Navigating the Professional Service Automation Market Landscape: Size, Share, and Growth Trajectories
Market Overview Global Professional Service Automation Market size and share is currently valued at USD 13.14 billion in 2024 and is anticipated to generate an estimated revenue of USD 37.93 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 11.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Professional Services Automation software is designed to assist service-based organizations in managing client projects efficiently and profitably. PSA platforms offer a suite of tools that encompass project accounting , time and expense tracking, resource management , billing and invoicing, collaboration, and business intelligence. Unlike traditional project management tools, PSA platforms are purpose-built for professional services organizations—like consulting firms , IT service providers, legal practices, marketing agencies, and engineering com...