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Service Automation Market To Witness Robust Expansion By 2026 With Top Key Players |Autotask Corporation, Microsoft Corporation,NetSuite OpenAir, Inc., Projector PSA, Deltek, Inc., Kimble Apps, SAP SE, Appirio, Inc., and Compuware Corporation
Get More Insights About The Professional Service Automation Market
Professional Service Automation help organizations to develop cogent, coherent plans of action to improve their performance.
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[Access insightful study with over 100+ pages, list of tables & figures, profiling 10+ companies.]
Top leading players in the market include
o Microsoft Corporation
o Autotask Corporation
o Planview, Inc.
o NetSuite OpenAir, Inc.
o Projector PSA
o Deltek, Inc.
o Kimble Apps
o SAP SE
o Appirio, Inc.
o Compuware Corporation
The global professional service automation market is segmented on the basis of deployment model, organization size, end-user, and geography.
Deployment Model
o On-Premise
o Cloud
Organization
o Large Enterprises
o Small and Medium Businesses
End-User
o IT and Telecom
o BFSI
o Media and Entertainment
o Legal Services
o Audit and Accountancy
o Others
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According to a new research published by Polaris Market Research, the worldwide Professional Service Automation market is anticipated to reach around USD 16,407 million by 2026. and is anticipated to grow at a CAGR of 9.6% during the forecast period. In 2019, the on-premise segment dominated the global market, in terms of revenue. In 2019, North America accounted for the majority share in the global Professional Service Automation market.
The growing need to improve business efficiency, along with increasing requirement for scalable and flexible solutions increases the demand for professional service automation. The presence of stiff competition in the market drives organizations towards PSA to gain knowledge about probable future events and make data-driven business decisions to gain edge over competitors. The rising adoption of data analytics, and cloud computing boosts the adoption of Professional Service Automation. Other factors driving the market growth include growing need for enhanced mobility, technological advancements, and growing adoption of cloud computing. New emerging markets, and increasing adoption by small and medium sized businesses would provide growth opportunities for Professional Service Automation market in the coming years.
North America accounted for the highest share in the global professional service automation market. The primary factors driving the Professional Service Automation market growth in the region include established telecommunication industry and cloud infrastructure, rising automation of business processes, technological advancements, and high investment in R&D. The increasing penetration of mobile devices, and rising adoption of cloud computing boost the professional service automation market in North America. The increased cloud deployments, rising adoption of online service delivery, and growing adoption of connected devices and IoT further increase the demand of professional service automation in the region.
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