Project Management Software Market Through strategic analysis, micro and macro market trends and scenarios, pricing analysis, and a holistic assessment of future term market conditions, this market research study maintains the close eye on the main rivals. It is a thorough research focused on primary and secondary drivers, market share, leading segments, and geographical analysis. The Project Management Software Market also analyzes significant players, key collaborations, mergers and acquisitions, as well as current innovation and corporate strategies.
The Project Management Software market was valued at USD 5.37 billion in 2020 and is expected to reach USD 9.81 billion in 2027 and will grow at a CAGR of 10.67% during the forecast period (2022 – 2027).
Top Key Players covered in this report: Oracle Corporation, Microsoft Corporation, SAP SE, Broadcom Inc. (CA Technologies), Basecamp LLC, AEC Software, Workfront Inc., ServiceNow Inc., Unit4 NV, Atlassian Corporation PLC
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Recent Developments:
November 2020 – Codlleo Consulting has launched an exclusive cloud-based Project management App for SMBs named ‘ProjecLeo’. The application is equipped with efficient scheduling and project planning features with collaboration tools for teams. It is also equipped with user-friendly task management and time logs that help automate and streamline critical business processes with the aim of improving operational efficiency.
Key Market Trends:
Digital transformation, tight budgets due to global economic conditions, and the need to provide a growth platform are causing drastic changes in the Oil and Gas industry. The smallest delay can cost an oil and gas or chemical company millions of dollars.
– Projects are increasing in volume, size, and scope, and the need to be scalable has become more critical. Relying on manual processes and decentralized spreadsheets exposes projects to risks and requires sufficient time to avoid errors. The need for accurate forecasts and useful progress reports is essential.
– Oil and Gas organizations are moving towards a more efficient project process by the end of the month. Instead of manually updating information, organizations use project management software for real-time accurate project data to focus more time on data analysis and data entry. . Industry players are focusing on adopting a disciplined approach to capital investment decisions and leveraging digital technologies to achieve higher capital productivity.
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Key aspects of the market are illuminated in the report:
Executive Summary: It covers a summary of the most important studies, Global Project Management Software Market rising rate, moderate events, market trends, drivers and problems as well as macroscopic pointers.
Study Analysis: Covers major companies, important market segments, the scope of products offered in the Global Project Management Software Market, the years measured, and the study points.
Company Profile: Each company in this market sector is analyzed based on its products, value, SWOT analysis, capacity, and other key characteristics.
Production by region: This Global Project Management Software Market report offers data on imports and exports, sales, production and major companies in all the regional markets studied
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