Global Fixed Asset Management Software Market 2019-2024 - Advent of Big Data and Analytics to Increase the Adoption of Fixed Asset Management Software
Retrieved on:
Monday, June 10, 2019
Preventive maintenance and IoT technology to boost adoption of fixed asset management software, and growing need to reduce operational cost and proliferate profits through efficient management of assets are the major factors driving the growth of the fixed asset management software market.
Key Points:
- Preventive maintenance and IoT technology to boost adoption of fixed asset management software, and growing need to reduce operational cost and proliferate profits through efficient management of assets are the major factors driving the growth of the fixed asset management software market.
- The fixed asset management software empowers organizations with a centralized platform to efficiently manage their assets throughout its lifecycle.
- The software empowers organizations with various capabilities, including asset lifecycle management, asset budgeting, depreciation management, disposal management, document management, barcoding/Radio Frequency Identification (RFID), asset tracking, audit trail, and tax management.
- North America is likely to account for a substantial share of the global fixed asset management software market during the forecast period.