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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.

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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
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