The Asia Pacific Professional Services Automation Market would witness market growth of 12.7% CAGR during the forecast period (2022-2028).
Business success depends on efficient project management since it makes sure that teams are focused on the right goals. Using an IT PSA program can improve execution and monitoring efficiency by streamlining processes and operations. Professionals may better organize their time and increase their productivity across projects with the help of the essential tools offered by PSA software solutions.
For these solutions to be effortlessly integrated, it is crucial to go through the key components pertinent to organizations that provide professional services. An IT PSA program should offer safe data extraction, storage, and analysis features because they are essential to project success. These features are essential to safeguard confidential project information and to make sure that stakeholder groups can easily share project insights.
In addition, agile project execution requires capabilities like version control, data sharing mapping, access management, and other pertinent characteristics, all of which are essential. Collaboration is essential for successfully completing creative projects, so professional services automation software should include the appropriate capabilities to facilitate communication. For example, to ensure that everyone in the team is on the same page with the project's main goals, use tools like team chat, resource mapping, update tracking, and utilization charts.
The BFSI industry uses services automation extensively since it scales up the automation of transactional processes like processing invoices, data input, reporting, credit collection, cash collection, vendor payment, and many other duties. Numerous Fintech companies are developing blockchain-based accounts re-automation solutions to improve their accounts receivable cycle. For example, Singapore-based FinTech Global Direct recently unveiled a blockchain platform designed to alleviate the difficulties associated with processing international B2B transactions, which takes six days on average. This platform is developed to support a product package that includes payment gateways for alternative currencies, rewards management, and ticketing for tour operators. In Asia Pacific, this is driving the expansion of professional services automation software.
The China market dominated the Asia Pacific Professional Services Automation Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,660.6 million by 2028. The Japan market is estimated to grow a CAGR of 12% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13.4% during (2022 - 2028).
Based on Application, the market is segmented into Technology Companies, Consulting Firms, Marketing & Communication Firms and Others. Based on Deployment, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprise and Small & Medium Enterprise. Based on Solutions, the market is segmented into Project Management, Business Analytics, Timesheet & Expense Management, Resource Management, Billing & Invoice Management and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BMC Software, Inc. (KKR & Co., Inc.), Deltek, Inc. (Roper Technologies, Inc.), Microsoft Corporation, Oracle Corporation, Atlassian Corporation PLC, SAP SE, Projector PSA, Inc. (BigTime Software, Inc.), Planview, Inc. (Changepoint), Datto, Inc. (Autotask) (Kaseya Limited), and Upland Software, Inc. (Tenrox).
Business success depends on efficient project management since it makes sure that teams are focused on the right goals. Using an IT PSA program can improve execution and monitoring efficiency by streamlining processes and operations. Professionals may better organize their time and increase their productivity across projects with the help of the essential tools offered by PSA software solutions.
For these solutions to be effortlessly integrated, it is crucial to go through the key components pertinent to organizations that provide professional services. An IT PSA program should offer safe data extraction, storage, and analysis features because they are essential to project success. These features are essential to safeguard confidential project information and to make sure that stakeholder groups can easily share project insights.
In addition, agile project execution requires capabilities like version control, data sharing mapping, access management, and other pertinent characteristics, all of which are essential. Collaboration is essential for successfully completing creative projects, so professional services automation software should include the appropriate capabilities to facilitate communication. For example, to ensure that everyone in the team is on the same page with the project's main goals, use tools like team chat, resource mapping, update tracking, and utilization charts.
The BFSI industry uses services automation extensively since it scales up the automation of transactional processes like processing invoices, data input, reporting, credit collection, cash collection, vendor payment, and many other duties. Numerous Fintech companies are developing blockchain-based accounts re-automation solutions to improve their accounts receivable cycle. For example, Singapore-based FinTech Global Direct recently unveiled a blockchain platform designed to alleviate the difficulties associated with processing international B2B transactions, which takes six days on average. This platform is developed to support a product package that includes payment gateways for alternative currencies, rewards management, and ticketing for tour operators. In Asia Pacific, this is driving the expansion of professional services automation software.
The China market dominated the Asia Pacific Professional Services Automation Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,660.6 million by 2028. The Japan market is estimated to grow a CAGR of 12% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13.4% during (2022 - 2028).
Based on Application, the market is segmented into Technology Companies, Consulting Firms, Marketing & Communication Firms and Others. Based on Deployment, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprise and Small & Medium Enterprise. Based on Solutions, the market is segmented into Project Management, Business Analytics, Timesheet & Expense Management, Resource Management, Billing & Invoice Management and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BMC Software, Inc. (KKR & Co., Inc.), Deltek, Inc. (Roper Technologies, Inc.), Microsoft Corporation, Oracle Corporation, Atlassian Corporation PLC, SAP SE, Projector PSA, Inc. (BigTime Software, Inc.), Planview, Inc. (Changepoint), Datto, Inc. (Autotask) (Kaseya Limited), and Upland Software, Inc. (Tenrox).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Technology Companies
- Consulting Firms
- Marketing & Communication Firms
- Others
By Deployment
- On-premise
- Cloud
By Enterprise Size
- Large Enterprise
- Small & Medium Enterprise
By Solutions
- Project Management
- Business Analytics
- Timesheet & Expense Management
- Resource Management
- Billing & Invoice Management
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- BMC Software, Inc. (KKR & Co., Inc.)
