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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.
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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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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.
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SOURCE Technavio
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