Market Overview:
The global IT project management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into cloud-based and on-premises. Cloud-based IT project management software are witnessing a higher growth rate as compared to on-premises due to various factors such as easy deployment and upgradation, low cost of ownership, and scalability. On the basis of application, the market is segmented into up to 10 users (100 MB), up to 30 users (1 GB), infinite user (30 GB), infinite user (100 GB), and infinite user (> 100 GB). The demand for cloud-based IT project management software is highest in up to 10 users (< 100 MB) category due its ease of use and affordability by small businesses or start-ups. However, large enterprises are increasingly adopting cloud solutions for their complex projects owing to its scalability benefits.
Product Definition:
IT Project Management Software is used to manage and track the progress of IT projects. It helps ensure that projects are completed on time and within budget, and that all stakeholders are kept informed of project status.
Cloud-based:
Cloud-based project management software is a type of Software as a Service (SaaS) model that provides shared space for documents, photos, and other files; allowing users to access the stored data from any location or device. The SaaS platform does not require an internet connection and can be used anywhere - in offices, homes or while traveling.
On-premises:
On-premises software is a type of software that is installed and used directly as the source code is provided by the developer or vendor. The installation process can be done either on computers present within an organization or on cloud servers that are owned by an organization. On-premises software solutions do not require an internet connection to function hence they provide better data security than web-based solutions.
Application Insights:
The up to 10 users 100 MB application segment dominated the global IT project management software market in 2017. This is attributed to the fact that this segment has been gaining traction among small and medium-sized businesses (SMBs) globally. The infinite user, up to 30 users, and up to 1 GB segments are also expected to witness considerable growth over the forecast period owing to increasing demand from both large enterprises as well as SMBs for managing their projects effectively.
Infinite user space application is projected register a significant CAGR of XX% from 2018to 2030 due primarily on-premises solutions being more economical than their cloud-based counterparts for certain applications in terms of cost savings and operational efficiency. Furthermore, with an increase in storage requirements across various industries such as healthcare, financial services, media & entertainment etc.
Regional Analysis:
The North American region is expected to dominate the global market over the forecast period. The growth can be attributed to increasing government initiatives and investments in infrastructure development, which has led to a rise in IT projects. Furthermore, growing demand for cloud-based IT project management software solutions owing to technological advancements and increased adoption of digital services is anticipated to drive the regional market growth.
Asia Pacific region is projected to grow at a lucrative rate over the forecast period due its developing infrastructure coupled with increasing number of small & medium enterprises (SMEs). These factors are anticipated contribute towards an increase in demand for IT project management software solutions that would help these SMEs manage their business operations more efficiently.
Growth Factors:
- Increased demand for project management software from small and medium businesses (SMBs) due to the growing awareness of the benefits of using such software.
- The increasing trend of outsourcing and offshoring projects, which is driving the demand for project management software as it enables better coordination and communication between different teams located in different parts of the world.
- Rapid technological advancements that are resulting in new and innovative project management software products being launched in the market, thereby providing users with more choices.
- The growing popularity of agile methodology for project management, which requires specific tools that are not available in most standard PM suites, is fueling demand for specialized agile PM toolsets .
- The increasing use of cloud-based solutions among organizations, as this allows them to access their projects from any location or device without having to install any software on their systems
Scope Of The Report
Report Attributes
Report Details
Report Title
IT Project Management Software Market Research Report
By Type
Cloud-based, On-premises
By Application
Up to 10 Users（100 MB）, Up to 30 Users（1 GB）, Infinite User（30 GB）, Infinite User（100 GB）, Infinite User（Infinite Storage Space）
By Companies
Monday, Nulab, Wrike, Clubhouse, Conceptboard, Zoho Sprints, Airfocus, Freshworks, Ganttpro, Bitrix, Meisterlabs, Kitovu, Logic Software, Harmony Business Systems, Asana, Atlassian, Clickup, Workfront, Targetprocess, Favro, Projectmanager, Avaza Software, Proactive Software, Appfluence, Celoxis Technologies, Workotter
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global IT Project Management Software Market Report Segments:
The global IT Project Management Software market is segmented on the basis of:
Types
Cloud-based, On-premises
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
Up to 10 Users（100 MB）, Up to 30 Users（1 GB）, Infinite User（30 GB）, Infinite User（100 GB）, Infinite User（Infinite Storage Space）
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:
- Monday
- Nulab
- Wrike
- Clubhouse
- Conceptboard
- Zoho Sprints
- Airfocus
- Freshworks
- Ganttpro
- Bitrix
- Meisterlabs
- Kitovu
- Logic Software
- Harmony Business Systems
- Asana
- Atlassian
- Clickup
- Workfront
- Targetprocess
- Favro
- Projectmanager
- Avaza Software
- Proactive Software
- Appfluence
- Celoxis Technologies
- Workotter
Highlights of The IT Project Management Software 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-premises
- By Application:
- Up to 10 Users（100 MB）
- Up to 30 Users（1 GB）
- Infinite User（30 GB）
- Infinite User（100 GB）
- Infinite User（Infinite Storage Space）
- 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 IT Project Management Software 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?
