The Field Service Management Solution Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Field Service Management Solution Market?
The market size of the field service management solution has seen substantial growth in the past few years. The market expanded from $2.69 billion in 2024 to $3.28 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 21.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Field Service Management Solution Industry?
The Field Service Management Solution Global Market is projected to grow to a size of $7.16 billion by 2029. The compound annual growth rate (CAGR) from now until then is anticipated to be 21.5%.
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What are the Key Growth Drivers Fueling the Field Service Management Solution Market?
The key drivers in the field service management solution market are:
• Rising acceptance of smartphones
• Upsurge in the number of skilled field service employees particularly in the IT and telecom industry
• Growing adoption of wearable devices
• Increased demand for enhanced customer experience
Global Market Segmentation: Identifying Major Field Service Management Solution Industry Segments
The field service management solution market covered in this report is segmented –
1) By Components: Solution, Services
2) By Deployment Type: On-Premise, Cloud
3) By Organization Size: Large Enterprises, Small And Mid-Size Enterprises
4) By Verticals: Telecom, Energy And Utilities, IT And ITEs, Manufacturing, Construction And Real Estate, Transportation And Logistics, Oil And Gas, Healthcare And Life Sciences, Other Verticals
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What are the Emerging Trends Shaping the Future of the Field Service Management Solution Market?
The key trends in the field service management solution market are:
• Mobility solutions are emerging as a strong trend in the field service management solution market.
• Incorporation of virtual reality (VR) and augmented reality (AR) is progressively shaping the market's future.
• The adoption of cloud-based technology is trending in this market space.
• Increasing collaborations are developing as a significant trend in shaping the future of the market.
Who Are the Top Competitors & Leading Players in the Field Service Management Solution Market?
Major companies in the field service management solution market are:
• Microsoft Corporation
• Verizon Connect
• Oracle Corporation
• SAP SE
• Salesforce Inc.
• IFS AB
• Comarch SA
• ServiceTitan
• WorkWave
• Field Nation LLC
• ServiceMax Inc.
• Workiz
• Jobber
• Jotform
• Sig Saucer Inc.
• Zinier Inc.
• Skedulo
• Praxedo
• FieldPulse
• FieldAware Inc.
• OverIT S.p.A.
• SIMPRO S.p.A
• Azuga Inc.
• TrueContext Corporation
• Route4Me Inc.
Regional Dominance: Which Area Leads the Global Field Service Management Solution Market?
North America was the largest region in the field service management solution market in 2024
