Insights into the Field Service Management Global Market to 2027 - Featuring Acumatica, Astea International & ClickSoftware Among Others

Dublin, Aug. 05, 2020 (GLOBE NEWSWIRE) -- The "Field Service Management - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The author brings years of research experience to the 6th edition of this report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Field Service Management Market to Reach $7.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Field Service Management estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at aCAGR of 14.2% over the period 2020-2027.

Cloud, one of the segments analyzed in the report, is projected to record 14.9% CAGR and reach US$5.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premises segment is readjusted to a revised 12.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $924.5 Million, While China is Forecast to Grow at 13.6% CAGR

The Field Service Management market in the U.S. is estimated at US$924.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 13.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.7% and 12% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.

Competitors identified in this market include, among others:

• Accruent LLC

• Acumatica, Inc.

• Astea International Inc.

• ClickSoftware

• Comarch SA

• ConnectMyWorld Technologies Pvt. Ltd.

• Coresystems FSM AG

• FieldAware Inc.

• Geoconcept SAS

• IBM Corporation

• IFS AB

• Infor

• Kickserv Inc.

• Microsoft Corporation

• Octopusapp, Inc.-dba Jobber

• Oracle Corporation

• OverIT

• Praxedo

• Salesforce.com, Inc.

• SAP SE

• Servicemax, Inc.

• ServiceNow, Inc.

• ServicePower

• ServiceTitan, Inc.

• Servicetrade

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares

• Field Service Management Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 38

For more information about this report visit https://www.researchandmarkets.com/r/mgv7kz

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