Product Code: 978-1-68038-790-2
Professional Services Automation Software Market Growth & Trends:
The global professional services automation software market size is expected to reach USD 25.25 billion by 2030, expanding at a CAGR of 11.9% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Increasing usage of advanced technologies such as machine learning, artificial intelligence, and robotic process automation (RPA) in Professional Services Solutions (PSA) for making profitable decisions in businesses is creating robust market opportunities.
With these technologies, market players are helping various organizations for automating different business processes. Furthermore, big data analytics technology, coupled with the internet of things (IoT), increases professional services automation software's overall productivity, contributing to the professional services automation software market growth. The professional services automation software market is anticipated to expand significantly due to increasing enterprises' preference for professional services automation software to manage and monitor resource utilization.
Enterprises from the various industrial sector are partnering with PSA vendors for PSA solution deployment for their resource management operations. For instance, in January 2022, workgraph company, Soroco collaborated with the automation business of Information Services Group (ISG), ISG Automation to help its clients in accelerating their digital transformation by providing PSA services. The ISG Automation will provide its portfolio for advisory and implementation services including proof-of-concept deployments, software bots' integration, and other train & managed services.
Rapid developments in advanced technologies and the growing popularity of PSA solutions are encouraging various companies to enter the professional services automation software market to enhance their business growth. Startups operating in the professional services automation software market are highly emphasizing participating in funding rounds to raise funds and strengthen their brand presence. For instance, in July 2021, a Remote IT management and professional services automation software company in Israel, Atera, raised USD 77 million in a Series B financing round led by K1 Investment Management and General Atlantic. The company will use this funding to expand its service offerings in automation software and business operations in untapped global markets.
Professional Services Automation Software Market Report Highlights:
- Business analytics segment is anticipated to reach USD 2,455.9 million by 2030. With automation in business analytics, organizations are making data-driven decisions and achieving greater profitability in their businesses, supporting the market growth
- Marketing and communication segment is set to register a CAGR of 13.9% through 2030 owing to the increasing adoption of professional services automation software by marketing firms to automate their various time-consuming tasks and decrease the product time to market. These marketing and communication firms are focusing on establishing long-term partnerships with market players for cost optimization
- Cloud integrations segment is expected to dominate the market with a share of USD 14,728.5 million in 2030. PSA software implementation through cloud integrations offers various benefits to organizations such as multiple cloud environment management through a single platform, reduction of manual intervention, workflow optimization, and enabling businesses to adopt the changing technology landscape, driving the segment growth
- Small & medium enterprise segment is anticipated to expand at the highest CAGR of 13.6% from 2023 to 2030. Small & medium-sized enterprises are using PSA solutions for process time management, automating various tasks to allow employees to focus on other important works and control unnecessary spending of the company, thereby contributing to the professional services automation software market size expansion
- Asia Pacific professional services automation software market is expected to register a rising CAGR of 14.0% through 2030 owing to the region's rapid digitalization and emerging startups. Supportive government initiatives for the software industry and the emergence of digital economies create a positive market outlook
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Scope and Assumptions
- 1.2.1 Purchased Database
- 1.2.2 GVR'S Internal Database
- 1.2.3 List of secondary sources
