Field Service Management (FSM) - Global Market Outlook (2016-2022)

Global Field Service Management (FSM) Market is accounted for $1.78 billion in 2016 and is expected to reach $4.45 billion by 2022 growing at a CAGR of 16.5% during the forecast period. Factors such as enhanced customer satisfaction, increasing number of field operations in manufacturing, oil & gas and reducing operational costs are driving the market growth. Internet of Things (IoT) provides ample of opportunities for the market growth.

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Schedule and dispatch segment commanded the largest market share during the forecast period owing to requirement for quick service delivery to achieve enhanced customer experience. By geography, North America commanded the market, followed by Europe. Largest market share of North America is due to the high adoption of cloud technology mainly in the U.S. and Canada, which is the major reason for the continuous adoption of FSM solutions and services by the end-users.

Some of the key players in Field Service Management (FSM) market include Servicemax, Inc., SAP SE, PTC, Clicksoftware Technologies, Oracle Corporation, Servicepower Technologies PLC, Trimble Navigation Limited, Intac International LLC, International Business Machines Corporation, Astea International, Inc., Industrial and Financial Systems AB (IFS), Comarch and Microsoft Corporation.

Services Covered:
Consulting
Implementation
Managed Services
Training and Support
Software as a service (SaaS)

User Types Covered:
Large Enterprise
Small and Medium Enterprise (SME)

Solutions Covered:
Billing and Invoicing
Work Order Management
Tracking and Performance Management
Mobile Field Execution
Inventory Management
Schedule and Dispatch
Reporting and Dashboards

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Deployment Types Covered:
On-Premises
Cloud

End Users Covered:
Energy and Utilities
Oil & Gas
Financial Services
Manufacturing
Telecom and IT
Construction and Real Estate
Healthcare
Transportation and Logistics
Other End Users

Regions Covered:
North America
US
Canada
Mexico

Europe
Germany
France
Italy
UK
Spain
Rest of Europe

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Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific

Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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This release was published on openPR.