Category: Information and Technology As per a Research, the global online project management software market will likely rise at a CAGR of 9.3% from 2017 to 2025 to attain a value of US$6.08 bn by 2025.
Albany, NY -- (SBWIRE) -- 11/24/2017 -- A new report added to the repository of Market Research Reports Search Engine "Online Project Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" is a comprehensive repository of information, providing market share, size, and forecast.
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Global Online Project Management Software Market: Overview
The online project management software market has witnessed a huge growth in recent past.The market growth of online project management software market is supported by investments in technology, partnership between software vendors and end-users, merger and acquisition activity, and the research and developments initiatives. Lack of appropriate tools and skills to manage the project resources drives the demand for online project management software market to a significant extent. The demand for online project management software is high from first time users of project management software and solutions. The rise of internet usage has been a vital factor in promoting the introduction of internet based software and solutions. The introduction of online software and solutions has made it easier to communicate, deliver products and services, and monitor projects to any part of the world. Digitization has impacted the online project management software significantly. The proliferation of IoT and sharp pick-up in adoption of online project management software has benefitted organizations and its customers extensively. The rise in the use of mobile applications has fueled the growth of remote project management operation business.
Global Online Project Management Software Market: Regional Outlook
Based on geographical regions, the report segments the global online project management software market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America, which are analyzed in terms of revenue generation. The report provides country level revenue for online project management software. The U.S., Canada, the U.K., Germany, France, Italy, India, Japan, China, Australia, GCC, South Africa, Brazil, and Argentina are the countries covered in the report.
North America is expected to lead the online project management software market during the forecast period. Asia Pacific region is expected to witness the highest growth rate of online project management software during the forecast period. The Middle East and Africa is estimated to account for the second highest growth rate in the online project management software market. South America are in the early phases of adoption of online project management software. The online project management software market comprises large number of private and public companies. The growth of online project management software startups was aided by huge venture capital investments during the period from 2013 to 2015. The market is expected to be hit by a huge wave of mergers and acquisitions in the coming years. Large enterprises will account for highest growth rate throughout the forecast period. The larger enterprises and government sectors are estimated to account for the largest and second largest share in terms of revenue in the global online project management software market during the forecast period.
Global Online Project Management Software Market: Scope of Report
This research report provides an in-depth analysis of the global online project management software market based on end-user and geography. The end-user segment consists small and medium-sized enterprises, large enterprises, and government.
The report also provides technology evolution and Porter's Five Forces Analysis for the global online project management software market. The report includes analysis of the factors that drive and restrain the growth of the online project management software market. It discusses the prevailing market trends and prospective growth opportunities in the global project management software market. It provides market estimates and forecasts for all the segments in terms of revenue. Also provided in the report is a competitive landscape analysis of the major players in the project management software market.
Companies Mentioned in Report
Major business strategies adopted by key players, their SWOT analysis, and competition matrix has also been identified in the research report. The key market players profiled in this study include Microsoft Corporation, Oracle Corporation, ServiceNow, Inc., SAP SE, Autodesk, Inc., Unit 4, Aconex Limited, NetSuite Inc., Deltek, Citrix Systems, Inc., Workfront, Inc., Atlassian Corp PLC, Zoho Corporation, Wrike, Inc., Basecamp, LLC, Smartsheet.com, Inc., Mavenlink, and Asana, Inc.
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The global online project management software market is segmented as below:
Global Online Project Management Software Market
Small and medium sized enterprises
Rest of North America
Rest of Europe
Rest of Asia Pacific
Middle East and Africa
Rest of Middle East and Africa
Rest of South America
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