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Remote Asset Management-Global Market Insights and Sales Trends 2025
Synopsis
Remote Asset Management provides remote monitoring and maintenance of assets. Remote asset management, which involves a remote server designed to receive and process incoming data from fixed or mobile communications devices wherein the data is related to specific remote asset management applications. Remote asset management aids in assettracking, monitoring and managing organization’s asset in real-time for effective utilization, predictive maintenance, and cost-effective operation resulting in better returns. Remote asset management gathers information related to assets from sensors applied to devices. Remote asset managementincludes sensors and microprocessors fixed in the remote asset and a communications component that collects and transfers data to central management systems.
The global Remote Asset Management market size is expected to reach US$ 33810 million by 2029, growing at a CAGR of 14.2% from 2023 to 2029. The market is mainly driven by the significant applications of Remote Asset Management in various end use industries. The expanding demands from the Building automation, Remote healthcare and wellness, Smart retail and Utilities and smart grids, are propelling Remote Asset Management market. Solution, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Platform segment is estimated at % CAGR for the next seven-year period.
As per the geographic analysis, North America is likely to benefit from its technological advancements followed by robust internet infrastructure, widespread adoption of new technology, and the presence of strong domestic solution providers. This all have contributed towards the shift to smart infrastructure from conventional infrastructure. The need for better operational efficiency and business process at a low operating cost is expected to drive continuous growth in the remote asset management market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Remote Asset Management, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Remote Asset Management market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Remote Asset Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Remote Asset Management sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Remote Asset Management covered in this report include ABB, General Electric, PTC, Robert Bosch, Rockwell Automation, Schneider Electric, Cisco, Hitachi and Infosys, etc.
The global Remote Asset Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
General Electric
PTC
Robert Bosch
Rockwell Automation
Schneider Electric
Cisco
Hitachi
Infosys
IBM
SAP
Verizon Communications
Siemens
Global Remote Asset Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Remote Asset Management market, Segment by Type:
Solution
Platform
Service
Global Remote Asset Management market, by Application
Building automation
Remote healthcare and wellness
Smart retail
Utilities and smart grids
Production monitoring
Connected logistics and fleet management
Connected agriculture
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Remote Asset Management companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Remote Asset Management provides remote monitoring and maintenance of assets. Remote asset management, which involves a remote server designed to receive and process incoming data from fixed or mobile communications devices wherein the data is related to specific remote asset management applications. Remote asset management aids in assettracking, monitoring and managing organization’s asset in real-time for effective utilization, predictive maintenance, and cost-effective operation resulting in better returns. Remote asset management gathers information related to assets from sensors applied to devices. Remote asset managementincludes sensors and microprocessors fixed in the remote asset and a communications component that collects and transfers data to central management systems.
The global Remote Asset Management market size is expected to reach US$ 33810 million by 2029, growing at a CAGR of 14.2% from 2023 to 2029. The market is mainly driven by the significant applications of Remote Asset Management in various end use industries. The expanding demands from the Building automation, Remote healthcare and wellness, Smart retail and Utilities and smart grids, are propelling Remote Asset Management market. Solution, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Platform segment is estimated at % CAGR for the next seven-year period.
As per the geographic analysis, North America is likely to benefit from its technological advancements followed by robust internet infrastructure, widespread adoption of new technology, and the presence of strong domestic solution providers. This all have contributed towards the shift to smart infrastructure from conventional infrastructure. The need for better operational efficiency and business process at a low operating cost is expected to drive continuous growth in the remote asset management market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Remote Asset Management, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Remote Asset Management market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Remote Asset Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Remote Asset Management sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Remote Asset Management covered in this report include ABB, General Electric, PTC, Robert Bosch, Rockwell Automation, Schneider Electric, Cisco, Hitachi and Infosys, etc.
