Asset Management System Market by GPS, RFID, RTLS, Barcode, Electronic Assets, Returnable Transport Assets, In-transit Equipment, Manufacturing Assets, retail, healthcare, Industrial Manufacturing and Process Industries - Global Forecast to 2030
The asset management system market is expected to grow from USD 17.64 billion in 2025 to USD 26.41 billion in 2030, at a CAGR of 8.4% during the forecast period.
The major drivers contributing to the market growth are increasing demand for automation, cost efficiency, digital transformation, and real-time tracking across diverse industries such as healthcare, transportation and logistics, retail, and industrial manufacturing.
RFID technology is expected to grow at the second-highest CAGR during the forecast period
RFID technology is expected to be the second most significant CAGR contributor in the asset management system market during the forecast period. The reason behind the growing adoption of RFID technology is the fact that it helps in asset tracking, inventory management, and operational efficiency across different end-user industries such as retail, healthcare, and manufacturing. RFID systems also increase asset visibility by providing real-time monitoring, reducing human errors in various industries like logistics, manufacturing, retail, and healthcare. Moreover, RFID technology can automatically identify and track tags attached to assets via radio waves. This enhances the precision and speed of data, allowing businesses to manage voluminous assets easily. RFID tags are also known for their ability to work in robust environmental conditions and can be used in warehouses, supply chains, and hospitals. The growth of RFID technology is further fueled by increasing demand for automation and digitalization among end-users for asset management systems, offering scope to improve productivity, reduce cost, and optimize the life cycle management of assets. Increased investment in smart systems and technology upgrades will continue to push the RFID segment toward further growth in the coming years.
The healthcare end-user segment is expected to grow at the highest CAGR during the forecast period
The healthcare end-user segment is expected to record the highest CAGR in the asset management system market during the forecast period. This is mainly because of the increasing need to maintain effective tracking and management of medical equipment, patient records, and pharmaceutical inventories in a highly regulated environment. With the extreme importance of precision and adherence to healthcare operations, asset management systems provide viable solutions that help maximize the efficiency of these operations and extend the safety of patients and equipment. For example, RFID and IoT-enabled technologies have been used substantially in healthcare for high-value medical asset management, such as medical diagnostic equipment and surgical tools. These technologies have also become very important in managing pharmacy inventory, which helps healthcare solution providers avoid stockouts by ensuring that critical medications are available. Furthermore, the increasing adoption of digital healthcare technologies, such as EHRs and telemedicine, ongoing investments in healthcare infrastructure, and government initiatives to modernize medical facilities further fuel the demand for advanced asset management solutions.
North America expected to hold the largest market share during the forecast period
North America is projected to hold the largest share of the asset management system market due to the high penetration of advanced technologies, strong investment in research and development, and well-established infrastructure. The primary reason for the market growth in the region includes the rising demand for effective tracking, monitoring, and optimization of assets in various sectors like manufacturing, healthcare, logistics, and retail. North America leads in adopting advanced technologies such as IoT, RFID, and AI-enabled systems, which has paved the way for developing innovative solutions that support the rising demand for automation and efficiency in operations. Retail, defense, and healthcare end-users have led the adoption of asset management systems to boost inventory management, resource utilization, and cost control. Moreover, the growth in the region is further driven by the presence of leading market players and solution providers; these players promote innovation and facilitate large-scale implementations of asset management systems. As a result of growing interest in cloud-based solutions and Industry 4.0 practices, North America is expected to lead the asset management system market during the forecast period.
Breakdown of Primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the profile of primary participants in the asset management system market:
Research Coverage
The report segments the asset management system market and forecasts its size by Technology, Asset Type, Function, Offering, Deployment Type, Organization Size, End User, and region. It also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth and covers qualitative and quantitative aspects of the market.
Reasons to buy the report:
The report will help market leaders and new entrants with information on the closest approximate revenues for the overall asset management system market and related segments. It will also help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
The major drivers contributing to the market growth are increasing demand for automation, cost efficiency, digital transformation, and real-time tracking across diverse industries such as healthcare, transportation and logistics, retail, and industrial manufacturing.
RFID technology is expected to grow at the second-highest CAGR during the forecast period
RFID technology is expected to be the second most significant CAGR contributor in the asset management system market during the forecast period. The reason behind the growing adoption of RFID technology is the fact that it helps in asset tracking, inventory management, and operational efficiency across different end-user industries such as retail, healthcare, and manufacturing. RFID systems also increase asset visibility by providing real-time monitoring, reducing human errors in various industries like logistics, manufacturing, retail, and healthcare. Moreover, RFID technology can automatically identify and track tags attached to assets via radio waves. This enhances the precision and speed of data, allowing businesses to manage voluminous assets easily. RFID tags are also known for their ability to work in robust environmental conditions and can be used in warehouses, supply chains, and hospitals. The growth of RFID technology is further fueled by increasing demand for automation and digitalization among end-users for asset management systems, offering scope to improve productivity, reduce cost, and optimize the life cycle management of assets. Increased investment in smart systems and technology upgrades will continue to push the RFID segment toward further growth in the coming years.
The healthcare end-user segment is expected to grow at the highest CAGR during the forecast period
The healthcare end-user segment is expected to record the highest CAGR in the asset management system market during the forecast period. This is mainly because of the increasing need to maintain effective tracking and management of medical equipment, patient records, and pharmaceutical inventories in a highly regulated environment. With the extreme importance of precision and adherence to healthcare operations, asset management systems provide viable solutions that help maximize the efficiency of these operations and extend the safety of patients and equipment. For example, RFID and IoT-enabled technologies have been used substantially in healthcare for high-value medical asset management, such as medical diagnostic equipment and surgical tools. These technologies have also become very important in managing pharmacy inventory, which helps healthcare solution providers avoid stockouts by ensuring that critical medications are available. Furthermore, the increasing adoption of digital healthcare technologies, such as EHRs and telemedicine, ongoing investments in healthcare infrastructure, and government initiatives to modernize medical facilities further fuel the demand for advanced asset management solutions.
