The market for AI in project management is projected to grow from USD 2.5 billion in 2023 to USD 5.7 billion by 2028, at a CAGR of 17.3% during the forecast period. There are several commercial uses for artificial intelligence (AI) and machine learning. Users also understand that processing massive volumes of data fast, seeing patterns in data, learning from it, and generating predictions are some of AI's most crucial talents. AI is and will continue to be a growing trend in the project management industry because of its exceptional capacity to monitor specific trends and foresee project scenarios and results.
The large enterprises' segment is projected to be the largest market during the forecast period
By organization size, the market is divided into large enterprises and small & medium enterprises. The availability of advanced infrastructure facilities and high economies of scale enable larger enterprises to leverage AI in project management solutions. The adoption of AI in project management solutions in large enterprises is said to be higher than in SMEs. In a highly competitive world, large enterprises leave no stone unturned to capture a higher market share. They constantly undertake multiple projects to add new product lines or improve and replace existing products/processes. To achieve economies of scale and scope, firms may want to leverage their resources for new technologies, processes, and products. The adoption of AI technologies in large project organizations accelerates the predictive steering of complex projects and thus boosts project success.
The chatbot & intelligent virtual assistant segment is registered to grow at the highest CAGR during the forecast period
A developing trend that will likely help businesses much when integrated into project management is using artificial intelligence (AI) to power virtual project assistants. ChatGPT has the capacity to evaluate enormous data sets and offer timely insights. Similar to bots or virtual assistants, AI-powered virtual project assistants are used in project management. These assistants offer quick status updates and aid users in updating time and task progress through text, audio, or chat.
Among verticals, the IT & ITeS vertical is anticipated to account for the largest market size during the forecast period
The process of managing, planning, and creating information technology initiatives is known as IT project management. Software development, information security, information systems, communications, hardware, networks, databases, and mobile applications are just a few businesses that use IT projects. While managers oversee IT projects, project developers produce a good or service. To ensure that IT projects go successfully, managers are responsible for outlining objectives and keeping projects on schedule and under budget.
North America to account for the largest market size during the forecast period
North America is estimated to account for the largest share of the market for AI in project management. The region is one of the leading markets for AI in project management. Artificial intelligence will enable more effective operations across the project lifecycle process by automating and simplifying complicated calculations, especially when combined with efficient software and systems. Fewer resources are used throughout the project development phase due to efficient procedures, which also have a smaller total environmental effect. Data entry into systems requires a lot of time, effort, and resources; thus, it should not be disregarded as a potential area for increased efficiency on both an economic and environmental level.
Breakdown of Primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the AI in project management market.
- By Company: Tier I: 34%, Tier II: 43%, and Tier III: 23%
- By Designation: C-Level Executives: 50%, Directors: 30%, and Others: 20%
- By Region: APAC: 30%, Europe: 30%, North America: 25%, MEA: 10%, and Latin America: 5%
The report includes the study of key players offering AI solutions in project management and services. It profiles major vendors in the global market. The major vendors are IBM (US), Oracle (US), Hitachi (Japan), Adobe (US), Microsoft (US), TIS (Japan), ServiceNow (US), Atlassian (Australia), Alice Technologies (US), Aitheon (US), PMaspire (Singapore), Forecast (UK), ClickUp (US), Zoho (India), ProofHub (US), Azeendo (France), Bubblz (France), Lili.ai (France), RationalPlan (Romania), ClearStrategy (Ireland), Saviom (Australia), CodeComplete (Japan), monday.com (Israel), ImageGrafix (UAE), Orangescrum (US), Smartsheet (US), PSOhub (Netherlands), Bitrix24 (US), Asana (US), and Wrike (US).
Research Coverage
