The global asset management systems market is anticipated to grow at a CAGR of around 10.2% during the forecast period 2020 to 2027 and to reach around US$ 34.3 Bn by 2027.
Market Dynamics
lowering the cost is resulting in rising demand for asset management system from various end use industries this is major factor expected to drive the growth of global market. Government is spending high on the development of healthcare infrastructure in order to provide advanced care to the patients. Hospitals contain large number of systems and medical equipments that are actively working in order to provide effective healthcare facility. Assent management helps in optimizing and protecting the critical inner workings of a building in order to maintain a safe, clean and well-maintained medical environment.
Business development activities by major players through acquisition and partnerships is another factor expected to support the growth of target market.
In 2020, Zebra Technologies Corporation a global technology solution provider announced that Maikubo Artificial Intelligence (AI) Academy has partnered with the company with the focus to adopt Zebra’s RFID solutions to achieve faster, more accurate asset tagging and improve the accuracy and visibility along with enhanced staff efficiency. This is expected to help the company to enhance the business presence.
In 2020, DRMP, Inc. is a privately-held, employee-owned, multi-discipline civil engineering and surveying firm adopted Zebra RFID solutions to increase asset control, security, and visibility. This is expected to help the company to enhance the customer base.
In 2020, Advantech is a manufacturer of industrial computers, industrial Motherboard,ATX Motherboard, etc. launched real-time location system (RTLS) solution-ready package (SRP) designed for real-time locating and monitoring of medical equipment, staff, and patients. This is expected to help the company to enhance the product portfolio.
In 2020, STANLEY Healthcare a global provider of innovative solutions and technology integrated its AeroScout Real-time Location System (RTLS) platform with Cisco Systems (US) Cisco DNA Spaces. The integration is expected to help the company to location and status of assets further simplifying the operations.
In 2020, SATO, a global pioneer in the development of auto-ID and labeling solutions launched ASETRA, a package system that utilizes RAIN RFID tags, QR codes and barcodes to simplify management of special tools and returnable items (RTIs). This product launch is expected to help the company to enhance the product portfolio and increase the customer base.
However, factors such as high cost of asset management system and lack of advanced infrastructure in developing countries in order to support the adoption of advanced solution are expected to hamper the growth of global market. In addition, lack of skilled engineers related to handling the technical difficulties giving heads-up during the working is expected to challenge the growth of target market.
High investment by major players and focus on providing innovative solutions is expected to create new opportunities for players operating in the target market over the forecast period. In addition, players inclination towards emerging economies in order to enhance the business is expected to support the revenue transaction of target market.
Segment Analysis by Region
The market in Asia Pacific is expected to witness faster growth in the target market due to increasing demand for assent management from manufacturers. In addition, rapid advancements in manufacturing practices and players focus on adoption of asset management as it allows them to predict future infrastructure costs, cut maintenance overheads, etc. this is expected to support the growth of target market.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Asset Management Systems Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Solution, Asset Type, Function, Industry Vertical and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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Asset Management Systems Market Segment Analysis, 2019
The global market is segmented into solution, asset type, function, and industry vertical. The solution segment is bifurcated into real-time location system, mobile computers, barcode, label, radio frequency identification, and others. Among the solution the real-time location system segment is expected to gain importance due to easy tracking of asset. The end use segment is further divided in to healthcare, public sector, retail, hospitality, industrial manufacturing, energy and utilities, and others.
The players profiled in the report are Trimble Navigation Ltd., TrackX LLC, Siemens AG, Omni-ID, Motorola Solutions Inc., Infor, Inc., Zebra Technologies Corp., GE Healthcare, Cisco Systems, Inc., and AeroScout, Inc.
