Growth Factors of Task Management Software Market
The Task Management Software market size was valued at USD 1.713 billion in 2018, and the market is now projected tgrow from USD 1.713 billion in 2018 tUSD 4.535 billion by 2026, exhibiting a CAGR of 13.3% during the forecast period of 2019-2026.
The COVID-19 pandemic substantially impacted the Task Management Software market growth, riding big growth because of the speedy shift in the direction of remote and hybrid painting fashions. With companies globally transitioning tdigital answers tkeep productivity and collaboration, demand for undertaking control equipment surged. Organisations prioritised gear that streamlined workflows, better team communique, and ensured undertaking visibility across allotted teams. This brought about increased adoption of cloud-based structures and integrated answers. However, small and medium-sized establishments (SMEs) face financial uncertainties and budget constraints when starting with confined marketplace expansion. Despite these challenges, the necessity for virtual transformation and lengthy-term far-off painting techniques located the venture management software market for sustained growth publish-pandemic.
Over the previous couple of years, AI and ML have made a huge impact on how venture control software is revolutionising. AI-based totally assignment management software includes the understanding and ability tcarry out sports tobtain precise corporate goals and can increase productivity and reduce mistakes considerably. With the appearance of AI, businesses have the capability not best timprove and manipulate day-to-day activities and plan destiny commercial enterprise techniques. Advancements within the discipline of AI have reduced human mistakes, thereby enabling the team of workers tbe engaged in higher and more profitable tasks. AI-based task management software program allows the Task Management Software market share tkeep growing.
Additionally, undertaking control software offers businesses a unified view of duties and trends and removes confusion and miscommunication among groups. Managing all duties assists organisations in saving time, heading off the loss of facts, and tracking duties tstay on timetable.
Comprehensive Analysis of Task Management Software Market
The mission management software program marketplace is segmented based totally on components, business enterprise size, deployment type, and quit-user industries. By components, the marketplace is divided intsoftware programs and offerings, with the software program phase expected tdominate because of its adoption for a group of workers’ optimisation and venture replication. Based on corporation size, SMEs are increasingly adopting those solutions tdecorate efficiency, reduce expenses, and streamline workflows. In terms of deployment, cloud-based solutions lead the marketplace, imparting secure, scalable, and remotely accessible infrastructure. Among cease-users, the BFSI area sticks out for leveraging challenge management software in virtual transformation, automation, danger management, and enhancing collaboration alongside different industries like IT, healthcare, retail, and manufacturing, driving the market increase.
North America is predicted tpreserve the largest marketplace proportion inside the global assignment management software program marketplace. In 2018, North America generated a revenue of USD 578.4 million and is expected treach as much as USD 1,406.0 Million by 2026.
Key players in the collaborative software and productiveness tools market include Microsoft Corporation (USA), Upland Software, Inc. (USA), Atlassian (Australia), RingCentral, Inc. (USA), Pivotal Software, Inc. (USA), monday.Com (Israel), Asana, Inc. (USA), and AZENDOO (France). These businesses are instrumental in offering innovative answers tdecorate group collaboration and workflow efficiency across industries.
In January 2020, Upland Software, Inc., one of the prominent gamers in cloud-primarily based agency work management software programs, launched Upland Intelligent Capture, an approach tcease-to-quit document workflow automation. This answer offers clients stable record seize, agency-class fax with stable record distribution with sturdy document and workflow automation.
