The fixed asset management solutions involve tracking and maintaining physical assets and equipment of any organization. The market is increasingly gaining popularity with the adoption of smart factory and the introduction of industry 4.0. Fixed asset management solutions ensure proper working of material properties and are essential to overcome disruptions of unplanned downtime, equipment failures, lost and misplaced inventory, and failure to meet regulatory standards or compliance.
The fixed asset management solutions market is anticipated to witness high growth with the rising trend of industry 4.0 and growing adoption of preventative maintenance and IoT technology. Besides, the increasing need for efficient asset management systems to reduce operational cost and improve profits is expected to augment market growth. However, lack of awareness of the associated benefits may hamper the growth of the fixed asset management solutions market. On the other hand, the introduction of big data and analytics coupled with a surge in adoption of automation solutions would showcase significant growth opportunities for the fixed asset management solutions market during the forecast period.
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The “Global Fixed Asset Management Solutions Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of fixed asset management solutions market with detailed market segmentation by components, enterprise size, deployment type, industry vertical, and geography. The global fixed asset management solutions market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fixed asset management solutions market players and offers key trends and opportunities in the market.
The List of Companies
1. ABB Group
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fixed asset management solutions market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The fixed asset management solutions market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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This post was originally published on The Picayune Current