--- title: Enterprise Asset Management Trends: The Future Of EAM --- # Enterprise Asset Management Trends: The Future Of EAM Last Reviewed: March 16, 2026 6 min read [4 comments](https://www.selecthub.com/eam/eam-market/#comments) [ ![Kriti Agarwal](https://www.selecthub.com/wp-content/uploads/2021/09/Kriti-Headshot-96x96.jpg) ](https://www.selecthub.com/author/kriti-agarwal/) [Written by Kriti Agarwal](https://www.selecthub.com/author/kriti-agarwal/) Technical Content Writer [ ![Ryan McElroy](https://www.selecthub.com/wp-content/uploads/2021/06/Ryan-McElroy-Headshot-96x96.jpg) ](https://www.selecthub.com/author/ryan-mcelroy/) [Edited by Ryan McElroy](https://www.selecthub.com/author/ryan-mcelroy/) Content Editor [ ![Shantashree Das](https://www.selecthub.com/wp-content/uploads/2024/02/cropped-Shantashree-Das-96x96.jpg) ](https://www.selecthub.com/author/shantashree-das/) [Technical Research by Shantashree Das](https://www.selecthub.com/author/shantashree-das/) Senior Analyst Table of Contents * [Key Takeaways](#Key%5FTakeaways "Key Takeaways") * [EAM Market Share, Size and Scope](#EAM%5FMarket%5FShare%5FSize%5Fand%5FScope "EAM Market Share, Size and Scope") * [Performance and Project Management](#Performance%5Fand%5FProject%5FManagement "Performance and Project Management") * [Asset Performance Management](#Asset%5FPerformance%5FManagement "Asset Performance Management") * [Project Portfolio Management](#Project%5FPortfolio%5FManagement "Project Portfolio Management") * [Top Trends](#Top%5FTrends "Top Trends") * [Dealing With Inflation](#Dealing%5FWith%5FInflation "Dealing With Inflation") * [Leveraging Technology To Cut Costs](#Leveraging%5FTechnology%5FTo%5FCut%5FCosts "Leveraging Technology To Cut Costs") * [Rethinking Data Capabilities](#Rethinking%5FData%5FCapabilities "Rethinking Data Capabilities") * [Conclusion](#Conclusion "Conclusion") The [enterprise asset management](https://www.selecthub.com/category/cmms/eam/) market is booming. The market has changed accordingly as the focus has moved from simple maintenance management to organization-wide asset management. We’ve listed the latest EAM market trends, EAM market size and share and the state of the market in this article. [Compare EAM Software Leaders](https://pmo.selecthub.com/request-custom-scorecard/?category=EAM%20Software) ![Enterprise Asset Management Trends]() ## Key Takeaways * The enterprise asset management market is predicted to grow to $21.47 billion by 2030. * Asia and North America are the fastest growing EAM markets. * There are three main revenue cycles that are driving growth in the EAM market — asset performance management, project and performance management, and project portfolio management. * 96% of asset managers already use cloud computing technologies in their front-to-back offices, and 67% plan to increase that reliance on core financial services by 2024. ## EAM Market Share, Size and Scope Asset life cycle management is the main focus of [EAM software](https://www.selecthub.com/eam-software/). If a task requires interacting with an asset, EAM software can probably complete it. This includes anything from maintenance execution to asset monitoring to purchase forecasting. The [enterprise asset management software market](https://www.researchandmarkets.com/reports/5184643/enterprise-asset-management-market-research) is predicted to reach $21.47 billion by 2030 at a CAGR of 14.2%. ![EAM Market Statistics]() There are three main revenue cycles that drive it: ### Performance and Project Management Users may track and manage projects from start to finish in an organized, effective manner with the use of project and performance management. To make sure everyone is upholding their end of the bargain and keeping projects on track, users can keep an eye on the performance of either individual team members or the entire project team. ### Asset Performance Management The goal of [asset performance management](https://www.gartner.com/it-glossary/asset-performance-management-apm) is to increase the dependability, availability or performance of physical assets by combining analytics, data collection and visualizations. Making your assets work for you involves [condition monitoring](https://www.twi-global.com/technical-knowledge/faqs/what-is-condition-monitoring), [reliability-centered maintenance](https://www.fiixsoftware.com/maintenance-strategies/reliability-centered-maintenance/) and [predictive forecasting](https://www.jedox.com/en/blog/predictive-forecasting/). ### Project Portfolio Management Asset performance management data is used in asset and [project portfolio management](https://www.selecthub.com/category/project-management/ppm/) to support users in making more informed decisions about the future acquisition and upkeep of assets. Its objective is to raise ROI and increase every asset’s return on investment. The top solutions on the EAM market are (in no particular order): * [Maximo](https://www.selecthub.com/eam-software/maximo/) * [Oracle](https://www.selecthub.com/eam-software/oracle-eam/) * [Infor](https://www.selecthub.com/eam-software/infor-eam/) * [SAP](https://www.selecthub.com/eam-software/sap-eam/) * [Assetworks](https://www.selecthub.com/eam-software/assetworks/) * [eMaint](https://www.selecthub.com/cmms-software/emaint/) * [Aveva](https://www.selecthub.com/eam-software/aveva/) * [Asset Essentials](https://www.selecthub.com/cmms-software/asset-essentials/) * [IFS](https://www.selecthub.com/cmms-software/ifs-eam/) * [Fiix](https://www.selecthub.com/cmms-software/fiix/) * [MAPCON](https://www.selecthub.com/cmms-software/mapcon/) * [MPulse](https://www.selecthub.com/cmms-software/mpulse/) * [Tabware](https://www.selecthub.com/cmms-software/tabware/) * [MicroMain](https://www.selecthub.com/cmms-software/micromain/) * [UpKeep](https://www.selecthub.com/cmms-software/upkeep/) EAM offers benefits to almost every area of an asset-focused organization, so it’s no wonder that the use of this type of [CMMS software](https://www.selecthub.com/cmms-software/) is becoming more prevalent. [Compare EAM Software Leaders](https://pmo.selecthub.com/request-custom-scorecard/?category=EAM%20Software) ## Top Trends So what’s happening in the enterprise asset management market? * [Dealing With Inflation](#5) * [Leveraging Technology To Cut Costs](#6) * [Rethinking Data Capabilities](#7) ### Dealing With Inflation Asset managers must find measures to counteract excessive inflation in this environment, but it is getting harder to find safe havens. Many investors anticipate reducing their exposure to traditional fixed income assets because it is commonly anticipated that inflation will rise higher before the end of the year. However, despite issues with liquidity and price, investors aren’t completely turned off by fixed income as structured credit becomes a more appealing investment. [Receive Advice From the Experts](https://www.selecthub.com/managed-selection-services/) ### Leveraging Technology To Cut Costs Asset managers are actively seeking to accelerate growth by reducing costs and enhancing their capabilities as fee pressures remain and the competitive environment becomes more intense. Thankfully, technology is offering unmatched benefits in achieving both goals. Recent advances in artificial intelligence and IoT are enabling businesses to uncover creative, cost-efficient ways to increase productivity and generate value. EAM solutions are improving at failure prediction by fusing the capabilities of the Internet of Things (IoT) and artificial intelligence. You can monitor the wear and condition of many sorts of components using a vast network of cutting-edge sensors, which will promptly notify you when maintenance is required. What is particularly significant is that data analysis occurs continuously online, making it possible to identify potential issues very quickly. Business models and customer expectations are raising the competitive threshold across the asset management industry as other companies take note and adopt comparable innovations. Operations might be one area to minimize costs. Asset managers can hire other companies to do their back- and middle-office tasks. They gain from cost reductions and prompt, accurate reporting as a result. [Compare CMMS Pricing & Costs with our Pricing Guide](https://pmo.selecthub.com/cmms-price-report-pdf-onsite/) ### Rethinking Data Capabilities Asset managers have traditionally relied on good data collection and use to stay competitive, but the pandemic’s general acceleration of digital transformation has dramatically upped industry standards, leaving many businesses suffering with antiquated systems that can no longer handle daily demands. Companies are now reviewing their data strategy in order to dismantle internal data silos and raise the caliber of data utilized for