GITNUXREPORT 2025

Project Management Industry Statistics

Project management industry grows, tool use boosts project success, demand rises significantly.

Jannik Lindner

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Key Statistics

Statistic 1

The average cost overrun on projects is 27%, representing a significant challenge in project management

Statistic 2

The IT sector accounts for over 20% of project management software usage globally

Statistic 3

The global project management software market is expected to reach $10.19 billion by 2023

Statistic 4

77% of high-performing projects use project management tools

Statistic 5

Agile project management approaches are used in 71% of organizations

Statistic 6

65% of organizations say project management significantly improves project delivery

Statistic 7

44% of projects fail due to poor scope management

Statistic 8

The construction industry has a project success rate of approximately 57%

Statistic 9

According to PMI’s Talent Gap report, there will be an increasing demand for project management professionals, with a need for 22 million new project management roles by 2030

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Key Highlights

  • The global project management software market is expected to reach $10.19 billion by 2023
  • 77% of high-performing projects use project management tools
  • 65% of organizations say project management significantly improves project delivery
  • The IT sector accounts for over 20% of project management software usage globally
  • 44% of projects fail due to poor scope management
  • The average cost overrun on projects is 27%, representing a significant challenge in project management
  • Agile project management approaches are used in 71% of organizations
  • The construction industry has a project success rate of approximately 57%
  • According to PMI’s Talent Gap report, there will be an increasing demand for project management professionals, with a need for 22 million new project management roles by 2030

The booming project management industry is transforming how organizations deliver success, with the global software market projected to hit over $10 billion by 2023 and an unstoppable rise in the adoption of Agile methodologies driving a substantial skills gap for the future.

Financial Impacts and Challenges

  • The average cost overrun on projects is 27%, representing a significant challenge in project management

Financial Impacts and Challenges Interpretation

A 27% cost overrun serves as a stark reminder that even the most meticulously planned projects can veer off course, underscoring the urgent need for sharper risk management and realistic budgeting in the industry.

Industry-Specific Trends

  • The IT sector accounts for over 20% of project management software usage globally

Industry-Specific Trends Interpretation

With the IT sector commanding over one-fifth of global project management software usage, it’s clear that even in this digital age, staying organized is a programming language of success.

Market Adoption and Performance

  • The global project management software market is expected to reach $10.19 billion by 2023
  • 77% of high-performing projects use project management tools
  • Agile project management approaches are used in 71% of organizations

Market Adoption and Performance Interpretation

With the project management software market soaring toward $10.19 billion and 77% of top-tier projects leveraging these tools—plus 71% embracing Agile methodologies—it's clear that today's successful projects are not just managed—they're strategically turbocharged in the digital era.

Project Success Factors

  • 65% of organizations say project management significantly improves project delivery
  • 44% of projects fail due to poor scope management
  • The construction industry has a project success rate of approximately 57%

Project Success Factors Interpretation

While 65% of organizations credit project management for better delivery, the fact that nearly half of projects falter due to scope missteps—highlighted by the construction industry's modest 57% success rate—reminds us that even in a well-managed world, clarity and control are paramount to building success.

Workforce Development

  • According to PMI’s Talent Gap report, there will be an increasing demand for project management professionals, with a need for 22 million new project management roles by 2030

Workforce Development Interpretation

As the project management talent gap widens to 22 million by 2030, the industry's forecast screams that, in the race against complex deadlines, we've got a skills shortage sprinting ahead—warning that the future of successful projects depends on closing this talent gap now.