North America expected to hold the largest market share during the forecast period
North America is projected to hold the largest share of the asset management system market due to the high penetration of advanced technologies, strong investment in research and development, and well-established infrastructure. The primary reason for the market growth in the region includes the rising demand for effective tracking, monitoring, and optimization of assets in various sectors like manufacturing, healthcare, logistics, and retail. North America leads in adopting advanced technologies such as IoT, RFID, and AI-enabled systems, which has paved the way for developing innovative solutions that support the rising demand for automation and efficiency in operations. Retail, defense, and healthcare end-users have led the adoption of asset management systems to boost inventory management, resource utilization, and cost control. Moreover, the growth in the region is further driven by the presence of leading market players and solution providers; these players promote innovation and facilitate large-scale implementations of asset management systems. As a result of growing interest in cloud-based solutions and Industry 4.0 practices, North America is expected to lead the asset management system market during the forecast period.
Breakdown of Primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the profile of primary participants in the asset management system market:
- By Company Type: Tier 1 – 25%, Tier 2 – 35%, Tier 3 – 40%
- By Designation Type: C Level – 40%, Director Level – 30%, Others – 30%
- By Region Type: North America – 40%, Europe – 25%, Asia Pacific – 20%, Rest of the World – 15%
Research Coverage
The report segments the asset management system market and forecasts its size by Technology, Asset Type, Function, Offering, Deployment Type, Organization Size, End User, and region. It also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth and covers qualitative and quantitative aspects of the market.
Reasons to buy the report:
The report will help market leaders and new entrants with information on the closest approximate revenues for the overall asset management system market and related segments. It will also help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Growing adoption of GPS tracking devices and advancements in IoT and AI), restraints (High initial cost of asset management systems, Data security concerns), opportunities (Increase in demand for image-based barcode readers, standardization and advancements in automation provide growth opportunities), and challenges (Measuring and achieving tangible returns on AMS investments, challenges in balancing accuracy, range, and power consumption in RTLS tags).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new solution and service launches in the asset management system market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the asset management system market across varied regions.
- Market Diversification: Exhaustive information about new solutions and services, untapped geographies, recent developments, and investments in the asset management system market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and solution and service offerings of leading players, including Zebra Technologies Corp. (US), Honeywell International, Inc. (US), Siemens AG (Germany), Trimble Inc. (US), and Motorola Solutions (US).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of primary interview participants
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side)
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to arrive at market size using top-down analysis
(supply side)
2.3 FACTOR ANALYSIS
2.3.1 DEMAND-SIDE ANALYSIS
2.3.2 SUPPLY-SIDE ANALYSIS
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RISK ANALYSIS
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ASSET MANAGEMENT SYSTEM MARKET
4.2 ASSET MANAGEMENT SYSTEM MARKET, BY OFFERING
4.3 ASSET MANAGEMENT SYSTEM MARKET, BY ASSET TYPE
4.4 ASSET MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY
4.5 ASSET MANAGEMENT SYSTEM MARKET, BY FUNCTION
4.6 ASSET MANAGEMENT SYSTEM MARKET, BY ORGANIZATION SIZE
4.7 ASSET MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT TYPE
4.8 ASSET MANAGEMENT SYSTEM MARKET, BY END USER
4.9 ASSET MANAGEMENT SYSTEM MARKET, BY REGION
4.10 ASSET MANAGEMENT SYSTEM MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 High adoption of GPS tracking devices
5.2.1.2 Rapid advances in IoT and AI technologies
5.2.1.3 Government initiatives to improve supply chain transparency
5.2.2 RESTRAINTS
5.2.2.1 High installation and ownership costs
5.2.2.2 Data security concerns
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing demand for image-based barcode readers
5.2.3.2 Rising emphasis on process automation and standardization
5.2.4 CHALLENGES
5.2.4.1 Complexities associated with tracking return on investments
5.2.4.2 Difficulty in achieving real-time accuracy in dense environments
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE TREND OF ASSET MANAGEMENT PRODUCTS
(RFID HARDWARE) OFFERED BY KEY PLAYERS, 2021–2024
5.4.2 AVERAGE SELLING PRICE TREND OF ASSET MANAGEMENT PRODUCTS
(RFID HARDWARE), BY REGION, 2021–2024
5.5 VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Cloud-based asset management systems
5.7.1.2 Metadata management solutions
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 IoT
5.7.2.2 Augmented reality/Virtual reality
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Big data and data management platforms
5.7.3.2 Blockchain
5.8 PATENT ANALYSIS
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO (HS CODE 8471)
5.9.2 EXPORT SCENARIO (HS CODE 8471)
5.10 KEY CONFERENCES AND EVENTS, 2025–2026
5.11 CASE STUDY ANALYSIS
5.11.1 SAIPEM OPTIMIZES TRACKING INDUSTRIAL ASSETS USING HID GLOBAL’S EXO RAIN RFID TAGS
5.11.2 ETAM GROUP ADOPTS RFID TECHNOLOGY TO REVOLUTIONIZE CONSUMER EXPERIENCE AND BOOST SUSTAINABILITY
5.11.3 MICHIGAN HOSPITAL OPTIMIZES MEDICAL ASSET MANAGEMENT BY ADOPTING CONVERGINT’S RTLS ASSET TRACKING & MANAGEMENT SYSTEMS
5.12 INVESTMENT AND FUNDING SCENARIO
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREATS OF NEW ENTRANTS
5.14.2 THREATS OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDER IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 IMPACT OF AI/GEN AI ON ASSET MANAGEMENT SYSTEM MARKET
6 ASSET MANAGEMENT SYSTEM MARKET, BY OFFERING
6.1 INTRODUCTION
6.2 HARDWARE
6.2.1 TAGS
6.2.1.1 Rising focus of retailers on streamlining stock management and preventing theft to boost demand
6.2.2 READERS
6.2.2.1 Increasing need to scan and update inventory more quickly and accurately to drive adoption
6.2.3 OTHER HARDWARE
6.3 SOFTWARE/PLATFORM
6.3.1 EVOLVING SUPPLY CHAINS AND INVENTORY MANAGEMENT NEEDS TO ACCELERATE DEMAND
6.4 SERVICES
6.4.1 RISING DEMAND FOR EFFICIENT AND OPTIMIZED ASSET MANAGEMENT SYSTEMS TO SUPPORT SEGMENTAL GROWTH
6.4.2 PROFESSIONAL SERVICES
6.4.3 MANAGED SERVICES
7 ASSET MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 RFID
7.2.1 SURGING USE OF RFID TO PREVENT THEFT AND ENHANCE INVENTORY MANAGEMENT TO DRIVE MARKET
7.3 WI-FI
7.3.1 GROWING REQUIREMENT FOR COST-EFFECTIVE AND SECURE WIRELESS SOLUTIONS TO PROPEL SEGMENTAL GROWTH
7.4 UWB
7.4.1 INCREASING FOCUS OF LOGISTICS COMPANIES ON ASSET VISIBILITY TO FUEL MARKET GROWTH
7.5 BARCODE
7.5.1 AFFORDABILITY, EASE OF IMPLEMENTATION, AND COMPATIBILITY FEATURES TO DRIVE ADOPTION
7.6 OTHER TECHNOLOGIES
8 ASSET MANAGEMENT SYSTEM MARKET, BY ORGANIZATION SIZE
8.1 INTRODUCTION
8.2 SMALL AND MEDIUM-SIZED ENTERPRISES
8.2.1 NEED TO AVOID OVERSTOCKING OR STOCKOUTS TO BOOST DEMAND
8.3 LARGE ENTERPRISES
8.3.1 NECESSITY TO OPTIMIZE ASSET UTILIZATION AND REDUCE DOWNTIME TO ACCELERATE DEMAND
9 ASSET MANAGEMENT SYSTEM MARKET, BY FUNCTION
9.1 INTRODUCTION
9.2 LOCATION & MOVEMENT TRACKING
9.2.1 RISING ADOPTION OF INDUSTRY 4.0 SOLUTIONS TO FUEL SEGMENTAL GROWTH
9.3 CHECK-IN/CHECK-OUT
9.3.1 GROWING FOCUS OF INDUSTRY PLAYERS ON OPTIMIZING INVENTORY MANAGEMENT AND IMPROVING PROCESS EFFICIENCY TO BOOST DEMAND
