Asset Management Market

By Component;

Solution [Real-Time Location System (RTLS), Barcode, Mobile Computer, Labels and Global Positioning System (GPS)] and Service [Strategic Asset Management, Operational Asset Management and Tactical Asset Management]

By Asset;

Digital Assets, Returnable Transport Assets, In-Transit Assets, Manufacturing Assets and Personnel & Staff

By Function;

Location & Movement Tracking, Check-In/Check-Out, Repair & Maintenance and Others

By Application;

Infrastructure Asset Management [Transportation, Energy Infrastructure, Water & Waste Infrastructure and Critical Infrastructure], Enterprise Asset Management, Healthcare Asset Management, Aviation Asset Management and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn574637390 Published Date: September, 2025 Updated Date: November, 2025

Asset Management Market Overview

Asset Management Market (USD Million)

Asset Management Market was valued at USD 655,652.91 million in the year 2024. The size of this market is expected to increase to USD 3,269,177.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 25.8%.


Asset Management Market

*Market size in USD million

CAGR 25.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)25.8 %
Market Size (2024)USD 655,652.91 Million
Market Size (2031)USD 3,269,177.36 Million
Market ConcentrationLow
Report Pages371
655,652.91
2024
3,269,177.36
2031

Major Players

  • Amundi Asset Management
  • BNY Mellon
  • Capital Group Companies
  • Allianz

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Asset Management Market

Fragmented - Highly competitive market without dominant players


The Asset management enhances organizational performance by maximizing asset value and ensuring optimal utilization. More than 45% of businesses have embraced structured approaches to reduce inefficiencies, improve operational control, and extend asset lifecycle outcomes.

Digital Transformation Driving Adoption
Emerging technologies such as artificial intelligence, IoT, and cloud platforms are reshaping asset management strategies. Nearly 40% of enterprises have implemented digital solutions for predictive analytics and real-time monitoring, strengthening data-driven decision-making.

Efficiency as a Key Driver
With 50% of organizations prioritizing cost savings and productivity, asset management systems play a vital role in workflow optimization. These practices help minimize downtime, improve allocation of resources, and enhance business continuity.

Strengthening Risk & Compliance
Over 35% of enterprises rely on asset management tools to meet compliance requirements and reduce financial risks. By promoting accountability and transparent processes, these systems ensure reliable and sustainable operations.

Positive Growth Trajectory
The asset management market continues to expand, with 55% of companies planning further investments in advanced monitoring technologies. Continuous innovation and automation trends are expected to accelerate integration across diverse industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Asset
    3. Market Snapshot, By Function
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Asset Management Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Wealth Worldwide
        2. Technological Advancements
        3. Regulatory Changes
      2. Restraints
        1. Market Volatility and Uncertainty
        2. Fee Pressure
        3. Cybersecurity Risks
      3. Opportunities
        1. Evolving Investor Preferences
        2. Expansion in Emerging Markets
        3. Integration of ESG Factors
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Asset Management Market, By Component, 2021 - 2031 (USD Million)
      1. Solution
        1. Real-Time Location System (RTLS)
        2. Barcode
        3. Mobile Computer
        4. Labels
        5. Global Positioning System (GPS)
      2. Service
        1. Strategic Asset Management
        2. Operational Asset Management
        3. Tactical Asset Management
    2. Asset Management Market, By Asset, 2021 - 2031 (USD Million)
      1. Digital Assets
      2. Returnable Transport Assets
      3. In-Transit Assets
      4. Manufacturing Assets
      5. Personnel & Staff
    3. Asset Management Market, By Function, 2021 - 2031 (USD Million)
      1. Location & Movement Tracking
      2. Check-In/Check-Out
      3. Repair & Maintenance
      4. Others
    4. Asset Management Market, By Application, 2021 - 2031 (USD Million)
      1. Infrastructure Asset Management
        1. Transportation
        2. Energy Infrastructure
        3. Water & Waste Infrastructure
        4. Critical Infrastructure
      2. Enterprise Asset Management
      3. Healthcare Asset Management
      4. Aviation Asset Management
      5. Others
    5. Asset Management Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BlackRock
      2. Vanguard Group
      3. Fidelity Investments
      4. State Street Global Advisors
      5. J.P. Morgan Asset Management
      6. Allianz Global Investors
      7. Capital Group
      8. Amundi Asset Management
      9. Legal & General Investment Management
      10. Franklin Templeton
      11. Invesco
      12. UBS Asset Management
      13. Goldman Sachs Asset Management
      14. Schroders
      15. PIMCO
  7. Analyst Views
  8. Future Outlook of the Market