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.
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 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
B. Field Service Management Market By Service
C. Field Service Management Market By Deployment Model
D. Field Service Management Market By User Type
E. Field Service Management Market By End User Industry
F. Field Service Management Market By Geography (20+ countries)
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
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About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
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