Global Fixed Asset Management Software Market report likewise incorporates a study of small scale and large scale variables required for the present Global Fixed Asset Management Software Market players and new contenders alongside value chain investigation. Global Fixed Asset Management Software Market report, businesses can make out the reaction of the consumers to an already existing product in the market. The analysis and estimations carried out via this report provide details about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. The parameters of this Global Fixed Asset Management Software Market report range from industry outlook, currency, and pricing, value chain analysis, market overview, premium insights, key insights to the company profile of the key market players.
The report demonstrates a wide examination of the industry via conveying an assessment of present trending patterns, customer’s need, forceful forces, mechanical updates, and working capital in the market. It likewise introduces an exact portrayal of each area and creating industry patterns.
Major Market Competitors/Players: Global Fixed Asset Management Software Market
Few of the major competitors currently working in the global fixed asset management software market are-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.
Market Analysis: Global Fixed Asset Management Software Market
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.
Rising demand for cost effective &comprehensive solutions and increasing security concern among enterprises are the factor fuelling the growth of this market.
Market Definition: Global Fixed Asset Management Software 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 the market growth. Market Drivers:
- 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 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
Segmentation: Global Fixed Asset Management Software Market
By Organization Type
Small and Medium-Sized Enterprises
By Deployment Type
Energy and Utilities
Telecom, and Media
Transportation and Logistics
Healthcare and Life Sciences
Accounting, Tax Management
Rest of South America
Rest of Europe
Rest of Asia-Pacific
Middle East and Africa
United Arab Emirates
Rest of Middle East and Africa
Features of the Report
- Key trends in the market place
- Major players and brands
- Drivers and restrains of the market
- Key developments in the market
- Challenges of market growth
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
Competitive Analysis: Global Fixed Asset Management Software Market
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.
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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