ENTERPRISE ASSET MANAGEMENT MARKET ANALYSIS
Global Enterprise Asset Management Market size was valued at US$ 3,736.7 Mn in 2022, exhibiting a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030.
Global Enterprise Asset Management market was valued at US$ 3,736.7 Million in 2022 and is expected to reach US$ 7,386.9 Million by 2030, exhibiting a CAGR of 8.9% between 2023 and 2030.
Furthermore, a significant transition is taking place in the EAM market as a result of new and supplementary technologies. To help with deeper insights into asset management, artificial intelligence, real time analytics the Internet of Things (IoT), augmented reality, digital twins, and telematics are combined with EAM implementations. As a result, EAM is evolving into a more intelligent system that can take in real-time data, communicate with devices, and provide engineers and operators access to cutting-edge insights. The EAM and facility management software markets are maturing, and widespread use of cloud-based and micro-enterprise scale designs is creating new opportunities for industry expansion.
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