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Enterprise Asset Management Market: Unlocking Value in Asset Optimization<br>Analysis of Enterprise Asset Management Market Size by Research Nester Reveals the Market to grow with a CAGR of 10.5% During 2025-2037 and Attain USD 18.6 billion by 2037.
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Enterprise Asset Management Market: Unlocking Value in Asset Optimization Analysis of Enterprise Asset Management Market Size by Research Nester Reveals the Market to grow with a CAGR of 10.5% During 2025-2037 and Attain USD 18.6 billion by 2037.Research Nester assesses the growth and market size of the global enterprise asset management market, which is anticipated to be due to the rising adoption of digital technologies. Research Nester’s recent market research analysis on “Enterprise Asset Management Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitors analysis and a detailed overview of the global enterprise asset management market in terms of market segmentation by component, application, organization, deployment, end user, and by region. Digital Technologies Such As AI and ML Effectively Transforming Enterprise Asset Management Solutions The integration of digital technologies such as the Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), and big data analytics is leading to the development of advanced enterprise asset management (EAM) solutions with enhanced real- time monitoring and predictive maintenance capabilities. The IoT devices and AI systems work together and offer end users an effective asset management method. Advanced data analytics and big data aid organizations in gaining actionable insights from asset performance data. This further also helps in optimizing asset utilization, reducing downtime, and improving the decision-making process. These capabilities are driving the enterprise asset management solution sales growth. Growth Drivers: •Cloud-based enterprise asset management solutions gaining traction globally •Rise in remote work jobs driving the demand for modern EAM solutions Challenges The upfront cost associated with the installation of enterprise asset management solutions and implementation of services is quite high. This deters organizations especially small and medium-sized ones working on tight budgets from adopting these solutions. Also, enterprise asset management solutions can require significant customization and integration with existing systems. This complexity leads to extended implementation times, high costs, and potential disruptions to business operations, limiting their sales growth.
Access our detailed report at: https://www.researchnester.com/reports/enterprise-asset-management- market/6449 By end user, the manufacturing segment is estimated to capture 30.5% of the revenue share through 2037. Manufacturing companies usually operate with a diverse array of assets including machinery, equipment, and infrastructure. EAM systems help manage this complex inventory by providing an effective and centralized platform for tracking and optimizing the performance, maintenance, and lifecycle of these assets. Based on region, North America is projected to hold a market share of 37.5% through 2037. North America has a strong presence of industries such as healthcare, manufacturing, and utilities, which need to comply with strict regulatory requirements related to asset management. Enterprise asset management solutions aid these organizations in maintaining compliance by providing accurate records and facilitating audits. Customized Report@ https://www.researchnester.com/customized-reports- 6499 This report also provides the existing competitive scenario of some of the key players of the global enterprise asset management market which includes company profiling of IBM Corporation, SAP SE, Oracle Corporation, Infor, IFS AB, ABB, CGI, Rfgen Software, Assetworks, Ultimo Software Solutions, UpKeep, Asset Panda, EZOfficeInventory, Intelligent Process Solutions, KloudGin, Fracttal, InnoMaint Software, Aladinme, and Limble. Request Report Sample@ https://www.researchnester.com/sample-request- 6499 Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: info@researchnester.com U.S. Phone: +1 646 586 9123