Market Overview:
The global HVAC service 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 the benefits of using HVAC service software among businesses. The global HVAC service software market can be segmented on the basis of type into cloud-based and web-based software. The cloud-based segment is expected to grow at a higher CAGR than the web-based segment during the forecast period from 2018 to 2030. This growth can be attributed to factors such as lower installation and maintenance costs, easy upgradation, and scalability offered by cloud-based solutions. On the basis of application, the global HVAC service software market can be divided into SMEs and large enterprises.
Product Definition:
HVAC service software is a type of computer software that is used to help HVAC technicians in their work. It can be used to schedule appointments, track inventory, manage invoices, and more. The importance of HVAC service software lies in its ability to help technicians work more efficiently and effectively.
Cloud Based:
Cloud-based software is a service model that provides shared pool resources among multiple organizations. It helps in reducing the cost of technology infrastructure and offers flexibility to the enterprises for accessing data from remote locations. The major advantage offered by cloud-based HVAC software is that it allows users to control their systems from any location through internet connected devices such as smartphones, laptops, and tablets.
Web Based:
The global web-based and it's usage in HVAC service software market size was valued at USD 0.87 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period owing to the growing adoption of cloud technology across various industries such as manufacturing, retail, healthcare & life sciences, BFSI, IT & telecom and government sectors among others.
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. Furthermore, these companies require customized solutions for their business needs which they can deploy quickly with little or no initial investment on implementation costs.
The SMEs segment is expected to exhibit the highest CAGR over the forecast period owing to increasing penetration of small businesses in developing countries such as India and China where manufacturers offer products at low prices resulting in increased adoption by SMEs across all regions globally including North America, Europe, Asia Pacific and Middle East & Africa.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of industry players, increased adoption of advanced technologies, and high demand for energy-efficient systems. Moreover, rising awareness regarding HVAC system maintenance is expected to drive regional demand over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing government initiatives for improving energy infrastructure in emerging economies such as China and India. Furthermore, growing penetration of small & medium enterprises (SMEs) in these countries will propel regional demand during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient buildings and homes
- Growing awareness about the benefits of using HVAC service software
- Rising number of construction projects across the globe
- Proliferation of smart technologies and their integration with HVAC systems
- Growing demand for cloud-based services
Scope Of The Report
Report Attributes
Report Details
Report Title
HVAC Service 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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global HVAC Service Software Market Report Segments:
The global HVAC Service 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 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 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 Software is a software application that helps HVAC technicians diagnose and repair heating, ventilation, and air conditioning (HVAC) systems. It includes features such as system diagnostics, maintenance scheduling, and fault detection.
Some of the major players in the hvac service 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 software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HVAC Service 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 Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HVAC Service 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 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 Software Market Size & Forecast, 2018-2028
4.5.1 HVAC Service Software Market Size and Y-o-Y Growth
4.5.2 HVAC Service Software Market Absolute $ Opportunity
Chapter 5 Global HVAC Service 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 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 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 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 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 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 Software Analysis and Forecast
9.1 Introduction
9.2 North America HVAC Service 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 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 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 Software Analysis and Forecast
10.1 Introduction
10.2 Europe HVAC Service 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 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 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 Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HVAC Service 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 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 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 Software Analysis and Forecast
12.1 Introduction
12.2 Latin America HVAC Service 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 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 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 Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HVAC Service 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 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 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 Software Market: Competitive Dashboard
14.2 Global HVAC Service 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
