The global demand for Project Portfolio Management Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Project portfolio management (PPM) software aids in centralized management of different methods, technologies, and processes used for various projects in an organization. The software helps in assembling different project portfolios in a single. It is beneficial for organizations running multiple projects simultaneously. PPM software provides reports with the help of the information derived from various projects; regarding objectives, cost, risk, resources available, and categorizes projects. This information is combined, and a single portfolio for all the projects is created. Project portfolio management (PPM) software helps in planning and designing time frame, cost management, risk management, tracking inconsistencies, and selection of proper resources. PPM aids in regular evaluation of the projects according to the strategies planned and thus to achieve organizational goals and targets. It improves the organization's ability to adapt changes and creates an easy pathway to introduce new projects.
The factor that is driving the global project portfolio management software market is the increasing demand for business optimization. PPM software is gathering momentum as it offers a comprehensive view of the project operations and resources management. Furthermore, increasing demand for cloud-based PPM solution is fuelling the market. During the COVID-19 pandemic, the global PPM market is likely to face restraints as the majority of the projects in many organizations are either halted or delayed due to lockdown conditions.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of project portfolio management.
The entire project portfolio management market has been sub-categorized into offering, deployment, enterprise size and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Enterprise Size
- Integration & Deployment
- Support & Maintenance
- Training & Consulting
- Large Enterprise
- Small & Medium Enterprise
- Engineering & Construction
- IT & Telecom
This section covers regional segmentation which accentuates on current and future demand for project portfolio management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Project Portfolio Management Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the project portfolio management market include Broadcom, Celoxis Technologies Pvt. Ltd., Changepoint Corporation, HP Development Company, L.P., Microsoft, Oracle, Planisware, Planview, Inc., ServiceNow, Workfront, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.