9.4 REPAIR & MAINTENANCE
9.4.1 INCREASING NEED FOR SPECIALIZED EXPERTISE TO MANAGE COMPLEX HIGH-VALUE ASSETS TO FOSTER SEGMENTAL GROWTH
9.5 OTHER FUNCTIONS
10 ASSET MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT TYPE
10.1 INTRODUCTION
10.2 CLOUD-BASED
10.2.1 SCALABILITY, EASE OF USE, AND COST-EFFECTIVENESS FEATURES TO DRIVE DEMAND
10.3 ON-PREMISES
10.3.1 RISING NEED FOR PREVENTATIVE MAINTENANCE TO BOOST DEMAND
11 ASSET MANAGEMENT SYSTEM MARKET, BY ASSET TYPE
11.1 INTRODUCTION
11.2 ELECTRONIC ASSETS
11.2.1 INCREASING USE OF AUTOMATION TO MANAGE ELECTRONIC DEVICES TO PROPEL MARKET
11.3 RETURNABLE TRANSPORT ASSETS
11.3.1 GROWING FOCUS ON IMPROVING SUPPLY CHAIN VISIBILITY TO ACCELERATE DEMAND
11.4 IN-TRANSIT EQUIPMENT
11.4.1 PRESSING NEED FOR REAL-TIME VISIBILITY AND CONTROL OVER ASSETS DURING TRANSPORTATION TO PROPEL MARKET
11.5 MANUFACTURING ASSETS
11.5.1 RISING DEMAND FOR PREDICTIVE AND PREVENTIVE MAINTENANCE TO DRIVE MARKET
11.6 OTHER ASSET TYPES
12 ASSET MANAGEMENT SYSTEM MARKET, BY END USER
12.1 INTRODUCTION
12.2 RETAIL
12.2.1 RISING DEMAND FOR EFFICIENT INVENTORY MANAGEMENT TO DRIVE MARKET
12.3 HEALTHCARE
12.3.1 ELEVATING NEED FOR REAL-TIME VISIBILITY INTO ASSET LOCATION AND STATUS TO FUEL ADOPTION
12.4 AGRICULTURE
12.4.1 GOVERNMENT REGULATIONS ABOUT LIVESTOCK MANAGEMENT AND ENVIRONMENTAL MONITORING TO SUPPORT MARKET GROWTH
12.5 TRANSPORTATION & LOGISTICS
12.5.1 ESCALATING DEMAND FOR ACCURATE TRACKING OF VEHICLES AND GOODS IN REAL TIME TO CONTRIBUTE TO MARKET GROWTH
12.6 INDUSTRIAL MANUFACTURING
12.6.1 RISE IN DEMAND FOR REAL-TIME INSIGHTS AND PREDICTIVE MAINTENANCE TO FUEL MARKET GROWTH
12.6.2 AUTOMOTIVE
12.6.3 AEROSPACE
12.6.4 OTHERS
12.7 PROCESS INDUSTRIES
12.7.1 RISING ADOPTION OF DIGITAL TECHNOLOGIES BY INDUSTRY PLAYERS TO PROPEL MARKET
12.7.2 OIL & GAS
12.7.3 ENERGY & POWER
12.7.4 CHEMICALS
12.7.5 MINING
12.8 OTHER END USERS
13 ASSET MANAGEMENT SYSTEM MARKET, BY REGION
13.1 INTRODUCTION
13.2 NORTH AMERICA
13.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
13.2.2 US
13.2.2.1 Increasing adoption of IoT and AI to drive market
13.2.3 CANADA
13.2.3.1 Growing focus on predictive maintenance to propel market
13.2.4 MEXICO
13.2.4.1 Rising adoption of digital technologies to fuel market growth
13.3 EUROPE
13.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
13.3.2 UK
13.3.2.1 Growing demand for accurate and real-time tracking of high-value assets to drive market
13.3.3 GERMANY
13.3.3.1 Rising focus on optimum utilization of physical assets to foster market growth
13.3.4 FRANCE
13.3.4.1 Growing importance to optimize operations and meet regulatory requirements to drive market
13.3.5 ITALY
13.3.5.1 Sustainability and waste management initiatives to accelerate demand
13.3.6 RUSSIA
13.3.6.1 Government-backed infrastructure modernization projects to stimulate market growth
13.3.7 REST OF EUROPE
13.4 ASIA PACIFIC
13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
13.4.2 JAPAN
13.4.2.1 Government initiatives promoting digital transformation and smart infrastructure development to boost demand
13.4.3 CHINA
13.4.3.1 Significant focus on smart city initiatives to drive market
13.4.4 INDIA
13.4.4.1 Growing adoption of digital technologies to enhance productivity to fuel market growth
13.4.5 SOUTH KOREA
13.4.5.1 Surging adoption of smart manufacturing to create opportunities
13.4.6 AUSTRALIA & NEW ZEALAND
13.4.6.1 Increasing importance of livestock management to drive market
13.4.7 REST OF ASIA PACIFIC
13.5 ROW
13.5.1 MACROECONOMIC OUTLOOK FOR ROW
13.5.2 MIDDLE EAST & AFRICA
13.5.2.1 Increasing focus on urbanization and industrial diversification to drive demand
13.5.2.2 GCC
13.5.2.3 Africa & Rest of Middle East
13.5.3 SOUTH AMERICA
13.5.3.1 Growing adoption of e-commerce platforms to drive market
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
14.3 REVENUE ANALYSIS, 2019–2023
14.4 MARKET SHARE ANALYSIS, 2024
14.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
14.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
14.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
14.6.5.1 Company footprint
14.6.5.2 Region footprint
14.6.5.3 Offering footprint
14.6.5.4 Function footprint
14.6.5.5 Asset type footprint
14.6.5.6 Technology footprint
14.6.5.7 End user footprint
