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Global Field Service Management Market 2024 Forecast by Application: Key Players are Oracle, SAP, IBM, Microsoft, ClickSoftware, IFS, ServicePower, Service Max Inc, Infor, Astea International, Comarch, KEY2ACT

Global Field Service Management Market

Global Field Service Management market research report is a proven source of information which offers a telescopic view of the current market trends, situations, opportunities and status. The data and the information regarding the Field Service Management industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts.  The data and the information regarding the Field Service Management industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. It covers major manufacturers, suppliers, distributors, traders, customers, investors and major types, major applications.

Global Field Service Management Market By Geography; Solution (Reporting & Dashboards, Mobile Field Execution, Tracking & Performance Management, Schedule & Dispatch, Work Order Management, Billing & Invoicing, Inventory Management); Service (Implementation, Training & Support, Consulting); Deployment Mode; User Type; Vertical – Industry Trends and Forecast to 2024

The Global Field Service Management Market accounted for USD 2.2 billion in 2016 growing at a CAGR of 15.32% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Company Share Analysis: 

The report for field service management market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments. 

Major Market Competitors: 

Some of the major players of the global field service management market are Oracle, SAP SE, IBM Corporation, Microsoft Corporation, ClickSoftware, IFS, ServicePower, ServiceMax, Infor, Astea International Inc., Comarch SA, KEY2ACT, MSI Data, Praxedo, ServiceTrade, Retriever Communications, Trimble Inc., and others. 

Market Definition: 

Field service management is software that helps managing the company’s workers and the resources they need to do their jobs efficiently. Field service management software can be accessed from mobile devices. The workers can make changes to schedules, inventory, invoice, and others from the mobile devices. It is widely applicable in banking, financial services, and insurance, government, healthcare, energy and utilities, education, IT and telecom, manufacturing, retail, and others. Need to maximize productivity of business processes may act as a major driver in the growth of field service management market. On the other side, security concerns with respect to access to confidential data may hamper the market. 

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Major Market Drivers & Restraints:

  • Need to maximize productivity of business processes
  • Technological development leading to opportunities for new business models
  • Need for an integrated, robust, and centralized system for FSM
  • Slow growth in the developing and under developed countries
  • Security concerns with respect to access to confidential data

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