The North America AI in Project Management Market would witness market growth of 16.6% CAGR during the forecast period (2022-2028).
Project managers can benefit from AI's useful pattern-monitoring capabilities. According to studies, administrative duties like maintaining updates and dealing with check-ins take up more than half the time project managers allot to them. With existing solutions lowering time spent on tedious work in half, AI bots can step up and do these less demanding duties for the project manager. This huge time saver enables project managers to concentrate more on the intricate procedures that support their management approach. Furthermore, it gives a chance to focus more on the staff, which can help managers empower them and increase efficiency.
The automation of risk management is one of the most advanced areas of project management. New tools employ big data and machine learning to aid executives and project managers in foreseeing hazards that could otherwise go undiscovered. These tools can already suggest risk-reducing measures, and soon they can modify plans autonomously to avoid particular dangers. Similar strategies will soon make project description, planning, and reporting easier. These activities now require much time, repetition, and manual labor. Natural language processing, machine learning, and plain text production will result in successful endeavors.
The US has also launched a multi-stakeholder initiative called the "Global Partnership on Artificial Intelligence" (GPAI), which brings together expert opinions while preserving individual freedom. In addition, many organizations, notably the Office of the Under Secretary of State for Economic Development, Energy, and the Environment, support US scientific and technological businesses through international AI R&D alliances. These government initiatives will encourage individuals to invest more in R&D for artificial intelligence (AI) projects, increasing demand for such products. This will tremendously aid in expanding regional AI in project management market in the coming years.
The US market dominated the North America AI in Project Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,550 million by 2028. The Canada market is poised to grow at witness a CAGR of 19.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 18.2% during (2022 - 2028).
Based on Application, the market is segmented into Project Data Management, Project Scheduling & Budgeting, Project Monitoring, Support & Administration, Resource Allocation, Planning & Forecasting, Risk Management, Data Analytics, Reporting & Visualization and Others. Based on Vertical, the market is segmented into Telecom, IT & ITeS, Construction & Engineering, Government & Defense, BFSI, Healthcare & Life Sciences, Retail & eCommerce, Energy & Utilities, Manufacturing and Others. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Component, the market is segmented into Solution (Predictive Analytics, Robotic Process Automation, Speech Recognition and Chatbots & Intelligent Virtual Assistant) and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide AI in Project Management Market is Projected to reach USD 5.5 Billion by 2028, at a CAGR of 17.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Hitachi, Ltd. (Hitachi Energy Ltd.), Oracle Corporation, Adobe, Inc., Microsoft Corporation, ServiceNow, Inc., Atlassian Corporation PLC, PMaspire Singapore PTE Ltd., ALICE Technologies, Inc. and Aitheon.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Project Data Management, Project Scheduling & Budgeting
- Project Monitoring, Support & Administration
- Resource Allocation, Planning & Forecasting
- Risk Management
- Data Analytics, Reporting & Visualization
- Others
By Vertical
- Telecom, IT & ITeS
- Construction & Engineering
- Government & Defense
- BFSI
- Healthcare & Life Sciences
- Retail & eCommerce
- Energy & Utilities
- Manufacturing
- Others
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Component
- Solution
- Predictive Analytics
- Robotic Process Automation
- Speech Recognition
- Chatbots & Intelligent Virtual Assistant
- Services
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- Oracle Corporation
- Adobe, Inc.
- Microsoft Corporation
- ServiceNow, Inc.
- Atlassian Corporation PLC
- PMaspire Singapore PTE Ltd.
- ALICE Technologies, Inc.
- Aitheon
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI in Project Management Market, by Application
1.4.2 North America AI in Project Management Market, by Vertical
1.4.3 North America AI in Project Management Market, by Deployment Mode
1.4.4 North America AI in Project Management Market, by Organization Size
1.4.5 North America AI in Project Management Market, by Component
1.4.6 North America AI in Project Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis – Global
3.1 Market Share Analysis, 2021
3.2 Strategies deployed in AI in Project Management Market
Chapter 4. North America AI in Project Management Market by Application
4.1 North America Project Data Management, Project Scheduling & Budgeting Market by Country
4.2 North America Project Monitoring, Support & Administration Market by Country
4.3 North America Resource Allocation, Planning & Forecasting Market by Country
4.4 North America Risk Management Market by Country
4.5 North America Data Analytics, Reporting & Visualization Market by Country
4.6 North America Others Market by Country
Chapter 5. North America AI in Project Management Market by Vertical
5.1 North America Telecom, IT & ITeS Market by Country
5.2 North America Construction & Engineering Market by Country
5.3 North America Government & Defense Market by Country
5.4 North America BFSI Market by Country
5.5 North America Healthcare & Life Sciences Market by Country
5.6 North America Retail & eCommerce Market by Country
5.7 North America Energy & Utilities Market by Country
5.8 North America Manufacturing Market by Country
5.9 North America Other Vertical Market by Country
Chapter 6. North America AI in Project Management Market by Deployment Mode
6.1 North America On-premise Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America AI in Project Management Market by Organization Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small & Medium Enterprises Market by Country
Chapter 8. North America AI in Project Management Market by Component
