The global artificial intelligence (AI) in project management market is anticipated to grow at a CAGR of 17.4% during the forecast period (2023-2030). The utilization and development of AI-based tools and software have witnessed an exponential increase among organizations around the globe. In recent years, businesses have involved AI to automate and optimize processes, including planning, forecasting, and decision-making. Now, generative AI is emerging as a game-changing technology that holds the promise of modernizing work practices and driving innovation across ERP systems. It facilitates streamlined operations and accelerates actionable insights. For instance, in June 2023, Microsoft announced to launch Dynamics 365 Copilot, which takes advantage of recent advancements in generative AI to automate complete tasks and unlock the full creativity of the workforce. Shared how generative AI can be applied to key supply chain processes, and it introducing more AI-powered assistance across our ERP portfolio, included in Microsoft Dynamics 365 Finance, Dynamics 365 Project Operations, and Dynamics 365 Supply Chain Management. To activate these new Copilot features within Dynamics 365 products, work with user’s IT admin.
Browse the full report description of “Artificial Intelligence (AI) in Project Management Market Size, Share & Trends Analysis Report by Component (Solutions and Service), by Mode (Cloud and On-Premises), by Application (Project Scheduling & Budgeting, Project Support & Administration, Project Data Management, Risk Management, Resource Allocation, Planning, & Forecasting, Project Task Management & Automation, Data Analytics, Reporting, & Visualization, and Project Monitoring), and by Vertical (BFSI, Healthcare & Life Sciences, Telecommunication, Government & Defense, IT & ITeS, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/ai-in-project-management-market
Another factor supporting the market growth includes the growing adoption of strategic initiatives by various market key players such as partnership, merger, acquisition and product launch. For instance, in July 2023, EHS Risk Management and readykey strategically partnered to Mobilize Safety Management Systems. The collaboration will incorporate EHS Risk Management’s offers of the EHS Risk Manager, EHS Portal, and EHS Network with readykey's mobile app offer, delivering a modernized mobile application experience for shared clients. By providing mutual clients the ability to manage risk and engage the workforce on the go, the collaboration offers the opportunity to strengthen business mobility, sustainability and performance.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Vertical
o By Category
o By Mode
o By application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Adobe Inc., Google Inc., IBM Corp, Amazon web service Inc., Microsoft Corp and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Artificial Intelligence (AI) in Project Management Market Report Segment
By Component
• Solution
o Robotic Process Automation (RPA)
o Chatbots & Intelligent Virtual Assistants
o Predictive Analysis
o Speech Recognition
• Services
o Consulting
o Deployment & Integration
o Support & Maintenance Services
By Mode
By Application
By Vertical
Global Artificial Intelligence (AI) in Project Management Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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