Maximize Market Research has published the “Global Field Service Management Market Report 2021”, which has covered the comprehensive analysis of market by different segment as well as demand & supply study and gaps between the same by region. The report gives an exclusive insights in key players by region with competitive landscape of the market. The market share in the industry is given by key players, which helps user of the report to understand the market structure at glance.Key players in the industry are profiled in the report that give strategic insights of the companies with their top line and plans of expansion in near tern with M&A policies. Profiles of companies will help user to understand the most revenue generating segments for the companies including products, region.
Global Field Service Management Market, Segment Analysis:
The cloud deployment segment is expected to grow at a XX% rate of CAGR during the forecast period. An increase in the adoption of cloud deployment is expected to boost the market growth. Organizations are gradually moving their storage from on-premise to the cloud, which results in better efficiency of work processes and increased storage space. Cloud deployment assists to keep capital and operational expenses of an organization minimum. It also helps to save capital costs with zero in-house server storage and application requirements. Cloud-based FSM solutions deliver flexibility, scalability, low cost, and real-time access to data.
The Large enterprises are adopting the software because of the presence of a large workforce. It helps in maintaining employee records, their individual performance statistics, sub-contracting, and document maintenance. The FSM software makes usage of mobile computing to increase communication with field workers, streamline work processes, and develop productivity.
Global Field Service Management Market, Regional Analysis:
North America held the dominant position in the global field service management market and is projected to continue its dominant position in the market during the forecast period. An increase in the penetration of internet, communicating devices, and mobiles are expected to boost the growth of the market in the region. The region is a major hub for technological innovations and an early adopter of innovative technologies. Presence of prominent key players in the region increases awareness and supports the demand concerning the adoption of the market.
However, the Asia Pacific region is expected to grow at a XX% rate of CAGR duing the forecast period. The regional market is gaining traction, especially with the practice of delivering field services through contractors and third-party agents. Rapid expansion of communication network infrastructure, the rise in preference of enterprise mobility solutions, and importance in transparency in field operations is expected to drive the Asia Pacific field service management.
Global Field Service Management Market, Competitive Analysis:
The global field service management market is experienced the moderate competition with the presence of a major global players and other small key players, which offers the FSM solutions. The FSM industry is witnessing mergers and acquisitions to increase the inorganic growth strategy amongst software development key players. Some of the prominent key players are focusing on the innovative technology. In 2019, oracle corporation introduced Cloud logistics cloud that connects customer experience, field service and supply chain.
The objective of the report is to present a comprehensive analysis of the Global Field Service Management Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Field Service Management Market dynamics, structure by analyzing the market segments and projects the Global Field Service Management Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Field Service Management Market make the report investor’s guide.
Scope of the Global Field Service Management Market: Inquire before buying
Global Field Service Management Market, By Component
Schedule, Dispatch, and Route Optimization
Work Order Management
Service Contract Management
Reporting and Analytics
Others (Billing and Invoicing, and Tracking and Performance Management)
Integration and implementation
Training and support
Global Field Service Management Market, By Deployment Type
Global Field Service Management Market, By Organization Size
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
Global Field Service Management Market, By Vertical
• IT and Telecom
• Healthcare and Life Sciences
• Transportation and Logistics
• Construction and Real Estate
• Energy and Utilities
• Others (BFSI and retail)
Global Field Service Management Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Field Service Management Market
Global Field Service Management Market was valued US 3.80 Bn. in 2019 and is expected to reach US$ 12.40 Bn. by 2027, at a CAGR of 18.41 % during a forecast period.
The report has covered the market dynamics including demand drivers, restraints and opportunities by region. External factors and internal factors of companies affecting the growth of the companies and ultimately adding the total market are analysed in the report.
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Global Field Service Management Market Key Competitors: The major players covered in the Field Service Management market report are
Field Service Management Market report studies the top producers and consumers, focuses on product capacity, value, consumption, market share and growth opportunity in these key regions, covering
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