Wireless Asset Management Global Market Report 2024 - By Demand, Size, Share And Report, Forecast To 2033

"The new report published by The Business Research Company, titled Wireless Asset Management Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the wireless asset management market size has grown rapidly in recent years. It will grow from $22.12 billion in 2023 to $25.34 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%. The wireless asset management market size is expected to see rapid growth in the next few years. It will grow to $44.09 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%.

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The Surging Growth Of Wireless Asset Management In The IOT ERA
The increasing adoption of the Internet of Things (IoT) is expected to propel the growth of the wireless asset management market going forward. The Internet of Things (IoT) is a networked system of interconnected computing devices, mechanical and electronic machinery with unique identities (UIDs), and the capacity to transfer data without needing human-to-human or human-to-computer contact. The Internet of Things (IoT) enables real-time tracking of assets, making it easier to manage and control them. Additionally, through IoT sensors and devices, organizations can monitor the location, condition, and movement of assets in real-time. For instance, in March 2023, according to a report published by the Global Mobile Supplier Association (GSA), a UK-based not-for-profit industry organization representing suppliers in the mobile communication industry, the global IoT connections reached 13.2 billion in 2022, and is expected to increase by 18% to 34.7 billion by 2028. Therefore, the increasing usage of the Internet of Things (IoT) drives the wireless asset management market.

Exploring Technological Advancements In Wireless Asset Management
Technological advancements are a key trend gaining popularity in the wireless asset management market. Major companies operating in the wireless asset management market are adopting new technologies to sustain their position in the market. For instance, in April 2021, Sierra Wireless, a Canada-based company that manufactures wireless communications equipment, introduced Acculink Cargo, a new managed Internet of Things (IoT) solution for asset management. It allows companies to quickly deploy and track the location and condition of high-value and sensitive assets, providing near-real-time visibility, global tracking, exception-based monitoring, flexible asset tracking, and configurable location and status reporting.

The wireless asset management market covered in this report is segmented -
1) By Component: Hardware, Software
2) By Application: Asset Monitoring, Loss Prevention, Automate Inventory Control, Other Applications
3) By End-User: Healthcare, Retail, Oil And Gas, Transportation And Logistics, Manufacturing, Energy And Utilities, Other End-User

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Major companies operating in the wireless asset management market report are Microsoft Corporation, Verizon Communications Inc., AT&T Inc., Huawei Technologies Co. Ltd., Hitachi Ltd., Amazon Web Services Inc., T-Mobile US Inc., Siemens AG, General Electric Company, Panasonic Corporation, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Honeywell International Inc., SAP SE, Fujitsu Limited, Hewlett Packard Enterprise Company, Infosys Limited, Stanley Black & Decker Inc., Motorola Solutions Inc., Zebra Technologies Corporation, Trimble Inc., Infor Inc., Hyster-Yale Group Inc., Horizons Incorporated

Contents of the report:
1. Executive Summary
2. Wireless Asset Management Market Report Structure
3. Wireless Asset Management Market Trends And Strategies
4. Wireless Asset Management Market - Macro Economic Scenario
5. Wireless Asset Management Market Size And Growth
…..
27. Wireless Asset Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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