Work Management trends to watch 2023

January 11, 2023 - Research X5

Nucleus found that users of Work Management platforms can increase project load by an average of 21 percent. Dedicated solutions for Work Management have gained market traction over the past three years, with an influx of first-time adopters in 2022 seeking to increase efficiency with existing staff. Rapid growth in the space has led to increased competition, driving the prevalence of low and no-cost trial offerings. Additionally, as the SaaS technology market faces consolidation over the next year, niche providers in areas such as task and project management are poised for acquisition by well-established, full-suite Work Management and Workforce Management vendors looking to fill in functionality gaps and attract and retain customers.