Published by news degree
Posted on August 4, 2021
The global field service management market is forecast to reach USD 9.88 Billion by 2026, according to a new report by Reports and Data. Field service management (FSM) is a system which enables coordination on-field operations by mobile devices. It helps organizations to optimize their field service operations with higher profitability and customer satisfaction. Field service management is an effective tool which integrates accounting, billing, service, and distribution processes, which in turn help organizations to gain maximum efficiency. Field service management solution offers several advantages that include real-time communication of work orders and status, work tracking, and customer originations and service history.
A modern field service management system offers the needed visibility, planning, and execution to achieve the primary goals for field service organizations. The key functional areas include mobility, service order management, financial management, parts materials management, labor skills management, asset information management, service contract management, and reporting.
The market is gaining traction, especially with the practice of delivering field services through contractors and third-party agents. Expansion of communication network infrastructure, growth in the preference of enterprise mobility solutions, and rising importance in transparency in field operations are driving the market for field service management.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/932
Key participants include
IFS, SAP, Oracle, Microsoft, Astea, Infor, Trimble, Comarch, Clicksoftware, and Overit, among others.
Further key findings from the report suggest
Solution segment held the larger market share of 63.5% in the year 2018. The solution system empowers organizations with a centralized platform to manage their field operations efficiently.
Large enterprises are forecasted to grow with a CAGR of 17.7% during the forecast period. For large organizations, increasing visibility between the office and field is very crucial. Enterprises have multiple fleets focus on integrating information across all business units.
Cloud-base field service management provides businesses the convenience and flexibility to run their business more efficiently in the office as well as out in the field. Some benefits of cloud-base field services management are; it allows remote access, offers security and data backup, it is paperless, and also provide real-time information. The segment is forecasted to grow with a CAGR of 17.4% during the forecast period.
Manufacturing sector held the largest market share of 24.8% in the year 2018. Field service management is an active area of investment for manufacturers, as they seek to respond to the call for greater customer-centricity. Manufacturers are planning to purchase, upgrade, or enhance their service delivery applications in the coming year, and field service management applications, are one of the major components of service delivery.
North America held the largest market share of 34.1% in the year 2018. Organizations in the region are focused on providing the best services to the customers. Higher penetration of internet, communicating devices, and mobiles are propelling the growth of the market in the region. Presence of major players in the region promotes awareness and supports the demand regarding the adoption of the market.
Some of the commonly used field service management are TrackerPal, Freshdesk, Field Force Tracker, Wrike, Ai Filed Management, Repair-CRM, UpKeep, and Dynamics 365.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/932
For this report, Reports and Data have segmented into the global Field Service Management market on the basis of resin type, composite phases, industry vertical, and region:
Component Outlook (Revenue, USD Billion; 2016-2026)
Solution
Services
Organization Size Outlook (Revenue, USD Billion; 2016-2026)
Large Enterprise
Small and Medium Enterprise
Deployment Mode Outlook (Revenue, USD Billion; 2016-2026)
On-Premises
Cloud
Vertical Outlook (Revenue, USD Billion; 2016-2026)
Healthcare
IT and Telecom
Energy and Utilities
Manufacturing
Construction and Real Estate
Transportation and Logistics
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/932
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Field Service Management Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global field service management market is forecast to reach USD 9.88 Billion by 2026, according to a new report by Reports and Data. Field service management (FSM) is a system which enables coordination on-field operations by mobile devices. It helps organizations to optimize their field service operations with higher profitability and customer satisfaction. Field service management is an effective tool which integrates accounting, billing, service, and distribution processes, which in turn help organizations to gain maximum efficiency. Field service management solution offers several advantages that include real-time communication of work orders and status, work tracking, and customer originations and service history.
A modern field service management system offers the needed visibility, planning, and execution to achieve the primary goals for field service organizations. The key functional areas include mobility, service order management, financial management, parts materials management, labor skills management, asset information management, service contract management, and reporting.
The market is gaining traction, especially with the practice of delivering field services through contractors and third-party agents. Expansion of communication network infrastructure, growth in the preference of enterprise mobility solutions, and rising importance in transparency in field operations are driving the market for field service management.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/932
Key participants include
IFS, SAP, Oracle, Microsoft, Astea, Infor, Trimble, Comarch, Clicksoftware, and Overit, among others.
