Press release
What Is The Leading Driver Behind Cloud Project Portfolio Management Market Surges With Cloud Analytics Adoption Market Expansion in 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Cloud Project Portfolio Management Industry Market Size Be by 2025?
There has been substantial growth in the market size of cloud project portfolio management in the past few years. The market is projected to increase from $7.09 billion in 2024 to $7.59 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The historical growth can be credited to the transition from on-premises to cloud-based solutions, increased need for a centralized project management system, requirements for scalability and flexibility, cost-efficiency and decreased infrastructure, as well as the rise in project complexity and volume of data.
What's the Long-Term Growth Forecast for the Cloud Project Portfolio Management Market Size Through 2029?
The market size of cloud project portfolio management is predicted to exhibit a substantial expansion in the years to come, reaching $12.3 billion in 2029 with a compound annual growth rate (CAGR) of 12.8%. The proposed growth during the forecast period can be associated with the escalating adoption of cloud across different sectors, surging demand for scalable and agile approaches, emphasis on remote work and cooperative tools, heightened security and regulatory measures, and concentration on user experience and acceptance. Key trends in the forecast period encompass the surge of remote work and distributed teams, integration with nascent technologies, flexible and adaptive project management methods, concentration on user experience and simplicity of adoption, and real-time reporting and analytical competencies.
View the full report here:
https://www.thebusinessresearchcompany.com/report/cloud-project-portfolio-management-global-market-report
What Are the Key Growth Drivers Fueling the Cloud Project Portfolio Management Market Expansion?
The cloud project portfolio management market is poised to expand due to projected high uptake of cloud analytics. Essentially, cloud analytics apply analytic algorithms on data located on a private or public cloud, employing scalable cloud computing together with analytics software to identify patterns in data and derive fresh insights. Cloud services, providing an easy on-ramp for organizations to enter the cloud, are accelerating in uptake. As affirmed by Gartner, a consultancy company based in the US, spending on public cloud services worldwide is anticipated to rise from $332.3 billion in 2021 to $397.5 billion in 2022. It is further predicted that cloud application services could hit $145.3 billion by the closure of 2022. This rising expenditure on cloud services is anticipated to drive up demand in the cloud project portfolio management solutions industry during the forecast period.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7036&type=smp
What Are the Key Trends Driving Cloud Project Portfolio Management Market Growth?
Collaborative alliances are an emerging trend in the cloud project portfolio management market, with major players forming partnerships to amplify their product development efforts and strengthen their market positioning. For instance, Planview, an American firm specializing in dashboard solutions for portfolio, resource, project and request management, has teamed up with UK-based Cherwell, known for their service and cloud-based IT service management solutions. This partnership showcases the combined capability of Planview Portfolio Management and Cherwell ITSM to aid common clients in achieving their strategic and operational objectives. In another example, Upland Software, a US firm, furthered its enterprise vision via PPM software by collaborating with US giant, Microsoft. This partnership allows project team members to engage, share documents, schedule meetings, and communicate directly through their PPM solution using Microsoft Teams integrated with Upland's interface. This integration between Upland PowerSteering and Microsoft Teams mitigates the potential for poor project communication, thereby boosting business productivity.
How Is the Cloud Project Portfolio Management Market Segmented?
The cloud project portfolio managementmarket covered in this report is segmented -
1) By Component: Solution, Services
2) By Organization Size: Small and Medium-sized Enterprises (SMEs), Large Enterprises
3) By Deployment Model: Private Cloud, Public Cloud, Hybrid Cloud, Other Deployments
4) By Industry Vertical: BFSI, Healthcare & Life Sciences, IT & Telecommunication, Manufacturing, Government & Public Sectors, Other Industry Verticals
Subsegments:
1) By Solution: Project Management Software, Resource Management Tools, Portfolio Management Software, Collaboration And Communication Tools, Reporting And Analytics Solutions
2) By Services: Implementation Services, Training And Support Services, Consulting Services, Maintenance And Upgrades
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7036&type=smp
Which Companies Are Leading the Charge in Cloud Project Portfolio Management Market Innovation?
Major companies operating in the cloud project portfolio management market include Oracle Corporation, Hewlett Packard Enterprise Company LP, SAP SE, Changepoint Corporation, Upland Software Inc., Clarizen Inc., Workfront Inc., Microsoft Corporation, Planview Inc., Mavenlink, Servicenow Inc., Hexagon AB, Micro Focus International plc, ONEPOINT Projects GmbH, Broadcom Corporation, Keyedin Inc., Planisware, Sciforma Corporation, Wrike Inc., LiquidPlanner Inc., Smartsheet Inc., Celoxis Technologies Pvt Ltd., Zoho Corporation Pvt Ltd., WorkOtter LLC, Project Objects Ltd., Genius Project, Innotas AG, Project Insight, EasyVista Inc., ProjectManager. com Inc.
Which Regions Are Leading the Global Cloud Project Portfolio Management Market in Revenue?
North America was the largest region in the cloud project portfolio management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud project portfolio management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7036
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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 What Is The Leading Driver Behind Cloud Project Portfolio Management Market Surges With Cloud Analytics Adoption Market Expansion in 2025 here
News-ID: 4222307 • Views: …
More Releases from The Business Research Company