Market Segmentation
Market By Solution
Real-Time Location System
Mobile Computers
Barcode
Label
Radio Frequency Identification
Others
Market By Asset Type
Manufacturing
Electronic Asset
Personnel Equipment
Returnable Transport Asset
Market By Function
Location and Movement Tracking
Repair and Maintenance
Check in/Check out Management
Market By End Use
Healthcare
Public Sector
Retail
Hospitality
Industrial Manufacturing
Energy and Utilities
Others
Market By Region
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Asset Management Systems
1.1. Definition and Scope
1.1.1. Definition of Asset Management Systems
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Asset Management Systems Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Asset Management Systems Market By Solution
1.2.3. Asset Management Systems Market By Asset Type
1.2.4. Asset Management Systems Market By Function
1.2.5. Asset Management Systems Market By Industry Vertical
1.2.6. Asset Management Systems Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Asset Management Systems Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Asset Management Systems Market
3.7. Value Chain Analysis
3.8. Regulatory Compliance
3.9. Competitive Landscape, 2019
3.9.1. Player Positioning Analysis
3.9.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Asset Management Systems Market By Solution
4.1. Introduction
4.2. Asset Management Systems Revenue By Solution
4.2.1. Asset Management Systems Revenue (US$ Mn) and Forecast, By Solution, 2016-2027
4.2.2. Real-Time Location System
4.2.2.1. Real-Time Location System Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.3. Mobile Computers
4.2.3.1. Mobile Computers Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.4. Barcode
4.2.4.1. Barcode Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.5. Label
4.2.5.1. Label Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.6. Radio Frequency Identification
4.2.6.1. Radio Frequency Identification Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
4.2.7. Others
4.2.7.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 5. Asset Management Systems Market Revenue By Asset Type
5.1. Introduction
5.2. Asset Management Systems Revenue (US$ Mn) By Asset Type
5.2.1. Asset Management Systems Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
5.2.2. Manufacturing
5.2.2.1. Manufacturing Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Electronic Asset
5.2.3.1. Electronic Asset Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4. Personnel Equipment
5.2.4.1. Personnel Equipment Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.5. Returnable Transport Asset
5.2.5.1. Returnable Transport Asset Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Asset Management Systems Market By Function
6.1. Introduction
6.2. Asset Management Systems Revenue (US$ Mn) By Function
6.2.1. Asset Management Systems Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
6.2.2. Location and Movement Tracking
6.2.2.1. Location and Movement Tracking Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Repair and Maintenance
6.2.3.1. Repair and Maintenance Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. Check in/Check out Management
6.2.4.1. Check in/Check out Management Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Asset Management Systems Market By Industry Vertical
