The Latin America, Middle East and Africa Field Activity Management Market would witness market growth of 21.1% CAGR during the forecast period (2021-2027).
Replenishment orders are a cornerstone of Field Activity Management, whether they're replenishing consumer products at a retail outlet or supplying a distributor. Field representatives are frequently asked to do more than just deliver items to a certain place. In addition, these representatives are expected to conduct field research on a client's current condition whenever they arrive at a retailer or other consumer location.
Being aware of the location of field agents are at all times aids in avoiding customer service mistakes such as missed appointments or failure to deliver promised services. With the help of field activity management solutions, companies can resolve disagreements with irrefutable evidence by tracking field representatives’ locations, eliminating the difficult dilemma that emerges when an employee's word contradicts that of a client.
Five of the top ten oil-producing countries are located in the Middle East. Many multinational oil corporations participate in oil production and related activities in the Middle East through joint ventures, production-sharing agreements, and other economic models, despite the fact that state-owned enterprises produce the majority of the oil. The demand for awareness of all things within the operation is important in a world as dynamic as Oil & Gas. Organizations must be able to handle complex, diverse, and evolving mobile oil and gas field service management needs in order to streamline operations, decrease costs, and improve profitability. The oil and gas business has extremely high requirements for effective field activity management solutions. This is because these solutions can help any company to deliver service to any location, whether it’s servicing its own assets, its customer's assets and equipment, or rental equipment.
The Brazil market dominated the LAMEA Field Activity Management Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $42.7 million by 2027. The Argentina market is poised to grow at a CAGR of 21.8% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 20.8% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services (Integration & Implementation, Consulting, and Training & Support). Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Enterprise Size, the market is segmented into Small & Medium Enterprises and Large Enterprises. Based on Vertical, the market is segmented into Telecom, Construction & Real- Estate, Energy & Utilities, Manufacturing, Agriculture, Government, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Field Activity Management Market is Predict to reach $2.3 Billion by 2027, at a CAGR of 16.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Repsly, Inc., Spatial Networks, Inc., ProntoForms Corporation, Canvas Solutions, Inc., SafetyCulture Pty Ltd., Field Safe Solutions, Inc., FieldWireLabs, Inc., Bentley Systems, Inc., Esri, Inc., and SAP SE.
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