Global Field Service Management Market to Grow 12.8% Annually, Hitting $7.3B by 2028
According to a recent report by MarketsandMarkets, the Field Service Management (FSM) Market is expected to grow from USD 4.0 billion in 2023 to USD 7.3 billion by 2028, representing a robust Compound Annual Growth Rate (CAGR) of 12.8%. This growth is driven by the expanding manufacturing and services industries, as companies increasingly adopt FSM solutions to streamline their operations...
Field Service Management Market Trends, Innovations and Opportunities | Growth Forecast – 2026
The global Field Service Management Market size is poised to rise from $3.2 billion in 2021 to $5.7 billion by 2026, at a CAGR of 11.9% from 2021 to 2026.
The increase in adoption of automation and digitization in the field services industry and the increase in adoption of BYOD and mobile-based FSM solutions, increasing need for predictive analytics are a few factors driving the growth of the FSM...