Germany EAM market is estimated to grow significantly at a CAGR of around 11.7% during the forecast period. The major factor that propels the market growth include significant number of enterprises in the country coupled with growing cloud based EAM solution in enterprises. According to OCED, Germany is experiencing exponential growth in terms of the expansion of enterprises with 250 or more employees.

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In 2014, there were around 4,252 enterprises in the country that have employee strength of 250 or more. These statistics subjected to an exponential growth in four years and increased to more than 4,497 enterprises in 2018. An increase in large size enterprises will augment the need for EAM solution as it will subsequently create a demand for the management of physical, technological and human resources across business units.

Germany EAM market is segmented on the basis of deployment and vertical. Based on deployment, the market is bifurcated into on-premise and cloud-based EAM solutions. Among these, on-premise EAM solutions held the highest market share in 2019. Energy and utilities, government and defense, manufacturing, transportation, and logistics industry mostly prefer on-premise EAM solutions as this solution is more customizable as compared to cloud-based EAM, thus, it fulfills the requirements of all end-users.

Further, on-premise EAM solutions may also be less vulnerable to global cyber threats as on-premise EAM set-up is support by experienced IT professionals, hence, the data security can be handled internally. Based on vertical, the market is segmented into BFSI, retail, energy and utility, healthcare, government, IT & telecom, and others (manufacturing, transportation, metal and mining, machinery, and construction).

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EAM Market Segmentation

By Deployment
• On-premises
• Cloud-Based

By Verticals
• Banking, Financial Services and Insurance (BFSI)
• Energy & Power
• Healthcare
• Government & Utilities
• IT & Telecom
• Others

Company Profiles
• ABB Ltd.
• ABS Group
• AVEVA Group PLC
• Carl International SA
• IFS AB
• IBM Corp.
• Microsoft Corp.
• Oracle Corp.
• SAP SE
• Ultimo Software Solutions BV

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