Segmentation Table
Global Task Management Software Market Scope
Study Period 2015-2026
Base Year 2018
Forecast Period 2019-2026
Growth Rate CAGR of 13.3% from 2024-2032
Historical Period 2015-2017
Unit Value (USD Billion)
Segmentation By component, organization size, deployment, End-User, and Region
By component
- Software
- Services
Integration and Implementation
Support and Maintenance
By organization size
- SMEs
- Large Enterprises
- Cloud
- On-Premises
- Banking, Financial Services, and Insurance (BFSI)
- IT and Telecommunications
- Retail
- Healthcare
- Manufacturing
- Travel and Hospitality
- Media and Entertainment
- Others
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Italy, Spain, Netherlands, and Rest of Europe)
- Asia Pacific (China, Japan, India, Southeast Asia, and Rest of Asia Pacific)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
- Latin America (Brazil, Mexico, Argentina, and Rest of Latin America)
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Drivers, Restraints and Opportunities
- 3.2. Emerging Trends
- 4. Industrial Use Cases
- 4.1. Use Case #1
- 4.2. Use Case #2
- 4.3. Use Case #3
- 5. Key Insights
- 5.1. Macro and Micro Economic Indicators
- 5.2. Consolidated SWOT Analysis of Key Players
- 6. Global Task Management Software Market Analysis, Insights and Forecast, 2015-2026
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecasts
- 6.2.1. By Component (Value)
- 6.2.1.1. Software
- 6.2.1.2. Services
- 6.2.1.2.1. Consulting
- 6.2.1.2.2. Integration and Implementation
- 6.2.1.2.3. Support and Maintenance
- 6.2.2. By Organization Size (Value)
- 6.2.2.1. SMEs
- 6.2.2.2. Large Enterprises
- 6.2.3. By Deployment (Value)
- 6.2.3.1. Cloud
- 6.2.3.2. On-Premises
- 6.2.4. By End-User (Value)
- 6.2.4.1. Banking, Financial Services, and Insurance (BFSI)
- 6.2.4.2. IT and Telecommunications
- 6.2.4.3. Retail
- 6.2.4.4. Healthcare
- 6.2.4.5. Manufacturing
- 6.2.4.6. Travel and Hospitality
- 6.2.4.7. Media and Entertainment
- 6.2.4.8. Others
- 6.2.5. By Region (Value)
- 6.2.5.1. North America
- 6.2.5.2. Europe
- 6.2.5.3. Asia Pacific
- 6.2.5.4. Middle East and Africa
- 6.2.5.5. Latin America
- 7. North America Task Management Software Market Analysis, Insights and Forecast, 2015-2026
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecasts
- 7.2.1. By Component (Value)
- 7.2.1.1. Software
- 7.2.1.2. Services
- 7.2.1.2.1. Consulting
- 7.2.1.2.2. Integration and Implementation
- 7.2.1.2.3. Support and Maintenance
- 7.2.2. By Organization Size (Value)
- 7.2.2.1. SMEs
- 7.2.2.2. Large Enterprises
- 7.2.3. By Deployment (Value)
- 7.2.3.1. Cloud
- 7.2.3.2. On-Premises
- 7.2.4. By End-User (Value)
- 7.2.4.1. Banking, Financial Services, and Insurance (BFSI)
- 7.2.4.2. IT and Telecommunications
- 7.2.4.3. Retail
- 7.2.4.4. Healthcare
- 7.2.4.5. Manufacturing
- 7.2.4.6. Travel and Hospitality
- 7.2.4.7. Media and Entertainment
- 7.2.4.8. Others
- 7.2.5. By Country (Value)
- 7.2.5.1. US
- 7.2.5.2. Canada
- 8. Europe Task Management Software Market Analysis, Insights and Forecast, 2015-2026
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecasts
- 8.2.1. By Component (Value)
- 8.2.1.1. Software
- 8.2.1.2. Services
- 8.2.1.2.1. Consulting
- 8.2.1.2.2. Integration and Implementation
- 8.2.1.2.3. Support and Maintenance
- 8.2.2. By Organization Size (Value)
- 8.2.2.1. SMEs
- 8.2.2.2. Large Enterprises
- 8.2.3. By Deployment (Value)
- 8.2.3.1. Cloud
- 8.2.3.2. On-Premises
- 8.2.4. By End-User (Value)
- 8.2.4.1. Banking, Financial Services, and Insurance (BFSI)
