Press release
Field Force Automation Market expected to reach at USD 24.84 billion by 2032 -ClickSoftware, IFS, Oracle, Servicemax, Ericsson, FieldEZ, GE, IBCS Group, Astea International, AT&T, BT Global Services, Verizon, Zebra Technologies, CGI, ViryaNet, Retriever C
the global field force automation market to grow from USD 3.24 billion in 2021 to USD 24.84 billion by 2032, at a Compound Annual Growth Rate (CAGR) of28.2% during the forecast period. Factors that drive the growth of market are rising demand for robust solutions for maximizing the efficiency of field forces in real-time and growing adoption of cloud-based enterprise mobility solutions.The Field Force Automation research report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge the turning point of the businesses, significant market key players are also enlisted in order to deliver readers with in-depth analysis about industry strategies.
Based on Components, the field force automation market has been segmented as follows:
Solution
Services
Based on Deployment Type, the market has been segmented as follows:
On-premises
Cloud
Based on Organization Sizes, the market has been segmented as follows
SMEs
Large Enterprises
Based on Verticals, the field force automation market has been segmented as follows
IT and Telecom
Healthcare and Life Sciences
Manufacturing
Transportation and Logistics
Construction and Real Estate
Energy and Utilities
Others (Banking, Financial Services, and Insurance and Retail)
Field Force Automation Market Value Expected to Reached US$ 3.5 Bn by 2021
The Field Force Automation market is anticipated to grow US$ 3.5 Bn by 2021, at a significant CAGR of 20% during the forecast period 2021-2031. Field force automation helps in establishing a real-time communication channel between the offsite sales team and on-site team handling sales and admin operations.
Improvement in the Economies of Scale to Proliferate Field Force Automation
Economics of scale play a vital role in impacting the decisions of business heads. The improvement can be seen in the economies of scale with the use of field force automation. Industrial thoughts leaders come together with the idea of using field force automation solution at the back and front offices.
Further, these solution helps in achieving faster returns on investment, accurate sales data visibility, and increasing customer touch point and satisfaction. Thus, it is expected to create more opportunities in the market, as industries are increasingly investing in these automation solutions to management their field workforce.
The Field Force Automation report is highly structured into a region-wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the market. The study helps understand how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR.
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The report provides a comprehensive analysis of company profiles listed below:
ClickSoftware, IFS, Oracle, Servicemax, Ericsson, FieldEZ, GE, IBCS Group, Astea International, AT&T, BT Global Services, Verizon, Zebra Technologies, CGI, ViryaNet, Retriever Communications
Field Force Automation Market Types:
Wi-Fi, 3G, GPRS, Other.
Field Force Automation Market Applications:
Retail and Construction, Energy and Utilities, Manufacturing, Telecommunications, Transportation, Other
The study report offers a comprehensive analysis of Field Force Automation Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Field Force Automation Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Field Force Automation Market will be able to gain the upper hand as they use the report as a powerful resource.
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Scope of this Report:
This report segments the global Field Force Automation market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
The report helps stakeholders understand the pulse of the Field Force Automation market and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
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