IT project management software is a computer application used to manage and monitor projects. It includes features for tracking the progress of a project, managing resources, and communicating with stakeholders.
Some of the key players operating in the it project management software market are Monday, Nulab, Wrike, Clubhouse, Conceptboard, Zoho Sprints, Airfocus, Freshworks, Ganttpro, Bitrix, Meisterlabs, Kitovu, Logic Software, Harmony Business Systems, Asana, Atlassian, Clickup, Workfront, Targetprocess, Favro, Projectmanager, Avaza Software, Proactive Software, Appfluence, Celoxis Technologies, Workotter.
The it project management software 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 IT Project Management Software 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 IT Project Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IT Project Management Software 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 IT Project Management Software 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 IT Project Management Software Market Size & Forecast, 2018-2028
4.5.1 IT Project Management Software Market Size and Y-o-Y Growth
4.5.2 IT Project Management Software Market Absolute $ Opportunity
Chapter 5 Global IT Project Management Software 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 IT Project Management Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IT Project Management Software 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 IT Project Management Software Market Size Forecast by Applications
6.2.1 Up to 10 Users（100 MB）
6.2.2 Up to 30 Users（1 GB）
6.2.3 Infinite User（30 GB）
6.2.4 Infinite User（100 GB）
6.2.5 Infinite User（Infinite Storage Space）
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IT Project Management Software 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 IT Project Management Software 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 IT Project Management Software Analysis and Forecast
9.1 Introduction
9.2 North America IT Project Management Software 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 IT Project Management Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
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 IT Project Management Software Market Size Forecast by Applications
9.10.1 Up to 10 Users（100 MB）
9.10.2 Up to 30 Users（1 GB）
9.10.3 Infinite User（30 GB）
9.10.4 Infinite User（100 GB）
9.10.5 Infinite User（Infinite Storage Space）
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 IT Project Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe IT Project Management Software 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 IT Project Management Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
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 IT Project Management Software Market Size Forecast by Applications
10.10.1 Up to 10 Users（100 MB）
10.10.2 Up to 30 Users（1 GB）
10.10.3 Infinite User（30 GB）
10.10.4 Infinite User（100 GB）
10.10.5 Infinite User（Infinite Storage Space）
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 IT Project Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IT Project Management Software 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 IT Project Management Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
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 IT Project Management Software Market Size Forecast by Applications
11.10.1 Up to 10 Users（100 MB）
11.10.2 Up to 30 Users（1 GB）
11.10.3 Infinite User（30 GB）
11.10.4 Infinite User（100 GB）
11.10.5 Infinite User（Infinite Storage Space）
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 IT Project Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America IT Project Management Software 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 IT Project Management Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
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 IT Project Management Software Market Size Forecast by Applications
12.10.1 Up to 10 Users（100 MB）
12.10.2 Up to 30 Users（1 GB）
12.10.3 Infinite User（30 GB）
12.10.4 Infinite User（100 GB）
12.10.5 Infinite User（Infinite Storage Space）
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) IT Project Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IT Project Management Software 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) IT Project Management Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
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) IT Project Management Software Market Size Forecast by Applications
13.10.1 Up to 10 Users（100 MB）
13.10.2 Up to 30 Users（1 GB）
13.10.3 Infinite User（30 GB）
13.10.4 Infinite User（100 GB）
13.10.5 Infinite User（Infinite Storage Space）
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 IT Project Management Software Market: Competitive Dashboard
14.2 Global IT Project Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Monday
14.3.2 Nulab
14.3.3 Wrike
14.3.4 Clubhouse
14.3.5 Conceptboard
14.3.6 Zoho Sprints
14.3.7 Airfocus
14.3.8 Freshworks
14.3.9 Ganttpro
14.3.10 Bitrix
14.3.11 Meisterlabs
14.3.12 Kitovu
14.3.13 Logic Software
14.3.14 Harmony Business Systems
14.3.15 Asana
14.3.16 Atlassian
14.3.17 Clickup
14.3.18 Workfront
14.3.19 Targetprocess
14.3.20 Favro
14.3.21 Projectmanager
14.3.22 Avaza Software
14.3.23 Proactive Software
14.3.24 Appfluence
14.3.25 Celoxis Technologies
14.3.26 Workotter