7.1. Introduction
7.2. Asset Management Systems Revenue (US$) By Industry Vertical
7.2.1. Asset Management Systems Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
7.3. Healthcare
7.3.1. Healthcare Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.4. Public Sector
7.4.1. Public Sector Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.5. Retail
7.5.1. Retail Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.6. Hospitality
7.6.1. Hospitality Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.7. Industrial Manufacturing
7.7.1. Industrial Manufacturing Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.8. Energy and Utilities
7.8.1. Energy and Utilities Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.9. Others
7.9.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
North America Asset Management Systems Market By Country
7.10. North America Asset Management Systems Overview
7.11. U.S.
7.11.1. U.S. Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016-2027
7.11.2. U.S. Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016-2027
7.11.3. U.S. Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016-2027
7.11.4. U.S. Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016-2027
7.12. Canada
7.12.1. Canada Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016-2027
7.12.2. Canada Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016-2027
7.12.3. Canada Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016-2027
7.12.4. Canada Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016-2027
7.13. North America PEST Analysis
CHAPTER 8. Europe Asset Management Systems Market By Country
8.1. Europe Asset Management Systems Market Overview
8.2. U.K.
8.2.1. U.K. Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016-2027
8.2.2. U.K. Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016-2027
8.2.3. U.K. Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016-2027
8.2.4. U.K. Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016-2027
8.3. Germany
8.3.1. Germany Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016-2027
8.3.2. Germany Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016-2027
8.3.3. Germany Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016-2027
8.3.4. Germany Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016-2027
8.4. France
8.4.1. France Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016-2027
8.4.2. France Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016-2027
8.4.3. France Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016-2027
8.4.4. France Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016-2027
8.5. Spain
8.5.1. Spain Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016-2027
8.5.2. Spain Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016-2027
8.5.3. Spain Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016-2027
8.5.4. Spain Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016-2027
8.6. Rest of Europe
8.6.1. Rest of Europe Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016-2027
8.6.2. Rest of Europe Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016-2027
8.6.3. Rest of Europe Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016-2027
8.6.4. Rest of Europe Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016-2027
8.7. Europe PEST Analysis
CHAPTER 9. Asia Pacific Asset Management Systems Market By Country
9.1. Asia Pacific Asset Management Systems Market Overview
9.2. China
9.2.1. China Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
9.2.2. China Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
9.2.3. China Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
9.2.4. China Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
9.3. Japan
9.3.1. Japan Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
9.3.2. Japan Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
9.3.3. Japan Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
9.3.4. Japan Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
9.4. India
9.4.1. India Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
9.4.2. India Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
9.4.3. India Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
9.4.4. India Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
9.5. Australia
9.5.1. Australia Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
9.5.2. Australia Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
9.5.3. Australia Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
9.5.4. Australia Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
9.6. South Korea
9.6.1. South Korea Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
9.6.2. South Korea Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
9.6.3. South Korea Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
9.6.4. South Korea Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
9.7. Rest of Asia-Pacific
9.7.1. Rest of Asia-Pacific Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
9.7.2. Rest of Asia-Pacific Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
9.7.3. Rest of Asia-Pacific Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
9.7.4. Rest of Asia-Pacific Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
9.8. Asia Pacific PEST Analysis
CHAPTER 10. Latin America Asset Management Systems Market By Country
10.1. Latin America Asset Management Systems Market Overview
10.2. Brazil
10.2.1. Brazil Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
10.2.2. Brazil Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
10.2.3. Brazil Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
10.2.4. Brazil Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
10.3. Mexico
10.3.1. Mexico Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
10.3.2. Mexico Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
10.3.3. Mexico Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
10.3.4. Mexico Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
10.4. Rest of Latin America
10.4.1. Rest of Latin America Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
10.4.2. Rest of Latin America Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
10.4.3. Rest of Latin America Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
10.4.4. Rest of Latin America Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
CHAPTER 11. Middle East & Africa Asset Management Systems Market By Country
11.1. Middle East & Africa Asset Management Systems Market Overview
11.2. Saudi Arabia
11.2.1. Saudi Arabia Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
11.2.2. Saudi Arabia Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
11.2.3. Saudi Arabia Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
11.2.4. Saudi Arabia Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
11.3. UAE
11.3.1. UAE Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
11.3.2. UAE Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
11.3.3. UAE Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
11.3.4. UAE Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
11.4. Rest of Middle East & Africa
11.4.1. Rest of Middle East & Africa Asset Management Systems Market Revenue (US$ Mn) and Forecast By Solution, 2016 - 2027
11.4.2. Rest of Middle East & Africa Asset Management Systems Market Revenue (US$ Mn) and Forecast By Asset Type, 2016 - 2027
11.4.3. Rest of Middle East & Africa Asset Management Systems Market Revenue (US$ Mn) and Forecast By Function, 2016 - 2027
11.4.4. Rest of Middle East & Africa Asset Management Systems Market Revenue (US$ Mn) and Forecast By Industry Vertical, 2016 - 2027
CHAPTER 12. PLAYER ANALYSIS OF STROKE MANAGEMENT
12.1. Asset Management Systems Market Company Share Analysis
12.2. Mergers And Acquisition In Global Asset Management Systems Market
CHAPTER 13. COMPANY PROFILE
13.1. Trimble Navigation Ltd.
13.1.1. Company Snapshot
13.1.2. Business Overview
13.1.3. Financial Overview
13.1.3.1. Revenue (US$ Mn), 2019
13.1.3.2. PSC Biotech 2019 Asset Management Systems Business Regional Distribution
13.1.4. Product/ Service and Specification
13.1.5. Manufacturing Plant Footprint Analysis
13.2. TrackX LLC
13.3. Siemens AG
13.4. Omni-ID
13.5. Motorola Solutions Inc.
13.6. Infor, Inc.
13.7. Zebra Technologies Corp.
13.8. GE Healthcare
13.9. Cisco Systems, Inc.
13.10. AeroScout, Inc
13.11. Others