- 8.2.4.2. IT and Telecommunications
- 8.2.4.3. Retail
- 8.2.4.4. Healthcare
- 8.2.4.5. Manufacturing
- 8.2.4.6. Travel and Hospitality
- 8.2.4.7. Media and Entertainment
- 8.2.4.8. Others
- 8.2.5. By Country (Value)
- 8.2.5.1. UK
- 8.2.5.2. Germany
- 8.2.5.3. France
- 8.2.5.4. Italy
- 8.2.5.5. Spain
- 8.2.5.6. Netherlands
- 8.2.5.7. Rest of Europe
- 9. Asia Pacific Task Management Software Market Analysis, Insights and Forecast, 2015-2026
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecasts
- 9.2.1. By Component (Value)
- 9.2.1.1. Software
- 9.2.1.2. Services
- 9.2.1.2.1. Consulting
- 9.2.1.2.2. Integration and Implementation
- 9.2.1.2.3. Support and Maintenance
- 9.2.2. By Organization Size (Value)
- 9.2.2.1. SMEs
- 9.2.2.2. Large Enterprises
- 9.2.3. By Deployment (Value)
- 9.2.3.1. Cloud
- 9.2.3.2. On-Premises
- 9.2.4. By End-User (Value)
- 9.2.4.1. Banking, Financial Services, and Insurance (BFSI)
- 9.2.4.2. IT and Telecommunications
- 9.2.4.3. Retail
- 9.2.4.4. Healthcare
- 9.2.4.5. Manufacturing
- 9.2.4.6. Travel and Hospitality
- 9.2.4.7. Media and Entertainment
- 9.2.4.8. Others
- 9.2.5. By Country (Value)
- 9.2.5.1. China
- 9.2.5.2. Japan
- 9.2.5.3. India
- 9.2.5.4. South East Asia
- 9.2.5.5. Rest of APAC
- 10. Middle East and Africa Task Management Software Market Analysis, Insights and Forecast, 2015-2026
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecasts
- 10.2.1. By Component (Value)
- 10.2.1.1. Software
- 10.2.1.2. Services
- 10.2.1.2.1. Consulting
- 10.2.1.2.2. Integration and Implementation
- 10.2.1.2.3. Support and Maintenance
- 10.2.2. By Organization Size (Value)
- 10.2.2.1. SMEs
- 10.2.2.2. Large Enterprises
- 10.2.3. By Deployment (Value)
- 10.2.3.1. Cloud
- 10.2.3.2. On-Premises
- 10.2.4. By End-User (Value)
- 10.2.4.1. Banking, Financial Services, and Insurance (BFSI)
- 10.2.4.2. IT and Telecommunications
- 10.2.4.3. Retail
- 10.2.4.4. Healthcare
- 10.2.4.5. Manufacturing
- 10.2.4.6. Travel and Hospitality
- 10.2.4.7. Media and Entertainment
- 10.2.4.8. Others
- 10.2.5. By Country (Value)
- 10.2.5.1. GCC
- 10.2.5.2. South Africa
- 10.2.5.3. Rest of Middle East & Africa
- 11. Latin America Task Management Software Market Analysis, Insights and Forecast, 2015-2026
- 11.1. Key Findings / Summary
- 11.2. Market Size Estimates and Forecasts
- 11.2.1. By Component (Value)
- 11.2.1.1. Software
- 11.2.1.2. Services
- 11.2.1.2.1. Consulting
- 11.2.1.2.2. Integration and Implementation
- 11.2.1.2.3. Support and Maintenance
- 11.2.2. By Organization Size (Value)
- 11.2.2.1. SMEs
- 11.2.2.2. Large Enterprises
- 11.2.3. By Deployment (Value)
- 11.2.3.1. Cloud
- 11.2.3.2. On-Premises
- 11.2.4. By End-User (Value)
- 11.2.4.1. Banking, Financial Services, and Insurance (BFSI)
- 11.2.4.2. IT and Telecommunications
- 11.2.4.3. Retail
- 11.2.4.4. Healthcare
- 11.2.4.5. Manufacturing
- 11.2.4.6. Travel and Hospitality
- 11.2.4.7. Media and Entertainment
- 11.2.4.8. Others
- 11.2.5. By Country (Value)
- 11.2.5.1. Brazil
- 11.2.5.2. Argentina
- 11.2.5.3. Mexico
- 11.2.5.4. Rest of LATAM
- 12. Competition Matrix
- 12.1. Business Strategies Adopted by Leading Players
- 13. Global Task Management Software Market Revenue Share Analysis, By Key Players, 2018
- 14. Company Profile
- 14.1. Microsoft Corporation
- 14.1.1. Overview
- 14.1.2. Description
- 14.1.3. Product Portfolio
- 14.1.4. Financials (Data as available in public domain and/or on paid databases)
- 14.1.5. Recent Developments
- 14.2. Upland Software, Inc.
