Global PSA Software Market Overview:
Professional services automation software are designed to help professionals and used in various operations such as project management, time tracking, business intelligence and in collaboration tools used by many project teams. These software are mostly used by lawyers, auditors, IT consultants and others. These software ensures proper estimation of planning, managing and it measures the performance of each project throughout its life-cycle.
- Ability to Manage the Projects With Ease
- Helps in Making More Informed Decision
- Lack of Proper knowledge Regrading its Use
- Lack of Optimum Collaboration Among Different Task
- Functional Advancement in PSA Tool
- Rise of Medium and Small Scale Industries in Emerging Countries
- Low Budget of Small and Medium Industries
- Lowering the Cost of Homegrown Solution
Some of the key players profiled in the report are Autotask [United States], ConnectWise [United States], Accelo [United States], Atera [United States], HarmonyPSA [United Kingdom], Tigerpaw Software [United States], Promys [North America], Appirio [United States], ChangePoint [United States], FinancialForce.com [United States], NetSuite OpenAir [United States], Projector PSA [United States], Tenrox [United States], Compuware Corporation [United States], Clarizen [United States] and Deltek [United States]. Additionally, following companies can also be profiled that are part of our coverage like Projector PSA [United States], Microsoft Corporation [United States], Kimble Applications Limited [United Kingdom], Workfront [United States] and MAVENLINK, INC [United States]. Analyst at AMA Research see United States Players to retain maximum share of Global PSA Software market by 2026.
Latest Market Insights:
February 2018 - : HarmonyPSA Announces Full Integration With NinjaRMM. This integration takes the former closer to offering automated MSP (managed service provider) solution in the market. and January 2018 - : ConnectWise acquired HTG, a leading consulting, coaching and peer group organization.
PSA software are subjected to data breach and stringent regulations are in place to protect the same regulatory bodies such as General Data Protection Regulation (EU) and the Privacy Shield (USA). As per GDPR, Controllers of personal data must put in place appropriate technical and organisational measures to implement the data protection principles. Business processes that handle personal data must be designed and built with consideration of the principles and provide safeguards to protect data.
What Can be Explored with the PSA Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global PSA Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in PSA Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global PSA Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in PSA Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Potential Investors, Governments Agencies, PSA Service Providers and Research Institutes.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global PSA Software Market?
The PSA Software market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in PSA Software Market?
Top performing companies in the Global PSA Software market are Autotask [United States], ConnectWise [United States], Accelo [United States], Atera [United States], HarmonyPSA [United Kingdom], Tigerpaw Software [United States], Promys [North America], Appirio [United States], ChangePoint [United States], FinancialForce.com [United States], NetSuite OpenAir [United States], Projector PSA [United States], Tenrox [United States], Compuware Corporation [United States], Clarizen [United States] and Deltek [United States], to name a few.
3. What trending factors would impact PSA Software Market growth most?
"Growing Adoption in Legal and Architectural Firm
" is seen as one of major influencing trends for PSA Software Market during projected period 2020-2026.