Global Work Order Management Software Market Overview:
Work Order Management Software is a software that helps the organizations to effectively manage and track all ongoing and pending tasks on a single dashboard. It also helps the organization to create work orders, monitor real-time status updates, tracks the work completion rate, update requests and others. It enhances the operation and functioning of the enterprise. The work order management software market is expected to grow during the forecast period owing to the rising demand for a simplified process of work allocation, high adoption of IoT & AI, and increased implementation of wearable devices among others.
Growth Drivers
- Growing Adoption of Mobile Apps and Wearable Devices Among Field Workers
- Rise in Requirement for Having Centrally-Managed Work Orders
- Increase in Demand for Easier Allocation of Work Orders for Better Execution of Projects
Opportunities
- Advent Rising of Cloud-based and Intelligent Work Order Management Systems
- Increasing Focus on Better Flow of Information to Field Technicians
Challenges
- Lack of Skilled Professional to Use Work Order Management Software
- Lack of Infrastructure in Emerging Economies
Competitive Landscape:
Some of the key players profiled in the report are NetSuite (United States), Microsoft (United States), IBM (United States), IFS (Sweden), Infor (United States), ClickSoftware (United States), Astea (United States), Coresystems (Switzerland), ServiceMax (United States), FieldAware(United States), Fieldpoint Service Applications(Canada), ServiceNow (United States), Corrigo (United States), ServicePower (United States), eMaint (United States), Innovapptive (United States), Fingent (United States), ServiceChannel (United States) and Hippo CMMS (Canada). Additionally, following companies can also be profiled that are part of our coverage like Sockeye Technologies (Canada), Maintenance Connection (United States), MEX (Australia), aLoc8 (Australia), FieldEZ (India) and 3Floorsup (Australia). Analyst at AMA Research see United States Players to retain maximum share of Global Work Order Management Software market by 2026. Considering Market by Component Type, the sub-segment i.e. Solution will boost the Work Order Management Software market. Considering Market by Industry Vertical, the sub-segment i.e. Banking, Financial Services, and Insurance will boost the Work Order Management Software market. Considering Market by Organisation Size, the sub-segment i.e. SMEs will boost the Work Order Management Software market. Considering Market by Deployment Model, the sub-segment i.e. On-Premises will boost the Work Order Management Software market.
What Can be Explored with the Work Order Management Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Work Order Management Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Work Order Management Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Work Order Management Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Work Order Management Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Work Order Management Provider, Investors and Consultants, System Integrators, Government Organizations, Research/Consultancy firms, Technology solution Providers and IT Solution Providers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.