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Press Release

Fixed Asset Management Software (FAMS) Market 2019 Regional Overview, Industry Trends, Top Key Players and Profit Growth Analysis by Forecast to 2023


"Fixed Asset Management Software (FAMS) Market"
Fixed Asset Management Software (FAMS) Market is expected to reach approximately USD 6.2 billion by the end of 2023 with 12% CAGR during forecast period 2017-2023.

Market Highlights:

Fixed asset management software is a process by businesses can organize, store, retrieve and manage rights. The development of an infrastructure to preserve and manage assets and also allows end-users to identify and locate assets. It is a set of database records. Each database record comprises of metadata explaining the information about its content. The software helps to create & manage the databases and helps the companies to store.

The growing demand for process automation, high implementation of analytics to manage assets, growing mobility solutions and increasing integration of asset management solutions are the factors boosting the growth of the Fixed Asset Management Software Market.

However, factors such as lack of awareness and dependency on various traditional approaches are hindering the growth of the overall market. Various organizations are investing in research & development to achieve business growth. Furthermore, the increasing online marketing or digital marketing and growing demand for collaborative digital workflow are expected to drive the growth of the market in future.

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Major Key Players:

  • Sage Intacct (U.S.)
  • Cougar Mountain Software (U.S.)
  • Multiview Corporation (Canada)
  • NetSuite (U.S.)
  • SAP ERP Core Finance (Germany)
  • Bloomberg BNA (U.S.)
  • Acumatica ERP (U.S.),
  • AccuFund Accounting Suite (U.S.)
  • EAZY ERP (U.S.)

Regional Analysis:

By Region, MRFR analysis shows that, Asia-Pacific region is expected to grow over the forecast period majorly due to increasing implementations of various government initiatives, presence of large number manufacturers in this region and the growing implementation of asset management across various sectors. Countries such as China, Japan and Australia contributes largely to the overall growth of the market.

Europe is expected to have a stable growth rate over the forecast period, 2017-2023. However, North-America accounted for the largest market share. Countries such as U.S contributes largely to the overall growth of the market. The reason of this growth is attributed to rising demand for advanced technological solutions installed in various organizations.

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Segments:

  • On the basis of deployment, the market can be segmented into cloud and on premises. Out of these, cloud based accounted for the largest market share majorly due to increasing demand for cloud based solutions by various sectors. However, on premises segment is expected to grow over the forecast period, 2017-2023.
  • On the basis of organization size, the market can be segmented into SMEs and large enterprises. Out of these, large enterprises accounted for the largest market share since large enterprises prefer to store and manage their assets in their own infrastructure. However, SMEs segment is expected to grow over the forecast period, 2017-2023.
  • On the basis of application, the market can be segmented into accounting, tax management, asset tracking, asset management and document management among others. Out of these, document management and accounting segment accounted for the largest market share majorly due to increasing demand for asset management solutions, digital transformation, large number of vendors and high implementation of these solutions in the healthcare sector and the finance sector.
  • On the basis of region, the market can be segmented into North America, Europe, Asia-Pacific and Rest of the world.

Intended Audience:

  • Device manufacturers
  • Network Operators
  • Distributors
  • Suppliers
  • Research firms
  • Software Developers
  • Commercial Banks
  • Vendors
  • Government Agencies
  • Vendors
  • End-user sectors
  • Technology Investors

Table of Contents

1        Market Introduction       

1.1       Introduction   

1.2       Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3       Market Structure

Continued….

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List of Tables

Table 1 Fixed Asset Management Software Market, By Deployment

Table 2 Fixed Asset Management Software Market, By Organization Size

Table 3 Fixed Asset Management Software Market, By Application

Continued….

List of Figures

Figure 1 Research Methodology

Figure 2 Fixed Asset Management Software Market, By Deployment (%)

Figure 3 Fixed Asset Management Software Market, By Organization Size (%)

Continued….

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Website: https://www.marketresearchfuture.com/reports/fixed-asset-management-software-market-4398



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