Project Portfolio Management (PPM) Market 2024: Some Basic Influencing Factors Making It's Booming Industry

Global Project Portfolio Management (PPM) Market report gives complete study of Market growth drivers, Current growth, market trends, Market structure, Market projections for upcoming years.

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The Global Project Portfolio Management (PPM) Market size is expected to grow from US$ 4.0 Billion in 2019 to US$ 5.6 Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period. This report spread across 165 Pages, Profiling 23 Companies and Supported with 122 Tables and 29 figures is now available in this research.

Major Vendors Profiled in the Project Portfolio Management Market include are Microsoft (US), SAP SE (Germany), Oracle (US), Broadcom (US), Hexagon (Sweden), Planview (US), Workfront (US), ServiceNow (US), Upland Software (US), Micro Focus (UK), Planisware (France), Sciforma (US), Clarizen (US), Sopheon (US), Changepoint (US), Cerri (Switzerland),KeyedIn Projects (US), One2Team (US), ONEPOINT Projects (Austria), Meisterplan (Germany), Bestoutcome (UK), and Intelit Smart Group (Brazil).

"The healthcare and life sciences segment to grow at the highest CAGR during the forecast period"
Strategic planning plays a crucial role in the healthcare and life sciences vertical, particularly when implementing and operational zing an Electronic Health Record (EHR). With the increasing demand in of PPM solution and services in the healthcare vertical for Information Technology (IT) projects management, reducing medical reimbursements, and the movement toward value-based purchasing, healthcare institutions are implementing PPM solution to control their CAPEX and OPEX, which results in long-term benefits.

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"The consulting and implementation services segment to account for highest market share during the forecast period"
Consulting and implementation services provide ease to organizations in selecting the right PPM solution that aligns with their business-specific requirements. Since, there is no one-size-fits-all PPM solution, which can be deployed by organizations to manage multiple complex projects, vendors offer consulting services for end users to be able to customize the PPM solution as per their demand.

"APAC expected to grow at the highest rate during the forecast period"
The PPM market in Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period, due to a growth in the demand for technologically driven PPM solution and services. The PPM solution enables organizations to improve their project operations by eliminating unwanted multi-tasks and reducing resource overload. The APAC region is expected to experience extensive growth opportunities during the forecast period.

Competitive Landscape of Project Portfolio Management Market:
1 Overview
2 Competitive Scenario
2.1 New Product/Solution Launches and Product Enhancements
2.2 Business Expansions
2.3 Acquisitions
2.4 Partnerships, Agreements, and Collaborations
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies

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Reason to access this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall PPM market and their sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.

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