Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Professional Service Automation (PSA) Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Professional Service Automation (PSA) Software. This report contains market size and forecasts of Professional Service Automation (PSA) Software in global, including the following market information:
Global Professional Service Automation (PSA) Software Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Professional Service Automation (PSA) Software market was valued at US$ 9769.5 million in 2022 and is projected to reach US$ 15560 million by 2029, at a CAGR of 6.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
On-premise Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Professional Service Automation (PSA) Software include Microsoft Corporation, Projector PSA, NetSuite OpenAir, Oracle, Appirio, Changepoint Corporation, ConnectWise, FinancialForce.com and Tenrox, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Professional Service Automation (PSA) Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Professional Service Automation (PSA) Software Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Professional Service Automation (PSA) Software Market Segment Percentages, by Type, 2022 (%)
On-premise
Cloud
Global Professional Service Automation (PSA) Software Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Professional Service Automation (PSA) Software Market Segment Percentages, by Application, 2022 (%)
Consulting Firms
Marketing & Communication
Technology Companies
Others
Global Professional Service Automation (PSA) Software Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Professional Service Automation (PSA) Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Professional Service Automation (PSA) Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Professional Service Automation (PSA) Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Microsoft Corporation
Projector PSA
NetSuite OpenAir
Oracle
Appirio
Changepoint Corporation
ConnectWise
FinancialForce.com
Tenrox
Autotask Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Professional Service Automation (PSA) Software, market overview.
Chapter 2: Global Professional Service Automation (PSA) Software market size in revenue.
Chapter 3: Detailed analysis of Professional Service Automation (PSA) Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Professional Service Automation (PSA) Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.