Global Field Activity Management Market Analysis & Trends - Industry Forecast to 2030
Field Activity Management: Market Size
From $2.1 billion in 2024, the global Field Activity Management market is projected to reach $6.4 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 20.4% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include Rapid growth in the use of tablets and smartphones, rising up gradation in the technology to upsurge the business efficiency and increased adoption of cloud-based field activity management solutions.
Global Field Activity Management Market: Market Dynamics
The growing acceptance of digitalization and automation in the service sector, increase in acceptance of BYOD, growing need to make informed decisions among enterprises, and rising adoption of its solutions by SMEs. Integration of IoT for an improved experience, the emergence of technologies, such as augmented reality, and rise in the mobility demand for real-time visibility is driving the market growth.
On the other hand, the struggle from field workers to adopt automated solutions and tracking the workforce in real-time is likely to obstruct the profit boundaries. In addition, the growing need to make informed decision among enterprises will further boost for the Field Activity Management market.
Impact of COVID-19 on Field Activity Management
The outbreak of COVID-19 has vigorously affected the healthcare system of developed and developing economies across the globe. The health issue has an unprecedented effect on companies around various industries. Field service management is also experiencing challenges in ensuring safety and leading the team efficiently & effectively. The risk is running high compared to before the pandemic. It is more critical to an organization to build confidence among the employees, which was around 70% before the pandemic.
By Organization Size
Small and medium-sized enterprises (SMEs) Segment Dominate the Market in 2024
The Small and medium-sized enterprises (SMEs) segment made huge revenue in 2024 and growing its prominence during the forecast period. As SMEs are majorly focusing on utilizing field activity management solutions to go global and manage workers in numerous locations as well as analyze and act toward better workforce satisfaction.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific region is likely to have a huge demand in the forecast period, owing to the constant economic growth, increasing the young workforce, and the usage of tablets and smartphones for business purposes will lead toward the adaptation of enterprise mobility solutions to meet the growing demand for securing and protecting critical data.
List of the Key Players Profiled in the Market Include:
List of the Regions/Countries Profiled in the Market Include:
North America • US • Canada • Mexico Europe • Germany • U.K • Italy • France • Spain • Rest of Europe Asia Pacific • China • Japan • India • Australia • New Zealand • Rest of Asia Pacific Middle East • Saudi Arabia • UAE • Rest of Middle East Latin America • Argentina • Brazil • Rest of Latin America Rest of the World (RoW) • South Africa • Others
1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 End User Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1 Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Rapid Growth In The Use Of Tablets And Smartphones
4.1.2 Rising Upgradation In The Technology To Upsurge The Business Efficiency
4.1.3 Increased Adoption Of Cloud-Based Field Activity Management Solutions