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Wireless Asset Management Market Share

Report ID: GMI7268
Published Date: Nov 2023
Report Format: PDF

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Wireless Asset Management Market Share

The major players operating in the wireless asset management industry are:

Cisco Systems Inc.
Hitachi Ltd.
IBM Corporation
Infosys Limited
Moog Inc.
RCS Technologies (RCS)
Securitas AB
Siemens AG
Teletrac Inc.
Verizon Communications Inc.

The major players operating in the market are focused on expanding the range of wireless asset management solutions offered, including asset tracking, remote monitoring, predictive maintenance, and data analytics. Also, these companies focus on developing industry-specific solutions to meet the unique needs of various industries including healthcare, logistics, manufacturing.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The wireless asset management industry was valued at USD 16.6 billion in 2022 and is estimated to register over 13.5% between 2023 and 2032.

The manufacturing segment accounted for a market share of around 27% in 2022 and is anticipated to grow through 2032 owing to the inclination toward smart manufacturing practices, leading to increasing adoption of IoT sensors, AI-driven analytics, and RFID technology to ensure precise asset tracking, predictive maintenance, and streamlined operations.

North America wireless asset management industry share was around 34% in 2022 and is expected to grow significantly through 2032 owing to robust technological advancements and adoption of innovative solutions across the region.

Cisco Systems Inc., Hitachi Ltd., IBM Corporation, Infosys Limited, Moog Inc., RCS Technologies (RCS), Securitas AB, Siemens AG, Teletrac Inc., and Verizon Communications Inc.