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Asset Management System Market worth $26.41 billion by 2030 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Jan. 9, 2025 /PRNewswire/ — The asset management system market is expected to reach USD 26.41 billion by 2030 from USD 17.64 billion in 2025, at a CAGR of 8.4% from 2025 to 2030 according to a new report by MarketsandMarkets™. The asset management system is a solution that is applied to monitor and track down assets in the retail, transportation, logistics, healthcare, and industrial manufacturing industries. The asset management system market is experiencing significant growth mainly due to advancements on the Internet of Things (IoT) and Artificial Intelligence (AI), an increase in the adoption of Global Positioning System (GPS) tracking devices, and government initiatives and regulations to support the adoption of asset management.

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Browse in-depth TOC on “Asset Management System Market” 
180 – Tables
65 – Figures
250 – Pages

Asset Management System Market Report Scope:

Report Coverage

Details

Market Revenue in 2025

$ 17.64 billion

Estimated Value by 2030

$ 26.41 billion

Growth Rate

Poised to grow at a CAGR of 8.4%

Market Size Available for

2021–2030

Forecast Period

2025–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Technology, Asset Type, Function, Offering, Deployment Type, Organization Size, End User, and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

In balancing accuracy and power consumption in tracking

Key Market Opportunities

Standardization and advancements in automation

Key Market Drivers

Advancements in IoT and AI

The retail segment is expected to hold the largest market share during the forecast period.

The retail sector holds the largest market share during the forecast period of the asset management system market due to the rising demand for effective inventory management, asset tracking in real-time, and higher operational efficiency. RFID, IoT, and cloud-based solutions are progressively being implemented across retailers to manage their supply chain efficiently. Moreover, the retail sector is rapidly transforming and investing in automation and smart stores, using advanced technologies such as AI and ML. As e-commerce grows, demand for high-volume inventory management and distribution systems increases. Retailers find asset management systems useful in terms of maintaining product availability and order fulfillment in a quick and efficient manner. Furthermore, manufacturers and solution providers emphasize on offering tailored asset management solutions for the retail sector that are cost-effective and scalable. These trends pave the way for major growth in the retail industry during the forecast period.

The software segment is expected to exhibit the second-highest CAGR during the forecast period.

The software segment is expected to register the second-highest CAGR in the offering segment of the asset management system market during the forecast period. The software solutions are vital in integrating and managing data from hardware components, including RFID tags, sensors, and GPS trackers. This growth is driven by the increasing demand for smart, automated asset management solutions that streamline operations and improve decision-making across various industries, including retail, healthcare, and manufacturing. Advanced software solutions such as cloud-based, IoT-enabled applications and Al-driven analytics have enabled organizations to achieve real-time insights, predictive maintenance capabilities, and enhanced operational efficiency. The rapid digitalization of business processes and increasing usage of IoT technology create a huge demand for advanced asset management software. Moreover, the emerging focus on automation and data-based decision-making increases the demand for advanced software platforms with end-to-end asset management capabilities. Ongoing R&D investments and the compatibility of Al and machine learning with software applications further drive market growth for software offerings during the forecast period.

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North America is expected to hold the largest market share during the forecast period.

North America is projected to hold the largest share of the asset management system industry owing to substantial investment in research and development and well-established infrastructure for retail and healthcare. The market’s growth can be attributed to the rising demand for effective asset tracking, monitoring, and optimization in various end users, such as manufacturing, healthcare, logistics, and retail. The high penetration of advanced technologies such as IoT, RFID, and AI-enabled systems has paved the way for developing innovative solutions that support the rising demand for automation and efficiency in operations. The other factor that has led to the increasing adoption of asset management systems in the region is government policies favoring digital transformation in supply chain management. Additionally, the growth in the region is further driven by the presence of leading market players and solution providers who offer technologically advanced, customized, and large-scale implementations of asset management systems. Furthermore, the growing interest in cloud-based solutions and Industry 4.0 practices among end-users further propels the growth of the North American market during the forecast period.

