Future growth of Professional Services Automation Market with key players Autotask Corporation, Changepoint Corporation, Financial Force, Microsoft, Atlassian, Connect Wise and Others.

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The Professional Services Automation Market size is expected to grow from US$ 716.5 Million in 2017 to US$ 1,244.8 Million by 2022, at an estimated Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. This report spread across 135 Pages, Profiling 13 Companies and Supported with 67 Tables and 31 Figures is now available in this market research.

Most Popular Companies in the Professional Services Automation Market include are Autotask Corporation (US), Changepoint Corporation (US), Financial Force (US), Microsoft (US), Atlassian (Australia), Connect Wise (US), Kimble Applications (UK), Mavenlink, Inc. (US), Oracle (US), SAP (Germany), Upland Software (US), Projector PSA (US), Project Open Business Solutions S.L (Spain), Kaseya Limited (US).

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“Project Management solution is expected to hold the major market size during the forecast period.”
The Project Management solution enables clients to engage with project throughout its lifecycle. It manages every aspect of project from start to completion of a project including budgets, costing, approvals, scheduling, deliverables management, issue tracking, and revenue management. It facilitates organizations with a capability to monitor real-time status of a project.

“Information Technology vertical is expected to hold the major market size during the forecast period.”
IT Enterprises are engaged in various activities such as software development, testing, on-site management, and client support. The IT vertical includes software vendors, system integrators, and IT service providers. IT service providers offer various IT services, such as data processing, hosting, IT consulting, and related services. The IT vertical is the largest revenue contributor to the global Professional Services Automation market, owing to the evolution of various platforms and mobile devices across all regions that trigger huge volumes of data generated by both internal and external sources.

“North America is expected to hold the largest market size during the forecast period.”
North America is the largest revenue contributor to the Professional Services Automation market, as the region is an early adopter of cloud technology and has advanced IT infrastructure facilities as well. North America, especially the US and Canada, are expected to implement Professional Services Automation solutions to simplify and automate business processes. Organizations in North America are dealing with a major concern of an aging workforce, which has been addressed through an effective implementation of Professional Services Automation.

Breakdown of Primary Participants’ Profile:
• By Company type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 35%, Director level – 25%, and Others – 40%
• By Region: North America – 48%, Europe – 22%, APAC – 22%, Latin America –4%, and MEA–4%

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Objectives:
The Main Objective of this report is to define, describe, and forecast the market on the basis of segments which include component, deployment type, organization size, vertical, and region. The report provides a detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report forecasts the market size with respect to 5 main geographic regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report profiles key players and comprehensively analyzes their core competencies.

Target Audience for Professional Services Automation Market : Professional Services Automation vendors, Project management solution providers, Resource management solution providers, Analytics vendors, Project accounting solution providers, Value-added resellers.

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