- 1.2.4 Primary Research
- 1.3 List of Data sources
- 1.4 Market Formulation & Publishing
- 1.5 Data Validation & Publishing
Chapter 2 Executive Summary
- 2.1 Professional Services Automation Software Market - Industry Snapshot & Key Buying Criteria, 2018 - 2030
- 2.2 Global PSA Software Market, 2018 - 2030
- 2.2.1 Global PSA software market, by region, 2018 - 2030
- 2.2.2 Global PSA software market, by solution, 2018 - 2030
- 2.2.3 Global PSA software market, by application, 2018 - 2030
- 2.2.4 Global PSA software market, by deployment, 2018 - 2030
- 2.2.5 Global PSA software market, by enterprise size, 2018 - 2030
Chapter 3 Professional Services Automation Software Industry Outlook
- 3.1 Market Segmentation and Scope
- 3.2 Market Size and Growth Prospects
- 3.3 Professional Services Automation Software Market - Value Chain Analysis
- 3.4 Professional Services Automation Software Market - Market Dynamics
- 3.4.1 Market driver analysis
- 3.4.2 Market challenge analysis
- 3.5 Professional Services Automation Software Market - Porter's Five Forces Analysis
- 3.6 Professional Services Automation Software Market - PESTEL Analysis
- 3.7 Impact of COVID on Professional Services Automation Software Market
Chapter 4 Professional Services Automation Software Solution Outlook
- 4.1 PSA Software Market Share by Solution, 2022 & 2030
- 4.2 Project Management
- 4.2.1 Market estimates & forecasts, by region, 2018 - 2030
- 4.3 Billing & Invoice Management
- 4.3.1 Market estimates & forecasts, by region, 2018 - 2030
- 4.4 Resource Management
- 4.4.1 Market estimates & forecasts, by region, 2018 - 2030
- 4.5 Timesheet & Expense Management
- 4.5.1 Market estimates & forecasts, by region, 2018 - 2030
- 4.6 Business Analytics
- 4.6.1 Market estimates & forecasts, by region, 2018 - 2030
- 4.7 Others
- 4.7.1 Market estimates & forecasts, by region, 2018 - 2030
Chapter 5 Professional Services Automation Software Application Outlook
- 5.1 PSA Software Market Share by Application, 2022 & 2030
- 5.2 Consulting Firms
- 5.2.1 Market estimates & forecasts, by region, 2018 - 2030
- 5.3 Technology Companies
- 5.3.1 Market estimates & forecasts, by region, 2018 - 2030
- 5.4 Marketing & Communication Firms
- 5.4.1 Market estimates & forecasts, by region, 2018 - 2030
- 5.5 Others
- 5.5.1 Market estimates & forecasts, by region, 2018 - 2030
Chapter 6 Professional Services Automation Software Deployment Outlook
- 6.1 PSA Software Market Share by Deployment, 2022 & 2030
- 6.2 On-premise
- 6.2.1 Market estimates & forecasts, by region, 2018 - 2030
- 6.3 Cloud
- 6.3.1 Market estimates & forecasts, by region, 2018 - 2030
Chapter 7 Professional Services Automation Software Enterprise Size Outlook
- 7.1 PSA Software Market Share by Enterprise Size, 2022 & 2030
- 7.2 Large Enterprise
- 7.2.1 Market estimates & forecasts, by region, 2018 - 2030
- 7.3 Small & Medium Enterprise
- 7.3.1 Market estimates & forecasts, by region, 2018 - 2030
Chapter 8 Professional Services Automation software Regional Outlook
- 8.1 Professional Services Automation software Market Share by Region, 2022 & 2030
- 8.2 North America
- 8.2.1 North America Market estimates & forecasts, 2018 - 2030
- 8.2.2 North America Market estimates & forecasts, by solution, 2018 - 2030
- 8.2.3 North America Market estimates & forecasts, by application, 2018 - 2030
- 8.2.4 North America Market estimates & forecasts, by deployment, 2018 - 2030
- 8.2.5 North America Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.2.6 U.S.
- 8.2.6.1 U.S. Market estimates & forecasts, 2018 - 2030
- 8.2.6.2 U.S. Market estimates & forecasts, by solution, 2018 - 2030
- 8.2.6.3 U.S. Market estimates & forecasts, by application, 2018 - 2030
- 8.2.6.4 U.S. Market estimates & forecasts, by deployment, 2018 - 2030
- 8.2.6.5 U.S. Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.2.7 Canada
- 8.2.7.1 Canada Market estimates & forecasts, 2018 - 2030
- 8.2.7.2 Canada Market estimates & forecasts, by solution, 2018 - 2030
- 8.2.7.3 Canada Market estimates & forecasts, by application, 2018 - 2030
- 8.2.7.4 Canada Market estimates & forecasts, by deployment, 2018 - 2030
- 8.2.7.5 Canada Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.3 Europe
- 8.3.1 Europe Market estimates & forecasts, 2018 - 2030
- 8.3.2 Europe Market estimates & forecasts, by solution, 2018 - 2030
- 8.3.3 Europe Market estimates & forecasts, by application, 2018 - 2030
- 8.3.4 Europe Market estimates & forecasts, by deployment, 2018 - 2030
- 8.3.5 Europe Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.3.6 U.K.
