Exclusive Report on Global Project Portfolio Management Market to grow at a whopping rate of CAGR more than 6.32%

According to the report, The global Project Portfolio Management market size was valued at $4.04 Billion in 2020 and is expected to reach $6.71 Billion by 2028 growing at the CAGR of 6.32% from 2021 to 2028. Multi-local organizations are filling the interest for project portfolio the board answers for cultivating a viable dynamic and forestall intricacies. Broad utilization of PPM arrangements in information examination to offer advantageous administrations to clients at low expenses in the BFSI and IT and telecom areas is expected to drive the market development.

The market is hampered by the issues of privacy breaches and the high cost related to it.

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The recently published research report on Global Project Portfolio Management Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Project Portfolio Management market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Project Portfolio Management market report also includes the following data points:
• COVID19 Impact on Project Portfolio Management market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Project Portfolio Management market

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Key Players

Some of the major Project Portfolio Management players holding high market share include Oracle, Microsoft, Planview, Broadcom. These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Oracle
• Microsoft
• Planview
• Broadcom
• Hexagon
• Workfront
• ServiceNow
• Upland Software
• Planisware
• Sciforma

Segmental Analysis

Market Segment By Organization Size with focus on market share, consumption trend, and growth rate of Project Portfolio Management Market:
o SMEs
o Large Enterprises

Market Segment By Verticals with focus on market share, consumption trend, and growth rate of Project Portfolio Management Market:
o IT and Telecom
o Consumer Goods and Retail
o Manufacturing
o Others

Market Segment By Deployment model with a focus on market share, consumption trend, and growth rate of Project Portfolio Management Market:
o On-premises
o Cloud

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Global Project Portfolio Management Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

North America holds the larger share in the market owing to the presence of key market players and awareness among people.

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