Asset Management System Market Size and Forecast, by Asset Type (Returnable Transport Assets, Electronics Assets, In-Transit Equipment); Component (Solution, Service); Application (Healthcare, Public, Retail, Hospitality, Industrial Manufacturing, Energy Utilities, Aviation) - Growth Trends, Key Players, Regional Analysis 2026-2035

  • Report ID: 5113
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT

Asset Management System Market Outlook:

Asset Management System Market size was valued at USD 18.96 billion in 2025 and is likely to cross USD 40.18 billion by 2035, expanding at more than 7.8% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of asset management system is assessed at USD 20.29 billion.

Asset Management System Market Size
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The major element to drive the market demand is the growth in the number of students taking online education. Currently, more than 2 million students all across the world are completing their higher education by taking online education. Also, the digital assets made available to students taking online education is grown drastically over the last decade. Hence, institutions are looking forward to boost their adoption of asset management systems.

Furthermore, the risk of cyberattacks on educational institutions growing with the woke of digitalization. Worldwide, about 63% of higher education institutions and approximately 55% of K–12 schools report having had an attack in the year 2021. Since, educational institution store data regarding students' personal life in digital format, this data is set to be hacked. Therefore, with the adoption of an asset management system, the institution would be able to keep track of the assets further generating alerts.

Key Asset Management System Market Insights Summary:

  • Regional Highlights:

    • The North America asset management system market will hold over 34% share by 2035, driven by presence of a large number of IT companies, growing integration of artificial intelligence in IoT and machine learning, and rise in small businesses.
    • The Asia Pacific market will experience noteworthy growth during the forecast timeline, attributed to popularity of smart vehicles and deployment of asset management systems for real-time tracking.
  • Segment Insights:

    • The in-transit equipment segment in the asset management system market is expected to hold a 51% share by 2035, driven by its growing importance in the value chain, especially timely delivery in logistics.
    • The healthcare segment segment in the asset management system market is anticipated to secure the largest share by 2035, fueled by the growing importance of asset management systems in healthcare.
  • Key Growth Trends:

    • Growing Importance of Asset Management in the Construction Sector
    • Surge in Mining Activities
  • Major Challenges:

    • Problem of Ownership
    • Lack of Knowledge Regarding
  • Key Players: ABB Ltd., Adobe, Brookfield Asset Management, Honeywell International Inc., IBM Corp., Oracle Corporation, Rockwell Automation, Siemens AG, WSP Global Inc., Zebra Technologies Corporation.

Global Asset Management System Market Forecast and Regional Outlook:

  • Market Size & Growth Projections:

    • 2025 Market Size: USD 18.96 billion
    • 2026 Market Size: USD 20.29 billion
    • Projected Market Size: USD 40.18 billion by 2035
    • Growth Forecasts: 7.8% CAGR (2026-2035)
  • Key Regional Dynamics:

    • Largest Region: North America (34% Share by 2035)
    • Fastest Growing Region: Asia Pacific
    • Dominating Countries: United States, China, Germany, United Kingdom, Japan
    • Emerging Countries: China, India, Japan, Singapore, South Korea
  • Last updated on : 11 September, 2025

Growth Drivers

  • Growing Importance of Asset Management in the Construction Sector: A construction project has many moving components, from the initial project plans to the final transfer of assets to the corporation that hired your organization. Hence, it is critical to have the appropriate asset management systems. Additionally, the probability of safety issues on the construction sites is decreased by having an asset management system in place. By keeping assets optimized in order to satisfy performance and safety standards, companies will also lessen the risk of employee injuries caused by subpar equipment as well as ensure compliance standards.
  • Surge in Mining Activities: With the growing demand for minerals, mining activities are also set to rise. Similar to the construction industry the risk to the worker’s life is also high in mining activities. Hence, asset management systems ensure that the workers are safe. To prevent deterioration, machinery including dewatering, centrifugal, and piston pumps have to be constantly thoroughly tested. When repairs are required, it is critical that managers possess accurate and timely insight into the availability of tools, equipment, and replacement parts. Hence, the asset management system provides that.
  • Rise in the Use of Asset Management by the Government: Government agencies have an abundance of resources at their access. They comprise a huge quantity of goods, including furniture, vehicles, and everyday gadgets such as computers. Every asset is required for the office to operate. Without an asset management system, a government organization might expose to a lot of hazards. The absence of such a mechanism may result in asset loss or misplacement.