- 8.3.6.1 U.K. Market estimates & forecasts, 2018 - 2030
- 8.3.6.2 U.K. Market estimates & forecasts, by solution, 2018 - 2030
- 8.3.6.3 U.K. Market estimates & forecasts, by application, 2018 - 2030
- 8.3.6.4 U.K. Market estimates & forecasts, by deployment, 2018 - 2030
- 8.3.6.5 U.K. Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.3.7 Germany
- 8.3.7.1 Germany Market estimates & forecasts, 2018 - 2030
- 8.3.7.2 Germany Market estimates & forecasts, by solution, 2018 - 2030
- 8.3.7.3 Germany Market estimates & forecasts, by application, 2018 - 2030
- 8.3.7.4 Germany Market estimates & forecasts, by deployment, 2018 - 2030
- 8.3.7.5 Germany Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.3.8 Italy
- 8.3.8.1 Italy Market estimates & forecasts, 2018 - 2030
- 8.3.8.2 Italy Market estimates & forecasts, by solution, 2018 - 2030
- 8.3.8.3 Italy Market estimates & forecasts, by application, 2018 - 2030
- 8.3.8.4 Italy Market estimates & forecasts, by deployment, 2018 - 2030
- 8.3.8.5 Italy Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.3.9 France
- 8.3.9.1 France Market estimates & forecasts, 2018 - 2030
- 8.3.9.2 France Market estimates & forecasts, by solution, 2018 - 2030
- 8.3.9.3 France Market estimates & forecasts, by application, 2018 - 2030
- 8.3.9.4 France Market estimates & forecasts, by deployment, 2018 - 2030
- 8.3.9.5 France Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Market estimates & forecasts, 2018 - 2030
- 8.4.2 Asia Pacific Market estimates & forecasts, by solution, 2018 - 2030
- 8.4.3 Asia Pacific Market estimates & forecasts, by application, 2018 - 2030
- 8.4.4 Asia Pacific Market estimates & forecasts, by deployment, 2018 - 2030
- 8.4.5 Asia Pacific Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.4.6 China
- 8.4.6.1 China Market estimates & forecasts, 2018 - 2030
- 8.4.6.2 China Market estimates & forecasts, by solution, 2018 - 2030
- 8.4.6.3 China Market estimates & forecasts, by application, 2018 - 2030
- 8.4.6.4 China Market estimates & forecasts, by deployment, 2018 - 2030
- 8.4.6.5 China Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.4.7 Japan
- 8.4.7.1 Japan Market estimates & forecasts, 2018 - 2030
- 8.4.7.2 Japan Market estimates & forecasts, by solution, 2018 - 2030
- 8.4.7.3 Japan Market estimates & forecasts, by application, 2018 - 2030
- 8.4.7.4 Japan Market estimates & forecasts, by deployment, 2018 - 2030
- 8.4.7.5 Japan Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.4.8 India
- 8.4.8.1 India Market estimates & forecasts, 2018 - 2030
- 8.4.8.2 India Market estimates & forecasts, by solution, 2018 - 2030
- 8.4.8.3 India Market estimates & forecasts, by application, 2018 - 2030
- 8.4.8.4 India Market estimates & forecasts, by deployment, 2018 - 2030
- 8.4.8.5 India Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.4.9 Singapore
- 8.4.9.1 Singapore Market estimates & forecasts, 2018 - 2030
- 8.4.9.2 Singapore Market estimates & forecasts, by solution, 2018 - 2030
- 8.4.9.3 Singapore Market estimates & forecasts, by application, 2018 - 2030
- 8.4.9.4 Singapore Market estimates & forecasts, by deployment, 2018 - 2030
- 8.4.9.5 Singapore Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.4.10 Australia
- 8.4.10.1 Australia Market estimates & forecasts, 2018 - 2030
- 8.4.10.2 Australia Market estimates & forecasts, by solution, 2018 - 2030
- 8.4.10.3 Australia Market estimates & forecasts, by application, 2018 - 2030
- 8.4.10.4 Australia Market estimates & forecasts, by deployment, 2018 - 2030
- 8.4.10.5 Australia Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.5 Latin America
- 8.5.1 Latin America Market estimates & forecasts, 2018 - 2030
- 8.5.2 Latin America Market estimates & forecasts, by solution, 2018 - 2030
- 8.5.3 Latin America Market estimates & forecasts, by application, 2018 - 2030
- 8.5.4 Latin America Market estimates & forecasts, by deployment, 2018 - 2030
- 8.5.5 Latin America Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.5.6 Brazil
- 8.5.6.1 Brazil Market estimates & forecasts, 2018 - 2030
- 8.5.6.2 Brazil Market estimates & forecasts, by solution, 2018 - 2030
- 8.5.6.3 Brazil Market estimates & forecasts, by application, 2018 - 2030
- 8.5.6.4 Brazil Market estimates & forecasts, by deployment, 2018 - 2030
- 8.5.6.5 Brazil Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.5.7 Mexico
- 8.5.7.1 Mexico Market estimates & forecasts, 2018 - 2030
- 8.5.7.2 Mexico Market estimates & forecasts, by solution, 2018 - 2030
- 8.5.7.3 Mexico Market estimates & forecasts, by application, 2018 - 2030
- 8.5.7.4 Mexico Market estimates & forecasts, by deployment, 2018 - 2030
- 8.5.7.5 Mexico Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.6 MEA
- 8.6.1 MEA Market estimates & forecasts, 2018 - 2030
- 8.6.2 MEA Market estimates & forecasts, by solution, 2018 - 2030
- 8.6.3 MEA Market estimates & forecasts, by application, 2018 - 2030
- 8.6.4 MEA Market estimates & forecasts, by deployment, 2018 - 2030
- 8.6.5 MEA Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.6.6 U.A.E.
