Market Overview:
The global agile project management tools market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for agile project management tools from large enterprises and SMEs across different regions. Additionally, the growing trend of cloud-based agile project management tools is also contributing to the growth of this market. However, lack of awareness about agile project management among small businesses may restrain the growth of this market during the forecast period.
Product Definition:
Agile project management tools are software applications that help project managers and team members manage agile projects. They typically include features for tracking tasks, managing releases, collaborating with team members, and reporting progress. The importance of agile project management tools lies in their ability to help teams manage the many complexities of agile projects effectively.
Cloud Based:
Cloud-based project management tools are gaining popularity among small and medium enterprises owing to the benefits such as reduced cost of ownership, ease of access from any location, and real-time collaboration. Cloud based PMT tools offer features such as integrated communication tool (such as e-mail), scheduling & planning, resource management, issue tracking & workflow automation along with visualized reports which help enterprise manage their projects effectively.
On-Premise:
On-premise software solutions are installed and used directly by the end-users at their premises. The on-premise software solutions do not require an internet connection for its operations. On-premise software is developed either by the OEMs (Original Equipment Manufacturers) or through third party vendors under contract development and maintenance program.
Application Insights:
The large enterprises segment held the largest market share in 2017. The segment is expected to continue its dominance over the forecast period. This can be attributed to factors such as presence of a strong IT industry base, presence of major public and private institutions, availability of advanced communication tools and services, and growing emphasis on digitization for improving operational efficiency.
SMEs are projected to hold a significant market share by 2030 owing to increasing penetration of Agile project management tools in small businesses due to their abilityto deliver value quickly while addressing business needs effectively. For instance, according these survey results published by PMI-India: ¢â‚¬Å“In 2016, out of 3 SMEs that adopted Scrum software development framework 2 were from India; however in 2017 this number increased significantly (to 18) with international adoption also rising (by 4).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of Agile project management practices by large enterprises and high awareness among end users regarding available alternatives for Agile PMTLS implementation, such as Kanban, Scrum, and Crystal Methodologies.
Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period owing to presence of a large number of small & medium enterprises (SMEs) in countries such as China and India that adopt Agile projects with greater zeal due to their abilityto deliver working products faster than competitors. Moreover, growing awareness about benefits offered by these project management tools coupled with availabilityof low-cost cloud based solutions will drive demand further over next eight years.
Growth Factors:
- Increased demand for faster and more efficient project management processes across all industries
- Growing popularity of agile methodology as an alternative to traditional waterfall model
- Proliferation of cloud-based agile project management tools that offer low-cost and easy deployment
- Emergence of big data and analytics capabilities in agile project management tools, helping organizations make better decisions based on real-time insights
- Increasing focus on employee productivity and satisfaction, which has led to increased adoption of agile PM tools in enterprises
Scope Of The Report
Report Attributes
Report Details
Report Title
Agile Project Management Tools Market Research Report
By Type
Cloud Based, On-Premise
By Application
Large Enterprises, SMEs
By Companies
Micro Focus, Monday, Wrike, Zoho, Kitovu, MeisterTask, Harmony Business Systems, Project Insight, Smartsheet, Ravetree, Workfront, Workamajig, BVDash, Taskworld, Teambition
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Agile Project Management Tools Market Report Segments:
The global Agile Project Management Tools market is segmented on the basis of:
Types
Cloud Based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Micro Focus
- Monday
- Wrike
- Zoho
- Kitovu
- MeisterTask
- Harmony Business Systems
- Project Insight
- Smartsheet
- Ravetree
- Workfront
- Workamajig
- BVDash
- Taskworld
- Teambition
Highlights of The Agile Project Management Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-Premise
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agile Project Management Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agile project management tools are software programs that help teams manage projects by providing a framework for planning, tracking, and reporting. They help teams to work together more effectively by helping them share information and feedback quickly. Agile project management tools also can help team members to stay organized and make decisions quickly.
Some of the major players in the agile project management tools market are Micro Focus, Monday, Wrike, Zoho, Kitovu, MeisterTask, Harmony Business Systems, Project Insight, Smartsheet, Ravetree, Workfront, Workamajig, BVDash, Taskworld, Teambition.
The agile project management tools market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agile Project Management Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agile Project Management Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agile Project Management Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agile Project Management Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agile Project Management Tools Market Size & Forecast, 2018-2028
4.5.1 Agile Project Management Tools Market Size and Y-o-Y Growth
4.5.2 Agile Project Management Tools Market Absolute $ Opportunity
Chapter 5 Global Agile Project Management Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Agile Project Management Tools Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Agile Project Management Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Agile Project Management Tools Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agile Project Management Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agile Project Management Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Agile Project Management Tools Analysis and Forecast
9.1 Introduction
9.2 North America Agile Project Management Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Agile Project Management Tools Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Agile Project Management Tools Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Agile Project Management Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Agile Project Management Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Agile Project Management Tools Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Agile Project Management Tools Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Agile Project Management Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Agile Project Management Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Agile Project Management Tools Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Agile Project Management Tools Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Agile Project Management Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Agile Project Management Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Agile Project Management Tools Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Agile Project Management Tools Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Agile Project Management Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Agile Project Management Tools Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Agile Project Management Tools Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Agile Project Management Tools Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agile Project Management Tools Market: Competitive Dashboard
14.2 Global Agile Project Management Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Micro Focus
14.3.2 Monday
14.3.3 Wrike
14.3.4 Zoho
14.3.5 Kitovu
14.3.6 MeisterTask
14.3.7 Harmony Business Systems
14.3.8 Project Insight
14.3.9 Smartsheet
14.3.10 Ravetree
14.3.11 Workfront
14.3.12 Workamajig
14.3.13 BVDash
14.3.14 Taskworld
14.3.15 Teambition
