Report ID: SQSG40H2001
Asset Management Market Size, Share, Growth Analysis, By Component(Solutions, Services), By Asset Type(Digital, In-transit), By Function(Location & Movement Tracking, Repair & Maintenance), By Application(Infrastructure, Enterprise, Healthcare, Aviation), By Region - Industry Forecast 2024-2031
Report ID:
SQSG40H2001 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
115 |
Figures:
77
Asset Management Market Regional Insights
North America is expected to emerge as the fastest growing market over the projection period. Growth is primarily attributed to the expansion of IT & telecom, infrastructure, and aviation industries in the U.S. With increasing volume of data and growing number of IT firms in the U.S., the need for enterprise asset management solutions is slated to rise. On account of this, sales of asset management solutions across North America are expected to account for nearly 32% of demand share.
Besides this, by the end of 2028, Asia Pacific asset management market is projected to be the most lucrative pocket, with India leading the growth in the region. Increasing number of start-ups and development of modern infrastructure in the country will fuel the growth in the region. Increasing deployment of cloud-based solutions, adoption of AI, big data, and IoT in diverse industries, especially in India and China, will drive the demand in Asia Pacific.
Asset Management Market Report Snapshots
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