The service resource planning (SRP) SaaS solutions market is growing at a promising CAGR and is expected to reach USD 716.52 Million by 2028. Increased digitalization is expected to boost demand for service resource planning (SRP) SaaS solutions growth.
Service resource planning is a cloud-based platform used to execute project-based scheduling as well as service order based scheduling. Service resource planning provides a smooth, consistent and comprehensive platform for organizations to manage the entire client lifecycle.
The development of big data diagnostics tools and AI and cloud services across the healthcare sector increases the demand for service resource planning (SRP) SaaS solutions.
Service resource planning SaaS solutions providers offer end to end solutions for the service industry with integrated functions such as finance and human resources and project management. These solutions enable organizations to optimize their resources in multiple projects.
Containerization, virtualization, edge computing, and other new technologies are progressively being embraced to increase demand for service resource planning (SRP) SaaS solutions. The increasing usage of these technologies is likely to fuel the demand for SaaS services, sales of service resource planning (SRP) SaaS solutions, and open up new service resource planning (SRP) SaaS solutions market possibilities for providers.
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According to Future Market Insights, the service resouce planning (SRP) SaaS solutions market is gaining traction. It enables the organization to integrate project management, resource optimization, project accounting and client management prrocesses.
Additionally, it allows end-users to compare historical data stored on the cloud to understand historical trends. The aforementioned mentioned are the factors encouraging enterprises to deploy resource planning SaaS solutions which in turn is driving the growth of the demand for service resource planning (SRP) SaaS solutions and sales of service resource planning (SRP) SaaS solutions and in all the service resource planning (SRP) SaaS solutions market.
The increased investment made by end-user organizations in cloud-based solutions is likely to fuel the growth of the software as a service (SaaS) industry and demand for service resource planning (SRP) SaaS solutions in the coming years.
The major participants in the software as a service industry are focusing on expanding their investment in order to enhance their product range and, in turn, increase the sales of service resource planning (SRP) SaaS solutions.
The lack of awareness across industries, especially in emerging markets such as India, China, Brazil and Argentina, regarding the benefits of SRP solutions that enhance business operations hampering the growth of the p;service resource planning (SRP) SaaS solutions market.
Additionally, issues related to data privacy and security restrict the growth of p;service resource planning (SRP) SaaS solutions market p;and p;demand for p;service resource planning (SRP) SaaS solutions p;as well as the p;sales of service resource planning (SRP) SaaS solutions p;in the coming years.
The service resource planning (SRP) SaaS solutions market is classified into service, vertical and region.
The service resource planning (SRP) SaaS solutions market can be segmented into consulting service, implementation service and integration service.
The adoption of marketing tools to accelerate the growth of sales of service resource planning (SRP) SaaS solutions in industries such as BFSI and Retail.
The service resource planning (SRP) SaaS solutions market can be segmented into verticals: manufacturing sector, healthcare sector, public sector, BFSI, transportation sector, media and entertainment sector, IT & Telecom sector, retail sector, and energy and utility sector.
BFSI is estimated to hold the major service resource planning (SRP) SaaS solutions market share in service resource planning (SRP) SaaS solutions.
Region-wise, the service resource planning (SRP) SaaS solutions market is segmented into North America, Latin America, Eastern Europe, Western Europe, Japan, Asia Pacific Excluding Japan (APEJ), and the Middle East and Africa (MEA).
At present, North America is dominating the service resource planning (SRP) SaaS solutions market in terms of revenue contribution share, followed by Western Europe in sales of service resource planning (SRP) SaaS solutions.
Among all the regions, APEJ is expected to create a huge market opportunity of demand for service resource planning (SRP) SaaS solutions and sales of service resource planning (SRP) SaaS solutions for major players operating in the service resource planning SaaSsolution market during the forecast period.
Europe is expected to have an escalated demand for service resource planning (SRP) SaaS solutions and grow with a substantial growth rate.
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Key players in the service resource planning (SRP) SaaS solutions market focus on introduction of advanced solutions and services in order to strengthen position in the market.
Some of the major players identified in the service resource planning (SRP) SaaS solutions market are SAP SE, Oracle Corp., Microsoft Corp., Infor US Inc., Epicor software Corp., Lawson Inc., Consona Corp., and Activant group, Inc.
For example, Microsoft introduced Microsoft Dynamics NAV which is a business management solution that helps mid-sized and small businesses to manage their supply chain, financials, and employees with the feature of multiple language and currencies which skyrocekted demand for service resource planning (SRP) SaaS solutions.
Jile 5.0 has been released by Tata Consultancy Services (TCS). It is a new edition of the SaaS-based corporate agile solution. This innovative technology will assist firms in meeting large-scale development requirements across several distant teams which escalated sales of service resource planning (SRP) SaaS solutions.
| Report Attributes | Details |
|---|---|
| Base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Component, Enterprise, Vertical, Region |
| Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled | SAP SE; Oracle Corp.; Microsoft Corp.; Infor US Inc.; Epicor software Corp.; Lawson Inc.; Consona Corp.; Activant group, Inc. |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
According to the research, the service resource planning (SRP) SaaS solutions market would be worth USD 716.52 billion by 2028.
North America is expected to be the most opportunistic in the service resource planning (SRP) SaaS solutions market share.
SAP SE, Oracle Corp., Microsoft Corp., Infor US Inc., Epicor software Corp., Lawson Inc., Consona Corp., and Activant group, Inc. are some prominent service resource planning (SRP) SaaS solutions market players.
| Estimated Size, 2024 | USD 171.4 billion |
|---|---|
| Projected Size, 2034 | USD 621.9 billion |
| Value-based CAGR (2024 to 2034) | 13.7% |
| Estimated Market Value (2023) | USD 58.2 Billion |
|---|---|
| Projected Market Value (2033) | USD 139.4 Billion |
| CAGR (2023 to 2033) | 9.1% |
| Market Value in 2022 | USD 890 Million |
|---|---|
| Market Value in 2032 | USD 1.89 Billion |
| Market CAGR (2022 to 2032) | 7.8% |
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Service Resource Planning (SRP) SaaS Solutions Market
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