14.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
14.7.1 PROGRESSIVE COMPANIES
14.7.2 RESPONSIVE COMPANIES
14.7.3 DYNAMIC COMPANIES
14.7.4 STARTING BLOCKS
14.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
14.7.5.1 List of startups/SMEs
14.7.5.2 Competitive benchmarking of startups/SMEs
14.8 BRAND/PRODUCT COMPARISON
14.9 COMPETITIVE SCENARIO
14.9.1 PRODUCT LAUNCHES/ENHANCEMENTS
14.9.2 DEALS
15 COMPANY PROFILES
15.1 INTRODUCTION
15.2 KEY PLAYERS
15.2.1 AVERY DENNISON CORPORATION
15.2.1.1 Business overview
15.2.1.2 Products/Solutions/Services offered
15.2.1.3 Recent developments
15.2.1.3.1 Product launches/Enhancements
15.2.1.3.2 Deals
15.2.1.4 MnM view
15.2.1.4.1 Key strengths/Right to win
15.2.1.4.2 Strategic choices
15.2.1.4.3 Weaknesses and competitive threats
15.2.2 ZEBRA TECHNOLOGIES CORP.
15.2.2.1 Business overview
15.2.2.2 Products/Solutions/Services offered
15.2.2.3 Recent developments
15.2.2.3.1 Product launches/Enhancements
15.2.2.3.2 Deals
15.2.2.4 MnM view
15.2.2.4.1 Key strengths/Right to win
15.2.2.4.2 Strategic choices
15.2.2.4.3 Weaknesses and competitive threats
15.2.3 HONEYWELL INTERNATIONAL INC.
15.2.3.1 Business overview
15.2.3.2 Products/Solutions/Services offered
15.2.3.3 Recent developments
15.2.3.3.1 Product launches/Enhancements
15.2.3.3.2 Deals
15.2.3.4 MnM view
15.2.3.4.1 Key strengths/Right to win
15.2.3.4.2 Strategic choices
15.2.3.4.3 Weaknesses and competitive threats
15.2.4 SECURITAS TECHNOLOGY
15.2.4.1 Business overview
15.2.4.2 Products/Solutions/Services offered
15.2.4.3 Recent developments
15.2.4.3.1 Deals
15.2.4.4 MnM view
15.2.4.4.1 Key strengths/Right to win
15.2.4.4.2 Strategic choices
15.2.4.4.3 Weaknesses and competitive threats
15.2.5 HID GLOBAL CORPORATION
15.2.5.1 Business overview
15.2.5.2 Products/Solutions/Services offered
15.2.5.3 Recent developments
15.2.5.3.1 Product launches/Enhancements
15.2.5.3.2 Deals
15.2.5.4 MnM view
15.2.5.4.1 Key strengths/Right to win
15.2.5.4.2 Strategic choices
15.2.5.4.3 Weaknesses and competitive threats
15.2.6 SIEMENS AG
15.2.6.1 Business overview
15.2.6.2 Products/Solutions/Services offered
15.2.6.3 Recent developments
15.2.6.3.1 Product launches/Enhancements
15.2.7 TRIMBLE INC.
15.2.7.1 Business overview
15.2.7.2 Products/Solutions/Services offered
15.2.7.3 Recent developments
15.2.7.3.1 Product launches/Enhancements
15.2.7.3.2 Deals
15.2.7.4 MnM view
15.2.7.4.1 Key strengths/Right to win
15.2.7.4.2 Strategic choices
15.2.7.4.3 Weaknesses and competitive threats
15.2.8 MOTOROLA SOLUTIONS, INC.
15.2.8.1 Business overview
15.2.8.2 Products/Solutions/Services offered
15.2.8.3 Recent developments
15.2.8.3.1 Product launches/Enhancements
15.2.8.3.2 Deals
15.2.9 TRACKX TECHNOLOGY, INC.
15.2.9.1 Business overview
15.2.9.2 Products/Solutions/Services offered
15.2.9.3 Recent developments
15.2.9.3.1 Deals
15.2.10 CHECKPOINT SYSTEMS, INC.
15.2.10.1 Business overview
15.2.10.2 Products/Solutions/Services offered
15.2.10.3 Recent developments
15.2.10.3.1 Product launches/Enhancements
15.2.11 IMPINJ, INC.
15.2.11.1 Business overview
15.2.11.2 Products/Solutions/Services offered
15.2.11.3 Recent developments
15.2.11.3.1 Product launches/Enhancements
15.2.12 DATALOGIC S.P.A.
15.2.12.1 Business overview
15.2.12.2 Products/Solutions/Services offered
15.2.12.3 Recent developments
15.2.12.3.1 Product launches/Enhancements
15.2.12.3.2 Deals
15.2.13 INFOR
15.2.13.1 Business overview
15.2.13.2 Products/Solutions/Services offered
15.2.13.3 Recent developments
15.2.13.3.1 Product launches/Enhancements
15.2.13.3.2 Deals
15.3 OTHER PLAYERS
15.3.1 GE HEALTHCARE
15.3.2 CISCO SYSTEMS, INC.
15.3.3 AEROSCOUT LTD.
15.3.4 PINC SOLUTIONS
15.3.5 BLUEBIRD INC.
15.3.6 RFID GLOBAL SOLUTION
15.3.7 PANASONIC HOLDINGS CORPORATION
15.3.8 VAISALA
15.3.9 ASSET PANDA
15.3.10 LOCUS TECHNOLOGIES
15.3.11 BAINTECH
15.3.12 TEGO INC.
16 APPENDIX
16.1 INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of primary interview participants
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side)
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to arrive at market size using top-down analysis
(supply side)
2.3 FACTOR ANALYSIS
2.3.1 DEMAND-SIDE ANALYSIS
2.3.2 SUPPLY-SIDE ANALYSIS
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RISK ANALYSIS
