UK Enterprise Asset Management Market Size & Outlook
UK enterprise asset management market, 2018-2030 (US$M)
Related Markets
UK enterprise asset management market highlights
- The UK enterprise asset management market generated a revenue of USD 395.3 million in 2023 and is expected to reach USD 996.1 million by 2030.
- The UK market is expected to grow at a CAGR of 14.1% 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 395.3 million |
| Market revenue in 2030 | USD 996.1 million |
| Growth rate | 14.1% (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, UK accounted for 6.0% 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 |
|---|
UK 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 65.04% in 2023. Horizon Databook has segmented the UK enterprise asset management market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
According to a recent KPMG report, businesses in the U.K. are facing a shortage of skilled employees, which is hampering business growth and international competitiveness. Thus, in July 2021, ServiceNow, an EAM vendor, collaborated with the Prince’s Trust and the U.K. campus of Northeastern University to create a government-funded and employer-led skills BootCamp.
The bootcamp aimed to upskill employees to make them ready forthe digital needs of the company. In March 2020, EMCOR Group Inc.’s U.K. division extended its partnership agreement with Lancaster Gas, a department of Lancaster City Council that manages heating and safety-related issues across the authority’s property portfolio. The city council receives all the solutions and services including EAM software regarding asset maintenance from the company.
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Target buyers of UK 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 UK enterprise asset management market , including forecasts for subscribers. This country databook contains high-level insights into UK enterprise asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK enterprise asset management market size, by deployment, 2018-2030 (US$M)
UK Enterprise Asset Management Market Outlook Share, 2023 & 2030 (US$M)
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