Press release
Global Field Activity Management Market: Projected Growth, Influential Trends, and Key Drivers
Field Activity Management Market Size
The Global Field Activity Management Market is set to witness significant growth with a projected market size of $3.1 billion by 2029, attributed to increasing automation and digitalization. Key players including Bentley Systems Inc., Comarch SA and Microsoft Corporation are dominating the field with innovative solutions, contributing to the market's impressive CAGR of 17.4%.
What Is The Projected Market Size Of The Global Field Activity Management Market And Its Growth Rate?
• The field activity management market grew from $1.43 billion in 2024 to $1.63 billion in 2025, at a CAGR of 13.8%.
• The growth is due to the increased demand for field service efficiency, real-time tracking and data collection, and the integration of field service management with business applications.
• The market size is expected to reach $3.1 billion in 2029 with a notable CAGR of 17.4%, driven by predictive maintenance systems, mobile technologies, and the adoption of IoT devices.
What Is Driving The Growth In The Field Activity Management Market?
Increasing adoption of automation and digitalization is propelling the field activity management market. Automation and digitalization optimize resource utilization, track and monitor resources effectively, and lower operational costs. By 2050, it is estimated that nearly 90% of manufacturing firms in India will adopt automation. By 2023, 40% of big enterprise I and O teams will embrace AI-augmented automation, thereby boosting efficiency in IT departments. As a result, businesses are expected to employ 70% more automation architects by 2025.
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Who Are the Key Players Driving Field Activity Management Market Growth?
• Bentley Systems Inc.
• Comarch SA
• The Environmental Systems Research Institute Inc
• FastField Mobile Forms
• Field Safe Solutions Inc.
• Fulcrum Digital Private Limited
• Industrial and Financial Systems AB.
• Infor
• Microsoft Corporation
• Oracle Corporation
• Overit S. p. A
• Praxedo
• Salesforce. Com India Private Limited
• SAP AG
• Servicemax Technologies (India) Private Limited
• Repsly Inc
• ProntoForms Corporation
• Canvas Solutions Inc.
What Are The Key Trends In The Field Activity Management Market?
• Mobile and cloud-based field activity management solutions
• Integration of wearables for hands-free field operations
• Collaboration between field teams and centralized operations
• Automation of routine field tasks and workflows
• Customer-centric field service experiences
What Are The Segments Of The Global Field Activity Management Market?
• By Component: Solution, Services
• By Deployment Mode: On-Premises, Cloud
• By Vertical: IT and Telecom, Healthcare And Life Sciences, Manufacturing, BFSI, Other Verticals
Which Region Leads The Field Activity Management Market?
North America was the largest region in the field activity management market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The areas of concentration in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Field Activity Management Market Global Market Report?
- Market Size Analysis: Analyze the Field Activity Management Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Field Activity Management Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Field Activity Management Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Field Activity Management Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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