Global Assets Management Iot Market
Market Size in USD Billion
CAGR :
% 
USD
26.43 Billion
USD
57.08 Billion
2025
2033
 Forecast Period |
2026 –2033 |
 Market Size (Base Year) |
USD 26.43 Billion |
 Market Size (Forecast Year) |
USD 57.08 Billion |
 CAGR |
% |
| Major Markets Players |
|
What is the Global Assets Management IOT Market Size and Growth Rate?
- The global assets management IOT market size was valued at USD 26.43 billion in 2025 and is expected to reach USD 57.08 billion by 2033, at a CAGR of10.10% during the forecast period
- Rising reduced equipment downtime is a crucial factor accelerating the market growth, also rising rapid digitization and mass availability of orthorectified images through satellites have enabled the use of geographical information systems (GIS), which in turn increases the product demand, increasing return on investment (ROI) and cost saving, improved supply chain efficiency, rising reduction in search time for misplaced assets and increasing adoption of imagers or image-based barcode readers are the major factors among others boosting the assets management IOT market
What are the Major Takeaways of Assets Management IOT Market?
- Rise in the demand for image-based barcode readers, rising formulation of regional fiscal policies to keep manufacturing facilities floating amid COVID-19 crisis and increasing technological advancements and modernization in the management techniques will further create new opportunities for assets management IOT market
- However, increasing initial costs of asset management systems is the vital factor among others restraining the market growth, while trade-off complications among accuracy, range, and power consumption in RTLS tags and rising imposition of lockdowns and social distancing may restrict commercial trade growth in coming months which will further challenge the assets management IOT market in the forecast period
- North America dominated the assets management IoT market with a 41.8% revenue share in 2025, driven by early adoption of IoT technologies, strong presence of large enterprises, and widespread deployment of asset tracking solutions across manufacturing, logistics, healthcare, and infrastructure sectors
- Asia-Pacific is projected to register the fastest CAGR of 8.69% from 2026 to 2033, driven by rapid industrialization, expanding manufacturing bases, and large-scale deployment of smart logistics and infrastructure projects across China, India, Japan, South Korea, and Southeast Asia
- The Solutions segment dominated the market with a 58.6% share in 2025, driven by widespread adoption of IoT platforms, asset tracking software, dashboards, and analytics tools that enable real-time monitoring and data-driven decision-making
Report Scope and Assets Management IOT Market Segmentation
|
Attributes |
Assets Management IOT Key Market Insights |
|
Segments Covered |
|
|
Countries Covered |
North America
Europe
Asia-Pacific
Middle East and Africa
South America
|
|
Key Market Players |
|
|
Market Opportunities |
|
|
Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework. |
What is the Key Trend in the Assets Management IOT Market?
Increasing Shift Toward Real-Time, Cloud-Based, and AI-Enabled Asset Management IoT Solutions
- The asset management IoT market is witnessing strong adoption of sensor-based, cloud-connected, and real-time monitoring solutions designed to track, manage, and optimize physical assets across industries such as manufacturing, logistics, healthcare, utilities, and transportation
- Solution providers are introducing AI-enabled, edge-computing-supported, and software-driven IoT platforms that offer predictive maintenance, real-time asset visibility, automated alerts, and seamless integration with enterprise systems
- Growing demand for cost-efficient, scalable, and remotely deployable asset tracking solutions is driving adoption across large enterprises, SMEs, and distributed infrastructure environments
- For instance, companies such as Zebra Technologies, Honeywell, Cisco, IBM, and Advantech have enhanced their asset management IoT offerings with RFID, RTLS, GPS, and cloud analytics to support high-accuracy tracking and decision-making
- Increasing need for asset utilization optimization, downtime reduction, and real-time operational insights is accelerating the shift toward intelligent, IoT-enabled asset management platforms
- As enterprises focus on digital transformation and operational efficiency, Asset Management IoT solutions will remain critical for real-time tracking, predictive analytics, and data-driven asset optimization
What are the Key Drivers of Assets Management IOT Market?
- Rising demand for real-time asset visibility, predictive maintenance, and automated tracking systems to reduce losses, improve utilization, and enhance operational efficiency across industries
- For instance, in 2025, leading companies such as Honeywell, Zebra Technologies, Siemens, and IBM expanded their IoT asset management portfolios with AI-based analytics, cloud integration, and advanced sensor technologies
- Growing adoption of IoT sensors, RFID, GPS tracking, and RTLS technologies across logistics, manufacturing, healthcare, smart cities, and utilities is boosting market growth across North America, Europe, and Asia-Pacific
- Advancements in cloud computing, edge analytics, AI algorithms, and low-power wireless connectivity have strengthened scalability, accuracy, and real-time decision-making capabilities
- Rising use of data-driven asset optimization, condition monitoring, and remote asset management is creating strong demand for integrated IoT platforms
- Supported by steady investments in industrial IoT, smart infrastructure, and digital transformation initiatives, the Asset Management IoT market is expected to witness robust long-term growth
Which Factor is Challenging the Growth of the Assets Management IOT Market?
