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North America AI in Project Management Market Size, Share & Industry Trends Analysis Report by Application, Vertical, Deployment Mode, Organization Size, Component, Country and Growth Forecast, 2022-2028

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    Report

  • 126 Pages
  • March 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5778600
The North America AI in Project Management Market should witness market growth of 16.6% CAGR during the forecast period (2022-2028).

Project managers can benefit from AI's useful pattern-monitoring capabilities. According to studies, administrative duties like maintaining updates and dealing with check-ins take up more than half the time project managers allot to them. With existing solutions lowering time spent on tedious work in half, AI bots can step up and do these less demanding duties for the project manager. This huge time saver enables project managers to concentrate more on the intricate procedures that support their management approach. Furthermore, it gives a chance to focus more on the staff, which can help managers empower them and increase efficiency.

The automation of risk management is one of the most advanced areas of project management. New tools employ big data and machine learning to aid executives and project managers in foreseeing hazards that could otherwise go undiscovered. These tools can already suggest risk-reducing measures, and soon they can modify plans autonomously to avoid particular dangers. Similar strategies will soon make project description, planning, and reporting easier. These activities now require much time, repetition, and manual labor. Natural language processing, machine learning, and plain text production will result in successful endeavors.

The US has also launched a multi-stakeholder initiative called the 'Global Partnership on Artificial Intelligence'(GPAI), which brings together expert opinions while preserving individual freedom. In addition, many organizations, notably the Office of the Under Secretary of State for Economic Development, Energy, and the Environment, support US scientific and technological businesses through international AI R&Dalliances. These government initiatives will encourage individuals to invest more in R&Dfor artificial intelligence (AI)projects, increasing demandfor such products. This will tremendously aid in expanding regional AI in project management market in the coming years.

The US market dominated the North America AI in Project Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,550 million by 2028. The Canada market is poised to grow at witness a CAGR of 19.3% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 18.2% during (2022-2028).

Based on Application, the market is segmented into Project Data Management, Project Scheduling & Budgeting, Project Monitoring, Support & Administration, Resource Allocation, Planning & Forecasting, Risk Management, Data Analytics, Reporting & Visualization and Others. Based on Vertical, the market is segmented into Telecom, IT & ITeS, Construction & Engineering, Government & Defense, BFSI, Healthcare & Life Sciences, Retail & eCommerce, Energy & Utilities, Manufacturing and Others. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Component, the market is segmented into Solution (Predictive Analytics, Robotic Process Automation, Speech Recognition and Chatbots & Intelligent Virtual Assistant) and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Hitachi, Ltd. (Hitachi Energy Ltd.), Oracle Corporation, Adobe, Inc., Microsoft Corporation, ServiceNow, Inc., Atlassian Corporation PLC, PMaspire Singapore PTE Ltd., ALICE Technologies, Inc. and Aitheon.

Scope of the Study

By Application

  • Project Data Management, Project Scheduling & Budgeting
  • Project Monitoring, Support & Administration
  • Resource Allocation, Planning & Forecasting
  • Risk Management
  • Data Analytics, Reporting & Visualization
  • Others

By Vertical

  • Telecom, IT & ITeS
  • Construction & Engineering
  • Government & Defense
  • BFSI
  • Healthcare & Life Sciences
  • Retail & eCommerce
  • Energy & Utilities
  • Manufacturing
  • Others

By Deployment Mode

  • On-premise
  • Cloud

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises

By Component

  • Solution
    • Predictive Analytics
    • Robotic Process Automation
    • Speech Recognition
    • Chatbots & Intelligent Virtual Assistant
  • Services

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • IBM Corporation
  • Hitachi, Ltd. (Hitachi Energy Ltd.)
  • Oracle Corporation
  • Adobe, Inc.
  • Microsoft Corporation
  • ServiceNow, Inc.
  • Atlassian Corporation PLC
  • PMaspire Singapore PTE Ltd.
  • ALICE Technologies, Inc.
  • Aitheon

