Techniques described herein relate to a methods and systems for asset classification, which may include: identifying, in a backup domain, a first asset and a second asset; performing a first analysis of the first asset to determine a set of first asset characteristics; performing a second analysis of the second asset to determine a set of second asset characteristics; creating a first asset group based on the first analysis and the second analysis, the first asset group comprising the first asset and the second asset; and assigning a first backup policy to the first asset group.