The increasing need for having a thorough understanding of project processes and resource allocation
VANCOUVER, BRITISH COLUMBIA, CANADA, September 12, 2022 /EINPresswire.com/ — A novel report on the global Project Portfolio Management market has been published by Emergen Research, offering current developments and emerging trends of market. The report offers a comprehensive overview of the market with details about market size, market share, revenue growth, and leading companies. The report covers all important and crucial information related to the global Project Portfolio Management market to help readers, investors, clients gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools such as SWOT analysis or Porter’s Five Forces are used in the report.
Project portfolio management is widely used by project managers and project management organizations to evaluate the potential return on undertaking a particular project. By combining and organizing every piece of data about current and proposed projects, portfolio managers provide business analysis and forecasting for businesses looking to invest in new projects.
The control transparency and advanced financial analysis features offered by PPM are resulting in increased adoption across the BFSI sector. Also, the healthcare sector is increasingly opting for portfolio management in healthcare facilities to improve decision-making skills and operational efficiency. Widespread use of PPM solutions in data analytics to provide convenient services to customers at low cost in the telecom, BFSI, and IT sectors, will boost the size of the portfolio management market in the coming years.
The global size of project portfolio management reached USD 4.48 Billion in 2020 and is expected to register a CAGR of 12.6% during the forecast period, according to the latest analysis by Emergen Research. Global revenue growth in the project portfolio management market is expected to be driven by increasing demand for improved project selection processes, and increasing focus on business objectives. The increasing demand for having a complete understanding of project processes and resource allocation is also expected to boost the global growth of the project portfolio management market during the forecast period.
However, organizational concerns regarding data security are a major factor expected to hinder the growth of the global project portfolio management market during the forecast period.
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The main objective of the report is to offer an overview of the market, product scope, growth prospects, and risks. The report also offers in-depth information about each player in the global Project Portfolio Management market including its global status, financial status, product launches, business expansion plans among others. Market players are committed to developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and investments in research and development.
Companies profiled in the global Project Portfolio Management market:
Oracle Corporation, Microsoft Corporation, Planview, Inc., Broadcom Corporation, Planisware SAS, Workfront, Inc., Changepoint Corporation, Celoxis Technologies Pvt. Ltd., ServiceNow, Inc., and SAP SE
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological advancements, revenue growth, market size, market share, key trends and demands influencing regional market growth, and stable presence of major players in the region.
Emergen Research has segmented the global project portfolio management market based on segment, organization size, deployment, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Services
Solution
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
SMEs
Big Business
Deployment Outlook (Revenue, USD Billion; 2018–2028)
In Precinct
Cloud
End-use Outlook (Revenue, USD Billion; 2018–2028)
Working
Taking care of your health
BFSI
Media and Entertainment
IT and Telecom
Retail and Consumer Goods
Transportation and Logistics
Energy and Utilities
Government
Different
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The regional segmentation consists of a current and forecast market estimate in major geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of the Project Portfolio Management Market:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
BENELUX
Other parts of Europe
Asia-Pacific
China
India
Japanese
South Korea
Other parts of APAC
Latin America
Brazil
Other parts of LATAM
Middle East and Africa
Saudi Arabia
U.A.E
South Africa
Remaining in MEA
Key Features of the Project Portfolio Management Market Report:
The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
The report covers details about key companies, product portfolios including specifications, production analysis, and market shares.
Analysis of key current and emerging market trends and growth prospects
It also offers research-backed estimates for a forecast period of eight years, primarily to estimate the market’s growth potential
Brief industry overview regarding research and development, technological advancements, and product development
In-depth analysis of upstream raw materials, downstream buyers, needs, and current market situation
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Emerging Research
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