11630 SW 97 Street, Miami, Florida 33176, US
Advertising Driven Press Release Distribution
Advertising Driven Press Release Distribution
Future Market Insights delivers key insights on the global service lifecycle management application market in a new report titled, “Service Lifecycle Management Application Market: Global Industry Analysis and Opportunity Assessment, 2020–2030”. According to the report, the global service lifecycle management application market is estimated to be valued at US$ 1288.9 Mn by 2016 end and is expected to reach US$ 2730.8 Mn by 2026, projecting a CAGR of 7.8% over the forecast period (2016 and 2026).
According to Future Market Insights analysts, factors such as creating value proposition of end users by increasing profit margins, saving of the operational and service costs of the organisation, increasing customer satisfaction and loyalty, and transforming services with the growth of 3rd platform technologies are some of the drivers that are expected to boost the growth of the global service lifecycle management application market during the forecast period.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-1973
“The global service lifecycle management application market is showcasing a growing trend of market consolidation through mergers and acquisitions and partnerships of key software players in the market. Many product launches by software vendors have provided end-use industries with the best breed of service lifecycle management applications. Moreover, the market is witnessing a growing trend of servicing heavy equipment and large capital intensive assets used in manufacturing and high technology industries. Cloud based technologies represent the biggest disruptive trend in the overall global service lifecycle management application market.” – Analyst, Future Market Insights
COVID-19 Pandemic Impact Analysis
The COVID-19 pandemic has brought to light some valuable experiences for businesses. Working remotely, through cloud-based platforms, has been an essential aspect of the pandemic to ensure business continuity. This is projected to result in soaring demand for cloud-based software in the global service lifestyle management application market.
Regional market projections
The global service lifecycle management application market is segmented into the seven key regions of North America, Western Europe, APEJ, Latin America, Eastern Europe, Japan, and MEA. Of all the major markets, the APAC market is projected to witness high growth in terms of revenue by the end of 2026. An increasing adoption of SLM applications in manufacturing, medical, and high tech industries in countries such as China is expected to fuel the growth of the Asia Pacific service lifecycle management application market during the forecast period. The markets in Japan and MEA are estimated to collectively account for a value share of 6.0% of the global service lifecycle management application market by 2016 and are projected to register CAGRs of 7.1% and 6.2% respectively over the forecast period.
Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-1973
Segmental Highlights on the Service Lifecycle Management Application Market
The global service lifecycle management application market is segmented on the basis of Software Type (Cloud-Based Software, Web-Based Software); Service Based Models (Dealer-Based Model, Performance-Based Model, Depot-Based Model, Field-Based Model); Solutions (Customer Contact & Support, Field Service Management, Warranty & Service Management, Service Parts Information Management); and End Use Industry (Automotive & Transportation, Aerospace & Defence, Medical Equipment, High Technology, Industrial Machinery & Equipment, Telecommunication).
Vendor insights
The report on the global service lifecycle management application market profiles some of the leading companies operating in this market globally. The top companies featured in the report are PTC Inc., Tech Mahindra Limited, Wipro Limited, Siemens AG, Atos SE, Tata Consultancy Services Limited, Oracle Corporation, Astea International Inc., IBM Corporation, and Dessault Systems. Market leaders are focussing on investing in service lines such as infrastructure services, product engineering services, analytics, and application services; and are entering into strategic partnerships to strengthen their market share and cement their foothold in the global service lifecycle management application market.
Contact Sales for Further Assistance in Purchasing this Report: https://www.futuremarketinsights.com/checkout/1973
Key Segment
By Service Based Model
Field Based Model
Depot Based Model
Dealer Based Model
Performance Based Model
By Solutions
Field Based Model
Depot Based Model
Dealer Based Model
Performance Based Model
By End-use Industry
Automotive & Transportation
Aerospace & Defense
Medical Equipment
High Technology
Telecommunications
Industrial Machinery & Equipment
More from FMI’s Electronics, Semiconductors, and ICT Market Intelligence:
Salesforce Services Market: Find insights on the salesforce services market with analysis of statistics, segments, players, influencers, and business strategies adopted over a 10-year forecast period.
Enterprise Asset Management Market: FMI’s report on the enterprise asset management market provides insights on the market for 2021-2029. The study provides insights on restraining forces, revenue sources, market leaders, and market strategies.
Residential & Commercial Smart Glass Market: An analysis on the residential & commercial smart glass market with information on opportunities, growth levers, regional markets, restraints, regulatory policies, and strengths of market players.
For exclusive content regarding the latest trends in the world of Press Release distribution.
