NEW YORK, January 18, 2022 /PRNewswire/ — 34% of growth will come from North America for the fixed asset management software market. The United States and Jamaica are the top Fixed Asset Management Software Markets in North America. The growth of the market in this region will be faster than the growth of the market in Europe. The high adoption of enterprise asset management will facilitate the growth of the North America fixed asset management software market over the forecast period. Fixed Asset Management Software Market Expected to Grow by $2.65 billion from 2021 to 2026, to a CAGR of 11.32% according to Technavio’s latest market forecast report.
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Read the 120-page report with TOC on “Fixed Asset Management Software Market Analysis Report by Deployment (On-Premises and Cloud) and Geography (North America, Europe, APAC, MEA and South America), and Segment Forecast, 2022-2026″. Gain competitive insights on market leaders. Track key industry opportunities, trends, and threats. Insights on marketing, brand, strategy, and market development, sales and supply functions. https://www.technavio.com/report/report/fixed-asset-management-software-market-industry-analysis
Fixed Asset Management Software Market – Driver and Challenge
The fixed asset management software market is driven by growing adoption of cloud-based deployment solutions. However, factors such as privacy and data security issues may hamper market growth. Holistic analysis of drivers and challenges will help infer end goals and refine marketing strategies to gain competitive advantage.
Some of the Major Fixed Asset Management Software Players with Offers:
The fixed asset management software market is fragmented and vendors are deploying various organic and inorganic growth strategies to compete in the market.
- AccuFund Inc. – The company offers fixed asset management software such as financial management solution which includes grant management, payroll, human resource management, budgeting, loan tracking and workflow automation .
- Acumatica Inc. – The company offers fixed asset management software that can be used to create accurate financial reports, maximize tax benefits and meet compliance requirements.
- Bloomberg LP – The company offers fixed asset management software such as fixed asset amortization software that reduces IT expenses, is accurate and compliant, and provides easy reconciliation between periods and books.
- EAZYERP – The company offers fixed asset management software such as fixed asset management module which includes asset purchase details, warranty, insurance, AMC and maintenance details, depreciation rates manual, location, user and other asset details, and many more.
- info inc. – The company offers fixed asset management software such as Assets solutions which ensure better asset performance, reduced downtime, improved labor productivity, reduced inventory, increased cost recovery of warranty and reduced energy consumption.
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Asset Management Software Market Deployment Outlook (Revenue, USD Billion, 2021-2026)
- Onsite – size and forecast 2021-2026
- Cloud – size and forecast 2021-2026
Fixed Asset Management Software Market Geography Outlook (Revenue, USD Billion, 2021-2026)
- North America – size and forecast 2021-2026
- Europe – size and forecast 2021-2026
- APAC – size and forecast 2021-2026
- MEA – size and forecast 2021-2026
- South America – size and forecast 2021-2026
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Scope of Fixed Asset Management Software Market |
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Report cover |
Details |
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Page number |
120 |
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Year of reference |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum and CAGR |
Accelerate at a CAGR of 11.32% |
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Market Growth 2022-2026 |
$2.65 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
9.50 |
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Regional analysis |
North America, Europe, APAC, MEA and South America |
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Successful market contribution |
North America at 34% |
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Main consumer countries |
US, UK, China, Germany and Jamaica |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
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Profiled companies |
AccuFund Inc., Acumatica Inc., Bloomberg LP, EAZY ERP, Infor Inc., International Business Machines Corp., Multiview Corp., Oracle Corp., Sage Group Plc and SAP SE |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period, |
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Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
About Technavio
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.
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