Product Code: GVR-4-68040-276-8
Field Force Automation Market Growth & Trends:
The global field force automation market size is anticipated to reach USD 10.02 billion by 2030, exhibiting a CAGR of 21.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing penetration of mobile internet services is driving the adoption of field force automation solutions as businesses seek to leverage advanced technologies to enhance their operations.
The increasing emphasis on utilizing advanced technologies like cloud computing, the Internet of Things (IoT), and artificial intelligence (AI) is a significant factor driving the expansion of the field force automation industry. These innovations allow companies to streamline field operations, enhance communication, automate tasks, and collect valuable data for improved decision-making. Integrating these cutting-edge technologies into field force automation solutions boosts productivity, efficiency, and overall operational effectiveness.
Service providers that offer customized solutions to meet unique business requirements enable organizations to enhance their field operations efficiently while staying within budget limits. This strategy is attractive to businesses of various sizes, including small and medium enterprises, allowing them to effectively oversee their field teams without incurring unnecessary costs.
Furthermore, the rise of Bring Your Own Device (BYOD) policies in businesses offers lucrative revenue opportunities for the field force automation industry. These policies enable employees to utilize their personal devices for work, promoting smooth integration with field force automation solutions and improving workforce mobility. This development drives higher acceptance and usage of field force automation tools in different sectors.
Field Force Automation Market Report Highlights:
- Based on component, the solution segment accounted for the largest revenue share of 81.2% in 2023. The rising need for tools that instantly optimize field teams' effectiveness is a significant factor fueling the demand for field force automation solutions.
- In terms of deployment, the cloud segment registered the most significant market revenue share in 2023. A larger shift towards digital transformation and the integration of cutting-edge technologies to enhance operational efficiency in businesses.
- Based on organization, the small and medium-sized enterprises (SMEs) segment is anticipated to register the fastest CAGR over the forecast period. The increasing use of technologies such as cloud computing, the Internet of Things (IoT), and artificial intelligence (AI) is fueling the uptake of these solutions.
- In terms of end-use, the IT & Telecom sector accounted for the largest market revenue share in 2023. Integrating field force automation in the IT and telecom sector results in advantages like quicker response times, elevated customer contentment, cost savings, and heightened efficiency.
- In January 2024, SAP SE announced The RISE with SAP Migration and Modernization program that aims to tackle key challenges businesses encounter during cloud migration, specifically focusing on scope and cost concerns.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Component
- 1.2.2. Deployment
- 1.2.3. Organization Size
- 1.2.4. End-use
- 1.2.5. Regional Scope
- 1.2.6. Estimates and forecasts timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Information Procurement
- 1.4.2. Information or Data Analysis
- 1.4.3. Market Formulation & Data Visualization
- 1.4.4. Data Validation & Publishing
- 1.5. Research Scope and Assumptions
- 1.5.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Component Outlook
- 2.2.2. Deployment Outlook
- 2.2.3. Organization Size Outlook
- 2.2.4. End-use Outlook
- 2.3. Competitive Insights
Chapter 3. Field Force Automation Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Industry Value Chain Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Drivers Analysis
- 3.4.1.1. Economical parallel processing set-up
- 3.4.1.2. Potential R&D in field force automation systems
- 3.4.2. Market Restraints Analysis
- 3.4.2.1. Lack of skilled workforce and high implementation cost
- 3.4.2.2. Vast demonstrative data requirement
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Field Force Automation Market Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining power of the suppliers
- 3.5.1.2. Bargaining power of the buyers
- 3.5.1.3. Threats of substitution
- 3.5.1.4. Threats from new entrants
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Economic and Social landscape
- 3.5.2.3. Technological landscape
- 3.5.2.4. Environmental landscape
- 3.5.2.5. Legal landscape
Chapter 4. Field Force Automation Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Field Force Automation Market: Component Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Solution
