Global Enterprise Asset Management (EAM) Market is Set to Reach USD 9.8 billion by 2030, Observing a CAGR of 13.8% during 2025 - 2030

Published Date: Mar, 2024

The global enterprise asset management (EAM) market is expected to grow at a CAGR of 13.8% during the forecast period with its market size predicted to reach USD 9.8 billion by 2030. The Increasing adoption of EAM for effective utilization of assets, and reduced maintenance and procurement expenses are the major factors leading to the high demand for EAM in the global market.

The software category accounted for the largest revenue share in the enterprise asset management market

Based on components, the global enterprise asset management market is categorized into software, service, and solution, wherein the software category accounted for the largest share in 2020. The category is expected to lead throughout the forecast period owing to the mounting need for effective capital planning processes, asset maintenance, and operations.

The software category is further sub-segmented into linear assets, field service management, non-linear assets, assets maintenance, repair, and operations.

The service category is further sub-categorized into managed and professional.

The solution category is further sub-segmented into planning and forecasting, logistics and inventory, network field operations, asset transfer and retirement, and procurement of material.

Global Enterprise Asset Management (EAM) Market Segmentation and Key Players

Segment / Key Players

Categorization

Component

Software [Linear Assets, Field Service Management, Non-Linear Assets, Assets Maintenance, Repair, and Operations], Service [Managed, Professional], Solution[Planning and Forecasting, Logistics and Inventory, Network Field Operations, Asset Transfer and Retirement, Procurement of Material]

Deployment Type

On-Premises, Cloud-Based

Enterprise Size

Large Enterprises, Small and Medium Enterprises

Industry

Manufacturing, Oil and Gas, Healthcare, Energy and Utilities, Transportation and Logistics, Government, Others

Key Players

(IFS) AB, Infor Inc., Ramco Systems Limited, Bentley Systems Incorporated, Rockwell Automation Inc., SAP SE, ABB Ltd., International Business Machines (IBM) Corporation, Schneider Electric SE, MRI Software LLC, CGI Group Inc., and AssetWorks LLC

Browse Market Insight and In-depth TOC on "Global Enterprise Asset Management (EAM) Market – Analysis and Forecast (2025-2030)"

Based on industry, the global enterprise asset management market can be segmented into manufacturing, oil & gas, energy and utilities, government, transportation and logistics, healthcare, and others. Of all, the retail, metal, and mining sector is expected to witness the fastest growth during the forecast period owing to growing retail business worldwide, with the opening of more supermarkets, stores, and hypermarkets in developing nations, and to speed up the store activities, new players are adopting EAM solutions.

Competitive Insight

Market players in the global enterprise asset management industry are majorly focusing on mergers & acquisitions to expand their customer base. For example, Bentley Systems Incorporated acquired ACE Enterprise Slovakia. With this acquisition, the company aims to increase the scope of knowledge that can be accessed through AssetWise. ABB Ltd. and International Business Machines (IBM) Corporation collaborated to expand and upgrade ABB’s existing asset and analytics implementation with IBM Watson’s cognitive abilities and ABB Agility.

Some of the key players operating in the global enterprise asset management market are Industrial and Financial Systems (IFS) AB, Infor Inc., Ramco Systems Limited, Bentley Systems Incorporated, Rockwell Automation Inc., SAP SE, ABB Ltd., International Business Machines (IBM) Corporation, Schneider Electric SE, MRI Software LLC, CGI Group Inc., and AssetWorks LLC.

Key Takeaway from the Report:

  • The software category hold the largest share of the market
  • Of all the deployment types, the highest growth in the demand for the cloud-based EAM has been observed over the last five years which is anticipated to remain the highest among all deployment types during the forecast period.
  • The SME’s category is expected to witness the fastest growth in the market
  • The retail, metal, and mining sector is expected to witness the fastest growth during the forecast period owing to growing retail business worldwide
  • Major players are actively focusing on mergers & acquisitions to expand their customer base
  • Some of the major companies involved in mergers & acquisitions in the market are International Business Machines (IBM) Corporation, ABB, Ltd., and Bentley Systems Incorporated

The Report Offers:

  • Historical market estimate for the years 2018–2023 and forecast for the years 2025–2030
  • Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
  • Market insights by in-depth segmentation with industry dynamics.
  • Competitive analysis and benchmarking of the industry leaders and their product offerings
  • Profiles of leading players and innovators, their financial overview, and product portfolio
  • Analysis of key industry trends and recent developments
  • Value chain analysis and distribution channel analysis with opportunity assessment
  • Market share analysis of major players

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The report provides the market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue (USD Million). The report segments the global enterprise asset management (EAM) market based on component, deployment type, enterprise size, industry, and region.

Global Enterprise Asset Management (EAM) Market Coverage

Component Insight and Forecast 2025-2030

  • Software
    • Linear Assets
    • Field Service Management
    • Non-Linear Assets
    • Assets Maintenance, Repair, and Operations
  • Service
    • Managed
    • Professional
  • Solution
    • Planning and Forecasting
    • Logistics and Inventory
    • Network Field Operations
    • Asset Transfer and Retirement
    • Procurement of Material

Deployment Type Insight and Forecast 2025-2030

  • On-Premises
  • Cloud-Based

Enterprise Size Insight and Forecast 2025-2030

  • Large Enterprises
  • Small and Medium Enterprises

Industry Insight and Forecast 2025-2030

  • Manufacturing
  • Oil and Gas
  • Healthcare
  • Energy and Utilities
  • Transportation and Logistics
  • Government
  • Others (Retail, and Metal and Mining)

Geographical Segmentation

Enterprise Asset Management (EAM) Market by Region

North America

  • By Component
  • By Deployment Type
  • By Enterprise Size
  • By Industry
  • By Country – U.S., Canada, and Mexico

Europe

  • By Component
  • By Deployment Type
  • By Enterprise Size
  • By Industry
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Component
  • By Deployment Type
  • By Enterprise Size
  • By Industry
  • By Country – China, Japan, India, South Korea, Singapore, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Component
  • By Deployment Type
  • By Enterprise Size
  • By Industry
  • By Country – Brazil, Chile, Argentina, Colombia, U.A.E., Saudi Arabia, South Africa, Turkey, and Other Countries