Press release
Field Service Management Platform Market 2018 Global Leaders: Infor, Astea International, Microsoft Corporation, ClickSoftware Technologies, Oracle, IBM, SAP SE, ServiceMax
Market Research Future published a research report on “Global Field Service Management Platform Market Research Report - Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Market Synopsis:
Market Research Future (MRFR) has recently availed a report on the global field service management platform market asserting that the global market for field service management platform is anticipated to project significant growth during the forecast period of 2016-2022.
The rapid development and adoption of cloud-based technologies and the incorporation of advanced technologies to maximize the productivity of the business processes are majorly driving the global field service management platform market. The growing demand for an integrated and centralized platform for field service management is fueling the expansion of the global field service management platform market. The proliferation in the field operations across various industrial sectors is inducing demand for a centralized platform to manage these operations, leading to the significant growth of the global Field Service Management Platform Market.
The brisk increase in adoption of FSM platform in various small as well as medium scale enterprises is anticipated to impact positively on the expansion of the global field service management platform during the forecast period. The increasing acceptance of advanced technology across various industrial fields is driving the global field service management platform market towards higher verticals.
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The facilities provided by field service management platform such as enhanced productivity, better line of communication, improved coordination of logistical tasks, document maintenance, help desk services and others are majorly driving the growing demand of the field service management platform, which in turn is fueling the expansion of the global field service management platform market. The flexibility of FSM platform to provide solutions for small, medium and large enterprises is increasing the adoption of these platforms in the global market, resulting into the expansion of the global field service management platform market during the forecast period.
However, the slow technological growth in the underdeveloped countries and some of the developing countries and lack of awareness regarding the advancement in technology is likely to hinder the growth of the global field service management platform.
Key Players:
The key players in the market of Field Service Management Platform Aare- Oracle Corporation (U.S.), SAP SE (Germany), IBM Corporation (U.S.), Microsoft Corporation (U.S.), ClickSoftware Technologies (U.S.), Industrial & Financial Systems AB (Sweden), ServicePower Technologies PLC (U.K.), ServiceMax Inc. (U.S.), Infor (U.S.), and Astea International Inc. (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Field Service Management Platform Market.
Competitive Analysis:
The increasing number of cloud-based solutions and increase in demand for low-cost mobility solutions with real-time visibility are creating high competition in the global field service management platform. The major focus of the players in this market is on providing unique services by increasing the investment in research and development to sustain the highly competitive environment of the global field service management platform market.
In May 2018, ServicePower (UK), a market leader in field service management solutions, has launched a set of enhancements as a series of product updates providing additional functionality for mobility, scheduling, tech navigation, and contractors and warranty claims management, along with the consumer portal.
Field Service Management Platform Global Market- Segmentation
The Field Service Management Platform Market can be classified into 4 key segments for the convenience of the report and enhanced understanding;
• Segmentation by Solution: Comprises of Schedule and Dispatch, Work Order Management, Mobile Field Execution, Reporting and Dashboards, Billing and Invoicing, Inventory Management and Tracking and Performance Management
• Segmentation by Service: Comprises of Implementation, Training and Support and Consulting
• Segmentation by Organization Size: Comprises of SMEs and Large Enterprises
• Segmentation by Deployment: Comprises of Cloud and On Premise
• Segmentation by Vertical: Comprises of BFSI, Healthcare, Manufacturing, Energy & Utilities, Transportation and Others
• Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Field Service Management Platform Global Market- Regional Analysis
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the field service management platform market in North America owing to the presence of a large number of established key players such as Oracle Corporation, IBM Corporation, Microsoft Corporation, ClickSoftware Technologies, ServiceMax Inc., Infor, and Astea International Inc. among others. The growing technological developments in the field of cloud, analytics, and the emergence of bring your own device (BYOD) have led to the high adoption of field service management applications in the region. Also, due to the drastic fall in the usage of native applications and a considerable shift towards the adoption of cloud based applications in the region, the market is likely to show immense growth in the coming future. Field service management platform market in Asia Pacific is expected to grow at a substantial CAGR during 2018 to 2023 due to rise in IT technology and increasing adoption of field service management platforms in the region. Whereas, the Europe market for field service management platform is expected to grow at a considerable CAGR (2018-2023).
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Target Audience
• FSM Platform providers
• Cloud Service Providers
• Software Developers
• System Integrators
• Manufacturing Industry
• Government organizations
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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