NEW
YORK, Jan. 18, 2022 /PRNewswire/ -- 34% of the
growth will originate from North
America for the fixed asset management software
market. The US and Jamaica
are the key markets for fixed asset management software in
North America. Market growth in
this region will be faster than the growth of the market in
Europe. The high adoption of
enterprise asset management will facilitate the fixed asset
management software market growth in North America over the
forecast period. The fixed asset management software
market is expected to grow by USD 2.65
billion from 2021 to 2026, at a CAGR of 11.32% as
per the latest market forecast report by Technavio.
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Read the 120-page report with TOC on "Fixed Asset
Management Software Market Analysis Report by Deployment
(On-premise and Cloud) and Geography (North America, Europe, APAC, MEA, and South America), and the Segment
Forecasts,2022-2026". Gain competitive intelligence about
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functions. https://www.technavio.com/report/report/fixed-asset-management-software-market-industry-analysis
Fixed asset management software market - Driver &
challenge
The fixed asset management software market is driven by the
growing adoption of cloud-based deployment solutions.
However, the factors such as data privacy and security
concerns may impede the market growth. The holistic
analysis of the drivers & challenges will help in deducing
end goals and refining marketing strategies to gain a competitive
edge.
Some of key Fixed Asset Management Software Players with
offerings:
The fixed asset management software market is
fragmented and the 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 grants management, payroll, human resources management,
budget development, loan tracking, and automation workflow.
- 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 Assets Depreciation Software
which reduces IT spending, is accurate and compliant and easily
reconciles between periods and books.
- EAZY ERP - The
company offers fixed asset management software such as Fixed Assets
Management Module that includes assets purchase details, warranty,
insurance, AMC and maintenance details, manual depreciation rates,
location, user, and other details of the asset, and many more.
- Infor Inc. - The company offers fixed asset
management software such as Assets solutions which ensures better
asset performance, reduced downtime, improve labor productivity,
minimize inventory, increase warranty cost recovery, and decrease
energy consumption.
To know about all major vendors with their key
offerings - Download a free sample now!
Fixed Asset Management Software Market Deployment Outlook
(Revenue, USD bn, 2021-2026)
- On-premise - size and forecast 2021-2026
- Cloud - size, and forecast 2021-2026
Fixed Asset Management Software Market Geography Outlook
(Revenue, USD bn, 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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Report
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Fixed Asset
Management Software Market Scope
|
Report
Coverage
|
Details
|
Page number
|
120
|
Base year
|
2021
|
Forecast
period
|
2022-2026
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
11.32%
|
Market growth
2022-2026
|
USD 2.65
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
9.50
|
Regional
analysis
|
North America, Europe,
APAC, MEA, and South America
|
Performing market
contribution
|
North America at
34%
|
Key consumer
countries
|
US, UK, China, Germany,
and Jamaica
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
AccuFund Inc.,
Acumatica Inc., Bloomberg LP, EAZY ERP, Infor Inc., International
Business Machines Corp., Multiview Corp., Oracle Corp., Sage Group
Plc, and SAP SE
|
Market
Dynamics
|
Parent market analysis,
Market growth inducers and obstacles, Fast-growing and slow-growing
segment analysis, COVID-19 impact and future consumer dynamics,
market condition analysis for the forecast period,
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
About Technavio
Technavio is a leading global
technology research and advisory company. Their research and
analysis focuses on emerging market trends and provides actionable
insights to help businesses identify market opportunities and
develop effective strategies to optimize their market
positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio