Market Overview
Project management software is a software which is used for various purposes in a project, such as planning, scheduling, resource allocation, and change management. It allows project managers, stakeholders, and users to control costs and manage budgeting, quality management, and documentation and can also be used as an administration system.
The global project management software market was valued at USD 3 billion in 2018 and is expected to reach USD 7 billion by 2026 with a CAGR of 14% during the forecast period. Best Project management software incorporates various frameworks such as resources, financial, time and inventory management so that administrators can handle projects cooperatively from idea through to execution.
Competitive Leadership Mapping Terminology
The competitive leadership mapping showcased provides information for Project Management Solution. Vendor evaluations are based on two broad categories: product offering and business strategy. Each category carries various criteria, based on which vendors have been evaluated. The evaluation criteria considered under product offerings include the breadth of offering, delivery (based on industries that the vendors cater to, deployment models, and subscriptions), features/functionality, delivery, product quality and reliability, and product differentiation. The evaluation criteria considered under business strategy include geographic footprint (on the basis of geographic presence), channel strategy and fit, vision alignment, and effectiveness of growth (on the basis of innovations, partnerships, collaborations, and acquisitions).
Visionary Leaders
Monday.com, Asana, Smartsheet, Airtable, Trello, Basecamp, Wrike, Teamwork, MeisterTask, ClickUp, Workfront, Zoho Projects, and Aha! have been identified as visionary leaders in best Project Management software.
Read In-Detail About,“Top 8 Project Management Software’s and Their Features”, Here..!
Dynamic Differentiators
Easy Projects, Freedcamp, Flow, and Thrive have been recognized as dynamic differentiators in best Project Management software.
Innovators
ProofHub, Teamleader, Husky, Swit, Breeze, and Squish have been identified as an innovator in best Project Management software.
Emerging Companies
Redmine, WorkBook, Float Project Management, Trigger, Allegra, Forecast, OpenProject, Apptivo Project Management, Nifty, Orangescrum, Taiga, Linkd, Doddle Project Management software, Sheldon, Duet and COR have been identified as emerging companies in best Project Management software.