Field Service Management (FSM) Software Market: Europe to Occupy 31% Market Share | Evolving Opportunities with Coresystems AG & FieldAware Group Ltd. | Technavio
NEW YORK, June 20, 2022 /PRNewswire/ -- The field service management (FSM) software market size is expected to grow by USD 3.68 billion from 2020 to 2025. However, the growth momentum will decelerate at a CAGR of 18.22% as per the latest market report by Technavio. 31% of the market's growth will originate from Europe during the forecast period. Germany and the UK are the key markets for the field service management (FSM) software market in Europe. Market growth in this region will be slower than the growth of the market in regions such as APAC and MEA. The need for a faster response to the changing business requirements and the availability of the subscription-based pricing model will facilitate the field service management (FSM) software market growth in Europe over the forecast period.
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Read the 120-page report with TOC on "Field Service Management (FSM) Software Market Analysis Report by Deployment (On-premise and Cloud-based) and Geography (North America, Europe, APAC, MEA, and South America), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/field-service-management-fsm-software-market-market-industry-analysis
Get ready to achieve excellent business outcomes from this exclusive Field Service Management (FSM) Software Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -
- What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
- What is the current trend taking place in the market space?
- Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
- What are market drivers, restraints, and challenges impacting demand & growth of the market?
- Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Field Service Management (FSM) Software Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Field Service Management (FSM) Software Market Forecast Report - Buy Now!
- Driver: The field service management (FSM) software market is driven by the various pricing strategies by vendors.
- Trend: The introduction of predictive analytics in FSM software is anticipated to fuel the growth as a major trend for the Field Service Management (FSM) Software Market.
- Challenges: High cost of deploying FSM software will be a major challenge for the field service management (FSM) software market during the forecast period.
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The field service management (FSM) software market is fragmented and the vendors are deploying growth strategies such as extended functionality of their solutions to compete in the market. Few companies with key offerings include -
- Coresystems AG - The company offers field service management solutions with software such as crowd service, workforce scheduling, field service dispatching software, field service analytics, reports, and dashboards, customer self-service, field service knowledge management, work order management software, mobile field service management software, integration and cloud, security and GDPR software.
- FieldAware Group Ltd. - The company offers a field service platform, an Open API that can be integrated into the existing systems, without disrupting the ERP, CRM, and/or accounting systems for businesses of all sizes.
- FieldEZ - The company offers field service management software that provides standardization in workflow, minimum manual labor and paperwork, fast invoicing, dynamic scheduling and urgent task management, route optimization and fuel control, route optimization and fuel control, inventory management and monitoring tracking,
- Kirona Solutions Ltd. - The company offers software solutions for dynamic resource scheduling, job scheduling, work management, mobile workforce management, field service management, analytics, and performance.
- Microsoft Corp. - The company offers field service management software, under the brand name of Dynamics 365 field service with features such as proactive service delivery, optimized scheduling with AI, first-time fix resolution,
Deployment Outlook (Revenue, USD bn, 2020-2025)
- On-premise - size and forecast 2020-2025
- Cloud-based - size and forecast 2020-2025
Geography Outlook (Revenue, USD bn, 2020-2025)
- North America - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- APAC - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
- South America - size and forecast 2020-2025
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- The artificial intelligence market share in the healthcare sector is expected to increase to USD 13 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 29.16%.
- The self-services technologies market share is expected to increase to USD 17.39 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 10.65%.