The market study covers AI in project management across segments. It aims at estimating the market size and the growth potential across different segments, such as components, application, deployment mode, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market for AI in project management and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (increasing need to enhance the success rate of projects, growing focus on agile project management methodologies, need to improve operational performance to gain competitive benefits in the market), restraints (increase in concerns over data privacy and security), opportunities (cost optimization), and challenges (selecting right solutions that align with organizations' business needs and blending AI-based PM solutions with legacy systems) influencing the growth of the AI in project management market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the AI in project management market
- Market Development: Comprehensive information about lucrative markets - the report analyses the AI in project management market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in AI in project management market strategies; the report also helps stakeholders understand the pulse of the automotive airbags & seatbelts market and provides them with information on key market drivers, restraints, challenges, and opportunities
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players such as IBM (US), Oracle (US), Microsoft (US), Hitachi (Japan), ServiceNow (US), and Adobe (US), among others in the AI in project management market
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions & Exclusions
1.4 Market Scope
1.4.1 Market Segmentation
1.4.2 Regions Covered
1.5 Years Considered
1.6 Currency Considered
Table 1 USD Exchange Rates, 2020-2022
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 1 AI in Project Management Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Primary Interviews
2.1.2.2 Breakup of Primary Profiles
2.1.2.3 Key Industry Insights
2.2 Data Triangulation
2.3 Market Size Estimation
Figure 2 Market: Top-Down and Bottom-Up Approaches
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
Figure 3 Approach 1 (Supply Side): Revenue from Solutions/Services of AI in Project Management
Figure 4 Approach 2: Bottom-Up (Supply Side): Collective Revenue from Solutions/Services of AI in Project Management
Figure 5 Approach 3: Bottom-Up (Supply Side): Collective Revenue from Solutions/Services of AI in Project Management
Figure 6 Approach 4: Bottom-Up (Demand Side): Share of AI in Project Management Solutions and Services Through Overall Spending
2.4 Market Forecast
Table 2 Factor Analysis
2.5 Study Assumptions
2.6 Study Limitations
2.7 Recession Impact
3 Executive Summary
Table 3 AI in Project Management Market Size and Growth Rate, 2017-2022 (USD Million, Y-O-Y)
Table 4 Market Size and Growth Rate, 2023-2028 (USD Million, Y-O-Y)
Figure 7 Solutions to Account for Larger Market Size in 2023
Figure 8 Consulting Services to Account Larger Market Share in 2023
Figure 9 Predictive Analytics to be Largest Market in 2023
Figure 10 Cloud Deployment to be More Preferred in 2023
Figure 11 Large Enterprises to Account for More Adoption in 2023
Figure 12 Data Analytics, Reporting, and Visualization Application to be Largest Market in 2023
Figure 13 IT & ITeS Vertical to Account for Largest Implementation in 2023
Figure 14 North America to be Largest Regional Market in 2023
4 Premium Insights
4.1 Attractive Market Opportunities for AI in Project Management Market Players
Figure 15 High Demand for Platform Transferring Data from On-Premises to Cloud
4.2 Market, by Vertical
Figure 16 IT/ITeS Vertical to Account for Largest Market During Forecast Period
4.3 Market, by Region
Figure 17 North America to be Largest Market by 2028
4.4 Market: Top Components and Verticals
Figure 18 Solutions and IT/ITeS Segments to Account for Largest Respective Market Shares by 2028
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Drivers, Restraints, Opportunities, and Challenges: AI in Project Management Market
5.2.1 Drivers
5.2.1.1 Higher Need to Enhance Success Rate of Projects
5.2.1.2 Increase in Focus on Agile Project Management Methodologies
5.2.1.3 Need to Improve Operational Performance to Gain Competitive Benefits
5.2.2 Restraints
5.2.2.1 Increase in Concerns Over Data Privacy and Security
5.2.3 Opportunities
5.2.3.1 Cost Optimization
5.2.4 Challenges
5.2.4.1 Selecting Right Solutions That Align with Organizations’ Business Needs
5.2.4.2 Blending AI-based Pm Solutions with Legacy Systems
5.3 Industry Trends
5.3.1 Evolution of AI in Project Management
Figure 20 The Evolution of AI in Project Management
5.3.1.1 Traditional Project Management
5.3.1.2 New Project Management Approach
5.3.1.3 Traditional Project Management vs AI in Project Management
5.3.2 Key Stages in AI in Project Management
5.3.3 Value Chain Analysis
Figure 21 AI in Project Management Market: Value Chain Analysis
5.3.3.1 Data Collection
5.3.3.2 Data Analysis
5.3.3.3 Decision Making
5.3.3.4 Implementation
5.3.3.5 Evaluation
5.3.3.6 End-users/Applications
5.3.4 Ecosystem
Table 5 Market: Ecosystem
5.3.5 Case Study Analysis
Table 6 Atlassian (Trello) Helped Its Client Improve Project Productivity, Efficiency, and Collaboration
Table 7 Improved Project Management Efficiency with AI in Project Management: Proggio Solution
Table 8 Streamlining Logistics Management with AI in Project Management Solutions: TIS
Table 9 Enhancing IT Service Management Efficiency with AI in Project Management: Servicenow
Table 10 Transforming Project Management Efficiency with AI in Project Management: Hitachi
Table 11 Revolutionizing Inventory Management and Supply Chain with AI in Project Management: Aitheon
5.3.6 Patent Analysis
5.3.6.1 Methodology
5.3.6.2 Document Types
Table 12 Patents Filed, 2019-2022
5.3.6.3 Innovation and Patent Applications
Figure 22 Number of Patents Granted Annually, 2019-2022
5.3.6.3.1 Top Applicants
Figure 23 Top 10 Patent Applicants with Highest Number of Patent Applications, 2019-2022
Table 13 List of Patents in AI in Project Management Market, 2021-2023
5.3.7 Pricing Analysis
Table 14 Pricing Analysis
5.3.8 Porter's Five Forces Model
Table 15 Market: Porter's Five Forces Model
5.3.8.1 Threat of New Entrants
5.3.8.2 Threat of Substitutes
5.3.8.3 Bargaining Power of Buyers
5.3.8.4 Bargaining Power of Suppliers
5.3.8.5 Competitive Rivalry
5.3.9 Key Stakeholders and Buying Criteria
5.3.9.1 Key Stakeholders in Buying Process
Figure 24 Influence of Stakeholders on Buying Process for Top Three Verticals
Table 16 Influence of Stakeholders on Buying Process for Top Three Verticals
5.3.9.2 Buying Criteria
Figure 25 Key Buying Criteria for Top Three Verticals
Table 17 Key Buying Criteria for Top Three Verticals
5.4 Technology Analysis
5.4.1 Related Technology
5.4.1.1 Artificial Intelligence
5.4.1.2 Machine Learning
5.4.1.3 Data Mining
5.4.1.4 Natural Language Processing
5.4.1.5 Correlation Analysis
5.4.2 Allied Technologies
5.4.2.1 IoT
5.4.2.2 Big Data
5.4.2.3 Digital Twin
5.5 Disruptions Impacting Buyers/Clients in AI in Project Management Market
Figure 26 Market: Disruptions Impacting Buyers/Clients
5.6 Key Conferences & Events
Table 18 Market: Detailed List of Conferences and Events, 2022-2023
5.7 Regulatory Landscape
5.7.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 19 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 20 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 21 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 22 RoW: Regulatory Bodies, Government Agencies, and Other Organizations
5.7.1.1 North America
5.7.1.1.1 US
5.7.1.1.2 Canada
5.7.1.2 Europe
5.7.1.3 Asia-Pacific
5.7.1.3.1 South Korea
5.7.1.3.2 China
5.7.1.3.3 India
5.7.1.4 Middle East & Africa
5.7.1.4.1 UAE
5.7.1.4.2 KSA
5.7.1.4.3 Bahrain
5.7.1.5 Latin America
5.7.1.5.1 Brazil
5.7.1.5.2 Mexico
6 AI in Project Management Market, by Component
6.1 Introduction
6.1.1 Component: Market Drivers
Figure 27 Services to Witness Higher CAGR During Forecast Period
Table 23 Market, by Component, 2017-2022 (USD Million)
Table 24 Market, by Component, 2023-2028 (USD Million)
6.2 Solution
Figure 28 Predictive Analytics Solution to Account for Largest Market Size During the Forecast Period
Table 25 Market, by Solution, 2017-2022 (USD Million)
Table 26 Market, by Solution, 2023-2028 (USD Million)
Table 27 Market, by Region, 2017-2022 (USD Million)
Table 28 Market, by Region, 2023-2028 (USD Million)
6.2.1 Robotic Process Automation
6.2.1.1 Rise in Need for Automation in Project Management
Table 29 Robotic Process Automation: AI in Project Management Market, by Region, 2017-2022 (USD Million)
Table 30 Robotic Process Automation: Market, by Region, 2023-2028 (USD Million)
6.2.2 Chatbots & Intelligent Virtual Assistants
6.2.2.1 Demand for Employing Virtual Project Assistants to Expedite Processes
Table 31 Chatbots & Intelligent Virtual Assistants: Market, by Region, 2017-2022 (USD Million)
Table 32 Chatbots & Intelligent Virtual Assistants: Market, by Region, 2023-2028 (USD Million)
6.2.3 Predictive Analytics
6.2.3.1 Increase in Use of Predictive Analytics in Project Management to Boost Profitability and Competitiveness
Table 33 Predictive Analytics: Market, by Region, 2017-2022 (USD Million)
Table 34 Predictive Analytics: Market, by Region, 2023-2028 (USD Million)
6.2.4 Speech Recognition
6.2.4.1 Employing Speech Recognition to Reduce Time and Effort
Table 35 Speech Recognition: Market, by Region, 2017-2022 (USD Million)
Table 36 Speech Recognition: Market, by Region, 2023-2028 (USD Million)
6.3 Services
Figure 29 Consulting Services to Account for Largest Market Size During Forecast Period
Table 37 Services: AI in Project Management Market, by Type, 2017-2022 (USD Million)
Table 38 Services: Market, by Type, 2023-2028 (USD Million)
Table 39 Services: Market, by Region, 2017-2022 (USD Million)
Table 40 Services: Market, by Region, 2023-2028 (USD Million)
6.3.1 Consulting Services
6.3.1.1 Rise in Demand for Lowering Risks, Reducing Complexities, and Increasing ROI
Table 41 Consulting Services: Market, by Region, 2017-2022 (USD Million)
Table 42 Consulting Services: Market, by Region, 2023-2028 (USD Million)
6.3.2 Deployment & Integration Services
6.3.2.1 Growing Need for Efficient and Effective Implementation of AI Solutions in Project Management
Table 43 Deployment & Integration Services: Market, by Region, 2017-2022 (USD Million)
Table 44 Deployment & Integration Services: Market, by Region, 2023-2028 (USD Million)
6.3.3 Support & Maintenance Services
6.3.3.1 Increase in Demand for Data Management
Table 45 Support & Maintenance Services: Market, by Region, 2017-2022 (USD Million)
Table 46 Support & Maintenance Services: Market, by Region, 2023-2028 (USD Million)
7 AI in Project Management Market, by Deployment Mode
7.1 Introduction
7.1.1 Deployment Mode: Market Drivers
Figure 30 Cloud Deployment Mode to Witness Higher CAGR During Forecast Period
Table 47 Market, by Deployment Mode, 2017-2022 (USD Million)
Table 48 Market, by Deployment Mode, 2023-2028 (USD Million)
7.2 On-Premises
7.2.1 Ability to Maintain Control and Reduce Complexities
Table 49 On-Premise Deployment Mode: Market, by Region, 2017-2022 (USD Million)
Table 50 On-Premise Deployment Mode: Market, by Region, 2023-2028 (USD Million)
7.3 Cloud
7.3.1 Greater Need for Real-Time Insights
Table 51 Cloud Deployment Mode: Market, by Region, 2017-2022 (USD Million)
Table 52 Cloud Deployment Mode: Market, by Region, 2023-2028 (USD Million)
8 AI in Project Management Market, by Organization Size
8.1 Introduction
8.1.1 Organization Size: Market Drivers
Figure 31 Small & Medium-Sized Enterprises to Witness Higher CAGR During Forecast Period
Table 53 Market, by Organization Size, 2017-2022 (USD Million)
Table 54 Market, by Organization Size, 2023-2028 (USD Million)
8.2 Small & Medium-Sized Enterprises
8.2.1 Rise in Innovative Business Approaches Among Smaller Players
Table 55 Small & Medium-Sized Enterprises: Market, by Region, 2017-2022 (USD Million)
Table 56 Small & Medium-Sized Enterprises: Market, by Region, 2023-2028(USD Million)
8.3 Large Enterprises
8.3.1 Investments by Large Enterprises to Implement Suitable AI in Project Management Solutions and Services
Table 57 Large Enterprises: Market, by Region, 2017-2022 (USD Million)
Table 58 Large Enterprises: Market, by Region, 2023-2028 (USD Million)
9 AI in Project Management Market, by Application
9.1 Introduction
9.1.1 Application: Market Drivers
Figure 32 Risk Management Application to Grow at Highest CAGR During Forecast Period
Table 59 AI in Project Management, by Application, 2017-2022 (USD Million)
Table 60 AI in Project Management, by Application, 2023-2028 (USD Million)
9.2 Data Analytics, Reporting, and Visualization
9.2.1 Ability to Provide Actionable Insights by Analyzing Complex Data Sets and Identifying Trends
Table 61 Data Analytics, Reporting, and Visualization: Market, by Region, 2017-2022 (USD Million)
Table 62 Data Analytics, Reporting, and Visualization: Market, by Region, 2023-2028 (USD Million)
9.3 Project Task Management, Automation, and Prioritization
9.3.1 Rapid Adoption of AI Technologies to Automate, Prioritize and Optimize Project Management Activities
Table 63 Project Task Management, Automation, and Prioritization: Market, by Region, 2017-2022 (USD Million)
Table 64 Project Task Management, Automation, and Prioritization: Market, by Region, 2023-2028 (USD Million)
9.4 Project Scheduling & Budgeting
9.4.1 AI Technologies Revolutionize Human Resource Functions and Practices
Table 65 Project Scheduling & Budgeting: Market, by Region, 2017-2022 (USD Million)
Table 66 Project Scheduling & Budgeting: Market, by Region, 2023-2028 (USD Million)
9.5 Project Support & Administration
9.5.1 AI Algorithms Trained to Detect Changes in Project Data
Table 67 Project Support & Administration: Market, by Region, 2017-2022 (USD Million)
Table 68 Project Support & Administration: Market, by Region, 2023-2028 (USD Million)
9.6 Risk Management
9.6.1 AI-Powered Risk Management Strategies Eliminate Potential Risk in Project Management
Table 69 Risk Management: AI in Project Management Market, by Region, 2017-2022 (USD Million)
Table 70 Risk Management: Market, by Region, 2023-2028 (USD Million)
9.7 Project Data Management
9.7.1 AI-Integrated Solutions Manage Data During Highly Complex Projects
Table 71 Project Data Management: Market, by Region, 2017-2022 (USD Million)
Table 72 Project Data Management: Market, by Region, 2023-2028 (USD Million)
9.8 Resource Allocation & Forecasting
9.8.1 Programmatic Trends and Opportunities Offered to Marketers
Table 73 Resource Allocation & Forecasting: Market, by Region, 2017-2022 (USD Million)
Table 74 Resource Allocation & Forecasting: Market, by Region, 2023-2028 (USD Million)
9.9 Project Monitoring
9.9.1 Businesses Comprehensive Understanding of Project Performance
Table 75 Project Monitoring: Market, by Region, 2017-2022 (USD Million)
Table 76 Project Monitoring: Market, by Region, 2023-2028 (USD Million)
9.10 Other Applications
Table 77 Other Applications: Market, by Region, 2017-2022 (USD Million)
Table 78 Other Applications: Market, by Region, 2023-2028 (USD Million)
10 AI in Project Management Market, by Vertical
10.1 Introduction
10.1.1 Vertical: Market Drivers
Figure 33 Healthcare & Life Sciences Segment to Grow at Highest CAGR During Forecast Period
Table 79 Market, by Vertical, 2017-2022 (USD Million)
Table 80 Market, by Vertical, 2023-2028 (USD Million)
10.2 Banking, Financial Services, and Insurance
10.2.1 Need for Enhanced Customer Service
Table 81 BFSI: Market, by Region, 2017-2022 (USD Million)
Table 82 BFSI: Market, by Region, 2023-2028 (USD Million)
10.3 Retail & Ecommerce
10.3.1 Optimizing Multiple Project Management
Table 83 Retail & Ecommerce: AI in Project Management Market, by Region, 2017-2022 (USD Million)
Table 84 Retail & Ecommerce: Market, by Region, 2023-2028 (USD Million)
10.4 Manufacturing
10.4.1 Leveraging AI in Project Management to Maintain Competitiveness in Manufacturing Industry
Table 85 Manufacturing: Market, by Region, 2017-2022 (USD Million)
Table 86 Manufacturing: Market, by Region, 2023-2028 (USD Million)
10.5 Government & Defense
10.5.1 Demand for Empowering Efficiency and Security in Government & Defense Projects
Table 87 Government & Defense: Market, by Region, 2017-2022 (USD Million)
Table 88 Government & Defense: Market, by Region, 2023-2028 (USD Million)
10.6 Healthcare & Life Sciences
10.6.1 Catalyzing Research Processes with Large Datasets
Table 89 Healthcare & Life Sciences: Market, by Region, 2017-2022 (USD Million)
Table 90 Healthcare & Life Sciences: Market, by Region, 2023-2028 (USD Million)
10.7 IT & ITeS
10.7.1 Rising Complexity and Fast Innovations in IT
Table 91 IT & ITeS: AI in Project Management Market, by Region, 2017-2022 (USD Million)
Table 92 IT & ITeS: Market, by Region, 2023-2028 (USD Million)
10.8 Energy & Utilities
10.8.1 Advanced AI Technologies Help Build Accountable, Transparent, Fair, and Secure Systems
Table 93 Energy & Utilities: Market, by Region, 2017-2022 (USD Million)
Table 94 Energy & Utilities: Market, by Region, 2023-2028 (USD Million)
10.9 Telecommunication
10.9.1 Contact Center Effectiveness, Reduced Operational Cost, and Improved Service Level
Table 95 Telecommunication: Market, by Region, 2017-2022 (USD Million)
Table 96 Telecommunication: Market, by Region, 2023-2028 (USD Million)
10.10 Construction & Engineering
10.10.1 Enhanced Performance and Reduced Redundancies in Manufacturing
Table 97 Construction & Engineering: Market, by Region, 2017-2022 (USD Million)
Table 98 Construction & Engineering: Market, by Region, 2023-2028 (USD Million)
10.11 Other Verticals
Table 99 Other Verticals: Market, by Region, 2017-2022 (USD Million)
Table 100 Other Verticals: Market, by Region, 2023-2028 (USD Million)
11 Market, by Region
11.1 Introduction
Figure 34 India to Account for Highest CAGR During Forecast Period
Figure 35 Asia-Pacific to Account for Highest CAGR During Forecast Period
Table 101 Market, by Region, 2017-2022 (USD Million)
Table 102 Market, by Region, 2023-2028 (USD Million)
11.2 North America
11.2.1 North America: Market Drivers
11.2.2 North America: Impact of Recession
Figure 36 North America: AI in Project Management Market Snapshot
Table 103 North America: Market, by Component, 2017-2022 (USD Million)
Table 104 North America: Market, by Component, 2023-2028 (USD Million)
Table 105 North America: Market, by Solution, 2017-2022 (USD Million)
Table 106 North America: Market, by Solution, 2023-2028 (USD Million)
Table 107 North America: Market, by Service, 2017-2022 (USD Million)
Table 108 North America: Market, by Service, 2023-2028 (USD Million)
Table 109 North America: Market, by Deployment Mode, 2017-2022 (USD Million)
Table 110 North America: Market, by Deployment Mode, 2023-2028 (USD Million)
Table 111 North America: Market, by Organization Size, 2017-2022 (USD Million)
Table 112 North America: Market, by Organization Size, 2023-2028 (USD Million)
Table 113 North America: Market, by Application, 2017-2022 (USD Million)
Table 114 North America: Market, by Application, 2023-2028 (USD Million)
Table 115 North America: Market, by Vertical, 2017-2022 (USD Million)
Table 116 North America: Market, by Vertical, 2023-2028 (USD Million)
Table 117 North America: Market, by Country, 2017-2022 (USD Million)
Table 118 North America: Market, by Country, 2023-2028 (USD Million)
11.2.3 US
11.2.3.1 Innovations and Initiatives to Enable Quick Adoption of Advanced Technologies
11.2.4 Canada
11.2.4.1 Rapid Investments in R&D to Adopt Advanced Technologies
11.3 Europe
11.3.1 Europe: Market Drivers
11.3.2 Europe: Impact of Recession
Table 119 Europe: AI in Project Management Market, by Component, 2017-2022 (USD Million)
Table 120 Europe: Market, by Component, 2023-2028 (USD Million)
Table 121 Europe: Market, by Solution, 2017-2022 (USD Million)
Table 122 Europe: Market, by Solution, 2023-2028 (USD Million)
Table 123 Europe: Market, by Service, 2017-2022 (USD Million)
Table 124 Europe: Market, by Service, 2023-2028 (USD Million)
Table 125 Europe: Market, by Deployment Mode, 2017-2022 (USD Million)
Table 126 Europe: Market, by Deployment Mode, 2023-2028 (USD Million)
Table 127 Europe: Market, by Organization Size, 2017-2022 (USD Million)
Table 128 Europe: Market, by Organization Size, 2023-2028 (USD Million)
Table 129 Europe: Market, by Application, 2017-2022 (USD Million)
Table 130 Europe: Market, by Application, 2023-2028 (USD Million)
Table 131 Europe: Market, by Vertical, 2017-2022 (USD Million)
Table 132 Europe: Market, by Vertical, 2023-2028 (USD Million)
Table 133 Europe: Market, by Country, 2017-2022 (USD Million)
Table 134 Europe: Market, by Country, 2023-2028 (USD Million)
11.3.3 UK
11.3.3.1 Initiatives by Government to Position UK as Global Science Superpower
11.3.4 Germany
11.3.4.1 Strong Infrastructure and Skilled Labor Force to Smoothen AI Capabilities
11.3.5 France
11.3.5.1 High Potential Client Base and a Heavy Capital Inflow from Various Investors
11.3.6 Italy
11.3.6.1 Spread of Cyber Threats to Drive AI-based Solutions
11.3.7 Spain
11.3.7.1 Several Initiatives and Developments to Provide Huge Potential for AI Across Various Sectors
11.3.8 Rest of Europe
11.4 Asia-Pacific
11.4.1 Asia-Pacific: Market Drivers
11.4.2 Asia-Pacific: Impact of Recession
Figure 37 Asia-Pacific: AI in Project Management Market Snapshot
Table 135 Asia-Pacific: Market, by Component, 2017-2022 (USD Million)
Table 136 Asia-Pacific: Market, by Component, 2023-2028 (USD Million)
Table 137 Asia-Pacific: Market, by Solution, 2017-2022 (USD Million)
Table 138 Asia-Pacific: Market, by Solution, 2023-2028 (USD Million)
Table 139 Asia-Pacific: Market, by Service, 2017-2022 (USD Million)
Table 140 Asia-Pacific: Market, by Service, 2023-2028 (USD Million)
Table 141 Asia-Pacific: Market, by Deployment Mode, 2017-2022 (USD Million)
Table 142 Asia-Pacific: Market, by Deployment Mode, 2023-2028 (USD Million)
Table 143 Asia-Pacific: Market, by Organization Size, 2017-2022 (USD Million)
Table 144 Asia-Pacific: Market, by Organization Size, 2023-2028 (USD Million)
Table 145 Asia-Pacific: Market, by Application, 2017-2022 (USD Million)
Table 146 Asia-Pacific: Market, by Application, 2023-2028 (USD Million)
Table 147 Asia-Pacific: Market, by Vertical, 2017-2022 (USD Million)
Table 148 Asia-Pacific: Market, by Vertical, 2023-2028 (USD Million)
Table 149 Asia-Pacific: Market, by Country, 2017-2022 (USD Million)
Table 150 Asia-Pacific: Market, by Country, 2023-2028 (USD Million)
11.4.3 China
11.4.3.1 Significant Untapped AI Opportunities
11.4.4 Japan
11.4.4.1 Potential of Organic Growth Capabilities
11.4.5 ASEAN
11.4.5.1 Growth in Number of AI Startups and Initiatives
11.4.6 Australia & New Zealand
11.4.6.1 Significant Investments in Government Agencies and Academic Institutions to Promote Innovation
11.4.7 South Korea
11.4.7.1 Need for Enhanced AI Infrastructure
11.4.8 India
11.4.8.1 Rise in Number of AI Startups and Initiatives
11.4.9 Rest of Asia-Pacific
11.5 Middle East & Africa
11.5.1 Middle East & Africa: Market Drivers
11.5.2 Middle East & Africa: Impact of Recession
Table 151 Middle East & Africa: AI in Project Management Market, by Component, 2017-2022 (USD Million)
Table 152 Middle East & Africa: Market, by Component, 2023-2028 (USD Million)
Table 153 Middle East & Africa: Market, by Solution, 2017-2022 (USD Million)
Table 154 Middle East & Africa: Market, by Solution, 2023-2028 (USD Million)
Table 155 Middle East & Africa: Market, by Service, 2017-2022 (USD Million)
Table 156 Middle East & Africa: Market, by Service, 2023-2028 (USD Million)
Table 157 Middle East & Africa: Market, by Deployment Mode, 2017-2022 (USD Million)
Table 158 Middle East & Africa: Market, by Deployment Mode, 2023-2028 (USD Million)
Table 159 Middle East & Africa: Market, by Organization Size, 2017-2022 (USD Million)
Table 160 Middle East & Africa: Market, by Organization Size, 2023-2028 (USD Million)
Table 161 Middle East & Africa: Market, by Application, 2017-2022 (USD Million)
Table 162 Middle East & Africa: Market, by Application, 2023-2028 (USD Million)
Table 163 Middle East & Africa: Market, by Vertical, 2017-2022 (USD Million)
Table 164 Middle East & Africa: Market, by Vertical, 2023-2028 (USD Million)
Table 165 Middle East & Africa: Market, by Country, 2017-2022 (USD Million)
Table 166 Middle East & Africa: Market, by Country, 2023-2028 (USD Million)
11.5.3 Kingdom of Saudi Arabia
11.5.3.1 Investments in Technologies and Projects
11.5.4 UAE
11.5.4.1 Increase in Infrastructure Projects
11.5.5 Israel
11.5.5.1 Significant Focus on R&D
11.5.6 Turkey
11.5.6.1 New Economy Created by Advent of Digital Infrastructure Powered by IoT
11.5.7 South Africa
11.5.7.1 Companies Inclining Toward Advanced Technologies to Impart Training for Effective Handling of Projects
11.5.8 Rest of the Middle East & Africa
11.6 Latin America
11.6.1 Latin America: Market Drivers
11.6.2 Latin America: Impact of Recession
Table 167 Latin America: AI in Project Management Market, by Component, 2017-2022 (USD Million)
Table 168 Latin America: Market, by Component, 2023-2028 (USD Million)
