Market Overview:
The global HVAC service management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient buildings and rising awareness about energy conservation among consumers. Additionally, the growing adoption of cloud-based and web-based HVAC service management software solutions among small and medium enterprises (SMEs) and large enterprises is also contributing to the growth of this market. However, lack of awareness about benefits offered by these solutions is restraining the growth of this market to some extent. On the basis of type, the global HVAC service management software market can be segmented into cloud-based and web-based solutions. The cloud-based segment is expected to account for a larger share than the web-based segment in terms of revenue during 2018–2030 owing to its advantages such as scalability, flexibility, reduced TCO (total cost ownership), etc.
Product Definition:
HVAC Service Management Software is a computer program used to manage the business operations of an HVAC service company. It can track customer information, schedules, jobs, invoices and payments. HVAC Service Management Software can help increase efficiency and profitability for an HVAC service company.
Cloud Based:
Cloud-based HVAC software is a service that enables users to access data from remote servers. The technology has been around for quite some time and has seen tremendous growth in recent years.
Web Based:
The global web-based and it's usage in HVAC service management software market size was valued at USD 6.5 billion in 2016. The industry is expected to witness a CAGR of XX% over the forecast period. Web-based software solutions are gaining popularity owing to benefits such as easy implementation, cost effectiveness, and flexibility offered by them.
Application Insights:
The large enterprises segment dominated the global market in 2017. This can be attributed to factors such as extensive IT infrastructure, high number of end-users and a large number of HVAC systems across various industry verticals. Large enterprises are more likely to opt for an integrated solution that includes hardware, software and services since they have a larger budget allocated for the same. The SMEs segment is expected to witness lucrative growth over the forecast period owing to increasing penetration of small businesses across geographies and rising demand for cost-effective solutions by these companies.
SMEs accounted for over 50% revenue share in 2017 owing to their growing adoption of cloud based SaaS applications due largely on factors such as limited IT resources coupled with high operational costs incurred while maintaining physical servers at their premises or offsite locations which results in higher adoption rate among SMEs globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to several factors such as increasing adoption of cloud-based solutions, high IT budget and growing demand for energy efficiency. Moreover, rising awareness regarding carbon emission and environmental protection is expected to drive the demand for HVAC systems in this region over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing government initiatives pertaining to energy conservation and sustainable development.
The Latin American region comprises countries such as Brazil that are economically developing with a large population base at risk from extreme climatic conditions during peak heating/cooling seasons (i.e., El Niño Southern Oscillation or La Niña).
Growth Factors:
- Increasing demand for energy-efficient buildings and homes
- Growing awareness about the benefits of using HVAC service management software
- Proliferation of smart devices and the Internet of Things (IoT)
- Rising number of construction projects worldwide
- Growing demand for cloud-based solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
HVAC Service Management Software Market Research Report
By Type
Cloud Based, Web Based
By Application
SMEs, Large Enterprises
By Companies
FieldEdge, ServiceTitan, Housecall Pro, MHelpDesk, Synchroteam, SimPRO, WorkWave LLC, Verizon Connect, Jobber Software, Jonas, FieldEZ Technologies, Astea International, Service Fusion, ServiceMax, Tradify, Wintac
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global HVAC Service Management Software Market Report Segments:
The global HVAC Service Management Software market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FieldEdge
- ServiceTitan
- Housecall Pro
- MHelpDesk
- Synchroteam
- SimPRO
- WorkWave LLC
- Verizon Connect
- Jobber Software
- Jonas
- FieldEZ Technologies
- Astea International
- Service Fusion
- ServiceMax
- Tradify
- Wintac
Highlights of The HVAC Service Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- By Application:
- SMEs
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the HVAC Service Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
HVAC Service Management Software is a software application that helps manage and monitor the performance of an HVAC system. The software can help identify issues early, track repairs and maintenance schedules, and provide reports on system performance.
Some of the major companies in the hvac service management software market are FieldEdge, ServiceTitan, Housecall Pro, MHelpDesk, Synchroteam, SimPRO, WorkWave LLC, Verizon Connect, Jobber Software, Jonas, FieldEZ Technologies, Astea International, Service Fusion, ServiceMax, Tradify, Wintac.
The hvac service management software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HVAC Service Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 HVAC Service Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HVAC Service Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the HVAC Service Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global HVAC Service Management Software Market Size & Forecast, 2018-2028
4.5.1 HVAC Service Management Software Market Size and Y-o-Y Growth
4.5.2 HVAC Service Management Software Market Absolute $ Opportunity
Chapter 5 Global HVAC Service Management Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 HVAC Service Management Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HVAC Service Management Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 HVAC Service Management Software Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HVAC Service Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 HVAC Service Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America HVAC Service Management Software Analysis and Forecast
9.1 Introduction
9.2 North America HVAC Service Management Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America HVAC Service Management Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America HVAC Service Management Software Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe HVAC Service Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe HVAC Service Management Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe HVAC Service Management Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe HVAC Service Management Software Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific HVAC Service Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HVAC Service Management Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific HVAC Service Management Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific HVAC Service Management Software Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America HVAC Service Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America HVAC Service Management Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America HVAC Service Management Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America HVAC Service Management Software Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) HVAC Service Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HVAC Service Management Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) HVAC Service Management Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) HVAC Service Management Software Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 HVAC Service Management Software Market: Competitive Dashboard
14.2 Global HVAC Service Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FieldEdge
14.3.2 ServiceTitan
14.3.3 Housecall Pro
14.3.4 MHelpDesk
14.3.5 Synchroteam
14.3.6 SimPRO
14.3.7 WorkWave LLC
14.3.8 Verizon Connect
14.3.9 Jobber Software
14.3.10 Jonas
14.3.11 FieldEZ Technologies
14.3.12 Astea International
14.3.13 Service Fusion
14.3.14 ServiceMax
14.3.15 Tradify
14.3.16 Wintac
