Artificial Intelligence (AI) in Project Management Market
Artificial Intelligence (AI) in Project Management Market Size, Share & Trends Analysis Report by Component (Solutions and Service), by Mode (Cloud and On-Premises), by Application (Project Scheduling & Budgeting, Project Support & Administration, Project Data Management, Risk Management, Resource Allocation, Planning, & Forecasting, Project Task Management & Automation, Data Analytics, Reporting, & Visualization, and Project Monitoring), and by Vertical (BFSI, Healthcare & Life Sciences, Telecommunication, Government & Defense, IT & ITeS, and Others), Forecast Period (2023-2030)
AI in project management market is anticipated to grow at a CAGR of 17.4% during the forecast period (2023-2030). AI in project management is an automated software that can be described as the ability of machines to learn and work on their own, as well as to the ability of computers to analyze large amounts of data and make decisions based on that data. In project management, AI can be used to help manage projects by automating tasks, analyzing data, and making decisions. AI in Project Management Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. Companies today need AI to accelerate innovation, assess business conditions, and deliver new customer experiences. However, they frequently run into implementation issues ranging from a scarcity of data science expertise, difficulties in training models on relevant business data to getting their platform to work in a live environment. For an instance, in November 2021, Oracle announced availability of Oracle Cloud Infrastructure (OCI) AI services, a collection of services that make it easier for developers to apply AI services to their applications without requiring data science expertise. The new OCI AI services give developers the choice of leveraging out-of-the-box models that have been pre-trained on business-oriented data or custom training the services based on their organization’s own data. The six new services help developers with a range of complex tasks from language to computer vision, and time-series forecasts.
Segmental Outlook
The global AI in project management market is segmented on the component, mode, and application. Based on the component, the market is sub-segmented into solution and service. Based on the mode, the market is sub-segmented into cloud and on-premises. Further, on the basis of application, the market is sub-segmented into project scheduling & budgeting, project support & administration, project data management, risk management, resource allocation, planning, & forecasting, project task management & automation, data analytics, reporting, & visualization, and project monitoring. Based on the vertical, the market includes BFSI, healthcare & life sciences, telecommunication, government & defense, IT & ITeS, and others. Among the mode, the cloud sub-segment is anticipated to hold a considerable share of the market owing to the lack of physical hardware means updates, as issues such as user change details and installations can be carried out remotely.
The Services Sub-Segment is Anticipated to Hold a Considerable Share of the Global AI in Project Management Market
Among the components, the services sub-segment is expected to hold a considerable share of the global AI in project management market. The segmental growth is attributed to the increasing uncertainty and human errors causing lack of perfection and wastage of time lead to delay in work and project completion. Owing to which major small and mid-sized business organizations are using AI based services and investing in effective AI in project management solutions for their organizations.
Regional Outlook
The global AI in project management market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Asia-pacific is anticipated to hold a prominent share of the market across the globe, owing to its rapid adoption and various technological advancements. With developments in AI algorithms, machine learning (ML) techniques, and data processing capabilities, the application of AI in project management has become more sophisticated and effective.
Global Artificial Intelligence (AI) in Project management Market Growth by Region 2023-2030
North America is Expected to Grow at a Significant CAGR in the Global AI in Project Management Market
Among all regions, North America is anticipated to grow at a considerable CAGR over the forecast period. The regional growth is attributed to the increasing risk of uncertainty and project failure caused by improper planning. Countries including the US and Canada hold a strong position in advance technology industry owing to the wide presence of several AI-based software, solutions, and service providers and developers. Some of the major technology organizations includes Oracle, IBM, and Microsoft, among others. These players are considerably pushing the organizations of other sectors to adopt the AI for several application including project management. For instance, in March 2023, PwC UK announce to partner with security firm ReversingLabs to develop a 3rd party risk management (TPRM) platform to help businesses addressing software supply chain security risks. On the other hand, ReversingLabs aims to help customers modernize traditional TPRM programs to improved and modern software supply chain, as operationalizing detection and mitigation of threats are inherent in TPRM software.
