openPR Logo
Press release

Remote Asset Management Market - Detailed Analysis and Forecast 2017-2025

02-09-2018 05:03 AM CET | IT, New Media & Software

Press release from: TMR Research

Remote Asset Management Market - Detailed Analysis and Forecast

Global Remote Asset Management Market: Overview

Remote asset management is the remote monitoring and maintenance of assets, equipment, and systems using a central system. Various functionalities of such a system include intrusion detection, asset control and tracking, and real-time notifications. A remote asset management system enables enterprises to automate several routine business tasks and make optimal use of resources, which helps simplify decision making. Driven by numerous operational and strategic benefits of remote asset management systems, they are increasingly being implemented by enterprises to improve service performance for all its assets.

Massive advancement in IoT and machine learning technologies, coupled with constant digital transformation, has increased the capabilities of remote asset management. Adoption of remote asset management systems has helped businesses augment their return on investment (ROI).

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2126

Global Remote Asset Management Market: Key Trends

Soaring adoption of IoT among organizations has led to a surge in connected devices that can integrate different elements of the asset lifecycle. This is a key factor propelling the remote asset management market. Declining cost of IoT components has spurred the demand for remote asset management systems worldwide. In addition, the increasing need for predictive and preventive maintenance and real-time monitoring across organizations has stimulated the demand for remote asset management system.

Furthermore, the implementation of remote asset management systems has helped asset-intensive enterprises boost the returns on their investments, thereby accelerating the deployment of remote asset management solutions and platforms. The advent of cloud-based remote asset management solutions has made the deployment cost-effective, creating new opportunities for vendors in the market.

Global Remote Asset Management Market: Market Potential

In April 2017, Trimble Inc., headquartered in California, inked a partnership with Railhead Corporation, an emerging provider of digital video solutions in Illinois focused on the transportation industry, to integrate real-time monitoring, asset diagnostics, and onboard video capabilities in remote asset management system. The partnership will help in the optimal utilization of locomotive assets and enable end-use operators to improve productivity in North American railways.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=2126

The collaboration will allow Railhead to get access to the Trimble R2M system to improve safety, tracking, and operations in rail operations. The R2M system helps in real-time monitoring of rail assets and provides condition-based reporting on the status of its various onboard systems. Fed by a wealth of real-time data from on-train event recording equipment, the system can deliver fault alerts to control rooms, which helps in proactive condition-based maintenance of train operations.

Trimble R2M system was first launched in Europe a decade ago and has already been successfully adopted by big rail operators such as Greater Anglia in the U.K., the Irish Rail, and Varkaus Railways in Finland. The collaboration incorporates the integration of video data streams from Railhead’s locomotive digital video recorders (LDVR) with the real-time system data feeds from the Trimble R2M system. The integrated product portfolio further includes an end-to-end interface module and an onboard condition monitoring device. The solution is considered to be highly modular, which will help railway operators scale the solution according to their expanding requirements without significant up-front cost.

Global Remote Asset Management Market: Regional Outlook

Geographically, North America is a prominent market for remote asset management systems. The growth of the regional market is propelled by considerable advancement in IoT, rapid pace of digitization, and increasing adoption of real-time automated solutions across organizations. In addition, an increasingly large presence of regional solution providers who offer cloud-based remote asset management solutions is expected to trigger the demand for remote asset management in North America.

Enquiry For Discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=2126

Meanwhile, Asia Pacific is expected to expand at an impressive CAGR over the forecast period. The growth of the Asia Pacific market is attributed to growing popularity of IoT among businesses to manage and streamline their asset lifecycle.