Further key findings from the report suggest
Solution segment held the larger market share of 63.5% in the year 2018. The solution system empowers organizations with a centralized platform to manage their field operations efficiently.
Large enterprises are forecasted to grow with a CAGR of 17.7% during the forecast period. For large organizations, increasing visibility between the office and field is very crucial. Enterprises have multiple fleets focus on integrating information across all business units.
Cloud-base field service management provides businesses the convenience and flexibility to run their business more efficiently in the office as well as out in the field. Some benefits of cloud-base field services management are; it allows remote access, offers security and data backup, it is paperless, and also provide real-time information. The segment is forecasted to grow with a CAGR of 17.4% during the forecast period.
Manufacturing sector held the largest market share of 24.8% in the year 2018. Field service management is an active area of investment for manufacturers, as they seek to respond to the call for greater customer-centricity. Manufacturers are planning to purchase, upgrade, or enhance their service delivery applications in the coming year, and field service management applications, are one of the major components of service delivery.
North America held the largest market share of 34.1% in the year 2018. Organizations in the region are focused on providing the best services to the customers. Higher penetration of internet, communicating devices, and mobiles are propelling the growth of the market in the region. Presence of major players in the region promotes awareness and supports the demand regarding the adoption of the market.
Some of the commonly used field service management are TrackerPal, Freshdesk, Field Force Tracker, Wrike, Ai Filed Management, Repair-CRM, UpKeep, and Dynamics 365.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/932
For this report, Reports and Data have segmented into the global Field Service Management market on the basis of resin type, composite phases, industry vertical, and region:
Component Outlook (Revenue, USD Billion; 2016-2026)
Solution
Services
Organization Size Outlook (Revenue, USD Billion; 2016-2026)
Large Enterprise
Small and Medium Enterprise
Deployment Mode Outlook (Revenue, USD Billion; 2016-2026)
On-Premises
Cloud
Vertical Outlook (Revenue, USD Billion; 2016-2026)
Healthcare
IT and Telecom
Energy and Utilities
Manufacturing
Construction and Real Estate
Transportation and Logistics
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/932
Have a Look at Related Reports:
Situational Awareness Market Size, Share & Analysis, By Component (Sensors, GPS, Gyroscopes, Cameras, Display & Notification Devices, NVRs & DVRs, Other Components), By Products (Command & Control, Fire & Flood Alarm Systems, HMI, RFID Solutions, and others), By Application (Robots, Smart Infrastructure Management, CBRN Systems, Others), By Industry, And By Region, And Forecast To 2028
Cyber Situational Awareness (CSA) Market Size, Share & Analysis, By Component (Services, Solutions), By Solution Type (Network Forensics, Network Traffic Analysis, DNS Threat Analysis, Network Detection & Response, Network Performance Monitoring & Diagnosis, Intrusion Detection System, Intrusion Prevention System, and Others), By Deployment Model, By Organization Size, By Industry Vertical (Military & Defense, Healthcare, Aerospace, Marine Security, Automotive, Mining and Oil & Gas, IT & Telecom, Government Agencies, BFSI, Energy & Utilities, and Others), And By Region Forecast To 2028
Core Facility Management Software Market Size, Share & Analysis, By Offering (Solutions (IWMS, BIM, Facility Operations and Security Management, Facility Property Management), Services (Professional, Managed)), Deployment Type (Cloud, On-Premises), End-Use (BFSI, Healthcare, Education, Retail, Energy And Utilities, Manufacturing, Construction And Real Estate, Others) And Region Forecast To 2028
Environmental Monitoring Market Size, Share & Trends Analysis Report By Product, By Sampling Method (Active, Continuous), By Component (Temperature, Particulate Matter), By Application, And Segment Forecasts To 2028
Human Capital Management (HCM) Market Size, Share & Analysis, By Component (Software, Services), By Deployment Model (Cloud, On-premises), By Organization Size (Large Enterprises, Small and Medium-sized Enterprises), By Industry Vertical (BFSI, IT & Telecom, Manufacturing, Retail, Healthcare, Others), And By Region, Forecast To 2027
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Field Service Management Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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