What is Asset-Management Market Scope?
Asset management is the practice of increasing total wealth over time by acquiring, maintaining, and trading investments with the potential to grow in value. Asset management professionals provide this service to others. Portfolio managers and financial advisors are other terms for them. The goal of asset management is to maximize the value of an investment portfolio over time while limiting risk. Financial institutions that cater to high-net-worth individuals, government entities, corporations, and institutional investors such as colleges and pension funds provide asset management as a service. Asset managers are held to fiduciary standards. They make decisions on behalf of their clients and must act in good faith.
Influencing Trend:
Adoption by the Small and Medium Size Enterprises
Market Growth Drivers:
Rise in Demand for Improved Connectivity among the Assets and Increase in the Adoption of Asset Management
Challenges:
Intense Competition in The Asset Management Market
Restraints:
Lack of Proper Standardization and Data Security Issues
Opportunities:
Technological Advancements in the It Sector
The Asset-Management market study is being classified by Type (Digital Assets, Returnable Transport Assets, In-transit Assets, Manufacturing Assets and Personnel/ Staff), by Application and major geographies with country level break-up.
The market for asset management is anticipated to expand with the global marine sector. The market is primarily driven by rising demand for computational solutions to manage asset operations. There are numerous businesses working in the market to offer asset management systems with a variety of functions. Due to the existence of numerous market players, the market is fragmented. Their creative and novel portfolio is drawing attention to them. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Asset-Management market throughout the predicted period.
ABB Inc. (Switzerland), Adobe Systems Incorporated (Unite States), Brookfield Asset Management Inc. (Canada), Honeywell International Inc. (United States), IBM Corporation (United States), Oracle Corporation (United States), Rockwell Automation, Inc. (United States), Siemens AG (Germany), WSP Global Inc. (Canada) and Zebra Technologies Corporation (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Asset-Management market by Type, Application and Region.
On the basis of geography, the market of Asset-Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
On 9th February 2021, Large-scale mergers between former rivals as well as the spinoff of subsidiaries occurred as big banks and activist investors purchased businesses.
On 10th February 2020, develop and introduce new products, asset management (DAM) systems are used. Other often employed technologies for this strategy include product lifecycle management (PLM) and product information management (PIM) systems. Modern DAM systems let businesses look beyond patchwork approaches and short-term fixes that only solve part of the problem.
Key Target Audience
New Entrants/Investors, Research Organizations and Universities, Consulting Companies, Investors and Venture Capitalists, Government Bodies and End Users
Asset-Management Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Asset-Management Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Asset-Management industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.