- High costs associated with large-scale IoT deployments, advanced sensors, connectivity infrastructure, and cloud integration restrict adoption among small and mid-sized enterprises
- For instance, during 2024–2025, semiconductor price volatility, sensor shortages, and supply chain disruptions increased implementation and hardware costs for several solution providers
- Complexity in integrating IoT asset management solutions with legacy systems, ERP platforms, and heterogeneous IT environments increases deployment time and technical requirements
- Limited awareness in emerging markets regarding IoT-based asset tracking benefits, ROI realization, and data security practices slows adoption
- Concerns related to data security, privacy, and network reliability, along with competition from traditional manual tracking and barcode-based systems, create adoption barriers
- To address these challenges, companies are focusing on cost-optimized hardware, modular deployments, enhanced cybersecurity frameworks, and cloud-based analytics to accelerate global adoption of Asset Management IoT solutions
How is the Assets Management IOT Market Segmented?
The market is segmented on the basis of component, type, function, and application.
- By Component
On the basis of component, the assets management IoT market is segmented into Solutions and Services. The Solutions segment dominated the market with a 58.6% share in 2025, driven by widespread adoption of IoT platforms, asset tracking software, dashboards, and analytics tools that enable real-time monitoring and data-driven decision-making. Enterprises increasingly deploy integrated solutions combining sensors, connectivity, cloud platforms, and analytics to gain full visibility into asset utilization, condition, and location. These solutions are widely used across manufacturing, logistics, healthcare, and infrastructure sectors to reduce downtime and operational inefficiencies.
The Services segment is expected to grow at the fastest CAGR from 2026 to 2033, supported by rising demand for system integration, consulting, managed services, and ongoing maintenance. As IoT deployments become more complex, organizations increasingly rely on service providers for implementation, optimization, cybersecurity, and lifecycle management.
- By Type
On the basis of type, the assets management IoT market is segmented into Digital Assets, Returnable Transport Assets, In-transit Assets, Manufacturing Assets, and Personnel/Staff. The Manufacturing Assets segment dominated the market with a 34.2% share in 2025, driven by strong adoption of IoT-based monitoring for machinery, equipment, and production lines to enable predictive maintenance and improve asset utilization. Manufacturing facilities increasingly deploy sensors and analytics to reduce unplanned downtime and extend asset life cycles.
The In-transit Assets segment is projected to grow at the fastest CAGR from 2026 to 2033, fueled by rapid expansion of logistics, e-commerce, and global supply chains. Growing need for real-time shipment visibility, theft prevention, and condition monitoring is accelerating adoption of IoT-enabled tracking technologies.
- By Function
On the basis of function, the market is segmented into Location & Movement Tracking, Check-In/Check-Out, Repair and Maintenance, and Others. The Location & Movement Tracking segment dominated the market with a 45.7% share in 2025, as real-time asset visibility remains the core requirement across industries such as logistics, healthcare, transportation, and manufacturing. GPS, RFID, and RTLS technologies are widely deployed to track asset movement, optimize workflows, and reduce losses.
The Repair and Maintenance segment is expected to grow at the fastest CAGR from 2026 to 2033, driven by rising adoption of predictive maintenance, condition monitoring, and AI-driven diagnostics. Organizations increasingly use IoT data to anticipate failures, schedule maintenance proactively, and reduce operational costs.
- By Application
On the basis of application, the assets management IoT market is segmented into Infrastructure Asset Management, Enterprise Asset Management, Healthcare Asset Management, Aviation Asset Management, and Others. The Enterprise Asset Management segment dominated the market with a 38.9% share in 2025, supported by widespread deployment across large enterprises to manage distributed assets, improve utilization, and enhance operational efficiency. Integration with ERP and analytics platforms further strengthens adoption.
The Healthcare Asset Management segment is expected to grow at the fastest CAGR from 2026 to 2033, driven by increasing demand for real-time tracking of medical equipment, staff, and patients. Growing focus on patient safety, workflow efficiency, and cost optimization is accelerating IoT adoption across hospitals and healthcare facilities.
Which Region Holds the Largest Share of the Assets Management IOT Market?
- North America dominated the assets management IoT market with a 41.8% revenue share in 2025, driven by early adoption of IoT technologies, strong presence of large enterprises, and widespread deployment of asset tracking solutions across manufacturing, logistics, healthcare, and infrastructure sectors. High penetration of cloud platforms, AI-driven analytics, and real-time tracking systems supports large-scale IoT asset management deployments across the U.S. and Canada.