Global Remote Asset Management Market: Competitive Analysis

Several vendors in the remote asset management market are offering end-to-end solutions, on-premise as well as cloud-based deployment model, to consolidate their shares in major regions. Leading players operating in this market include Cisco Systems, Inc., AT&T Inc., Schneider Electric SE, Hitachi, Ltd., Infosys Limited, Rockwell Automation, Inc., SAP SE, and Verizon Communications, Inc.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Remote Asset Management Market - Detailed Analysis and Forecast 2017-2025 here

News-ID: 937554 • Views: 155

More Releases from TMR Research

Process Safety System Market Overview, Segmentation, Manufacturing, Opportunitie …
Global Process Safety System Market: Snapshot The number of safeguarding measures implemented today is very high on account of the increasing concerns over safety. However, the results are still not very positive. This is especially true for the various process industries that are vulnerable to accidents. Thus, the demand for process safety systems is expected to rise in the coming years for the application of several layers of protection. Process
Satellite Manufacturing Market Overview, Trends, Leading Companies, Types, Appli …
Global Satellite Manufacturing Market: Snapshot With both developing and developed countries focusing on space missions and looking forward to enhance their communication technologies, the demand for satellite manufacturing is increasing with every passing day. The installation of satellite technology is intense in many countries as they witness high demand for advanced digital streaming of contents. The fueling demand for commercial satellites along with military satellites is likely to play a key
Steam Turbine Market Regional Outlook (North America, Latin America, Europe, Asi …
Global Steam Turbine Market: Snapshot With the assistance of blades joined to a rotor, the steam turbines change thermal energy of steam into mechanical energy. The turbine begins to turn when steam of high pressure goes through the succession of rotor blades. With the developing populace over the world, and robust urbanization in developing economies, the continuous demand for power and energy is heightening reliably, and therefore, the demand in the
Power Transmission Components Market will grow at a robust pace between 2017 and …
Global Power Transmission Components Market: Overview Advancement of several industries and robust urbanization have set off a noteworthy rush of power and energy in the last couple of years. This has raised worries about high utilization of energy and has started a discussion among countries to devise approaches to check power a use. Altogether, the two variables have brought about a colossal interest for control transmission components, which are known to

All 5 Releases


More Releases for Remote

Remote Support Software Market Is Thriving Worldwide
Unlock new opportunities in Remote Support Software market; the latest release from HTF MI highlights the key market trends impacting the growth of the global Remote Support Software market HTF MI published a new industry research that focuses on Remote Support Software market and delivers in-depth market analysis and future prospects of Global Remote Support Software market. The study covers significant data which makes the research document a handy resource
Global Remote Patient Monitoring Market 2017-2021
"The Report Global Remote Patient Monitoring Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Remote Patient Monitoring Remote patient monitoring is a branch of telemedicine that focuses on providing healthcare services to patients with chronic diseases in their homes. Caregivers can use the remote interface to gather patient data. The highest market demand for remote patient monitoring is for cardiac
How to find remote internships
If for non-public reasons you are not able to wait a traditional internship, look for far flung internships. They'll assist you learn how corporations function, what they expect of employees and how you may in shape in. You may examine and also earn a certificate of entirety that comes accessible whilst looking for a process. Dallas, TX – July 5, 2017. Interloper Inc. declares their name for remote interns in different
Global Remote Vehicle Shutdown Market
The significant rise in the theft of vehicles and cargos has triggered for the need of automated systems that help in securing the vehicle or the cargo. Even after being equipped with security systems such as complex electronics and alarm systems; the transportation industry is still witnessing huge losses due to theft of vehicle and cargo and thus is vulnerable. Remote immobilization proves to be a viable
Intelligent Remote Terminal Unit Market 2017
Market Research Analysts forecast the global intelligent RTU market to grow at a CAGR of 7.24% during the period 2017-2021. RTU is a control device that helps the master device, SCADA, to monitor and communicate with devices in the grid placed in different geographical locations. RTUs can be used in a broad range of electrical and process automation devices wherever SCADA is required to monitor and control the equipment. They are
Remote Desktop for the Mac
AnyDesk publishes first public beta for macOS Stuttgart, 07 July 2016 – AnyDesk, the remote desktop software specialists (www.anydesk.com), are for the first time presenting a Mac version of their solution of the same name. The public beta can now be downloaded for macOS, supplementing the existing Windows and Linux versions. This software enables users to conveniently control a computer via the Internet by remote access. For example, AnyDesk can be