Global Project Portfolio Management Software Market 2023-2027
The project portfolio management software market is forecasted to grow by USD 2,874.7 mn during 2022-2027, accelerating at a CAGR of 13.11% during the forecast period. The report on the project portfolio management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for large-scale project management, growing demand for mobile PPM solutions, and rising demand for cost management.
Technavio's project portfolio management software market is segmented as below:
By Deployment
By End-user
- BFSI
- Information and technology
- Healthcare
- Construction and infrastructure
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the application of lean management techniques in project portfolio management as one of the prime reasons driving the project portfolio management software market growth during the next few years. Also, automatic updating and building of projects and interlinking of software with project portfolio management will lead to sizable demand in the market.
The report on the project portfolio management software market covers the following areas:
- Project portfolio management software market sizing
- Project portfolio management software market forecast
- Project portfolio management software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading project portfolio management software market vendors that include Adobe Inc., BestOutcome Ltd., Broadcom Inc., Cerri.com AG, Hexagon AB, KeyedIn Solutions Inc., Micro Focus International Plc, Microsoft Corp., ONEPOINT Projects GmbH, Oracle Corp., Planisware SAS, Planview Inc., Project Objects, SAP SE, Sciforma Corp., ServiceNow Inc., Smartsheet Inc., Sopheon Corp., Upland Software Inc., and WorkOtter Inc. Also, the project portfolio management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.