- Enterprises in the region actively invest in predictive maintenance, digital twins, and connected asset platforms to improve operational efficiency and reduce downtime, strengthening regional leadership
- Strong innovation ecosystems, availability of skilled workforce, and continuous investments in smart infrastructure further reinforce North America’s market dominance
U.S. Assets Management IoT Market Insight
The U.S. is the largest contributor within North America, supported by widespread adoption of enterprise asset management platforms, smart logistics systems, and industrial IoT solutions. Strong presence of technology providers, cloud service companies, and system integrators accelerates deployment across manufacturing plants, warehouses, hospitals, and transportation networks. Increasing focus on predictive maintenance, asset utilization optimization, and real-time visibility continues to drive strong market growth.
Canada Assets Management IoT Market Insight
Canada contributes steadily to regional growth, driven by rising adoption of IoT-based asset tracking across healthcare, public infrastructure, utilities, and transportation sectors. Government-backed smart city initiatives, increasing investments in digital infrastructure, and growing enterprise digitization support market expansion. Universities, logistics hubs, and industrial facilities increasingly deploy asset management IoT solutions to improve operational efficiency and reduce asset losses.
Asia-Pacific Assets Management IoT Market
Asia-Pacific is projected to register the fastest CAGR of 8.69% from 2026 to 2033, driven by rapid industrialization, expanding manufacturing bases, and large-scale deployment of smart logistics and infrastructure projects across China, India, Japan, South Korea, and Southeast Asia. High adoption of IoT sensors, RFID, and cloud-based platforms across supply chains accelerates regional growth.
China Assets Management IoT Market Insight
China is the largest contributor in Asia-Pacific, supported by massive industrial output, strong logistics networks, and government-led digital transformation initiatives. Increasing deployment of IoT-enabled asset tracking in manufacturing, ports, warehouses, and transportation systems drives strong domestic adoption.
Japan Assets Management IoT Market Insight
Japan shows steady growth driven by advanced manufacturing practices, automation, and strong focus on operational efficiency. Adoption of IoT-based asset management across automotive, electronics, and industrial sectors supports long-term market expansion.
India Assets Management IoT Market Insight
India is emerging as a high-growth market due to rapid expansion of logistics, healthcare infrastructure, and smart city projects. Government initiatives such as Digital India and Make in India accelerate adoption of IoT-based asset tracking and monitoring solutions.
South Korea Assets Management IoT Market Insight
South Korea contributes significantly through strong adoption across electronics manufacturing, logistics, and smart infrastructure. High digital maturity, advanced connectivity, and growing investments in AI-enabled asset analytics support sustained market growth.
Which are the Top Companies in Assets Management IOT Market?
The assets management IOT industry is primarily led by well-established companies, including:
- Zebra Technologies Corp. (U.S.)
- Trimble Inc. (U.S.)
- Stanley Black & Decker, Inc. (U.S.)
- SATO Holdings Corporation (Japan)
- IQGeo (U.K.)
- Honeywell International Inc. (U.S.)
- Datalogic S.p.A (Italy)
- TomTom International BV (Netherlands)
- mojix (U.S.)
- Alien Technology, LLC (U.S.)
- AiRISTA Flow, Inc. (U.S.)
- Midmark Corporation (U.S.)
- CenTrak (U.S.)
- Sonitor Technologies AS (Norway)
- NCR (U.S.)
- Opticon (Japan)
- Advantech (Taiwan)
- PEPPERL+FUCHS (Germany)
- Topcon (Japan)
What are the Recent Developments in Global Assets Management IOT Market?
- In December 2023, Quectel Wireless Solutions Co., Ltd announced the SG520B series of smart modules supporting 5G Sub-6GHz, Wi-Fi 6E, and Bluetooth connectivity, designed to address rising demand for advanced smart modules capable of delivering robust connectivity alongside operational intelligence, strengthening the company’s position in next-generation IoT deployments
- In September 2023, u-blox launched the SARA-S520M10L, a cellular and satellite IoT module offering accurate, low-power positioning and reliable connectivity, widely used across asset tracking, fleet management, mining, utilities, maritime transportation, and smart agriculture, supporting the growing need for resilient and location-aware IoT solutions
- In September 2023, Telit announced the WE310K6, a fully integrated low-power module featuring dual-band, dual-stream Wi-Fi along with dual-mode Bluetooth and Bluetooth Low Energy, targeting applications such as asset management, pet and animal tracking, and related use cases, reinforcing the shift toward compact and energy-efficient IoT modules
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
