The global market value of Stratistics MRC field business management is expected to reach $3.28 billion, growing at a CAGR of 18.5% during the period 2022-2028.
Field activity management refers to the use of software, procedures and communication solutions to manage field activities, including physical assets, associated people and equipment. It is the art of managing and responding to all the moving parts of a business that operate outside of a central office. This software unifies and brings together mapping and planning data, location data, and time and expense monitoring into a single platform, enabling more efficient asset usage, visualization, tracking, and administration.
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By geography, North America is expected to have the largest market share over the forecast period, owing to the increasing number of data breaches with the increase in the use of field activities and BYOD preferences. This region has been very quick to implement the most recent technical innovations, such as cloud computing, field activities and IoT, in enterprises. In recent years, companies have been deploying the field activity management solution on a large scale. Additionally, the United States is a significant contributor across North America, as constant innovation and new technologies drive the growth of the US market.
Some of the key players profiled in the field activity management market include Salesforce.Com, Inc., ProntoForms Corporation, Esri, Inc., SafetyCulture Pty Ltd., Repsly, Inc., Bentley Systems, Inc., GoCanvas, SAP SE, FieldWireLabs, Inc., Fulcrum, Field Safe Solutions, Inc., OnSource, Spatial Networks, Inc., MobileLogix, Logistics Services, Thundermaps, Microsoft and Oracle Corporation.
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