Press release
Online Project Management Software Market Sales to Rake in Whopping US$ 10.4 Billion in 2032|ActiveCollab LLC, Apptio Inc.
Online Project Management Software Market 2022
As per a study by Persistence Market Research, from US$ 4.6 Billion in 2022 to US$ 10.4 Billion in 2032, the global Online Project Management Software Market is predicted to grow at an 8.5% CAGR from 2022 to 2032.
Get Free Sample Copy@https://www.persistencemarketresearch.com/samples/33076
One of the major key factors such as the rise in remote working is also augmenting the growth of the online project management software market. Since the pandemic outbreak in 2020, remote working has significantly gained traction. Remote working will likely continue for the foreseeable future. This has brought up some interesting challenges for project managers.
According to the Gartner survey of 2020, 74% of companies are planning to shift to remote work post-COVID-19 permanently. Online project management software can be a major benefit in these circumstances. Therefore, it is expected that demand for online project management software will increase during the forecast period. Increasing requirements for large-scale project management is notably driving the online project management software market growth during the forecast period. Another major factor that is fueling the growth of the global online project management software market includes the increasing requirements for large-scale project management.
Moreover, the capability of minimizing project risks and cost has directed small and medium enterprises to adopt the software for optimization of project management. Growing demand for automation of business process management is also expected to fuel the online project management market growth. The customized offering of the industries expected to enhance the demand for project management software in the forthcoming years.
Request For Customization@https://www.persistencemarketresearch.com/request-customization/33076
Key Takeaways from the Market Study
By end user, large enterprises to grow at the fastest CAGR of 9.0% during the forecast period.
North America is expected to grow at a high rate, with a CAGR of 7.7% during the forecast period
The market for the U.S is expected to be worth US$ 1.9 Billion by 2032, with a CAGR of 6.8% over the forecast period.
China is expected to reach US$ 668.2 Million by 2032, growing at a CAGR of 13.0%
India to reach a market size of US$ 723.1 Million by 2032
Japan is expected to have a market size of US$ 697.3 million by 2032, with a CAGR of 13.1% during the research period.
UK to procure US$ 1 billion by 2032, with a CAGR of 7.3% from 2022 to 2032
Competitive Landscape
Major players such as ActiveCollab LLC, Apptio Inc., Asana Inc., Atlassian Corp. Plc., Basecamp LLC, Citrix Systems Inc., Clarizen Inc., LiquidPlanner Inc., Mavenlink Inc., Codleo, SAP, Microsoft Corp., Planbox Inc., Premiere Global Services Inc., ProjectManager.com Inc., Redbooth, Smartsheet Inc., TeamGantt, Teamwork Crew Ltd., Workfront Inc., Wrike Inc., Zoho Corp. Pvt. Ltd., among others are expected to dominate the market share in terms of revenue.
In November 2020, Codleo Consulting launched an exclusive cloud-based project management App for SMBs named 'ProjecLeo'. The application is equipped with powerful scheduling and project planning features with collaboration tools for teams. It is also equipped with user-friendly task management and time logs that help automate and streamline the essential business processes with an aim to enhance operational efficiency.
In July 2020, SAP collaborated with Siemens, through which the former will offer the latter's Teamcenter software as the core foundation for product data management. Siemens will offer SAP Intelligent Asset Management solutions and SAP Portfolio and Project Management applications that are anticipated to maximize business value for customers over the entire product and service lifecycle and enable new collaborative processes between manufacturers and operators.
Buy Now@https://www.persistencemarketresearch.com/checkout/33076
In October 2019, Microsoft Corporation had launched an offering project management software as a pay per month subscription model. The availability of software as per customer choice is expected to enhance productivity and company business across the globe.
Related Reports-
Acupuncture Treatment Market - https://www.persistencemarketresearch.com/market-research/acupuncture-treatment-market.asp
Personal Emergency Response Systems Market - https://www.persistencemarketresearch.com/market-research/personal-emergency-response-systems-market.asp
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About Us :-
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
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 Sales to Rake in Whopping US$ 10.4 Billion in 2032|ActiveCollab LLC, Apptio Inc. here
News-ID: 2662677 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Project
Omega Project Review: Omega Project Honest Review: Omega Project
Omega Project Review: Is Aidan Booth's Course Worth Your Investment?
In the ever-evolving landscape of online business and digital marketing, finding a course that truly delivers on its promises can be a daunting task. One name that frequently pops up in discussions is Aidan Booth, a seasoned entrepreneur known for his innovative approaches to online marketing. His latest venture, The Omega Project, has garnered significant attention. But does it live up…
Merlin Project Version 9: AI-Powered Project Planning
Melle, Germany - December 12, 2024 - To mark its 20th anniversary, ProjectWizards is releasing Merlin Project 9, the latest version of its project management software. The standout feature is an AI assistant that automatically generates project plans from a simple text description. Tasks, phases, dependencies, workloads, milestones, and risks are instantly organized into a Gantt chart.
Quote from Frank Blome, CEO of ProjectWizards:
"We thank everyone who has supported us…
CCECCK Engineering Construction Bahrain Company road project contracting, railwa …
CCECCK Engineering Construction Bahrain Company https://adjustablewholesale.com/ is a leading engineering and construction company based in Bahrain, specialized in a wide range of engineering projects. We have expertise in road project contracting, railway engineering contracting, port project contracting, real estate project contracting, hospital project contracting, cultural center project contracting, shopping mall project contracting, and contracting of public facilities projects.
With over a decade of experience in the industry, we have a proven…
CCECCK Engineering Construction UAE Company road project contracting, railway en …
CCECCK Engineering Construction UAE Company https://oberlodropship.com/ is a leading engineering and construction company based in United Arab Emirates, specialized in a wide range of engineering projects. We have expertise in road project contracting, railway engineering contracting, port project contracting, real estate project contracting, hospital project contracting, cultural center project contracting, shopping mall project contracting, and contracting of public facilities projects.
With over a decade of experience in the industry, we have…
T-PPM Project Management new project dashboards
T-PPM - Project Portfolio Management (https://www.t-ppm.it) is a web solution that allows you to organize, manage and plan projects and the team. T-PPM is simple and intuitive to configure and use. In the new video we have created and published we show all the features and potential of dashboards. The features are available at different levels depending on the profiling role: Project Managers or actor who make up the project…
Engineering Project Consultant | Software Development Project
Pdgindia provide android training in pune India and also provides Corporate training in Android,Web Designing,Website Development,IEEE Project Development.
Project Development Group was set up in 2012 with an aim to establish itself among leading Global Project Providers. On road to the vision, the company has already emerged among India's fastest growing organizations that provide quality projects along with complete project guidance and training. The company motto "Your Destination For Perfection" reflects…