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI in Project Management Market, by Application
1.4.2 North America AI in Project Management Market, by Vertical
1.4.3 North America AI in Project Management Market, by Deployment Mode
1.4.4 North America AI in Project Management Market, by Organization Size
1.4.5 North America AI in Project Management Market, by Component
1.4.6 North America AI in Project Management Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
3.2 Strategies deployed in AI in Project Management Market
Chapter 4. North America AI in Project Management Market by Application
4.1 North America Project Data Management, Project Scheduling & Budgeting Market by Country
4.2 North America Project Monitoring, Support & Administration Market by Country
4.3 North America Resource Allocation, Planning & Forecasting Market by Country
4.4 North America Risk Management Market by Country
4.5 North America Data Analytics, Reporting & Visualization Market by Country
4.6 North America Others Market by Country
Chapter 5. North America AI in Project Management Market by Vertical
5.1 North America Telecom, IT & ITeS Market by Country
5.2 North America Construction & Engineering Market by Country
5.3 North America Government & Defense Market by Country
5.4 North America BFSI Market by Country
5.5 North America Healthcare & Life Sciences Market by Country
5.6 North America Retail & eCommerce Market by Country
5.7 North America Energy & Utilities Market by Country
5.8 North America Manufacturing Market by Country
5.9 North America Other Vertical Market by Country
Chapter 6. North America AI in Project Management Market by Deployment Mode
6.1 North America On-premise Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America AI in Project Management Market by Organization Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small & Medium Enterprises Market by Country
Chapter 8. North America AI in Project Management Market by Component
8.1 North America Solution Market by Country
8.2 North America AI in Project Management Market by Solution Type
8.2.1 North America Predictive Analytics Market by Country
8.2.2 North America Robotic Process Automation Market by Country
8.2.3 North America Speech Recognition Market by Country
8.2.4 North America Chatbots & Intelligent Virtual Assistant Market by Country
8.3 North America Services Market by Country
Chapter 9. North America AI in Project Management Market by Country
9.1 US AI in Project Management Market
9.1.1 US AI in Project Management Market by Application
9.1.2 US AI in Project Management Market by Vertical
9.1.3 US AI in Project Management Market by Deployment Mode
9.1.4 US AI in Project Management Market by Organization Size
9.1.5 US AI in Project Management Market by Component
9.1.5.1 US AI in Project Management Market by Solution Type
9.2 Canada AI in Project Management Market
9.2.1 Canada AI in Project Management Market by Application
9.2.2 Canada AI in Project Management Market by Vertical
9.2.3 Canada AI in Project Management Market by Deployment Mode
9.2.4 Canada AI in Project Management Market by Organization Size
9.2.5 Canada AI in Project Management Market by Component
9.2.5.1 Canada AI in Project Management Market by Solution Type
9.3 Mexico AI in Project Management Market
9.3.1 Mexico AI in Project Management Market by Application
9.3.2 Mexico AI in Project Management Market by Vertical
9.3.3 Mexico AI in Project Management Market by Deployment Mode
9.3.4 Mexico AI in Project Management Market by Organization Size
9.3.5 Mexico AI in Project Management Market by Component
9.3.5.1 Mexico AI in Project Management Market by Solution Type
9.4 Rest of North America AI in Project Management Market
9.4.1 Rest of North America AI in Project Management Market by Application
9.4.2 Rest of North America AI in Project Management Market by Vertical
9.4.3 Rest of North America AI in Project Management Market by Deployment Mode
9.4.4 Rest of North America AI in Project Management Market by Organization Size
9.4.5 Rest of North America AI in Project Management Market by Component
9.4.5.1 Rest of North America AI in Project Management Market by Solution Type
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 SWOT Analysis
10.2 Hitachi, Ltd. (Hitachi Energy Ltd.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.3 Oracle Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent Strategies and Developments
10.3.5.1 Partnerships, Collaborations, and Agreements
10.3.5.2 Product Launches and Product Expansions
10.3.6 SWOT Analysis
10.4 Adobe, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent Strategies and Developments
10.4.5.1 Acquisition and Mergers
10.5 Microsoft Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 ServiceNow, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent Strategies and Developments
10.6.5.1 Partnerships, Collaborations, and Agreements
10.7 Atlassian Corporation PLC
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent Strategies and Developments
10.7.5.1 Partnerships, Collaborations, and Agreements
10.7.5.2 Product Launches and Product Expansions
10.7.6 SWOT Analysis
10.8 PMaspire Singapore PTE Ltd.
10.8.1 Company Overview
10.9 ALICE Technologies, Inc.
10.9.1 Company Overview
10.9.2 Recent Strategies and Developments
10.9.2.1 Partnerships, Collaborations, and Agreements
10.10. Aitheon
10.10.1 Company Overview

Companies Mentioned

  • IBM Corporation
  • Hitachi, Ltd. (Hitachi Energy Ltd.)
  • Oracle Corporation
  • Adobe, Inc.
  • Microsoft Corporation
  • ServiceNow, Inc.
  • Atlassian Corporation PLC
  • PMaspire Singapore PTE Ltd.
  • ALICE Technologies, Inc.
  • Aitheon

Methodology

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