September 23rd,2022 — This new report from Stratview Research analyses the Field Service Management Market over the trend period from 2014 to 2019 and forecast period from 2022 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Field Service Management Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Field Service Management Market is no different. Derived from the previous market scenario, the Field Service Management Market is likely to witness an impressive CAGR of 12.3% during the forecast period but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.
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The Field Service Management Market is segmented by–
- By Component (Solution, Services),
- By Deployment Type (On-Premise, Cloud),
- By End-Use (Telecom, IT and IteS, Healthcare and Life Sciences, Manufacturing, Construction and Real Estate, Transportation and Logistics, Energy and Utilities, Oil and Gas, Others)
- SAP (Germany),
By region, the Asia Pacific market held the highest market share in 2020 and is projected to grow at a healthy CAGR in the coming years. This is mainly ascribed to growing number of business processes, increasing consumer expenditure, high internet penetration, emerging startups having limited IT budgets, and surging adoption of cloud technologies, which bolsters the regional market growth during the review period.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.