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Project Management Software Comprehensive Study by Type (Project Planning Software, Project Tracking Software, Task Management Software, Project Portfolio Management Software, Workflow Management Software), Application (Construction Industry, Finance and Insurance Services, Healthcare and Hospital Management, Law and Consulting services, Energy and Utility Services, Others), Methodologies (Agile, Waterfall, Lean, Scrum, Kanban), Platform (Cloud, On-Premises), Organization size (Small and Medium Organizations, Large Organizations) Players and Region - Global Market Outlook to 2028
Project Management Software Market by XX Submarkets | Forecast Years 2023-2028
What is Project Management Software Market?
Project Management is used for application such as planning, scheduling, resource allocation and perform changes according to projects. it is required in all kind of industries such as construction industry, engineering industry, information technology, finance and insurance services, healthcare and, hospital management, marketing industry, among others. With the addition of software technology these whole process can be done in fast and accurate manner that’s why many industries accepting the project management software in there organization. According to its requirement and different industries and others category project management software classifies into different type such as project planning software, project tracking software, task management software, project portfolio management software, among others. Owing to increase in demand of project management software due to high complexity of project and need of better coordination and communication, project management software market is expected to grow at a significant rate during the forecast period.
Highlights from Project Management Software Market Study
| Attributes | Details |
|---|---|
| Study Period | 2018-2028 |
| Base Year | 2022 |
| High Growth Market | Asia Pacific |
| Unit | Value (USD N) |
| Key Companies Profiled | Microsoft Corporation (United States), Asana Inc. (United States), Monday.com (Israel), SAP SA (Germany), ClickUp (United States), Wrike, Inc. (United States), Oracle Corporation (United States), Trello Enterprises (United States), Basecamp (United States), teamwork,com (Ireland), Zoho Corporation Pvt Ltd (India), ServiceNow (United States), Broadcom Inc. (United States) and Quickbase (United States) |
The Project Management Software market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and are offering competitive prices to gain a high market share and establish their position in the market. Further, companies are focusing on developing innovative products and solutions such as Artificial intelligence and automation to improve quality and enhance and promote performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help maintain their competitive edge Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Project Management Software market throughout the forecasted period.
Microsoft Corporation (United States), Asana Inc. (United States), Monday.com (Israel), SAP SA (Germany), ClickUp (United States), Wrike, Inc. (United States), Oracle Corporation (United States), Trello Enterprises (United States), Basecamp (United States), teamwork,com (Ireland), Zoho Corporation Pvt Ltd (India), ServiceNow (United States), Broadcom Inc. (United States) and Quickbase (United States) are some of the key players profiled in the study.
Project Management Software Market Segmentation:
| Scope | Sub-Segments |
|---|---|
| Application / End User | Construction Industry, Finance and Insurance Services, Healthcare and Hospital Management, Law and Consulting services, Energy and Utility Services and Others |
| Type | Project Planning Software, Project Tracking Software, Task Management Software, Project Portfolio Management Software and Workflow Management Software |
| Methodologies | Agile,Waterfall,Lean,Scrum,Kanban |
| Platform | Cloud,On-Premises |
| Organization size | Small and Medium Organizations,Large Organizations |
On the basis of geography, the market of Project Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Project Management Software Equipped With Data Analytics for Data-Driven Project Management and Growing inclination towards Cloud Computing Solutions in Project Management SoftwareMarket Growth Drivers:
Increasing Demand of Project Management Software Due To High Complexity of Project and Need of Better Coordination and Communication, Rising Demand for Project Management Software for Remote Work and Virtual Tasks and Growing Demand of Better Budget and Time ManagementChallenges:
Increasing Incidence of Malfunctioning In Cybersecurity and Fast Changing TechnologyRestraints:
Lack of Skilled Workforce and High Cost of UpgradationOpportunities:
Rising Demand for Project Management Software with Artificial Intelligence and Automation and Sudden Project CancellationKey Target Audience
Project Management Software provider, Project Management Software designer, Government Bodies, Regulatory Bodies, Potential Investors, Research and Development Institutes, End Users and OthersMarket Leaders & Development Strategies
In October 2022, ServiceNow acquired Era Software Company. Era developed observability and log management software which is used in IT and security organizations to manage, store and analyse their data. This acquisition help ServiceNow to expand their presence in management software marketIn October 2019, Microsoft Corporation launched all new version of project management software known as Microsoft project. This software is specifically designed particularly for the collaboration of project more efficiently. This software is customizable to users according to their projects. With this launch Microsoft expand its presence in project management software market.