portfolio analysis, client and regulatory reporting as businesses search for operational efficiencies. The ability of asset managers to aggregate and combine data from many systems is becoming more and more crucial to their capability to meet regulatory reporting requirements. Many people are discovering that legacy systems are unable to handle the volumes of data required due to the strain of incorporating new ESG criteria into portfolio analysis and reporting. Since accurate and timely data provision is crucial given the underperformance some managers experience in the current market environment, thorough performance and risk reporting also depends on it. In a recent [asset management transformation](https://www.bnymellon.com/content/dam/bnymellon/documents/pdf/insights/asset-manager-transformation-is-already-here-overview.pdf.coredownload.pdf) study by BNY Mellon, more than 200 asset managers from around the world were polled. The results showed that 96% of them already use cloud computing technologies in their front-to-back offices and 67% plan to increase that reliance on core financial services by 2024. ![Technological trends in EAM]() [Compare EAM Software Leaders](https://pmo.selecthub.com/request-custom-scorecard/?category=EAM%20Software) ## Conclusion Big, exciting things are happening across the globe as technology advances and EAM software becomes more prevalent and more powerful. Rising inflation will impact the EAM market as organizations look at numerous ways to cut down costs. This will inevitably lead to greater adoption of technology to reduce man hours and increase productivity. Adoption of technology will also turn the focus to data management and storing capabilities to make information more secure and accessible to team members. What insights do you have into the enterprise asset management market size and share? Share them with us in the comments! ### Trending Topics #### [Enterprise Asset Management](https://www.selecthub.com/category/eam/) [The 5 Best Asset Management Software in 2026](https://www.selecthub.com/eam/asset-management-software/) [An organization is nothing without its assets — but they can be a lot to… ](https://www.selecthub.com/eam/asset-management-software/) [ ![Riya Jamble](https://www.selecthub.com/wp-content/uploads/2023/11/cropped-Riya-Headshot_Meet-the-Team-96x96.jpg) Riya Jamble ](https://www.selecthub.com/author/riya-jamble/) Mar 16, 2026 #### [Enterprise Asset Management](https://www.selecthub.com/category/eam/) [What is Asset Tracking? 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Without… ](https://www.selecthub.com/eam/eam-software-requirements-checklist/) [ ![Riya Jamble](https://www.selecthub.com/wp-content/uploads/2023/11/cropped-Riya-Headshot_Meet-the-Team-96x96.jpg) Riya Jamble ](https://www.selecthub.com/author/riya-jamble/) Mar 16, 2026 Originally published in August 2024 and last updated in March 2026\. Contributions from Kriti Agarwal, Shantashree Das, Kankana Kalita, and Ryan McElroy. ## About the Contributors The following team members helped research, create, and review this content. [ ](https://www.selecthub.com/author/kriti-agarwal/) Written by [Kriti Agarwal](https://www.selecthub.com/author/kriti-agarwal/) Technical Content Writer Kriti is a Technical Content Writer at SelectHub, covering CMMS, EAM and facility management. She is an avid reader, daydreamer and animal lover, especially dogs. A perfect Saturday evening for her is a cup of coffee with a classic book. She is talkative, cheerful, and outgoing. For an ideal vacation, she would prefer mountains over beaches. [See Full Bio](https://www.selecthub.com/author/kriti-agarwal/) [ ](https://www.selecthub.com/author/shantashree-das/) Technical Research by [Shantashree Das](https://www.selecthub.com/author/shantashree-das/) Senior Analyst Hailing from the Northeastern state of Assam, India, Shantashree Das completed her Bachelor of Engineering (B.E) in Computer Science and Engineering at the Royal School of Engineering and Technology (now Royal Global University) in Guwahati. She then pursued her Master of Business Administration (MBA) in Operations Management and Marketing at Assam University, India, where she developed a strong interest in ERP. Over the course of her career at SelectHub, Shantashree has gained specialties in various ERP and construction software categories, such as Manufacturing Software, CMMS Software, Construction