Chronic Disease Management Market Trends That Will Shape the Next Decade: Insigh …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Chronic Disease Management Market Size By 2025?
The market size for chronic disease management has experienced swift expansion in the past few years. The market is projected to increase from a size of $9.55 billion in 2024 to $11.3 billion in 2025, with a Compound…

The Buy-Now-Pay-Later Market Rides The Online Payment Wave: The Driving Engine B …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Buy Now Pay Later Market Size Growth Forecast: What to Expect by 2025?
Over the past several years, there has been a significant expansion in the size of the buy now pay later market. It is projected to increase from $231.51 billion in 2024 to $342.13 billion in 2025…

Steady Expansion Forecast for Block Chain In Healthcare Market, Projected to Rea …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Block Chain In Healthcare Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the last few years, the size of the healthcare blockchain market has soared. It is projected to rise from $2.23 billion in 2024 to $3.03 billion in 2025, boasting a Compound Annual…

E-Commerce Boom Fuels Growth In The Autonomous Last-Mile Delivery Market Emerges …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Autonomous Last Mile Delivery Market Through 2025?
The market for autonomous last mile delivery has witnessed significant expansion in the past few years. There is an expected surge from $29.66 billion in 2024 to $38.01 billion by 2025, with a compound annual…
More Releases for Project
Omega Project Review: Omega Project Honest Review: Omega Project
Omega Project Review: Is Aidan Booth's Course Worth Your Investment?
In the ever-evolving landscape of online business and digital marketing, finding a course that truly delivers on its promises can be a daunting task. One name that frequently pops up in discussions is Aidan Booth, a seasoned entrepreneur known for his innovative approaches to online marketing. His latest venture, The Omega Project, has garnered significant attention. But does it live up…
Merlin Project Version 9: AI-Powered Project Planning
Melle, Germany - December 12, 2024 - To mark its 20th anniversary, ProjectWizards is releasing Merlin Project 9, the latest version of its project management software. The standout feature is an AI assistant that automatically generates project plans from a simple text description. Tasks, phases, dependencies, workloads, milestones, and risks are instantly organized into a Gantt chart.
Quote from Frank Blome, CEO of ProjectWizards:
"We thank everyone who has supported us…
CCECCK Engineering Construction Bahrain Company road project contracting, railwa …
CCECCK Engineering Construction Bahrain Company https://adjustablewholesale.com/ is a leading engineering and construction company based in Bahrain, specialized in a wide range of engineering projects. We have expertise in road project contracting, railway engineering contracting, port project contracting, real estate project contracting, hospital project contracting, cultural center project contracting, shopping mall project contracting, and contracting of public facilities projects.
With over a decade of experience in the industry, we have a proven…
CCECCK Engineering Construction UAE Company road project contracting, railway en …
CCECCK Engineering Construction UAE Company https://oberlodropship.com/ is a leading engineering and construction company based in United Arab Emirates, specialized in a wide range of engineering projects. We have expertise in road project contracting, railway engineering contracting, port project contracting, real estate project contracting, hospital project contracting, cultural center project contracting, shopping mall project contracting, and contracting of public facilities projects.
With over a decade of experience in the industry, we have…
T-PPM Project Management new project dashboards
T-PPM - Project Portfolio Management (https://www.t-ppm.it) is a web solution that allows you to organize, manage and plan projects and the team. T-PPM is simple and intuitive to configure and use. In the new video we have created and published we show all the features and potential of dashboards. The features are available at different levels depending on the profiling role: Project Managers or actor who make up the project…
Engineering Project Consultant | Software Development Project
Pdgindia provide android training in pune India and also provides Corporate training in Android,Web Designing,Website Development,IEEE Project Development.
Project Development Group was set up in 2012 with an aim to establish itself among leading Global Project Providers. On road to the vision, the company has already emerged among India's fastest growing organizations that provide quality projects along with complete project guidance and training. The company motto "Your Destination For Perfection" reflects…