Market Players Outlook
The major companies serving the AI in project management market include Adobe Inc., Google Inc., IBM Corp, Amazon Web Service Inc., Microsoft Corp, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in January 2023, The National Institute of Standards and Technology (NIST) released the NIST AI Risk Management Framework (AI RMF 1.0). The NIST AI RMF is a framework developed to manage risks to individuals, organizations, and society associated with AI. The framework is intended for voluntary use to improve the ability to incorporate trustworthiness considerations into the design, development, use, and evaluation of AI products, services, and systems.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global AI in project management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Adobe Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Google LLC
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. IBM Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Artificial Intelligence (AI) in Project Management Market by Component
4.1.1. Solution
4.1.1.1. Robotic Process Automation (RPA)
4.1.1.2. Chatbots & Intelligent Virtual Assistants
4.1.1.3. Predictive Analysis
4.1.1.4. Speech Recognition
4.1.2. Services
4.1.2.1. Consulting
4.1.2.2. Deployment & Integration
4.1.2.3. Support & Maintenance Services
4.2. Global AI in Project Management Market by Mode
4.2.1. Cloud
4.2.2. On-Premises
4.3. Global AI in Project Management Market by Application
4.3.1. Project Scheduling & Budgeting
4.3.2. Project Support & Administration
4.3.3. Project Data Management
4.3.4. Risk Management
4.3.5. Resource Allocation, Planning, & Forecasting
4.3.6. Project Task Management & Automation
4.3.7. Data Analytics, Reporting, & Visualization
4.3.8. Project Monitoring
4.4. Global AI in Project Management Market by Vertical
4.4.1. BFSI
4.4.2. Healthcare & Life Sciences
4.4.3. Telecommunications
4.4.4. Government & Defense
4.4.5. Information Technology (IT) & ITeS
4.4.6. Others (Retail & E-Commerce, Manufacturing)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aitheon
6.2. ALICE Technologies Inc.
6.3. Amazon Web Services Inc.
6.4. Clear Strategy Inc.
6.5. ClickUp
6.6. CodeComplete Inc.
6.7. Forecast Aps
6.8. Hitachi Ltd.
6.9. ImageGrafix Software FZCO
6.10. Intel Corp.
6.11. Lili.ai
6.12. Microsoft Corp.
6.13. Oracle Corp.
6.14. TIS Inc.
6.15. Zoho Corporation Pvt. Ltd .
1. GLOBAL AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
2. GLOBAL AI SOLUTIONS IN PROJECT MANAGEMENTON MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
3. GLOBAL AI SERVICES IN PROJECT MANAGEMENTON MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
4. GLOBAL AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
5. GLOBAL CLOUD-BASED AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
6. GLOBAL ON-PREMISES BASED AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
7. GLOBAL AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
8. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT SCHEDULING & BUDGETING MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
9. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT SUPPORT & ADMINISTRATION MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
10. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT DATA MANAGEMENT MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
11. GLOBAL AI IN PROJECT MANAGEMENT FOR RISK MANAGEMENT MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
12. GLOBAL AI IN PROJECT MANAGEMENT FOR RESOURCE ALLOCATION, PLANNING, & FORECASTING MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
13. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT TASK MANAGEMENT & AUTOMATION MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
14. GLOBAL AI IN PROJECT MANAGEMENT FOR DATA ANALYTICS, REPORTING, & VISUALIZATION MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
15. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT MONITORING MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
16. GLOBAL AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
17. GLOBAL AI IN PROJECT MANAGEMENT FOR BFSI MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
18. GLOBAL AI IN PROJECT MANAGEMENT FOR HEALTHCARE & LIFR SCIENCES MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
19. GLOBAL AI IN PROJECT MANAGEMENT FOR TELECOMMUNICATIONS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
20. GLOBAL AI IN PROJECT MANAGEMENT FOR GOVERNMENT & DEFENSE MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
21. GLOBAL AI IN PROJECT MANAGEMENT FOR IT & ITESMARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
22. GLOBAL AI IN PROJECT MANAGEMENT FOR OTHER VERTICALS MARKET RESEARCH AND ANALYSIS, 2022-2030 ($ MILLION)
23. GLOBAL AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
24. NORTH AMERICAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
25. NORTH AMERICAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
