Factors such as growing demand for robust solutions for enhancing the field forces efficiency in real-time and increasing implementation of cloud-based enterprise mobility solutions globally are responsible for the growth of global Field Force Automation Market over the forecast period. Hence it is expected that the market size for global field force automation (FFA) is anticipated to reach over USD 4 billion By 2025.
Field Force Automation is referred to the integration of various communication technologies that include satellite, 3G, 4G, WiFi, to collect real-time data and send it back to the Enterprise Resource Planning (ERP) or accounting system. The FFA system enables the instant implementation of information, minimizes human errors, and reduces delays.
The global market for the Field Force Automation is anticipated to develop at a compound annual growth rate (CAGR) of 18.3% throughout the course of the forecast, to reach USD 6.1 Billion by 2030.
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Enhanced productivity, monitored field workers, planned delivery schedules and decreased inventory maintenance tasks are few of the exceptional features of the field force automation. However, its reliability over wireless communication is one of the main disadvantages of field force automation.
Field Force Automation Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | USD 6.1 Billion |
| Growth Rate | CAGR of 18.3% during 2020-2030 |
| Segment Covered | By Component, By Deployment, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | 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) and Nimap Infotech (India) |
Key Segment Of The Field Force Automation Market
By Component
• Solution
• Services
By Deployment Type
• Cloud
• On-Premises
By Organization Size
• Sme
• Large Enterprise
By Industry Vertical
• It And Telecommunication
• Manufacturing
• Healthcare
• Transportation And Logistics
• Energy & Utilities
Regional Overview
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
The major contenders in the global market are field force automation market includeServiceMax, 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) and Nimap Infotech (India)
The Global field force automation Market is Segmented on the basis ofComponent,Organization Size,Regions.
North America dominated the market for field force automation market and accounted for the largest revenue share.
The demand for Field Force Automation Market globally to witness considerable growth in the coming five years. Advancements in the manufacturing sector are likely to generate lucrative growth prospects within the field force automation industry. Additionally, the development and sociability and automation technologies have given rise to the advancement of a robust industrial structure. The manufacturing units of large enterprises have incorporated FFA solutions with a high level of agility.
The assimilation of industrial setup with the automation technologies is anticipated to enhance workforce efficiency. Thus, the cumulative incomes within the overall filed force automation industry are anticipated to proliferate over the forecast period. Economics of scale has an essential role in impelling the business heads and decisions. The adoption of field force automation is believed to enhance the economies of scale, thereBy, to fuel the market demand.
Component Segment
The global Field Force Automation Market contains both solution and service segment. The solution segment has a maximum revenue share within the global Field Force Automation Market in 2019. This is predominantly owing to the capability to integrate with present systems that include CRM, FSM, ERP, and availability of deployment alternatives for various mobile devices. The services segment is anticipated to grow at a significant growth rate from 2020 to 2028.
Organization Size Segment
Based on the organization size segment, the market is bifurcated into two sub-segments that are small & medium, and large enterprise. In 2019, the large enterprise segment gathered the largest market revenue and it is anticipated to govern the Field Force Automation Market throughout the forecast period. However, the small & medium segment is anticipated to grow at a substantial growth rate over the forecast period.
Deployment Segment
Based on the deployment segment, the market is bifurcated into two sub-segments that are on-premise, and cloud. In 2019, the on-premise segment gathered the largest market revenue and it is anticipated to dominate the market throughout the forecast period. However, the cloud segment is anticipated to grow at a substantial growth rate over the forecast period. The cloud enables organizations with a unified platform with SaaS-based services providing improved security.
Application Segment
Based on the application, the market is segmented into BFSI, Telecom & IT, Healthcare, Construction, Energy & Utilities, Manufacturing, and Others. The market for the manufacturing sector is anticipated to possess the largest market share in 2019 since the manufacturing companies today are predominantly developing to match their user needs. Moreover, the growing regulatory scrutiny coupled with enhanced customer satisfaction, as well as advantages such as risk management, and customized solutions are some of the factors responsible for the field force automation demand.
The global Field Force Automation Market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the field force automation applications, owing to an outsized presence of organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the Field Force Automation Market in North America.
The major players of the global Field Force Automation Market are IFS, ServiceMax, Microsoft, Oracle, SAP, Trimble, ClickSoftware, Astea, FieldEZ, BT, Salesforce, Accruent, and more. The Field Force Automation Market is fragmented with the existence of well-known global and domestic players across the globe.