- 4.3.1. Solution Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Services
- 4.4.1. Services Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. Field Force Automation Market: Deployment Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Field Force Automation Market: Deployment Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Cloud
- 5.3.1. Cloud Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. On-premises
- 5.4.1. On-premises Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Field Force Automation Market: Organization Size Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Field Force Automation Market: Organization Size Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Small and Medium Sized Enterprises (SMEs)
- 6.3.1. Small and Medium Sized Enterprises (SMEs)Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. Large Size Enterprises
- 6.4.1. Large Size Enterprises Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. Field Force Automation Market: End-use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Field Force Automation Market: End-use Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. Healthcare
- 7.3.1. Healthcare Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4. IT & Telecom
- 7.4.1. IT & Telecom Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5. Manufacturing
- 7.5.1. Manufacturing Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.6. Energy & Utilities
- 7.6.1. Energy & Utilities Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.7. Transportation & Logistics
- 7.7.1. Transportation & Logistics Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.8. Retail
- 7.8.1. Retail Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.9. Construction & Real Estate
- 7.9.1. Construction & Real Estate Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.10. Others
- 7.10.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 8. Field Force Automation Market: Regional Estimates & Trend Analysis
- 8.1. Field Force Automation Market Share, By Region, 2023 & 2030, USD Million
- 8.2. North America
- 8.2.1. North America Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.6. Australia
- 8.4.6.1. Australia Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5.3. Mexico
- 8.5.3.1. Mexico Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6. Middle East & Africa (MEA)
- 8.6.1. Middle East & Africa (MEA) Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.2. Kingdom of Saudi Arabia (KSA)
- 8.6.2.1. Kingdom of Saudi Arabia (KSA) Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.3. UAE
- 8.6.3.1. UAE Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. South Africa Field Force Automation Market Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Positioning
- 9.4. Company Heat Map Analysis
- 9.5. Strategy Mapping
- 9.5.1. Expansion
- 9.5.2. Mergers & Acquisition
- 9.5.3. Partnerships & Collaborations
- 9.5.4. New Product Launches
- 9.5.5. Research And Development
- 9.6. Company Profiles
- 9.6.1. Acumatica, Inc.
- 9.6.1.1. Participant's Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Product Benchmarking
- 9.6.1.4. Recent Developments/ Strategic Initiatives
- 9.6.2. Clik Limited
- 9.6.2.1. Participant's Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Product Benchmarking
- 9.6.2.4. Recent Developments/ Strategic Initiatives
- 9.6.3. FieldEZ
- 9.6.3.1. Participant's Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Product Benchmarking
- 9.6.3.4. Recent Developments/ Strategic Initiatives
- 9.6.4. IFS
- 9.6.4.1. Participant's Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Product Benchmarking
- 9.6.4.4. Recent Developments/ Strategic Initiatives
- 9.6.5. LeadSquared
- 9.6.5.1. Participant's Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Product Benchmarking
- 9.6.5.4. Recent Developments/ Strategic Initiatives
- 9.6.6. Microsoft
- 9.6.6.1. Participant's Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Product Benchmarking
- 9.6.6.4. Recent Developments/ Strategic Initiatives
- 9.6.7. Oracle
- 9.6.7.1. Participant's Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Product Benchmarking
- 9.6.7.4. Recent Developments/ Strategic Initiatives
- 9.6.8. Salesforce, Inc
- 9.6.8.1. Participant's Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Product Benchmarking
- 9.6.8.4. Recent Developments/ Strategic Initiatives
- 9.6.9. SAP SE
- 9.6.9.1. Participant's Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Product Benchmarking
- 9.6.9.4. Recent Developments/ Strategic Initiatives
- 9.6.10. ServiceMax, Inc.
- 9.6.10.1. Participant's Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Product Benchmarking
- 9.6.10.4. Recent Developments/ Strategic Initiatives
- 9.6.11. Trimble Inc.
- 9.6.11.1. Participant's Overview
- 9.6.11.2. Financial Performance
- 9.6.11.3. Product Benchmarking
- 9.6.11.4. Recent Developments/ Strategic Initiatives