Global Field Force Automation Market Size is estimated to expand rapidly in coming years, at a CAGR of 17.5 % from 2018 to 2027. In 2017, the global market valuation was USD 1.7 billion, and it is anticipated to be greater than USD xx.xx billion by 2027. Field Force Automation (FFA) is a mixture of communication technologies such as cellular, 4 G, 3 G, or satellite for gathering information and data in real time, and for transmitting it to the network, including an ERP. The FFA program allows data to be easily modified, eliminates delays and minimizes human errors. The FFA has some outstanding features: increased productivity, scheduled production schedules, field management and lower stock maintenance activities. The reliance on wireless communication is one of the FFA's major drawbacks.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2027
The organizations, as the main driver of the FFA industry, are actively seeking to improve their overall efficiency. The industry has also been motivated to embrace FFA by streamlined processes and the need to improve consumer demand. There is a problem before the FFA market because of its limited network and lack of communication channels together with devices for the FFA. In order to achieve a FFA that retains information and can then be synchronized with new mobile FFA applications, substantial opportunities are needed in the FFA market.
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global field force automation market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027 The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global field force automation market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
The analysis of the report is carried on various primary and secondary data sources. The primary sources include conduction interviews with numerous industry analysts, suppliers, distributors, and other involved professionals. The secondary sources include a review of statistical data from press releases, government websites, annual reports of the companies, and other relevant documents.
During interviews, these primary and secondary sources provide exclusive information, which acts as a validation from global field force automation market leaders. Access to an extensive internal repository and external proprietary databases helps this study to address questions and details regarding the market. Also, the report uses the top-down approach to assess the figures for each segment and to counter-validate them with the bottom-up approach.
We have covered two proprietary models in the field force automation report, the FPNV Positioning Matrix and the Competitive Strategic Window and. The FPNV Positioning Matrix analyses players’ competitive marketplace in terms of product satisfaction and business strategy they follow to sustain in the market. In terms of applications, markets, and geographies, the Competitive Strategic Window analyses the competitive landscape.
By Component Insights: On the basis of component, global field force automation market has been segmented into solution and services. Among which solution segment is expected to witness high growth in forecast period. The convergence of applications in existing systems, including ERP, CRM and FSM, and the availability of implementation possibilities for various mobile phones are primarily the reasons. In addition, the market for field force automation solutions is powered by advanced features such as automated planning and dispatching, day reporting, attendance control, tracking and mobile personnel monitoring, as well as real-time interaction and co-operation fuels.
By Organization Size Insights: On the basis of organization size, global field force automation market has been segmented into SMEs and large enterprises. Among which large enterprises segment is expected to witness high growth in forecast period. The adoption of a solution for the automation of field forces by large firms is strong as new technologies, including IoT and AI are increasingly being introduced, and mobile device and the Internet are being used increasingly to streamline field personnel and must be geographically dispersed. In addition, the growing demand for advanced computing resources and applications by organizations leads the market for solutions in the field of automation among large companies.
The field force automation market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The high growth of the market in Asia Pacific is attributed to the pervasive use of mobile devices and internet, growing demand of field-specific solutions, high economic growth, and increasing digital initiatives by government in the region. However, resistance from workers that are less exposed to technologies and requirement of upfront investments are few significant hurdles in the field force automation adoption across the region.
Global Field Force Automation Market Size, Share Analysis by Region 2018
The leading area in the international FFA market appeared in North America in 2018. It is because the quality of service contracts is being tracked. In the North American market, continued technological advances, new entrants and more knowledgeable consumers have boosted sales. In addition, aging workers, new employees facing challenges in knowledge transfer and pressure to cut costs are encouraging market growth.
Global Field Force Automation Market Study Objective
1. To forecast the market size of field force automation market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of field force automation market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of field force automation market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of field force automation market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the field force automation market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Astea International, AT&T, BT Global Services, CGI, Clevest, Commdel, Ericsson, FieldEZ, GE, IBCS Group, Infosys, Mobiwork, Openstream, PHI Data, Retriever Communications, Trasys, Ventyx, Verizon, ViryaNet, Wenn Soft, Zebra Technologies are some of the key players in the market of field force automation.
Global Field Force Automation Market Study Report Offer You!
The global field force automation market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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