What is Work Order Management Systems Market?
A work order management system is a specific kind of asset management solution that helps to create and manage service requests and user's work orders. It can be used to track and maintain assets such as equipment and facilities. This system supports preventive maintenance, as well as general scheduled asset maintenance and management processes.
The market study is being classified, by Application (Small and Medium-sized Enterprises (SMEs) and Large Enterprises) and major geographies with country level break-up.
IBM (United States), Microsoft (United States), Infor (United States), ServiceMax (United States), IFS (Sweden), NetSuite (United States), ClickSoftware (United States), Astea (United States), Coresystems (Switzerland), FieldAware(United States), ServiceNow(United States), ServicePower(United States), Corrigo(United States), eMaint(United States), Innovapptive (United States), Fingent (United States), ServiceChannel(United States), FieldEZ(India), 3Floorsup(Australia), Hippo CMMS(Canada) and Fieldpoint Service Applications(Canada) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Sockeye Technologies(Canada), Maintenance Connection(United States), MEX(Australia) and Loc8 (Australia).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Work Order Management Systems market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Work Order Management Systems market by Type, Application and Region.
On the basis of geography, the market of Work Order Management Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Adoption of Mobile Apps and Wearable Devices Among Field Workers
- Growing Demand for Easier Allocation of Work Orders for Better Execution of Projects
Market Trend
- Increased Adoption of Cloud-based Solutions
Restraints
- Lack of Expertise Among Field Workers to Use Work Order Management Systems
Opportunities
- Growing Adoption of AI and IoT-Based Technologies
- Increasing Focus on Better Flow of Information to Field Technicians
Challenges
- Lack of Infrastructure in Emerging Economies
Key Target Audience
Work Order Management Systems Providers, Emerging Companies, Research Professionals and End-users