North American Market Forecast
The agile project management software market in the North American is estimated to generate the largest share in the revenue of about 40% over the forecast period. This market is experiencing growth owing to the fact that some of the top software businesses in the world are based in this region, and they are actively investing in the creation of cutting-edge solutions to better serve their clientele. Moreover, this region has also observed a drastic rise in the number of large organizations which is further influencing the agile project management software market growth in this region. Additionally, large number of people in this region are shifting towards online shopping which has further flourished e-commerce business. Currently, over 69 percent of Americans shop online. There were about 267 million digital purchasers in the US in 2022 alone, and by 2025, that figure is probably going to rise to close to 286 million. Therefore, the adoption of agile project management software market is also estimated to grow. This is since, the needs of clients in the present day are changing quickly along with time. As a result, it becomes necessary to update and modify the e-commerce platform periodically to better meet the expectations of Gen-Z and Millennials. Hence, this could be managed with the utilization of this software.
APAC Market Analysis
The agile project management software market in the APAC region is also estimated to have notable growth in the industry over the forecast period. This is since organizations strive to become more efficient and adaptable, and there is a growing demand for digital transformation. Also, agile project management software is becoming more and more popular in the region as a result of the rise in startups and SMEs.
Author Credits: Abhishek Verma
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