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Astea International OTC US: ATEA

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

GlobeNewswire - Wed Aug 5, 7:44AM CDT

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

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com
         Laura Wood, Senior Press Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900

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