This field service management software outfits service companies of every size and specialization with the scheduling dispatching routing equipment tracking and work order management capabilities they need to reach the next level.
Field service management software market size.
As of now the current market size for mobile field service management sector has rocked past the 1 58 billion mark on a worldwide level.
This has been calculated at a compound annual growth rate cagr of 17 3.
The global field service management market size was valued at usd 1 725 8 million in 2016 and is expected to witness significant growth with an approximate cagr of 10 due to the growing number of field operations across different end use industries such as telecom oil gas construction and energy utilities.
The global field service management market is expected to grow from 1 58 billion as in 2014 to 3 52 billion by 2019.
However lack of skills expertise related to field service management software is one of the factors that limit the growth of the fsm market during the assessment period on march 2018 ibm partnered with sap se for creating field service solutions for industrial machinery and components im c companies to reduce service and maintenance.
Field service management market statistics.
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The field service management fsm market is segmented by deployment on premises cloud based organisation size small medium enterprises large enterprises fsm software and service type scheduling dispatch route optimization service contract management work order management end user allied fm it telecom healthcare lifesciences and geography.