Project Portfolio Management Market 2021 SWOT Analysis, Key Indicators, Industry Trends and Forecast 2028

The Project Portfolio Management Market report provides quality insights about the market research by keeping in mind the way people live, believe, and expend. Accordingly the use of technologies, the acquisition strategies to be employed and things required to build and uphold the brand image are considered. The report is helpful to the clients in all possible ways to make strategic decisions and accomplish growth objectives. With the effective use of technology, new applications and expertise to manage large and complex market data tables and forecasts automatically, the report has been prepared. Project Portfolio Management Market report also takes into account new opportunities and most important customers so that they have increased revenue and business growth.

Project Portfolio Management Market report carries out research and analysis of the market for a particular product/service which includes the investigation into customer inclinations. It performs the study of various customer capabilities such as investment attributes and buying potential. This market report involves feedback from the target audience to understand their characteristics, expectations, and requirements. The report provides new and exciting strategies for upcoming products by determining the category and features of products that the target audiences will readily accept. The global Project Portfolio Management market research report collects data about the target market such as pricing trends, customer requirements, competitor analysis, and other such details.

The project portfolio management market is expected to witness market growth at a rate of 5.90% in the forecast period of 2021 to 2028 and is expected to reach USD 6.60 billion by 2028. Data Bridge Market Research report on project portfolio management market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in demand for cloud-based PPM solutions is escalating the growth of project portfolio management market.

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Product portfolio management refers to a form of business lifecycle function in an organization that assists in the planning, forecasting, and production of a product or products during all stages of product lifecycle. The software helps enterprises in enhancing their strategic planning and business execution by integrating people, data, process, and business systems. They accelerate the pace of innovation, improve productivity, and more effectively adapt to rapidly changing competitive dynamics and economic scenarios.

The rise in the adoption of cloud-based services for the remote monitoring of assignments, acts as one of the major factors driving the growth of project portfolio management market. The increase in the number of activities such as automation and digitalization across industries including healthcare, government, engineering and construction, BFSI and telecom raising the need for monitoring and analytical solutions with the purpose of enhancing productivity and business efficiency accelerate the project portfolio management market growth. The growing need for a 360-degree view of project operations and resource management as it assists in collaborative scheduling, planning, and faster and efficient decision-making and rising trend of bring your own device (BYOD) along with the growing focus of organizations on attaining faster Return on Investment (ROI) further influence the project portfolio management market. Additionally, rapid urbanization and digitization, increasing investments in research and development activities and growth in competition worldwide positively affect the project portfolio management market. Furthermore, embracing agile methods in order to reduce project costs and project failure extend profitable opportunities to the project portfolio management market players in the forecast period of 2021 to 2028.

On the other hand, the concerns of organizations related to data confidentiality and issues with blending modern PPM solutions with legacy systems are the factors expected to obstruct the project portfolio management market growth. The difficulty in the selection of right solution that aligns with organization’s business need is projected to challenge the project portfolio management market in the forecast period of 2021-2028.

Project Portfolio Management Market Scope and Segmentation:

The project portfolio management market is segmented on the basis of component, deployment mode, organization size and industry vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of the component, the project portfolio management market is segmented into solution and services. Services are further segmented into consulting, and implementation and training, support and maintenance.
On the basis of the deployment mode, the project portfolio management market is segmented into on-premises and cloud.
On the basis of the organization size, the project portfolio management market is segmented into small and medium-sized enterprises (SMEs) and large enterprises.
On the basis of the industry vertical, the project portfolio management market is segmented into banking, financial services and insurance (BFSI), IT and telecom, consumer goods and retail, healthcare and life sciences, manufacturing, government and defense, energy and utilities and others. Others are further segmented into transportation and logistics, and marine and shipbuilding.

Project Portfolio Management Market Country Level Analysis

North America (United States, Canada & Mexico)
Asia-Pacific (Japan, China, India, Southeast Asian Countries & Australia etc.)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands & Belgium etc.)
Central & South America (Brazil, Argentina, LATAM etc.)
Middle East & Africa (United Arab Emirates, Qatar, Saudi Arabia, Israel & South Africa etc.)

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Leading Key Players Operating in the Project Portfolio Management Market Includes:

The major players covered in the project portfolio management market report are Oracle, Planview, Inc., Broadcom, SAP SE, Microsoft, Workfront, Inc., HEXAGON, ServiceNow, Upland Software, Inc., Micro Focus, Planisware, Sciforma, Clarizen, Sopheon, Cerri.com AG, Changepoint Corporation, Keyedin, Inc., One2Team, ONEPOINT Projects GmbH, Meisterplan, Bestoutcome, Project Objects, WorkOtter among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

How will this Market Intelligence Report Benefit You?

The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
Exclusive insight into the key trends affecting the Project Portfolio Management industry, although key threats, opportunities and disruptive technologies that could shape the Project Portfolio Management Market supply and demand.
The report tracks the leading market players that will shape and impact the Project Portfolio Management Market most.
The data analysis present in the Project Portfolio Management Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Project Portfolio Management Market business.

The 2021 Annual Project Portfolio Management Market offers:

100+ charts exploring and analysing the Project Portfolio Management Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Project Portfolio Management Market type

Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

PART 05: MARKET LANDSCAPE

PART 06: MARKET SIZING

PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY PRODUCT

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

PART 12: REGIONAL LANDSCAPE

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

PART 15: MARKET TRENDS

PART 16: COMPETITIVE LANDSCAPE

PART 17: COMPANY PROFILES

PART 18: APPENDIX

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