Press release
Project Management Software Market to witness growth opportunities worth USD 9.24 Bn by 2029 at a CAGR of 14.93 percent
The global project management software market was valued at USD 3.03 Bn in 2021 and is expected to grow at a CAGR of 14.93 percent from 2021 to 2029, reaching USD 9.24 Bn in 2029, according to a new report by MMR.Project Management Software Market Report Scope and Research Methodology
Project management software is becoming an essential tool for organizing and managing work, as the complexity and size of projects in various industries continue to grow. The software enables users to manage programs from concept to completion collaboratively, integrating project management and process controls to minimize project risks and costs. It also provides processes for managing scope, quality, issues, risk, and schedules.
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The report is based on a research methodology that includes analyzing real numbers and outputs of key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. The year 2020, which was impacted by the COVID-19 pandemic, was analyzed specially with the impact of lockdown by region.
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Project Management Software Market Dynamics
The report highlights that the financial management module is providing managers with a single, real-time view of all financial aspects related to programs, projects, and overall IT portfolios. Additionally, the resource management module provides managers with complete resource analysis, consisting of both operational and strategic activities at every stage in the work lifecycle. By streamlining time collection and improving accuracy across a broad range of work performed, time management modules are helping managers focus on value-added activities.
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Project Management Software Market Regional Insights
The report also provides regional insights into the market. Organizations in North America and Europe are operating at much higher costs, and thus, the adoption of project management software solutions in these regions is significantly growing.
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Project Management Software Market Segmentation
By Deployment Type:
• Cloud
• On-Premises
By Vertical:
• BFSI
• Healthcare
• Retail
• IT & Telecommunication
• Manufacturing
• Government
By End User:
• SME's
• Large Enterprise
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Project Management Software Market Key Competitors include:
• Oracle Corporation
• ServiceNow
• SAP SE
• Autodesk Inc.
• Unit4
• Aconex Ltd.
• Net Suite
• Deltek, Inc.
• Citrix Systems, Inc.
• Workfront, Inc.
• Atlassian Corp PLC
• Zoho Corporation
• Wrike, Inc.
• Basecamp
• Smartsheet.com, Inc.
• Mavenlink
• Asana, Inc.
• Monday.com Labs Ltd.
• Streamline Media Group, Inc
• Broadcom Inc.
• AEC Software
• Whizible Project Management Software
• BVDash
• Zilicus
Table of Content for Project Management Software Market
Global Project Management Software Market: Research Methodology
Global Project Management Software Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Project Management Software Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Project Management Software Market Segmentation
Global Market, by Deployment Type (2021-2029)
Global Market, by Vertical (2021-2029)
Global Market, by End User (2021-2029)
Regional Project Management Software Market (2021-2029)
Regional Market, by Deployment Type (2021-2029)
Regional Market, by Vertical (2021-2029)
Regional Market, by End User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Deployment Type, Vertical and End User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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