Field Service Management Market By Top Players - Accruent , Acumatica , Astea , ClickSoftware , Comarch , Connect My World , Coresystems, FieldAware , GEOCONCEPT , IBM , IFS , Infor , Jobber, Kickserv , Microsoft , Oracle , OverIT

Global Field Service Management Market Analysis

According to Verified Market Research, the global field service management market was valued at USD 2.45 Billion in 2018 and is projected to reach USD 7.28 Billion by 2026, growing at a CAGR of 14.6% from 2019 to 2026.

What is Field Service Management?

Field service management (FSM) involves the management of a company’s resources employed. It helps in coordinating field operations through mobiles. It commonly refers to companies who need to manage installation, service or repairs of systems or equipment as it provides scheduling service orders, dispatching agents, and tracking vehicle locations and job status. It helps in automating the field operators of a team of service professionals through mobile systems.

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Global Field Service Management Market Outlook

In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Field service management solutions are encouraging manufacturing organizations to make their business operations robust, efficient, and error-free. It enables organizations to enhance the quality of their products and services, in order to help reduce the time, effort, and cost related to product manufacturing and service delivery. It also offers solutions to the organization to streamline the business processes that include overall tracking of field service operations and repair activities, efficient workload management, real-time tracking of workforce location, automates field operations to eliminate the manual task and others. The rapid growth in the adoption of these solutions by the small and medium-sized business is expected to further boost the market growth over the forecast period. However, lack of expertise associated with field service management software is one of the restraining factors that limit the growth of the FSM market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Field Service Management Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

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Global Field Service Management Market Competitive Landscape

The “Global Field Service Management Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Accruent (US), Acumatica (US), Astea (US), ClickSoftware (US), Comarch (Poland), Connect My World (India), Coresystems (Switzerland), FieldAware (US), GEOCONCEPT (France), IBM (US), IFS (Sweden), Infor (US), Jobber (Canada), Kickserv (US), Microsoft (US), Oracle (US), OverIT (Italy), Praxedo (France), Salesforce (US), SAP (Germany), ServiceMax (US), ServiceNow (US), ServicePower (UK), ServiceTitan (US), and ServiceTrade (US). Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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