Field Force Automation Market Dynamics 2021-2031
The demand within the global field force automation market is tracing an ascending scale of growth. Presence of an innovation-led manufacturing sector has generated tremendous opportunities for growth within the global field force automation market. Moreover, the logistical friendliness of automation technologies has led to the development of a robust industrial framework. The manufacturing units of large firms have embraced field force automation with a high level of dexterity. Integration of automation technologies in the industrial setup is estimated to improve the efficiency of the workforce. Hence, the cumulative revenues within the global field force automation market are projected to multiply in the following years.
MARKET SCOPE
The "Global Field Force Automation Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the field force automation market with detailed market segmentation by component, deployment, enterprise size, industry and geography. The report provides key statistics on the market status of the leading field force automation market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global field force automation market is segmented into solutions, services
- On the basis of deployment, the market is segmented into cloud, on-premise
- Based on enterprise size, the market is bifurcated into SMES, large enterprises
- Based on industry, the market is bifurcated into IT and telecom, energy and utilities, manufacturing, transportation and logistics, others
MARKET DYNAMICS
Drivers:
- Rising Demand for Robust Solutions to Maximize the Efficiency of Field Forces in Real-Time
- Growing Adoption of Cloud-Based Enterprise Mobility Solutions
Restraints
- Resistance From Field Forces to Adopt Automated Solutions
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The field force automation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the field force automation market in these regions.
IMPACT OF COVID-19 ON FIELD FORCE AUTOMATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The field force automation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the field force automation market in these regions.
IMPACT OF COVID-19 ON FIELD FORCE AUTOMATION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the field force automation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from field force automation market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the field force automation market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Accruent
- Bigtincan
- Dista
- Folio3 Software Inc.
- LeadSquared
- Mize, Inc.
- Oracle
- Salesforce.com, inc
- SAP SE
- Verizon
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Field Force Automation Market - By Component
1.3.2 Field Force Automation Market - By Deployment
1.3.3 Field Force Automation Market - By Enterprise Size
1.3.4 Field Force Automation Market - By Industry
1.3.5 Field Force Automation Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FIELD FORCE AUTOMATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. FIELD FORCE AUTOMATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FIELD FORCE AUTOMATION MARKET - GLOBAL MARKET ANALYSIS
6.1. FIELD FORCE AUTOMATION - GLOBAL MARKET OVERVIEW
6.2. FIELD FORCE AUTOMATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FIELD FORCE AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTIONS
7.3.1. Overview
7.3.2. Solutions Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. FIELD FORCE AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
8.1. OVERVIEW
8.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
8.3. CLOUD
8.3.1. Overview
8.3.2. Cloud Market Forecast and Analysis
8.4. ON-PREMISE
8.4.1. Overview
8.4.2. On-Premise Market Forecast and Analysis
9. FIELD FORCE AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
9.1. OVERVIEW
9.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3. SMES
9.3.1. Overview
9.3.2. SMEs Market Forecast and Analysis
9.4. LARGE ENTERPRISES
9.4.1. Overview
9.4.2. Large Enterprises Market Forecast and Analysis
10. FIELD FORCE AUTOMATION MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY
10.1. OVERVIEW
10.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
10.3. IT AND TELECOM
10.3.1. Overview
10.3.2. IT and Telecom Market Forecast and Analysis
10.4. ENERGY AND UTILITIES
10.4.1. Overview
10.4.2. Energy and Utilities Market Forecast and Analysis
10.5. MANUFACTURING
10.5.1. Overview
