete view of assets, the reduction of compliance-related costs, the integration of technologies like IoT, AI, and analytics, and the ongoing usage of IoT platforms and devices to maintain organizational assets will boost the expansion of the EAM market.
Businesses are using cloud-based EAM deployments to manage assets during COVID-19 because they allow for remote management of daily operations. Due to EAM’s capacity for efficient asset management, demand for it is anticipated to soar during the projection period. The need for cloud-based installations has increased because of many firms adopting the work-from-home model to protect employee well-being and maintain operational efficiency. The number of EAM deployments will increase as more businesses make investments in their IT infrastructure.
Market Restraints
Data security and cybercrimes can potentially restrain the growth of the enterprise asset management market. Cyber attacks are dramatically rising along with increasing digitization. Data security has thus become crucial for firms to maintain competitiveness in the global economy. 
Companies that adopt cutting-edge digital technologies expose their data to threats. Since criminal entities can target servers, networks, and communication channels, there is a considerable increase in cyber security issues with the movement of data from the field to the cloud platform. 
Market Segmentation
The global enterprise asset management market is segmented by enterprise sizes of large enterprises and small & medium enterprises and by deployment modes of cloud and on-premises. Further, the market is segmented by verticals of manufacturing, utilities, healthcare, education, government, and others.
Regional Analysis
The North American region is anticipated to dominate the global EAM market. The market is being driven by the presence of significant EAM firms in the region. Additionally, the early adoption of cutting-edge technologies, the spread of cloud-based installations, a relatively sophisticated IT structure, government investments in technological innovations, and the growing emphasis placed by enterprises on complying with legislative and regulatory requirements are factors promoting regional growth.
Key Players
SAP SE, Sage Group PLC, PcsInfinity (Asset Infinity), Oracle Corporation, International Business Machines (IBM) Corporation, Infor, IFS AB, CGI, Inc., AssetWorks LLC, Aptean.
Market Taxonomy
By Enterprise Size
• Large Enterprise
• Small & Medium Enterprise
By Deployment
• Cloud
• On-Premises
By Vertical
• Manufacturing
• Utilities
• Healthcare
• Education
• Government
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Global Enterprise Asset Management Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Enterprise Asset Management Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Enterprise Asset Management Market, By Enterprise Size
5.1 Y-o-Y Growth Comparison, By Enterprise Size
5.2 Global Enterprise Asset Management Market Share Analysis, By Enterprise Size
5.3 Global Enterprise Asset Management Market Size and Forecast, By Enterprise Size
5.3.1 Large Enterprise
5.3.2 Small & Medium Enterprise
6 Global Enterprise Asset Management Market, By Deployment
6.1 Y-o-Y Growth Comparison, Enterprise Size
6.2 Global Enterprise Asset Management Market Share Analysis, By Deployment
6.3 Global Enterprise Asset Management Market Size and Forecast, By Deployment
6.3.1 Cloud
6.3.2 On-premises
7 Global Enterprise Asset Management Market, By Vertical
7.1 Y-o-Y Growth Comparison, By Vertical
7.2 Global Enterprise Asset Management Market Share Analysis, By Vertical
7.3 Global Enterprise Asset Management Market Size and Forecast, By Vertical
7.3.1 Manufacturing
7.3.2 Utilities
7.3.3 Healthcare
7.3.4 Education
7.3.5 Government
7.3.6 Others
8 Global Enterprise Asset Management Market, By Region
8.1 Global Enterprise Asset Management Market Share Analysis, By Region
8.2 Global Enterprise Asset Management Market Size and Forecast, By Region
9 North America Enterprise Asset Management Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Enterprise Asset Management Market Share Analysis, By Enterprise Size
9.3 North America Enterprise Asset Management Market Size and Forecast, By Deployment
9.4 North America Enterprise Asset Management Market Size and Forecast, By Vertical
9.5 North America Enterprise Asset Management Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Enterprise Asset Management Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Enterprise Asset Management Market Share Analysis, By Enterprise Size
10.3 Europe Enterprise Asset Management Market Size and Forecast, By Deployment
10.4 Europe Enterprise Asset Management Market Size and Forecast, By Vertical
10.5 Europe Enterprise Asset Management Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Enterprise Asset Management Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Enterprise Asset Management Market Share Analysis, By Enterprise Size
11.3 Asia Pacific Enterprise Asset Management Market Size and Forecast, By Deployment
11.4 Asia Pacific Enterprise Asset Management Market Size and Forecast, By Vertical
11.5 Asia Pacific Enterprise Asset Management Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia
12 Latin America Enterprise Asset Management Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Enterprise Asset Management Market Share Analysis, By Enterprise Size
12.3 Latin America Enterprise Asset Management Market Size and Forecast, By Deployment
12.4 Latin America Enterprise Asset Management Market Size and Forecast, By Vertical
12.5 Latin America Enterprise Asset Management Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Enterprise Asset Management Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Enterprise Asset Management Market Share Analysis, By Enterprise Size
13.3 Middle East Enterprise Asset Management Market Size and Forecast, By Deployment
13.4 Middle East Enterprise Asset Management Market Size and Forecast, By Vertical
13.5 Middle East Enterprise Asset Management Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 SAP SE
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Sage Group PLC
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 PcsInfinity (Asset Infinity)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Oracle Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 IBM
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Infor
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 IFS AB
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 CGI, Inc
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 AssetWorks LLC
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Aptean
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies