Reports & Insights newly published a report titled “Field Service Management Market: Opportunity Analysis and Future Assessment 2022-2030” that accentuates the information related to market including commercial potential, future opportunities and challenges, current trends in an absolute meticulous and thorough manner. The base year considered for the study is 2021, and the market size is projected from 2022-2030. Furthermore, the report also includes the data associated with the market size, segmentation, textual & graphical assessment of the global market growth trends over the forecast period of 2022 to 2030.
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Field Service Management Introduction
Field service management (FSM) entails the administration of an organization’s resources employed. It assists in harmonizing field operations via variables. It generally pertains to organizations who are required to regulate installation, repairs, or service of equipment or systems as it offers programmed service orders, shipping agents, and monitoring vehicle locations and job status. Moreover, it is helpful in the automation of field agents of a crew of service professionals via mobile systems.
Field Service Management Market Dynamics
The growing demand of time and cost-effective solutions in the field services industry is one the major factors that is essentially driving the field service management market growth. Also, the rapid rise in adoption of digitalization and automation in the field services industry is further expected to positively fuel the market growth of field service management in the coming years.
In addition to that, the swift rise in the adoption of these cost-effective solutions by small and medium-sized businesses is also estimated to offer enormous breakthroughs to the growth of the global field service management market over the future years. Having said that, there are few factors that are likely to hold back the market growth in the near future.
One of the primary restraints is the inadequacy of expertise related to the field service management software and notably, as field service management software needs expert professionals, it may hamper the global field service management market growth in the following years.
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Field Service Management Market Segmentation
The global Field Service Management market is segmented on the basis of product, end user and region.
By Components
- Solution
- Services
By Solutions
- Schedule, Dispatch, and Route Optimisation
- Customer Management
- Work Order Management
- Inventory Management
- Service Contract Management
- Reporting and Analytics
- Other Solutions (Billing, Invoicing, Tracking and Performance Management)
By Services
- Integration and implementation
- Training and Support
- Consulting
By Deployment Type
- On-Premise
- Cloud
By Organization Size
- Large Enterprises
- SMEs
By Verticals
- Telecom
- IT and IteS
- Healthcare and Life Sciences
- Manufacturing
- Construction and Real Estate
- Transportation and Logistics
- Energy and Utilities
- Oil and Gas
- Other Verticals (BFSI and Retail)
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Field Service Management Market Key Players
The key participating players of the global field service management market include Oracle, Microsoft, Salesforce, IFS, ServiceMax, SAP, Infor, Trimble, Comarch, ServicePower, OverIT, FieldAware, Geoconcept, Zinier, Accruent, among others.
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