Skip to main content

Covid-19 Impacts on Enterprise Asset Management Market to Witness Robust Expansion Throughout the Forecast Period 2030

The EAM software optimizes the usage and productivity of the enterprise’s resources, which, in turn, leads to higher ROA. Besides being used by companies for getting higher ROA, EAM solutions are also being utilized by enterprises for asset utilization management. The usage of these solutions for asset utilization management allows for asset inventory tracking, maintenance agreement management, meter reading and invoice charge tracking, examination of trends in invoice payments and excess charges, and funding information and invoice analysis.

Get the sample copy of this report @ https://www.psmarketresearch.com/market-analysis/enterprise-asset-management-market/report-sample

Because of the aforementioned factors, the global enterprise asset management market is growing rapidly. According to the forecast of P&S Intelligence, a market research firm based in India, the valuation of the market would rise from $5.5 billion to $25.9 billion from 2019 to 2030. Furthermore, the market is predicted to progress at a CAGR of 17.0% between 2020 and 2030. 


Apart from enterprise asset management (EAM) solutions, EAM services are also being adopted by companies across the globe. Globally, the enterprise asset management market is predicted to register the fastest growth in the Asia-Pacific (APAC) region in the upcoming years. Telecom, banking, transportation, and manufacturing are the biggest industries using enterprise asset management solutions in the APAC region.

The large enterprises operating in this region are rapidly incorporating these solutions for effectively using their assets, reducing their maintenance costs, preventing the malfunctioning of machines, and simplifying their work operations. This market research report provides a comprehensive overview of the enterprise asset management market 
  • Historical and the present size of the enterprise asset management market 
  • Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
Labels:

Comments

Post a Comment

Popular posts from this blog

Increasing Internet Penetration Fueling Demand for Product Analytics

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various cog...
Post a Comment
Read more

Conversational AI Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

There are two ways in which conversational AI solutions are deployed, namely cloud and on-premises. Of these, the conversational AI solutions deployed through cloud recorded higher demand in 2018, and this deployment method is expected to remain more popular in the coming years. This is primarily attributed to the ballooning demand for scalability and easier maintenance features and 24*7 services offered by these solutions. Furthermore, many major companies are adopting cloud-based solutions for increasing their operational flexibility and reducing their operational costs. Coherent with these facts, the biggest phenomenon currently being observed in the conversational AI market is the mushrooming implementation of chatbots, as well as IVA, in various healthcare applications. Geographically, the highest demand for conversational AI market share has been witnessed in North America in the last few years, and the next few years will witness a similar situation. For instance, a Mahara...
Post a Comment
Read more

Battery Management System Market Size, Status, Top Players, Trends in Upcoming Years

The International Energy Association (IEA) predicts that the sale of battery electric vehicles (BEV) (trucks) and plug-in hybrid electric vehicles (PHEV) (trucks) will reach around 96,555 units and 107,571 units, respectively, by 2025. The organization also forecasts that the global stock of BEV cars and PHEV cars will reach 29,626,576 units and 16,335,941 units, respectively, by 2025. The surging electric vehicle (EV) sales will create an extensive requirement for battery management systems (BMSs) in the coming years, as batteries are the most important component of such vehicles. Besides, the surging use of rechargeable batteries in consumer electronic products is expected to drive the battery management system market at a vigorous CAGR of 15.0% during the forecast period (2021–2030).   The market revenue is expected to surge from $5,661.0 million in 2020 to $22,279.6 million by 2030. BMSs are installed in consumer electronics to control the operation of batteries and manag...
Post a Comment
Read more