Imagine a new software for project management has been introduced into the market.

Initially, only a few early adopters and innovators were using it$.$ Now, this software is considered essential in the industry, and companies from various sectors are rapidly adopting it to avoid falling behind. Revenues for the software company are skyrocketing but they are struggling to keep up with demand. Meanwhile, their competitors are intensifying their efforts to capture market share. At which stage of the Market Development Life Cycle is the project management software currently?

$$Early Market

$$Tornado

$$Bowling Alley

$$Chasm

$$Main Street