Global fixed asset management software market is expected to rise to an estimated value of USD 6.83 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026.
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Major Market Competitors/Players:
IBM Corporation, Infor, SAP ERP, Microsoft, Oracle, Sage Group, Aptean, MAINTENANCE CONNECTION, AN ACCRUENT COMPANY, IFS Solutions India Pvt.ltd, Acumatica, Inc., Fluke Corporation, AVEVA Group plc, Ramco Systems., ABB, Mainsaver, Inc. Zoho Corp., RCS Tech LLP, Xero Limited., Spine Technologies (I) Pvt. Ltd., Sensys Technologies Pvt Ltd., VIRMATI SOFTWARE & TELECOMMUNICATIONS LTD., Real Asset Management Plc and many more.
Global fixed asset management software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fixed asset management software market for global, Europe, North America, Asia-Pacific and South America.
- Increasing demand for efficient management is driving the market
- Rising adoption of IoT based solution will also act as a driver for this market
- Increasing occurrence of big data and analytics will also propel the market
- Surging prevalence of IoT systems and increasing awareness regarding the benefits of precautionary preservation is expected to positively affect the growth of the market
Fixed asset management software is a process which is related to accounting and is used to track the fixed assets. There main function is to track functional accounting, theft obviation and preventive maintenance. In simple words, they are mainly used to track the condition, quantity and other features of the fixed assets. They widely use serial numbered asset tags for the tracking. Increasing adoption of IoT based solutions is driving market growth. ‘
Table of Contents: Global Fixed Asset Management Software Market
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Market Size-by Manufacturers
Chapter 4: Production-by Regions
Chapter 5: Consumption-by Regions
Chapter 6: Market Size-by Type
Chapter 7: Market Size-by Application
Chapter 8: Manufacturers Profiles
Chapter 9: Production Forecasts
Chapter 10: Consumption Forecast
Chapter 11: Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12: Opportunities & Challenges, Threat and Affecting Factors
Chapter 13: Key Findings
Chapter 14: Appendix
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Key Developments in the Market:
In September 2018, Net@Work announced that they have acquired IMS (Inventory Management Solutions). This acquisition will help the Net@work to expand their Net@Work’s Sage Fixed Assets Software (Sage FAS) practice and will also strengthen their position in the market. With this acquisition, the company will also get access to different technologies and services which will also help them to grow rapidly
In September 2017, MRI Software announced that they have acquired Real Asset Management so that they can expand their portfolio in asset management and provide better solution and services to their clients. This will also help the MRI clients to manage their accounting and also improve their compliance. This acquisition will strengthen their market position and help them to expand in other market as well
Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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