AI in Project Management Market Size, Share & Industry Analysis, By Component (Solutions and Services), By Deployment (Cloud and On-premises), By Enterprise Type (Large Enterprises and Small and Medium Sized Enterprises (SMEs)), By Application (Project Planning, Resource Allocation & Management, Risk Prediction & Mitigation, Progress Monitoring & Reporting and Others), By Industry Vertical (BFSI, Healthcare, Manufacturing, Government and Defense, Retail & E-commerce, IT & Telecom, Construction & Engineering and Others), and Regional Forecast, 2025 – 2032

The global AI in project management market size was valued at USD 3.28 billion in 2024. The market is projected to grow from USD 3.67 billion in 2025 to USD 10.37 billion by 2032, exhibiting a CAGR of 16.0% during the forecast period. North America dominated the ai in project management market with a market share of 48.17% in 2024.

The market for AI-powered project management platforms is experiencing rapid growth as organizations increasingly seek intelligent tools to streamline operations, optimize resources, and enhance decision-making. These platforms utilize machine learning and natural language processing to automate routine project tasks, predict risks, and provide actionable insights, helping teams work smarter and more collaboratively across departments.

• A study featured in the Journal of Business Research revealed that integrating AI into project management can shorten project timelines by as much as 30%.

Prominent players in this space, including ClickUp, Asana, Inc., Wrike, Inc., and Deeper Insight, are leading the innovation curve by offering advanced features such as real-time project analytics, smart scheduling, task prioritization, and seamless integrations with existing enterprise systems.

IMPACT OF GENERATIVE AI

Implementation of Generative AI Capabilities to Fuel the Growth of the Market

Generative AI is transforming the project management landscape by streamlining tasks related to planning, reporting, and communication. It facilitates quicker decision-making, enhances risk prediction, and boosts collaboration among team members. For instance,

• In July 2024, Larsen & Toubro (L&T) announced using generative AI to optimize processes across the entire project lifecycle, from tendering to execution. The company has also launched a collaborative platform connecting data scientists with domain experts to drive innovation and build future-ready solutions.

This results in increased efficiency and allows project managers to concentrate on strategic responsibilities. Although issues like data quality and system integration persist, the overall effect is beneficial, promoting market expansion and altering project management practices.

MARKET DYNAMICS

AI IN PROJECT MANAGEMENT MARKET TRENDS:

Automated Reporting, Dashboards, and Insights to be a Key Trend in the Market

Automated reporting, dashboards, and insights mark a significant shift in AI-based project management. In the past, reporting and status updates took a lot of time and effort. Project teams had to gather data, format, and share progress with stakeholders. Now, with AI integration, these tasks getting automated. For instance,

• In March 2025, DPR Construction adopted ConstructivIQ, an AI-powered platform that centralizes procurement data and automates reporting. Its smart dashboard provides real-time insights by highlighting current and upcoming tasks, helping teams detect risks and delays early.

This allows for real-time creation of dashboards that show important project metrics including timelines, budgets, resource use, and risk levels. AI algorithms can keep track of project data continuously and point out trends, irregularities, or areas that need focus.

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MARKET DRIVERS:

Automated Predictive Scheduling and Budgeting to Propel the Market Growth

Automated predictive scheduling and budgeting is now a key factor in using AI technologies in project management. By using large amounts of historical project data, AI models can forecast task durations, spot potential bottlenecks, and estimate resource needs more accurately than traditional methods. For instance,

• In June 2025, OpenSpace launched Progress Tracking, combining AI-powered 360° reality capture with Disperse’s milestone-based analytics to detect construction delays and cost overruns early. This solution compares actual progress to planned milestones, enabling proactive, predictive scheduling and better project control.

This ability allows project managers to adjust schedules and budgets before problems arise. This dramatically lowers the chances of delays and cost overruns.

MARKET RESTRAINTS:

Accountability and Transparency Issues to Restrict Market Expansion

Accountability and transparency issues pose serious challenges in integrating AI systems into project management. Many AI algorithms, especially those using complex machine learning models, act as "black boxes.", making their decision-making processes hard for humans to understand. In project management, this lack of clarity can lead to significant problems like in grasping how AI-generated recommendations or decisions are made. These factors are expected to hamper the AI in project management market growth.

MARKET OPPORTUNITIES:

Low-code/No-code Tools with Intuitive User Experiences (UX) to Create Lucrative Growth Opportunities

Low-code and no-code tools with user-friendly experiences are creating a big growth opportunity in the market. Many organizations do not have the internal expertise in artificial intelligence or software development. This lack leads to rising demand for easy solutions that require little to no coding, creating intuitive user experience. These platforms provide simple interfaces, prebuilt AI components, and straightforward integration with current systems.

Segmentation Analysis

By Industry Vertical

IT and Telecom Emerge as the Leading Industry Vertical Due to Demand for Effective Project Management Solutions

On the basis of industry vertical, the market is classified into BFSI, healthcare, manufacturing, government and defense, retail & e-commerce, IT and telecom, construction & engineering, and others.

The IT & telecom industry dominates the market, as the industry depend on complex, large-scale projects that need precise coordination and quick innovation. The fast-paced environment of IT and telecom requires effective project management solutions to manage regular upgrades, network expansions, and software deployments efficiently and effectively. For instance,

• In March 2025, EY launched Telecom.ai at MWC Barcelona 2025, an AI-powered solution for telecom companies that automates contract analysis and optimizes operations such as finance and network management. Built on NVIDIA’s AI platform, it provides real-time insights to improve decision-making and efficiency, demonstrating how AI is transforming complex project and resource management in telecom.

The healthcare industry is expected to grow at a CAGR of 19.1% over the forecast period.

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By Component

Solutions Takes the Lead Due to Their Scalability and Capability

In terms of component, the market is categorized into solutions and services.

The solutions segment captured the largest share of the market in 2024. In 2025, the segment is anticipated to dominate with a 74.1% driven by the rising need for smart software that enhances planning, scheduling, and task automation. Businesses are progressively embracing AI-driven platforms for their scalability, real-time insights, and capability to boost efficiency throughout project lifecycles.

Services is expected to grow at a CAGR of 18.0% over the forecast period. 

By Deployment

Cloud Deployment Takes The Lead As It Offers Faster Implementation and Easier Integration

In terms of deployment, the market is categorized into cloud and on-premises.

The cloud segment captured the largest share of the market in 2024. In 2025, the segment is anticipated to dominate with a 67.8% as it offers more flexibility, faster implementation, and easier integration with other tools than on-premises solutions. It also lowers upfront costs and maintenance needs for companies, enabling them to scale resources as needed.

Cloud is expected to grow at a CAGR of 17.9% over the forecast period.

By Enterprise Type

High Demand for Project Management Solutions in Large Enterprises, Leading to their Dominance In terms of enterprise type, the market is categorized into large enterprises and small & medium enterprises.

The large enterprises captured the largest share of the market in 2024. In 2025, the segment is anticipated to dominate with a 60.2% as they have greater demand for project management solutions that can manage complex workflows and big operations. Their high IT budgets enable them to use advanced software with strong features, which boosts market growth.

• According to IBM, approximately 42% of large enterprises with over 1,000 employees have successfully implemented AI solutions within their operations.

SMEs are expected to grow at a CAGR of 18.3% over the forecast period. 

By Application

Need for Efficient Project and Construction Management Makes Project Planning the Leading Application of Product 

In terms of application, the market is categorized into project planning, resource allocation & management, risk mitigation, progress monitoring & reporting, and others.

The project planning captured the largest share of the market in 2024. In 2025, the segment is anticipated to dominate with a 32.8% as it is the basis for effective construction and project management. Good planning tools help organizations use resources efficiently, manage timelines, and spot risks early. For instance,

• In February 2025, ProjectLibre launched ProjectLibre AI Cloud. This AI-powered project management platform automates project planning by generating detailed plans, Gantt charts, and task dependencies from simple descriptions in multiple languages. This directly affects project success and cost savings.

Businesses aim to improve predictability and simplify complex project schedules, making this the biggest application segment.. As a result, there is a strong demand for project planning applications.

Risk prediction & mitigation segment is expected to grow at a CAGR of 18.3% over the forecast period. 

AI in Project Management Market Regional Outlook

By geography, the market is categorized into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa.

North America

In 2024, North America led the AI project management market, which had a value of USD 1.58 billion. This leadership is mainly due to the region's advanced digital infrastructure, early adoption of AI technologies, and significant influence of major tech companies and enterprise software providers. The U.S. stands out as a center for innovation in AI-powered project management solutions, fueled by high levels of adoption, substantial investment in digital transformation, and a strong network of cloud service providers. It is anticipated that by 2025, the U.S. market alone will reach USD 1.35 billion, highlighting its pivotal position in the global industry.

