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. 

Attractive Opportunities in Fixed Asset Management Software Market by Deployment and Geography - Forecast and Analysis 2022-2026

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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 market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply 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 ERPThe 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.

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.

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Technavio (PRNewsfoto/Technavio)

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