AI in project management market is anticipated to grow at a CAGR of 17.4% during the forecast period (2023-2031). AI in project management is an automated software that can be described as the ability of machines to learn and work on their own, as well as to the ability of computers to analyze large amounts of data and make decisions based on that data. In project management, AI can be used to help manage projects by automating tasks, analyzing data, and making decisions. AI in Project Management Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. Companies today need AI to accelerate innovation, assess business conditions, and deliver new customer experiences. However, they frequently run into implementation issues ranging from a scarcity of data science expertise, difficulties in training models on relevant business data to getting their platform to work in a live environment. For an instance, in November 2021, Oracle announced availability of Oracle Cloud Infrastructure (OCI) AI services, a collection of services that make it easier for developers to apply AI services to their applications without requiring data science expertise. The new OCI AI services give developers the choice of leveraging out-of-the-box models that have been pre-trained on business-oriented data or custom training the services based on their organization’s own data. The six new services help developers with a range of complex tasks from language to computer vision, and time-series forecasts.

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The global AI in project management market is segmented on the component, mode, and application. Based on the component, the market is sub-segmented into solution and service. Based on the mode, the market is sub-segmented into cloud and on-premises. Further, on the basis of application, the market is sub-segmented into 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. Based on the vertical, the market includes BFSI, healthcare & life sciences, telecommunication, government & defense, IT & ITeS, and others. Among the mode, the cloud sub-segment is anticipated to hold a considerable share of the market owing to the lack of physical hardware means updates, as issues such as user change details and installations can be carried out remotely.

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Market Coverage
Market number available for – 2023-2029
Base year- 2022
Forecast period- 2023-2029
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Artificial Intelligence (AI) in Project Management Market by Component

Solution
Robotic Process Automation (RPA)
Chatbots & Intelligent Virtual Assistants
Predictive Analysis
Speech Recognition
Services
Consulting
Deployment & Integration
Support & Maintenance Services

Global AI in Project Management Market by Mode

Cloud
On-Premises

Global AI in Project Management Market 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
Project Monitoring

Global AI in Project Management Market by Vertical

BFSI
Healthcare & Life Sciences
Telecommunications
Government & Defense
Information Technology (IT) & ITeS
Others (Retail & E-Commerce, Manufacturing)


Company Profiles 

Aitheon
ALICE Technologies Inc.
Amazon Web Services Inc.
Clear Strategy Inc.
ClickUp
CodeComplete Inc.
Forecast Aps
Hitachi Ltd.
ImageGrafix Software FZCO
Intel Corp.
ai
Microsoft Corp.
Oracle Corp.
TIS Inc.
Zoho Corporation Pvt. Ltd .

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global AI in project management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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