Agile Project Management Software Market Size

Agile Project Management Software Market size is expected to reach USD 11 billion by the end of 2036, growing at a CAGR of 14% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of agile project management was USD 4 billion. This growth of the agile project management software market is set to be influenced by rising remote working. Remote work environments are becoming commonplace. Over 11% of full-time employees worked from home in 2023. Meanwhile, a noteworthy of about 27% of workers have adjusted to a partially remote work arrangement.

Furthermore, the widespread use of distributed teams and remote work has increased since the COVID-19 epidemic. In this distant work environment, agile project management software proved crucial in promoting cooperation and preserving project visibility. With centralized access to project data, real-time updates, and virtual communication channels, the software helps teams manage projects successfully regardless of where they are physically located. Moreover, agile approaches are now widely used in many other fields, such as marketing, IT, software development, and more. Agile methods' collaborative and iterative nature has been proven to be beneficial in delivering initiatives with higher customer satisfaction and efficiency.