Global Remote Asset Management Market Size, Share and Trends Analysis, By Solution (Predictive Asset Management, Real-Time Location, Security Management, and Others), By Service (Professional and Managed), By Industry Vertical (Healthcare, Retail and Consumer Goods, Education, Transportation and Logistics, Manufacturing, and Others), Forecast (2022-2028)

The global remote asset management market is expected to grow at a CAGR of 18.5% during the forecast period. The use of a remote asset management solution improves overall equipment efficiency, allowing for better asset control and management. Remote asset management has become popular among businesses as a way to improve asset authorization and cut organization costs. For organizations in a variety of industries, remote asset management allows for remote monitoring and maintenance of assets, machines, and systems. Owing to predictive and preventive maintenance, implementing a remote asset management solution supports businesses to improve operational efficiency.

The global remote asset management market is expected to grow significantly owing to increased demand for connected devices, increased affordability of cloud computing services, improved internet connectivity, lower component costs, and an increase in ICT expenditure by governments in several developed and developing regions, including North America, Europe, and Asia-Pacific. The global remote asset management market is segmented into solution, service, and vertical industry. The solutions are segmented into predictive asset management, real-time location, security management, and others. Professional and managed services make up the services segment. Healthcare, retail and consumer goods, education, transportation and logistics, manufacturing, and others are the industry verticals.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Solution
  • By Service
  • By Industry Vertical
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- IBM Corp.,Verizon, Inc., and Cisco Systems, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Remote Asset Management Market Report by Segment

By Solution

• Predictive Asset Management
• Real-Time Location
• Security Management
• Others

By Service

• Professional
• Managed

By Industry Vertical

• Healthcare
• Retail and Consumer Goods
• Education
• Transportation and Logistics
• Manufacturing
• Others

Global Remote Asset Management Market Report by Region.

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle-East and Africa