Key Players

The key players in the asset management system companies with a significant global presence include Zebra Technologies Corp. (US), Honeywell International, Inc. (US), Siemens AG (Germany), Trimble Inc. (US), Motorola Solutions (US), TrackX Inc. (US), Checkpoint Systems (US), Impinj, Inc. (US, Datalogic S.p.A. (Italy), Infor Inc (US), GE Healthcare (US).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

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RFID Market by Tags, Readers (Fixed, Handheld, Wearable), Form Factor (Card, Label, Key Fob and Token, Band, Paper and Inlay, Implantable), Frequency (Low, High, Ultra-high), Inventory and Asset Management, Ticketing – Global Forecast to 2033

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“What If We Had This in 2020?” Data Viz 4 Good Bridges the Fortune 100 Data Gap for the Social Sector

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SAN FRANCISCO, May 5, 2026 /PRNewswire/ — Data Viz 4 Good (DV4G) today announced the launch of its ImpactIQ platform, a breakthrough SaaS solution transforming how the social sector visualizes mission-critical data.

For founders Tyra Jean and Vanessa Francesca Ortega, both Ronald E. McNair Baccalaureate Scholars, the mission began with a pivotal question: “What if we had Data Viz 4 Good at Syracuse University back in 2020?”

CEO Tyra Jean—a former Public Policy & International Affairs Fellow at UC Berkeley and current D.S.W. candidate at the University of Southern California—developed the concept after bridging two vastly different worlds. “I worked as a data consultant for Fortune 100 companies and saw firsthand the massive gap in data infrastructure across the nonprofit sector,” said Jean. “We’re bringing enterprise-grade technology to the organizations that need it most.”

This vision, combined with the duo’s technical pedigree, has positioned them as emerging leaders in the next generation of AI-powered social infrastructure and frontrunners for Forbes’ 30 Under 30.

The platform’s technical moat is anchored by the COO Vanessa Francesca Ortega — Posse Alumni, SU Remembrance Scholar, and Newhouse’s Dean Branham Scholar. She is the founder & CEO of Civic Trust Systems, the core operating system powering municipal-scale AI platforms, including HellogovAI Inc.

“ImpactIQ is built on infrastructure originally designed to power secure, large-scale government service delivery,” said Ortega. “Through Civic Trust Systems, I developed the AI delivery model and user experience architecture that enables platforms like Hellogov. We are now applying that same level of security and privacy to the social sector.”

By leveraging Civic Trust Systems, DV4G delivers government-grade security, privacy-first data handing, and scalable AI intelligence— without the complexity of cost of traditional enterprise systems.

As a free resource for the sector, the founders co-host a DV4G Podcast on Instagram (@DataViz4GoodHQ). The next episode explores how ImpactIQ’s privacy-first architecture not only protects sensitive community data but also strengthens grant readiness and institutional trust.

DV4G is currently scaling ImpactIQ for global researchers, nonprofits, and mission-driven organizations seeking to modernize how they measure and communicate impact.

Unlock the full impact of your data at DataViz4Good.org.

Media inquiries: contact@dataviz4good.org

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SOURCE Data Viz 4 Good

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QuickLogic to Showcase EOS™ S3 and eFPGA Solutions at Sensors Converge

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SAN JOSE, Calif., May 5, 2026 /PRNewswire/ — QuickLogic Corporation (NASDAQ: QUIK) will showcase its EOS™ S3 SoC and eFPGA solutions at Sensors Converge 2026, taking place at the Santa Clara Convention Center. Attendees can visit Booth 1039 to see how developers can build always-on, ultra-low power sensor and voice-enabled systems with greater flexibility and faster time-to-market.

At the booth, QuickLogic will highlight the EOS™ S3, a fully integrated platform designed for concurrent voice, motion, environmental, and biometric sensing. With its built-in low-power sound detection, Arm® Cortex®-M4F processor, and embedded FPGA, the EOS™ S3 enables developers to implement custom hardware acceleration while minimizing power consumption—ideal for battery-operated and always-on applications.

