Press release
Project Portfolio Management Market Overview Highlighting Major Drivers, Future Growth and Demand Report 2021- 2028
The global project portfolio management market size reached 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 driven by rising demand for improved project selection process, and increasing focus on objective business goals.However, organizational concerns regarding data security is a key factor expected to hamper growth of the global project portfolio management market over the forecast period.
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The global Project Portfolio Management market research report is an investigative study that offers a bird-eye view to offer a holistic understanding of the market scenario. The report is formulated by authentic information and industry-wide data that offers a forecast estimation of the growth of the market. The study offers a comprehensive examination of the global Project Portfolio Management market, including analysis of the market segmentation, product types, applications, value chain analysis, regional bifurcation, and other key elements. The study covers essential information about the market during the forecast period along with several key statistical numbers for the Global Project Portfolio Management Market.
Key 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., and SAP SE
Some Key Highlights From the Report
• The services segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing adoption of project portfolio management solutions among SMEs, leading to increasing demand for project portfolio management services, and such services enabling project scoping, making plans, and adjusting administration procedures which improve the efficiency of SMEs' business activities, is expected to boost revenue growth of this segment going ahead.
• The large enterprise segment is expected to lead in terms of revenue over the forecast period due to increasing implementation of project portfolio management solutions among large enterprises since large enterprises are spending actively in order to compete in today's modern competitive market.
• The BFSI segment is expected to lead in terms of revenue over the forecast period due to increasing adoption of project portfolio management solutions in BFSI due to technological advancements in this sector.
• Factors such as robust presence of project portfolio management solutions and services providers such as Microsoft Corporation, and Oracle Corporation among others in countries in North America is expected to drive growth of the market in the region during the forecast period.
Emergen Research has segmented the global project portfolio management market on the basis of component, organization size, deployment, end-use, and region:
• Component Outlook (Revenue, USD Billion; 2018–2028)
o Services
o Solution
• Organization Size Outlook (Revenue, USD Billion; 2018–2028)
o SMEs
o Large Enterprises
• Deployment Outlook (Revenue, USD Billion; 2018–2028)
o On-Premise
o Cloud
• End-Use Outlook (Revenue, USD Billion; 2018–2028)
o Manufacturing
o Healthcare
o BFSI
o Media and Entertainment
o IT & Telecom
o Retail & Consumer Goods
o Transportation and Logistics
o Energy and Utilities
o Government
o Others
The report also analyzes key geographical locations for market share, market size, revenue generation, production and consumption rate, import/export, and other factors. The regions analyzed include North America, Latin America, Europe, AsiaPacific, and Middle East & Africa. The presence of key companies is also included in the analysis.
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Key Factors influencing market remuneration:
• The global Project Portfolio Management market report includes a detailed study of the product spectrum of the market and further describes the different product types, including One-sided, Two-sided, and Others.
• The report zeroes in on the overall market dynamics and presents information with regard to the producers and distributors, manufacturing cost structure, and downstream buyers.
• Details pertaining to the expected growth rate, industry share, revenue accumulated, and product segmentation are depicted in this report.
• The application landscape of the global Project Portfolio Management market can be categorized into For Human, For Animals, and Others.
• The study further examines the industry share and product demand of each application, coupled with the predicted growth patterns of the various application segments.
• Other vital factors, such as market concentration ratio and raw material processing rate, have also been covered under the latest study.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Project Portfolio Management Market Segmentation & Impact Analysis
4.1. Project Portfolio Management Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for improved project selection process
4.2.2.2. Increasing focus on objective business goals
4.2.2.3. Rising need for accurate project performance data
4.2.2.4. Increasing demand for timely project deliveries
4.2.3. Market restraints analysis
4.2.3.1. Organizational concerns regarding data security
4.2.3.2. Integration issues of advanced Chapter
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
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Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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