Global Field Service Management Market valued approximately USD 2 Billion in 2016 is anticipated to grow with a healthy growth rate of more than 14% over the forecast period 2017-2025. Few factors such as growing customer satisfaction, rising number of field operations in oil & gas, manufacturing, and minimize operational costs are the key drivers of the market growth. Internet of Things offer several opportunities for the market growth. However, the growth is likely to be hampered by the concern over data security. Moreover, the market is likely to face restraint due to the increasing costs of field service management solutions.
Field Service Management is managing company’s resources employed at client’s property, rather than company’s property. Its example, locating of vehicles, managing worker’s activities, scheduling and dispatching of work, accounting, billing and others.
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There are several benefits of field service management software such as growing revenue, better resource allocation and co-ordination and reduction of cost. This software also helps in the billing, statement of work and offer oversight.
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
o Customer Management
o Work Order Management
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o Inventory Management
o Service Contract Management
o Tracking & Performance Management
> Services
o Implementation
o Support & Training
o Consulting
By Deployment:
> Control
> On-Premises
By Organization Size:
> Small & Medium-Size Enterprises (SMEs)
> Large Enterprise
By Industry Vertical:
> Banking, Financial Services & Insurance
> Telecom & IT
> Manufacturing
> Healthcare &Life Science
> Consumer Goods & Retails
> Transportation & Logistics
> Contraction & Real Estate
> Energy & Utilities
> Others
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By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Questions & Answers Market Research/Analysis Report Contains to your following:
- What is the current size of the market and how is it expected to grow in the future?
- What are the key drivers influencing market growth?
- What are the major challenges or constraints faced by market participants?
- What are the emerging trends and opportunities in the market?
- Who are the major competitors in the market and what is their market share?
- What are the key customer segments and their preferences within the market?
- What are the regional or geographic trends and variations within the market?
- What are the regulatory and legal factors impacting the market?
- What are the technological advancements or innovations shaping the market?
- What are the pricing trends and strategies observed in the market?
- What are the distribution channels and their effectiveness in reaching the target market?
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