Best Statistical Report of Cloud Project Portfolio Management Market Growing +14% CAGR by 2025, Top Key Players as CA Technologies, HPE, Changepoint Corporation, Clarizen Inc.

Project Portfolio Management (PPM) is a management process in which project managers and project management organizations (PMOs) want to analyze and manage current or proposed projects. Cloud PPMs are emerging at a rapid pace to help you plan and schedule collaborations, a combination of cloud and PPM, and make decisions faster and more effectively.

The cloud Project Portfolio Management (PPM) market size is expected to grow from USD 2.97 billion in 2017 to USD more than 5.79 billion by 2025, at a Compound Annual Growth Rate (CAGR) of +14% due to factors, such as increasing need for Bring Your Own Device (BYOD) & mobile devices, shift toward integrated cloud-based solutions, and increased need for ROI in process manufacturing industries. However, growing concerns regarding data security and privacy are the major restraints in the overall growth of the market.

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The cloud project portfolio management market comprises vendors such as CA Technologies (New York, U.S.), HPE (California, U.S.), Changepoint Corporation (Richmond Hill, Ontario), Clarizen, Inc. (California, U.S.), SAP SE (Walldorf, Germany), Upland Software (Texas, U.S.), Workfront, Inc. (Utah, U.S.), Microsoft Corporation (Washington, U.S.), Mavenlink (California, U.S.), Oracle Corporation (California, U.S.), lanisware (California, U.S.), and ServiceNow, Inc. (California, U.S.)

SMEs segment is expected to have the fastest growth rate during the forecast period
The Small and Medium Enterprises (SME) segment is expected to grow with the largest market size during the forecast period. Cloud PPM has become a vital part of the business processes in SMEs due to the ease of use and the flexibility it offers and is expected to grow in the coming years. The factors driving this segment include quick responses, timely decisions, and overall enhanced business productivity. Moreover, the implementation of cloud PPM resulted in an increased revenue, desired outcomes, and improved business efficiencies for the SMEs.

Research Coverage
The global cloud PPM market has been segmented on the basis of applications, organization size, deployment models, verticals, and regions. The various types of analysis covered in the study include cloud PPM ecosystem, competitive landscaping, and market dynamics.

Key questions answered in this report
• What will the market size be in 2024 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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Geographically, North America, South East Asia, Europe, Japan, China, and India have been identified as the main regional markets for cloud-based contact centers. North America has acquired the leading position in this market as is anticipated to remain so over the next few years. South East Asia, Japan, China, and India are also projected to witness healthy growth in their respective markets for Cloud Project Portfolio Management in the near future, states the research report.

Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward-looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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