From GlobeNewswire: 2025-05-26 07:06:00

The Global Asset Monitoring Market is experiencing substantial growth due to government regulations for asset management and increased adoption of IoT-based monitoring. Key industries like manufacturing, energy, and healthcare are leveraging asset monitoring to enhance productivity, with the market projected to surpass USD 13 billion by 2037. Major players include IBM, GE, Siemens, ABB, and Schneider Electric.

Government initiatives worldwide are driving the demand for advanced asset management systems. Germany’s investment ordinance upgrade requires 5% of German Pension Funds’ total collateral assets to be invested, amounting to EUR 5 trillion for climate neutrality by 2045. Technological solutions like AI-powered asset monitoring and 5G remote monitoring are crucial for businesses to meet sustainability goals.

Technological advancements like AI-powered monitoring tools and 5G technology are revolutionizing asset monitoring across industries. AI-driven solutions from companies like Pepperl+Fuchs and Salesforce enable real-time asset analysis and data management, while 5G technology offers faster, more efficient remote monitoring capabilities. These innovations help businesses optimize operations, reduce downtime, and enhance security.

In the Global Asset Monitoring Market, hardware components dominated in 2024, with software split between on-premise and cloud solutions. Large enterprises were the primary users of asset monitoring, particularly in the manufacturing sector. The market segmentation also includes end users like chemicals, oil and gas, healthcare, and construction, with manufacturing leading the market in 2024.

Collaboration and partnerships among key players are driving innovation in asset monitoring solutions. Companies like Yokogawa Electric, ABB Motion, and Emerson are investing in AI and advanced software to enhance asset performance management. These developments aim to transform industrial operations by providing real-time data for better decision-making and operational efficiency.

The increasing adoption of IoT and AI-based asset monitoring solutions in European countries is fueling market growth. Companies in Finland, Sweden, Belgium, the Netherlands, and Germany are leveraging these technologies to monitor assets, prevent disruptions, and improve productivity. The report from The Insight Partners offers valuable insights for stakeholders navigating the evolving asset monitoring landscape.

For further information on the Global Asset Monitoring Market and related reports, visit The Insight Partners website. Contact Ankit Mathur via email at [email protected] or call +1-646-491-9876 for inquiries or to purchase the full report. Explore trending topics like IoT-based asset tracking, 3D digital assets, and enterprise asset management to stay informed on industry developments and opportunities.



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