Remote Asset Management Market - Industry Insights, Drivers, Top Trends, Global Analysis And Forecast to 2026

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Remote Asset Management Market - Industry
Insights, Drivers, Top Trends, Global Analysis
And Forecast to 2026
Remote Asset Management Market By Component
(Solution, Platform, Service), Application
(Building automation, Remote healthcare and
wellness, Smart retail, Utilities and smart
grids, Production monitoring, Connected logistics
and fleet management, Connected agriculture,
Others), Geography (North America, South America,
Europe, Asia-Pacific, Middle East Africa) -
Industry Trends and Forecast to 2026
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Report Description
Global remote asset management market is set to
witness a healthy CAGR of 27.50 in the forecast
period of 2019 to 2026. The report contains data
of the base year 2018 and historic year 2017.
This rise in the market value can be attributed
due to increasing IOT adoption paving the way for
efficient asset management and declining cost of
IOT components leading to cost-effective remote
asset management solution deployment. Remote
asset management allows remote monitoring and
maintenance for organizations across different
sectors of resources, machines and systems. Due
to predictive and preventive maintenance,
implementing a remote asset management solution
enables businesses enhance operational
efficiency. Implementing a remote asset
management solution helps to improve the general
effectiveness of machinery resulting in better
asset management and control. Remote asset
management has been adopted by companies to
enhance remote asset approval and decrease
maintenance costs.
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Major Key Players

• Some of the major players operating in this
  market are
• ATT Intellectual Property
• Cisco Systems, Inc.
• Hitachi, Ltd.
• Infosys Limited
• IBM Corporation, PTC
• Rockwell Automation, Inc.
• Schneider Electric, Inc.
• Verizon
• Goverlan, Inc.
• SAP SE
• Rahi Systems, RCS Technologies,

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Market Segmentation

• By Component (Solution, Platform, Service)
• By Application (Building automation, Remote
  healthcare and wellness, Smart retail, Utilities
  and smart grids, Production monitoring, Connected
  logistics and fleet management, Connected
  agriculture, Others)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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