8.1 North America Solution Market by Country
8.2 North America AI in Project Management Market by Solution Type
8.2.1 North America Predictive Analytics Market by Country
8.2.2 North America Robotic Process Automation Market by Country
8.2.3 North America Speech Recognition Market by Country
8.2.4 North America Chatbots & Intelligent Virtual Assistant Market by Country
8.3 North America Services Market by Country
Chapter 9. North America AI in Project Management Market by Country
9.1 US AI in Project Management Market
9.1.1 US AI in Project Management Market by Application
9.1.2 US AI in Project Management Market by Vertical
9.1.3 US AI in Project Management Market by Deployment Mode
9.1.4 US AI in Project Management Market by Organization Size
9.1.5 US AI in Project Management Market by Component
9.1.5.1 US AI in Project Management Market by Solution Type
9.2 Canada AI in Project Management Market
9.2.1 Canada AI in Project Management Market by Application
9.2.2 Canada AI in Project Management Market by Vertical
9.2.3 Canada AI in Project Management Market by Deployment Mode
9.2.4 Canada AI in Project Management Market by Organization Size
9.2.5 Canada AI in Project Management Market by Component
9.2.5.1 Canada AI in Project Management Market by Solution Type
9.3 Mexico AI in Project Management Market
9.3.1 Mexico AI in Project Management Market by Application
9.3.2 Mexico AI in Project Management Market by Vertical
9.3.3 Mexico AI in Project Management Market by Deployment Mode
9.3.4 Mexico AI in Project Management Market by Organization Size
9.3.5 Mexico AI in Project Management Market by Component
9.3.5.1 Mexico AI in Project Management Market by Solution Type
9.4 Rest of North America AI in Project Management Market
9.4.1 Rest of North America AI in Project Management Market by Application
9.4.2 Rest of North America AI in Project Management Market by Vertical
9.4.3 Rest of North America AI in Project Management Market by Deployment Mode
9.4.4 Rest of North America AI in Project Management Market by Organization Size
9.4.5 Rest of North America AI in Project Management Market by Component
9.4.5.1 Rest of North America AI in Project Management Market by Solution Type
Chapter 10. Company Profiles
10.1 IBM Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 SWOT Analysis
10.2 Hitachi, Ltd. (Hitachi Energy Ltd.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.3 Oracle Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Adobe, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.5 Microsoft Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 ServiceNow, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.7 Atlassian Corporation PLC
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 PMaspire Singapore PTE Ltd.
10.8.1 Company Overview
10.9 ALICE Technologies, Inc.
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.10. Aitheon
10.10.1 Company Overview
TABLE 1 North America AI in Project Management Market, 2018 - 2021, USD Million
TABLE 2 North America AI in Project Management Market, 2022 - 2028, USD Million
TABLE 3 North America AI in Project Management Market by Application, 2018 - 2021, USD Million
TABLE 4 North America AI in Project Management Market by Application, 2022 - 2028, USD Million
TABLE 5 North America Project Data Management, Project Scheduling & Budgeting Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Project Data Management, Project Scheduling & Budgeting Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Project Monitoring, Support & Administration Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Project Monitoring, Support & Administration Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Resource Allocation, Planning & Forecasting Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Resource Allocation, Planning & Forecasting Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Risk Management Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Risk Management Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Data Analytics, Reporting & Visualization Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Data Analytics, Reporting & Visualization Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 17 North America AI in Project Management Market by Vertical, 2018 - 2021, USD Million
TABLE 18 North America AI in Project Management Market by Vertical, 2022 - 2028, USD Million
TABLE 19 North America Telecom, IT & ITeS Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Telecom, IT & ITeS Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Construction & Engineering Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Construction & Engineering Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Government & Defense Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Government & Defense Market by Country, 2022 - 2028, USD Million
TABLE 25 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 26 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Retail & eCommerce Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Retail & eCommerce Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 37 North America AI in Project Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 38 North America AI in Project Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 39 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 40 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 43 North America AI in Project Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 44 North America AI in Project Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 45 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 49 North America AI in Project Management Market by Component, 2018 - 2021, USD Million
TABLE 50 North America AI in Project Management Market by Component, 2022 - 2028, USD Million
TABLE 51 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 53 North America AI in Project Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 54 North America AI in Project Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 55 North America Predictive Analytics Market by Country, 2018 - 2021, USD Million
TABLE 56 North America Predictive Analytics Market by Country, 2022 - 2028, USD Million
TABLE 57 North America Robotic Process Automation Market by Country, 2018 - 2021, USD Million
TABLE 58 North America Robotic Process Automation Market by Country, 2022 - 2028, USD Million
TABLE 59 North America Speech Recognition Market by Country, 2018 - 2021, USD Million
TABLE 60 North America Speech Recognition Market by Country, 2022 - 2028, USD Million
TABLE 61 North America Chatbots & Intelligent Virtual Assistant Market by Country, 2018 - 2021, USD Million
TABLE 62 North America Chatbots & Intelligent Virtual Assistant Market by Country, 2022 - 2028, USD Million
TABLE 63 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 64 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 65 North America AI in Project Management Market by Country, 2018 - 2021, USD Million
TABLE 66 North America AI in Project Management Market by Country, 2022 - 2028, USD Million
TABLE 67 US AI in Project Management Market, 2018 - 2021, USD Million
TABLE 68 US AI in Project Management Market, 2022 - 2028, USD Million
TABLE 69 US AI in Project Management Market by Application, 2018 - 2021, USD Million
TABLE 70 US AI in Project Management Market by Application, 2022 - 2028, USD Million
TABLE 71 US AI in Project Management Market by Vertical, 2018 - 2021, USD Million
TABLE 72 US AI in Project Management Market by Vertical, 2022 - 2028, USD Million
TABLE 73 US AI in Project Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 74 US AI in Project Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 75 US AI in Project Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 76 US AI in Project Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 77 US AI in Project Management Market by Component, 2018 - 2021, USD Million
TABLE 78 US AI in Project Management Market by Component, 2022 - 2028, USD Million
TABLE 79 US AI in Project Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 80 US AI in Project Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 81 Canada AI in Project Management Market, 2018 - 2021, USD Million
TABLE 82 Canada AI in Project Management Market, 2022 - 2028, USD Million
TABLE 83 Canada AI in Project Management Market by Application, 2018 - 2021, USD Million
TABLE 84 Canada AI in Project Management Market by Application, 2022 - 2028, USD Million
TABLE 85 Canada AI in Project Management Market by Vertical, 2018 - 2021, USD Million
TABLE 86 Canada AI in Project Management Market by Vertical, 2022 - 2028, USD Million
TABLE 87 Canada AI in Project Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 88 Canada AI in Project Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 89 Canada AI in Project Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 90 Canada AI in Project Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 91 Canada AI in Project Management Market by Component, 2018 - 2021, USD Million
TABLE 92 Canada AI in Project Management Market by Component, 2022 - 2028, USD Million
TABLE 93 Canada AI in Project Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 94 Canada AI in Project Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 95 Mexico AI in Project Management Market, 2018 - 2021, USD Million
TABLE 96 Mexico AI in Project Management Market, 2022 - 2028, USD Million
TABLE 97 Mexico AI in Project Management Market by Application, 2018 - 2021, USD Million
TABLE 98 Mexico AI in Project Management Market by Application, 2022 - 2028, USD Million
TABLE 99 Mexico AI in Project Management Market by Vertical, 2018 - 2021, USD Million
TABLE 100 Mexico AI in Project Management Market by Vertical, 2022 - 2028, USD Million
TABLE 101 Mexico AI in Project Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 102 Mexico AI in Project Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 103 Mexico AI in Project Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 104 Mexico AI in Project Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 105 Mexico AI in Project Management Market by Component, 2018 - 2021, USD Million
TABLE 106 Mexico AI in Project Management Market by Component, 2022 - 2028, USD Million
TABLE 107 Mexico AI in Project Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 108 Mexico AI in Project Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 109 Rest of North America AI in Project Management Market, 2018 - 2021, USD Million
TABLE 110 Rest of North America AI in Project Management Market, 2022 - 2028, USD Million
TABLE 111 Rest of North America AI in Project Management Market by Application, 2018 - 2021, USD Million
TABLE 112 Rest of North America AI in Project Management Market by Application, 2022 - 2028, USD Million
TABLE 113 Rest of North America AI in Project Management Market by Vertical, 2018 - 2021, USD Million
TABLE 114 Rest of North America AI in Project Management Market by Vertical, 2022 - 2028, USD Million
TABLE 115 Rest of North America AI in Project Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 116 Rest of North America AI in Project Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 117 Rest of North America AI in Project Management Market by Organization Size, 2018 - 2021, USD Million
TABLE 118 Rest of North America AI in Project Management Market by Organization Size, 2022 - 2028, USD Million
TABLE 119 Rest of North America AI in Project Management Market by Component, 2018 - 2021, USD Million
TABLE 120 Rest of North America AI in Project Management Market by Component, 2022 - 2028, USD Million
TABLE 121 Rest of North America AI in Project Management Market by Solution Type, 2018 - 2021, USD Million
TABLE 122 Rest of North America AI in Project Management Market by Solution Type, 2022 - 2028, USD Million
TABLE 123 Key information – IBM Corporation
TABLE 124 Key Information – Hitachi, Ltd.
TABLE 125 Key Information – Oracle Corporation
TABLE 126 Key Information – Adobe, Inc.
TABLE 127 key information – Microsoft Corporation
TABLE 128 Key Information – ServiceNow, Inc.
TABLE 129 Key Information – Atlassian Corporation PLC
TABLE 130 Key Information – PMaspire Singapore PTE Ltd.
TABLE 131 Key Information – ALICE Technologies, Inc.
TABLE 132 Key Information – Aitheon
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021
FIG 3 Swot analysis: IBM Corporation
FIG 4 Recent strategies and developments: Oracle Corporation
FIG 5 SWOT analysis: Oracle Corporation
FIG 6 SWOT Analysis: Microsoft Corporation
FIG 7 Recent strategies and developments: Atlassian Corporation PLC
FIG 8 SWOT Analysis: Atlassian Corporation PLC