Cloud Field Service Management Market, Global Outlook and Forecast 2023-2029
Technological improvements are providing opportunities to enhance productivity and improve customer experiences by managing inventories and Others field related operations. Field service management (FSM) solutions make efficient use of a company's historical data and offer the necessary trends and patterns to improve customer services. FSM services extend superior customer services into the field and provide operational efficiency even in complex organizations. Cloud-based field service management solutions provide timely updates and have reporting features that allow field service officials to work efficiently. Increased adoption of cloud and SaaS in FSM is contributing significantly to the growth of the cloud field service management market. In addition, demand for highly automated solutions are creating opportunities for the growth of cloud field service management. Various business organizations are determining the value that FSM software can bring to the organization for its employees, shareholders, and customers. Cloud based FSM ensures all the information is processed seamlessly and increases the efficiency of businesses by improving collaborations.
This report aims to provide a comprehensive presentation of the global market for Cloud Field Service Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Field Service Management. This report contains market size and forecasts of Cloud Field Service Management in global, including the following market information:
Global Cloud Field Service Management Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Cloud Field Service Management market was valued at US$ 793.9 million in 2022 and is projected to reach US$ 2202.6 million by 2029, at a CAGR of 15.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Strict regulations concerning the Federal Information Security Management Act (FISMA), and Payment Card Industry Data Security Standard (PCI-DSS) and Others are limiting the market growth. Moreover, integration of the existing systems with cloud field service management solutions is a major challenge. Lack of awareness about cloud field service management solutions is also anticipated to restrain the market growth during the forecast period.
We surveyed the Cloud Field Service Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cloud Field Service Management Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Cloud Field Service Management Market Segment Percentages, by Type, 2022 (%)
Public Cloud
Private Cloud
Hybrid Cloud
Global Cloud Field Service Management Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cloud Field Service Management Market Segment Percentages, by Application, 2022 (%)
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
Global Cloud Field Service Management Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cloud Field Service Management Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cloud Field Service Management revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cloud Field Service Management revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Industrial and Financial Systems AB
Servicenow
Salesforce
SAP SE
Oracle
IBM
Servicepower Technologies PLC
Clicksoftware Technologies Ltd.
Servicemax
Acumatica
Microsoft
Astea International Inc.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cloud Field Service Management, market overview.
Chapter 2: Global Cloud Field Service Management market size in revenue.
Chapter 3: Detailed analysis of Cloud Field Service Management company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Cloud Field Service Management in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