26. NORTH AMERICAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
27. NORTH AMERICAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
28. NORTH AMERICAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
29. EUROPEAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
30. EUROPEAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
31. EUROPEAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
32. EUROPEAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
33. EUROPEAN AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
34. ASIA- PACIFIC AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
35. ASIA- PACIFIC AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
36. ASIA- PACIFIC AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
37. ASIA-PACIFIC AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
38. ASIA-PACIFIC AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
39. REST OF THE WORLD AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
40. REST OF THE WORLD AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
41. REST OF THE WORLD AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY MODE, 2022-2030 ($ MILLION)
42. REST OF THE WORLD AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
43. REST OF THE WORLD AI IN PROJECT MANAGEMENT MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2022-2030 ($ MILLION)
1. GLOBAL AI IN PROJECT MANAGEMENT MARKET SHARE BY COMPONENT, 2022 VS 2030 (%)
2. GLOBAL AI SOLUTIONS IN PROJECT MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL AI SERVICES IN PROJECT MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL AI IN PROJECT MANAGEMENT MARKET SHARE ANALYSIS BY MODE, 2022-2030 ($ MILLION)
5. GLOBAL CLOUD-BASED AI IN PROJECT MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL ON-PREMISES BASED AI IN PROJECT MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL AI IN PROJECT MANAGEMENT MARKET SHARE ANALYSIS BY APPLICATION, 2022 VS 2030 (%)
8. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT SCHEDULING & BUDGETING MARKET SHARE BY REGION, 2022 VS 2030 (%))
9. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT SUPPORT & ADMINISTRATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT DATA MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL AI IN PROJECT MANAGEMENT FOR RISK MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL AI IN PROJECT MANAGEMENT FOR RESOURCE ALLOCATION, PLANNING, & FORECASTING MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT TASK MANAGEMENT & AUTOMATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL AI IN PROJECT MANAGEMENT FOR DATA ANALYTICS, REPORTING, & VISUALIZATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT MONITORING MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL AI IN PROJECT MANAGEMENT MARKET SHARE BY VERTICAL, 2022 VS 2030 (%)
17. GLOBAL AI IN PROJECT MANAGEMENT FOR BFSI MARKET SHARE BY REGION, 2022 VS 2030 (%)
18. GLOBAL AI IN PROJECT MANAGEMENT FOR HEALTHCARE & LIFR SCIENCES MARKET SHARE BY REGION, 2022 VS 2030 (%)
19. GLOBAL AI IN PROJECT MANAGEMENT FOR TELECOMMUNICATIONS MARKET SHARE BY REGION, 2022 VS 2030 (%)
20. GLOBAL AI IN PROJECT MANAGEMENT FOR GOVERNMENT & DEFENSE MARKET SHARE BY REGION, 2022 VS 2030 (%)
21. GLOBAL AI IN PROJECT MANAGEMENT FOR IT & ITES MARKET SHARE BY REGION, 2022 VS 2030 (%)
22. GLOBAL AI IN PROJECT MANAGEMENT FOR OTHER VERTICALS MARKET SHARE BY REGION, 2022 VS 2030 (%)
23.
24. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT SCHEDULING AND BUDGETING MARKET SHARE BY REGION, 2022 VS 2030 (%)
25. GLOBAL AI IN PROJECT MANAGEMENT FOR PROJECT MONITORING MARKET SHARE BY REGION, 2022 VS 2030 (%)
26. GLOBAL AI IN PROJECT MANAGEMENT FOR RESOURCE PLANNING MARKET SHARE BY REGION, 2022 VS 2030 (%)
27. GLOBAL AI IN PROJECT MANAGEMENT FOR RISK MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
28. GLOBAL AI IN PROJECT MANAGEMENT FOR DATA ANALYTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
29. GLOBAL AI IN PROJECT MANAGEMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
30. US AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
31. CANADA AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
32. UK AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
33. FRANCE AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
34. GERMANY AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
35. ITALY AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
36. SPAIN AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
37. REST OF EUROPE AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
38. INDIA AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
39. CHINA AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
40. JAPAN AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
41. SOUTH KOREA AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
42. REST OF ASIA-PACIFIC AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
43. REST OF THE WORLD AI IN PROJECT MANAGEMENT MARKET SIZE, 2022-2030 ($ MILLION)