- 14.2.1. Overview
- 14.2.2. Description
- 14.2.3. Product Portfolio
- 14.2.4. Financials (Data as available in public domain and/or on paid databases)
- 14.2.5. Recent Developments
- 14.3. Atlassian
- 14.3.1. Overview
- 14.3.2. Description
- 14.3.3. Product Portfolio
- 14.3.4. Financials (Data as available in public domain and/or on paid databases)
- 14.3.5. Recent Developments
- 14.4. RingCentral, Inc.
- 14.4.1. Overview
- 14.4.2. Description
- 14.4.3. Product Portfolio
- 14.4.4. Financials (Data as available in public domain and/or on paid databases)
- 14.4.5. Recent Developments
- 14.5. Pivotal Software, Inc.
- 14.5.1. Overview
- 14.5.2. Description
- 14.5.3. Product Portfolio
- 14.5.4. Financials (Data as available in public domain and/or on paid databases)
- 14.5.5. Recent Developments
- 14.6. monday.com
- 14.6.1. Overview
- 14.6.2. Description
- 14.6.3. Product Portfolio
- 14.6.4. Financials (Data as available in public domain and/or on paid databases)
- 14.6.5. Recent Developments
- 14.7. Asana, Inc.
- 14.7.1. Overview
- 14.7.2. Description
- 14.7.3. Product Portfolio
- 14.7.4. Financials (Data as available in public domain and/or on paid databases)
- 14.7.5. Recent Developments
- 14.8. AZENDOO
- 14.8.1. Overview
- 14.8.2. Description
- 14.8.3. Product Portfolio
- 14.8.4. Financials (Data as available in public domain and/or on paid databases)
- 14.8.5. Recent Developments
- 14.9. Quick Base
- 14.9.1. Overview
- 14.9.2. Description
- 14.9.3. Product Portfolio
- 14.9.4. Financials (Data as available in public domain and/or on paid databases)
- 14.9.5. Recent Developments
- 14.10. REDBOOTH
- 14.10.1. Overview
- 14.10.2. Description
- 14.10.3. Product Portfolio
- 14.10.4. Financials (Data as available in public domain and/or on paid databases)
- 14.10.5. Recent Developments
- 14.11. todo.vu
- 14.11.1. Overview
- 14.11.2. Description
- 14.11.3. Product Portfolio
- 14.11.4. Financials (Data as available in public domain and/or on paid databases)
- 14.11.5. Recent Developments
- 14.12. Workfront, Inc.
- 14.12.1. Overview
- 14.12.2. Description
- 14.12.3. Product Portfolio
- 14.12.4. Financials (Data as available in public domain and/or on paid databases)
- 14.12.5. Recent Developments
- 14.13. Zoho Corporation Pvt, Ltd.
- 14.13.1. Overview
- 14.13.2. Description
- 14.13.3. Product Portfolio
- 14.13.4. Financials (Data as available in public domain and/or on paid databases)
- 14.13.5. Recent Developments
- 14.14. Evernote Corporation
- 14.14.1. Overview
- 14.14.2. Description
- 14.14.3. Product Portfolio
- 14.14.4. Financials (Data as available in public domain and/or on paid databases)
- 14.14.5. Recent Developments
- 14.15. Meister
- 14.15.1. Overview
- 14.15.2. Description
- 14.15.3. Product Portfolio
- 14.15.4. Financials (Data as available in public domain and/or on paid databases)
- 14.15.5. Recent Developments
- 14.16. Workfront, Inc.
- 14.16.1. Overview
- 14.16.2. Description
- 14.16.3. Product Portfolio
- 14.16.4. Financials (Data as available in public domain and/or on paid databases)
- 14.16.5. Recent Developments
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