Market Overview:
The global project collaboration software 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 cloud-based project collaboration software and the growing trend of BYOD (Bring Your Own Device). Additionally, the rising adoption of project management tools by small and medium enterprises (SMEs) is also contributing to the growth of this market. However, lack of awareness about these tools among end users may restrain the growth of this market in some regions. On basis on type, cloud-based project collaboration software held a larger share than on-premise in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to various benefits offered by cloud-based solutions such as easy deployment, scalability, and low cost.
Product Definition:
Project Collaboration Software is a type of software that allows team members to collaborate on projects. This type of software can include features such as chat, document sharing, and task management. The importance of project collaboration software is that it allows team members to communicate and collaborate easily and effectively. This can help to improve the quality and speed of the project's completion.
Cloud Based:
Cloud-based solutions are projected to witness significant growth over the forecast period owing to factors such as low cost of implementation, ease of access from any location and high scalability. The shift in trend towards adopting cloud-based solutions is expected to drive market growth over the next six years. Cloud based software provides a platform for enterprises and individuals for collaborating effectively across distance and time barriers by providing real-time communication capabilities.
On-Premise:
On-premise software is a type of cloud computing that involves the use of dedicated hardware and software at the operator's site to run applications instead of using third-party hosted services. On-premise solutions offer benefits such as easy customization, high data security, and low latency compared to their counterparts. However, these solutions are costly due to which there is a shift towards Software as a Service (SaaS) model by many organizations across different industry verticals globally.
Application Insights:
The large enterprises segment dominated the global project collaboration software market in 2017. This is attributed to factors such as high usage of office productivity applications and growing awareness among large organizations about the benefits of project collaboration software. The SMEs segment is expected to witness a lucrative CAGR over the forecast period owing to increasing penetration and adoption of online tools by small businesses for various purposes, including time management, resource planning, client interaction and communication. Furthermore, an increase in number of start-ups has led to increased use of online tools by these companies for various purposes including time management, resource planning and client interaction & communication. As a result, growth rate for SMEs is expected to be higher than that for Large Enterprises during the forecast period.
Regional Analysis:
The North American region dominated the global project collaboration software market in 2017. The growth can be attributed to the presence of a large number of small and medium enterprises (SMEs) in the region, which is expected to grow over time. Additionally, an increase in cloud-based solutions adoption by SMEs is also anticipated to drive regional growth over the forecast period.
Asia Pacific is projected to emerge as one of the fastest-growing regions during the forecast period owing to increasing government initiatives for improving employee engagement and reducing workplace stress levels among employees. This factor along with growing awareness about mental health issues among employees will drive regional demand for project collaboration software over next eight years. Additionally, increasing investments by companies such as IBM Corporation; Microsoft Corporation; Cisco Systems, Inc.; Oracle Corporation; Hewlett Packard Enterprise Development LP; Wistron Corp.; BSSN Networks Inc.
Growth Factors:
- Increasing demand for project collaboration software from small and medium businesses (SMBs) due to the benefits it offers such as improved communication, coordination, and productivity.
- The growing trend of BYOD (Bring Your Own Device) in the workplace, which is driving the demand for cloud-based project collaboration software as it allows employees to access projects from any device or location.
- Rapid adoption of digital transformation initiatives by organizations worldwide, which is resulting in an increased need for project collaboration software that can help manage complex projects and workflows effectively.
- Rising popularity of agile methodology among organizations for managing projects, which requires a collaborative tool that can support quick iterations and changes during the project cycle.
- Growing demand for integrated solutions that offer a single platform to manage all aspects of a project such as planning, execution, tracking progress etc., thereby eliminating the need for multiple tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Project Collaboration Software Market Research Report
By Type
Cloud Based, On-Premise
By Application
Large Enterprises, SMEs
By Companies
Zoho Projects, Mavenlink, Workfront, Nutcache, Projectplace, Viewpoint, Easy Projects, Deskera, Comindware, Trello, Genius Project, JIRA, Asana, Wrike, ZilicuPM, QA Software, Clarizen, Basecamp, Huddle, Kanbanchi
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
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Project Collaboration Software Market Report Segments:
The global Project Collaboration Software 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:
- Zoho Projects
- Mavenlink
- Workfront
- Nutcache
- Projectplace
- Viewpoint
- Easy Projects
- Deskera
- Comindware
- Trello
- Genius Project
- JIRA
- Asana
- Wrike
- ZilicuPM
- QA Software
- Clarizen
- Basecamp
- Huddle
- Kanbanchi
Highlights of The Project Collaboration 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-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 Project Collaboration 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?
Project collaboration software is a type of software that helps people work together on projects. It can be used to manage project files, share documents and ideas, and communicate with team members.
Some of the major companies in the project collaboration software market are Zoho Projects, Mavenlink, Workfront, Nutcache, Projectplace, Viewpoint, Easy Projects, Deskera, Comindware, Trello, Genius Project, JIRA, Asana, Wrike, ZilicuPM, QA Software, Clarizen, Basecamp, Huddle, Kanbanchi.
The project collaboration 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 Project Collaboration 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 Project Collaboration Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Project Collaboration 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 Project Collaboration 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 Project Collaboration Software Market Size & Forecast, 2018-2028
4.5.1 Project Collaboration Software Market Size and Y-o-Y Growth
4.5.2 Project Collaboration Software Market Absolute $ Opportunity
Chapter 5 Global Project Collaboration 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 Project Collaboration Software 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 Project Collaboration 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 Project Collaboration Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Project Collaboration 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 Project Collaboration 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 Project Collaboration Software Analysis and Forecast
9.1 Introduction
9.2 North America Project Collaboration 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 Project Collaboration Software 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 Project Collaboration Software 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 Project Collaboration Software Analysis and Forecast
10.1 Introduction
10.2 Europe Project Collaboration 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 Project Collaboration Software 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 Project Collaboration Software 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 Project Collaboration Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Project Collaboration 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 Project Collaboration Software 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 Project Collaboration Software 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 Project Collaboration Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Project Collaboration 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 Project Collaboration Software 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 Project Collaboration Software 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) Project Collaboration Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Project Collaboration 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) Project Collaboration Software 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) Project Collaboration Software 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 Project Collaboration Software Market: Competitive Dashboard
14.2 Global Project Collaboration Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zoho Projects
14.3.2 Mavenlink
14.3.3 Workfront
14.3.4 Nutcache
14.3.5 Projectplace
14.3.6 Viewpoint
14.3.7 Easy Projects
14.3.8 Deskera
14.3.9 Comindware
14.3.10 Trello
14.3.11 Genius Project
14.3.12 JIRA
14.3.13 Asana
14.3.14 Wrike
14.3.15 ZilicuPM
14.3.16 QA Software
14.3.17 Clarizen
14.3.18 Basecamp
14.3.19 Huddle
14.3.20 Kanbanchi
