Field Service Management Market Size

The global field service management market size was valued at 3 12 billion in 2018 and is projected to reach 10 81 billion by 2026 growing at a cagr of 16 9 from 2019 to 2026. Field service management fsm solution is an automated system which streamlines all the processes associated with the field operations. 303 pages report marketsandmarkets estimates the global field service management market size is expected to grow from usd 3 0 billion in 2020 to usd 5 1 billion by 2025 at a compound annual growth rate cagr of 11 0 during the forecast period.

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Field service management market size.

The field service management market was valued at usd 3 14 billion in 2019 and is expected to reach a value of usd 7 05 billion by 2025 registering a cagr of 14 44 during the forecast period from 2020 to 2025. The market is further expected to grow at a cagr of 16 during the forecast period of 2020 2025. The report is titled field service management fsm market size share industry analysis by component solution services by deployment type cloud and on premises by organization size small and medium sized enterprises smes and large enterprises by end user manufacturing it and telecommunications healthcare and life sciences. The report field service management market by component solution service organization size smes large enterprises deployment type on premises cloud vertical energy and utilities manufacturing oil and gas and region global forecast to 2025 size is expected to grow from usd 3 0 billion in 2020 to usd 5 1 billion by 2025 at a compound annual growth rate cagr of 11 0 during the forecast period.

The global field service management market was estimated at almost usd 3 billion in 2019. The global field service management market is expected to reach approximately usd 5 59 billion by 2023 growing at a 16 6 cagr over the forecast period 2018 2023.

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