Asia Pacific Enterprise Asset Management Market Size & Outlook
Asia Pacific enterprise asset management market, 2018-2030 (US$M)
Related Markets
Asia Pacific enterprise asset management market highlights
- The Asia Pacific enterprise asset management market generated a revenue of USD 2,019.7 million in 2023.
- The market is expected to grow at a CAGR of 18.1% from 2024 to 2030.
- In terms of segment, on-premise was the largest revenue generating deployment in 2023.
- Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,019.7 million |
| Market revenue in 2030 | USD 6,477.8 million |
| Growth rate | 18.1% (CAGR from 2023 to 2030) |
| Largest segment | On-premise |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud, On-premise |
| Key market players worldwide | Constellation Software Inc, CGI Inc Class A, Intercorp Financial Services Inc, International Business Machines Corp, Oracle Corp, Sage Group (The) PLC, SAP SE |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.5% of the global enterprise asset management market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,477.8 million by 2030.
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Enterprise Asset Management Market Scope
Enterprise Asset Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific enterprise asset management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to enterprise asset management market will help companies and investors design strategic landscapes.
On-premise was the largest segment with a revenue share of 64.39% in 2023. Horizon Databook has segmented the Asia Pacific enterprise asset management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
Businesses in developing APAC economies such as India are focusing on globalization to develop a regional business environment, thereby creating traction in the regional EAM and CMMS market. Moreover, a rapid increase in the number of SMEs in India and their increased focus on the implementation of next generation technologies to drive regional and global businesses are anticipated to drive the market in the country.
The Asia-Pacific region is a hub for small and medium enterprises keen to gain a competitive advantage through better customer service that can be attained by optimizing their production and manufacturing operations. Appropriate tools for maintaining assets and equipment to help companies achieve their goals are in high demand.
China is one of the world’s largest manufacturers of electronic components and devices. All major international companies have established manufacturing operations in the country and the products manufactured in China are shipped across the globe.
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Target buyers of Asia Pacific enterprise asset management market databook
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Our clientele includes a mix of enterprise asset management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific enterprise asset management market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific enterprise asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific enterprise asset management market size, by country, 2018-2030 (US$M)
Asia Pacific Enterprise Asset Management Market Outlook Share, 2023 & 2030 (US$M)
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