What is the expected growth rate of the Enterprise Asset Management market?
The global EAM market is projected to grow at a CAGR of over 10% from 2023 to 2030, driven by factors like cloud adoption, data analytics, and increasing demand for asset optimization.
Who are the top players in the EAM market?
Global giants like Oracle, IBM, SAP, and Infor dominate the EAM market, along with regional players like Aptean and Ramco Systems. These vendors are constantly innovating with AI, IoT, and cloud-based solutions.
Which region is expected to see the fastest growth in the EAM market?
The Asia Pacific region is projected to have the highest CAGR, driven by rising cloud adoption and changing business models in SMEs.
What are the key benefits of using EAM software?
EAM software helps ensure asset reliability, optimize maintenance schedules, improve operational efficiency, and ultimately boost profitability.