Global Work Order Management System Market 2019-2027: Integration of Mobile Apps & Cloud Solutions for Work Order Management Systems Creates Lucrative Opportunities

DUBLIN, April 3, 2019 /PRNewswire/ -- The "Work Order Management System Market to 2027 - Global Analysis and Forecasts by Deployment Type, Component; and End-user Industry" report has been added to ResearchAndMarkets.com's offering.

In terms of revenue, the global work order management system market is expected to grow to US$ 1,641.15 million in 2027 from US$ 744.96 million in 2018.

The growing penetration of enterprise software and solutions for improving the organizational structure and streamlining business activities for achieving operational efficiency is gaining momentum. As a result, the demand for efficient IT-enabled solutions related for work scheduling, maintenance, monitoring, tracking assets, and operation among other related business operation has gained significant traction among leading manufacturers and service providers.

In addition, the growing popularity of cloud, mobile, and web solutions for real-time monitoring and maintenance tracking is also expected to propel the work order management system market growth in the coming years.

The global work order management systems market is a highly fragmented market with the presence of substantial regional and local players providing various solutions for small and medium enterprises. Moreover, the lack of sustainable competitiveness among leading players coupled with the low cost of software and technical expertise has further reduced the entry barriers enabling the strong threat from regional and local players operating in the work order management system market.

On the basis of the deployment type, the on-premise work order management system is the leading segment of the global work order management system market. The on-premise software is highly secured, reliable, and enable the enterprises to maintain and continue with a high level of control which the cloud often cannot. Also, the on-premise software is installed in the server and firewall of enterprises which is offered for a long term period and continue to effectively serve the business requirements, which is further enhancing the work order management system market in the forecast period.

The report provides the overview and forecast for the global work order management system market based on all the segmentation rovided with respect to five major reasons such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Laura Wood, Senior Manager
[email protected]  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-work-order-management-system-market-2019-2027-integration-of-mobile-apps--cloud-solutions-for-work-order-management-systems-creates-lucrative-opportunities-300824028.html

SOURCE Research and Markets

[ Back To TMCnet.com's Homepage ]