Field Service Management Market – Global Industry Forecast & Analysis over 2020 - 2026

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Field Service Management Market Global
Industry Forecast Analysis over 2020 - 2026
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• Field Service Management Market Scenario

• Field service management offers several
  advantages such as workflow standardization,
  reduction of paperwork, quicker invoicing, cost
  reduction, accuracy task tracking, dynamic
  scheduling, and more. These systems can monitor
  real-time activities of field technicians which
  results in improved workflow efficiency of the
  business.
• The end-users are also able to monitor real-time
  data related to the issue resolution and the
  field technician which results in increased
  customer satisfaction. Hence, the
  above-mentioned advantages associated with field
  service management are expected to fuel the
  growth of the field service management market
  over the forecast period.
• However, the high cost associated with the
  installation and maintenance of field service
  management might hamper the growth of the market.
  Though, in response to the rising demand for
  these systems, manufacturers are focused on
  research and development activities which is
  expected to put positive impact on the growth of
  global market.

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• The cloud-based field service management is
  projected to be the fastest growing segment over
  the period of research study. This is mainly due
  to rising demand for automated management system
  in order to improve productivity and reduce
  operational cost of the enterprises across the
  globe. The cloud-based software offers superior
  advantages during the time of service deliver
  such as efficiency in customer service
  management, improved communication between
  technician and supervisors, remote monitoring,
  integration of critical information in one
  location, and comparatively easy scheduling of
  work.

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• Regional Analysis

• North America field service management market is
  anticipated to dominate by holding significant
  share over the forecast period. This dominance
  can be attributed to early adoption of technology
  across the region. In North America,
  organizations are engaged in developing
  best-in-class field service management solutions
  in order to gain enhanced end-user satisfaction
  which can result in improved customer scale in
  the coming years.

• Competitive Analysis

• The global field service management industry is
  fragmented with multiple regional and
  international players. As the market is highly
  competitive, the companies are focused on
  developing innovative solutions which will result
  in differentiating their solutions with other
  players. Some of the major player operating in
  this market are Geoconcept, Oracle, Fieldez, SAP,
  Zinier, Microsoft, Fieldaware, IFS, Overit,
  Clicksoftware, Trimble, Servicemax, Salesforce,
  Astea, Infor, and Comarch.

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