Europe

Europe accounts for the second-largest portion of the AI in project management market share, and it is projected to maintain a steady growth, reaching USD 0.95 billion by 2025. This growth is driven by the region's rapid transition towards enterprise automation, robust regulatory structures that support AI integration, and increasing investments in smart infrastructure. Major contributors to this growth include the U.K. (USD 0.19 billion), Germany (USD 0.23 billion), and France (USD 0.14 billion), all of them are essential in promoting regional growth.

Asia Pacific

The Asia Pacific region is expected to achieve the highest compound annual growth rate (CAGR) during the forecast period, fueled by swift digital transformation, increasing adoption of cloud technology, and heightened investments in enterprise AI solutions. China (USD 0.20 billion) and India (USD 0.14 billion) are leading this growth, aided by their extensive IT services, growing demand for tools that enhance productivity, and governmental efforts that encourage digitalization.

Middle East & Africa and Latin America

The Middle East & Africa , combined with Latin America, is set to see steady growth in the market. MEA is anticipated to achieve the second-highest compound annual growth rate (CAGR), reaching USD 0.16 billion by 2025. This expansion is driven by increasing digital engagement, national initiatives for digital transformation, and higher adoption rate of AI across retail, real estate, and government services. In the MEA region, the GCC countries are projected to account for around USD 0.06 billion, spurred by innovation led by policy changes and modernization of enterprises.

At the same time, it is projected that Latin America will achieve USD 0.10 billion by 2025, driven by an expanding population of digital-first consumers and increasing demand from enterprises for project automation solutions.

COMPETITIVE LANDSCAPE

Key Industry Players:

Diverse Product Portfolios and Robust Distribution Networks by Market Leaders Empowers the Market Dynamics

The market is increasingly driven by agile platforms that combine intelligent automation with user-centric design. Leading firms including ClickUp, Asana, Inc., Wrike, Inc., and Deeper Insight are at the forefront, offering AI-powered solutions that streamline project planning, task management, and real-time collaboration across teams.

These companies distinguish themselves through flexible integrations, intuitive interfaces, and scalable solutions tailored to enterprises of all sizes. Their focus on real-time data insights, personalized recommendations, and proactive project monitoring positions them as essential partners for organizations seeking to improve efficiency, reduce project delays, and make data-driven decisions with confidence.

LIST OF KEY AI IN PROJECT MANAGEMENT COMPANIES STUDIED:

• ClickUp (U.S.)
• Asana, Inc. (U.S.)
• Wrike, Inc. (U.S.)
• Deeper Insight
• Markovate (U.K.)
• Notion (U.S)
• Trello (U.S.)
• Addepto (Poland)
• Azati Software (Poland)
• Binariks (Ukraine)
• Monday (Israel)
• Motion (U.S.)

KEY INDUSTRY DEVELOPMENTS:

• October 2025: Dart has launched AI Chat and AI Agents, making project management faster and smarter through natural language interaction. Users can now create tasks, plans, and reports via chat and automate workflows using Dart’s PM agent or third-party AI tools.
• July 2025: Trunk Tools, an AI-powered construction project management platform, raised USD 40 million in Series B funding led by Insight Partners, with support from firms like Redpoint Ventures and Liberty Mutual. The funds will be used to grow teams, expand field programs, and scale its AI across more complex projects.
• March 2025: Zoho has launched Projects Plus, a new AI-powered data-driven project management (DDPM) platform that enhances collaboration and decision-making by unifying tools like Projects, Sprints, WorkDrive, and Analytics. The platform uses Zoho's AI engine Zia for real-time insights, risk prediction, and task automation.
• February 2025: Foresight has launched an AI-enabled project management platform specifically for data center construction. The tool integrates with Primavera P6 and Microsoft Project and uses AI and predictive analytics to deliver real-time forecasting, early issue detection, and faster project delivery.
• December 2024: Foresight has launched an AI-enabled project management platform specifically for data center construction. The tool integrates with Primavera P6 and Microsoft Project and uses AI and predictive analytics to deliver real-time forecasting, early issue detection, and faster project delivery.

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Report Scope & Segmentation