The global Remote Asset Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
General Electric
PTC
Robert Bosch
Rockwell Automation
Schneider Electric
Cisco
Hitachi
Infosys
IBM
SAP
Verizon Communications
Siemens
Global Remote Asset Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Remote Asset Management market, Segment by Type:
Solution
Platform
Service
Global Remote Asset Management market, by Application
Building automation
Remote healthcare and wellness
Smart retail
Utilities and smart grids
Production monitoring
Connected logistics and fleet management
Connected agriculture
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Remote Asset Management companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Remote Asset Management
1.1 Remote Asset Management Market Overview
1.1.1 Remote Asset Management Product Scope
1.1.2 Remote Asset Management Market Status and Outlook
1.2 Global Remote Asset Management Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Remote Asset Management Market Size by Region (2018-2029)
1.4 Global Remote Asset Management Historic Market Size by Region (2018-2023)
1.5 Global Remote Asset Management Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Remote Asset Management Market Size (2018-2029)
1.6.1 North America Remote Asset Management Market Size (2018-2029)
1.6.2 Europe Remote Asset Management Market Size (2018-2029)
1.6.3 Asia-Pacific Remote Asset Management Market Size (2018-2029)
1.6.4 Latin America Remote Asset Management Market Size (2018-2029)
1.6.5 Middle East & Africa Remote Asset Management Market Size (2018-2029)
2 Remote Asset Management Market by Type
2.1 Introduction
2.1.1 Solution
2.1.2 Platform
2.1.3 Service
2.2 Global Remote Asset Management Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Remote Asset Management Historic Market Size by Type (2018-2023)
2.2.2 Global Remote Asset Management Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Remote Asset Management Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Remote Asset Management Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Remote Asset Management Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Remote Asset Management Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Remote Asset Management Revenue Breakdown by Type (2018-2029)
3 Remote Asset Management Market Overview by Application
3.1 Introduction
3.1.1 Building automation
3.1.2 Remote healthcare and wellness
3.1.3 Smart retail
3.1.4 Utilities and smart grids
3.1.5 Production monitoring
3.1.6 Connected logistics and fleet management
3.1.7 Connected agriculture
3.1.8 Others
3.2 Global Remote Asset Management Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Remote Asset Management Historic Market Size by Application (2018-2023)
3.2.2 Global Remote Asset Management Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Remote Asset Management Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Remote Asset Management Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Remote Asset Management Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Remote Asset Management Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Remote Asset Management Revenue Breakdown by Application (2018-2029)
4 Remote Asset Management Competition Analysis by Players
4.1 Global Remote Asset Management Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Remote Asset Management as of 2022)
4.3 Date of Key Players Enter into Remote Asset Management Market
4.4 Global Top Players Remote Asset Management Headquarters and Area Served
4.5 Key Players Remote Asset Management Product Solution and Service
4.6 Competitive Status
4.6.1 Remote Asset Management Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB
5.1.1 ABB Profile
5.1.2 ABB Main Business
5.1.3 ABB Remote Asset Management Products, Services and Solutions
5.1.4 ABB Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Recent Developments
5.2 General Electric
5.2.1 General Electric Profile
5.2.2 General Electric Main Business
5.2.3 General Electric Remote Asset Management Products, Services and Solutions
5.2.4 General Electric Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.2.5 General Electric Recent Developments
5.3 PTC
5.3.1 PTC Profile
5.3.2 PTC Main Business
5.3.3 PTC Remote Asset Management Products, Services and Solutions
5.3.4 PTC Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.3.5 Robert Bosch Recent Developments
5.4 Robert Bosch
5.4.1 Robert Bosch Profile
5.4.2 Robert Bosch Main Business
5.4.3 Robert Bosch Remote Asset Management Products, Services and Solutions
5.4.4 Robert Bosch Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.4.5 Robert Bosch Recent Developments
5.5 Rockwell Automation
5.5.1 Rockwell Automation Profile
5.5.2 Rockwell Automation Main Business
5.5.3 Rockwell Automation Remote Asset Management Products, Services and Solutions
5.5.4 Rockwell Automation Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.5.5 Rockwell Automation Recent Developments
5.6 Schneider Electric
5.6.1 Schneider Electric Profile
5.6.2 Schneider Electric Main Business
5.6.3 Schneider Electric Remote Asset Management Products, Services and Solutions
5.6.4 Schneider Electric Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.6.5 Schneider Electric Recent Developments
5.7 Cisco
5.7.1 Cisco Profile
5.7.2 Cisco Main Business
5.7.3 Cisco Remote Asset Management Products, Services and Solutions
5.7.4 Cisco Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.7.5 Cisco Recent Developments
5.8 Hitachi
5.8.1 Hitachi Profile
5.8.2 Hitachi Main Business
5.8.3 Hitachi Remote Asset Management Products, Services and Solutions
5.8.4 Hitachi Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.8.5 Hitachi Recent Developments
5.9 Infosys
5.9.1 Infosys Profile
5.9.2 Infosys Main Business
5.9.3 Infosys Remote Asset Management Products, Services and Solutions
5.9.4 Infosys Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.9.5 Infosys Recent Developments
5.10 IBM
5.10.1 IBM Profile
5.10.2 IBM Main Business
5.10.3 IBM Remote Asset Management Products, Services and Solutions
5.10.4 IBM Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.10.5 IBM Recent Developments
5.11 SAP
5.11.1 SAP Profile
5.11.2 SAP Main Business
5.11.3 SAP Remote Asset Management Products, Services and Solutions
5.11.4 SAP Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.11.5 SAP Recent Developments
5.12 Verizon Communications
5.12.1 Verizon Communications Profile
5.12.2 Verizon Communications Main Business
5.12.3 Verizon Communications Remote Asset Management Products, Services and Solutions
5.12.4 Verizon Communications Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.12.5 Verizon Communications Recent Developments
5.13 Siemens
5.13.1 Siemens Profile
5.13.2 Siemens Main Business
5.13.3 Siemens Remote Asset Management Products, Services and Solutions
5.13.4 Siemens Remote Asset Management Revenue (US$ Million) & (2018-2023)
5.13.5 Siemens Recent Developments
6 North America
6.1 North America Remote Asset Management Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Remote Asset Management Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Remote Asset Management Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Remote Asset Management Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Remote Asset Management Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Remote Asset Management Market Dynamics
11.1 Remote Asset Management Industry Trends
11.2 Remote Asset Management Market Drivers
11.3 Remote Asset Management Market Challenges
11.4 Remote Asset Management Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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