Global Industrial Remote Asset Management Market 2018-2022
About Industrial Remote Asset Management
Remote Asset Management provides remote monitoring and maintenance of assets such as machines and equipment. This market includes only industrial assets that are part of a plant or an industrial facility.
Technavio’s analysts forecast Global Industrial Remote Asset Management market to grow at a CAGR of 7.72% from 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Industrial Remote Asset Management market for the period 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Industrial Remote Asset Management Market 2018-2022.
Technavio recognizes the following companies as the key players in the Global Industrial Remote Asset Management market for 2018-2022: ABB, General Electric, PTC, Robert Bosch, Rockwell Automation, Schneider Electric
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is the rise of subscription-based software licenses.”
According to the report, one driver in the market is the growing operational dependability for remote operations.
Further, the report states that one challenge in the market is the growing cyber-security issues in asset monitoring.
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