Global Cloud Field Service Management (FSM) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
MarketResearch.biz delivers in-depth insights on the global cloud field service management (FSM) market in its upcoming report titled, “Global Cloud Field Service Management (FSM) Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global cloud field service management (FSM) market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global cloud field service management (FSM) market report has been segmented on the basis of software, service, enterprise type, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Field service management solutions are being adopted by enterprises so as to enhance their operational efficiency and to meet customer needs. Filed service management helps in managing worker activities, locating delivery vehicles, scheduling, dispatching & tracking of work, integration of inventory storage data, accounting, and other back-office tasks.
Rising demand for automated management systems from enterprises so as to improve their operational productivity and reduce operational cost is a major factor driving growth of the global cloud field service management (FSM) market. In addition, increasing adoption of cloud based services and solution coupled with increasing adoption of internet of things (IoT) from various sectors such as retail, manufacturing, logistics are other factor further fueling growth of the global market.
Integration of cloud based management services with existing services or models is a complex process, which is a major factor restraining growth of the global cloud field service management (FSM) market. Increasing adoption software as a service (SaaS) is expected to create lucrative opportunities for major vendors in the global market over the forecast period.
High manufacturing cost and fluctuating raw material prices are key factors hampering growth of the Global Wireless Microphone Market . The current trend observed in the market is increasing demand for flexible wearables, smart watches, and flexible displays, which is another factor expected to further support growth of the target market. Increasing adoption of flexible electronics in smart applications is expected to present lucrative business opportunity to major manufacturers and vendors in the global market over the next 10 years.
North America market dominates the global cloud field service management (FSM) market in terms of revenue and is expected to maintain its dominance over the forecast period. The North America cloud field service management (FSM) market is expected to witness significant growth over the next 10 years. Presence of major vendors and increasing adoption of cloud based management services from various sectors are major factors driving growth of the North America cloud field service management (FSM) market. The Europe cloud field service management (FSM) market is expected to witness considerable growth in global market and is expected to register a CAGR of X.X% over the forecast period. The Asia Pacific cloud field service management (FSM) market is expected to witness highest growth in terms of revenue and is projected to register a CAGR of X.X% over the next 10 years.
Global cloud field service management (FSM) market segmentation:
Segmentation on the basis of software:
- Mobile Field Service Management
- Inventory Management
- Work Order Management
- Service Project Management
Segmentation on the basis of service:
- Consulting Services
- Integration and Migration
- Support and Maintenance
Segmentation on the basis of enterprise type:
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Industrial and Financial Systems (IFS) AB
- International Business Machines (IBM) Corporation
- ServiceNow, Inc.
- com, Inc.
- SAP SE
- Oracle Corporation
- Microsoft Corporation
- ServicePower Technologies plc
- ClickSoftware Technologies Ltd.
- Astea International Inc.
- ServiceMax, Inc.
- Acumatica, Inc.
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