Project Management Software Market Size

Project Management Software Market size was valued at USD 11.15 billion in 2024 and is likely to exceed USD 100.61 billion by the end of 2037, registering over 18.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of project management software is evaluated at USD 12.79 billion.

The market is expected to grow exponentially owing to the escalating activities of business process automation. Businesses rely more on automation processes, mainly for automated order entry, email automation, automated batch processing, file transfer, automated report generation and distribution. For instance, around 60% of enterprises were noticed to be utilizing business process automation activities to acquire more visibility in 2022. Additionally, 25% of enterprises were planning to adopt business automation activities during the forecast period.

Furthermore, the global project management software market is also projected to grow on account of the higher demand for task management across different cultures and various geographical regions. Project management is divided into four categories, technical, supportive, adventurous, and expert project manager. It is observed that approximately 10% of resources are wasted owing to poor project management per day. The value of project management can be observed in recent decades when digitalization is at its peak. In 2018, it is believed and admitted by almost 85% of senior executives that the value of project management is fully understood by their enterprises. Hence, all these factors are anticipated to propel the growth of the market over the forecast period.