Increasing Demand For Improved Project Selection Process and Increasing Project Focus on Business Objectives Are Some Key Factors Driving the Growth of the Global Project Portfolio Management Market
Project Portfolio Management Market Size – USD 4.48 Billion In 2020, Market Growth – At CAGR Of 12.6%, Market Trends – Rising Demand For Getting Full Understanding Of Project Processes And Allocation Resources
Global Project Portfolio Management Market Size Reaches USD 4.48 Billion In 2020 And Is Expected To Register A CAGR Of 12.6% During The Forecast Period, According To Latest Analysis By Emergen Research. Global Project Portfolio Management Market Revenue Growth Is Expected To Be Brought By Rising Demand For Improved Project Selection Process, And Increased Focus On Business Objectives. The Rising Need For Gaining Full Understanding Of Project Processes And Resource Allocation Is Also Expected To Strengthen Global Project Portfolio Management Market Growth During The Forecast Period.
However, the Organization’s Concerns Regarding Data Security are a Major Factor Expected to Hinder the Growth of the Global Project Portfolio Management Market During the Forecast Period. The Report Thoroughly Looks At Historical And Current Market Situations To Accurately Predict The Global Project Portfolio Management (PPM). ) Market Outlook In Forecast Period (2019-2027). The Researchers Used A Holistic Approach Towards Global Market Analysis And Highlighted The Factors Influencing The Overall Market Growth. The Study Includes The Use Of Efficient Analytical Tools Such As SWOT Analysis And Porter’s Five Forces To Investigate The Strengths, Weaknesses, Opportunities, And Threats Associated With The Growth Of Different Market Segments. The Report Provides Important Details, Such As Market Shares Of Major Players, Which Helps The Reader To Achieve A Comprehensive View Of The Project Portfolio Management (PPM) Market.
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The Report Further Offers A Complete Value Chain Analysis Along With An Analysis Of Downstream Buyers And Upstream Raw Materials. The Study Focuses On Global Trends, Regulatory Frameworks, And Macro- And Micro-Economic Factors. The Report Also Provides A Comprehensive Analysis Of The Segment And Sub-Segmented That Are Expected To Dominate The Market In The Expected Period. The Report Offers Market Forecasting Analysis Related to Market Segmentation Analysis, Including Product Type, End-User Industries, Application Spectrum, And Other Segments.
Some Key Highlights From The Report
Services Segment Revenue Is Expected To Expand At Large CAGR During The Forecast Period. The Increasing Adoption of Project Portfolio Management Solutions in Smes, Leading to Increased Demand For Project Portfolio Management Services, And Such Services Enabling Project Coverage, Manufacturing Plans, And Adjustment Of Management Procedures That Improve The Efficiency Of Smes Business Activities, Are Expected To Boost The Revenue Growth Of This Segment Continuously.
Large Enterprise Segment Is Expected To Lead In Revenue Terms During Forecast Period Due To Increased Implementation Of Project Portfolio Management Solutions In Large Business As Large Businesses Are Actively Spending To Compete In Today’s Modern Competitive Market.
The On-Premise Segment Is Expected To Lead In Revenue Terms During The Forecast Period Due To The Rising Implementation Of On-Premise Based Project Portfolio Management Solution In Various Industries.
The BFSI Segment Is Expected To Lead In Revenue Terms During The Forecast Period Due To Increased Adoption Of Project Portfolio Management Solutions In BFSI Due To Technological Advances In This Sector.
Factors Such As Robust Availability Of Project Portfolio Management Solutions And Service Providers Like Microsoft Corporation, And Oracle Corporation Among Other Countries In North America Are Expected To Boost Market Growth In The Region Over Time of Forecast.
Major Market Players include Oracle Corporation, Microsoft Corporation, Planview, Inc., Broadcom Corporation, Planisware SAS, Workfront, Inc., Changepoint Corporation, Celoxis Technologies Pvt. Ltd., Servicenow, Inc., and SAP SE
In March 2020, Broadcom Corporation Launched Valueops, Which Is A Digital And Agile Management Solution, By Combining PPM Solutions, Clarity PPM And Broadcom Rally. Users Can Use This Advanced Solution To Tailor Their Strategic Plans To Their IT Goals, Enabling Him To Optimize Their Business Activities.
Read More: https://www.emergenresearch.com/industry-report/project-portfolio-management-market
Emergen Research Segments the Global Project Portfolio Management Market Based on Component, Organization Size, Deployment, End-use, And Region:
Share Outlook (Revenue, USD Billion; 2018–2028)
Services
Solution
Outlook Size of the Organization (Revenue, USD Billion; 2018–2028)
Smes
Big Business
Deployment Outlook (Revenue, USD Billion; 2018–2028)
On Premises
Clouds
End-use Outlook (Revenue, USD Billion; 2018–2028)
Working
Taking care of your health
BFSI
Media And Entertainment
IT and Telecom
Merchandise and Consumer Goods
Transportation and Logistics
Energy and Utilities
Government
The others
Regional Analysis of Project Portfolio Management (PPM) Market:
North America (US, Canada)
Europe (UK, Italy, Germany, France, Rest Of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest Of APAC)
Latin America (Chile, Brazil, Argentina, Rest Of Latin America)
Middle East and Africa (Saudi Arabia, UAE, South Africa, Rest Of MEA)
Key Questions Answered in the Report:
What is the Project Portfolio Management (PPM) Market Growth Rate? What Is The Expected Market Valuation Of Project Portfolio Management (PPM) Industry By 2027?
What Are the Key Factors Driving and Stopping the Growth of the Project Portfolio Management (PPM) Market?
Who Are The Famous Players Operating In The Market? What Are The Key Strategies Adopted By These Companies?
What Are The Key Opportunities And Growth Prospects Of The Project Portfolio Management (PPM) Industry During The Forecasting Period?
Which Region Is Expected To Show Significant Growth In The Coming Years?
Project Portfolio Management (PPM) Market Report Overview:
Introduction, Product Scope, Market Overview, And Opportunities
Analysis Of Manufacturers With Analysis, Revenue, And Price
Comprehensive Analysis of the Competitive Landscape
Extensive Profiling Of Key Competitors Along With Their Business Strategies And Market Size
Regional Market Analysis Includes Sales, Revenue, Market Share, And Global Position
Market Intelligence Analysis Including Types, Applications, And Manufacturing
Strategic Recommendations For Established Players As Well As New Entrants
In -Depth Analysis of Risks, Precautions, and Limitations in the Project Portfolio Management (PPM) Industry
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