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Recent research: “Global PSA software market” forecast to 2022

This report studies the PSA Software market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyzes the top players in global and major regions, and splits the PSA Software market by product type and applications/end industries.

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The global PSA (professional services automation)) Software market is expected to reach 13.14 billion USD by the end of 2022.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of PSA Software.

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Europe also play important roles in global market, with market size of xx million USD in 2016 and will be xx million USD in 2022, with a CAGR of XX.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

The major players in global market include Autotask, ConnectWise, Accelo, Atera, HarmonyPSA, Tigerpaw Software, Promys, Appirio, ChangePoint, FinancialForce.com, NetSuite OpenAir, Projector PSA, Tenrox, Compuware Corporation, Clarizen and Deltek.

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The professional service automation (PSA) software market is estimated to reach USD 14.39 billion by 2024, according to a new report by Researcher software is used to standardize business processes and provide reports, insights, and control for resources and projects. The value of such systems is to enable critical information to be analyzed and shared across organizations for more insightful and timely decision-making.

Increasing advancements in functionalities of the solution are anticipated to boost industry growth over the next seven years.

Bundled Remote Monitoring & Management (RMM)/PSA is gaining popularity among users. Existing players are adding such solution to its product portfolio either through in-house development or through acquisition of the exiting company.

For instance, Connect wise acquired Labtech in 2010 to offer this bundled solution, similarly Kaseya has acquired Vorex in 2016 and Auto task acquired CentraStage in 2014. The industry is expected to witness tremendous growth owing to increasing demand in the marketing and communication application segment.

The market for PSA software is gaining traction in consulting firms with the increasing requirement for resource management.

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