Date: May 6 and 7, 2026

Booth: 1039

Exhibit Hours:

Wednesday, May 6: 10:00 AM – 5:30 PMThursday, May 7: 10:00 AM – 4:00 PM

About QuickLogic
QuickLogic Corporation is a fabless semiconductor company specializing in eFPGA Hard IP, Strategic Radiation Hardened and Antifuse FPGAs and ruggedized programmable logic solutions. QuickLogic’s unique approach combines cutting-edge technology with open-source tools to deliver highly customizable, low-power solutions for aerospace and defense, industrial, computing, and consumer markets. For more information, visit www.quicklogic.com.

QuickLogic and logo are registered trademarks of QuickLogic. All other trademarks are the property of their respective holders and should be treated as such.

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SOURCE QuickLogic Corporation

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PIRELLI WILL START CYBER™ TYRE PRODUCTION IN GEORGIA UNDERLINING THE STRATEGIC IMPORTANCE OF THE U.S. MARKET

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Pirelli further strengthens its commitment to the country. Investment and output expansion details will be communicated in the coming months following the finalization of the development plans

MILAN and WASHINGTON, May 5, 2026 /PRNewswire/ — Pirelli is reinforcing its long-term commitment to the United States with a key step in its product and industrial strategy. The Georgia plant, already dedicated to the most technologically advanced products for the U.S. market—both in the High-Value segment and in Motorsport—will be further enhanced by the production of connected tires featuring Cyber™ Tyre technology. This development highlights the strategic importance of the U.S. for Pirelli’s global growth roadmap, strengthening the company’s integrated industrial and technological presence in the country.

The announcement comes as Pirelli participates in the SelectUSA Investment Summit, the flagship event promoted by the U.S. Department of Commerce, where Cyber™ Tyre is being showcased as a core innovation shaping the future of smart mobility. 

Cyber™ Tyre is the world’s first hardware-and-software system capable of collecting data and information from sensors embedded in tires, processing them through Pirelli’s proprietary software and algorithms, and, by communicating in real time with the vehicle’s electronics, enabling new functionalities integrated with driving and control systems to enhance the driving experience and increase safety levels, as well as supporting connected infrastructure.

In a highly advanced market such as the United States, where digital and smart mobility solutions are rapidly expanding, Cyber™ Tyre represents a distinctive competitive advantage for Pirelli.

At SelectUSA, Cyber™ Tyre was showcased at the Georgia State booth, a particularly meaningful presence given Pirelli’s industrial footprint in the state, where it has been established for more than 20 years.

“The start of Cyber™ Tyre production in our Rome, Georgia plant is a significant milestone for Pirelli in this country,” said Claudio Zanardo, CEO of Pirelli North America. “It reflects our commitment to bringing advanced technologies like Cyber™ Tyre closer to the market, further strengthening our industrial footprint and innovation capabilities in the United States.”

To further enhance the role of Rome as a high-tech production site, Pirelli is finalizing the introduction of the latest version of the MIRS (Modular Integrated Robotized System) production process. It will be the most advanced manufacturing process for high-end, premium production within the entire Pirelli Group, and is exclusive to the Georgia factory. The process further enhances robotized production capabilities, increasing productivity, flexibility, and quality.

It is a highly digitalized system that enables a direct link between product design and its industrial application.

This development lays the groundwork for growth in Pirelli’s production capacity in Rome, an integral part of the Group’s industrial development plans, and will further strengthen Pirelli’s presence in the United States—one of its most important and strategic markets.

The Rome, Georgia, plant specializes in high-value tire production for the North American market. It also hosts a dedicated R&D center, further strengthening its role in technological development and product innovation.

The facility is recognized for its responsible sourcing practices, including the use of FSC® (Forest Stewardship Council®)-certified natural rubber, underscoring the company’s broader environmental commitment across its supply chain.

www.pirelli.com

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SOURCE Pirelli North America

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