Market Research Future (MRFR) anticipates favorable prospects for the 2020 field power automation market as it could record a CAGR of 18.30% CAGR between 2022 and 2030 (analysis period). By 2030, the global market is expected to touch USD 6.1 billion, believes MRFR

This has led to higher adoption of field force automation among businesses looking to increase their economies of scale, with more and more business leaders embracing field force automation and implementing it behind their back and front offices for intelligent, efficient shipping and tracking logistics management. , filed force management, preventive maintenance management, and secure real-time communication.

Leading competitors in the field power automation industry are focused on developing user interfaces within their handheld devices. In addition, the need for customized handheld devices to lower schedules and increase efficiency has become a top priority for players, supporting the growth of the market. Going forward, the surge in collaborations and deals between top companies is expected to benefit the market as well, while those companies are expected to gain more customers in the process.

The Field Power Automation Market is going through a difficult period with its strong growth suddenly stalled due to the COVID-19 pandemic. The MRFR report on the Field Power Automation Market highlights the future predictions and growth alternatives that can be made.

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Segmentation:

The segmental review of the field force automation industry comprises component, deployment, organization size and vertical.

By Component

Solution
Service
By Deployment

on-premise
cloud-based solution
By Organization size

large enterprises
small- and medium-sized enterprises
By Vertical

IT and telecommunication
manufacturing
healthcare
transportation and logistics
energy and utilities
others
Regional Analysis:

Field force automation market size has been captured in the MRFR study with respect to Asia Pacific/APAC, Europe, South America, MEA/ Middle East & Africa and North America,

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North America has remained the worldwide leader and can continue leading the field force automation market. The attractive market growth prospects in the region is the result of the rising automation trend in several enterprises, especially across the US and Canada. The fast adoption rate of cloud-based solutions along with the emerging trend of bring your own device/BYOD among enterprises can increase the demand for field force automation solutions in the region.

Europe has filled the second position in the global market, with the leading countries identified as Germany, the UK, Spain, Italy and France. MRFR expects the UK to gain the highest momentum in the region market, with Germany and France securing the second and third spots, respectively. The deployment of field force automation solutions is quite high in industries like manufacturing, retail, IT & telecommunication and more in the region. A mounting number of solution providers in Europe offer the latest solutions that cater to the field sales force management needs across various verticals, which has intensified the competitiveness in the market.

Key Players

ServiceMax Inc. (US)
FieldAssist (India)
SalesDiary Inc. (India)
FieldEZ (US)
Folio3 Software Inc. (US)
Channelplay Limited (India)
VisitBasis Tech
LLC (US)
Oracle (US)
Microsoft (US)
Salesforce (US)
SAP (Germany)
Acumatica (US)
Leadsquared (India)
Kloudq Technologies (India)
Accruent (US)

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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