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Global Fixed Asset Management Software Market Future Demand, Market Analysis & Outlook to 2026|IFS Solutions India Pvt.ltd, Acumatica, Inc., Fluke Corporation, AVEVA Group plc, Ramco Systems., ABB

Global fixed asset management software market is expected to rise to an estimated value of USD 6.83 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. Rising demand for cost effective &comprehensive solutions and increasing security concern among enterprises are the factor fuelling the growth of this market.

The fixed asset management software report aids in achieving an extreme sense of evolving industry movements before the competitors. This market research report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. It becomes easy to analyse the actions of key players and its effect on the sales, import, export, revenue and CAGR values with this fixed asset management software report. The report is also a helpful source of assistance and direction for companies and individuals interested in the industry. This report endows with the statistics on the market status of global and regional manufacturers.

Major Market Competitors/Players: Global Fixed Asset Management Software Market 

Few of the major competitors currently working in the global fixed asset management software market are IBM Corporation, Infor, SAP ERP, Microsoft, Oracle, Sage Group, Aptean, MAINTENANCE CONNECTION, AN ACCRUENT COMPANY, IFS Solutions India Pvt.ltd, Acumatica, Inc., Fluke Corporation, AVEVA Group plc, Ramco Systems., ABB, Mainsaver, Inc. Zoho Corp., RCS Tech LLP, Xero Limited., Spine Technologies (I) Pvt. Ltd.,   Sensys Technologies Pvt Ltd., VIRMATI SOFTWARE & TELECOMMUNICATIONS LTD., Real Asset Management Plc and many more.

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Key Developments in the Market:

In September 2018, [email protected] announced that they have acquired IMS (Inventory Management Solutions). This acquisition will help the [email protected] to expand their [email protected]’s Sage Fixed Assets Software (Sage FAS) practice and will also strengthen their position in the market. With this acquisition, the company will also get access to different technologies and services which will also help them to grow rapidly

In September 2017, MRI Software announced that they have acquired Real Asset Management so that they can expand their portfolio in asset management and provide better solution and services to their clients. This will also help the MRI clients to manage their accounting and also improve their compliance. This acquisition will strengthen their market position and help them to expand in other market as well

Market Drivers:

Increasing demand for efficient management is driving the market

Rising adoption of IoT based solution will also act as a driver for this market

Increasing occurrence of big data and analytics will also propel market

Surging prevalence of IoT systems and increasing awareness regarding the benefits of precautionary preservation is expected to positively affect the growth of the market

Market Restraints:

Lack of skilled and trained professionals will also restrain the market

Dearth of awareness about benefits of fixed asset management software will also hamper the market

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Segmentation: Global Fixed Asset Management Software Market 

By Component

Software

Services

By Organization Type

Large Enterprises

Small and Medium-Sized Enterprises

By Deployment Type

On-Premises

Cloud

By Industry

Energy and Utilities

Manufacturing, IT

Telecom, and Media

Transportation and Logistics

Healthcare and Life Sciences

By Application

Accounting, Tax Management

Asset Tracking

Asset Management

Document Management

Others

By Geography

North America

South America

Europe

Asia-Pacific

Middle East and Africa

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Competitive Analysis: Global Fixed Asset Management Software Market 

Global fixed asset management software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fixed asset management software market for global, Europe, North America, Asia-Pacific and South America.

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints

Key market players involved in this industry

Detailed analysis of the market segmentation

Competitive analysis of the key players involved

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