Product Code: A06192
According to a new report published by Allied Market Research, titled, "Asset Management Market," The asset management market was valued at $376.82 billion in 2022, and is estimated to reach $8280.7 billion by 2032, growing at a CAGR of 36.5% from 2023 to 2032.
The asset management market is driven by several factors which include a rising need for optimum utilization of assets, which has led organizations to seek effective asset management solutions. In addition, the increasing adoption of cloud-based IT asset management solutions offers enhanced flexibility, scalability, and accessibility for businesses. However, the high initial costs of asset management systems are hampering the market growth, particularly for smaller businesses with limited resources. Moreover, the lack of awareness and understanding among SMEs hinders their adoption of asset management solutions. Furthermore, budget constraints can impede the market's expansion, as organizations may face financial limitations in implementing such systems. On the contrary, the market also presents opportunities, such as the expansion of interconnected IT infrastructure, which creates a greater demand for robust asset management solutions.
The asset management market is segmented on the basis of component, asset type, function, and application. Based on component, the market is bifurcated into solution and service. On the basis of asset type, it is divided into digital assets, returnable transport assets, in-transit assets, manufacturing assets, and personnel/staff. By function, it is classified into location & movement tracking, check-in/check-out, repair & maintenance, and others. As per application, it is segmented into infrastructure asset management, enterprise asset management, healthcare asset management, aviation asset management, and other. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the asset management market such as ABB, BlackRock, Inc., Charles Schwab Investment Management, Inc., FMR LLC., IBM Corporation, J.P. Morgan Chase & Co., Morgan Stanley, Oracle Corporation., Rockwell Automation Inc., and SAP SE. These players have adopted various strategies to increase their market penetration and strengthen their position in the asset management market.
Key Benefits for Stakeholders
- The study provides an in-depth analysis of the global Asset Management market along with the current & future trends to illustrate the imminent investment pockets.
- Information about key drivers, restraints, & opportunities and their impact analysis on the global Asset Management market size are provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global Asset Management market from 2023 to 2032 is provided to determine the market potential.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)
- Investment Opportunities
- Market share analysis of players by products/segments
- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Market share analysis of players at global/region/country level
- SWOT Analysis
Key Market Segments
By Component
By Asset Type
- Digital Assets
- Returnable Transport Assets
- In-transit Assets
- Manufacturing Assets
- Personnel/ Staff
By Function
- Location and Movement Tracking
- Check-In/ Check-Out
- Repair and Maintenance
- Others
By Application
- Infrastructure Asset Management
- Enterprise Asset Management
- Healthcare Asset Management
- Aviation Asset Management
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- ABB
- BlackRock, Inc.
- Charles Schwab Investment Management, Inc.
- FMR LLC.
- IBM Corporation
- J.P. Morgan Chase & Co.
- Morgan Stanley
- Oracle Corporation
- Rockwell Automation Inc.
- SAP SE
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Rise in need for optimum utilization of assets
- 3.4.1.2. Rising adoption of cloud-based IT asset management solution
- 3.4.1.3. Cost savings and increased profit for enterprise
- 3.4.2. Restraints
- 3.4.2.1. High initial costs of asset management system
- 3.4.2.2. Lack of awareness and understanding among SMEs and budget constraints impedes the market growth
- 3.4.3. Opportunities
- 3.4.3.1. Expansion of interconnected IT infrastructure
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: ASSET MANAGEMENT MARKET, BY COMPONENT
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Solution
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Service
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: ASSET MANAGEMENT MARKET, BY ASSET TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Digital Assets
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Returnable Transport Assets
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. In-transit Assets
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Manufacturing Assets
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Personnel/ Staff
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: ASSET MANAGEMENT MARKET, BY FUNCTION
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Location and Movement Tracking
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Check-In/ Check-Out
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Repair and Maintenance
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
CHAPTER 7: ASSET MANAGEMENT MARKET, BY APPLICATION
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Infrastructure Asset Management
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Enterprise Asset Management
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Healthcare Asset Management
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Aviation Asset Management
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
- 7.6. Others
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
CHAPTER 8: ASSET MANAGEMENT MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Component
- 8.2.3. Market size and forecast, by Asset Type
- 8.2.4. Market size and forecast, by Function
- 8.2.5. Market size and forecast, by Application
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Key market trends, growth factors and opportunities
- 8.2.6.1.2. Market size and forecast, by Component
- 8.2.6.1.3. Market size and forecast, by Asset Type
- 8.2.6.1.4. Market size and forecast, by Function
- 8.2.6.1.5. Market size and forecast, by Application
- 8.2.6.2. Canada
- 8.2.6.2.1. Key market trends, growth factors and opportunities