ERP Software, Warehouse Management Software, Supply Chain Management Software, Distribution Software, Field Service Software, Takeoff Software, Construction Bidding Software, Construction Estimating Software, Construction Management Software, Construction Scheduling Software, and Property Management Software. [See Full Bio](https://www.selecthub.com/author/shantashree-das/) [ ](https://www.selecthub.com/author/kankana-kalita/) Technical Research by [Kankana Kalita](https://www.selecthub.com/author/kankana-kalita/) Principal Analyst A seasoned business and research analyst, Kankana Kalita specializes in ERP, CMMS, manufacturing, construction, supply chain, HRMS and CRM. Prior to joining SelectHub, she earned a Bachelor's degree in Computer Science and Engineering, an MBA in Operations and Marketing, and worked in email marketing and logistics. [See Full Bio](https://www.selecthub.com/author/kankana-kalita/) [ ](https://www.selecthub.com/author/ryan-mcelroy/) Edited by [Ryan McElroy](https://www.selecthub.com/author/ryan-mcelroy/) Content Editor Ryan McElroy is a Content Editor and Senior Market Analyst at SelectHub who writes and edits content on various software types, along with their broader concepts and the industries they serve, including medical, construction, CMMS, supply chain management and legal. He studied at the University of Missouri (Mizzou) and earned his BA in Journalism in 2016\. During his free time, you’ll find Ryan playing video/card/board games, sipping coffee and reading speculative fiction, or listening to music his loved ones often describe as “headache-inducing.” [See Full Bio](https://www.selecthub.com/author/ryan-mcelroy/) Riya JambleThe Top 12 Asset Management System Requirements * ‹ * › ### Conversation (4) ![Avatar](https://secure.gravatar.com/avatar/281d3616cf761f3582c0d76c23517846?s=32&d=mm&r=g) Write a response [Cancel reply](https://www.selecthub.com/eam/eam-market/#respond) Your message Your name \* Your email \* Website Save my name, email, and website in this browser for the next time I comment. Δ * ![Avatar photo](https://secure.gravatar.com/avatar/f07068607d450b58d9a15fe0c59a9cc3e4450d52020e9b65ad2b5be1bcfc21b8?s=96&d=mm&r=g) #### **Kimaya Agatha** \- August 3, 2021 thanks for sharing your post. **[Reply](#comment-83381)** * ![Avatar photo](https://secure.gravatar.com/avatar/a3c4acd0dc41d1cd64dbc5acc06382649e3e71335770b92f0dc56f38442345be?s=96&d=mm&r=g) #### **milad farahani** \- July 30, 2021 Hi I want to get some information about fundraising of an EAM company. i.e. how much money can be invested in an EAM company **[Reply](#comment-82801)** * ![Avatar photo](https://secure.gravatar.com/avatar/5cf5b755ecfba96f84c2786550d2c070824b43dfe2e71b393f9de4136a2ff2fc?s=96&d=mm&r=g) #### **SAIFUL CHOWDHURY** \- July 12, 2020 Hi, I would like to ask how Asset Tracking System (ATS) software and Enterprise Asset Management (EAM) software compare. What are all the specific functionality available in a good ATS software that cannot be found in a leading EAM software?……I see considerable overlap but am interested to know what the experts think at SelectHub. **[Reply](#comment-42128)** [![Zachary Totah](https://www.selecthub.com/wp-content/uploads/2020/07/Zac-48x48.jpg)](https://www.selecthub.com/author/zachary-totah/) #### **Zachary Totah** \- July 22, 2020 Hi Saiful, thanks for the question. I’ll contact our research team and let you know their thoughts. **[Reply](#comment-42730)** **Tier 1:** Fully/moderately supported out-of-the-box allowing for quick and easy deployment. Fully or moderately supported out-of-the-box with industry-leading capabilities and is immediately available after installation without needing any add-ons, integrations, or custom development. **Tier 2:** Supported with workarounds or add-ons that may require additional costs. Not directly available in the software, but can be accomplished using other built-in features, workarounds, or add-ons/products from the vendor with or without any additional cost. **Tier 3:** Requires partner integrations or custom development that is often at an additional cost. Requires additional integrations, plugins, marketplace applications from a third-party vendor, or custom development using the APIs, libraries, extensions, and development framework supported by the software, with or without any additional cost. 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