London, UK (PRWEB) March 11, 2015
The rapidly developing field service management (FSM) market is expected to grow exponentially in the offing, driven by a number of factors like the surging demand for higher customer satisfaction, advancement of technology in the sector, skyrocketing demand for efficient productivity and low-cost solutions amid enterprises, among others. FSM assist businesses in enhancing their productivity and efficiency by offering competent solutions like inventory management, work order management, customer relationship management, reporting, invoicing and billing. These solutions are gathering speed in a variety of industry verticals like construction, oil & gas, transportation, security, health care, etc. However, the dearth of awareness about field service management solutions resulting in a slow rate of their adoption by organisations, and mushrooming demand for qualified management of FSM are among the major factors limiting the sector’s growth.
The global field service management (FSM) market value is forecast to increase from USD 1.58 billion as of 2014 to USD 3.52 billion by 2019-end, at a 17.3% CAGR. North America will likely be the largest market as regards market size; whereas the markets of Europe and APAC are likely to register the fastest growth in the years to come.
The FSM market is dominated by top players like Oracle, SAP, Click Software Technologies, IBM, Astea International, IFS, PTC, Infor, Trimble Navigation, and Service Power.
Topical research report “Field Service Management Market by Solution (Work Order Management, Schedule and Dispatch, Inventory Management), by Service, by Deployment Type (Cloud, and On-Premise), by User Type (SMBs and Enterprise), by Industry Vertical & by Region - Global Forecasts to 2019” elaborated by MarketsandMarkets (M&M) is now available at MarketPublishers.com.
Title: Field Service Management Market by Solution (Work Order Management, Schedule and Dispatch, Inventory Management), by Service, by Deployment Type (Cloud, and On-Premise), by User Type (SMBs and Enterprise), by Industry Vertical & by Region - Global Forecasts to 2019
Published: January, 2015
Price: US$ 4,650.00
The research study provides an in-depth analysis of the global FSM marketplace, segmenting it based on solution, deployment type, user type, industry vertical, and by geography; and providing a comprehensive market size analysis and forecast for each of the segments for 2012-2019. The report casts light on the market dynamics, defining the driving factors for the market, growth limiters, lucrative opportunities, challenges and hot issues alongside the current adoption trends in the market. The research publication examines the competitive landscape and offers profiles of the 10 leading players. Furthermore, the future prospects for the market are highlighted.
- Comprehensive coverage of the market and in-depth segmentation, with detailed revenue figures provided for the market as a whole and its major sub-segments. The market figures are further broken down various regions and industry verticals.
- Deep insights into the competitors providing an overall picture of the competitive landscape, comprising end user analysis, M&As, and VC funding. Detailed profiles of the top 10 market players contain useful information assisting in placing one’s company way ahead of the competitors.
- Deep insights into key market restraints, drivers, challenges, and opportunities will help understand the pulse of the marketplace.
More topical studies by the publisher can be found at MarketsandMarkets page.