- 8.2.6.2.2. Market size and forecast, by Component
- 8.2.6.2.3. Market size and forecast, by Asset Type
- 8.2.6.2.4. Market size and forecast, by Function
- 8.2.6.2.5. Market size and forecast, by Application
- 8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Component
- 8.3.3. Market size and forecast, by Asset Type
- 8.3.4. Market size and forecast, by Function
- 8.3.5. Market size and forecast, by Application
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. UK
- 8.3.6.1.1. Key market trends, growth factors and opportunities
- 8.3.6.1.2. Market size and forecast, by Component
- 8.3.6.1.3. Market size and forecast, by Asset Type
- 8.3.6.1.4. Market size and forecast, by Function
- 8.3.6.1.5. Market size and forecast, by Application
- 8.3.6.2. Germany
- 8.3.6.2.1. Key market trends, growth factors and opportunities
- 8.3.6.2.2. Market size and forecast, by Component
- 8.3.6.2.3. Market size and forecast, by Asset Type
- 8.3.6.2.4. Market size and forecast, by Function
- 8.3.6.2.5. Market size and forecast, by Application
- 8.3.6.3. France
- 8.3.6.3.1. Key market trends, growth factors and opportunities
- 8.3.6.3.2. Market size and forecast, by Component
- 8.3.6.3.3. Market size and forecast, by Asset Type
- 8.3.6.3.4. Market size and forecast, by Function
- 8.3.6.3.5. Market size and forecast, by Application
- 8.3.6.4. Italy
- 8.3.6.4.1. Key market trends, growth factors and opportunities
- 8.3.6.4.2. Market size and forecast, by Component
- 8.3.6.4.3. Market size and forecast, by Asset Type
- 8.3.6.4.4. Market size and forecast, by Function
- 8.3.6.4.5. Market size and forecast, by Application
- 8.3.6.5. Spain
- 8.3.6.5.1. Key market trends, growth factors and opportunities
- 8.3.6.5.2. Market size and forecast, by Component
- 8.3.6.5.3. Market size and forecast, by Asset Type
- 8.3.6.5.4. Market size and forecast, by Function
- 8.3.6.5.5. Market size and forecast, by Application
- 8.3.6.6. Rest of Europe
- 8.3.6.6.1. Key market trends, growth factors and opportunities
- 8.3.6.6.2. Market size and forecast, by Component
- 8.3.6.6.3. Market size and forecast, by Asset Type
- 8.3.6.6.4. Market size and forecast, by Function
- 8.3.6.6.5. Market size and forecast, by Application
- 8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Component
- 8.4.3. Market size and forecast, by Asset Type
- 8.4.4. Market size and forecast, by Function
- 8.4.5. Market size and forecast, by Application
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Key market trends, growth factors and opportunities
- 8.4.6.1.2. Market size and forecast, by Component
- 8.4.6.1.3. Market size and forecast, by Asset Type
- 8.4.6.1.4. Market size and forecast, by Function
- 8.4.6.1.5. Market size and forecast, by Application
- 8.4.6.2. Japan
- 8.4.6.2.1. Key market trends, growth factors and opportunities
- 8.4.6.2.2. Market size and forecast, by Component
- 8.4.6.2.3. Market size and forecast, by Asset Type
- 8.4.6.2.4. Market size and forecast, by Function
- 8.4.6.2.5. Market size and forecast, by Application
- 8.4.6.3. India
- 8.4.6.3.1. Key market trends, growth factors and opportunities
- 8.4.6.3.2. Market size and forecast, by Component
- 8.4.6.3.3. Market size and forecast, by Asset Type
- 8.4.6.3.4. Market size and forecast, by Function
- 8.4.6.3.5. Market size and forecast, by Application
- 8.4.6.4. Australia
- 8.4.6.4.1. Key market trends, growth factors and opportunities
- 8.4.6.4.2. Market size and forecast, by Component
- 8.4.6.4.3. Market size and forecast, by Asset Type
- 8.4.6.4.4. Market size and forecast, by Function
- 8.4.6.4.5. Market size and forecast, by Application
- 8.4.6.5. South Korea
- 8.4.6.5.1. Key market trends, growth factors and opportunities
- 8.4.6.5.2. Market size and forecast, by Component
- 8.4.6.5.3. Market size and forecast, by Asset Type
- 8.4.6.5.4. Market size and forecast, by Function
- 8.4.6.5.5. Market size and forecast, by Application
- 8.4.6.6. Rest of Asia-Pacific
- 8.4.6.6.1. Key market trends, growth factors and opportunities
- 8.4.6.6.2. Market size and forecast, by Component
- 8.4.6.6.3. Market size and forecast, by Asset Type
- 8.4.6.6.4. Market size and forecast, by Function
- 8.4.6.6.5. Market size and forecast, by Application
- 8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Component
- 8.5.3. Market size and forecast, by Asset Type
- 8.5.4. Market size and forecast, by Function
- 8.5.5. Market size and forecast, by Application
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Latin America
- 8.5.6.1.1. Key market trends, growth factors and opportunities
- 8.5.6.1.2. Market size and forecast, by Component
- 8.5.6.1.3. Market size and forecast, by Asset Type
- 8.5.6.1.4. Market size and forecast, by Function
- 8.5.6.1.5. Market size and forecast, by Application
- 8.5.6.2. Middle East
- 8.5.6.2.1. Key market trends, growth factors and opportunities
- 8.5.6.2.2. Market size and forecast, by Component
- 8.5.6.2.3. Market size and forecast, by Asset Type
- 8.5.6.2.4. Market size and forecast, by Function
- 8.5.6.2.5. Market size and forecast, by Application
- 8.5.6.3. Africa
- 8.5.6.3.1. Key market trends, growth factors and opportunities
- 8.5.6.3.2. Market size and forecast, by Component
- 8.5.6.3.3. Market size and forecast, by Asset Type
- 8.5.6.3.4. Market size and forecast, by Function
- 8.5.6.3.5. Market size and forecast, by Application
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. ABB
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
- 10.1.7. Key strategic moves and developments
- 10.2. BlackRock, Inc.
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
- 10.2.7. Key strategic moves and developments
- 10.3. Charles Schwab Investment Management, Inc.
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.4. FMR LLC.
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Key strategic moves and developments
- 10.5. IBM Corporation
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Business performance
- 10.6. J.P. Morgan Chase & Co.
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
- 10.7. Morgan Stanley
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
- 10.8. Oracle Corporation
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.9. Rockwell Automation Inc.
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.10. SAP SE
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance