ai in project management market share, ai in project management market size, ai in project management market trends, ai in project management market analysis, ai in project management market overview, ai in project management market outlook
What Is The Expected Growth Rate And Market Size For The AI In Project Management Market?
The AI in project management market size has expanded rapidly in recent years. It is projected to grow from $3.08 billion in 2024 to $3.58 billion in 2025 at a compound annual growth rate (CAGR) of 16.3%. This growth can be attributed to the increasing adoption of industry 4.0 in the historic period.
The market size is expected to see rapid growth in the coming years, reaching $7.4 billion in 2029 at a CAGR of 19.9%. This significant growth in the forecast period can be attributed to the rising need for quality inspection and automation, government initiatives supporting industrial automation, and the integration of AI as well as increasing investments in AI technology and a growing corporate sector. Major trends for the coming period include predictive analytics and risk management, AI-powered resource optimization, personalized communication and engagement, adaptive learning algorithms, and advanced next-gen solutions.
Get Your Free Sample of The Global AI in Project Management Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12663&type=smp
https://www.thebusinessresearchcompany.com/sample.aspx?id=12663&type=smp
What Are The Key Factors Driving Growth In The AI In Project Management Market?
The expansion of various cloud operations is significantly contributing to the growth of the AI in the project management market. Cloud operations, such as managing workloads and IT service delivery, tuning, optimizing, and performing in a cloud environment, including multi-cloud, hybrid settings, data centers, and at the edge, are playing a vital role. Companies adopting the cloud are extensively using AI to manage their project management data, schedule and automate processes, improve decision-making, and create efficiencies in project developments.
What Are The Major Segments In The Global AI In Project Management Market?
1) By Type: Solutions, Services
2) By Deployment Model: Cloud, On-Premises
3) By Organization Size: Large Enterprises, Small And Medium Enterprises
4) By Application: Project Scheduling And Budgeting, Data Analytics, Reporting, And Visualization, Project Support And Administration, Project Data Management, Risk Management, Project Task Management, Multiple Serving
5) By End User: Banking, Financial Services And Insurance (BFSI), Retail And E-Commerce, IT And Telecom, Government And Defense, Energy And Utilities, Other End-Users
Order your report now for swift delivery:
Which Key Players Are Dominating The AI In Project Management Market?
Major companies operating in the AI in project management market include Amazon Web Services, Microsoft Corporation, Intel Corporation, International Business Machines Corporation, Deloitte, Oracle Corporation, SAP SE, Cognizant Technology Solutions Corporation, Adobe Inc., Wipro Ltd., ServiceNow Inc., Infor, Atlassian Corporation, Zoho Corporation, Smartsheet Inc., Automation Anywhere, Asana Inc., Hyperlink InfoSystem, AlphaSense Inc., Moveworks Inc., H2O.ai, Jasper AI inc., Aitheon, ALICE Technologies Inc., Deeper Insights, ProofHub LLC, Uizard Technologies.
What Are The Emerging Trends In The AI In Project Management Market?
Major trends include the development of user-friendly tools for project managers and team members, such as voice and text activation. For instance, in April 2024, Deltek, a US-based enterprise software company, launched Dela. This new AI tool streamlines project management by automating tasks, predicting success, and optimizing resource allocation. It uses machine learning to analyze past performance, providing actionable insights and reducing manual effort. The tool supports voice and text commands, making it user-friendly for all team members.
Which Region Is Expected To Grow The Fastest In The AI In Project Management Market?
North America was the largest region in the AI in project management market in 2024. However, the Asia-Pacific region is expected to be the fastest-growing region in the forecast period. The report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The AI In Project Management Market Report 2025 Offer?
The AI in project management involves leveraging artificial intelligence technologies and algorithms to optimize project management processes, automate tasks, and enhance decision-making. AI helps streamline operations, improve efficiency, and deliver projects successfully within set constraints such as time and budget while meeting the defined project objectives and acceptance criteria. The AI in Project Management Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12663
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12663
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
Twitter: https://twitter.com/tbrc_info
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
