The Enterprise Asset Management (EAM) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Enterprise Asset Management (EAM) Market?
The market size of the Enterprise Asset Management (EAM) has witnessed a swift expansion in the past few years. The market, which stood at $7.25 billion in 2024, is projected to rise to $8.27 billion in 2025, marking a Compound Annual Growth Rate (CAGR) of 14.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Enterprise Asset Management (EAM) Industry?
The enterprise asset management (EAM) market is projected to increase to $13.87 billion by the year 2029. This growth represents a compound annual growth rate (CAGR) of 13.8%.
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What are the Key Growth Drivers Fueling the Enterprise Asset Management (EAM) Market?
The key drivers in the Enterprise Asset Management (EAM) market are:
• Rising demand for cloud-based EAM solutions
• Increased concerns about cybersecurity
• Growth in automation of maintenance workflows
• The expanding role of AI-driven insights
Global Market Segmentation: Identifying Major Enterprise Asset Management (EAM) Industry Segments
The enterprise asset management (EAM) market covered in this report is segmented –
1) By Type Of Components: Software, Services
2) By Organization Type: Small And Medium Enterprises, Large Organizations
3) By Application: Asset Lifecycle Management, Labor Management, Inventory Management, Predictive Maintenance, Work Order Management, Other Applications
4) By End-User: Healthcare, Government, Information Technology And Telecommunication, Banking, Financial Services, And Insurance (BFSI), Manufacturing, Energy And Utility, Transportation, Other End-Users
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What are the Emerging Trends Shaping the Future of the Enterprise Asset Management (EAM) Market?
The key trends in the Enterprise Asset Management (EAM) market are:
• IoT-enabled asset tracking is becoming an important trend in the EAM market.
• The use of cloud-based EAM solutions is increasing.
• Digital twin technology is emerging as a significant trend.
• Cybersecurity enhancement and 5G-powered asset connectivity are shaping the future of EAM market.
Who Are the Top Competitors & Leading Players in the Enterprise Asset Management (EAM) Market?
Major companies in the Enterprise Asset Management (EAM) market are:
• Siemens AG
• Accenture plc
• International Business Machines Corporation
• Oracle Corporation
• SAP SE
• CGI Inc.
• ServiceNow Inc.
• Hexagon AB
• AVEVA Group plc
• IFS AB
• Aptean Inc.
• ABS Group
• Accurent Inc.
• MaintainX
• AssetWorks LLC
• DreamzTech Solutions Inc.
• UpKeep Maintenance Management Inc.
• Asset Panda Inc.
• Rfgen Software Inc.
• EZMaintain Inc.
Regional Dominance: Which Area Leads the Global Enterprise Asset Management (EAM) Market?
North America was the largest region in the enterprise asset management (EAM) market in 2024
