Field Service Management Market 2021 Analysis May Set New Growth Story, Forecast to 2027


Posted August 17, 2021 by danishahmed

The global field service management market is expected to witness a significant growth rate of over 15% during the forecast period
 
The global field service management market is expected to witness a significant growth rate of over 15% during the forecast period. In recent years with the advancements in technologies such as cloud computing, IoT and smartphones have majorly revolutionized the way work is created, distributed and completed. Business models of companies offering field service are changing very promptly. The use of field service management adds value to the respective business and their employees as well as to the client. 

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The management of a remote workforce that is a very crucial asset for any organization can easily be done with the help of field service management software. The software currently available in the market generally possesses features such as attendance and leave management, location tracking and route optimization, invoices and payments management, warranty and contract management, work order management, and automatic job scheduling. 

Current market trends covered in the market report
Policies, like Bring your own device (BYOD) in the market, are enabling technicians to monitor and update their inventory from mobile devices which in turn is simplifying parts management. For instance, General Electric’s field service management software Service Max is enabling its employees to search for spare parts from their fleet.

North America to hold a major share in the global field service management industry
Cloud-based solutions to grow at a significant rate in the globalEnd Point Security Market

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Market- Segmentation
Field Service Management Market by Deployment
 On-Premise
 Cloud-Based

Global Field Service Management Market by Industry Verticals
 IT & Telecom
 Healthcare & Life Sciences
 Manufacturing
 Energy &Utilities

Others (BFSI and Retail)

Field Service Management Market– Segment by Region 
Market Determinants
 Motivators
 Restraints
 Opportunities

Company Profiles

 Astea International Inc. 
 Comarch SA
. FieldAware, Inc.
 FieldEZ
 GEOCONCEPT SAS
 IFS AB
 Infor
 Microsoft Corp.
 MSI Data, LLC
 Oracle Corp.
 OverIT S.p.A.
 PRAXEDO
 Salesforce.com Inc.
 SAP SE
 ServiceMax, Inc.
ServicePower Inc.
 Trimble Inc.
 Zinier Inc.

Global Field Service Management Market – Segmentation by Region
North America           
United States 
Canada

Europe
Germany
United Kingdom
France
Spain
Italy

Rest of Europe
Asia-Pacific    
China
Japan
India
Rest of Asia-Pacific

Rest of the World
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Last Updated August 17, 2021