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ASSET MANAGEMENT SYSTEM MARKET
4.2 ASSET MANAGEMENT SYSTEM MARKET, BY OFFERING
4.3 ASSET MANAGEMENT SYSTEM MARKET, BY ASSET TYPE
4.4 ASSET MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY
4.5 ASSET MANAGEMENT SYSTEM MARKET, BY FUNCTION
4.6 ASSET MANAGEMENT SYSTEM MARKET, BY ORGANIZATION SIZE
4.7 ASSET MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT TYPE
4.8 ASSET MANAGEMENT SYSTEM MARKET, BY END USER
4.9 ASSET MANAGEMENT SYSTEM MARKET, BY REGION
4.10 ASSET MANAGEMENT SYSTEM MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 High adoption of GPS tracking devices
5.2.1.2 Rapid advances in IoT and AI technologies
5.2.1.3 Government initiatives to improve supply chain transparency
5.2.2 RESTRAINTS
5.2.2.1 High installation and ownership costs
5.2.2.2 Data security concerns
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing demand for image-based barcode readers
5.2.3.2 Rising emphasis on process automation and standardization
5.2.4 CHALLENGES
5.2.4.1 Complexities associated with tracking return on investments
5.2.4.2 Difficulty in achieving real-time accuracy in dense environments
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE TREND OF ASSET MANAGEMENT PRODUCTS
(RFID HARDWARE) OFFERED BY KEY PLAYERS, 2021–2024
5.4.2 AVERAGE SELLING PRICE TREND OF ASSET MANAGEMENT PRODUCTS
(RFID HARDWARE), BY REGION, 2021–2024
5.5 VALUE CHAIN ANALYSIS
5.6 ECOSYSTEM ANALYSIS
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Cloud-based asset management systems
5.7.1.2 Metadata management solutions
5.7.2 COMPLEMENTARY TECHNOLOGIES
5.7.2.1 IoT
5.7.2.2 Augmented reality/Virtual reality
5.7.3 ADJACENT TECHNOLOGIES
5.7.3.1 Big data and data management platforms
5.7.3.2 Blockchain
5.8 PATENT ANALYSIS
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO (HS CODE 8471)
5.9.2 EXPORT SCENARIO (HS CODE 8471)
5.10 KEY CONFERENCES AND EVENTS, 2025–2026
5.11 CASE STUDY ANALYSIS
5.11.1 SAIPEM OPTIMIZES TRACKING INDUSTRIAL ASSETS USING HID GLOBAL’S EXO RAIN RFID TAGS
5.11.2 ETAM GROUP ADOPTS RFID TECHNOLOGY TO REVOLUTIONIZE CONSUMER EXPERIENCE AND BOOST SUSTAINABILITY
5.11.3 MICHIGAN HOSPITAL OPTIMIZES MEDICAL ASSET MANAGEMENT BY ADOPTING CONVERGINT’S RTLS ASSET TRACKING & MANAGEMENT SYSTEMS
5.12 INVESTMENT AND FUNDING SCENARIO
5.13 REGULATORY LANDSCAPE
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREATS OF NEW ENTRANTS
5.14.2 THREATS OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDER IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 IMPACT OF AI/GEN AI ON ASSET MANAGEMENT SYSTEM MARKET
6 ASSET MANAGEMENT SYSTEM MARKET, BY OFFERING
6.1 INTRODUCTION
6.2 HARDWARE
6.2.1 TAGS
6.2.1.1 Rising focus of retailers on streamlining stock management and preventing theft to boost demand
6.2.2 READERS
6.2.2.1 Increasing need to scan and update inventory more quickly and accurately to drive adoption
6.2.3 OTHER HARDWARE
6.3 SOFTWARE/PLATFORM
6.3.1 EVOLVING SUPPLY CHAINS AND INVENTORY MANAGEMENT NEEDS TO ACCELERATE DEMAND
6.4 SERVICES
6.4.1 RISING DEMAND FOR EFFICIENT AND OPTIMIZED ASSET MANAGEMENT SYSTEMS TO SUPPORT SEGMENTAL GROWTH
6.4.2 PROFESSIONAL SERVICES
6.4.3 MANAGED SERVICES
7 ASSET MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
7.2 RFID
7.2.1 SURGING USE OF RFID TO PREVENT THEFT AND ENHANCE INVENTORY MANAGEMENT TO DRIVE MARKET
7.3 WI-FI
7.3.1 GROWING REQUIREMENT FOR COST-EFFECTIVE AND SECURE WIRELESS SOLUTIONS TO PROPEL SEGMENTAL GROWTH
7.4 UWB
7.4.1 INCREASING FOCUS OF LOGISTICS COMPANIES ON ASSET VISIBILITY TO FUEL MARKET GROWTH
7.5 BARCODE
7.5.1 AFFORDABILITY, EASE OF IMPLEMENTATION, AND COMPATIBILITY FEATURES TO DRIVE ADOPTION
7.6 OTHER TECHNOLOGIES
8 ASSET MANAGEMENT SYSTEM MARKET, BY ORGANIZATION SIZE
8.1 INTRODUCTION
8.2 SMALL AND MEDIUM-SIZED ENTERPRISES
8.2.1 NEED TO AVOID OVERSTOCKING OR STOCKOUTS TO BOOST DEMAND
8.3 LARGE ENTERPRISES
8.3.1 NECESSITY TO OPTIMIZE ASSET UTILIZATION AND REDUCE DOWNTIME TO ACCELERATE DEMAND
9 ASSET MANAGEMENT SYSTEM MARKET, BY FUNCTION
9.1 INTRODUCTION
9.2 LOCATION & MOVEMENT TRACKING
9.2.1 RISING ADOPTION OF INDUSTRY 4.0 SOLUTIONS TO FUEL SEGMENTAL GROWTH
9.3 CHECK-IN/CHECK-OUT
9.3.1 GROWING FOCUS OF INDUSTRY PLAYERS ON OPTIMIZING INVENTORY MANAGEMENT AND IMPROVING PROCESS EFFICIENCY TO BOOST DEMAND
