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 Insights
Global Asset Management Market size was valued at USD 277.42 billion in 2019 and is poised to grow from USD 373.69 billion in 2023 to USD 5455.24 billion by 2031, growing at a CAGR of 34.7% in the forecast period (2024-2031).
Asset management is the system that manages, supervises, and optimizes the business resources, assets, and protects customers. With increasing number of startups, especially across emerging economies such as India and China improve the need for asset protection.
Small and medium sized enterprises are increasing the adoption of asset management solutions to optimize and utilize their resources and gain maximum revenues. These solutions and services aid the organizations to enhance their profits, save cost, reduce the losses, and increase the return of investments. Hence, key players are integrating cutting-edge technologies such as artificial intelligence (AI), big data science, and machine learning to provide real-time high-quality data. These technologies will also help the organizations to keep the track of dataflow in real-time.
US Asset Management Market is poised to grow at a sustainable CAGR for the next forecast year.
Asset Management Market Report Snapshots
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