Press release
Project Portfolio Management Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Proteases Market Share
The upward trend in implementations such as digitalization and automation in numerous sectors is anticipated to boost the expansion of the project portfolio management market in the future. Automation is the process of operating systems or procedures automatically, while digitalization involves the transformation of all hard copy data into an electronic format. Businesses in various sectors employ automation as a strategy to tackle labor shortages and streamline operational procedures. Project portfolio management aids in handling extensive data associated with diverse projects and organizing them into a single system that evolves due to escalating automation and digitization. For example, in 2022, a survey by UiPath, an American enterprise automation software firm, revealed that 78% of the company executives who responded are expected to invest or amplify their investments in enterprise automation, and 83% affirmed that their company was currently making investments or utilizing automation tools. As such, the rise in automation and digitalization in various sectors is propelling the project portfolio management market's growth.
Get Your Project Portfolio Management Market Report Here:
https://www.thebusinessresearchcompany.com/report/project-portfolio-management-global-market-report
How will the growth rate of the project portfolio management market shape industry trends by 2034?
The market size of project portfolio management has been significantly expanding in the past few years. It is projected to increase from $5.86 billion in 2024 to $6.26 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The growth during the historical period can be ascribed to the need for resource optimization, a rise in project failures, internationalization of businesses, budget limitations, strategic orientations, and the demand for mobile accessibility.
The size of the project portfolio management market is anticipated to experience substantial growth in the upcoming years. The market is predicted to reach $9.66 billion in 2029 with a compound annual growth rate (CAGR) of 11.5%. The accelerated growth during the forecast period could be credited to the emergence of hybrid work structures, escalated stakeholder expectations, growing concerns over cybersecurity, shifts in regulatory frameworks, improvements in user experience, and a spotlight on portfolio visibility. Noteworthy trends during this period encompass cloud-based ppm solutions, ai-powered predictive analytics, agile and hybrid project management, and integration with collaborative platforms.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8860&type=smp
What trends are poised to drive the future success of the project portfolio management market?
Key trends in the project portfolio management market chiefly focus on tech advancements. Major market players are introducing and merging aspects like artificial intelligence (AI) into project portfolio management applications in the bid to retain their competitive standing in the market. One prime example is from August 2024, when monday.com, an Israel-rooted firm with a focus on managing workflows and tasks, rolled out a fresh Portfolio Management Solution intended primarily for corporate clientele. This solution aims to boost team collaboration and productivity by offering portfolio managers and executives a holistic view of pertinent projects via a user-friendly platform. The underlying aim is to make project management more efficient by doing away with the intricacies involved in navigating a multitude of detailed reports.
Which primary segments of the project portfolio management market are driving growth and industry transformations?
The project portfolio management market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment: On Premises, Cloud
3) By Organization Size: Large Enterprises, SMEs
4) By Application: Project Management, Portfolio Management, Demand Management, Resource Management, Financial Management, Other Applications
5) By Vertical: Energy And Utilities, Government And Defense, IT And Telecom, Banking, Financial Services And Insurance, Manufacturing, Healthcare And Lifesciences, Consumer Goods And Retail, Other Verticals
Subsegments:
1) By Solution: Project Management Software, Portfolio Management Software, Resource Management Software, Reporting And Analytics Tools, Collaboration Tools
2) By Services: Consulting Services, Implementation Services, Training And Support Services, Managed Service
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8860
Which geographical regions are pioneering growth in the project portfolio management market?
North America was the largest region in the project portfolio management market share in 2024. The regions covered in the project portfolio management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the project portfolio management market landscape?
Major companies operating in the project portfolio management market are Broadcom Inc., Celoxis Technologies Pvt. Ltd., Wrike Inc., HP Development Company L.P., ServiceNow Inc., Planview Inc., Planisware S.A.S., Microsoft Corporation, Oracle Corporation, Workfront Inc., SAP SE, Logic Software Inc, ProductDossier Solution, Sopheon Corporation., Cerri.com AG., Keyedin Inc., Atlassian Corporation PLC, Upland Software Inc., Clarizen Inc., Sciforma Corporation, Changepoint Corporation, Mavenlink Inc., Project Objects Solutions Limited, Innotas a Planview company, Genius Project, Deltek Inc., One2Team, ProSymmetry Inc., Project Insight Inc., Meisterplan Inc.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=8860&type=smp
What Is Covered In The Project Portfolio Management Global Market Report?
• Market Size Forecast: Examine the project portfolio management market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the project portfolio management market for a structured understanding.
• Key Players Overview: Analyze major players in the project portfolio management market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the project portfolio management market.
• Segment Contributions: Evaluate how different segments drive overall growth in the project portfolio management market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the project portfolio management market.
• Industry Challenges: Identify potential risks and obstacles affecting the project portfolio management market.
• Competitive Landscape: Review strategic developments in the project portfolio management market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Project Portfolio Management Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share here
News-ID: 3889470 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Management
Gym Management Software Market By Functions - Scheduling Appointments, Waitlist …
MarketResearchReports.Biz announces addition of new report "Gym Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its database.
Gym management software is a software solution which allows the users to manage the different processes associated with running a gym in an efficient and effective manner. These software solutions are generally multifunctional and can manage all the diverse processes associated with managing a gym…
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will…
Cloud Project Portfolio Management Market Report 2018: Segmentation by Applicati …
Global Cloud Project Portfolio Management market research report provides company profile for CA Technologies (New York, U.S.), HPE (California, U.S.), Changepoint Corporation (Richmond Hill, Ontario), Clarizen, Inc. (California, U.S.), Microsoft Corporation (Washington, U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Prescriptive analytics Market Outlook 2025 focus On: Risk Management, Operation …
A detailed market study on "Global Prescriptive analytics Market" examines the performance of the Prescriptive analytics Market. It encloses an in-depth Research of the Prescriptive analytics Market state and the competitive landscape globally. This report analyzes the potential of Prescriptive analytics Market in the present and the future prospects from various prospective in detail.
Get Free Sample Report@ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-prescriptive-analytics-market
Prescriptive analytics market accounted for USD 1.20 billion growing at a CAGR of…
Facility Management Market Solutions & Services (Real Estate & Lease Management, …
ReportsWeb.com added “Global Facility Management Market to 2025” to its vast collection of research Database. The report classifies the global Facility Management Market in a precise manner to offer detailed insights into the aspects responsible for augmenting as well as restraining market growth.
Facility Management is an essential part which handles all functions related to enterprise and helps in streaming all the operations with reducing cost. Managing life cycle management of…
Telecom Expense Management Market Analysis For Financial Management, Order Manag …
The telecom expense management (TEM) market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast period and 2015 is the base year. The report covers all the major trends and technologies playing a key role in telecom expense management market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said…