9.4 REPAIR & MAINTENANCE
9.4.1 INCREASING NEED FOR SPECIALIZED EXPERTISE TO MANAGE COMPLEX HIGH-VALUE ASSETS TO FOSTER SEGMENTAL GROWTH
9.5 OTHER FUNCTIONS
10 ASSET MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT TYPE
10.1 INTRODUCTION
10.2 CLOUD-BASED
10.2.1 SCALABILITY, EASE OF USE, AND COST-EFFECTIVENESS FEATURES TO DRIVE DEMAND
10.3 ON-PREMISES
10.3.1 RISING NEED FOR PREVENTATIVE MAINTENANCE TO BOOST DEMAND
11 ASSET MANAGEMENT SYSTEM MARKET, BY ASSET TYPE
11.1 INTRODUCTION
11.2 ELECTRONIC ASSETS
11.2.1 INCREASING USE OF AUTOMATION TO MANAGE ELECTRONIC DEVICES TO PROPEL MARKET
11.3 RETURNABLE TRANSPORT ASSETS
11.3.1 GROWING FOCUS ON IMPROVING SUPPLY CHAIN VISIBILITY TO ACCELERATE DEMAND
11.4 IN-TRANSIT EQUIPMENT
11.4.1 PRESSING NEED FOR REAL-TIME VISIBILITY AND CONTROL OVER ASSETS DURING TRANSPORTATION TO PROPEL MARKET
11.5 MANUFACTURING ASSETS
11.5.1 RISING DEMAND FOR PREDICTIVE AND PREVENTIVE MAINTENANCE TO DRIVE MARKET
11.6 OTHER ASSET TYPES
12 ASSET MANAGEMENT SYSTEM MARKET, BY END USER
12.1 INTRODUCTION
12.2 RETAIL
12.2.1 RISING DEMAND FOR EFFICIENT INVENTORY MANAGEMENT TO DRIVE MARKET
12.3 HEALTHCARE
12.3.1 ELEVATING NEED FOR REAL-TIME VISIBILITY INTO ASSET LOCATION AND STATUS TO FUEL ADOPTION
12.4 AGRICULTURE
12.4.1 GOVERNMENT REGULATIONS ABOUT LIVESTOCK MANAGEMENT AND ENVIRONMENTAL MONITORING TO SUPPORT MARKET GROWTH
12.5 TRANSPORTATION & LOGISTICS
12.5.1 ESCALATING DEMAND FOR ACCURATE TRACKING OF VEHICLES AND GOODS IN REAL TIME TO CONTRIBUTE TO MARKET GROWTH
12.6 INDUSTRIAL MANUFACTURING
12.6.1 RISE IN DEMAND FOR REAL-TIME INSIGHTS AND PREDICTIVE MAINTENANCE TO FUEL MARKET GROWTH
12.6.2 AUTOMOTIVE
12.6.3 AEROSPACE
12.6.4 OTHERS
12.7 PROCESS INDUSTRIES
12.7.1 RISING ADOPTION OF DIGITAL TECHNOLOGIES BY INDUSTRY PLAYERS TO PROPEL MARKET
12.7.2 OIL & GAS
12.7.3 ENERGY & POWER
12.7.4 CHEMICALS
12.7.5 MINING
12.8 OTHER END USERS
13 ASSET MANAGEMENT SYSTEM MARKET, BY REGION
13.1 INTRODUCTION
13.2 NORTH AMERICA
13.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA
13.2.2 US
13.2.2.1 Increasing adoption of IoT and AI to drive market
13.2.3 CANADA
13.2.3.1 Growing focus on predictive maintenance to propel market
13.2.4 MEXICO
13.2.4.1 Rising adoption of digital technologies to fuel market growth
13.3 EUROPE
13.3.1 MACROECONOMIC OUTLOOK FOR EUROPE
13.3.2 UK
13.3.2.1 Growing demand for accurate and real-time tracking of high-value assets to drive market
13.3.3 GERMANY
13.3.3.1 Rising focus on optimum utilization of physical assets to foster market growth
13.3.4 FRANCE
13.3.4.1 Growing importance to optimize operations and meet regulatory requirements to drive market
13.3.5 ITALY
13.3.5.1 Sustainability and waste management initiatives to accelerate demand
13.3.6 RUSSIA
13.3.6.1 Government-backed infrastructure modernization projects to stimulate market growth
13.3.7 REST OF EUROPE
13.4 ASIA PACIFIC
13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
13.4.2 JAPAN
13.4.2.1 Government initiatives promoting digital transformation and smart infrastructure development to boost demand
13.4.3 CHINA
13.4.3.1 Significant focus on smart city initiatives to drive market
13.4.4 INDIA
13.4.4.1 Growing adoption of digital technologies to enhance productivity to fuel market growth
13.4.5 SOUTH KOREA
13.4.5.1 Surging adoption of smart manufacturing to create opportunities
13.4.6 AUSTRALIA & NEW ZEALAND
13.4.6.1 Increasing importance of livestock management to drive market
13.4.7 REST OF ASIA PACIFIC
13.5 ROW
13.5.1 MACROECONOMIC OUTLOOK FOR ROW
13.5.2 MIDDLE EAST & AFRICA
13.5.2.1 Increasing focus on urbanization and industrial diversification to drive demand
13.5.2.2 GCC
13.5.2.3 Africa & Rest of Middle East
13.5.3 SOUTH AMERICA
13.5.3.1 Growing adoption of e-commerce platforms to drive market
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
14.3 REVENUE ANALYSIS, 2019–2023
14.4 MARKET SHARE ANALYSIS, 2024
14.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
14.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
14.6.1 STARS
14.6.2 EMERGING LEADERS
14.6.3 PERVASIVE PLAYERS
14.6.4 PARTICIPANTS
14.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
14.6.5.1 Company footprint
14.6.5.2 Region footprint
14.6.5.3 Offering footprint
14.6.5.4 Function footprint
14.6.5.5 Asset type footprint
14.6.5.6 Technology footprint
