The Requirements Management Software Market is experiencing a significant surge as organizations increasingly adopt this software to streamline product development, enhance collaboration, and improve project success rates. The market, valued at USD 1.5 billion in 2022, is projected to grow at a robust compound annual growth rate (CAGR) of 14.2%, reaching USD 3.9 billion by 2030. This growth is driven by the increasing need for efficient management of complex requirements in industries like aerospace, automotive, and IT.