- In March 2024, Zebra Technologies Corp. unveiled the smallest back-of-hand scanner in the industry, designed to improve worker productivity by keeping the palm free for greater mobility while handling items, especially in asset tracking environments requiring speed and efficiency
- In June 2024, Trimble introduced the Trimble Unity Asset Lifecycle Management software suite, which aims to streamline asset management across industries by centralizing data and enhancing workflows for planning, designing, building, operating, and maintaining assets
- In May 2024, Honeywell Technologies Inc. introduced Honeywell Forge Performance+ for Utilities, an AI-driven platform to optimize utility operations, focusing on asset management, operational efficiency, and grid reliability
- In January 2024, Motorola Solutions debuted a cloud-based asset intelligence platform to optimize asset lifecycles, offering features such as maintenance scheduling, inventory tracking, and predictive analytics for more efficient asset management
- In June 2023, Impinj Inc. launched the Impinj M800 Series RAIN RFID Tag Chips, featuring improved readability, lower power usage, and enhanced reliability, ideal for global deployments in retail, logistics, and supply chain management
Frequently Asked Questions
The market is segmented based on Segmentation, By Asset Type (Electronic, Returnable Transport, In-Transit, Manufacturing, and Personnel/Staff), Solutions (Radio Frequency Identification, Real-Time System Location, Barcode, Mobile Computers, and GPS), Industry (Healthcare, Retail, Hospitality, Transportation & Logistics, Industrial Manufacturing, and Process Industry) – Industry Trends and Forecast to 2032
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The Global Asset Management System Market size was valued at USD 17.64 USD Billion in 2024.
The Global Asset Management System Market is projected to grow at a CAGR of 8.4% during the forecast period of 2025 to 2032.
The major players operating in the market include ,ABB, Semiconductor Components IndustriesLLC, Infineon, STMicroelectronics, Toshiba India Pvt. Ltd., NXP Semiconductors, Diodes Incorporated, Nexperia, Qualcomm TechnologiesInc, D3 Semiconductor LLC, Eaton Corporation, HitachiLtd., Mitsubishi Electric Corporation, Fuji Electric Co.Ltd, Murata Manufacturing, TSMC, Vishay Intertechnology, ON Semiconductor, Fairchild Semiconductor, and STMicroelectronics ,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
