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Field Force Automation Market Analysis | By Company Profiles | Size | Share | Growth | Trends and Forecast To 2024

A fresh report titled on “Field Force Automation Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements.

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The Global Field Force Automation Market to grow from USD 1.2 Billion in 2019 to USD 2.8 Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.2% during the forecast period. This report spread across 153 pages, profiling 20 companies and supported with 108 tables and 32 figures is now available in this research.

Topmost Outstanding Market Players:

  • Service Max (US)
  • IFS (Sweden)
  • Microsoft (US)
  • SAP (Germany)
  • Oracle (US)
  • Trimble (US)
  • Click Software (US)
  • Salesforce (US)
  • Astea (US)
  • FieldEZ (India)
  • BT Accruent (US)
  • Acumatica (US)
  • Folio3 (US)
  • LeadSquared (India)
  • Kloudq (India)
  • Appobile Labs (India)
  • Mize (US)
  • Nimap Infotech (India)
  • Channelplay (India)

 

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“Cloud deployment type is expected to grow at the highest CAGR during the forecast period”

SMEs and organizations having limited budget, limited IT, staff, and lack of robust infrastructure are continuously shifting to cloud owing to features such as anywhere access, rapid implementation, reduced setup and operational cost i.e., Capital Expenditure (CapEx) and Operating Expense (OpEx), less maintenance cost, scalability, and ease of use. By empowering their field workers and managers with ubiquitous access to intelligent scheduling and optimization, automated capacity planning.

 

“IT and Telecom industry vertical to hold the largest market share during the forecast period in the field force automation market”

IT and Telecom companies have remotely located assets and geographically dispersed teams of technicians, cable operators, craft workers, and field engineers to manage the same. To ease the repair, installation, and management of their assets, IT and Telecom companies are increasingly adopting field force automation solutions. Field force automation solutions set and align the work priorities with the business demands and automate the dispatch of workers at the right time and right place.

 

“Field force automation market in Asia Pacific is projected to grow at the highest CAGR during the forecast period”

The high growth of the market in Asia Pacific (APAC) is attributed to the pervasive use of mobile devices and internet, growing demand of field-specific solutions, high economic growth, and increasing digital initiatives by government in the region. However, resistance from workers that are less exposed to technologies and requirement of upfront investments are few significant hurdles in the field force automation adoption across the region.

 

Breakdown of primary participants’ profile:

  • By Company – Tier 1–44%, Tier 2–36%, and Tier 3 – 20%
  • By Designation – C-Level–41%, Director Level–35%,and Others–24%
  • By Region – North America–42%, Europe–30%, and APAC–18%, RoW – 10%

 

Study Objectives:

  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To define, describe, and forecast the field force automation market by component (solution and services), deployment type, organization size, industry, and region
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the field force automation market
  • To analyze the market concerning individual growth trends, prospects, and contributions to the field force automation market
  • To forecast the market size of 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
  • To profile the key players in the market and comprehensively analyze their core competencies in each subsegment
  • To analyze the competitive developments, such as new product launches and product enhancements, partnerships, collaborations, and agreements, mergers, and acquisitions

 

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