Service Lifecycle Management Application Market Analysis
SERVICE LIFECYCLE MANAGEMENT APPLICATION MARKET ANALYSIS
Service Lifecycle Management Application Market, By Service Based Models (Dealer-based Model, Performance-based Model, Depot-based Model And Field-based Model) By Solutions (Customer Contact & Support, Field Service Management , Warranty & Service Management, Service Parts Information Management), By Software Type (Cloud-based Software and Web-based Software), By End-use Industry (Automotive & Transportation, Aerospace & Defense, Medical Equipment, High Technology , Industrial Machinery & Equipment and Telecommunication) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Major companies in the market are focused on contracts and agreements, in order to enhance the market presence. For instance, in April 2020, IBM Corporation entered into an agreement with Fenergo to collaborate on solutions that can help clients address various financial risks.
Key players in the market are involved in product launches, in order to expand the product portfolio. For instance, in February 2019, Tech Mahindra Limited introduced netOps.ai to accelerate 5G adoption for communication service providers.