Field Service Management Market Expected to Grow to $5.08 Billion in the Next Five Years

The importance of the field service management industry has been on the rise, and it is not slowing down any time soon. New market research from MarketsandMarkets estimates the market size of field service management will grow from $2.56 billion to $5.08 billion by 2023.

For companies, particularly in manufacturing, field service management helps maintain a broad range of services and products for clients. It also helps them to deliver and sustain these services in an efficient, competitive and cost-effective way.

There’s much to be gained from a robust field service management market, as we are sure to see as it continues to grow and expand in the next few years.

Sources: PRNewswire, MarketsandMarkets