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Detailed examination of the field service management market to grow USD 5.08 billion by 2023

IT Market Research

The field service management market includes several vendors, such as Accruent (US), Acumatica (US), Astea (US), Click Software (US), Comarch (Poland), Connect My World (India), Coresystems (Switzerland), Field Aware (US), GEOCONCEPT (France), IBM (US), IFS (Sweden), Infor (US), Jobber (Canada), Kickserv (US), Microsoft (US), Oracle (US), OverIT (Italy), Praxedo (France), Salesforce (US), SAP (Germany),ServiceMax (US), ServiceNow (US), Service Power (UK), Service Titan (US), and Service Trade (US).

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The field service management market size is expected to grow from USD 2.56 billion in 2018 to USD 5.08 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period.

Download Sample Copy of Field Service Management Market; spread across 157 pages, profiling 25 companies and supported with 66 tables and 41 figures is now available at Report at www.rnrmarketresearch.com/contacts…mple?rname=256714

The key players in the Field Service Management Market include – Accruent (US), Acumatica (US), Astea (US), Click Software (US), Comarch (Poland), Connect My World (India), Coresystems (Switzerland),  Field Aware (US), GEOCONCEPT (France), IBM (US), IFS (Sweden), Infor (US), Jobber (Canada), Kickserv (US), Microsoft (US), Oracle (US), OverIT (Italy), Praxedo (France), Salesforce (US), SAP (Germany),ServiceMax (US), ServiceNow (US), Service Power (UK), Service Titan (US), and Service Trade (US).

The report includes the in-depth competitive analysis of the key players in the field service  management market, with their company profiles, recent developments, and key market strategies. The research report segments the field service  management market by component (solutions and services), deployment type, organization size, industry vertical, and region.

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The field service management market size is expected to grow from USD 2.56 billion in 2018 to USD 5.08 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period. The market growth is expected to have driven by the increasing adoption of mobile applications and wearable devices among field workers.

The growing cloud hosting business and rapidly increasing number of Internet of Things (IoT) devices are expected to further fuel the growth of the field service management market, globally. However, the lack of expertise in feeding real-time data into field service management software is expected to restrain the growth of the market.

Get Field Service Management Market by Solution (Schedule, Dispatch, and Route Optimization, Customer Management, and Work Order Management), Service, Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2023 @ www.rnrmarketresearch.com/contacts…hase?rname=256714

Cloud offers several benefits, such as reduced physical infrastructure, less maintenance cost, and 24×7 data accessibility from anytime and anywhere, to organizations. Field service organizations prefer cloud solutions, as they offer scalability and agility to organizations and provide more functions at an affordable cost than on-premises solutions.

With the rapid advancements in the cloud technology, Software-as-a-Service (SaaS) is emerging as the best practice for companies that are looking for cost-effective functionalities. Cloud-based solutions also support real-time collaboration, thereby empowering field service organizations to communicate with their employees and customers before, during, and after each appointment.

As enormous amounts of data are being generated from field technicians, workers, and customers, cloud-based field service management solutions are gaining traction in the market.

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