Cloud Project Portfolio Management Market 2021 Analysis by Top Manufacturers – Broadcom Corporation, Hewlett Packard Enterprise Development LP, Changepoint Corporation

The Cloud Project Portfolio Management Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Cloud Project Portfolio Management (PPM) Market is expected to grow at a CAGR of 17% over the forecast period 2020 to 2025.

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Top Leading Companies of Cloud Project Portfolio Management Market are Broadcom Corporation, Hewlett Packard Enterprise Development LP, Changepoint Corporation, Clarizen, Inc., Microsoft Corporation, Mavenlink Inc., Oracle Corporation, Planisware Inc., ServiceNow, Inc., SAP SE, Upland Software, Inc. and others.

Industry News and Updates

Jun 2020 - Changepoint, announced newly enhanced subscription professional services aimed to maintain customer intimacy and ensure that its software customers are successful with their investments. The various services offerings introduced are designed to support needs across user engagement and adoption; on-going system and organizational consulting; data-driven decision making; software configuration and maintenance; or training and education.

- Oct 2019 - Clarizen, announced a new integration partnership with Procore, a leading provider of construction management software. Clarizen will demonstrate how the combination of Clarizen One with Procore enables stakeholders to improve project planning and management. Clarizen One is the first enterprise Project Portfolio Management (PPM) solution available on the Procore App Marketplace

Key Market Trends

North America to Drive the Market

- North Americans retain the most significant market share due to the growing number of companies using cloud project management software solutions. The rising demand among companies to efficiently track and control their projects boosts this software demand in this region.

- The usage of systems for task management for the successful execution of tasks and flexible work planning is anticipated to drive the market in the coming years further. According to a survey conducted by Capterra Inc., in the United States, as of 2019, 76% of respondents indicated that they used their project management software for task management.

- Additionally, the increased focus of organizations on promoting collaborations among the workforce and boosting the team's efficiency is also driving the market growth in North America. For instance, according to a survey by LinkedIn, 72%of Millennials in the United States in 2019, said they value the ability to collaborate with others while taking a course.

Regional Outlook of Cloud Project Portfolio Management Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Cloud Project Portfolio Management Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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