ARC Advisory Group has just published a comprehensive updated market outlook report on Enterprise Asset Management. The Enterprise Asset Management Global Market Research Report discusses current and historical market performance and related technology and business trends, profiles leading technology suppliers, and provides five-year global forecasts for the enterprise asset management market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, asset type, sales channels, and customers.
Per Ralph Rio, Vice President and the principal author of this report, “IIoT with predictive maintenance has increased the value of a modern EAM system, which helps drive adoption. Also, SaaS has lowered the initial cost while continuously obtaining new features in the current version without the pain of multiple upgrades.”
A modern EAM system provides the needed visibility, planning, and execution to achieve the key goals for assets, which are uptime, asset longevity, cost control, and safety along with the executive needs for high return on assets. These goals directly affect C-suite objectives in the P&L statement and balance sheet for revenue, cash conservation, profitability, and risk management. The average age of assets continues to increase, requiring improved asset management to operate as designed while extending the service life of the asset.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. This report is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.
About ARC Advisory Group
Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure, and cities. ARC stands apart due to our in-depth coverage of both information technologies (IT) and operational technologies (OT) and associated business trends. Our analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today. We provide technology supplier clients with strategic market research, and help end user clients develop appropriate adoption strategies and evaluate and select the best technology solutions for their needs.