Project Portfolio Management Market Size, Share, and Analysis, By Component (Software, Service), By Deployment Type (On-Premise, Cloud), By Organization Size (Large Enterprise and Small & Medium Enterprise), By Application (Project and Portfolio Governance, Portfolio Dashboards and Analytics, Visibility and Reporting, Financial Planning and Management, Resource Management, and Others), By Industry Vertical (Government & defence, BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, Others) and Regional Forecasts, 2022-2032
Project Portfolio Management Market Size, Share, and Analysis, By Component (Software, Service), By Deployment Type (On-Premise, Cloud), By Organization Size (Large Enterprise and Small & Medium Enterprise), By Application (Project and Portfolio Governance, Portfolio Dashboards and Analytics, Visibility and Reporting, Financial Planning and Management, Resource Management, and Others), By Industry Vertical (Government & defence, BFSI, IT & Telecom, Retail, Manufacturing, Healthcare, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Project Portfolio Management Market size was USD 4.47 billion in 2021 and projected to grow from USD 5.4 billion in 2023 to USD 13.2 billion by 2032, exhibiting a CAGR of 10.3% during the forecast period.
Project portfolio management (PPM) depends on various solutions and tools to direct the tasks and inspect return that is connected to a project which increases the effectiveness while providing improved visibility and is a cost-effective process with enhanced transparency. It tracks and omit any ineffectiveness by analysing the changes and improving returns. It also aids in preserving portfolio combined with the objectives, business strategy, and goals of an organization
MARKET HIGHLIGHTS
Project Portfolio Management Market is expected to reach USD 13.2 billion, growing at a CAGR of 10.3% during forecast period owing to the growing demand for project portfolio management to attain a 360o view of resource management and project operations. The high requirement to reduce the complexity in a project is expected to boost the growth of the market. The management of liquidity due to project portfolio management which assures a higher rate of investment in business, will aid in the growth of Project Portfolio Management market. Growing demand for remote monitoring by cloud-based services, automatic scheduling of project operations and real-time data analytics in an organization is anticipated to boost the growth of the market.
Project Portfolio Management Market Segments:
- Component
- Software
- Service
- Deployment Type
- Premise
- Cloud
- Organization Size
- Large Enterprise
- Small & Medium Enterprise
- Application
- Project and Portfolio Governance
- Portfolio Dashboards and Analytics
- Visibility and Reporting
- Financial Planning and Management
- Resource Management
- Others
- Industry Vertical
- Government & defence
- BFSI
- IT & Telecom
- Retail
- Manufacturing
- Healthcare
- Others
Growth Drivers
Minimising Failure Rate of Project is Expected to Boost the Growth of the Market
Increasing Adoption of Project Portfolio Management is Expected to Boost the Growth of the Market
Restraint
Data Confidentiality May Restrain the Growth of the Market
Key Players
- Microsoft
- Broadcom
- Celoxis Technologies Pvt. Ltd.
- ServiceNow
- HP Development Company, L.P.
- Adobe
- Planview, Inc.
- Planisware
- Oracle
- Workday, Inc.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*
- 1. Executive Summary
- 1.1.Regional Market Share
- 1.2. Business Trends
- 1.3. Project Portfolio Management Market: COVID-19 Outbreak
- 1.4.Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2.Research Approach
- 2.3.Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1.Paid Sources
- 2.5.2. Public Sources
- 2.6.Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2.Project Portfolio Management Market: COVID-19 Impact
- 3.3.Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. Project Portfolio Management Market – Industry Insights
- 4.1.Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7.Market Dynamics
- 7.1. Introduction
- 7.2.Growth Drivers
- 7.3.Market Opportunities
- 7.4. Market Restraints
- 7.5.Market Trends
- 8. Risk Analysis
- 9. Market Analysis
- 9.1. Porters Five Forces
- 9.2.PEST Analysis
- 9.2.1. Political
- 9.2.2.Economic
- 9.2.3.Social
- 9.2.4.Technological
- 10. Project Portfolio Management Market
- 10.1.Overview
- 10.2. Historical Analysis (2016-2021)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11.Project Portfolio Management Market Size & Forecast 2022A-2032F
- 11.1.Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1.By Component
- 11.3.1.1. Software
- 11.3.1.1.1. By Value (USD Million) 2022-2032F
- 11.3.1.1.2.Market Share (%) 2022-2032F
- 11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.1.2.Service
- 11.3.1.2.1.By Value (USD Million) 2022-2032F
- 11.3.1.2.2. Market Share (%) 2022-2032F
- 11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2. By Deployment Type
- 11.3.2.1.On-Premise
- 11.3.2.1.1.By Value (USD Million) 2022-2032F
- 11.3.2.1.2. Market Share (%) 2022-2032F
- 11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.2. Cloud
- 11.3.2.2.1. By Value (USD Million) 2022-2032F
- 11.3.2.2.2.Market Share (%) 2022-2032F
