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Market Analysis and Insights: Global Professional Service Automation (PSA) Software Market
Professional services automation (PSA) is a software product designed to assist professionals, such as IT consultants, auditors, lawyers, and others, with resource management and project management for client projects. Core functions of PSA include automated time & billing, project management capabilities, invoice management, resource allocation, expense management, and others. It also offers powerful and consistent reports and dashboards, which provide management key information to make insightful decisions. It also offers benefits such as project effectiveness, improved customer satisfaction, reduced revenue leakage, improved forecasting capability, and others.
The global Professional Service Automation (PSA) Software market size is projected to reach US$ 15560 million by 2028, from US$ 9494.7 million in 2021, at a CAGR of 7.2% during 2022-2028.
Fully considering the economic change by this health crisis, On-premise accounting for % of the Professional Service Automation (PSA) Software global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Consulting Firms segment is altered to an % CAGR throughout this forecast period.
China Professional Service Automation (PSA) Software market size is valued at US$ million in 2021, while the North America and Europe Professional Service Automation (PSA) Software are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Professional Service Automation (PSA) Software landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Professional Service Automation (PSA) Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Professional Service Automation (PSA) Software market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Professional Service Automation (PSA) Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Professional Service Automation (PSA) Software market.
Global Professional Service Automation (PSA) Software Scope and Market Size
Professional Service Automation (PSA) Software market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Professional Service Automation (PSA) Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
On-premise
Cloud
Segment by Application
Consulting Firms
Marketing & Communication
Technology Companies
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Microsoft Corporation
Projector PSA
NetSuite OpenAir
Oracle
Appirio
Changepoint Corporation
ConnectWise
FinancialForce.com
Tenrox
Autotask Corporation
Professional services automation (PSA) is a software product designed to assist professionals, such as IT consultants, auditors, lawyers, and others, with resource management and project management for client projects. Core functions of PSA include automated time & billing, project management capabilities, invoice management, resource allocation, expense management, and others. It also offers powerful and consistent reports and dashboards, which provide management key information to make insightful decisions. It also offers benefits such as project effectiveness, improved customer satisfaction, reduced revenue leakage, improved forecasting capability, and others.
The global Professional Service Automation (PSA) Software market size is projected to reach US$ 15560 million by 2028, from US$ 9494.7 million in 2021, at a CAGR of 7.2% during 2022-2028.
Fully considering the economic change by this health crisis, On-premise accounting for % of the Professional Service Automation (PSA) Software global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Consulting Firms segment is altered to an % CAGR throughout this forecast period.
China Professional Service Automation (PSA) Software market size is valued at US$ million in 2021, while the North America and Europe Professional Service Automation (PSA) Software are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Professional Service Automation (PSA) Software landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Professional Service Automation (PSA) Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Professional Service Automation (PSA) Software market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Professional Service Automation (PSA) Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Professional Service Automation (PSA) Software market.
Global Professional Service Automation (PSA) Software Scope and Market Size
Professional Service Automation (PSA) Software market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Professional Service Automation (PSA) Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
On-premise
Cloud
Segment by Application
Consulting Firms
Marketing & Communication
Technology Companies
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Microsoft Corporation
Projector PSA
NetSuite OpenAir
Oracle
Appirio
Changepoint Corporation
ConnectWise
FinancialForce.com
Tenrox
Autotask Corporation
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
