The cloud-based Professional Services Automation (PSA) market is expected to grow from $22.4 billion in 2022 to $49.2 billion by 2026, reflecting a 21.7% CAGR. This surge is fueled by digital transformation initiatives, a global shortage of skilled labor, and a shift toward subscription-based business models. Major investment areas include billing, expense management, and project management. Leading markets are the U.S., Japan, and France, with IT, industrials, and communications sectors driving demand.

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