Enterprise Asset Management Market by Type & End User- 2026
Sheetal2301 Dec, 2023Technology
Enterprise Asset Management Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period, to reach USD 5.5 billion by 2026 from USD 3.3 billion in 2020 according to report published by MarketsandMarkets. The EAM refers to the combination of software, systems, and services used by enterprises to manage the life cycle of physical assets and equipment for maximizing their lifetime; reducing costs; and improving quality and efficiency, health of assets, and environmental safety.
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