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Uploaded on Oct 13, 2023
Category
Technology
The centralized control of an organization's projects is handled by project portfolio management tools. Portfolio management also includes the project intake process. This involves the recognition, authorization, assignment, and incorporation of future projects by project managers. It also involves high-level management and project tracking to ensure that ongoing projects are closely connected to the overall business priorities and strategies. Project portfolio management software are employed by project managers for resource time tracking, inventory tracking, report generation, resource management, along with standard portfolio management.
Category
Technology
Project Portfolio Management Market
Project Portfolio Management
Project Portfolio Management Market to Reach $9.16 Billion by 2027-
Ready to Experience Exponential Growth
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The global project portfolio management (PPM) market size was valued at $
4,336.20 million in 2019, and is projected to reach $ 9,161.95 million by 2027,
growing at a CAGR of 9.90% from 2020 to 2027. Project portfolio management
software provides tools to project managers and business executives to help
manage and schedule projects with high level of efficiency, while increasing
productivity and reducing costs.
COVID-19 Impact:
► Owing to lockdown imposed in many
countries and adoption of "work from
home" culture by most of the organizations, ► During the post-pandemic period, the
the need for project portfolio management demand for cloud-based PPM solutions
services and software increased would rise as it provides high level of
considerably for efficient tracking and scalability, reduction in the cost of
execution of projects. The specialized tools implementation, and continual availability.
of PPM helped in strategizing and executing
projects.
KEY FINDING OF THE STUDY:
This study includes the analytical depiction of the global PPM market
forecast and trends to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and
project portfolio management market opportunity.
The current market size is quantitatively analyzed from 2019 to 2027 to
highlight the financial competency of the PPM industry.
► Oracle Corporation
► Microsoft Corporation
► lanview, Inc.
► Broadcom Inc.
KEY PLAYERS: ► Workfront
► ServiceNow, Inc.
► Upland Software, Inc.
► Micro Focus
► Planisware
► Sciforma
By Region:
Europe (UK,
North Germany,
America France, Italy,
(U.S., Canada) Spain, Rest of
Europe)
Asia-Pacific
LAMEA
(China, India,
(Latin
Japan,
America,
Australia,
Middle East,
Rest of Asia-
Africa)
Pacific)
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