Market Scenario: 

The software opens up two-way communication between the asset and the central application for better control and management of assets. It opens up a range of potential applications in new fields, creating new possibilities in service and business.

They are tracked and monitored over a central system and the assets are deployed with Vodafone SIMS. The Vodafone Remote Asset Management Market enables monitoring, maintenance of assets, machines and systems and also help in transforming the business. The main feature of remote asset management is two-way communication. Also, the main functions of this solution include intrusion detection, access control systems, asset tracking, asset recovery, real-time monitoring, real-time notifications, and others.

The key drivers contributing to the growth of the remote asset management market are the growing demand for the adoption of IoT based asset management, enhancing asset lifecycle and declining cost of IoT components which helps in cost-effective remote asset management solutions.

Geographically, North-America accounted for the largest market share for the global remote asset management market.

The global remote asset management market is expected to reach USD ~27 billion by the end of 2022 with ~27 % CAGR during forecast period 2017-2022

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Key Players:

IBM Corporation (U.S.),
Cisco Systems,
Inc (U.S.),
AT&T Intellectual Property (U.S),
Hitachi, Ltd. (Japan),
Verizon Communications,
(U.S.),
PTC Inc. (U.S.),
SAP SE (Germany),
Rockwell Automation,
(U.S.),
Schneider Electric SE (France),
Infosys Limited (India)

Market Segments:

For the purpose of this study, Market Research Future has segmented the market of Remote Asset Management into application, solution and region.

By Solution-

Surveillance and security
Network Bandwidth management
Asset Performance management
Application management
Connectivity management
Professional services
Managed services
Real-time location tracking
Asset condition monitoring
Predictive maintenance

By Application-

Automation
Healthcare and wellness
Smart retail
Utilities and grids
Production monitoring
Connected logistics
Fleet management
Others

By Region-

North-America
Europe
Asia-Pacific
RoW
Regionally, North-America accounted for the largest market share because of the technological advancements followed by proper internet infrastructure, adoption of new technology and presence of strong local solution providers.

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Intended Audience:

Manufacturers
Distributors
Research firms
Consultancy firms
Software Developers
Vendors
Semiconductor Manufacturers
Stakeholders
End-user sectors
Technology Investors

Study Objectives of Global Remote Asset Management Market:

To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global remote asset management market.

To provide insights about factors affecting the market growth.

To analyze the global remote asset management market based porter’s five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

To provide country level analysis of the market with respect to the current market size and future prospective.

To provide country level analysis of the market for segment by solution, application and region.

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global remote asset management 

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