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Showing posts from June, 2022

Field Service Management Market Size Hit USD 174.19 Billion in 2030

    Increasing need to track field activities, rising demand for mobility for real-time visibility, and increasing adoption of IoT are some major factors driving market revenue growth Market Size – USD 41.20 Billion in 2021, Market Growth – at a CAGR of 17.6%, Market Trend – Rapid growth in the use of smartphones The global  field service management market  size is expected to reach USD 174.19 Billion in 2030 and register a revenue CAGR of 17.6% over the forecast period, according to latest report by Reports and Data. Rise in demand for mobility for real-time visibility is a key factor expected to drive market revenue growth during the forecast period. Monitoring of field service technicians is expected to aid in prompt dispatch of the nearest technicians to resolve an issue. Instead of going to the location, technicians can use Field Service Management (FSM) systems to remotely reset a machine or install new applications and software, while customers can track technicians’ movemen