Remote Asset Management is one of the many use cases of the IoT revolution. The world of sensors, gateways and cloud applications is transforming the entire landscape of management and control at the disposal of an organisation that has assets in remote offices and dispersed areas. Many industries have already benefitted tremendously from video surveillance and its applications. One of the examples is the Banking industry has applied the technology to watch over its ATMs.
Scope of the Report:This report studies the Industrial Remote Asset Management market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Industrial Remote Asset Management market by product type and applications/end industries.
Knowing the health and condition of rotating mechanical assets allows operators to plan for repairs rather than react to unexpected failures. Sharing this information between maintenance and operations means repairs are anticipated and production schedules are adjusted accordingly. Remote asset management system diagnoses and communicates the health of mechanical and rotating machinery using data from several predictive maintenance technologies. The result, a comprehensive view of each monitored machine and a more accurate diagnosis when developing problems are discovered.
The global Industrial Remote Asset Management market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Industrial Remote Asset Management.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers AT&T
Cisco Systems
Hitachi
Schneider Electric
PTC
Infosys
IBM
Rockwell Automation
SAP
Verizon Communications
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Real-time location tracking
Streaming analytics
Asset condition monitoring
Predictive maintenance
Predictive maintenance
Surveillance and security
Network Bandwidth management
Asset Performance management
Market Segment by Applications, can be divided into Building automation
Remote healthcare and wellness
Smart retail
Utilities and smart grids
Production monitoring
Connected logistics and fleet management
Connected agriculture
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