Field Service Management (FSM) Software Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Decelerate at a CAGR of 18.22% |
Market growth 2021-2025 |
USD 3.68 billion |
Market structure |
Fragmented |
YoY growth (%) |
19.74 |
Performing market contribution |
Europe at 31% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Coresystems AG, FieldAware Group Ltd., FieldEZ, Kirona Solutions Ltd., Microsoft Corp., Oracle Corp., OverIT Spa, ServiceMax Inc., ServicePower Inc., and Zinier Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Global application software market
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces analysis 2020 & 2025
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Deployment
- 5.1 Market segments
- Exhibit 15: Deployment - Market share 2020-2025 (%)
- 5.2 Comparison by Deployment
- Exhibit 16: Comparison by Deployment
- 5.3 On-premise - Market size and forecast 2020-2025
- Exhibit 17: On-premise - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: On-premise - Year-over-year growth 2020-2025 (%)
- 5.4 Cloud-based - Market size and forecast 2020-2025
- Exhibit 19: Cloud-based - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Cloud-based - Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Deployment
- Exhibit 21: Market opportunity by Deployment
- 6 Customer landscape
- 7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 23: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 24: Geographic comparison
- 7.3 North America - Market size and forecast 2020-2025
- Exhibit 25: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 26: North America - Year-over-year growth 2020-2025 (%)
- 7.4 Europe - Market size and forecast 2020-2025
- Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
- 7.5 APAC - Market size and forecast 2020-2025
- Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
- 7.6 MEA - Market size and forecast 2020-2025
- Exhibit 31: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 32: MEA - Year-over-year growth 2020-2025 (%)
- 7.7 South America - Market size and forecast 2020-2025
- Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 35: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 36: Market opportunity by geography ($ million)
- 8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 37: Impact of drivers and challenges
- 8.3 Market trends
- 9 Vendor Landscape
- 9.1 Overview
- Exhibit 38: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 39: Landscape disruption
- Exhibit 40: Industry risks
- 10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 41: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 42: Market positioning of vendors
- 10.3 Coresystems AG
- Exhibit 43: Coresystems AG - Overview
- Exhibit 44: Coresystems AG - Product and service
- Exhibit 45: Coresystems AG - Key offerings
- 10.4 FieldAware Group Ltd.
- Exhibit 46: FieldAware Group Ltd. - Overview
- Exhibit 47: FieldAware Group Ltd. - Product and service
- Exhibit 48: FieldAware Group Ltd. - Key news
- Exhibit 49: FieldAware Group Ltd. - Key offerings
- 10.5 FieldEZ
- 10.6 Kirona Solutions Ltd.
- Exhibit 53: Kirona Solutions Ltd. - Overview
- Exhibit 54: Kirona Solutions Ltd. - Product and service
- Exhibit 55: Kirona Solutions Ltd. - Key offerings
- 10.7 Microsoft Corp.
- Exhibit 56: Microsoft Corp. - Overview
- Exhibit 57: Microsoft Corp. - Business segments
- Exhibit 58: Microsoft Corp. - Key news
- Exhibit 59: Microsoft Corp. - Key offerings
- Exhibit 60: Microsoft Corp. - Segment focus
- 10.8 Oracle Corp.
- Exhibit 61: Oracle Corp. - Overview
- Exhibit 62: Oracle Corp. - Business segments
- Exhibit 63: Oracle Corp. - Key news
- Exhibit 64: Oracle Corp. - Key offerings
- Exhibit 65: Oracle Corp. - Segment focus
- 10.9 OverIT Spa
- Exhibit 66: OverIT Spa - Overview
- Exhibit 67: OverIT Spa - Product and service
- Exhibit 68: OverIT Spa - Key news
- Exhibit 69: OverIT Spa - Key offerings
- 10.10 ServiceMax Inc.
- Exhibit 70: ServiceMax Inc. - Overview
- Exhibit 71: ServiceMax Inc. - Product and service
- Exhibit 72: ServiceMax Inc. - Key news
- Exhibit 73: ServiceMax Inc. - Key offerings
- 10.11 ServicePower Inc.
- Exhibit 74: ServicePower Inc. - Overview
- Exhibit 75: ServicePower Inc. - Product and service
- Exhibit 76: ServicePower Inc. - Key offerings
- 10.12 Zinier Inc.
- Exhibit 77: Zinier Inc. - Overview
- Exhibit 78: ServicePower Inc. - Product and service
- Exhibit 79: Zinier Inc. - Key news
- Exhibit 80: Zinier Inc. - Key offerings
- 11 Appendix
- 11.1 Scope of the report
- 11.2 Currency conversion rates for US$
- Exhibit 81: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 82: Research Methodology
- Exhibit 83: Validation techniques employed for market sizing
- Exhibit 84: Information sources
- 11.4 List of abbreviations
- Exhibit 85: List of abbreviations
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