The field service management software market is expected to grow by USD 3.43 billion, progressing at a CAGR of over 17% during the forecast period.
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Technavio has announced its latest market research report titled Global Field Service Management (FSM) Software Market 2020-2024 (Graphic: Business Wire).
The various pricing strategies by vendors is one of the major factors propelling market growth. However, factors such as the high cost of deploying FSM software will hamper market growth.
Field Service Management Software Market: Deployment Landscape
The biggest advantage of the on-premises FSM software is that organizations have complete control over their critical data, which has been driving its sales. However, the field service management software market share growth by the on-premise segment will be slower than the growth of the market by the cloud-based segment during the forecast period.
Field Service Management Software Market: Geographic Landscape
Factors such as economic expansions in India, China, Malaysia, and Thailand and the rising popularity of the Internet and mobile devices will significantly drive field service management software market growth in this region over the forecast period. 32% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for field service management software in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
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Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
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Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Deployment
Comparison by Deployment
On-premise - Market size and forecast 2019-2024
Cloud-based - Market size and forecast 2019-2024
Market opportunity by Deployment
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers – Demand led growth
Market positioning of vendors
FieldAware Group Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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