Global Smart Connected Assets & Operation Market Size, Trends & Growth Opportunity, By Module (Hardware, APM Software & Platform, and Services), By Industry (Energy & Power, Automotive & Transportation, Healthcare, Smart Agriculture, Factory Automation, and Others), By Region and Forecast till 2027.
Global Smart Connected Assets & Operation Market
The Global Smart Connected Assets & Operation Market is expected to grow from US$ 200 Billion in 2021 to US$ 312.4 Billion by 2027; it is estimated to grow at a CAGR of 7.72% from 2022 to 2027.

Market Overview
Smart connected assets & operations are devices which are interconnected with one another in an enterprise to enhance the levels of productivity and service offering capabilities. These are accurately able to configure themselves according to the circumstances environment to enable high efficiency and offer customer servicing of utmost quality.
Market Drivers
Enhancement of industrial operations due to benefits associated with interconnected devices is the key driving factor which is expected to boost the global smart connected assets & operation market growth. Furthermore, reduced volume of energy consumption and enhanced energy efficiency associated with this technology will have the positive impact on market growth. Moreover, high flexibility and operational capabilities due to connectivity of modern systems will propel the market growth.

Market Restraints
However, lack of standardization is the major restraining factor which is expected to hinder the global smart connected assets & operation market growth. Also, complexities involved in connecting traditional equipment will affect the market growth.
Market Segmentation
Segmentation By Module: Global Smart Connected Assets & Operation Market is segmented into module such as Hardware, APM Software & Platform, and Services. Due to growing deployments of APM software for effectively bridging the gap between assets and operations and enhancing operational performance, it is anticipated that this software and platform will experience the greatest growth during the forecast period.
Segmentation By Industry: Further, market is segmented into Industry such as Energy & Power, Automotive & Transportation, Healthcare, Smart Agriculture, Factory Automation, and Others. According to analysis, the healthcare industry will experience the greatest growth during the prediction period. Growing adoption of integrated software tools for healthcare solutions by leveraging digital age technologies like structured data is expected to drive the market. Telemedicine, remote diagnosis, and surgery have all added to the market's development.
Segmentation By Region: Also, Global Smart Connected Assets & Operation Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. As a result of the various steps the Government has taken, Asia-Pacific is predicted to experience significant growth in the market for smart connected assets and operations. In the upcoming years, it is also anticipated that the presence of a number of significant key players will further fuel the development of the region's market for smart connected assets and operations.
Market Key Players
Various key players are discussed in this report such as Cisco Systems, Inc, Arm Holdings, General Electric Company, Cypress Semiconductor Corporation, Intel Corporation, IBM Corporation, NXP Semiconductors, Rockwell Automation, Inc., Well Health, Network Thermostat, Texas Instruments Incorporated, and STMicroelectronics.
Industrial Development
• In April 2021, Network Thermostat launched a new surface-mount remote temperature and humidity sensor to incorporate both temperature and humidity sensing in the same device. Such product launches are augmenting the market.
• In December 2020, Well Health announced to acquire Adracare for USD 4.75 million in order to standardize and modernize the clinical and digital solutions in healthcare sector.
Market Taxonomy
By Module
• Hardware
• APM Software & Platform
• Services
By Industry
• Energy & Power
• Automotive & Transportation
• Healthcare
• Smart Agriculture
• Factory Automation
• Others
By Region 
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Smart Connected Assets & Operation Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?

Global Smart Connected Assets & Operation Market 
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Smart Connected Assets & Operation Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Smart Connected Assets & Operation Market, By Module
5.1 Y-o-Y Growth Comparison, By Module 
5.2 Global Smart Connected Assets & Operation Market Share Analysis, By Module 
5.3 Global Smart Connected Assets & Operation Market Size and Forecast, By Module
5.3.1 Hardware
5.3.2 APM Software & Platform
5.3.3Services
6 Global Smart Connected Assets & Operation Market, By Industry
6.1 Y-o-Y Growth Comparison, By Industry
6.2 Global Smart Connected Assets & Operation Market Share Analysis, By Industry
6.3 Global Smart Connected Assets & Operation Market Size and Forecast, By Industry
6.3.1 Energy & Power
6.3.2 Automotive & Transportation
6.3.3Healthcare
6.3.4Smart Agriculture
6.3.5Factory Automation
6.3.6Others
7 Global Smart Connected Assets & Operation Market, By Region
7.1 Global Smart Connected Assets & Operation Market Share Analysis, By Region
7.2 Global Smart Connected Assets & Operation Market Share Analysis, By Region
7.3 Global Smart Connected Assets & Operation Market Size and Forecast, By Region
8 North America Smart Connected Assets & Operation Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Smart Connected Assets & Operation Market Share Analysis, By Module
8.3 North America Smart Connected Assets & Operation Market Size and Forecast, By Industry
8.4 North America Smart Connected Assets & Operation Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Smart Connected Assets & Operation Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Smart Connected Assets & Operation Market Share Analysis, By Module 
9.3 Europe Smart Connected Assets & Operation Market Size and Forecast, By Industry 
9.4 Europe Smart Connected Assets & Operation Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Smart Connected Assets & Operation Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Smart Connected Assets & Operation Market Share Analysis, By Module 
10.3 Asia Pacific Smart Connected Assets & Operation Market Size and Forecast, By Industry 
10.4 Asia Pacific Smart Connected Assets & Operation Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Smart Connected Assets & Operation Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Smart Connected Assets & Operation Market Share Analysis, By Module 
11.3 Latin America Smart Connected Assets & Operation Market Size and Forecast, By Industry 
11.4 Latin America Smart Connected Assets & Operation Market Size and Forecast, By Country
12 Middle East Smart Connected Assets & Operation Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Smart Connected Assets & Operation Market Share Analysis, By Module 
12.3 Middle East Smart Connected Assets & Operation Market Size and Forecast, By Industry 
12.4 Middle East Smart Connected Assets & Operation Market Size and Forecast, By Country
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
15.1 Cisco Systems, Inc.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Arm Holdings
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 General Electric Company
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Cypress Semiconductor Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Intel Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 IBM Corporation
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 NXP Semiconductors
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Rockwell Automation, Inc.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Texas Instruments Incorporated
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 STMicroelectronics
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies