$2.2bn
$XXX.Xm
3,771
73
$XXX.Xm
Field Service Management (FSM) software helps businesses coordinate and dispatch field service workers. The bulk of clients include manufacturers, telecommunications companies, wholesalers and retailers. Even so, FSM software is used by a multitude of markets. Most clients are small or medium-size businesses that exhibit a boost in operational efficiency through FSM solutions. Larger companies often have in-house products that handle similar issues, limiting the need for FSM software.
Industry revenue has grown at a CAGR of 7.5 % over the past five years, to reach an estimated $2.2bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Sap Se | 428.7 | 116.0 | 27.1 | |
Oracle Corporation | 248.5 | 102.1 | 41.1 | |
Ptc Inc. | 104.1 | 28.7 | 27.6 |
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Industry revenue is measured across several distinct product and services lines, including Scheduling and routing services, Customer engagement management services and Inventory, logistics and parts planning services. Scheduling and routing services is the largest segment of the Field Service Management Software in the US.
The software makes scheduling and routing easier than ever
Companies in this industry develop and publish software designed to assist in the tracking and dispatching of field service technicians and the dissemination of appropriate data to those technicians. Software developed by this industry can track inventory and help automate fleet dispatch assignments.
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NAICS 51121 - Field Service Management Software in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Small- and medium-sized companies are more willing to upgrade their technology systems because of the benefits they can provide. This has spurred the need for field service m...
Learn about an industry's products and services, markets and trends in international trade.
Online shopping has skyrocketed following the pandemic. Wholesalers and retailers are rapidly relying on field service management software to keep track of their operations a...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
California is one of the largest technology hubs in the world. Silicon Valley and the abundance of new college graduates make it a prime destination for new and existing deve...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
While new companies join every year, the market's big-name technology operators remain at the top. Larger companies will consolidate smaller developers before they pose a thr...
Learn about the performance of the top companies in the industry.
Oracle is transitioning from licensing software for companies’ on-premises databases to a cloud vendor offering its customers a cloud-based alternative. Oracle offers cloud-b...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
New entrants have plenty of options for private assistance. Venture capital firms provide direct funding for new start-ups they believe can succeed.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Wages are the most significant expense for developers and are only rising. Software engineers are highly coveted and command six-figure salaries.
Including values and annual change:
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Key data sources in the US include:
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These sources include:
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The market size of the Field Service Management Software in the US industry in United States is $2.2bn in 2024.
There are 73 businesses in the Field Service Management Software in the US industry in United States, which has grown at a CAGR of 10.2 % between 2019 and 2024.
The market size of the Field Service Management Software in the US industry in United States has been growing at a CAGR of 7.5 % between 2019 and 2024.
Over the next five years, the Field Service Management Software in the US industry in United States is expected to grow.
The biggest companies operating in the Field Service Management Software market in United States are Sap Se, Oracle Corporation and Ptc Inc.
Producing field service management software in the form of software-as-a-service and Producing field service management software as a one-time purchase are part of the Field Service Management Software in the US industry.
The company holding the most market share in United States is Sap Se.
The level of competition is high and steady in the Field Service Management Software in the US industry in United States.