Enterprise Asset Management Software Market Soars Propelled By Need To Reduce Maintenance Cost, Coupled With Regulatory Requirements

The Enterprise Asset Management Software Market has experienced significant growth due to the increasing use of cloud-based solutions, predictive maintenance techniques, and a focus on asset performance management. With the rise of IoT and Industry 4.0, businesses are turning to EAM software to improve asset visibility and maximize asset lifespan. The market is expected to continue growing, with a wide range of industries utilizing EAM solutions.