openPR Logo
Press release

Online Project Management Software Market - Adoption of Project Management Software Solution

According to a new market report published by Transparency Market Research, the global online project management software market is expected to reach a value of US$ 6.68 Bn by 2026 due to the increasing adoption of cloud-based project management solutions. The market is projected to expand at a CAGR of 9.4% during the forecast period from 2018 to 2026. The market in Asia Pacific is anticipated to experience healthy growth followed by Middle East & Africa during the forecast period. Large enterprises segment holds the dominant share in the global online project management software market, due to the increasing adoption of project management solutions across the globe.

Obtain Report Details @ https://www.transparencymarketresearch.com/online-project-management-software-market.html

Despite sluggish growth of the economy in some regions and a confined IT budget, companies are purchasing project management software solutions in order to efficiently manage and optimize their project resources. Online project management software helps in gaining visibility of the market, easily turning strategy into an actionable plan to achieve success. In addition, online project management software helps to access real time dashboards anywhere and anytime.

It also helps the project manager to stay up to date regarding the status of reports and ensure that no last minute details are missed. The rising need for cost management is also one of the factors that is expected to drive the online project management market. Online project management software solutions help in the efficient allocation of resources for a specific job, thereby reducing the overall cost. Enterprises in Americas and Europe operate at much higher costs. Therefore, the adoption of project management software solutions in these regions is continuously growing.

The online project management software market is segmented on the basis of end-user and geography. The end-user segment has been further classified into small and medium sized enterprises, large enterprises, and government. According to the research study, large enterprises are anticipated to experience flourishing growth during the forecast period. This is mainly due to the fact that large enterprises are heavily spending on IT infrastructure and technologies.

Several large enterprises are also laying emphasis on strengthening their market position by acquiring regional or SME’s across the world. This is further expected to increase the number of projects and activities for companies and project managers. In order to manage and control a large number of projects, organizations are focusing on using online project management software in the near future. Additionally, small and medium sized enterprises are also focusing on investing in IT infrastructure and technologies to enhance their businesses and deliver projects effectively and efficiently with reduced project cost and duration.

North America is leading the online project management software market with more than 40% share globally in 2017. This is mainly due to the presence of a large number of enterprises which deploy online project management software. Moreover, the U.S. is the hub for a large number of start-ups and established players of online project management software. In terms of opportunities, Asia Pacific and Middle East & Africa (MEA) regions are expected to witness healthy growth during the forecast period.

Get Sample Copy of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=33272

Investment in project management by organizations and adoption of this software in small and large size enterprises drives the growth of the online project management software market in the Asia Pacific regionThe research study includes profiles of leading companies operating in the global online project management software market. Some of the key players profiled in the market include Microsoft Corporation, Oracle Corporation, ServiceNow, SAP SE, Autodesk Inc., Unit4, Aconex Ltd., NetSuite, Deltek, Inc., Citrix Systems, Inc., Workfront, Inc., Atlassian Corp PLC, Zoho Corporation, Wrike, Inc., Basecamp, LLC, Smartsheet.com, Inc., Mavenlink, Asana, Inc., monday.com Labs Ltd., and Streamline Media Group, Inc.

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Online Project Management Software Market - Adoption of Project Management Software Solution here

News-ID: 1162689 • Views:

More Releases from TransparecnyMarketResearch

Dental Fluoride Treatment Market is predicted to expand at 4.5% CAGR through 2031
Dental Fluoride Treatment Market is predicted to expand at 4.5% CAGR through 203 …
The global Dental Fluoride Treatment Market has been sailing through robust waters, witnessing a valuation of US$ 14.1 billion 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 4.5% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$ 21.0
Outdoor TV Market Poised to Reach US$ 866.6 Million by 2031, Driven by a 9.5% CAGR
Outdoor TV Market Poised to Reach US$ 866.6 Million by 2031, Driven by a 9.5% CA …
The global Outdoor TV Market has been sailing through robust waters, witnessing a valuation of US$ 286.8 million in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 9.5% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$ 866.6
Viscosupplementation Market projected to expand at a CAGR of ~7% from 2019 to 2027
Viscosupplementation Market projected to expand at a CAGR of ~7% from 2019 to 20 …
According to the report, the global viscosupplementation market was valued at ~US$ 2.6 Bn in 2018 and is projected to expand at a CAGR of ~7% from 2019 to 2027. Viscosupplementation can be performed using three primary injection types: single injection, three injections, and five injections. Applications of viscosupplementation injection include knee osteoarthritis, hip osteoarthritis, and hand osteoarthritis. Growth of the global viscosupplementation market can be attributed to rise in
Cardiac Safety Services Market Size, Status, Scope and Growth Prospects 2020 - 2030
Cardiac Safety Services Market Size, Status, Scope and Growth Prospects 2020 - 2 …
Cardiac Safety Services Market: Introduction • Cardiac safety services can be defined as services that deal with supporting and designing clinical trials and other studies required for the monitoring of cardiac safety • Cardiac safety services are focused on monitoring the entire cardiac safety profile across various phases of clinical trials, including Phase I to Phase IV. These studies are done in compliance with FDA, PMDA, EMA, and other regulatory bodies. • Cardiovascular safety assessment services

All 5 Releases


More Releases for Corp

Updated 3D Display Market Size 2021-2030 | Major Players- Sony Corp., Panasonic …
Allied Market Research published a report titled, "3D Display Market: Global Opportunity Analysis and Industry Forecast, 2022-2030." According to the reportThe global 3D display market was valued at $76.50 billion in 2020, and is projected to reach $378.55 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030. The 3D Display Market report offers a current market analysis throughout the forecast timeframe. The research report provides an in-depth
Investment Opportunities in 3D Display Market 2021-2027 for Sony Corp., Panasoni …
Allied Market Research published a new report, titled, "3D Display Market by Type (Volumetric Display, Stereoscopic Display, and HMD), Technology (Digital Light Processing (DLP), Plasma Display Panels (PDP), Organic LEDs (OLED), and LED), Access Methods (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Movie Projectors, HMD, and Others) - Global Opportunity Analysis and Industry Forecast, 2019-2027." The market report provides an all-inclusive analysis of the
Homeland Security Market Outlook - Post COVID-19 Scenario | IBM Corp, Lockheed M …
The homeland security market in Asia-Pacific region is projected to grow at significant rate during the forecast period, owing to increasing number terrorist activities, territorial wars, political unrest, protests, and government inclination towards police modernization in countries including India, Japan, China, and Sri Lanka. North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment
Emerging 3D Display Market to 2027 | Sony Corp., Panasonic Corp., LG Electronics …
3D display provides three dimensional visualization and a sense of depth to the viewer. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense and engineering simulation. It is one of the new developments in the electronic industry as it offers a very immersive 3D viewing experience. Consumer electronics manufacturers (CEMs) are trying to change the user experience by enhancing their product
3D Display Market | Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung El …
A new market research report on the Global 3D Display market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global 3D Display market. The Global 3D Display  analysis is broken down on different segmentation levels including Market By Type, By Technology, By Access Methods, By Application. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense, and engineering simulation. It is one of the
D Television Market 2019: Industry Analysis By Samsung, LG Corp, Sony Corp, Shar …
D Television Market research report gives detailed information of major players like manufacturers, suppliers, distributors, traders, customers, investors and etc. D Television market Report presents a professional and deep analysis on the present state of D Television Market that Includes major types, major applications, Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure,