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GLOBAL PROJECT MANAGEMENT SOFTWARE SYSTEMS MARKET TOP KEY PLAYERS ARE MICROSOFT CORPORATION, CITRIX SYSTEMS, INC., WORKFRONT, INC., ATLASSIAN CORP PLC, ZOHO CORPORATION, WRIKE, INC., BASECAMP, LLC, SMARTSHEET.COM, INC., MAVENLINK, ASANA INC, SAP, ORACLE,

01-25-2019 10:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

GLOBAL PROJECT MANAGEMENT SOFTWARE SYSTEMS MARKET TOP KEY

Since the onset of the millennium, the use of project management software systems in enterprises, both small and large has become the norm. Enterprises began to understand the varied benefits like efficiency, lower costs, better scalability and agility of project management software systems and thus the demand for project management software systems grew. The next big problem in front of the enterprises was to find the right fit for the enterprise that suited its requirements. There were many vendors and enterprises took time to figure out their right fit and this proved a challenge early on for the growth of the market.

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Market Dynamics
The lack of proper tools and skills to manage the project was the driver for growth in the early days of the project management software systems. But as adoption of the product grew, the increasing automation of the project management process is driving the growth of the market. Digitization across industries and increased investments in developing and deploying new and improved technologies are some of the factors contributing to the growth of the project management software systems market. The factors hindering the growth of the market are strict rules and policies which are hindering faster implementation of solutions, increasing interoperability issues and lack of comprehensive integration strategy.

Market Segmentation
The Global Project Management Software systems market is segmented into four types on the basis of End-User, Product Type, Application and Geography.
Segmentation by End-User
Small and medium sized enterprises
Large enterprises
Government
Large enterprises contribute the most revenue in this segment. The Large enterprises segment is also expected to post the biggest growth in the near future.

Segmentation by Product Type
SaaS-based
On-Premises
On-Premises systems account for a majority of the revenues in this segment but SaaS-based systems are projected to grow the fastest.
Segmentation by Application
Banking & Financial Services Industry (BFSI)
Construction and Infrastructure
Information & Technology
Healthcare

Others
Construction & Infrastructure, Banking & Financial Services Industry (BFSI) and Information & Technology dominate the market in terms of revenue. Banking & Financial Services Industry (BFSI) is expected to grow at the fastest rate.

Segmentation by Geography
North America
Europe
Asia Pacific
Middle East and Africa
South America
North America and Europe lead the way in revenues in this segment but Asia Pacific is expected to post the biggest growth rate.

Regional/ Geographic Analysis
North America and Europe are mature markets which have led the market since the begining because of early adoption of project management software systems. Asia Pacific is expected to show stellar growth mainly due to the increasing usage of cloud and mobility solutions in the developing nations of Asia like India & Malaysia, and the rising awareness about the advantages of project management software systems among the small and medium sized enterprises.

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Key Players
Some of the major players in this market are Microsoft Corporation, Citrix Systems, Inc., Workfront, Inc., Atlassian Corp PLC, Zoho Corporation, Wrike, Inc., Basecamp, LLC, Smartsheet.com, Inc., Mavenlink, Asana Inc, SAP, Oracle, HP, Podio and GBS Project Management.
Report ContentsRegional AnalysisReport Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us
1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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