Uploaded on Aug 7, 2020
UK EAM market is estimated to grow significantly at a CAGR of around 9.9% during the forecast period. The various industries such as BFSI, energy, retail and others in the country are adopting digital technologies and with this, the dependency on online services such as the internet, cloud services, and IoT is rising continuously. With the increasing of this dependency, it is expected that the companies will increase their investment in cloud services and EAM solutions for better productivity and reducing cost. According to OCED, in UK, there were around 136,720 enterprises of all sizes in 2017. There was around 1,242 organization having more than 250 employees, whereas 6,095 enterprises with 50-249 employees. A high number of enterprises will create a demand for physical, technological resources across business units that further provide an opportunity for the EAM market as it can be used to manage all the resources in the business unit.
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