Press release
Global Field Service Management Market Share Likely to Grow At a CAGR of 11.7% By 2028 - Says Facts & Factors
Field Service Management Market
It is anticipated that there will be a significant demand in the field service management market because the implementation of technical solutions and digitalization will accelerate around the world, which will enhance the demand for technology services. Over the projection period from 2018 to 2028, there is anticipated to be a rise in the need for speedier service, which is also anticipated to raise the market potential for field service management.
๐๐๐๐ ๐๐๐ญ๐๐ข๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/field-service-management-market
Rapid urbanization has led to increased digitization, which in turn has led to increasing investments in technology. These two developments are projected to be major factors fueling the growth of the field service management market over the forecast period. It is anticipated that there will be a positive impact on the growth of the field service management market from the increasing adoption of automation technology and the rising demand for the integration of technologies such as artificial intelligence, machine learning, big data, and the internet of things through the year 2028.
The rise in the number of incidents of cyberattacks has resulted in an increase in worries regarding the data's privacy and security, which is anticipated to impede the expansion of the field service management market over the forecast period. The companies that provide field service management are placing a primary emphasis on enhancing the safety of the field service management services and solutions. This is being done to guarantee the protection of customer and organization data, which is of the utmost significance in today's digital age.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/field-service-management-market
The unprecedented coronavirus outbreak in 2020 brought the world to a near halt with lockdowns in multiple nations, which drove up demand for digital solutions and further bolstered the potential of the field service management market. On the other hand, the pandemic of 2020 drove up demand for digital solutions, and this trend further bolstered the field service management market potential. In the era following the pandemic, it is anticipated that the use of cloud technology by a variety of enterprises would promote the growth of the field service management market.
As digitization in numerous businesses becomes more of a prevalent trend across the world, the market for field service management software is expected to witness significant expansion in the post-pandemic period. It is anticipated that the growing need for remote management solutions and quicker service times would also drive the growth of the field service management market through the year 2028.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/field-service-management-market
The global market for field service management can be segmented into seven submarkets: components, solutions, services, deployment types, and organization sizes. Schedule, Dispatch, and Route Optimization, Customer Management, Work Order Management, Inventory Management, Service Contract Management, Reporting and Analytics, and Other Solutions are the categories that are used to categorize the global market based on the solutions that are offered (Billing, Invoicing, Tracking and Performance Management). The segment that deals with scheduling, dispatching, and route optimization are going to have the largest share of the field service management market.
This is because there is a growing emphasis on optimizing operations by delegating particular jobs and responsibilities to field representatives who are employed in the field service management industry landscape. The field service management market is anticipated to see growth as a result of both rising demands for speedier services and improved technology.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/field-service-management-market
Key players functioning in the global field service management market include Oracle (US), Microsoft (US), Salesforce (US), IFS (Sweden), ServiceMax (US), SAP (Germany), Infor (US), Trimble (US), Comarch (Poland), ServicePower (US), OverIT (Italy), FieldAware (US), Geoconcept (France), Zinier (US), Accruent (US)
Recent Developments:
In July 2021, ServiceMax a leading name in service management announced the signing of an agreement to acquire LiquidFrameworks which is a leading name in the mobile field operations management industry.
The global field service management market is segmented as follows:
By Components
Solution
Services
By Solution
Schedule, Dispatch, and Route Optimization
Customer Management
Work Order Management
Inventory Management
Service Contract Management
Reporting and Analytics
Other Solutions (Billing, Invoicing, Tracking, and Performance Management)
By Services
Integration and Implementation
Training and Support
Consulting
By Deployment Type
On-Premise
Cloud
By Organization Size
Large Enterprises
SMEs
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/customization/field-service-management-market
By Region
North America
The U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Reunion
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
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