Field Service Management (FSM) - Global Market Outlook (2016-2022)

Field Service Management (FSM) - Global Market Outlook (2016-2022)

  • Published: March 2017
  • ID: SMRC16369

According to Stratistics MRC, the Global Field Service Management (FSM) Market is accounted for $1.78 billion in 2016 and is expected to reach $4.45 billion by 2022 growing at a CAGR of 16.5% during the forecast period. Factors such as enhanced customer satisfaction, increasing number of field operations in manufacturing, oil & gas and reducing operational costs are driving the market growth. Internet of Things (IoT) provides ample of opportunities for the market growth.

Schedule and dispatch segment commanded the largest market share during the forecast period owing to requirement for quick service delivery to achieve enhanced customer experience. By geography, North America commanded the market, followed by Europe. Largest market share of North America is due to the high adoption of cloud technology mainly in the U.S. and Canada, which is the major reason for the continuous adoption of FSM solutions and services by the end-users.

Some of the key players in Field Service Management (FSM) market include Servicemax, Inc., SAP SE, PTC, Clicksoftware Technologies, Oracle Corporation, Servicepower Technologies PLC, Trimble Navigation Limited, Intac International LLC, International Business Machines Corporation, Astea International, Inc., Industrial and Financial Systems AB (IFS), Comarch and Microsoft Corporation.

Services Covered:
• Consulting
• Implementation
• Managed Services
• Training and Support
• Software as a service (SaaS)

User Types Covered:
• Large Enterprise
• Small and Medium Enterprise (SME)

Solutions Covered:
• Billing and Invoicing
• Work Order Management
• Tracking and Performance Management
• Mobile Field Execution
• Inventory Management
• Schedule and Dispatch
• Reporting and Dashboards

Deployment Types Covered:
• On-Premises
• Cloud

End Users Covered:
• Energy and Utilities
• Oil & Gas
• Financial Services
• Manufacturing
• Telecom and IT
• Construction and Real Estate
• Healthcare
• Transportation and Logistics
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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