Enterprise Asset Management Market : Addressing Challenges in Application Techniques and Equipment.

The global Enterprise Asset Management (EAM) market size was USD 4.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 10.4% during the forecast period. Rapid advancement of various innovative technologies, such as Artificial Intelligence (AI), Internet of Things (IoT), and data analytics, rising demand for asset optimization and adequate focus on asset lifecycle management, and increasing preference from traditional asset management to advanced asset management methods are key factors driving market revenue growth. The latest research report by Emergen Research, named ‘Global Enterprise Asset Management Market - Forecast to 2033. The coronavirus outbreak has led to drastic changes in the current Enterprise Asset Management Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its exist...