DUBLIN--(BUSINESS WIRE)--Dec 22, 2022--

The “Asset Management System: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Asset Management System estimated at US$18.6 Billion in the year 2020, is projected to reach a revised size of US$35.9 Billion by 2027, growing at a CAGR of 9.9% over the analysis period 2020-2027.

Returnable Transport Assets, one of the segments analyzed in the report, is projected to record a 9.4% CAGR and reach US$11.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electronic Assets segment is readjusted to a revised 10.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.1 Billion, While China is Forecast to Grow at 13.3% CAGR

The Asset Management System market in the U.S. is estimated at US$5.1 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$7.4 Billion by the year 2027 trailing a CAGR of 13.2% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.6% and 8.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.1 Billion by the year 2027.

In-Transit Equipment Segment to Record 10.5% CAGR

In the global In-Transit Equipment segment, USA, Canada, Japan, China and Europe will drive the 10.5% CAGR estimated for this segment.

These regional markets accounting for a combined market size of US$2.7 Billion in the year 2020 will reach a projected size of US$5.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 12% CAGR through the analysis period.

Select Competitors (Total 56 Featured) -

• Advantech
• Airista Flow
• Alien Technology
• Centrak
• Datalogic Spa
• Honeywell International, Inc.
• Impinj, Inc
• Iqgeo Group Plc
• Midmark Corporation
• Ncr Corporation

What’s New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Asset Management System - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/afz1yb

View source version on businesswire.com:https://www.businesswire.com/news/home/20221222005495/en/

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KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 12/22/2022 01:13 PM/DISC: 12/22/2022 01:13 PM

http://www.businesswire.com/news/home/20221222005495/en