The global online project management software market is expected to reach to a valuation of more than $6.68 billion over the next 7 years. The adoption of project management solutions in large IT enterprises will drive this growth and a commensurate 9.4 percent compound annual growth rate across the market by 2026.
And while market valuation statistics can astound, we sought our own experts to predict what lay ahead for the “boots on the ground” situation of Project Management software in 2019.
What they’ve predicted corresponds with the anticipated growth in the market, but they identify other, diverse influences that could drive the adoption and execution of project management platforms. Here’s what they had to say:
AI ascends, scrum fades, and process management embraced
AI will make its entry into project management software. It will start off as a gimmick, but by the end of the year, we shall see something of value. The most likely use-case will be to provide data support to the “guesstimates” produced by the team thus making estimates trustworthy.
Scrum will start fading, and Kanban will gather momentum. By the end of 2019, the demand for Kanban features will outshine the need for Scrum.
More teams will demand integrated capability for process management in their project management tool. Process management is the third and missing piece of the project management software puzzle. The other two – task management and collaboration – have been reasonably addressed by the PM software market today.
Nikhil Daddikar
Co-Founder
Celoxis
