Kanban Software Market By Enterprise Size (Large Enterprise, Small and Medium-sized Enterprise) , By Deployment Mode (On-premise, Cloud) By Industry Vertical (IT and Telecom, BFSI, Healthcare, Manufacturing, Education, Government, others) : Global Opportunity Analysis and Industry Forecast, 2024-2032
Kanban Software Market
The Kanban software market was valued at $327.5 billion in 2023 and is projected to reach $1521.8 billion by 2032, growing at a CAGR of 18.3% from 2024 to 2032.
Kanban software is a digital application built on the Kanban methodology that aims to assist individuals, teams, & organizations in monitoring their workflow and visualizing the progress of projects. The methodology comprises a visual task board, which is divided into different columns to represent different stages of workflow. The key features of Kanban software include its customizability, work-in-progress limits, task prioritization, team collaboration, integration with other tools for enhanced productivity, analytics & reporting, and automation.
Rise in inclination toward an agile working culture to promote flexibility, quick decision-making, and productivity in organizations is a key driver of the Kanban software market. In addition, increase in need for real-time communication across teams and organizations due to upsurge in remote work culture augments the development of the market significantly. Furthermore, enhanced transparency and work progress tracking propels the development of the Kanban software market. The integration of AI algorithms is a current trend gaining prominence in the Kanban software market as it accelerates the decision-making process through its predictive insights and remarkable accuracy. This integration enhances the capabilities of the software in guiding operational activities of organizations.
However, understanding the entire working principle and management of boards in the Kanban software is a complicated process that deters several organizations from its adoption, restraining the development of the market. Moreover, the task simplification attribute of the software remains ineffective on large-scale complex projects, thereby limiting its applicability and hampering the market growth significantly. On the contrary, the integration of the software with customer relationship management (CRM) systems is projected to present lucrative opportunities for the market. CRM systems are essential tools for enhancing the visualization of businesses as they manage interaction with existing and potential customers. As per a report by McKinsey and Co.—an American consulting firm—CRM systems increase customer-facing time, customer satisfaction, & efficiency improvements by 10-15% and upsurge the potential of sales up to 10%. Therefore, the assimilation between Kanban software and CRM systems is poised to open new avenues for the market expansion.
Segment ReviewThe Kanban software market is segmented into enterprise size, deployment mode, industry vertical, and region. On the basis of enterprise size, the market is bifurcated into large enterprise and small- & medium-sized enterprise. Depending on deployment mode, it is divided into on-premise and cloud. As per industry vertical, it is classified into IT & telecom, BFSI, healthcare, manufacturing, education, government, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key FindingsOn the basis of enterprise size, the large enterprise segment dominated the market in 2023.
Depending on deployment mode, the cloud segment held a high share of the market in 2023.
As per industry vertical, the IT & telecom segment acquired a high stake in the market in 2023.
Region wise, North America was the highest revenue generator in 2023.
Competition AnalysisThe major players in the global Kanban software market include LeanKit, Kanbanize, SwiftKanban, One2Team, Kanbanflow, Kanbanchi, Targetprocess, Trello, Aha!, Kanban Tool, Smartsheet, Scrumwise, Kanbanery, and ZenHub. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.
Key Market SegmentsBy Enterprise SizeLarge Enterprise
Small and Medium-sized Enterprise
By Deployment ModeOn-premise
Cloud
By Industry VerticalIT and Telecom
BFSI
Healthcare
Manufacturing
Education
Government
others
By RegionNorth America
U.S.
Canada
Europe
France
Germany
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersLeanKit
Kanbanize
SwiftKanban
One2Team
Kanbanflow
Kanbanchi
Targetprocess
Trello
Aha!
Kanban Tool
Smartsheet
Scrumwise
Kanbanery
ZenHub