Market Trends

Field Service Management Market  size is forecast to reach $6.5 billion by 2025, at a CAGR 15.4% during 2020-2025. The growing demand for mobile apps to gain real-time visibility into field operations and the adoption of cloud-based field service management solutions, with increasing time demands and cost-effective solutions will drive the market. The increasing demand for mobility-based solutions to boost field operations, scaling up the activities of field technicians with the assistance of advanced technologies are some of the major drivers for the development of the service management industry. The number of field technicians employed worldwide has already surpassed the 20 million level and is expected to continue to rise over the forecast period. Hence with the increasing number of field service technicians market for field service management is expected to rise in the forecast period. Request Sample Key Takeaways Increasing the use of mobile devices in several market sectors has