The global asset management market is expected to reach USD 4,143.60 billion by 2030, driven by the ability of asset management solutions to enhance operational efficiency, optimize resource utilization, and increase profitability. Organizations are investing in advanced and innovative solutions such as Artificial Intelligence (AI), predictive maintenance, Augmented Reality (AR), Internet of Things (IoT), and telematics to accurately assess performance of their physical assets. Cloud-based solutions and services are also being adopted to reduce temporal, financial, and spatial commitments.
