Professional Service Automation Software Market, By Deployment Type (On-premise and Cloud), By Application (Marketing, Technology, Consulting Firm and others) and Geography (North America, Europe, Asia Pacific and Rest of the World) Analysis, Share, Trends, Size, & Forecast from 2014 2025
Report Code: AV395
Industry: Semiconductor and Electronics
Publiced On: 2020-09-01
Pages: 137
Format:
REPORT HIGHLIGHT
The Professional Service Automation Software market was valued at USD 8.06 billion by 2017, growing with 8.1% CAGR during the forecast period, 2019-2025.
Professional service automation (PSA) is the solution used for improving operational visibility and process efficiency of organization services. Core functions of tool typically include automated time & billing, project management capabilities, and resource management. The system also provides powerful reports, dashboards, and key information to the management for informed decisions. It also provides benefits such as project effectiveness, improved forecasting capability, improved customer satisfaction, and reduced revenue leakage.
Small and mid-size enterprises depend on spreadsheets to expense, manage resources and capture time. SMBs are looking for solutions that enable streamline processes and automation. Firms using traditional tools for business purpose such as spreadsheets are anticipated to provide growth opportunities. This solution cuts overall administration expenditure owing to error-prone spreadsheets, costly data re-entry, and fewer manual.
End-use industries with tight profit margins are expected to be the early adopters of PSA solutions. Solution providers also enhance features such as opportunity and project management capabilities to capture multiple deals, project delivery, and resource scheduling. Companies in the industries have added functionalities such as support for a variety of graphical reporting, mobile devices, integration and dashboards with the major social channels to the existing solution to enhance product and gain a competitive edge.
The main components of the PSA system include forecasting & resource planning, time and billing management, lead tracking, expense entry and processing, and financial accounting. The growing popularity of social and digital media marketing is anticipated to drive communication and marketing industry.
Segment Takeaway
On-premise and cloud are two types of deployment method used by industry player. The cloud-based solution has the major market share. On-premise is expected to lose revenue share in the near future to cloud owing to the necessity of low investment cost. Increasing government regulation to safeguard information stored on the cloud is anticipated to hinder its growth.
Regional Takeaway
North America is the key region for this industry owing to the early adoption of software, adoption of internet-enabled devices, and increase in demand to improve process efficiency. The Asia Pacific is expected to show significant growth owing to multinational companies opening regional offices in developing countries with advanced technology to improve efficiency. Developing countries such as India and China are using PSA extensively and are expected to have a positive impact on the revenue of the industry.
Key Vendors Takeaway
Key players in the market are Appirio, Inc., NetSuite OpenAir, ChangePoint, Microsoft Corporation, ConnectWise, Tenrox, FinancialForce.com, and Projector PSA.
Strategic merger and acquisitions are anticipated to be the most effective way for industry players to gain quick access to emerging markets and enhance technological capability. For instance, in December 2015, Upland Software Inc., a provider of cloud-based enterprise work management applications upgraded Tenorox a professional automation service software. It has upgraded its timesheet module; providing user identity to view configured rights and it has improved its mobile application user experience.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY DEPLOYMENT MODE
- On-premise
- Cloud
MARKET, BY APPLICATION
- Marketing
- Technology
- Consulting Firm
- Others
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
TABLE OF CONTENT
1. PROFESSIONAL SERVICE AUTOMATION SOFTWARE MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Deployment Mode
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. PROFESSIONAL SERVICE AUTOMATION SOFTWARE KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. PROFESSIONAL SERVICE AUTOMATION SOFTWARE INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. PROFESSIONAL SERVICE AUTOMATION SOFTWARE MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. PROFESSIONAL SERVICE AUTOMATION SOFTWARE MARKET – BY DEPLOYMENT MODE
6.1. Overview
6.1.1. Segment Share Analysis, By Deployment Mode, 2017 & 2025 (%)
6.2. On-premise
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Cloud
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. PROFESSIONAL SERVICE AUTOMATION SOFTWARE MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2017 & 2025 (%)
7.2. Marketing
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Technology
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Consulting Firm
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Others
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. PROFESSIONAL SERVICE AUTOMATION SOFTWARE MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2017 & 2025 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.2.4. North America Market Size and Forecast, By Deployment Mode, 2014 – 2025 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Deployment Mode, 2014 – 2025 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.3.6. France
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Germany
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. Rest of Europe
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Deployment Mode, 2014 – 2025 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.4.6. China
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.7. India
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.8. Rest of APAC
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Rest of the World
8.5.1. Overview
8.5.2. Key Manufacturers in Rest of the World
8.5.3. Rest of the World Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.5.4. Rest of the World Market Size and Forecast, By Deployment Mode, 2014 – 2025 (US$ Million)
8.5.5. Rest of the World Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.5.6. Latin America
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.7. Middle East and Africa
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. NetSuite OpenAir
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Appirio, Inc.
9.3. ChangePoint
9.4. ConnectWise
9.5. Microsoft Corporation
9.6. FinancialForce.com
9.7. Tenrox
9.8. Projector PSA
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Professional Service Automation Software market: Deployment Mode snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Deployment Mode
TABLE Global Professional Service Automation Software market, by Deployment Mode 2014-2025 (USD Million)
TABLE Professional Service Automation Software market: Application snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Professional Service Automation Software market, by Application 2014-2025 (USD Million)
TABLE Professional Service Automation Software market: regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by region
TABLE Global Professional Service Automation Software market, by region 2014-2025 (USD Million)
TABLE North America Professional Service Automation Software market, by country, 2014-2025 (USD Million)
TABLE North America Professional Service Automation Software market, by Deployment Mode, 2014-2025 (USD Million)
TABLE North America Professional Service Automation Software market, by Application, 2014-2025 (USD Million)
TABLE Europe Professional Service Automation Software market, by country, 2014-2025 (USD Million)
TABLE Europe Professional Service Automation Software market, by Deployment Mode, 2014-2025 (USD Million)
TABLE Europe Professional Service Automation Software market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Professional Service Automation Software market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Professional Service Automation Software market, by Deployment Mode, 2014-2025 (USD Million)
TABLE Asia Pacific Professional Service Automation Software market, by Application, 2014-2025 (USD Million)
TABLE Rest of the World Professional Service Automation Software market, by country, 2014-2025 (USD Million)
TABLE Rest of the World Professional Service Automation Software market, by Deployment Mode, 2014-2025 (USD Million)
TABLE Rest of the World Professional Service Automation Software market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Professional Service Automation Software market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Deployment Mode segment market share analysis, 2017 & 2025
FIGURE Deployment Mode segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE On-premise market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Cloud market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2017 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Marketing market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Technology market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Consulting Firm market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2017 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Professional Service Automation Software market share and leading players, 2018
FIGURE Europe Professional Service Automation Software market share and leading players, 2018
FIGURE Asia Pacific Professional Service Automation Software market share and leading players, 2018
FIGURE Latin America Professional Service Automation Software market share and leading players, 2018
FIGURE Middle East and Africa Professional Service Automation Software market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE U.K. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of Asia Pacific market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the World market share analysis by country, 2018
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
