Press release
Professional Service Automation Global Market Report 2025: Swift Growth, Efficiency Drivers, and Futuristic Trends
Booming at a CAGR of 10.4% from 2024 to 2025, the professional service automation market is expected to grow remarkably from $1.52 billion to $1.67 billion due to a shift to service-based economy and demand for automation amidst remote work trends.What Is The Projected Market Size Of The Global Professional Service Automation Market And Its Growth Rate?
•The professional service automation market has grown rapidly in recent years. It will grow from $1.52 billion in 2024 to $1.67 billion in 2025 at a compound annual growth rate (CAGR) of 10.4%.
•The professional service automation market size is expected to see rapid growth in the next few years. It will grow to $2.9 billion in 2029 at a compound annual growth rate (CAGR) of 14.7%.
What Is Driving The Growth In The Professional Service Automation Market?
Growing automation across industries is significantly contributing to the growth of the professional service automation market. Automation increases the speed, accuracy, and efficiency of numerous jobs that people previously carried out. Professional service automation creates a single service automation platform out of the frequently disjointed systems and tools for time tracking, project management, resource management, invoice processing, and business information. The rise in robot installations globally, such as the 37% increase seen in Canada in 2023, is another indicator of how automation across industries propels the professional service automation market.
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Who Are the Key Players Driving Professional Service Automation Market Growth?
•Microsoft Corporation
•Kimble Applications
•SAP SE
•Projector PSA
•Changepoint Corporation
•FinancialForce
•Atlassian Corporation PLC
•ConnectWise
•Mavenlink Inc.
•Oracle Corporation
What Are The Key Trends In The Professional Service Automation Market?
•Sustainability and ESG integration
•Integration with CRM and ERP systems
•Workflow automation
•Service lifecycle management
•Customizable and modular solutions
What Are The Segments Of The Global Professional Service Automation Market?
•By Component: Solution, Services
•By Deployment Type: On-Premise, Cloud
•By Organization Size: Small And Medium Enterprises, Large Enterprises
•By End-User: Banking, Financial Services, And Insurance, Retail, Healthcare, Media And Entertainment, Education, IT And Telecom, Government, Legal Services, Audit And Accountancy, Other End-Users
Which Region Leads The Professional Service Automation Market?
North America was the largest region in the professional service automation market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. Other regions covered in the professional service automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Professional Service Automation Global Market Report?
- Market Size Analysis: Analyze the Professional Service Automation size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Professional Service Automation Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Professional Service Automation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Professional Service Automation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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