The Project Portfolio Management market size was valued at US$3.8 Billion in 2021 and is projected to reach US$6.26 Billion by 2028, growing at a healthy CAGR of 7.4%.
This press release was originally distributed by SBWire
Pune, Maharashtra – (SBWIRE) – 14/07/2022 – Project portfolio management software is used by project managers to track a company’s projects and resources. Portfolio management also includes the project acceptance process. This includes recognition, authorization, assignment and incorporation of future projects by project managers. It also involves high-level management and monitoring to ensure ongoing projects are linked to overall business priorities and strategies.
The global project portfolio management (PPM) market is expected to witness strong growth over the next five years. Factors such as the increased need to maximize the value of project investments, the increased complexity of enterprise projects, and the increased need for collaboration and monitoring tools are expected to contribute to this expected growth. However, concerns over data privacy and security and the steep learning curve of PPM software have hampered the market growth over the past few years. Furthermore, reduction in the failure rate of projects by adopting agile methods along with growth in the adoption of cloud-based PPM integrated applications are expected to provide a lucrative opportunity for the growth of the PPM market.
The global Project Portfolio Management Software market study takes into account historical data, present market trends, environment, technological innovation, future technologies and the technical advancement of the industry. Data and study materials are collected from a variety of reliable sources, including company websites, annual reports, white papers, journals, media, and M&A. The comprehensive market report also gives information on the current state of the industry, which can be used by companies and investors interested in this market for advice and guidance.
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Leading company profiles included in the Project Portfolio Management Market are:
– Planview, Inc.
– Changepoint Corporation
– Micro focus
– Workfront, Inc.
– Upland Software, Inc.
This study offers a comprehensive analytical picture of the global Project Portfolio Management market. The report’s market estimates are based on a mixture of secondary research, primary interviews, and internal expert reviews. These market estimates are based on research on the impact of different social, political, and economic factors on market growth, as well as current market dynamics.
2022 Project Portfolio Management Market Segmentation Analysis
The Project Portfolio Management market is divided into four categories: product type, end user, application and geography. The development of these industries will facilitate the analysis of underdeveloped growth areas, as well as give users a comprehensive overview of the market and industry information to facilitate strategic decisions for the discovery of applications of the main market.
The research contains market analysis for the United States, China, India, Japan, Canada, South Korea, United Kingdom, Germany, France, Brazil, and Mexico at levels global, regional and national. Market estimates and forecasts for the study segmentation will be offered at regional and country level. Market estimates and forecasts will help you determine which region of the Project Portfolio Management industry is most profitable, as well as which location will earn the most money in the future.
Major segments and sub-segments of the Project Portfolio Management Market are listed below:
Based on the offer:
Based on deployment:
– On the spot
Based on company size:
– Big business
– Small and medium enterprises
Based on end use:
– Engineering and construction
– Health care
– IT & Telecom
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A chapter of the market study presents the major players in the Project Portfolio Management market, including an assessment of company operations, financial statements, product overview and strategic aspirations. The companies featured in the study can be customized to meet a client’s specific needs. The competitive analysis sections will help participants get a complete picture of the competition in the market and design their strategies accordingly.
Key Reasons to Buy Project Portfolio Management Market Report
– Outlook provides crucial, detailed business suggestions based on growth and long-term goals.
– As their business grows and progresses, they must realign markets, gradually develop/modify and realign markets.
– Highlights trends that drive research, enable fragmentation and, therefore, hinder vertical industry processes.
– A dedicated part of the report deals with the impact of the Russian-Ukrainian conflict and the COVID-19 pandemic on the global economy.
Frequently Asked Questions in the Project Portfolio Management Market Report are:
-What is the projected market value of the Project Portfolio Management market?
-Which region holds the highest market share in the project portfolio management market?
-Who are the leading vendors in the Project Portfolio Management market?
Table of Contents – Main Key Points
2. Research methodology
3. Market dynamics
4. Impact analysis
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Project Portfolio Management Market Segmentation, By Offer
9. Project Portfolio Management Market Segmentation, By Deployment
10. Project Portfolio Management Market Segmentation, By Company Size
11. Project Portfolio Management Market Segmentation, By End Use
12. Regional Analysis
13. Business Profiles
14. Competitive landscape
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For more information on this press release, visit: http://www.sbwire.com/press-releases/project-portfolio-management-market-size-share-report-forecast-2022-2028-new-cloud -based-ppm -the-solution-will-increase-work-productivity-and-performance-1360704.htm