According
to a new market research report "Task
Management Software Market by Business Function (Marketing, Human Resource,
Finance), Component (Software and Services), Deployment Type (Cloud and
On-Premises), Organization Size, Industry Vertical, and Region - Global
Forecast to 2023", published by MarketsandMarkets™, Task Management Software Market is expected to grow from USD
2.27 billion in 2018 to USD 4.33 billion by 2023, at a Compound Annual Growth
Rate (CAGR) of 13.7% during the forecast period.
For more Insights on this report, speak to our
analyst:
The
increasing need among enterprises to centrally manage and track tasks and the
necessity to enhance the efficiency of teams have led to the large-scale
adoption of the task management software. Due to an increase in the adoption of
cloud-based task management software and services among Small and Medium-sized
Enterprises (SMEs), Task Management Software Market is expected to gain
traction during the forecast period.
Browse and
in-depth TOC on " Task Management
Software Market "
69 - Tables
38 - Figures
154
- Pages
The
services segment is expected to grow at a higher CAGR during the forecast
period
The
services segment is expected to gain more traction during the forecast period.
Services are mostly post-sales services that are delivered to customers after
the purchase of a product. These services include designing, planning,
upgrading, and a host of other consulting services that are offered to clients.
The services team offers comprehensive services through the latest techniques
and tools, skills, knowledge, and strategies to address an organization’s task
management needs. Companies offering these services comprise consultants,
solution experts, and dedicated project management teams that specialize in
designing and delivering robust task management software and services.
The
marketing business function is expected to hold the largest market size during
the forecast period
The
marketing business function is expected to dominate Task Management Software
Market during 2018–2023. The marketing environment is constantly changing, and
organizations need a tool that can keep up with this ever-changing business
function. The marketing teams in organizations need a platform that can not
only store and organize multimedia such as graphics, videos, and audio but can
also provide mobile access. The task management software provides features such
as planning and scheduling, file and document sharing, discussion and message
boards, analytics and report, to manage tasks effectively and efficiently.
North
America is expected to hold the largest market size in the global task
management software market
North
America is expected to hold the largest market size during the forecast period,
as the region is extremely responsive toward the adoption of the latest
technological advancements. Having a robust task management system helps with
flexible planning and successful execution of projects. Enterprises aim to
promote collaborations among teams and improve the workforce utilization. There
is a growing need among enterprises to centrally manage and track tasks. These
factors together are driving the adoption of the task management software in
the region.
The
major vendors offering task management software and services across the globe
include Microsoft (US), Upland Software (US), Atlassian (Australia), Pivotal
Software (US), RingCentral (US), Azendoo (France), Asana (US), Bitrix (US),
Doist (Spain), monday.com (Israel), Quick Base (US), Redbooth (US), todo.vu
(Australia), Teamwork.com (Ireland), Workfront (US), Wrike (US), Zoho (US),
Airtable (US), Basecamp (US), Clarizen (US), Evernote Corporation (US),
Inflectra (US), MeisterLabs (Austria), Smartsheet (US), and TimeCamp (US).
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Research Insight@ https://www.marketsandmarkets.com/ResearchInsight/task-management-software-market.asp
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