Global Scrum Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Scrum Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Scrum is an agile way to manage a project, usually software development. Agile software development with Scrum is often perceived as a methodology; but rather than viewing Scrum as methodology, think of it as a framework for managing a process.

Market Overview:

The latest research study on the global Scrum Software market finds that the global Scrum Software market reached a value of USD 230.65 million in 2022. It’s expected that the market will achieve USD 475.64 million by 2028, exhibiting a CAGR of 12.82% during the forecast period.

Direct negative impact on the industry

Although enterprise employees can work online, the communication efficiency of the home office is low, the communication cost is increased, and the work efficiency of employees is significantly reduced compared with before. At the same time, COVID-19 has hit other industries seriously. Some small and medium-sized downstream customers in the Scrum Software industry may experience a huge business crisis or even bankruptcy.

And for larger downstream customers, even if they are not at risk of bankruptcy, the company's expenditures that have been used in other fields including research, sales, marketing, and advanced technologies will be significantly reduced. The reduction of customers will have a significant negative impact on the development of the industry.

A new order in the scrum software industry

There are a certain number of small and medium-sized enterprises in the Scrum Software Industry. During the COVID-19 pandemic, these less powerful companies in the industry cannot withstand the negative impact of the epidemic and may be annexed or even face bankruptcy. With the increase in industry integration speed, large enterprises will have a more complete scale and industrial chain after integration, and the survived small enterprises can also find opportunities in it. Additionally, the crisis of COVID-19 can bring dislocated development opportunities for SMEs in the Scrum Software Industry who are deeply intensively working in a specific segment.

High demands on downstream customers

Scrum software also has strict requirements for downstream customers. First of all, scrum software is more suitable for small, fast-growing projects, which can clearly see the effect and obtain benefits in a short time; secondly, if the members of the project do not report the work progress in good faith and accurately, the project will always be Will not complete or fail. In addition, if the task is not clearly defined, the estimated project cost and time will be inaccurate. Therefore, the software requires a high degree of cooperation for the downstream customers to get the desired effect.

Inability to meet top management's needs for budget, scope and schedule control

Scrum software can help downstream customers get what they want, but downstream customers cannot know exactly how much it will cost, and it is also difficult for them to know how long the project or finished product will take, or the specific outcome of the product after completion.

Because it can only give a rough estimate of time and cost. In response to these rough estimates, many organizations have established time and cost caps. These caps are the maximum budget that should not be exceeded in the development of a given product or service, not an accurate cost forecast.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

Wrike is one of the major players operating in the Scrum Software market, holding a share of 8.01% in 2020.

Wrike

Wrike, Inc. operates as a collaborative work management platform. The Company offers a platform that allows startup, SMB, and enterprises with the tools, features, and integrations to manage, automate, and complete their work.

Zoho Sprints

Zoho provides software services. The Company develops application software. Zoho offers web meetings, online forums software, SharePoint integration, invoice, accounting software, email hosting, bug tracking, online note-taker, spreadsheets, presentation tool, and word processors.

Segmentation Overview:

As for product types, the Senior ($129+/Month) segment held the largest market share in 2021.

Application Overview:

By application, the Large Enterprises (1000+ Users) segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Scrum Software market covered in Chapter 3:

VivifyScrum
Atlassian
Agilefant
Monday.com
GoodDay Work
Wrike
ClickUp
Taiga.io
Zoho Sprints
Axosoft
GitScrum
Kagilum
ScrumDesk
Inflectra
Scrumwise
Bitrix
ScrumDo

In Chapter 4 and Chapter 14.2, on the basis of types, the Scrum Software market from 2018 to 2029 is primarily split into:

Basic (Under $59 /Month)
Standard ($59-129 /Month)
Senior ($129+/Month)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Scrum Software market from 2018 to 2029 covers:

Large Enterprises (1000+ Users)
Medium-Sized Enterprise (499-1000 Users)
Small Enterprises (1-499 Users)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)