Global Business Research Company Cloud Project Portfolio Management Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, United Kingdom, Sept. 19, 2022 /EINPresswire.com/ — According to the “Cloud Project Portfolio Management Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, The cloud project portfolio management market size is expected to reach $11.49 billion in 2026 at a compound annual growth rate (CAGR) of 15.32%. The high adoption of cloud analytics is expected to propel the growth of the cloud project portfolio management market.
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The Cloud Project Portfolio Management market consists of the sale of Cloud Project Portfolio Management solutions by entities (Organizations, Individual Merchants and Partnerships) that refers to a complete integrated solution that improves the efficiency of organizations on projects. He will manage the organization’s group of projects and processes that are selected and managed to deliver better returns on project investments. The portfolio is selected to achieve the objectives of the organization and also allows the project team to manage the overall risk of the project.
Global Cloud Project Portfolio Management Market Trends
Strategic partnerships are a key trend that is gaining popularity in the market. According to the cloud project portfolio management market analysis, major companies are entering into partnerships to strengthen their new product development activities and market position. For example, in April 2020, Planview, a US provider of dashboards for portfolio management, resource management, project management and request management, partnered with Cherwell, a UK service provider and cloud-based IT service management solutions that help organizations’ IT teams implement, automate and scale service and support processes. The partnership demonstrates the ability of Cherwell ITSM and Planview Portfolio Management to help joint customers achieve their strategic and operational goals. Moreover, in 2019, the American company Upland Software pushed its business vision with PPM software and partnered with the US-based software company Microsoft. Thanks to this collaboration, project team members can now interact, communicate, exchange documents and organize meetings directly from their PPM solution using Microsoft Teams and the Upland interface. Upland PowerSteering’s integration with Microsoft Teams reduces the risk of ineffective project communication and increases business productivity.
Segments of the Global Cloud Project Portfolio Management Market
By Component: Solution, Services
By organization size: small and medium-sized enterprises (SMEs), large enterprises
By deployment model: private cloud, public cloud, hybrid cloud, other
By vertical: BFSI, healthcare and life sciences, IT and telecommunications, manufacturing, government and public sectors, other
By Geography: The global Cloud Project Portfolio Management market research report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Of these regions, North America accounts for the largest share.
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The Global Cloud Project Portfolio Management Market Report 2022 is part of a series of new reports from The Business Research Company that provides global cloud project portfolio management market overviews, analysis and forecasts Market Size and Growth for Global Cloud Project Portfolio Management Market, Cloud Project Portfolio Global Cloud Project Portfolio Management Market Share, Cloud Project Portfolio Management Market Segments and Geographies of cloud projects, cloud project portfolio management market players, revenue, profiles and market shares of the main competitors in the cloud project portfolio management market. The Cloud Project Portfolio Management Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s Global Cloud Project Portfolio Management Market Report 2022 includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: Oracle, Hewlett Packard Enterprise, SAP SE, Changepoint Corporation, Upland Software Inc, Clarizen Inc, Workfront Inc, Microsoft Corporation, Planview, Mavenlink, Servicenow Inc, Hexagon, Micro Focus, ONEPOINT Projects and KeyedIn Projects.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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