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Professional Services Automation Software Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Autotask Corporation, Deltek Inc., FinancialForce.com Inc., Kimble Applications Ltd., Microsoft Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Professional Services Automation Software Market Size, Growth Rate, And Forecast
The global professional services automation market size is expected to grow from $10.34 billion in 2022 to $11.45 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global professional services automation market size is expected to reach $17.14 billion in 2027 at a CAGR of 10.6%.
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Professional Services Automation Software Market Drivers
Increasing demand for professional services automation software from various enterprises such as small and medium-sized enterprises is expected to propel the growth of the professional services automation software market going forward. Professional services automation software is helpful in various businesses, mainly for small and medium-sized enterprises for its ability to streamline and automate key business processes such as resource allocation, time and expense tracking, and project management.
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Professional Services Automation Software Market Segments
• By Type: Project Management, Project Accounting, Time And Expense Management, Project Analytics, Billing And Invoice Management, Resource Management, Contract Management, Opportunity And Lead Management, Other Types
• By Deployment: On-Premise, Cloud
• By Enterprise Size: Large Enterprise, Small And Medium Enterprise
• By Application: Consulting Firms, Technology Companies, Marketing and Communication Firms, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Professional Services Automation Software market.
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Professional Services Automation Software Market Key Players
Major competitors in the Professional Services Automation Software market include Autotask Corporation, Deltek Inc., FinancialForce.com Inc., Kimble Applications Ltd., Microsoft Corporation, NetSuite OpenAir Inc., Oracle Corporation, Planview Inc., BMC Software Inc., ConnectWise Inc
The Business Research Company's "Global Professional Services Automation Software Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Professional Services Automation Software Market Include:
1. Executive Summary
2. Professional Services Automation Software Market Characteristics
3. Professional Services Automation Software Market Trends And Strategies
4. Professional Services Automation Software Market - Macro Economic Scenario
5. Professional Services Automation Software Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Professional Services Automation Software Market
29. Professional Services Automation Software Market Future Outlook and Potential Analysis
30. Appendix
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