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Global revenue growth in the project portfolio management market is expected to be driven by rising demand for improved project selection processes, and increasing
VANCOUVER, BC, CANADA, Jan. 31, 2022 /EINPresswire.com/ – According to Emergen Research, the market size of Global Project Portfolio Management will reach USD 4.48 Billion in 2020 and is expected to register a CAGR of 12.6% during forecasts, according to the latest Emergen Research review.
Global revenue growth in the project portfolio management market is expected to be driven by rising demand for improved project selection processes, and increasing focus on business objectives.
The report covers the rapidly changing market scenario and offers an initial and future analysis of the Project Portfolio Management market impact. The research report is equipped with validated data from experts, along with analysis of historical data.
It also discusses growth prospects, industry facts, sales figures, distribution channels, analysis of the competitive landscape, market shares, gross margins, key regions, demand trends, and trends. development, among others.
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Some Key Highlights From The Report
Revenue of the services segment is expected to expand at a significant CAGR during the forecast period. The increasing use of project portfolio management solutions among SMEs, leading to increasing demand for project portfolio management services, and such services enable project scope, making plan, and adjustment of management procedures that improve the efficiency of business activities of SMEs, are expected to boost revenue growth. of this segment continuing.
The large enterprise segment is expected to lead in terms of revenue during the forecast period due to the increasing implementation of project portfolio management solutions in large enterprises as large enterprises actively spend to compete in today’s modern competitive market.
The on-premise segment is expected to lead in terms of revenue during the forecast period due to the increasing implementation of on-premise based project portfolio management solution in various industries.
The BFSI segment is expected to lead in terms of revenue during the forecast period due to the increasing use of project portfolio management solutions in BFSI due to technological advances in this sector.
Factors such as the robust availability of project portfolio management solutions and service providers such as Microsoft Corporation, and Oracle Corporation among others in North American countries are expected to drive market growth in the region. forecast period.
Top Players Profiled in the Report:
Oracle Corporation
Microsoft Corporation
Planview Inc.
Broadcom Corporation
Planisware SAS
Workfront Inc.
Changepoint Corporation
Celoxis Technologies Pvt. Ltd.
ServiceNow Inc.
SAP SE
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Global Project Portfolio Management Market Regional Analysis:
The report provides an extensive analysis of the market region. Segmentation offers insights into the sales network and distribution channels, analysis of sales, revenue margins, analysis of the quantity chain, and market size in the region. The report also covers an in -depth analysis of the major geographical regions as well as their countries.
In March 2020, Broadcom Corporation launched ValueOps, which is a digital and agile management solution, by combining its PPM solutions, Clarity PPM and Broadcom Rally. Users can use the advanced solution to align their strategic plans with their IT goals, allowing them to optimize their business activities.
Global Project Portfolio Management Market Segmentation:
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
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Eric Lee
Emerging Research
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