Product ID: SQMIG45A2214
Report ID:
SQMIG45A2214 |
Region:
Global |
Published Date: February, 2024
Pages:
197
|
Tables:
62 |
Figures:
75
North America is estimated to hold the largest share of the remote asset management market. Wide adoption of advanced technology, availability of advanced telecommunications infrastructure for information sharing, and availability of skilled labor are some of the factors driving the growth of the remote asset management market in North America with devices besides developing integration. For example, by 2023, the United States is expected to have the highest average number of devices and networks per capita, according to Cisco. According to the Fleet technical report by Verizon, which was reviewed by the U.S. Department of Agriculture. Brett executives, Executives, and more than 700 other mobile businesses did accompany him, fleet businesses benefit from investments in after-vessel technology Nearly 96% of fleets in the country use GPS use software for tracking ships. Then, 32% of respondents reported a positive return on investment (ROI) in just six months of implementing fleet management technology, while respondents of 1,200 45% achieved a positive ROI in 11 months or less with a fleet management solution. The recently launched 2021-2024 Digital Operations Strategy Plan (DOSP), provides strategic direction for the Government of Canada’s digital ambitions across infrastructure, information, data, IT, and cybersecurity. The DOSP provides six strategic themes together: IT, Digital Identity, and Organization Transformation. This policy by the government highlights the importance of digital transformation, which calls for the preservation of digital assets created during use.
Asia Pacific is expected to have significant growth in remote asset management due to the acceptance of cloud based solutions and emerging technologies including big data analytics, mobility, and internet of things (IoT). Also, the region is among the largest markets of connected devices that need asset management. Further, several countries in the region are anticipated to adopt remote asset management solutions due to the increasing demand in industries such as retail, building automation, logistics and transportation, utility industries, and healthcare. Additionally, emerging countries such as China, India, and Japan are expected to drive the growth of the remote asset management market soon.
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Product ID: SQMIG45A2214