This Field Service Management market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Farroreport simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyzes that the global field service management market was valued at USD 2.2 million in 2023 and is expected to reach USD 9.25 million by 2031, registering a CAGR of 13.2% during the forecast period of 2024-2031. Solution segments account for the highest market share due to the increasing usage of software as a service tool among the consumer.
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Market Overview:
Major factors that are expected to boost the growth of the field service management market in the forecast period are the increase in the demand for mobility with IoT and the rising requirement for predictive analytics. Furthermore, the rise in the acceptance of cloud-based applications is further propelling the growth of the field service management market. On the other hand, the issues regarding the security of the organizations associated with data confidentiality are further anticipated to impede the growth of the field service management market in the timeline period.
Some of the major players operating Field Service Management market in the are Astea International Inc.(U.S.) Oracle.(U.S.), ServiceMax.(U.S.), SAP, Industrial and Financial Systems.(U.S.), Microsoft Corporation.(U.S.), Praxedo.(U.S.), ClickSoftware.(U.S.)
Global Field Service Management Market Scope
The field service management market is segmented on the basis of component, deployment type, organization size, and verticals. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Solution
- Services
Deployment Mode
- Cloud
- On-Premises
Organization Size
- Large Enterprises
- Small and Medium Sized Enterprises
Verticals
- IT and Telecom
- Healthcare and Life Sciences
- Manufacturing
- Transportation and Logistics
- Construction and Real Estate
- Energy and Utilities
- Financial Services
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Field Service Management Market Landscape
Part 04: Global FarroMarket Sizing
Part 05: Global FarroMarket Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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