Project Management Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment Type (Cloud, On-Premises); Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises); End-user (BFSI, IT and Telecom, Healthcare, Retail, Manufacturing, Government, Others) and Geography
Report Code: TIPRE00012782
| No. of Pages: 150
| Category: Technology, Media and Telecommunications
| Status: Upcoming
Project management software automates task assignments, resource allocation, and tracking for all phases of a project. This software manages work between group members and implements the order in projects. Increasing the use of project management software at a faster speed across industries for efficient management of projects is estimated to drive the growth of the project management software market. The increasing complexity of the operations in the industries and growing deployment of cloud-based solutions due to its flexibility in terms of usage and cost are accelerating the project management software market growth.
The "Global Project Management Software Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the project management software market with detailed market segmentation by deployment type, enterprise size, end-user, and geography. The report provides key statistics on the market status of the leading project management software market players and offers key trends and opportunities in the market.
Based on deployment type, the global project management software market is segmented into cloud and on-premises.
On the basis of enterprise size, the market is segmented into small and medium-sized enterprises and large enterprises.
Based on end-user, the market is segmented into BFSI, IT and telecom, healthcare, retail, manufacturing, government, and others.
MARKET DYNAMICS Drivers:
Project management software helps to manage various tasks such as resource planning, budgeting, time management, and demand management, these enabling users to manage programs from concept to completion collaboratively. It integrates project management and process controls to minimize the minimizing project risks and costs. Thus, the rising adoption of such software among the organizations anticipating the growth of the project management software market.
Further, a rise in demand for business optimization and a need to enhance productivity and improve the quality of the products and services are expected to fuel the demand for the project management software market.
Lack of awareness may hinder the growth of for the project management software market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The project management software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the project management software market in these regions.
IMPACT OF COVID-19 ON PROJECT MANAGEMENT SOFTWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the project management software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from project management software market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the project management software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies