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Asset Management System Market Worth 25.55 Billion USD by 2022


News provided by

MarketsandMarkets

04 Jan, 2017, 15:30 GMT

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PUNE, India, January 4, 2017 /PRNewswire/ --

According to the new market research report, "Asset Management System Market by Solution (RFID, RTLS, GPS and Barcode), Asset Type (Electronics Assets, Returnable Transport Assets, In-Transit Equipment, Manufacturing Assets and Personnel), Industry and Geography - Global Forecast to 2022", published by MarketsandMarkets, the market was valued at USD 9.43 Billion in 2015 and is expected to reach USD 25.55 Billion by 2022, at a CAGR of 15.17% between 2016 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 85 market data Tables and 64 Figures spread through 180 Pages and in-depth TOC on "Asset Management System Market"

http://www.marketsandmarkets.com/Market-Reports/asset-management-system-market-255619316.html

Early buyers will receive 10% customization on this report.

Asset management solutions reduce inventory and stock management cost and effectively utilize existing equipment through tracking and monitoring both in real time and non-real time, thereby helping organizations to achieve their objectives. These factors are driving the growth of the asset management system market.

"Retail industry to hold the largest share of the asset management system market"

Inventory management, asset tracking, shelf stocking, check-out process management, and counterfeiting elimination are some of the key applications of asset management systems in the retail industry, which includes departmental stores and supermarkets. The barcode and passive radio-frequency identification (RFID) solutions are widely used in the retail industry, worldwide. Point-of-sale (POS) barcode scanners are used to read 2D barcode labels and rewards/loyalty cards, while passive tags are primarily used for apparel tagging.

"RTLS solution is expected to grow at the highest rate in the asset management system market between 2016 and 2022" 

Real-Time Location System (RTLS) solutions have been widely adopted in the healthcare industry since a long time. RTLS technology has emerged with the maturity of barcode and passive RFID systems. RTLS solutions help track work-in-process carriers, containers, valuable equipment, and personnel. Moreover, RTLS solutions provide real-time monitoring of the operations in an enterprise, thereby ensuring smooth production. Considering all these factors, RTLS solution is expected to grow at the highest rate between 2016 and 2022.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=255619316

"Returnable transport assets to hold the largest market share in the asset management system market" 

Returnable assets are been used in almost all type of industries, thus holding a major share of the asset management system market. Returnable transport items plays a key role in the supply chain of the business, therefore their tracking and monitoring is important. There is a widespread usage of this function in industries such as automotive, beverage, grocery, food processing, fruit and vegetable, dairy, retail, medical, pharmaceutical, home improvement, raw materials, and postal services among others. Barcodes, passive RFID, and wireless fidelity (Wi-Fi) tags among other technologies are used to track the asset, increase the productivity, and reduce human efforts.

"North America to hold the largest market share in the asset management system market" 

North America is likely to account for the largest share of the asset management system market owing to the presence of several retail giants (such as Walmart, Macy, Kohls, and Nordstrom) and well developed healthcare systems and transport infrastructure in the region. The asset management system market in North America is dominated by the U.S. Many companies in the asset management system market are located in North America.

Buy Now @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=255619316

The major players in the asset management system market are Datalogic S.p.A (Italy), Honeywell International Inc. (U.S.),  Impinj, Inc. (U.S.), Mojix, Inc. (U.S.), Sato Holdings Corporation (Japan), Stanley Black and Decker, Inc. (U.S.), TomTom International BV (Netherlands), Topcon Corporation (Japan), Trimble Inc. (U.S.), Ubisense Group Plc. (U.K.), and Zebra Technologies Corporation (U.S.) among others.

Browse Related Reports 

Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, and Service), Technology (RFID, W-Fi, UWB, BLE, Infrared), Application (Inventory & Asset - Tracking & Management), Vertical, and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/real-time-location-systems-market-1322.html

RTLS Market for Healthcare by Facility Type (Hospitals and Health Facilities and Senior Living Facilities), Offering (Hardware, Software, and Services), Technology (RFID, Wi-Fi, BLE, and UWB), Application, and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/rtls-healthcare-market-19089515.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


Contact:
Mr. Rohan
Markets and Markets
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Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Email: sales@marketsandmarkets.com


Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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