Global Field Service Management Market Report 2020
The ‘Global Field Service Management Market Forecast to 2027’ published by Reports and Data takes a comprehensive approach towards studying the key trends influencing the growth of this sector. The research focuses on the changes and progress in the business context due to the recent COVID-19 pandemic. According to the research study, the Global Field Service Management market is estimated to reach USD 10.78 billion by 2027, from its valuation of USD 3.58 billion in 2019, at a CAGR of 13.36% through the forecast period. The report evaluates key aspects of the sector to predict the impact of the pandemic on the growth of the market. The report investigates key aspects such as financial standing, research and development, product offerings, current deals, investments, strategic alliances and collaborations, mergers, acquisitions, joint ventures, and product development and launches.
The report evaluates the latest scenario and is updated with the current alterations in the economy due to the COVID-19 pandemic. The outbreak has resulted in some major changes in the current scenario. The study evaluates the current market scenario, along with the COVID-19 effects on the present and future scenarios.
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The major companies studied in the Global Field Service Management Market Report are:
IFS, SAP, Oracle, Microsoft, Astea, Infor, Trimble, Comarch, Clicksoftware, and Overit
The report analyzes the strategic alliances observed in the market for new products, partnerships, and collaborations between key players in the market.
Component Outlook (Revenue, USD Million; 2017-2027)
- Inventory Management
- Service Contract Management
- Work Order Management
- Mobile Field Service Management
- Schedule & Dispatch
- Remote Support
- Handheld Measurement Tools
- Communication Tools
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- Integration & Implementation
- Training & Support
End-Use Industry Outlook (Revenue, USD Million; 2017-2027)
- Electrical Contractors
- Property Management
- Building Facilities Management
- Industrial Manufacturing
Scope of the Market:
The report gives an accurate and elaborate evaluation of the market for the forecast period to gain an understanding of the global sector for formulating better investment approaches. The industry has recently observed a drastic change, owing to the COVID-19 pandemic. The report gives a precise estimation to help readers understand the impact of COVID-19 on the concerned market in the forecast years and help combat challenges that may arise in the future.
The report further analyzes the factors and initiatives contributing to the growth of the market. The study suggests leading companies have in the sector have grasped the opportunities emerging in the market and are expected to benefit from the options. The shift in consumer preferences and growing demand will contribute to the growth of the market.
The study further explores and provides an in-depth analysis of current market dynamics and recent trends, with a special focus on various key factors and potential growth opportunities and risks. The report focuses on leading regions and their major countries to anticipate market growth in the forecast years. The major geographical regions included in the study are North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
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In this study, the following years are used to estimate the Global Field Service Management Market:
Historical Year: 2017-2018
Base year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Objectives of the Report:
- To study, evaluate, and project the changes in the leading segments of the sector according to the COVID-19 impact.
- To calculate market size and CAGR for the current and forecast period.
- To examine the recent technological advancements in the sector and technology pipeline and evaluate the impact of COVID-19 on the advancements and expenses by companies.
- To conduct a regional analysis by considering a market concentration in the leading regions.
- To assess the area expected to grow significantly in the future and key factors contributing to the revenue.
- To emphasize existing growth opportunities, challenges, risks, drivers, and constraints expected to affect the market in the coming years.
- To screen and profile leading companies in the sector, as well as their product portfolios and strategic alliances.
The report is up-to-date with the latest economic scenario with driver constraints, demand-supply ratio, value, growth rate, and other key segments. The report utilizes the SWOT analysis and Porter’s Five Force Analysis for a comprehensive study and evaluation of the leading companies.
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