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Online project management software market valued at US$6.08 bn by 2025

IT Market Research

The global online project management software market will likely rise at a CAGR of 9.3% from 2017 to 2025 to attain a value of US$6.08 bn by 2025.

Keen companies operating in the global online project management software market Make an Inquiry about this news are trying to diversify their existing product portfolio in order to satisfy the varied needs of their consumers. They are also focusing on increasing their outreach into developing economies of India and China that are still under-penetrated and offer considerable opportunities on account of mushrooming of online activities.

Another noticeable trend in the market is the thrust on partnerships and mergers and acquisitions which is leading to market consolidation. All these have served to stoke impressive growth in the global online project software market.