Industry Background:
The global Work Order Management market is expected to witness high demand in the upcoming period due to growing requirement of the track of ongoing work processes. A work order management system is a solution that enables organizations to effectively manage and track all ongoing and pending tasks on a single dashboard. It has various features such as create work orders, update requests, track the work completion rate, leave feedback on the work performed, and monitor real-time status updates. The growing number of digital handheld devices such as tablets, dynamic display screens, mobile devices and smartphones among other digital devices has significantly simplified the effective realtime monitoring, tracking, allocation, query generation and resource mapping of various daily logistics and supply chain related tasks.
This growth is primarily driven by High Demand for Easier Allocation of Work Orders for Better Execution of Projects.
Globally, a noticeable market trend is evident Rising Usage of Mobile Apps and Wearable Devices Among Field Workers
. The Business Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as NetSuite (United States), IBM (United States), Microsoft (United States), IFS (Sweden), ClickSoftware (United States), Astea (United States), Infor (United States), ServiceMax (United States), Coresystems (Switzerland) and FieldAware (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 7th August 2019, Salesforce, the global leader in CRM, today announced it has signed a definitive agreement to acquire ClickSoftware, a leader in field service management solutions.
Market Drivers
- High Demand for Easier Allocation of Work Orders for Better Execution of Projects
Market Trend
- Rising Usage of Mobile Apps and Wearable Devices Among Field Workers
- Increasing Demand for Cloud-Based Solutions
Restraints
- Lack of Expertise Among Field Workers to Use Work Order Management Systems
Opportunities
Upsurging Demand due to Adoption of AI and IoT-Based Technologies and Growing Focus on Better Flow of Information to Field Technicians
Challenges
Dearth of Infrastructure in Emerging Economies
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Work Order Management Study Sheds Light on
The Work Order Management Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Work Order Management industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Work Order Management industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.