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Field Service Management Market - Global Forecast to 2020 - Need for a Centralized System for Management of Field Services - Research and Markets

[April 27, 2016]

Field Service Management Market - Global Forecast to 2020 - Need for a Centralized System for Management of Field Services - Research and Markets

Research and Markets has announced the addition of the "Field Service Management Market by Solution, by Service, by Deployment Type, by User Type, by Industry Vertical & by Region - Global Forecast to 2020" report to their offering.

The global Field Service Management (FSM) market is expected to grow from USD 1.97 Billion in 2015 to USD 5.11 Billion by 2020, at a CAGR of 21.0%. Factors such as the need for a centralized system for the management of field services and the increase in operational efficiency are expected to encourage the growth of this market.

North America is projected to hold the largest market share and is expected to dominate the FSM market from 2015 to 2020. The factors supplementing the growth of this market are the increasing usage of mobile devices and reduction in operational costs. The market in Asia-Pacific is expected to show a significant growth potential in the years to come. This extensive growth is owing to the presence of heavy industries such as manufacturing, oil & gas, and enery & utilities.

In the years to come, it is expected that the Field Service Management market will grow substantially with the advancements in enterprise mobility, along with the upsurge in mobile field service solutions. However, the lack of awareness about the benefits of FSM solutions and security concerns with respect to access to confidential data are likely to inhibit the growth of this market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Field Service Management Market Overview

6 Field Service Management Market: Industry Trends

7 Field Service Management Market Analysis, By Solution

8 Field Service Management Market Analysis, By Service

9 Field Service Management Market Analysis, By Deployment Type

10 Field Service Management Market Analysis, By User Type

11 Field Service Management Market Analysis, By Industry Vertical