North America Enterprise Asset Management Market Analysis and New Market Opportunities Explored
The North America enterprise asset management market is expected to reach $2,125.9 million by 2023, according to P&S Intelligence. Rising need to reduce operating costs and increasing asset utilization are the key factors driving the market growth. Insights on market segments Based on component, the North American enterprise asset management market has been categorized into solutions, software, and services. Of these, software category held the largest market share of more than 50% in 2017. The software category is mainly driven by increasing need for effective management of enterprise resources and their assets, wherein assets maintenance, repair, and operations (MRO) is expected to register highest growth rate during the forecast period. Based on industry, the North American enterprise asset management market has been classified into government, oil and gas, healthcare, transportation and logistics, manufacturing, energy and utilities and others (include...