The PSA software market is estimated to reach USD 12.88 billion by 2022, according to a new report by Grand View Research, Inc. PSA software is used to standardize business processes and provide reports, insights, and control for resources and projects. The value of such systems is to enable critical information to be analyzed and shared across organizations for more insightful and timely decision-making. Increasing advancements in functionalities of the solution are anticipated to boost industry growth over the forecast period. The industry is expected to witness substantial growth owing to increasing demand in the marketing and communication application segment. The market for PSA software is gaining traction in consulting firms with the increasing requirement for resource management.
http://www.grandviewresearch.com/industry-analysis/professional-services-automation-software-market
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