Predict your next investment

Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Supply Chain & Logistics Software
astea.com

See what CB Insights has to offer

Founded Year

1979

Stage

Acq - P2P | Acquired

About Astea International

Astea International provides software solutions that offer all the cornerstones of service lifecycle management, including customer management, service management, asset management, forward and reverse logistics management and mobile workforce management and optimization.On December 11th, 2019, Astea International was acquired by IFS, terms of the transaction were not disclosed.

Astea International Headquarter Location

240 Gibraltar Road

Horsham, Pennsylvania, 19044,

United States

215-682-2500

Latest Astea International News

Insights into the Field Service Management Global Market to 2027 - Featuring Acumatica, Astea International & ClickSoftware Among Others

Aug 5, 2020

| Source: Research and Markets The author brings years of research experience to the 6th edition of this report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Field Service Management Market to Reach $7.9 Billion by 2027 Amid the COVID-19 crisis, the global market for Field Service Management estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at aCAGR of 14.2% over the period 2020-2027. Cloud, one of the segments analyzed in the report, is projected to record 14.9% CAGR and reach US$5.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premises segment is readjusted to a revised 12.7% CAGR for the next 7-year period. The U.S. Market is Estimated at $924.5 Million, While China is Forecast to Grow at 13.6% CAGR The Field Service Management market in the U.S. is estimated at US$924.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 13.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.7% and 12% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR. Competitors identified in this market include, among others: Accruent LLC

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.