AGILE PROJECT MANAGEMENT SOFTWARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Agile project management is an iterative approach in planning and guiding project processes. This iterative approach is used to manage software development projects that focuse on the continuous releases and incorporating customer feedback with every iteration. Agile project management tools are hence used to carry out the APM (agile project management) process. The agile project management software market has witnessed significant growth globally in 2019-2021 years. Agile methodologies help improve productivity, time to market, budgeting, and quality of project deliverables by enabling continuous planning, monitoring, and alignment between business and technical stakeholders. Growing need among organizations to efficiently manage resources and deliver projects on time even during uncertain market conditions has boosted the adoption of agile project management solutions. Furthermore, rising demand for more flexible, collaborative, and leaner processes is propelling various small, medium, and large enterprises to incorporate agile practices, thereby favoring the market growth. However, integration challenges with existing workflows and difficulty in tracking time spent on particular tasks may hamper the market expansion to an extent.

Market Dynamics

Increasing demand among organizations, technological innovations, and advancements, increasing digitalization, growing adoption of agile project management software tools, and rising awareness among end users are major factors expected to drive growth of the agile project management software market during the forecast period.

For instance, in June 2020 Freshworks Inc. is a cloud-based customer service software company, announced the launch of Freshrelease, a refreshingly simple and intuitive agile project management product that helps teams plan, track, test, and release awesome software, all from one place. Freshworks Inc.’s vision is to be the leading1 product that helps team ship world-class software and to enable teams, large and small, to work in an independent, iterative, goal-driven, and fast environment, like a startup.

Key features of the study

• This report provides in-depth analysis of the global agile project management software market, and provides market size (USD Mn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global agile project management software market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Asana, Inc., Atlassian JIRA, Microsoft Corporation, Monday.com, Pivotal Software, Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The agile project management software market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the agile project management software market.

Market Segmentation

• Global Agile Project Management Software Market, By Deployment Type, 2020 - 2032 (USD Mn)
  • On-premises
  • Cloud-based
• Global Agile Project Management Software Market, By Organization Size, 2020 - 2032 (USD Mn)
  • SMEs
  • Large Enterprises
• Global Agile Project Management Software Market, By Pricing Model, 2020 - 2032 (USD Mn)
  • Subscription-based
  • Perpetual License
• Global Agile Project Management Software Market, By Application Type, 2020 - 2032 (USD Mn)
  • IT and Software Development
  • Construction and Engineering
  • Marketing and Advertising
  • Healthcare and Pharmaceutical
  • Event Planning Companies
  • Manufacturing
  • Others (Banking and Finance, Non-profit and Government Organizations, Retail and E-commerce and Education)
• Global Agile Project Management Software Market, By Region, 2020 - 2032 (USD Mn)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Asana, Inc.
  • Atlassian JIRA
  • Microsoft Corporation
  • Monday.com
  • Pivotal Software, Inc.