Wireless Asset Management Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00125760
  • Format: Electronic (PDF)
  • Publish Type: Publish
  • Number of Pages: 250
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Market Snapshot

CAGR:7.59
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 7.59
Information & Technology-companies
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Report Overview

The Wireless Asset Management Market is projected to grow at a CAGR of 12.75% between 2022 and 2032. The market size is forecast to increase by USD 3,841.26 million during this period. The growth of the Wireless Asset Management Market is driven by the increasing adoption of IoT devices, the need for efficient asset tracking, and the demand for real-time visibility into asset location and condition.

Market Overview:

Drivers:

The Wireless Asset Management Market is experiencing growth due to the rise of IoT-enabled devices and the need for organizations to track and manage their assets effectively. Wireless asset management solutions provide real-time data on asset location, status, and utilization.

Moreover, the optimization of supply chain operations and the reduction of asset loss are driving market demand. Organizations are adopting wireless asset management solutions to streamline their operations and enhance asset utilization.

Trends:

The integration of RFID (Radio Frequency Identification) technology and sensors in wireless asset management solutions is a prominent trend. RFID tags and sensors provide accurate and automated data collection, improving asset tracking efficiency.

Furthermore, the use of cloud-based platforms for centralizing asset data and enabling remote monitoring and management is influencing the market. Cloud-based solutions offer scalability and accessibility for asset tracking and management.

Restraints:

Challenges related to data security and privacy concerns can restrain market growth. Wireless asset management solutions collect and transmit sensitive data, requiring robust security measures to protect against unauthorized access.

Additionally, the complexity of integrating wireless asset management solutions with existing IT infrastructure and processes can pose challenges. Seamless integration is crucial to avoid disruptions.

Wireless Asset Management Market Segmentation by Technology:

The RFID segment is expected to witness significant growth during the forecast period. RFID technology provides automated asset tracking and management capabilities.

Wireless Asset Management Market Segmentation by Industry:

The Manufacturing segment is anticipated to experience strong growth in the Wireless Asset Management Market. Manufacturing organizations use wireless asset management solutions to monitor and optimize production processes.

Regional Overview:


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North America is expected to lead the global Wireless Asset Management Market, driven by the region's high adoption of IoT devices, advanced industrial infrastructure, and focus on improving operational efficiency.

Moreover, Europe is projected to experience substantial growth due to the region's emphasis on Industry 4.0 initiatives, increasing automation in manufacturing, and demand for supply chain optimization.

Wireless Asset Management Market Customer Landscape:

The report includes insights into the customer landscape, identifying industries and sectors that extensively use wireless asset management solutions for tracking and managing their assets.

Major Wireless Asset Management Market Companies:

Companies in the Wireless Asset Management Market are adopting strategies such as enhancing IoT capabilities, integrating analytics for predictive maintenance, and offering industry-specific solutions.

Sample companies in the Wireless Asset Management Market include:

  • Zebra Technologies Corporation
  • Honeywell International Inc.
  • Stanley Black & Decker, Inc.
  • Trimble Inc.
  • IBM Corporation
  • AT&T Inc.
  • Verizon Communications Inc.
  • Oracle Corporation
  • SAP SE
  • Siemens AG

Segment Overview:

The Wireless Asset Management Market report provides revenue forecasts at global, regional, and country levels, analyzing trends and opportunities from 2019 to 2032.

  • Technology Outlook (USD Million, 2019 - 2032)
    • RFID
    • RTLS (Real-Time Location Systems)
    • GPS (Global Positioning System)
    • Others
  • Industry Outlook (USD Million, 2019 - 2032)
    • Manufacturing
    • Healthcare
    • Transportation and Logistics
    • Energy and Utilities
    • Others
  • Geography Outlook (USD Million, 2019 - 2032)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • Japan
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Wireless Asset Management MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition   

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Wireless Asset Management MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Wireless Asset Management Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Power Of Suppliers

    4.5.2. Power Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. Wireless Asset Management MARKET BY type landscape

SIGHTS & TRENDS                                                               

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Hardware

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Software

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Wireless Asset Management MARKET BY Application INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Automated Inventory Control

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Loss Prevention

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.4 Physical Asset Monitoring

    6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Wireless Asset Management MARKET REGIONAL OUTLOOK

7.1. Wireless Asset Management Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.2. North America Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America Wireless Asset Management Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America Wireless Asset Management Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America Wireless Asset Management Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America Wireless Asset Management Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America Wireless Asset Management Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Cisco Systems

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2 Siemens AG

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3 Boston Networks Ltd

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4 Intelligent InSites

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5 Moog

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6 Company 6

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7 Company 7

   9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8 Company 8

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9 Company 9

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10 Company 10

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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