Report Objectives / Segmentation Covered
By Type
- Project Planning Software
- Project Tracking Software
- Task Management Software
- Project Portfolio Management Software
- Workflow Management Software
By Application
- Construction Industry
- Finance and Insurance Services
- Healthcare and Hospital Management
- Law and Consulting services
- Energy and Utility Services
- Others
By Methodologies
- Agile
- Waterfall
- Lean
- Scrum
- Kanban
By Platform
- Cloud
- On-Premises
By Organization size
- Small and Medium Organizations
- Large Organizations
By Regions
- South America
- Brazil
- Argentina
- Rest of South America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- Italy
- United Kingdom
- Netherlands
- Rest of Europe
- MEA
- Middle East
- Africa
- North America
- United States
- Canada
- Mexico
- 1. Market Overview
- 1.1. Introduction
- 1.2. Scope/Objective of the Study
- 1.2.1. Research Objective
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand of Project Management Software Due To High Complexity of Project and Need of Better Coordination and Communication
- 3.2.2. Rising Demand for Project Management Software for Remote Work and Virtual Tasks
- 3.2.3. Growing Demand of Better Budget and Time Management
- 3.3. Market Challenges
- 3.3.1. Increasing Incidence of Malfunctioning In Cybersecurity
- 3.3.2. Fast Changing Technology
- 3.4. Market Trends
- 3.4.1. Increasing Demand for Project Management Software Equipped With Data Analytics for Data-Driven Project Management
- 3.4.2. Growing inclination towards Cloud Computing Solutions in Project Management Software
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Project Management Software, by Type, Application, Methodologies, Platform, Organization size and Region (value) (2017-2022)
- 5.1. Introduction
- 6. Project Management Software: Manufacturers/Players Analysis
- 6.1. Competitive Landscape
- 6.1.1. Market Share Analysis
- 6.1.1.1. Top 3
- 6.1.1.2. Top 5
- 6.1.1. Market Share Analysis
- 6.2. Peer Group Analysis (2022)
- 6.3. BCG Matrix
- 6.4. Company Profile
- 6.4.1. Microsoft Corporation (United States)
- 6.4.1.1. Business Overview
- 6.4.1.2. Products/Services Offerings
- 6.4.1.3. Financial Analysis
- 6.4.1.4. SWOT Analysis
- 6.4.2. Asana Inc. (United States)
- 6.4.2.1. Business Overview
- 6.4.2.2. Products/Services Offerings
- 6.4.2.3. Financial Analysis
- 6.4.2.4. SWOT Analysis
- 6.4.3. Monday.com (Israel)
- 6.4.3.1. Business Overview
- 6.4.3.2. Products/Services Offerings
- 6.4.3.3. Financial Analysis
- 6.4.3.4. SWOT Analysis
- 6.4.4. SAP SA (Germany)
- 6.4.4.1. Business Overview
- 6.4.4.2. Products/Services Offerings
- 6.4.4.3. Financial Analysis
- 6.4.4.4. SWOT Analysis
- 6.4.5. ClickUp (United States)
- 6.4.5.1. Business Overview
- 6.4.5.2. Products/Services Offerings
- 6.4.5.3. Financial Analysis
- 6.4.5.4. SWOT Analysis
- 6.4.6. Wrike, Inc. (United States)
- 6.4.6.1. Business Overview
- 6.4.6.2. Products/Services Offerings
- 6.4.6.3. Financial Analysis
- 6.4.6.4. SWOT Analysis
- 6.4.7. Oracle Corporation (United States)
- 6.4.7.1. Business Overview
- 6.4.7.2. Products/Services Offerings
- 6.4.7.3. Financial Analysis
- 6.4.7.4. SWOT Analysis
- 6.4.8. Trello Enterprises (United States)
- 6.4.8.1. Business Overview
- 6.4.8.2. Products/Services Offerings
- 6.4.8.3. Financial Analysis
- 6.4.8.4. SWOT Analysis
- 6.4.9. Basecamp (United States)
- 6.4.9.1. Business Overview
- 6.4.9.2. Products/Services Offerings
- 6.4.9.3. Financial Analysis
- 6.4.9.4. SWOT Analysis
- 6.4.10. Teamwork,com (Ireland)
- 6.4.10.1. Business Overview
- 6.4.10.2. Products/Services Offerings
- 6.4.10.3. Financial Analysis
- 6.4.10.4. SWOT Analysis
- 6.4.11. Zoho Corporation Pvt Ltd (India)
- 6.4.11.1. Business Overview
- 6.4.11.2. Products/Services Offerings
- 6.4.11.3. Financial Analysis
- 6.4.11.4. SWOT Analysis
- 6.4.12. ServiceNow (United States)
- 6.4.12.1. Business Overview
- 6.4.12.2. Products/Services Offerings
- 6.4.12.3. Financial Analysis
- 6.4.12.4. SWOT Analysis
- 6.4.13. Broadcom Inc. (United States)
- 6.4.13.1. Business Overview
- 6.4.13.2. Products/Services Offerings
- 6.4.13.3. Financial Analysis
- 6.4.13.4. SWOT Analysis
- 6.4.14. Quickbase (United States)
- 6.4.14.1. Business Overview
- 6.4.14.2. Products/Services Offerings
- 6.4.14.3. Financial Analysis
- 6.4.14.4. SWOT Analysis
- 6.4.1. Microsoft Corporation (United States)
- 6.1. Competitive Landscape
- 7. Global Project Management Software Sale, by Type, Application, Methodologies, Platform, Organization size and Region (value) (2023-2028)
- 7.1. Introduction
- 8. Appendix
- 8.1. Acronyms
- 9. Methodology and Data Source
- 9.1. Methodology/Research Approach
- 9.1.1. Research Programs/Design
- 9.1.2. Market Size Estimation
- 9.1.3. Market Breakdown and Data Triangulation
- 9.2. Data Source
- 9.2.1. Secondary Sources
