Germany Enterprise Asset Management Market Size & Outlook
Germany enterprise asset management market, 2018-2030 (US$M)
Related Markets
Germany enterprise asset management market highlights
- The Germany enterprise asset management market generated a revenue of USD 292.9 million in 2023 and is expected to reach USD 783.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 15.1% 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.
Enterprise asset management market data book summary
| Market revenue in 2023 | USD 292.9 million |
| Market revenue in 2030 | USD 783.4 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | On-premise |
| Fastest growing segment | Cloud |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 4.4% of the global enterprise asset management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK enterprise asset management market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 381.1 million by 2030.
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Enterprise Asset Management Market Scope
Enterprise Asset Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 64.9% in 2023. Horizon Databook has segmented the Germany enterprise asset management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
In January 2022, Berger-Levrault Group appointed Axino Solutions, an IT and consulting firm in Germany, as its newest distribution partner to offer its EAM solutions to medium-sized German companies across all sectors.
The company intended to support small- and medium-sized organizations with the implementation of EAM and the optimization of profitability, management, and life cycle of their assets. According to a Reichelt Elektronik survey conducted in March 2021, 78% of German companies rely on predictive maintenance solutions such as EAM in their production and manufacturing facilities.
These solutions allow these companies to minimize product downtimes, plan and organize maintenance work, make informed decisions on the replacement or upgradation of assets, and improve quality of production processes.
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Target buyers of Germany 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 country-level data and insights on the Germany enterprise asset management market , including forecasts for subscribers. This country databook contains high-level insights into Germany enterprise asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany enterprise asset management market size, by deployment, 2018-2030 (US$M)
Germany Enterprise Asset Management Market Outlook Share, 2023 & 2030 (US$M)
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