Title: Field Service Management Market Revenue and Growth 2020-2027
1Field Service Management Market Share, Scope,
Trends, Industry Size, Growth, Opportunities and
Demand with Competitive Landscape and Analysis
Research Report 2020-2027
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2 Market Summary
The increasing interest in mobility solutions to
streamline field operations is the key factor for
the growth of the field service management
market. Market Size USD 2.70 Billion in 2018,
Market Growth - CAGR of 17.3, Market Trends
High demand among enterprises with field
operations.
3 Our Approach
Market Summary
- The global field service management market is
forecast to reach USD 9.88 Billion by 2026,
according to a new report by Reports and Data.
Field service management (FSM) is a system which
enables coordination on-field operations by
mobile devices. It helps organizations to
optimize their field service operations with
higher profitability and customer satisfaction. - Field service management is an effective tool
which integrates accounting, billing, service,
and distribution processes, which in turn help
organizations to gain maximum efficiency. Field
service management solution offers several
advantages that include real-time communication
of work orders and status, work tracking, and
customer originations and service history. - A modern field service management system offers
the needed visibility, planning, and execution to
achieve the primary goals for field service
organizations. The key functional areas include
mobility, service order management, financial
management, parts materials management, labor
skills management, asset information management,
service contract management, and reporting. - Key participants IFS, SAP, Oracle, Microsoft,
Astea, Infor, Trimble, Comarch, Clicksoftware,
and Overit, among others. - To Get Sample Copy of Report visit
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4 Our Approach
Market Summary
- For the purpose of this report, Reports and Data
have segmented into the global field service
management market on the basis of component,
organization size, deployment mode, vertical and
region - Component Outlook (Revenue, USD Billion
2016-2026) - Solution
- Services
- Organization Size Outlook (Revenue, USD Billion
2016-2026) - Large Enterprise
- Small and Medium Enterprise
- Deployment Mode Outlook (Revenue, USD Billion
2016-2026) - On-Premises
- Cloud
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5 Our Approach
Market Summary
- Vertical Outlook (Revenue, USD Billion
2016-2026) - Healthcare
- IT and Telecom
- Energy and Utilities
- Manufacturing
- Construction and Real Estate
- Transportation and Logistics
- Others
- Regional Outlook (Revenue, USD Billion
2016-2026) - North America
- Europe
- Asia Pacific
- MEA
- Latin America
6 Our Approach
Market Summary
- Further key findings from the report suggest
- Solution segment held the larger market share of
63.5 in the year 2018. The solution system
empowers organizations with a centralized
platform to manage their field operations
efficiently. - Large enterprises are forecasted to grow with a
CAGR of 17.7 during the forecast period. For
large organizations, increasing visibility
between the office and field is very crucial.
Enterprises have multiple fleets focus on
integrating information across all business
units. - Cloud-base field service management provides
businesses the convenience and flexibility to run
their business more efficiently in the office as
well as out in the field. Some benefits of
cloud-base field services management are it
allows remote access, offers security and data
backup, it is paperless, and also provide
real-time information. The segment is forecasted
to grow with a CAGR of 17.4 during the forecast
period. - Manufacturing sector held the largest market
share of 24.8 in the year 2018. Field service
management is an active area of investment for
manufacturers, as they seek to respond to the
call for greater customer-centricity.
Manufacturers are planning to purchase, upgrade,
or enhance their service delivery applications in
the coming year, and field service management
applications, are one of the major components of
service delivery. - Read More _at_ https//www.reportsanddata.com/report-
detail/global-field-service-management-market
7 Our Approach
About Us
- Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
make a smarter business decision. We offer market
intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise. - Contact Us
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