14.6.5.7 End user footprint
14.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
14.7.1 PROGRESSIVE COMPANIES
14.7.2 RESPONSIVE COMPANIES
14.7.3 DYNAMIC COMPANIES
14.7.4 STARTING BLOCKS
14.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
14.7.5.1 List of startups/SMEs
14.7.5.2 Competitive benchmarking of startups/SMEs
14.8 BRAND/PRODUCT COMPARISON
14.9 COMPETITIVE SCENARIO
14.9.1 PRODUCT LAUNCHES/ENHANCEMENTS
14.9.2 DEALS
15 COMPANY PROFILES
15.1 INTRODUCTION
15.2 KEY PLAYERS
15.2.1 AVERY DENNISON CORPORATION
15.2.1.1 Business overview
15.2.1.2 Products/Solutions/Services offered
15.2.1.3 Recent developments
15.2.1.3.1 Product launches/Enhancements
15.2.1.3.2 Deals
15.2.1.4 MnM view
15.2.1.4.1 Key strengths/Right to win
15.2.1.4.2 Strategic choices
15.2.1.4.3 Weaknesses and competitive threats
15.2.2 ZEBRA TECHNOLOGIES CORP.
15.2.2.1 Business overview
15.2.2.2 Products/Solutions/Services offered
15.2.2.3 Recent developments
15.2.2.3.1 Product launches/Enhancements
15.2.2.3.2 Deals
15.2.2.4 MnM view
15.2.2.4.1 Key strengths/Right to win
15.2.2.4.2 Strategic choices
15.2.2.4.3 Weaknesses and competitive threats
15.2.3 HONEYWELL INTERNATIONAL INC.
15.2.3.1 Business overview
15.2.3.2 Products/Solutions/Services offered
15.2.3.3 Recent developments
15.2.3.3.1 Product launches/Enhancements
15.2.3.3.2 Deals
15.2.3.4 MnM view
15.2.3.4.1 Key strengths/Right to win
15.2.3.4.2 Strategic choices
15.2.3.4.3 Weaknesses and competitive threats
15.2.4 SECURITAS TECHNOLOGY
15.2.4.1 Business overview
15.2.4.2 Products/Solutions/Services offered
15.2.4.3 Recent developments
15.2.4.3.1 Deals
15.2.4.4 MnM view
15.2.4.4.1 Key strengths/Right to win
15.2.4.4.2 Strategic choices
15.2.4.4.3 Weaknesses and competitive threats
15.2.5 HID GLOBAL CORPORATION
15.2.5.1 Business overview
15.2.5.2 Products/Solutions/Services offered
15.2.5.3 Recent developments
15.2.5.3.1 Product launches/Enhancements
15.2.5.3.2 Deals
15.2.5.4 MnM view
15.2.5.4.1 Key strengths/Right to win
15.2.5.4.2 Strategic choices
15.2.5.4.3 Weaknesses and competitive threats
15.2.6 SIEMENS AG
15.2.6.1 Business overview
15.2.6.2 Products/Solutions/Services offered
15.2.6.3 Recent developments
15.2.6.3.1 Product launches/Enhancements
15.2.7 TRIMBLE INC.
15.2.7.1 Business overview
15.2.7.2 Products/Solutions/Services offered
15.2.7.3 Recent developments
15.2.7.3.1 Product launches/Enhancements
15.2.7.3.2 Deals
15.2.7.4 MnM view
15.2.7.4.1 Key strengths/Right to win
15.2.7.4.2 Strategic choices
15.2.7.4.3 Weaknesses and competitive threats
15.2.8 MOTOROLA SOLUTIONS, INC.
15.2.8.1 Business overview
15.2.8.2 Products/Solutions/Services offered
15.2.8.3 Recent developments
15.2.8.3.1 Product launches/Enhancements
15.2.8.3.2 Deals
15.2.9 TRACKX TECHNOLOGY, INC.
15.2.9.1 Business overview
15.2.9.2 Products/Solutions/Services offered
15.2.9.3 Recent developments
15.2.9.3.1 Deals
15.2.10 CHECKPOINT SYSTEMS, INC.
15.2.10.1 Business overview
15.2.10.2 Products/Solutions/Services offered
15.2.10.3 Recent developments
15.2.10.3.1 Product launches/Enhancements
15.2.11 IMPINJ, INC.
15.2.11.1 Business overview
15.2.11.2 Products/Solutions/Services offered
15.2.11.3 Recent developments
15.2.11.3.1 Product launches/Enhancements
15.2.12 DATALOGIC S.P.A.
15.2.12.1 Business overview
15.2.12.2 Products/Solutions/Services offered
15.2.12.3 Recent developments
15.2.12.3.1 Product launches/Enhancements
15.2.12.3.2 Deals
15.2.13 INFOR
15.2.13.1 Business overview
15.2.13.2 Products/Solutions/Services offered
15.2.13.3 Recent developments
15.2.13.3.1 Product launches/Enhancements
15.2.13.3.2 Deals
15.3 OTHER PLAYERS
15.3.1 GE HEALTHCARE
15.3.2 CISCO SYSTEMS, INC.
15.3.3 AEROSCOUT LTD.
15.3.4 PINC SOLUTIONS
15.3.5 BLUEBIRD INC.
15.3.6 RFID GLOBAL SOLUTION
15.3.7 PANASONIC HOLDINGS CORPORATION
15.3.8 VAISALA
15.3.9 ASSET PANDA
15.3.10 LOCUS TECHNOLOGIES
15.3.11 BAINTECH
15.3.12 TEGO INC.
16 APPENDIX
16.1 INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
