GITNUX MARKETDATA REPORT 2024

Project Management Tools Industry Statistics

The Project Management Tools Industry is expected to experience steady growth in the coming years due to increasing demand for efficient project management solutions across various sectors.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we explore the latest statistics and trends shaping the project management tools industry. From the most popular tools among U.S. respondents to the projected market size and growth rates, these insights shed light on the evolving landscape of project management technology. Ready to dive into the numbers that matter? Let’s get started.

Statistic 1

"As of 2020, Microsoft Project, Trello, and Jira were the most popular project management tools amongst U.S. respondents."

Statistic 2

"Increased efficiency is the top reason (54%) businesses invest in project management technology."

Statistic 3

"By 2027, the global project management software systems market size is expected to reach $6.68 billion."

Statistic 4

"Size of the global project portfolio management market in 2020 was $4.2 billion."

Statistic 5

"SaaS-based project management tools market is estimated to grow at a CAGR of 14.9% by 2022."

Statistic 6

"83% of executive leaders understand the value of project management."

Statistic 7

"Mobile project management software adoption increased by 28% from 2015 to 2016."

Statistic 8

"The use of freelancers on project teams increased by 25% in 2020."

In conclusion, project management tools such as Microsoft Project, Trello, and Jira continue to dominate the industry, with increased efficiency being the primary driver for businesses investing in technology. The projected growth of the global project management software market indicates a strong demand for such tools in the coming years. The rise of SaaS-based solutions and the recognition of project management value by executive leaders further underscore the significance of embracing technology for effective project management. The increasing adoption of mobile project management software and utilization of freelancers on project teams highlight the evolving landscape of project management practices towards more flexible and collaborative approaches.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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