Challenges

  • Problem of Ownership
  • Lack of Knowledge Regarding – A large number of companies still depend on traditional ways of managing assets owing to a lack of knowledge regarding this system. Also, the cost of the asset management system is high. Hence, the preference for the traditional method is high. As a result, these factors are set to restrain the asset management system market demand.
  • Lack of Accuracy  

Asset Management System Market Size and Forecast:

Report Attribute Details

Base Year

2025

Forecast Period

2026-2035

CAGR

7.8%

Base Year Market Size (2025)

USD 18.96 billion

Forecast Year Market Size (2035)

USD 40.18 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)

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Asset Management System Market Segmentation:

Application 

The healthcare segment in the asset management system market is projected to have the largest revenue share by the end of 2035. Any asset-intensive company, especially those in the healthcare industry, runs a number of hazards if assets are not managed properly. The use of outmoded technology or spreadsheet-based equipment management poses risks, probably. One of the major issues could be the growth in stealing assets from hospitals. Healthcare asset analysis, monitoring, and reporting are all made possible through asset management systems. It is simpler to track equipment data when compliance and asset reporting are prioritized. Therefore, the importance of asset management systems is growing in healthcare.

Asset Type 

Asset management system market from the in-transit equipment segment is set to have significant growth by generating a share of approximately 51% over the forecast period. This could be backed by its growing importance in the value chain and hence this influences the growth of the business. For instance, the timely delivery of consignments is essential for third-party logistics (3PL) organizations. Consignment delivery delays may result in lower product sales, lower profitability, and dissatisfied consumers.

Our in-depth analysis of the global asset management system market includes the following segments:

 

            Asset Type

  • Returnable Transport Assets
  • Electronics Assets
  • In-Transit Equipment

           Component

  • Solution
  • Service

            Application

  • Healthcare
  • Public Sector
  • Retail
  • Hospitality
  • Industrial Manufacturing
  • Energy Utilities
  • Aviation
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Asset Management System Market Regional Analysis:

North American Market Insights

The asset management system market in the North America is estimated to gather 34% revenue share by the end of 2035, owing to the presence of a large number of IT companies. There were expected to be at least 584,000 IT enterprises in the US by the end of 2021.

Additionally, the growing integration of artificial intelligence in IOT and machine learning along with other advanced technology is also set to influence the boost the asset management system market demand in this region. Furthermore, with the rise in small businesses, the need to manage assets is on the surge. Small business tends to cause a huge waste of assets since they lack in tracking them and further identifying which one is important. Hence, with the adoption of an asset management system, small businesses are also able to save huge revenue.

APAC Market Insights

The Asia Pacific asset management system market is set to have noteworthy growth over the forecast period. The popularity of smart vehicles is growing in the Asia Pacific region, therefore the deployment of asset management system. Real-time tracking of automotive assets is one benefit of employing an asset management system in place. The usage of common asset monitoring methods in the region, such as asset tags with barcodes and QR codes, GPS trackers, Bluetooth beacons, and RFID tags, makes this achievable.

Asset Management System Market Share
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Asset Management System Market Players:

    • ABB Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Adobe
    • Brookfield Asset Management
    • Honeywell International Inc.
    • IBM Corp.
    • Oracle Corporation
    • Rockwell Automation
    • Siemens AG
    • WSP Global Inc.
    • Zebra Technologies Corporation

Recent Developments

  • Rockwell Automation introduced My Equipment Digital, a network-based device which may now be used to gather and update industrial automation asset data digitally. Firmware data and a once-only vulnerability evaluation are included in the digital collecting method.
  • The WSP Global Inc., team takes delight in setting the bar as high as possible and providing clients with the greatest asset management knowledge possible to position them for the future. WSP's global Asset Management team took part in the ISO TC251 Asset Management Plenary, which was held in Philadelphia, Pennsylvania, early in May 2023, to revise the ISO 55000 family of standards for Asset Management Systems.
  • Report ID: 5113
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

In the year 2026, the industry size of asset management system is assessed at USD 20.29 billion.

The global asset management system market size was valued at over USD 18.96 billion in 2025 and is expected to expand at a CAGR of around 7.8%, surpassing USD 40.18 billion revenue by 2035.

The North America asset management system market will hold over 34% share by 2035, driven by presence of a large number of IT companies, growing integration of artificial intelligence in IoT and machine learning, and rise in small businesses.

Key players in the market include ABB Ltd., Adobe, Brookfield Asset Management, Honeywell International Inc., IBM Corp., Oracle Corporation, Rockwell Automation, Siemens AG, WSP Global Inc., Zebra Technologies Corporation.
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