Australia Industrial Asset Management Market Size & Outlook

The industrial asset management market in Australia is expected to reach a projected revenue of US$ 13.4 billion by 2030. A compound annual growth rate of 20.5% is expected of Australia industrial asset management market from 2024 to 2030.
Revenue, 2023 (US$B)
$3.6
Forecast, 2030 (US$B)
$13.4
CAGR, 2024 - 2030
20.7%
Report Coverage
Australia

Australia industrial asset management market highlights

  • The Australia industrial asset management market generated a revenue of USD 3.6 billion in 2023 and is expected to reach USD 13.4 billion by 2030.
  • The Australia market is expected to grow at a CAGR of 20.5% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.


Industrial asset management market data book summary

Market revenue in 2023USD 3.6 billion
Market revenue in 2030USD 13.4 billion
Growth rate20.5% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentSoftware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationHardware, Software, Services


Other key industry trends

  • In terms of revenue, Australia accounted for 2.3% of the global industrial asset management market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, India industrial asset management market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 51.2 billion by 2030.

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Industrial Asset Management Market Companies

Name Profile # Employees HQ Website

Australia industrial asset management market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial asset management market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 47.22% in 2023. Horizon Databook has segmented the Australia industrial asset management market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Australia industrial asset management market databook

  • Our clientele includes a mix of industrial asset management market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia industrial asset management market , including forecasts for subscribers. This country databook contains high-level insights into Australia industrial asset management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia industrial asset management market size, by component, 2018-2030 (US$B)

Australia Industrial Asset Management Market Outlook Share, 2023 & 2030 (US$B)

Australia industrial asset management market size, by component, 2018-2030 (US$B)

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