The nonnegative rank of nonnegative matrices is an important quantity that appears in many fields, such as combinatorial optimization, communication complexity, and information theory. In this paper, we study the asymptotic growth of the nonnegative rank of a fixed nonnegative matrix under Kronecker product. This quantity is called the asymptotic nonnegative rank, which is already studied in information theory. By applying the theory of asymptotic spectra of V. Strassen (J. Reine Angew. Math. 1988), we introduce the asymptotic spectrum of nonnegative matrices and give a dual characterization of the asymptotic nonnegative rank. As the opposite of nonnegative rank, we introduce the notion of the subrank of a nonnegative matrix and show that it is exactly equal to the size of the maximum induced matching of the bipartite graph defined on the support of the matrix (therefore, independent of the value of entries). Finally, we show that two matrix parameters, namely rank and fractional cover number, belong to the asymptotic spectrum of nonnegative matrices.
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