Work Order Management Systems market report presents thorough information about the global industry comprising of valuable figures and stats. Moreover, the report contains records starting from the base year (2022) and stretches until the forecast period (2023-2029). This market research report has set a bench-marking example for such a vibrant market that explores several recommendations and practical growth strategies in relation to the market. The market report covers a wide spectrum of regions and also focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa (MEA).
Data Bridge Market Research analyses that the work order management systems market was valued at USD 532.50 million in 2021 and is expected to reach the value of USD 1176.80 million by 2029, at a CAGR of 10.42% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Product definition
A work order management system is a solution that enables organizations to effectively track and manage all pending and ongoing tasks on a single dashboard. It aids them to create work orders, leave feedback on the work performed, track the work completion rate, update requests, and monitor real-time status updates.
Some of the major players operating Work Order Management Systems market are
- Orcale (U.S.)
- IBM (U.S.)
- Microsoft (U.S.)
- IFS (Sweden)
- ClickSoftware (U.S.)
- Astea Solutions AD (U.S.)
- Infor (U.S.)
- ServiceMax (U.S.)
- Coresystems (Switzerland)
- FieldAware (U.S.)
- ServiceNow (U.S.)
- ServicePower (U.S.)
- Corrigo (U.S.)
- eMaint (U.S.)
- Innovapptive (U.S.)
- Fingent (U.S.)
- ServiceChannel (U.S.)
- FieldEZ (India)
- 3Floorsup (Australia)
- Hippo CMMS (Canada)
- Fieldpoint Service Applications (Canada)
- Sockeye Technologies (Canada)
- Maintenance Connection (U.S.)
- MEX (Australia)
- Loc8 (Australia)
Key Market Segments Covered in Work Order Management Systems Market Industry Research
Component
- Solution
- Services
- Professional
- Integration and Implementation
- Consulting
- Support and Maintenance
- Training and Education
- Managed
Deployment Mode
- Cloud
- On-Premises
Organization Size
- Small and Medium-Sized Enterprises
- Large Enterprises
End User Industry
- Manufacturing
- Energy and Utilities
- Transportation and Logistics
- Construction and Real Estate
- Consumer Goods and Retail
- Healthcare and Life Sciences
- Banking
- Financial Services, and Insurance,
- Telecom and IT
- Others
Work Order Management Systems Market Regional Analysis/Insights
The work order management systems market is analysed and market size insights and trends are provided by country, component, deployment mode, organization size and end user industry as referenced above.
The countries covered in the work order management systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the work order management systems market due to the rapid technological advancement mainly in countries such as the U.S and Canada in this region.
Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to the rapid growth in several industrial sectors in this region.
Browse Detailed Summary of Research Report @ https://www.databridgemarketresearch.com/reports/global-work-order-management-systems-market
How does this Work Order Management Systems Market Insights Help?
- Work Order Management Systems Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
- The Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them
- To learn about the market strategies that are being adopted by your competitors and leading organizations
- To Increase insightful analyses of the market and have a comprehensive understanding of the “Work Order Management Systems Market” and its commercial landscape
Drivers
- Rising number of hand-held devices
The rising number of digital handheld devices such as mobile devices, smartphones, tablets and dynamic display screens, among other digital devices has considerably simplified the effective real-time query generation, monitoring, tracking, allocation and resource mapping of several daily supply chain and logistics related tasks. Thus, the adoption of many devices among different supply chain and logistics based tasks such as asset security and monitoring, updating inventory, equipment inspection, dynamic display screens among other tasks has witnessed an increase in penetration of electronic devices connected through single enterprise solution. These are some major factors which are expected to drive the growth rate of the work order management system market.
- High use of work order management system in enterprises
Enterprises in major industry verticals such as manufacturing, energy and utilities, consumer goods and retail, healthcare and life sciences, BFSI, transportation and logistics, construction and retail, telecom and IT and others (government, and media and entertainment) are rapidly adopting work order management systems to improve their field workforce utilization.
Furthermore, increasing necessity for having managed work orders, growing demand for easier allowance of the work orders for superior execution of projects, increasing requirement among organizations to manage and centrally track orders and increasing focus towards cloud-based solutions for work order management system are some of the major factors which are expected to drive the growth of the market.
Opportunity
- Increasing focus towards cloud based solutions
Noe, the end users are driving their focus towards cloud-based solutions for the work order management system market such as web-hosted solution and mobile applications for their asset management requirement and supply chain. Therefore, the work order management system market is anticipated to provide several growth opportunities for the market the market players of global work order management system in upcoming years.
Furthermore, increasing adoption of IOT-based and AI technologies along with rising focus on superior flow of information to field technicians will create many growth opportunities for the work order management systems market in the above mentioned forecast period.
Restraints
- Lack of expertise
The lack of expertise amongst the field workers to use work order management systems will restrict the growth for work order management systems market during the forecast period.
This work order management systems market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the work order management systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2019, ServiceMax had announced its partnership with Silver Lake. Through this partnership, ServiceMax continues focusing on the growth of field and asset service management.
TABLE OF CONTENTS
- Part 01: Executive Summary
- Part 02: Scope of The Report
- Part 03: Research Methodology
- Part 04: Market Landscape
- Part 05: Pipeline Analysis
- Part 06: Market Sizing
- Part 07: Five Forces Analysis
- Part 08: Market Segmentation
- Part 09: Customer Landscape
- Part 10: Regional Landscape
- Part 11: Decision Framework
- Part 12: Drivers and Challenges
- Part 13: Market Trends
- Part 14: Vendor Landscape
- Part 15: Vendor Analysis
- Part 16: Appendix
For Detailed TOC | Follow @ https://www.databridgemarketresearch.com/toc/?dbmr=global-work-order-management-systems-market
Queries Resolved in This Report:
- Which will be the specialties at which Work Order Management Systems Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
- Which will be the foreseen development rates for your own Work Order Management Systems economy out and out and furthermore for each portion inside?
- Which will be the Work Order Management Systems application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the Work Order Management Systems market opportunity?
- How Work Order Management Systems Market share advance vacillations their value from various assembling brands?
WHO SHOULD BUY THE WORK ORDER MANAGEMENT SYSTEMS REPORT?
People looking to enrich the decision-making capability by following points must buy the report:
- Breakdown of market share of the top Work Order Management Systems industry players
- Evaluations of market share for the regional and country level sectors
- Estimation of Work Order Management Systems market for the forecast period of all the aforementioned classes, sub classes, and the domestic markets
- Tactical recommendation for the newbies
- Tactical recommendation in primary business industries based on the Work Order Management Systems market forecast
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