The Business Research Company’s AI In Project Management Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The AI In Project Management Global Market Report 2023 evaluates ai in project management market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global AI in project management market is poised for substantial growth. It is anticipated to transition from its 2022 valuation of $2.25 billion to $2.67 billion in 2023, showcasing an impressive Compound Annual Growth Rate (CAGR) of 18.5%.
However, the international stage has been marred by the Russia-Ukraine conflict, a significant disruptor of global economic recovery post-COVID-19. The repercussions of this geopolitical turmoil are extensive, featuring economic sanctions imposed on multiple nations, a substantial escalation in commodity prices, and disarray within global supply chains. These tumultuous effects have reverberated across the spectrum, spurring inflationary pressures on goods and services and impacting interest rates across the world’s markets.
Despite these challenges, the AI in project management market remains resilient. It is on course to reach $5.09 billion by 2027, characterized by a robust CAGR of 17.5%.
In conclusion, the global AI in project management market is an arena of significant promise, marked by its growth trajectory in the face of complex geopolitical and economic dynamics. It is a testament to the resilience and significance of AI in project management in today’s multifaceted global landscape.
The expansion of cloud operations represents a pivotal driver in the ongoing growth of the AI in project management market. Cloud operations encompass the orchestration of workloads and the delivery of IT services, spanning across various cloud environments, such as multi-cloud, hybrid, data center, and edge computing. The fusion of artificial intelligence (AI) with project management is intrinsically linked to cloud operations, as it is within these environments that AI tools are harnessed and deployed.
Companies that embrace cloud technologies are increasingly harnessing AI’s capabilities to streamline project management processes. This entails the optimization of project data, scheduling, and the automation of essential procedures, ultimately enhancing decision-making and operational efficiencies in project development.
For instance, in June 2022, Eurostat, the directorate-general of the European Commission based in Luxembourg, revealed that within the European Union, the adoption of cloud computing services surged from 36% in 2020 to 41% in 2021. Notably, 73% of these companies opted for high-end cloud services for diverse purposes, ranging from hosting databases to bolstering security software applications and creating, testing, and deploying software applications.
In summary, the expanding domain of cloud operations plays an instrumental role in shaping the AI in project management market. It mirrors the overarching trend of companies increasingly leveraging cloud-based technologies to harness the transformative power of AI for more efficient and data-driven project management, underscoring its role as a pivotal driver of growth in this sector.
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The ai in project management market segments in the report are:
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
Top Major Players
Amazon Web Services
Microsoft Corporation
Intel Corporation
International Business Machines Corporation
Deloitte
The table of contents in TBRC’s ai in project management market report includes:
1. Executive Summary
2. AI in Project Management Market Characteristics
3. AI in Project Management Market Trends And Strategies
4. AI in Project Management Market – Macro Economic Scenario
5. Global AI in Project Management Market Drivers and Restraints
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32. Global AI in Project Management Market Competitive Benchmarking
33. Global AI in Project Management Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AI in Project Management Market
35. AI in Project Management Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global AI in Project Management Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global AI in Project Management Market, Segmentation By Deployment Model, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global AI in Project Management Market, Segmentation By Organization Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 76: Amazon Web Services Financial Performance
Table 77: Microsoft Corporation Financial Performance
Table 78: Intel Corporation Financial Performance
Table 79: International Business Machines Corporation Financial Performance
Table 80: Deloitte Financial Performance
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