Market Overview:
The global real-time work management software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for real-time work management software from small businesses, medium businesses, and large enterprises across the globe. Additionally, the growing trend of cloud-based deployment is also contributing to the growth of this market. Based on type, the global real-time work management software market can be segmented into web-based and installed segments. The web-based segment is expected to account for a larger share of this market in 2018 owing to its ease of use and low cost of ownership.
Product Definition:
Real-time work management software enables managers and employees to track the progress of ongoing tasks in real time, as they are working on them. This allows for more immediate course corrections and better overall organization. Additionally, it can help to improve communication between team members by providing a common platform for updates and discussion. Real-time work management software is an important tool for businesses that want to be as efficient and productive as possible.
Web-based:
The web-based software is used to integrate the real-time data with enterprise resource planning systems and customer relationship management systems. The growth factor in this market is increasing due to factors such as ease of access from any location, flexibility in terms of accessing the system remotely, and cost effectiveness.
Due to these reasons many organizations are switching from conventional time based work management software to web-based RTWMS.
Installed:
The global installed base for real-time work management software is expected to reach over 1 billion by 2020. The key drivers of the market include increasing demand from end-users and vendors for a better way to manage their IT infrastructure, coupled with the need to reduce costs and improve operational efficiency.
Application Insights:
The small business segment held the largest share of over 60.0% in 2017. The real-time work management software has been gaining traction among SMBs as it helps them to manage their time and resources effectively. Moreover, with the help of RTWMS, a small business can now offer their employees flexible working hours and remote access to critical systems from anywhere in the world without any intervention or approval from local IT staff at headquarters. This is expected to drive demand over the forecast period for SMBs globally.
Medium Businesses are expected to be one of the fastest-growing segments during the forecast period owing to increasing need for real-time communication tools among medium businesses worldwide especially those operating across different timezones and continents.
Regional Analysis:
North America dominated the global real-time work management software market in 2017. The region is expected to maintain its position over the forecast period. This growth can be attributed to various factors such as increasing adoption of technology among small and medium businesses, preference for on-demand solutions, and high availability of skilled workforce in the region. Moreover, presence of major players such as Oracle Corporation; Microsoft Corporation; IBM Corporation; Cisco Systems, Inc.; Hewlett Packard Enterprise Development LP; and Google LLC has contributed to regional market growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing demand from medium enterprises due to rising need for efficient time management tools with advanced features that enable collaboration across different platforms (desktop & laptop, mobile & tablet). Furthermore, growing penetration of internet users coupled with rapid technological advancements will drive regional product demand in near future.
Growth Factors:
- Increasing demand for real-time work management software from small and medium businesses (SMBs) due to the benefits it offers such as improved communication, increased efficiency, and better organization.
- The growing trend of BYOD (Bring Your Own Device) in the workplace, which is driving the demand for real-time work management software that can be used on mobile devices.
- The increasing use of cloud-based solutions among businesses, which is making real-time work management software more accessible and affordable.
- The rising popularity of social media and collaboration tools among businesses, which is helping to drive the adoption of real-time work management software.
- Growing awareness about the benefits of using real-time work management software among businesses, leading to an increase in its adoption rates
Scope Of The Report
Report Attributes
Report Details
Report Title
Real-time Work Management Software Market Research Report
By Type
Web-based, Installed
By Application
Small Business, Medium Business, Large Enterprises
By Companies
Wrike, eg solutions, Toggl, Mavenlink, Scoro, Eworks Manager, StudioCloud, Zoho, Odoo, Oracle, Podio, Avaza, Bitrix24, Neetrix, WORKetc, ProWorkflow, Replicon, Insightly, Clarizen
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Real-time Work Management Software Market Report Segments:
The global Real-time Work Management Software market is segmented on the basis of:
Types
Web-based, Installed
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
Small Business, Medium Business, Large Enterprises
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:
- Wrike
- eg solutions
- Toggl
- Mavenlink
- Scoro
- Eworks Manager
- StudioCloud
- Zoho
- Odoo
- Oracle
- Podio
- Avaza
- Bitrix24
- Neetrix
- WORKetc
- ProWorkflow
- Replicon
- Insightly
- Clarizen
Highlights of The Real-time Work 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:
- Web-based
- Installed
- By Application:
- Small Business
- Medium Business
- Large Enterprises
- 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 Real-time Work 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.