- 9.2.2. Primary Sources
- 9.3. Disclaimer
- 9.1. Methodology/Research Approach
List of Tables
- Table 1. Company Basic Information, Sales Area and Its Competitors
- Table 2. Company Basic Information, Sales Area and Its Competitors
- Table 3. Company Basic Information, Sales Area and Its Competitors
- Table 4. Company Basic Information, Sales Area and Its Competitors
- Table 5. Company Basic Information, Sales Area and Its Competitors
- Table 6. Company Basic Information, Sales Area and Its Competitors
- Table 7. Company Basic Information, Sales Area and Its Competitors
- Table 8. Company Basic Information, Sales Area and Its Competitors
- Table 9. Company Basic Information, Sales Area and Its Competitors
- Table 10. Company Basic Information, Sales Area and Its Competitors
- Table 11. Company Basic Information, Sales Area and Its Competitors
- Table 12. Company Basic Information, Sales Area and Its Competitors
- Table 13. Company Basic Information, Sales Area and Its Competitors
- Table 14. Company Basic Information, Sales Area and Its Competitors
- Table 15. Research Programs/Design for This Report
- Table 16. Key Data Information from Secondary Sources
- Table 17. Key Data Information from Primary Sources
List of Figures
- Figure 1. Porters Five Forces
- Figure 2. Supply/Value Chain
- Figure 3. PESTEL analysis
- Figure 4. Global Project Management Software share by Players 2022 (%)
- Figure 5. Global Project Management Software share by Players (Top 3) 2022(%)
- Figure 6. Global Project Management Software share by Players (Top 5) 2022(%)
- Figure 7. BCG Matrix for key Companies
- Figure 8. Microsoft Corporation (United States) Revenue, Net Income and Gross profit
- Figure 9. Microsoft Corporation (United States) Revenue: by Geography 2022
- Figure 10. Asana Inc. (United States) Revenue, Net Income and Gross profit
- Figure 11. Asana Inc. (United States) Revenue: by Geography 2022
- Figure 12. Monday.com (Israel) Revenue, Net Income and Gross profit
- Figure 13. Monday.com (Israel) Revenue: by Geography 2022
- Figure 14. SAP SA (Germany) Revenue, Net Income and Gross profit
- Figure 15. SAP SA (Germany) Revenue: by Geography 2022
- Figure 16. ClickUp (United States) Revenue, Net Income and Gross profit
- Figure 17. ClickUp (United States) Revenue: by Geography 2022
- Figure 18. Wrike, Inc. (United States) Revenue, Net Income and Gross profit
- Figure 19. Wrike, Inc. (United States) Revenue: by Geography 2022
- Figure 20. Oracle Corporation (United States) Revenue, Net Income and Gross profit
- Figure 21. Oracle Corporation (United States) Revenue: by Geography 2022
- Figure 22. Trello Enterprises (United States) Revenue, Net Income and Gross profit
- Figure 23. Trello Enterprises (United States) Revenue: by Geography 2022
- Figure 24. Basecamp (United States) Revenue, Net Income and Gross profit
- Figure 25. Basecamp (United States) Revenue: by Geography 2022
- Figure 26. Teamwork,com (Ireland) Revenue, Net Income and Gross profit
- Figure 27. Teamwork,com (Ireland) Revenue: by Geography 2022
- Figure 28. Zoho Corporation Pvt Ltd (India) Revenue, Net Income and Gross profit
- Figure 29. Zoho Corporation Pvt Ltd (India) Revenue: by Geography 2022
- Figure 30. ServiceNow (United States) Revenue, Net Income and Gross profit
- Figure 31. ServiceNow (United States) Revenue: by Geography 2022
- Figure 32. Broadcom Inc. (United States) Revenue, Net Income and Gross profit
- Figure 33. Broadcom Inc. (United States) Revenue: by Geography 2022
- Figure 34. Quickbase (United States) Revenue, Net Income and Gross profit
- Figure 35. Quickbase (United States) Revenue: by Geography 2022
List of companies from research coverage that are profiled in the study
- Microsoft Corporation (United States)
- Asana Inc. (United States)
- Monday.com (Israel)
- SAP SA (Germany)
- ClickUp (United States)
- Wrike, Inc. (United States)
- Oracle Corporation (United States)
- Trello Enterprises (United States)
- Basecamp (United States)
- teamwork,com (Ireland)
- Zoho Corporation Pvt Ltd (India)
- ServiceNow (United States)
- Broadcom Inc. (United States)
- Quickbase (United States)
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Key Highlights of Report
Apr 2023
202 Pages
77 Tables
Base Year: 2022
Coverage: 15+ Companies; 18 Countries
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Frequently Asked Questions (FAQ):
"Increasing Demand of Project Management Software Due To High Complexity of Project and Need of Better Coordination and Communication
" is seen as one of major growth factors of Project Management Software Market in years to come.
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
The Project Management Software market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete of companies available in our research coverage.