Asset Management Market Analysis

Asset Management Market Analysis

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Based on component, the solution segment captured a market share of around 55% in 2022. Asset management solutions help optimize resource allocation, reducing costs while enhancing efficiency. Regulatory requirements necessitate comprehensive tracking and maintenance. In addition, technological advancements, such as IoT and AI, enable real-time monitoring and predictive maintenance will boost industry dynamics. Besides, asset management solutions aid in delivering better services and ensuring compliance with environmental and safety standards, making them a crucial component of modern business operations.
 

Based on asset type, the digital asset segment held approximately 25% of the asset management market share in 2022. Driven by the need for streamlined, centralized control of assets across various sectors, including infrastructure, IT, real estate, and healthcare. In these industries, efficient data organization, accessibility, and security are essential. Regulatory compliance, rapid data growth, and remote work trends also contribute to the demand. Furthermore, the ability to harness data for informed decision-making, automate workflows, and enhance collaboration fosters the adoption of digital asset management solutions as they empower businesses to maximize efficiency and competitiveness in today's digital landscape.
 

North America dominated about 35% of the asset management market share in 2022. A robust and diverse financial market and a culture of long-term investing have attracted significant capital. In January 2023, GFH Financial Group, headquartered in Bahrain, took majority ownership in Big Sky Asset Management, a U.S.-based real estate asset management firm specializing in healthcare assets. This acquisition comes after GFH's previous purchase of SQ Asset Management in May 2022. The company boasts more than 20 years of experience in investing in and overseeing healthcare assets in the United States, with a combined transaction value exceeding $2 billion and a portfolio of 130 medical facilities.