Market Size And Forecast: Field Service Management Software 2024-2030 (Global)
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Executive Summary
This report helps investors, as well as executives at firms providing field service management (FSM) solutions, understand the current state and growth prospects of the FSM software market, highlighting trends and drivers to 2030. Our analysis, based on data from over 68,700 public organizations, as well as industry-specific indexes, financial forecasts from LSEG and Verdantix global corporate surveys, values the FSM software market at $4.7 billion in 2024. It is projected to grow at a CAGR of 12%, reaching $9.2 billion in 2030. Key drivers for this growth are increasing digitization, labour shortages and the need for more reliable services. North America and Europe will dominate the market, with North America accounting for 40% of spend in 2024. The utilities sector will remain the largest sector, while manufacturing will see the fastest growth.About the Authors
Kiran Darmasseelane
Senior Manager
Kiran is a Senior Manager at Verdantix, delivering data-driven insights on emerging technologies and global market trends for asset-intensive sectors such as energy, manufactu...
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Malavika Tohani
Research Director
Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...
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