Global Service Lifecycle Management Application Market (By Service Based Models – Dealer Based Models, Performance-based Models, Depot-based Models, Field-Based Models. By Solutions – Customer Contact & Support, Field Service Management, Warranty & Service Management, Service Parts Information Management. By Software Type – Cloud-based Software, Web-based Software. By End-User Industry – Automotive & Transportation, Aerospace & Defense, Medical Equipment, High Technology, Industrial Machinery & Equipment, Telecommunication. By Geography – North America, Asia Pacific, Europe, Latin America, Middle East & Africa.) - Global industry analysis, size, share, growth, trends and forecast, 2020 – 2030. POST-COVID

The Global Service Lifecycle Management Application Market was $2.5 Bn in 2020, and it is highly expected to reach $7.8 Bn by 2030. It is eventually growing at a commendable high compound annual growth rate CAGR of 12.1% between 2020 – 2030. But due to the current pandemic of COVID-19 there might be a slight difference in the growth rate in the present year. The Global Service Lifecycle Management Application Market is primarily driven by the rise in the adoption of the service lifecycle management applications in high tech, automotive, medical equipment industries. This will help to accelerate the growth of the market in the forecast period.

Global Service Lifecycle Management Application Market Is Estimated to Witness Remarkable Growth

Source: SAI Research

The Global Service Lifecycle Management Application Market has been segmented into Service-Based Models, By Solutions, By Software Type, By End-User Technology. (By Service Based Models – Dealer Based Models, Performance-based Models, Depot-based Models, Field-Based Models. By Solutions – Customer Contact & Support, Field Service Management, Warranty & Service Management, Service Parts Information Management. By Software Type – Cloud-based Software, Web-based Software. By End-User Industry – Automotive & Transportation, Aerospace & Defense, Medical Equipment, High Technology, Industrial Machinery & Equipment, Telecommunication. By Geography – North America, Asia Pacific, Europe, Latin America, Middle East & Africa). The Low Service Cost for SLM providers is expected to accelerate the growth of this amrlket dueing the forecasted period of 2020 – 2030.

By Region, North America Is Holding The Major Market Share

The Global Service Lifecycle Management Application Market has been geographically segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. In addition to this North America is holding the largest market share currently and is estimated to show a high compound annual growth rate in the upcoming forecast period.  due to the presence of the low cost service for SLM providers. Along with this the competitive advantage over the discharged technology is also expected to increase the global service lifecycle management application market over the forecasted period.

Major Players in the Global Service Lifecycle Management Application Market

Some of the key players in the Global Service Lifecycle Management Application Market include PTC Inc., Tech Mahindra Limited, Wipro Limited, Siemens AG, Atos SE, Tata Consultancy Services Limited, Oracle Corporation, Astea International Inc., IBM Corporation, Dessault Systems.

The Global Service Lifecycle Management Application Market Has Been Segmented Into:

GLOBAL SERVICE LIFECYCLE MANAGEMENT APPLICATION MARKET, BY SERVICE BASED MODELS

• Dealer-based Model
• Performance-based Model
• Depot-based Model
• Field-based Model

GLOBAL SERVICE LIFECYCLE MANAGEMENT APPLICATION MARKET, BY SOLUTIONS

• Customer Contact & Support
• Field Service Management
• Warranty & Service Management
• Service Parts Information Management

GLOBAL SERVICE LIFECYCLE MANAGEMENT APPLICATION MARKET, BY SOFTWARE TYPE

• Cloud-based Software
• Web-based Software

GLOBAL SERVICE LIFECYCLE MANAGEMENT APPLICATION MARKET, BY END-USE INDUSTRY

• Automotive & Transportation
• Aerospace & Defense
• Medical Equipment
• High Technology
• Industrial Machinery & Equipment
• Telecommunication

GLOBAL SERVICE LIFECYCLE MANAGEMENT APPLICATION MARKET, BY REGION

• North America
• USA
• Canada
• Mexico
• Rest of North America
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• India
• China
• Japan
• South Korea
• Rest of Asia Pacific
• Latin America, Middle East & Africa
• Brazil
• South Africa
• UAE
• Rest of LAMEA