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Online Project Management Software Market to grow by USD 4.34 billion from 2022 to 2027, Increasing integration of social media with project management software drives the market - TechnavioNEW YORK, Jan. 5, 2024 /PRNewswire/ -- The "Online Project Management Software Market by End-user (Enterprises and Government), Deployment (On-premises and Cloud), and Geography (North America, Europe, APAC, Middle East and Africa, and South America) - Forecast and Analysis 2023-2027" report has been added to technavio offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the online project management software market between 2022 and 2027 is USD 4.34 billion.
The increasing integration of social media with project management software is notably driving market growth. Companies are increasingly using social networks as a major component of their digital marketing strategies. By integrating social media with online project management software, companies can provide employees with social workflow opportunities even when working outside the corporate firewall. A social workflow can consist of a set of service-oriented application interfaces (APIs) or a standalone feature with integrated applications that work with other messaging or business applications. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here Market Challenge High implementation and operating costs are major challenges impeding market growth. Cloud-based project management software typically requires users to pay a subscription fee. The cost of the subscription can be based on the user's specific needs, such as custom features, storage capacity, remote access, and advanced support. On the other hand, cloud-based portfolio management software is generally expensive and the price often varies based on the number of users. Although the initial cost of cloud-based applications tends to be lower than on-premises applications, over time the costs can add up. This is because suppliers often require annual or quarterly orders to grow their customer base, which results in additional charges for extra services. Learn about additional key drivers, trends, and challenges available with Technavio. Read Sample PDF Report Now The online project management software market has segmented by End-user (Enterprises and Government), Deployment (On-premises and Cloud), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
View Free Sample Report for insights into the contribution of all the segments and regional opportunities in the report. Key Companies in the online project management software market: Apptio Inc, Atlassian Corp. Plc, Basecamp LLC, Citrix Systems Inc., Clarizen Inc., LiquidPlanner Inc., Mavenlink Inc., Microsoft Corp., monday.com Ltd., Planbox Inc, Premiere Global Services Inc., ProjectManager.com Inc., Redbooth, Scoro Software, TeamGantt, Teamwork Crew Ltd., Workfront Inc., Wrike Inc., Zoho Corp. Pvt. Ltd., and ActiveCollab LLC Related Reports: The cloud-based ITSM market is estimated to grow at a CAGR of 15.08% between 2022 and 2027. The size of the market is forecast to increase by USD 6,094.37 million. The construction management software market is estimated to grow at a CAGR of 10.14% between 2022 and 2027. The size of the market is forecast to increase by USD 986.36 million
ToC: Executive Summary Market Landscape Market Sizing Historic Market Sizes Five Forces Analysis Market Segmentation by End-user Market Segmentation by Deployment Market Segmentation by Geography Customer Landscape Geographic Landscape Drivers, Challenges, & Trends Company Landscape Company Analysis Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research
SOURCE Technavio 
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