The global enterprise asset management market generated revenue of $5,682.1 million in 2020, and it is expected to grow at a CAGR of 14.2% during 2020–2030. The key factors responsible for the growth of the market include the surging need for reduction of maintenance and procurement expenses, increasing adoption of these solutions for effective utilization of assets, and improved return on assets (ROA).

The global enterprise asset management market generated revenue of $5,682.1 million in 2020, and it is expected to grow at a CAGR of 14.2% during 2020–2030. The key factors responsible for the growth of the market include the surging need for reduction of maintenance and procurement expenses, increasing adoption of these solutions for effective utilization of assets, and improved return on assets (ROA).