- Deltek, Inc. (Roper Technologies, Inc.)
- Microsoft Corporation
- Oracle Corporation
- Atlassian Corporation PLC
- SAP SE
- Projector PSA, Inc. (BigTime Software, Inc.)
- Planview, Inc. (Changepoint)
- Datto, Inc. (Autotask) (Kaseya Limited)
- Upland Software, Inc. (Tenrox)
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Professional Services Automation Software Market, by Application
1.4.2 Asia Pacific Professional Services Automation Software Market, by Deployment
1.4.3 Asia Pacific Professional Services Automation Software Market, by Enterprise Size
1.4.4 Asia Pacific Professional Services Automation Software Market, by Solutions
1.4.5 Asia Pacific Professional Services Automation Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Professional Services Automation Software Market by Application
3.1 Asia Pacific Technology Companies Market by Country
3.2 Asia Pacific Consulting Firms Market by Country
3.3 Asia Pacific Marketing & Communication Firms Market by Country
3.4 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Professional Services Automation Software Market by Deployment
4.1 Asia Pacific On-premise Market by Country
4.2 Asia Pacific Cloud Market by Country
Chapter 5. Asia Pacific Professional Services Automation Software Market by Enterprise Size
5.1 Asia Pacific Large Enterprise Market by Country
5.2 Asia Pacific Small & Medium Enterprise Market by Country
Chapter 6. Asia Pacific Professional Services Automation Software Market by Solutions
6.1 Asia Pacific Project Management Market by Country
6.2 Asia Pacific Business Analytics Market by Country
6.3 Asia Pacific Timesheet & Expense Management Market by Country
6.4 Asia Pacific Resource Management Market by Country
6.5 Asia Pacific Billing & Invoice Management Market by Country
6.6 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Professional Services Automation Software Market by Country
7.1 China Professional Services Automation Software Market
7.1.1 China Professional Services Automation Software Market by Application
7.1.2 China Professional Services Automation Software Market by Deployment
7.1.3 China Professional Services Automation Software Market by Enterprise Size
7.1.4 China Professional Services Automation Software Market by Solutions
7.2 Japan Professional Services Automation Software Market
7.2.1 Japan Professional Services Automation Software Market by Application
7.2.2 Japan Professional Services Automation Software Market by Deployment
7.2.3 Japan Professional Services Automation Software Market by Enterprise Size
7.2.4 Japan Professional Services Automation Software Market by Solutions
7.3 India Professional Services Automation Software Market
7.3.1 India Professional Services Automation Software Market by Application
7.3.2 India Professional Services Automation Software Market by Deployment
7.3.3 India Professional Services Automation Software Market by Enterprise Size
7.3.4 India Professional Services Automation Software Market by Solutions
7.4 South Korea Professional Services Automation Software Market
7.4.1 South Korea Professional Services Automation Software Market by Application
7.4.2 South Korea Professional Services Automation Software Market by Deployment
7.4.3 South Korea Professional Services Automation Software Market by Enterprise Size
7.4.4 South Korea Professional Services Automation Software Market by Solutions
7.5 Singapore Professional Services Automation Software Market
7.5.1 Singapore Professional Services Automation Software Market by Application
7.5.2 Singapore Professional Services Automation Software Market by Deployment
7.5.3 Singapore Professional Services Automation Software Market by Enterprise Size
7.5.4 Singapore Professional Services Automation Software Market by Solutions
7.6 Malaysia Professional Services Automation Software Market
7.6.1 Malaysia Professional Services Automation Software Market by Application
7.6.2 Malaysia Professional Services Automation Software Market by Deployment
7.6.3 Malaysia Professional Services Automation Software Market by Enterprise Size
7.6.4 Malaysia Professional Services Automation Software Market by Solutions
7.7 Rest of Asia Pacific Professional Services Automation Software Market
7.7.1 Rest of Asia Pacific Professional Services Automation Software Market by Application
7.7.2 Rest of Asia Pacific Professional Services Automation Software Market by Deployment
7.7.3 Rest of Asia Pacific Professional Services Automation Software Market by Enterprise Size
7.7.4 Rest of Asia Pacific Professional Services Automation Software Market by Solutions
Chapter 8. Company Profiles
8.1 Atlassian Corporation PLC
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 SAP SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Microsoft Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Oracle Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 BMC Software, Inc. (KKR & Co., Inc.)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.6 Deltek, Inc. (Roper Technologies, Inc.)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.7 Upland Software, Inc. (Tenrox)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.8 Projector PSA, Inc. (BigTime Software, Inc.)
8.8.1 Company Overview
8.9 Planview, Inc. (Changepoint)
8.9.1 Company Overview
8.10. Datto, Inc. (Autotask) (Kaseya Limited)
8.10.1 Company Overview
Companies Mentioned
- BMC Software, Inc. (KKR & Co., Inc.)
- Deltek, Inc. (Roper Technologies, Inc.)
- Microsoft Corporation
- Oracle Corporation
- Atlassian Corporation PLC
- SAP SE
- Projector PSA, Inc. (BigTime Software, Inc.)
- Planview, Inc. (Changepoint)
- Datto, Inc. (Autotask) (Kaseya Limited)
- Upland Software, Inc. (Tenrox)
Methodology
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