- 11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.3. By Organization Size
- 11.3.3.1.Large Enterprise
- 11.3.3.1.1.By Value (USD Million) 2022-2032F
- 11.3.3.1.2. Market Share (%) 2022-2032F
- 11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.2. Small & Medium Enterprise
- 11.3.3.2.1. By Value (USD Million) 2022-2032F
- 11.3.3.2.2.Market Share (%) 2022-2032F
- 11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.4. By Application
- 11.3.4.1.Project and Portfolio Governance
- 11.3.4.1.1.By Value (USD Million) 2022-2032F
- 11.3.4.1.2. Market Share (%) 2022-2032F
- 11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.4.2. Portfolio Dashboards and Analytics
- 11.3.4.2.1. By Value (USD Million) 2022-2032F
- 11.3.4.2.2.Market Share (%) 2022-2032F
- 11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.4.3. Visibility and Reporting
- 11.3.4.3.1. By Value (USD Million) 2022-2032F
- 11.3.4.3.2. Market Share (%) 2022-2032F
- 11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.4.4. Financial Planning and Management
- 11.3.4.4.1.By Value (USD Million) 2022-2032F
- 11.3.4.4.2. Market Share (%) 2022-2032F
- 11.3.4.4.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.4.5. Resource Management
- 11.3.4.5.1.By Value (USD Million) 2022-2032F
- 11.3.4.5.2. Market Share (%) 2022-2032F
- 11.3.4.5.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.4.6. Others
- 11.3.4.6.1. By Value (USD Million) 2022-2032F
- 11.3.4.6.2.Market Share (%) 2022-2032F
- 11.3.4.6.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.5. By Industry Vertical
- 11.3.5.1.Government & defence
- 11.3.5.1.1.By Value (USD Million) 2022-2032F
- 11.3.5.1.2. Market Share (%) 2022-2032F
- 11.3.5.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.5.2. BFSI
- 11.3.5.2.1. By Value (USD Million) 2022-2032F
- 11.3.5.2.2.Market Share (%) 2022-2032F
- 11.3.5.2.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.5.3. IT & Telecom
- 11.3.5.3.1. By Value (USD Million) 2022-2032F
- 11.3.5.3.2.Market Share (%) 2022-2032F
- 11.3.5.3.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.5.4. Retail
- 11.3.5.4.1.By Value (USD Million) 2022-2032F
- 11.3.5.4.2. Market Share (%) 2022-2032F
- 11.3.5.4.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.5.5. Manufacturing
- 11.3.5.5.1. By Value (USD Million) 2022-2032F
- 11.3.5.5.2.Market Share (%) 2022-2032F
- 11.3.5.5.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.5.6. Healthcare
- 11.3.5.6.1. By Value (USD Million) 2022-2032F
- 11.3.5.6.2.Market Share (%) 2022-2032F
- 11.3.5.6.3.Y-o-Y Growth (%) 2022-2032F
- 11.3.5.7. Others
- 11.3.5.7.1. By Value (USD Million) 2022-2032F
- 11.3.5.7.2.Market Share (%) 2022-2032F
- 11.3.5.7.3.Y-o-Y Growth (%) 2022-2032F
- 12. North America Project Portfolio Management Market Size & Forecast 2022A-2032F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Component
- 12.3.2.By Deployment Type
- 12.3.3.By Organization Size
- 12.3.4.By Application
- 12.3.5.By Industry Vertical
- 12.4. Country
- 12.4.1.United States
- 12.4.2. Canada
- 13. Europe Project Portfolio Management Market Size & Forecast 2022A-2032F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Component
- 13.3.2.By Deployment Type
- 13.3.3.By Organization Size
- 13.3.4.By Application
- 13.3.5.By Industry Vertical
- 13.4. Country
- 13.4.1.Germany
- 13.4.2. United Kingdom
- 13.4.3. France
- 13.4.4. Italy
- 13.4.5. Spain
- 13.4.6. Russia
- 13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14. Asia Project Portfolio Management Market Size & Forecast 2022A-2032F
- 14.1.Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Component
- 14.3.2.By Deployment Type
- 14.3.3.By Organization Size
- 14.3.4. By Application
- 14.3.5.By Industry Vertical
- 14.4. Country
- 14.4.1.India
- 14.4.2. China
- 14.4.3. South Korea
- 14.4.4. Japan
- 14.4.5. Rest of APAC
- 15. Middle East and Africa Project Portfolio Management Market Size & Forecast 2022A-2032F
- 15.1.Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Component
- 15.3.2.By Deployment Type
- 15.3.3.By Organization Size
- 15.3.4.By Application
- 15.3.5.By Industry Vertical
- 15.4. Country
- 15.4.1.Israel
- 15.4.2. GCC
- 15.4.3. North Africa
- 15.4.4. South Africa
- 15.4.5. Rest of Middle East and Africa
- 16. Latin America Project Portfolio Management Market Size & Forecast 2022A-2032F
- 16.1. Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Component
- 16.3.2.By Deployment Type
- 16.3.3.By Organization Size
- 16.3.4.By Application
- 16.3.5.By Industry Vertical
- 16.4. Country
- 16.4.1. Mexico
- 16.4.2. Brazil
- 16.4.3. Rest of Latin America
- 17. Competitive Landscape
- 17.1. Company market share, 2021
- 17.2.Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1.Microsoft
- 18.1.1.Company Overview
- 18.1.2.Financial Overview
- 18.1.3.Key Product; Analysis
- 18.1.4.Company Assessment
- 18.1.4.1.Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.1.4.5. Executive Team
- 18.2. Broadcom
- 18.3. Celoxis Technologies Pvt. Ltd.
- 18.4.ServiceNow
- 18.5. HP Development Company, L.P.
- 18.6. Adobe
- 18.7. Planview, Inc.
- 18.8.Planisware
- 18.9. Oracle
- 18.10.Workday, Inc.
- 18.11.Other Prominent Players
- 19. Appendix
- 20.Consultant Recommendation
Research Assistance
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