Field Activity Management Market is valued approximately USD 1.00 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 16.00 % over the forecast period 2022-2028. Field Activity Management is the skill of overseeing and reacting to all of a company’s moving pieces that operate outside of its headquarters. Previously, a business unit that worked in this fashion had to classify itself as either a Sales Force or a Field Service Organization. The increased adoption of cloud-based deployment and rising penetration of smartphones has led the adoption of Field Activity Management across the forecast period. The increased adoption of cloud-based deployment with growing collaboration among companies.
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For Instance: Anand Priya Singh, Cyber Media Research (CMR) Analyst – Industry Intelligence Group, smartphone shipments increased by 11% year on year, from 150 million in 2020 to 167-168 million in 2021predicted that smartphone shipments will hover around 187-190 million in 2022, with 5G device shipments increasing by 129% year-on-year from 28 million in 2021 to about 64 million in 2022. Ansys announces strategic collaboration with AWS to transform cloud-based engineering simulations. Also, with the increasing need to make informed decision and rising adoption of field activity management, the adoption & demand for Field Activity Management is likely to increase the market growth during the forecast period. However, tracking the workforce in real-time and resistance from field workers impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Field Activity Management market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the adaptation of enterprise mobility solutions to meet the growing demand for securing and protecting critical data. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as constant economic growth, increasing the young workforce, and the increasing usage of tablets and smartphones would create lucrative growth prospects for the Field Activity Management market across Asia-Pacific region.
Major market players included in this report are:
Repsly (US)
ESRI (US),
SAP (Germany),
Fielda (US),
Fulcrum (US),
ProntoForms (Canada),
OnSource (US),
SafetyCulture (Australia),
Field Safe Solutions (Canada),
GoCanvas (US)
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Component:
Solution
Services
By Vertical:
Telecom
Energy and Utilities
Construction and Real- Estate
Manufacturing
Agriculture
Government
Other Verticals
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Market research objective you provided focuses on conducting a comprehensive analysis of a specific market. Here is a breakdown of the research objectives you mentioned:
To analyze and forecast the market size of the market:
- This objective involves assessing the current market size and using historical data and market trends to forecast its future size.
- This analysis helps in understanding the market’s growth potential and opportunities.
To classify and forecast the global market based on product, material, application, and region:
- This objective aims to categorize the market based on different factors such as product types, materials used, applications, and geographical regions.
- It also involves forecasting the market size and growth for each category, providing a detailed understanding of market segmentation.
To identify drivers and challenges for the global market:
- This objective focuses on identifying the factors that drive market growth and those that pose challenges or constraints.
- Understanding the drivers helps in recognizing opportunities, while understanding the challenges allows for mitigation strategies and informed decision-making.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations, and partnerships in the market:
- This objective involves analyzing the competitive landscape of the market. It includes studying activities such as mergers and acquisitions, agreements, collaborations, and partnerships among market players.
- This analysis provides insights into the market’s competitive dynamics and strategic moves by key players.
To conduct pricing analysis for the market:
- This objective aims to analyze pricing strategies within the market. It involves assessing pricing trends, price variations based on different factors, and understanding price sensitivity among customers.
- This analysis helps in formulating effective pricing strategies for market players.
To identify and analyze the profile of leading players operating in the market:
- This objective involves profiling and analyzing the key players in the market. It includes studying their business strategies, financial performance, product portfolios, market share, and competitive advantages.
- This analysis helps in understanding the competitive landscape and benchmarking against industry leaders.
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