Project Portfolio Management Market Business Strategies, Revenue and Growth Rate Upto 2029
Project Portfolio Management Market size was valued at US$ 4.73 Bn. in 2022 and the total revenue is expected to grow at 6.2% through 2023 to 2029, reaching nearly US$ 7.21 Bn.
Project Portfolio Management Market Overview:
This comprehensive analysis delves into various segments, industries, and geographical regions to offer profound insights into the growth trajectory of the Project Portfolio Management Market. Additionally, the study meticulously examines the key drivers influencing market expansion while providing an exhaustive evaluation of the market's value chain.
Project Portfolio Management Market Report Scope & Research Methodology:
The research methodology employed for assessing and forecasting the Project Portfolio Management Market entails gathering revenue data from primary suppliers through secondary research channels. Moreover, vendor offerings are considered during the delineation of market segmentation. Utilizing the bottom-up approach, the revenue of major industry players serves as a foundational metric for determining the overall size of the Project Portfolio Management Market.
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Project Portfolio Management Market Dynamics:
Project portfolio management software can help businesses increase productivity, spur innovation, and respond quickly to shifting market and economic conditions. Among the features of the PPM program are cost management, data analytics, and time monitoring. In emerging economies like Brazil, China, and India, the growing adoption of connected devices is expected to support the industry's development prospects. Moreover, a surge in the "bring your own device" (BYOD) trend, coupled with businesses' growing concerns about achieving a quicker return on investment (ROI) and the need for efficient and timely management, is anticipated to drive market expansion over the course of the forecast period.
Project Portfolio Management Market Segmentation:
The Project Portfolio Management Market is segmented based on:
by Offering
Solution
Services
by Deployment
On-Premises
Cloud
by Organization Size
Small and Medium Size Enterprise
Large Enterprise
by End-User
Banking, Financial Services and Insurance (BFSI)
IT and Telecom
Consumer Goods and Retail
Healthcare and Life Sciences
Manufacturing
Government and Defense
Energy and Utilities
Others (Transportation and Logistics, and Marine and Shipbuilding)
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Project Portfolio Management Market Key Players:
The key players dominating the Project Portfolio Management Market include:
1. Broadcom
2. Celoxis Technologies Pvt. Ltd.
3. Changepoint Corporation
4. HP Development Company, L.P.
5. ServiceNow
6. Planview, Inc.
7. Planisware
8. Microsoft
9. Oracle
10.Workfront, Inc.
11.CA Technologies
12.SAP
13.Software AG
14.Upland
15.Hexagon
16.Clarizen
17.Sciforma
18.Micro Focus
19.One2Team
20.WorkOtter
21.Monday.com
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Project Portfolio Management Market Regional Analysis:
Market share insights for North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are thoroughly analyzed and presented separately. Our analysts meticulously assess competitive strengths and conduct in-depth competitive analyses on each market contender.
COVID-19 Impact Analysis on Project Portfolio Management Market:
This report also provides a detailed examination of the COVID-19 impact on the Project Portfolio Management Market, encompassing factors such as imports, suppliers, and key players, providing a comprehensive understanding of the market's response to the pandemic.
Key Questions Answered in the Report:
- Which segment held the largest share in the Project Portfolio Management Market?
- What is the competitive landscape of the Project Portfolio Management Market?
- What are the key factors influencing Project Portfolio Management Market growth?
- Which region dominates the Project Portfolio Management Market share?
- What is the projected CAGR of the Project Portfolio Management Market during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by Different Segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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