10.5.2. Manufacturing Market Forecast and Analysis
10.6. TRANSPORTATION AND LOGISTICS
10.6.1. Overview
10.6.2. Transportation and Logistics Market Forecast and Analysis
10.7. OTHERS
10.7.1. Overview
10.7.2. Others Market Forecast and Analysis
11. FIELD FORCE AUTOMATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Field Force Automation Market Overview
11.1.2 North America Field Force Automation Market Forecasts and Analysis
11.1.3 North America Field Force Automation Market Forecasts and Analysis - By Component
11.1.4 North America Field Force Automation Market Forecasts and Analysis - By Deployment
11.1.5 North America Field Force Automation Market Forecasts and Analysis - By Enterprise Size
11.1.6 North America Field Force Automation Market Forecasts and Analysis - By Industry
11.1.7 North America Field Force Automation Market Forecasts and Analysis - By Countries
11.1.7.1 United States Field Force Automation Market
11.1.7.1.1 United States Field Force Automation Market by Component
11.1.7.1.2 United States Field Force Automation Market by Deployment
11.1.7.1.3 United States Field Force Automation Market by Enterprise Size
11.1.7.1.4 United States Field Force Automation Market by Industry
11.2. ASIA-PACIFIC
11.2.1 Asia-Pacific Field Force Automation Market Overview
11.2.2 Asia-Pacific Field Force Automation Market Forecasts and Analysis
11.2.3 Asia-Pacific Field Force Automation Market Forecasts and Analysis - By Component
11.2.4 Asia-Pacific Field Force Automation Market Forecasts and Analysis - By Deployment
11.2.5 Asia-Pacific Field Force Automation Market Forecasts and Analysis - By Enterprise Size
11.2.6 Asia-Pacific Field Force Automation Market Forecasts and Analysis - By Industry
11.2.7 Asia-Pacific Field Force Automation Market Forecasts and Analysis - By Countries
11.2.7.1 Indonesia Field Force Automation Market
11.2.7.1.1 Indonesia Field Force Automation Market by Component
11.2.7.1.2 Indonesia Field Force Automation Market by Deployment
11.2.7.1.3 Indonesia Field Force Automation Market by Enterprise Size
11.2.7.1.4 Indonesia Field Force Automation Market by Industry
11.2.7.2 Rest of SouthEast Asia Field Force Automation Market
11.2.7.2.1 Rest of SouthEast Asia Field Force Automation Market by Component
11.2.7.2.2 Rest of SouthEast Asia Field Force Automation Market by Deployment
11.2.7.2.3 Rest of SouthEast Asia Field Force Automation Market by Enterprise Size
11.2.7.2.4 Rest of SouthEast Asia Field Force Automation Market by Industry
11.3. SOUTH AND CENTRAL AMERICA
11.3.1 South and Central America Field Force Automation Market Overview
11.3.2 South and Central America Field Force Automation Market Forecasts and Analysis
11.3.3 South and Central America Field Force Automation Market Forecasts and Analysis - By Component
11.3.4 South and Central America Field Force Automation Market Forecasts and Analysis - By Deployment
11.3.5 South and Central America Field Force Automation Market Forecasts and Analysis - By Enterprise Size
11.3.6 South and Central America Field Force Automation Market Forecasts and Analysis - By Industry
11.3.7 South and Central America Field Force Automation Market Forecasts and Analysis - By Countries
11.3.7.1 Brazil Field Force Automation Market
11.3.7.1.1 Brazil Field Force Automation Market by Component
11.3.7.1.2 Brazil Field Force Automation Market by Deployment
11.3.7.1.3 Brazil Field Force Automation Market by Enterprise Size
11.3.7.1.4 Brazil Field Force Automation Market by Industry
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. FIELD FORCE AUTOMATION MARKET, KEY COMPANY PROFILES
13.1. ACCRUENT
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. BIGTINCAN
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. DISTA
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. FOLIO3 SOFTWARE INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. LEADSQUARED
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. MIZE, INC.
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. ORACLE
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. SALESFORCE.COM, INC
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SAP SE
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. VERIZON
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Accruent
2. Bigtincan
3. Dista
4. Folio3 Software Inc.
5. LeadSquared
6. Mize, Inc.
7. Oracle
8. Salesforce.com, inc
9. SAP SE
10. Verizon
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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