Work Order Management Systems Market

Executive Summary

Work Order Management Systems Market was valued at US $461.47 million in 2021 and is projected to grow at 11.44% CAGR over the forecast period to reach US $883.79 million by 2027. Work Order Management Systems Market represented US $89.87 million opportunity over 2019-2021 and estimated to create US $422.32 million opportunity in 2027 over 2021.

Work Order Management Systems from Consainsights analyses the Work Order Management Systems Market in the Technology & Media industry over the forecast period to 2027.

Work Order Management Systems research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Work Order Management Systems segmentation includes Component, Organization Size, Industry Vertical, Region and Geography.

Based on the Component, the Work Order Management Systems analysis covers Solution, Services.

In Component segment, Solution segment has highest cagr growth of 10.11%.

Based on the Organization Size, the Work Order Management Systems analysis covers Small and Medium-Sized Enterprises, Large Enterprises.

In Organization Size segment, Small and Medium-Sized Enterprises segment has highest cagr growth of 10.11%.

Based on the Industry Vertical, the Work Order Management Systems analysis covers Banking, Financial Services, And Insurance, Telecom And IT, Manufacturing, Healthcare And Life Sciences, Consumer Goods And Retail, Transportation And Logistics, Construction And Real Estate, Energy And Utilities, Others.

In Industry Vertical segment, Banking, Financial Services, And Insurance segment has highest cagr growth of 10.11%.

Based on the Region, the Work Order Management Systems analysis covers North America, Europe, Asia Pacific, Middle East And Africa, Latin America.

In Region segment, North America segment has highest cagr growth of 10.11%.

Based on the region, the Work Order Management Systems analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include ClickSoftware, IFS, IBM, Microsoft, NetSuite, Astea, Coresystems, Corrigo, eMaint, FieldAware, FieldEZ, Fieldpoint Service Application, Hippo CMMS, Infor, Maintenance Connection, ServiceChannel, ServiceMax, ServiceNow, ServicePower, Sockeye Technologies, Loc8, Innovapptive, Fingent, MEX, 3Floorsup and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Component

Introduction

In 2021, Solution segment has the highest revenue of US $196.02 million and is expected to grow at CAGR of 10.11% by 2027 Solution segment has highest cagr growth of 10.11%.

Solution

Solution segment was valued at US $157.85 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $375.42 million by 2027. Solution segment represented US $38.18 million opportunity over 2019-2021 and estimated to create US $179.39 million opportunity in 2027 over 2021.

Services

Services segment was valued at US $119.51 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $284.24 million by 2027. Services segment represented US $28.90 million opportunity over 2019-2021 and estimated to create US $135.83 million opportunity in 2027 over 2021.

Organization Size

Introduction

In 2021, Small and Medium-Sized Enterprises segment has the highest revenue of US $224.36 million and is expected to grow at CAGR of 10.11% by 2027 Small and Medium-Sized Enterprises segment has highest cagr growth of 10.11%.

Small and Medium-Sized Enterprises

Small and Medium-Sized Enterprises segment was valued at US $180.66 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $429.68 million by 2027. Small and Medium-Sized Enterprises segment represented US $43.69 million opportunity over 2019-2021 and estimated to create US $205.32 million opportunity in 2027 over 2021.

Large Enterprises

Large Enterprises segment was valued at US $94.56 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $224.90 million by 2027. Large Enterprises segment represented US $22.87 million opportunity over 2019-2021 and estimated to create US $107.47 million opportunity in 2027 over 2021.

Industry Vertical

Introduction

In 2021, Banking, Financial Services, And Insurance segment has the highest revenue of US $179.27 million and is expected to grow at CAGR of 10.11% by 2027 Banking, Financial Services, And Insurance segment has highest cagr growth of 10.11%.

Banking, Financial Services, And Insurance

Banking, Financial Services, And Insurance segment was valued at US $144.36 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $343.33 million by 2027. Banking, Financial Services, And Insurance segment represented US $34.91 million opportunity over 2019-2021 and estimated to create US $164.06 million opportunity in 2027 over 2021.

Telecom And IT

Telecom And IT segment was valued at US $90.98 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $216.38 million by 2027. Telecom And IT segment represented US $22.00 million opportunity over 2019-2021 and estimated to create US $103.40 million opportunity in 2027 over 2021.

Manufacturing

Manufacturing segment was valued at US $53.09 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $126.26 million by 2027. Manufacturing segment represented US $12.84 million opportunity over 2019-2021 and estimated to create US $60.34 million opportunity in 2027 over 2021.

Healthcare And Life Sciences

Healthcare And Life Sciences segment was valued at US $31.53 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $74.99 million by 2027. Healthcare And Life Sciences segment represented US $7.63 million opportunity over 2019-2021 and estimated to create US $35.83 million opportunity in 2027 over 2021.

Consumer Goods And Retail

Consumer Goods And Retail segment was valued at US $23.03 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $54.77 million by 2027. Consumer Goods And Retail segment represented US $5.57 million opportunity over 2019-2021 and estimated to create US $26.17 million opportunity in 2027 over 2021.

Transportation And Logistics

Transportation And Logistics segment was valued at US $11.98 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $28.48 million by 2027. Transportation And Logistics segment represented US $2.90 million opportunity over 2019-2021 and estimated to create US $13.61 million opportunity in 2027 over 2021.

Construction And Real Estate

Construction And Real Estate segment was valued at US $8.95 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $21.29 million by 2027. Construction And Real Estate segment represented US $2.17 million opportunity over 2019-2021 and estimated to create US $10.17 million opportunity in 2027 over 2021.

Energy And Utilities

Energy And Utilities segment was valued at US $3.18 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $7.57 million by 2027. Energy And Utilities segment represented US $0.77 million opportunity over 2019-2021 and estimated to create US $3.62 million opportunity in 2027 over 2021.

Others

Others segment was valued at US $4.50 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $10.71 million by 2027. Others segment represented US $1.09 million opportunity over 2019-2021 and estimated to create US $5.12 million opportunity in 2027 over 2021.

Region

Introduction

In 2021, North America segment has the highest revenue of US $178.44 million and is expected to grow at CAGR of 10.11% by 2027 North America segment has highest cagr growth of 10.11%.

North America

North America segment was valued at US $143.69 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $341.74 million by 2027. North America segment represented US $34.75 million opportunity over 2019-2021 and estimated to create US $163.30 million opportunity in 2027 over 2021.

Europe

Europe segment was valued at US $93.92 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $223.38 million by 2027. Europe segment represented US $22.71 million opportunity over 2019-2021 and estimated to create US $106.74 million opportunity in 2027 over 2021.

Asia Pacific

Asia Pacific segment was valued at US $53.58 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $127.44 million by 2027. Asia Pacific segment represented US $12.96 million opportunity over 2019-2021 and estimated to create US $60.90 million opportunity in 2027 over 2021.

Middle East And Africa

Middle East And Africa segment was valued at US $47.70 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $113.46 million by 2027. Middle East And Africa segment represented US $11.54 million opportunity over 2019-2021 and estimated to create US $54.21 million opportunity in 2027 over 2021.

Latin America

Latin America segment was valued at US $32.70 million in 2019 and is projected to grow at 10.11% CAGR over the forecast period to reach US $77.78 million by 2027. Latin America segment represented US $7.91 million opportunity over 2019-2021 and estimated to create US $37.17 million opportunity in 2027 over 2021.