Table 169 Latin America: Market, by Solution, 2017-2022 (USD Million)
Table 170 Latin America: Market, by Solution, 2023-2028 (USD Million)
Table 171 Latin America: Market, by Service, 2017-2022 (USD Million)
Table 172 Latin America: Market, by Service, 2023-2028 (USD Million)
Table 173 Latin America: Market, by Deployment Mode, 2017-2022 (USD Million)
Table 174 Latin America: Market, by Deployment Mode, 2023-2028 (USD Million)
Table 175 Latin America: Market, by Organization Size, 2017-2022 (USD Million)
Table 176 Latin America: Market, by Organization Size, 2023-2028 (USD Million)
Table 177 Latin America: Market, by Application, 2017-2022 (USD Million)
Table 178 Latin America: Market, by Application, 2023-2028 (USD Million)
Table 179 Latin America: Market, by Vertical, 2017-2022 (USD Million)
Table 180 Latin America: Market, by Vertical, 2023-2028 (USD Million)
Table 181 Latin America: Market, by Country, 2017-2022 (USD Million)
Table 182 Latin America: Market, by Country, 2023-2028 (USD Million)
11.6.3 Brazil
11.6.3.1 Emerging IT Clusters in Manufacturing Sector
11.6.4 Mexico
11.6.4.1 Demand Created by Increase in Cloud-based Services
11.6.5 Rest of Latin America
12 Competitive Landscape
12.1 Overview
12.2 Key Player Strategies
Table 183 Overview of Strategies Deployed by Key Players in Market
12.3 Revenue Analysis
Figure 38 Revenue Analysis for Key Companies, 2018-2022 (USD Million)
12.4 Market Share Analysis
Figure 39 Market Share Analysis, by Key Player, 2022
Table 184 AI in Project Management Market: Degree of Competition
12.5 Company Evaluation Quadrant
12.5.1 Stars
12.5.2 Emerging Leaders
12.5.3 Pervasive Players
12.5.4 Participants
Figure 40 Key Market Players, Company Evaluation Matrix, 2022
12.6 Startup/SME Evaluation Matrix
12.6.1 Progressive Companies
12.6.2 Responsive Companies
12.6.3 Dynamic Companies
12.6.4 Starting Blocks
Figure 41 Startup/SME Market Players, Company Evaluation Matrix, 2022
12.7 Competitive Benchmarking
Table 185 Market: Competitive Benchmarking of Key Players, 2022
Table 186 Market: Detailed List of Key Startups/SMEs
Table 187 AI in Project Management Market: Competitive Benchmarking of Key Startups/SMEs
12.8 Competitive Scenario
12.8.1 Product Launches
Table 188 Product Launches, May 2022-February 2023
12.8.2 Deals
Table 189 Deals, May 2022-January 2023
13 Company Profiles
13.1 Key Players
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View)*
13.1.1 IBM
Table 190 IBM: Business Overview
Figure 42 IBM: Company Snapshot
Table 191 IBM: Products/Solutions/Services Offered
Table 192 IBM: Product Launches
Table 193 IBM: Deals
13.1.2 Oracle
Table 194 Oracle: Business Overview
Figure 43 Oracle: Company Snapshot
Table 195 Oracle: Products/Solutions/Services Offered
Table 196 Oracle: Product Launches
Table 197 Oracle: Deals
13.1.3 Hitachi
Table 198 Hitachi: Business Overview
Figure 44 Hitachi: Company Snapshot
Table 199 Hitachi: Products/Solutions/Services Offered
Table 200 Hitachi: Product Launches
Table 201 Hitachi: Deals
13.1.4 Adobe
Table 202 Adobe: Business Overview
Figure 45 Adobe: Company Snapshot
Table 203 Adobe: Products/Solutions/Services Offered
Table 204 Adobe: Deals
13.1.5 Microsoft
Table 205 Microsoft: Business Overview
Figure 46 Microsoft: Company Snapshot
Table 206 Microsoft: Products/Solutions/Services Offered
Table 207 Microsoft: Product Launches
Table 208 Microsoft: Deals
13.1.6 TIS
Table 209 TIS: Business Overview
Figure 47 TIS: Company Snapshot
Table 210 TIS: Products/Solutions/Services Offered
Table 211 TIS: Deals
13.1.7 ServiceNow
Table 212 ServiceNow: Business Overview
Figure 48 ServiceNow: Company Snapshot
Table 213 ServiceNow: Products/Solutions/Services Offered
Table 214 ServiceNow: Product Launches
Table 215 ServiceNow: Deals
13.1.8 Atlassian
Table 216 Atlassian: Business Overview
Figure 49 Atlassian: Company Snapshot
Table 217 Atlassian: Products/Solutions/Services Offered
Table 218 Atlassian: Deals
13.1.9 Alice Technologies
Table 219 Alice Technologies: Business Overview
Table 220 Alice Technologies: Products/Solutions/Services Offered
Table 221 Alice Technologies: Deals
13.1.10 Aitheon
Table 222 Aitheon: Business Overview
Table 223 Aitheon: Products/Solutions/Services Offered
13.1.11 PMaspire
Table 224 PMaspire: Business Overview
Table 225 PMaspire: Products/Solutions/Services Offered
Table 226 PMaspire: Deals
13.1.12 Forecast
Table 227 Forecast: Business Overview
Table 228 Forecast: Products/Solutions/Services Offered
13.1.13 ClickUp
Table 229 ClickUp: Business Overview
Table 230 ClickUp: Products/Solutions/Services Offered
Table 231 ClickUp: Deals
13.1.14 Zoho
Table 232 Zoho: Business Overview
Table 233 Zoho: Products/Solutions/Services Offered
Table 234 Zoho: Deals
13.1.15 ProofHub
Table 235 ProofHub: Business Overview
Table 236 ProofHub: Products/Solutions/Services Offered
*Business Overview, Products/Solutions/Services Offered, Recent Developments, and Analyst's View Might Not be Captured in Case of Unlisted Companies.
