Remote Asset Management Market to Witness Huge Growth by Key Players: Siemens AG, Cisco Systems, Hitachi, Schneider Electric, PTC, Infosys, IBM, Rockwell Automation, SAP, Verizon, Meridium and Others.

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The Remote Asset Management Market size is projected to grow from USD 16.5 Billion in 2020 to USD 32.6 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.6% during the forecast period.

Top Companies Profiled in the Remote Asset Management Market:
o Siemens AG (Siemens)
o AT&T (AT&T)
o Cisco Systems Inc. (Cisco Systems)
o Hitachi Ltd. (Hitachi)
o Schneider Electric (Schneider Electric)
o PTC (PTC)
o Infosys Limited (Infosys)
o IBM Corporation (IBM)
o Rockwell Automation Inc. (Rockwell Automation)
o SAP (SAP)
o Verizon (Verizon)
o Bosch.IO (Bosch.IO)
o Meridium Inc. (Meridium)
o Vodafone Group (Vodafone)
o RapidValue Solutions (RapidValue)
o RCS Technologies (RCS)
o EAMbrace (EAMbrace)
o Accruent (Accruent)
o ROAMWORKS (ROAMWORKS)
o Ascent Intellimation Pvt. Ltd. (Ascent Intellimation)

"Services segment to grow at a higher CAGR during the forecast period"
The remote asset management services industry is segmented into two major types: professional services and managed services. Professional and managed services enhance the security portfolio of enterprises and safeguard their system from unauthorized access, exploitation, and data loss. The professional services segment includes consulting, implementation, and support and maintenance services.

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"Analytics and reporting segment to grow at the highest CAGR during the forecast period"
Analytics and reporting solutions help organizations evaluate the daily field operations and identify the areas of improvement, leading to better service delivery. These solutions allow organizations to simplify those data sources and represent the sources into a catchy visual dashboard. Analytics and reporting solutions offer automated report generation, which enables organizations to gain real-time information anywhere, anytime.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 62%, Tier 2 - 23%, and Tier 3 - 15%
o By Designation: C-level - 38%, Directors - 30%,and Others - 32%
o By Region: North America - 40%,Europe- 15%, APAC- 35%,MEA - 5%, Latin America- 5%.

Competitive Landscape of Remote Asset Management Market:
1 Competitive Leadership Mapping (Global)
1.1 Visionary Leaders
1.2 Innovators
1.3 Dynamic Differentiators
1.4 Emerging Companies
2 Strength Of Product Portfolio (Global)
3 Business Strategy Excellence (Global)
4 Key Players In The Market, 2020
5 Competitive Leadership Mapping (Startup)
5.1 Progressive
5.2 Responsive
5.3 Dynamic Companies
5.4 Starting Blocks
6 Strength Of Product Portfolio (Startup)
7 Business Strategy Excellence (Startup)

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Reason to access this report:
The report is expected to help the market leaders/new entrants in this market by providing them information on the closest approximations of the revenue numbers for the overall remote asset management market and its segments. This report is also expected to help stakeholders understand the competitive landscape and gain insights to improve the position of their businesses and plan suitable go-to-market strategies.

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This release was published on openPR.