Field Service Management Market- Forecast(2018 - 2023)

Posted by Venkatesh on September 3rd, 2018

According to the new market research report by IndustryARC titled “Field Service Management Market By Solution (Work Order Management, Scheduling and Routing, Inventory Management and Others); By Deployment Model (Cloud, Hybrid, On Premise); By User Type (SMES, Large Enterprise); By End Use Industry (Transportation, Energy and Power, Oil and Gas etc.); By Service & Geography - Forecast(2018 - 2023),” the market will be driven by efficient planning of projects and growing adoption of mobile applications.

North America will Dominate the Field Service Management Market

North America will dominate the field service management market during the forecast period. Companies are willing to invest in developing technologies in countries of the U.S. and Canada. Optimized infrastructure costs and technology advancements will enhance the growth of field service software in North America. Asia Pacific will be the fastest growing region in the forecast period followed by Europe. In Asia Pacific, the growth of the market is due to the growing number of end user industries along with the growing demand for optimized workflow.

Selected Regulatory Analysis Done in the Full Report:

The utilities sector will dominate the Field Service Management Market in the forecast period. This is due to the need for automating business processes in power plants which need to enhance their productivity for improving their business. The oil and gas industry will have a huge growth due to increasing demand for petroleum products. The construction industry is also expected to have a fast growth due to industrialisation and increasing population, especially in the countries of India and China. The growth of the construction industry leads to the adoption of field maintenance software.

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Selected Driving Factors Mentioned in the Full Report

Growing need for improved efficiency will propel the demand for the field service management industry.

Growth of the construction industry spurs the demand for the field service management during the forecast period.

Increasing number of end user industries provides opportunities to the field service management market.

Advancement of cloud services will support the integration of the cloud to the (Field Service Management (FSM) software. This factor will boost the demand for the field maintenance software.

Key Players of the Field Service Management Market

The key players of the Field Service Management Market include Clicksoftware, IFS, Microsoft, and Oracle. Clicksoftware helps in optimizing field resources for enhancing productivity. It delivers an exceptional experience that attracts customers. IFS provides Enterprise Resource Planning (ERP) software products, such as Project ERP) software products and manufacturing ERP. Microsoft has introduced Dynamics 365 which is used for field service. It delivers an end to end service experience. Oracle has provided the Oracle Field Service Cloud which is built on self learning and predictive technology. This service helps you to solve business problems.

The Field Service Management Market is Segmented as Indicated Below:

High degree of technological advancements in developing countries will bolster the growth of the Field Service Management Market.

A. Field Service Management Market By Solution
1 Scheduling and Routing
2 Customer Engagement Management
3 Work order Management
4 Invoicing and Accounting
5 Inventory Management
6 Mobile Field Execution
7 Warranty Management
8 Service Contract Management
9 Reporting and Dashboards
10 Performance Management
11 Others

B. Field Service Management Market By Service
1 Installation/ Implementation
2 Training and Support
3 Consulting
4 Managed Services
5 Others

C. Field Service Management Market By Deployment Model

1 Cloud
2 On Premise
3 Hosted

D. Field Service Management Market By User Type
1 Small and Medium Sized Enterprises (SMES)
2 Large Enterprises

E. Field Service Management Market By End User Industry
1 Aerospace and Defense
1.1 Military and Defense
1.2 Commercial Aviation
1.3 System Integrators
1.4 MRO
1.5 Others
2 BFSI
2.1 Insurance
2.2 Financial
2.3 Banking
2.4 Service Providers
3 Energy and Power
3.1 Power Generation
3.2 Distribution and Transmission
4 Food and Beverage
5 Healthcare
6 Manufacturing
6.1 Semiconductor and Electronics
6.2 Process Manufacturing
6.3 General Manufacturing
7 Metal and Mining
7.1 Mining
7.2 Metal Foundry
8 Oil and Gas
8.1 On Shore
8.2 Off Shore
9 Pharmaceutical
10 Telecom
11 Transportation
11.1 Automotive
11.2 Railway
11.3 Maritime
12 Water and Wastewater Management
13 Others

F. Field Service Management Market By Geography (20+ countries)
G. Field Service Management Market Entropy
H. Company Profiles
1 Clicksoftware
2 IFS
3 Microsoft
4 Oracle
5 General Electric
6 Astea International
7 ServicePower Technologies
8 SalesForce
9 Praxedo
10 SAP SE
More than 10 companies are profiled in this report

What can you expect from the report?

The Field Service Management Market Report is prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories
2. Market Trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End User Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (By Revenue & Volume)
12. Country level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis

Any other major customizations can be discussed with our team. We can also provide you with a separate quote based on your requirements. You can drop an e-mail to sales@industryarc.com to learn more about our consulting services.

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