A recent report published by Allied Market Research, titled, "Smart Mining Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022", projects that the world smart mining market is estimated to reach $15,837 million, registering at a significant CAGR of 14.9% from 2016 to 2022.

Between lessor and lessee in the growing mining equipment market, an asset manager acts as the lynchpin.