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As we transition into 2024, the field service industry stands on the brink of a new era, characterized by transformative shifts and unprecedented opportunities. Prepare for a successful new year and dive into our comprehensive white paper on the field service landscape, leveraging exclusive data from the Field Nation marketplace.
Discover the latest trends shaping the field service industry in 2024 to help you refine your strategies and thrive in this dynamic environment. Gain insights into how economic changes, labor market dynamics, and technological advancements are transforming the sector and learn how specialized market strategies and adaptable business models are crucial for success.
TOP TAKEAWAYS
- A pullback in discretionary spending affects some projects; however, rapid growth continues in other areas.
- The skilled labor shortage shifts focus towards independent contractors, changing workforce dynamics.
- A targeted approach for different vertical markets enhances opportunities, as each segment responds uniquely to market trends.
- Growth opportunities proliferate in the physical security, data center expansion, wireless upgrades, and digital signage spaces.
A note about our model: Field Nation is a software company and labor marketplace that enables companies to connect with thousands of independent contractors with skills in a variety of work types. Companies are responsible for defining and posting the work, negotiating and engaging the technician, and reviewing and approving each work order. Independent contractors are responsible for entering and updating their platform profiles to advertise their skills, experience, and preferences, as well as choosing when and how they want to work and manage their business.
