Field Service Management (FSM) Market 2022 Strategic Assessment- Field Aware US, Inc., Oracle Corporation, Microsoft Corporation, SAP SE

Field Service Management (FSM) Market 2022-2027 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Field Service Management (FSM) Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Field Service Management (FSM) Market all told its geographical and merchandise segments.

The Global Field Service Management Market (henceforth referred to as the market studied) was valued at USD 2.85 billion in 2019, and it is expected to reach USD 7.10 billion by 2027, registering a CAGR of 15.4%, during the period, 2022-2027.

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The Global Field Service Management (FSM) Market is highly competitive and consists of a number of Major Key Players are: Field Aware US, Inc., Oracle Corporation (OFSC), IFS AB, ServiceMax Inc., ServicePower, Inc., SAP SE (Coresystems), Microsoft Corporation (Dynamics 365 for Field Service), Accruent LLC (Fortive Corp), Mize, Inc., Salesforce.com, Inc. (Field Service Cloud), Zinier, Inc., Trimble Inc., The simPRO Group Pty Limited, Kirona Solutions Limited others.

Industry News:

- May 2020 - FieldAware and Localz, a provider of real-time customer communications and service tracking solutions, announced a partnership to bring day-of-service connections to field service organizations. FieldAware has partnered with Localz to expand its cloud-based field service management hub offerings to build better service experiences. Localz On My Way complements and extends the functionality of the FieldAware offering to include automated customer communications, real-time service tracking, and feedback capabilities to existing workflows.

Key Market Trends:

Inventory Management to Hold Significant Market Share
- Inventory management is one of the most mismanaged components of the field services segment. Several factors, such as returns, component failure, and warranty issues, make it one of the most complex tasks in the field services industry. Hence, deploying inventory management solutions help the service providers to provide the right parts to customers accordingly, in a cost-effective manner.

Asia Pacific to Witness Significant Growth Rate
- Asia-Pacific is expected to dominate the regional field service management market, and it' s rapid rate of growth is attributed as the region is being home to a large number of SMEs, which are highly involved in the development and adoption of field services and their management solutions. China is one of the largest E-Commerce markets in the world. The expansion in the sector is a significant driver for the adoption of FMS solutions. And as more and more new retail is shifting from a novel concept to the mass market sector, the need for the management of filed service will also grow.

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The key insights of the Field Service Management (FSM) Market report:

The report provides key statistics on the market status of the Field Service Management (FSM) Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Field Service Management (FSM) Market report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2022-2027 market development trends of Field Service Management (FSM) Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Field Service Management (FSM) Market Industry before evaluating its feasibility.

Finally, Field Service Management (FSM) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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