Global Industrial Asset Management Market Size & Outlook
Global industrial asset management market, 2018-2030 (US$M)
Related Markets
Global industrial asset management market highlights
- The global industrial asset management market generated a revenue of USD 182,979.2 million in 2024 and is expected to reach USD 506,063.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 19% by 2030.
- In terms of segment, services accounted for a revenue of USD 93,579.1 million in 2024.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 182,979.2 million |
| Market revenue in 2030 | USD 506,063.9 million |
| Growth rate | 19% (CAGR from 2025 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 33.6% of the global industrial asset management market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 51,163.4 million by 2030.
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Industrial Asset Management Market Scope
Industrial Asset Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GoCodes | View profile | 1-10 | Minnetonka, Minnesota, United States, North America | https://gocodes.com |
| Asset Panda | View profile | 51-100 | Frisco, Texas, United States, North America | https://www.assetpanda.com |
| AssetWorks | View profile | 5001-10000 | Wayne, Pennsylvania, United States, North America | https://www.assetworks.com/ |
| Accruent | View profile | 1001-5000 | Austin, Texas, United States, North America | http://www.accruent.com |
| Hitachi Energy | View profile | 10001+ | Zürich, Zurich, Switzerland, Europe | https://www.hitachienergy.com/ |
| ABB Ltd ADR | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Hexagon AB ADR | View profile | 24091 | Lilla Bantorget 15, Stockholm, Sweden, SE-111 23 | https://www.hexagon.com |
| GE Vernova Inc | View profile | - | 58 Charles Street, Cambridge, MA, United States, | https://www.gevernova.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Global industrial asset management market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial asset management market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 51.14% in 2024. Horizon Databook has segmented the Global industrial asset management market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Industrial Asset Management Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Real-Time Location System (RTLS)
- Barcode
- Other Hardware
- Labels
- Global Positioning System (GPS)
- Mobile Computer
- Software
- Check In/Check Out
- Other Software
- Repair & Maintenance
- Location & Movement Tracking
- Services
- Tactical Asset Management
- Strategic Asset Management
- Operational Asset Management
- Hardware
- Global Industrial Asset Management Asset Type Outlook (Revenue, USD Million, 2018-2030)
- Returnable Transport Assets
- Manufacturing Assets
- Other Asset Type
- IT Asset
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Target buyers of Global industrial asset management market databook
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Our clientele includes a mix of industrial asset management market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global industrial asset management market , including forecasts for subscribers. This global databook contains high-level insights into Global industrial asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global industrial asset management market size, by regions, 2018-2030 (US$M)
Top 10 countries: Industrial asset management market size, 2024 (US$M)
Global industrial asset management market share, by asset type, 2024 & 2030 (%, US$M)
Industrial asset management market: Opportunity assessment by country
Global industrial asset management market, by region, 2024 (US$M)
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