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Professional Service Automation (PSA) Software Market Size & Analysis 2014 - 2024 - Research and MarketsResearch and Markets has announced the addition of the "Professional Service Automation (PSA) Software Market Size & Analysis By Application (Consulting Firms, Technological Companies, Marketing And Communication, Others), By Deployment (On-Premise, Cloud), By Region, And Segment Forecasts, 2014 - 2024" report to their offering. The professional service automation (PSA) software market is estimated to reach USD 14.39 billion by 2024, according to this new report. PSA 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 devlopment or through acquisition of the exiting company. For instance, Connect wise acquired Labtech in 2010 to offer this bundled solution, similarly Kaseya (News - Alert) 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. Small enterprises have been using spreadsheets for various tasks such as resource and time management. However, as businesses grow, complexity will increase and need for automating these tasks will also rise and the challenge of maintaining business quality, throughput, and effectiveness will grow as well. Small-sized businesses are untapped markets and increasing IT budgets of these enterprises are expected to demand over the forecast period. Projector PSA, ChangePoint, NetSuite (News - Alert) OpenAir, Appirio, Inc., Microsoft Corporation, FinancialForce.com, ConnectWise, and Tenrox are some of the major industry players in this domain. Other key vendors include Compuware Corporation, Autotask Corporation, Oracle (News - Alert), Panview, Clarizen, and Deltek, Inc. Netsuite Open Air PSA software can either be deployed as a standalone system or can also be integrated with existing enterprise solutions such as ERP and CRM. Key Topics Covered: 1 Methodology and Scope 2 Executive Summary 3 PSA Software Industry Outlook 4 PSA Software Application Outlook 5 PSA Software Deployment Outlook 6 PSA Software Regional Outlook 7 Competitive Landscape For more information about this report visit http://www.researchandmarkets.com/research/dnhc5f/professional View source version on businesswire.com: http://www.businesswire.com/news/home/20170125005640/en/ |
