Work Order Management System Market By Component (Solution and Services), By Deployment (Cloud and On-Premises), By Platform (Mac OS & IOS, Linux, and Windows), and By Vertical (BFSI, Construction & Real Estate, Retail & E-Commerce, Energy & Utilities, Healthcare & Life Sciences, Manufacturing, IT & Telecom, Transportation & Logistics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global work order management system market expected to reach approximately USD 822 million by 2025, at a CAGR of slightly above 10.6% between 2019 and 2025. Work order management system handles entire in-demand tasks automatically, such as updating requests, creating, and submitting the required forms.

01-Oct-2019 | Number of pages: 215 | Report Code: ZMR-4801 | Report Format : | Status : Published

Analysis

Work order management system enables organizations to track and manage all the ongoing and pending work allocations through software. The software offers several benefits, such as creating the work order for a given task, monitoring real-time work status, tracking work completion rate, and giving feedback related to completed tasks.

Work order management software systems play a vital role in numerous organizations for managing order and central tracking, thereby driving the overall work order management system market. Work order management system is currently trending worldwide, due to its rising demand by numerous enterprises for management and tracking work orders. The work order management system market is flourishing due to the systems various benefits like tracking work completion rate, the option of creating work orders, employee’s leave feedback, and real-time status updates. Another prominent factor attracting customers is the rising need for simplified work order allocation for exemplary project executions. However, the absence of expertise field workers that are qualified enough to utilize work order management systems may hinder the work order management system market growth to some extent. Moreover, exponential digital transition from traditional manual work handling methods to software solutions is forecasted to result in lucrative market opportunities.

Global Work Order Management System Market

The work order management system market is categorized based on component, deployment, platform, and vertical. The component segment includes solution and services. The solution segment will hold a substantial market share, as it includes all the tools involved like CMMS tools for ticketed maintenance, asset resources for database maintenance, and analytical tools. The deployment segment is classified into cloud and on-premises. Based on platform, the market includes Windows, Linux, and Mac OS and IOS. Windows is observed to be the most used operating platform and holds the largest market share as compared to other operating platforms. The Mac OS & IOS segment is projected to show significant market growth in the future, owing to the availability of latest solutions and secure platform. Nowadays, developers prefer Mac OS and IOS as it is observed to be considerably safer when compared to Windows. By vertical, the market comprises construction and real estate, BFSI, retail and e-commerce, transportation and logistics, energy and utilities, manufacturing, IT and telecom, healthcare and life sciences, and others.

North America significantly dominates the work order management system market, due to the regional presence of leading market players and many organizations are substantially investing in work processes improvisation. Numerous large-scale companies in the U.S. and Canada are highly concerned for quality work process and rapidly adopting work order management solutions.

Some key participants operating in the work order management system market are Infor, IBM, Oracle, Fingent Corporation, Innovapptive, Corrigo Incorporated, Maintenance Connection, Fieldpoint Service Applications, Microsoft, ServiceNow, Fluke Corporation, IFS Linkoping, Hippo CMMS, ClickSoftware, Coresystems, MEX, ServicePower, Astea International, Loc8.com, Sockeye Technologies, ServiceChannel, ServiceMax, FieldEZ, and FieldAware.


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