Implementation of advanced technologies in the processes has led to use of costly assets which are required in the industry. It is been observed in every industry, that the dependency of organizations on the more superior assets has improved to get an effective output. With the growing importance, risk, and quantity of production; the cost of management is rising towards the better maintenance and controlling of their assets. Hence, asset management system is fueling the growth in various industries like healthcare, manufacturing, transport, and government among others. Governments, regulatory bodies, shareholders, and other key stakeholder groups have increased pressure on companies in both public and private sectors to be able to locate and track the location of assets.
The Asset management market is segmented into type, technology, industry and geography. Asset management plays an important role in the major industries such as transport & logistics, healthcare, IT services, government sector, retail & hospitality, manufacturing, construction, military and apparel among many others. Development in the technologies including real-time tracking is opening doors for Asset Management System market in the various industries, in the developed regions of the Americas and Europe. APAC is following Europe market and expected to grow with the highest growth rate.
The Asset Management System is expected to reach $XX billion by 2020 from $XX billion in 2013 at a CAGR of XX% from 2014 to 2020. Market research report analyses all the driving factors, restraints, and opportunities with respect to the Asset Management System market, which are helpful in identifying trends and key success factors for the industry. Increase in adoption rate of system by implementation of advanced technologies and escalation in Return on Investment (ROI) is leading to the development of market. The report also includes qualitative analysis on the market, by incorporating complete value chain analysis, supply chain analysis, and the porter’s analysis of the market. Major companies active in this field are profiled in the report. This report provides the competitive landscape of the key players, which covers all key growth strategies. The report provides the market size in terms of revenue at every level and is estimated till 2020, to give a glimpse of the potential revenue base in this market.
The Technology segment of the market is split into different segments that include RFID, RTLS, GPS, and barcode among the other technologies like Bluetooth, ultrasound, and Zigbee. The Asset Management System market, by technology is expected to grow from $XX billion to $XX billion by 2020, with an estimated CAGR of XX% from 2014 to 2020. Though, barcode had the largest market size valued at $XX billion in 2013 at an estimated CAGR of XX% forecasted from 2014 to 2020.RTLS is expected to have the highest CAGR of XX% from 2014 to 2020, compared to other technologies.
Asset Management System by industry is segmented in to Transport and logistics, healthcare, IT services, government, retail, and hospitality among others. Transport & logistics industry is expected to have the largest market share which accounted to reach $XX billion in 2020, at an estimated CAGR of XX% from 2014 to 2020. It is closely followed by healthcare and IT services. The growth is estimated to be highest in healthcare as the use of preferred technologies has helped in instant tracking of patients and medical equipment during an emergency situation.
The type of asset segment includes returnable transport, manufacturing asset, in-transit equipment, IT/electronics, and personnel/staff. The global Asset Management System market size in terms of value, by asset type is expected to grow from $XX billion in 2013 to $XX billion by 2020, at an estimated CAGR of XX% from 2014 to 2020. Returnable transport asset type is expected to have the largest market share and is accounted to reach $XX billion in 2020, at an estimated CAGR of XX% from 2014 to 2020. Returnable assets are been used in almost all type of industries, thus holding the major market share in the market.
Major segments of geography in Asset Management System are the Americas, Europe, APAC and RoW. The Americas market accounted for the largest market share that is; XX% in 2013 and is expected to grow at a CAGR of XX% from 2014 to 2020. The total Europe Asset Management System market, by region is expected to grow at an estimated CAGR of XX% from 2014 to 2020, which is lower compared to APAC which is expected to grow with the highest CAGR of XX% from 2014 to 2020.