How you may use our products:
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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?
Real-time work management software is a computer program that helps managers keep track of the status of their employees' work and manage their time more effectively. The software can also help managers plan and coordinate work activities, assign tasks to employees, monitor employee performance, and communicate with employees.
Some of the key players operating in the real-time work management software market are Wrike, eg solutions, Toggl, Mavenlink, Scoro, Eworks Manager, StudioCloud, Zoho, Odoo, Oracle, Podio, Avaza, Bitrix24, Neetrix, WORKetc, ProWorkflow, Replicon, Insightly, Clarizen.
The real-time work management software market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Real-time Work 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 Real-time Work Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Real-time Work 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 Real-time Work 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 Real-time Work Management Software Market Size & Forecast, 2018-2028
4.5.1 Real-time Work Management Software Market Size and Y-o-Y Growth
4.5.2 Real-time Work Management Software Market Absolute $ Opportunity
Chapter 5 Global Real-time Work 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 Real-time Work Management Software Market Size Forecast by Type
5.2.1 Web-based
5.2.2 Installed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Real-time Work 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 Real-time Work Management Software Market Size Forecast by Applications
6.2.1 Small Business
6.2.2 Medium Business
6.2.3 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Real-time Work 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 Real-time Work 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 Real-time Work Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Real-time Work 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 Real-time Work Management Software Market Size Forecast by Type
9.6.1 Web-based
9.6.2 Installed
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 Real-time Work Management Software Market Size Forecast by Applications
9.10.1 Small Business
9.10.2 Medium Business
9.10.3 Large Enterprises
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 Real-time Work Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Real-time Work 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 Real-time Work Management Software Market Size Forecast by Type
10.6.1 Web-based
10.6.2 Installed
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 Real-time Work Management Software Market Size Forecast by Applications
10.10.1 Small Business
10.10.2 Medium Business
10.10.3 Large Enterprises
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 Real-time Work Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Real-time Work 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 Real-time Work Management Software Market Size Forecast by Type
11.6.1 Web-based
11.6.2 Installed
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 Real-time Work Management Software Market Size Forecast by Applications
11.10.1 Small Business
11.10.2 Medium Business
11.10.3 Large Enterprises
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 Real-time Work Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Real-time Work 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 Real-time Work Management Software Market Size Forecast by Type
12.6.1 Web-based
12.6.2 Installed
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 Real-time Work Management Software Market Size Forecast by Applications
12.10.1 Small Business
12.10.2 Medium Business
12.10.3 Large Enterprises
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) Real-time Work Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Real-time Work 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) Real-time Work Management Software Market Size Forecast by Type
13.6.1 Web-based
13.6.2 Installed
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) Real-time Work Management Software Market Size Forecast by Applications
13.10.1 Small Business
13.10.2 Medium Business
13.10.3 Large Enterprises
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 Real-time Work Management Software Market: Competitive Dashboard
14.2 Global Real-time Work Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wrike
14.3.2 eg solutions
14.3.3 Toggl
14.3.4 Mavenlink
14.3.5 Scoro
14.3.6 Eworks Manager
14.3.7 StudioCloud
14.3.8 Zoho
14.3.9 Odoo
14.3.10 Oracle
14.3.11 Podio
14.3.12 Avaza
14.3.13 Bitrix24
14.3.14 Neetrix
14.3.15 WORKetc
14.3.16 ProWorkflow
14.3.17 Replicon
14.3.18 Insightly
14.3.19 Clarizen
