Project Management Software Market Outlook, Growth Factors, Industry Share, and Size By 2032
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Project Management Software Market
Outlook, Growth Factors, Industry Share, Size By 2032 Project management software is a software used in scheduling, planning of a project, allocation of resources, and managing changes. It is a platform where project managers, stakeholders, and users can control their costs, budgets, quality, and documents, and it also serves as a management system. There several tools that are necessary for a project manager to manage and finish his projects on time. The traditional project management tools help these managers controlling the projects concerning scope, cost, and resources. They will be able to trace the critical tasks, resource allocation, and deadlines and thus be in a position to make a timeline and monitor their project phases. Furthermore, working remotely at a much rapid pace is allowed by project management software because it lets the team members automatically communicate and share updates with the team that is involved in that particular project.
According to Straits Research, the global project management software market size was valued at USD 7.36 billion in 2023. It is expected to reach USD 15.06 billion by 2032, growing at a CAGR of 18.48% during the forecast period (2024–2032).
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Project Management Software Market
$15.06
CAGR 18.48%
USD Billion
$7.36
USD Billion
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2023
2032
Project Management Software Market Main Market Players Covered in This Report:
A Summary of the Impact of COVID-
ü Oracle Corporation
19 on this Market:
ü Microsoft Corporation ü SAP SE ü Broadcom Inc. (CA Technologies)
The appearance of COVID-19 has transported the globe to a halt. We understand that this health disaster has brought an unprecedented impact on
ü Basecamp LLC
businesses across industries. However, this too
ü AEC Software
shall pass. Growing support from governments
ü Workfront Inc.
and various companies can benefit in the fight
ü ServiceNow Inc. ü Unit4 NV ü Atlassian Corporation PLC
against this highly transmissible disease. There are some businesses that are struggling and some are thriving. General, almost every sector is anticipated to be stuck by the pandemic
Project Management Software Market The Project Management Software Market has been segmented as below: ü By Enterprise Size •
Large Enterprise
•
Small & Medium Enterprises (SMEs)
ü By End-Use •
Manufacturing
•
BFSI
•
IT & Telecom
•
Healthcare
We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future. Thanks for reading this article; you can also get distinct chapter-wise sections or region-wise report versions like Asia, US, Europe, Africa, etc.
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