The AI for Project Management Market is Exploding

👉 It's predicted that the average growth rate will be c. 17%. per year over the next decade.

👉 The AI for project management market is predicted to hit $14.45 billion by 2034.

✅ What's being bought: Right now, most spending goes on ready-made AI tools. But the fastest growth is in services. Companies want help tailoring, integrating and running those tools

✅ Who's buying: Big enterprises still make up most of the market. But cloud and SaaS options are lowering barriers, so small and mid-sized businesses are set to catch up quickly

✅ How it's used: Scheduling and budgeting are today's main use cases. But the biggest growth is in AI handling project admin - automating reporting, documentation and routine support

✅ Which industries: Banks and financial services lead adoption, using AI to strengthen compliance, manage risk, and deliver more predictable outcomes

𝐖𝐡𝐲 𝐢𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬

Organisations betting on AI for scheduling, risk management, governance, and admin are seeing measurable gains in cost control, agility and oversight.

But remember....

AI might optimise processes, but it doesn't lead people. Technology might be an accelerant but you still need leadership. 

But great project leadership coupled with AI tools is going to give you a significant advantage.

Do you use AI for project management? Have you rolled out project management tools in your business?