- 8.6.6.1 U.A.E. Market estimates & forecasts, 2018 - 2030
- 8.6.6.2 U.A.E. Market estimates & forecasts, by solution, 2018 - 2030
- 8.6.6.3 U.A.E. Market estimates & forecasts, by application, 2018 - 2030
- 8.6.6.4 U.A.E. Market estimates & forecasts, by deployment, 2018 - 2030
- 8.6.6.5 U.A.E. Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.6.7 Saudi Arabia
- 8.6.7.1 Saudi Arabia Market estimates & forecasts, 2018 - 2030
- 8.6.7.2 Saudi Arabia Market estimates & forecasts, by solution, 2018 - 2030
- 8.6.7.3 Saudi Arabia Market estimates & forecasts, by application, 2018 - 2030
- 8.6.7.4 Saudi Arabia Market estimates & forecasts, by deployment, 2018 - 2030
- 8.6.7.5 Saudi Arabia Market estimates & forecasts, by enterprise size, 2018 - 2030
- 8.6.8 South Africa
- 8.6.8.1 South Africa Market estimates & forecasts, 2018 - 2030
- 8.6.8.2 South Africa Market estimates & forecasts, by solution, 2018 - 2030
- 8.6.8.3 South Africa Market estimates & forecasts, by application, 2018 - 2030
- 8.6.8.4 South Africa Market estimates & forecasts, by deployment, 2018 - 2030
- 8.6.8.5 South Africa Market estimates & forecasts, by enterprise size, 2018 - 2030
Chapter 9 Competitive Analysis
- 9.1 Recent Developments and Impact Analysis, by Key Market Participants
- 9.2 Company/Competition Categorization
- 9.3 Vendor Landscape
- 9.3.1 PSA software Market: Key Company Market Ranking/Share Analysis, 2022
Chapter 10 Professional Services Automation Software Key Vendors: Customer Analysis
- 10.1 Autotask Corporation
- 10.1.1 Company overview
- 10.1.2 Financial performance
- 10.1.3 Product benchmarking
- 10.1.4 Strategic initiatives
- 10.2 BMC Software, Inc.
- 10.2.1 Company overview
- 10.2.2 Financial performance
- 10.2.3 Product benchmarking
- 10.2.4 Strategic initiatives
- 10.3 ConnectWise, Inc.
- 10.3.1 Company overview
- 10.3.2 Financial performance
- 10.3.3 Product benchmarking
- 10.3.4 Strategic initiatives
- 10.4 Deltek, Inc.
- 10.4.1 Company overview
- 10.4.2 Financial performance
- 10.4.3 Product benchmarking
- 10.4.4 Strategic initiatives
- 10.5 FinancialForce.com
- 10.5.1 Company overview
- 10.5.2 Financial performance
- 10.5.3 Product benchmarking
- 10.5.4 Strategic initiatives
- 10.6 Kimble Apps
- 10.6.1 Company overview
- 10.6.2 Financial performance
- 10.6.3 Product benchmarking
- 10.6.4 Strategic initiatives
- 10.7 Microsoft Corporation
- 10.7.1 Company overview
- 10.7.2 Financial performance
- 10.7.3 Product benchmarking
- 10.7.4 Strategic initiatives
- 10.8 NetSuite OpenAir, Inc.
- 10.8.1 Company overview
- 10.8.2 Financial performance
- 10.8.3 Product benchmarking
- 10.8.4 Strategic initiatives
- 10.9 Oracle Corporation
- 10.9.1 Company overview
- 10.9.2 Financial performance
- 10.9.3 Product benchmarking
- 10.9.4 Strategic initiatives
- 10.10 Planview
- 10.10.1 Company overview
- 10.10.2 Financial performance
- 10.10.3 Product benchmarking
- 10.10.4 Strategic initiatives