13.2 Other Players
13.2.1 Azeendo
13.2.2 Bubblz
13.2.3 Lili.ai
13.2.4 RationalPlan
13.2.5 ClearStrategy
13.2.6 Saviom
13.2.7 CodeComplete
13.2.8 Monday.com
13.2.9 ImageGrafix
13.2.10 Orangescrum
13.2.11 Smartsheet
13.2.12 PSOhub
13.2.13 Bitrix24
13.2.14 Asana
13.2.15 Wrike
14 Adjacent and Related Markets
14.1 Introduction
14.2 Artificial Intelligence Market - Global Forecast to 2027
14.2.1 Market Definition
14.2.2 Market Overview
14.2.3 Artificial Intelligence Market, by Offering
Table 237 Artificial Intelligence Market, by Offering, 2016-2021 (USD Billion)
Table 238 Artificial Intelligence Market, by Offering, 2022-2027 (USD Billion)
14.2.4 Artificial Intelligence Market, by Technology
Table 239 Artificial Intelligence Market, by Technology, 2016-2021 (USD Billion)
Table 240 Artificial Intelligence Market, by Technology, 2022-2027 (USD Billion)
14.2.5 Artificial Intelligence Market, by Deployment Mode
Table 241 Artificial Intelligence Market, by Deployment Mode, 2016-2021 (USD Billion)
Table 242 Artificial Intelligence Market, by Deployment Mode, 2022-2027 (USD Billion)
14.2.6 Artificial Intelligence Market, by Organization Size
Table 243 Artificial Intelligence Market, by Organization Size, 2016-2021 (USD Billion)
Table 244 Artificial Intelligence Market, by Organization Size, 2022-2027 (USD Billion)
14.2.7 Artificial Intelligence Market, by Business Function
Table 245 Artificial Intelligence Market, by Business Function, 2016-2021 (USD Billion)
Table 246 Artificial Intelligence Market, by Business Function, 2022-2027 (USD Billion)
14.2.8 Artificial Intelligence Market, by Vertical
Table 247 Artificial Intelligence Market, by Vertical, 2016-2021 (USD Billion)
Table 248 Artificial Intelligence Market, by Vertical, 2022-2027 (USD Billion)
14.2.9 Artificial Intelligence Market, by Region
Table 249 Artificial Intelligence Market, by Region, 2016-2021 (USD Billion)
Table 250 Artificial Intelligence Market, by Region, 2022-2027 (USD Billion)
14.3 Big Data Market - Global Forecast to 2026
14.3.1 Market Definition
14.3.2 Market Overview
14.3.3 Big Data Market, by Component
Table 251 Big Data Market, by Component, 2016-2020 (USD Million)
Table 252 Big Data Market, by Component, 2021-2026 (USD Million)
Table 253 Big Data Market, by Solution, 2016-2020 (USD Million)
Table 254 Big Data Market, by Solution, 2021-2026 (USD Million)
Table 255 Big Data Market, by Service, 2016-2020 (USD Million)
Table 256 Big Data Market, by Service, 2021-2026 (USD Million)
Table 257 Professional Big Data Services Market, by Type, 2016-2020 (USD Million)
Table 258 Professional Big Data Services Market, by Type, 2021-2026 (USD Million)
14.3.3.1 Big Data Market, by Deployment Mode
Table 259 Big Data Market, by Deployment Mode, 2016-2020 (USD Million)
Table 260 Big Data Market, by Deployment Mode, 2021-2026 (USD Million)
Table 261 Cloud Deployment Market, by Type, 2016-2020 (USD Million)
Table 262 Cloud Deployment Market, by Type, 2021-2026 (USD Million)
14.3.3.2 Big Data Market, by Organization Size
Table 263 Big Data Market, by Organization Size, 2016-2020 (USD Million)
Table 264 Big Data Market, by Organization Size, 2021-2026 (USD Million)
14.3.3.3 Big Data Market, by Business Function
Table 265 Big Data Market, by Business Function, 2016-2020 (USD Million)
Table 266 Big Data Market, by Business Function, 2021-2026 (USD Million)
14.3.3.4 Big Data Market, by Industry Vertical
Table 267 Big Data Market, by Industry Vertical, 2016-2020 (USD Million)
Table 268 Big Data Market, by Industry Vertical, 2021-2026 (USD Million)
14.3.3.5 Big Data Market, by Region
Table 269 Big Data Market, by Region, 2016-2020 (USD Million)
Table 270 Big Data Market, by Region, 2021-2026 (USD Million)
15 Appendix
15.1 Discussion Guide
15.2 Knowledgestore: The Subscription Portal
15.3 Customization Options
Companies Mentioned
- Adobe
- Aitheon
- Alice Technologies
- Asana
- Atlassian
- Azeendo
- Bitrix24
- Bubblz
- ClearStrategy
- ClickUp
- CodeComplete
- Forecast
- Hitachi
- IBM
- ImageGrafix
- Lili.ai
- Microsoft
- Monday.com
- Oracle
- Orangescrum
- PMaspire
- ProofHub
- PSOhub
- RationalPlan
- Saviom
- ServiceNow
- Smartsheet
- TIS
- Wrike
- Zoho
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 269 |
| Published | April 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 2.5 Billion |
| Forecasted Market Value ( USD | $ 5.7 Billion |
| Compound Annual Growth Rate | 17.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
