Asset Management System Market Analysis

  • Report ID: 5113
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Asset Management System Market Analysis

Application (Healthcare, Public Sector, Retail, Hospitality, Industrial Manufacturing, Energy Utilities, Aviation)

The healthcare segment in the asset management system market is projected to have the largest revenue share by the end of 2036. Any asset-intensive company, especially those in the healthcare industry, runs a number of hazards if assets are not managed properly. The use of outmoded technology or spreadsheet-based equipment management poses risks, probably. One of the major issues could be the growth in stealing assets from hospitals. Healthcare asset analysis, monitoring, and reporting are all made possible through asset management systems. It is simpler to track equipment data when compliance and asset reporting are prioritized. Therefore, the importance of asset management systems is growing in healthcare.

Asset Type (Returnable Transport Assets, Electronics Assets, In-Transit Equipment)

Asset management system market from the in-transit equipment segment is set to have significant growth by generating a share of approximately 51% over the forecast period. This could be backed by its growing importance in the value chain and hence this influences the growth of the business. For instance, the timely delivery of consignments is essential for third-party logistics (3PL) organizations. Consignment delivery delays may result in lower product sales, lower profitability, and dissatisfied consumers.

Our in-depth analysis of the global asset management system market includes the following segments:

 

            Asset Type

  • Returnable Transport Assets
  • Electronics Assets
  • In-Transit Equipment

           Component

  • Solution
  • Service

            Application

  • Healthcare
  • Public Sector
  • Retail
  • Hospitality
  • Industrial Manufacturing
  • Energy Utilities
  • Aviation
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 5113
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of asset management system is estimated at USD 5.12 Billion.

The asset management system market size was over USD 4.56 Billion in 2023 and is anticipated to reach USD 25.05 Billion by 2036, witnessing around 14% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are the growing importance of asset management in the construction sector, surge in mining activities, and rise in use of asset management by government.

North America industry share is estimated to reach 34% by 2036, owing to presence of a large number of IT companies in the region.

ABB Ltd., Adobe, Brookfield Asset Management, Honeywell International Inc., IBM Corp., Oracle Corporation, Rockwell Automation, Siemens AG, WSP Global Inc., Zebra Technologies Corporation
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