Global Project Portfolio Management Software Market 2017-2021

  • ID: 4144027
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Atlassian
  • LiquidPlanner
  • Microsoft
  • Oracle
  • SAP
  • Sopheon
  • MORE
About Project Portfolio Management Software

PPM software enables the monitoring of project performance based on the allocation of resources within a time frame and budgetary limits while managing the risks involved. The software also helps to examine the risk-reward ratio of each project, duration of the project, and the expected outcomes. Project Portfolio Management (PPM) is the consolidated and synchronized management of the methods, processes, and tools that are used by project managers and stakeholders. It helps in planning, executing, managing, controlling, and analyzing current and proposed projects in line with the organization’s strategic objectives.

The analysts forecast the global project portfolio management software market to grow at a CAGR of 12.34% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global project portfolio management software market for 2017-2021. To calculate the market size, the report considers the revenue generated from software licenses and subscriptions worldwide to calculate the market size.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Project Portfolio Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Hewlett Packard Enterprise
- Microsoft
- Oracle
- SAP

Other prominent vendors
- Atlassian
- EOS Software
- LiquidPlanner
- Mavenlink
- onepoint PROJECTS
- Planview
- Sciforma
- Sopheon
- Upland
- VersionOne
- Workfront
- Wrike

Market drivers
- Rise in need for global project collaboration.
- For a full, detailed list, view the full report

Market challenges
- Threat from open-source PPM software.
- For a full, detailed list, view the full report

Market trends
- Adoption of agile practice in PPM.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atlassian
  • LiquidPlanner
  • Microsoft
  • Oracle
  • SAP
  • Sopheon
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Economic overview
PART 05: Market landscape
  • PPM Overview
  • PPM software market segmentation
  • PPM software
  • PPM life cycle
PART 06: Market size and forecast
  • Market size and forecast
PART 07: Market segmentation by deployment
  • Global PPM software market segmentation by deployment
PART 08: Market segmentation by end-user
  • Market segmentation by end-user
  • BFSI
  • Construction and infrastructure
  • Information and technology
  • Healthcare
  • Others
PART 09: Geographical segmentation
  • Global PPM software market by geography
  • Americas
  • EMEA
  • APAC
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 12: Market trends
  • Emergence of analytics in PPM
  • Adoption of agile practice in PPM
  • Rising adoption of mobile PPM
PART 13: Five forces analysis
  • Five forces analysis
PART 14: Vendor landscape
  • Competitive scenario
  • Vendor matrix
  • Other prominent vendors
PART 15: Key vendor profiles
  • Hewlett Packard Enterprise (HPE)
  • Microsoft
  • Oracle
  • SAP
PART 16: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Segmentation by deployment
Exhibit 02: Life cycle stages of PPM software solutions
Exhibit 03: Global PPM software market 2016-2021 ($ billions)
Exhibit 04: PPM software market segmentation by deployment 2016-2021 ($ billions)
Exhibit 05: PPM software market segmentation by deployment 2016 (% share)
Exhibit 06: PPM software market segmentation by deployment 2021 (% share)
Exhibit 07: Market segmentation by end-user 2016-2021 ($ billions)
Exhibit 08: Market segmentation by end-user 2016 (%)
Exhibit 09: Global PPM software market by geography 2016 (% share)
Exhibit 10: Global PPM software market by geography 2021 (% share)
Exhibit 11: Global PPM software market by geography 2016-2021 ($ billions)
Exhibit 12: PPM software pricing by vendors
Exhibit 13: Advantages of PPM in project collaboration
Exhibit 14: Impact of drivers
Exhibit 15: Impact of drivers
Exhibit 16: Impact of challenges
Exhibit 17: Impact of challenges
Exhibit 18: Five forces analysis
Exhibit 19: Competitive differentiators for vendors
Exhibit 20: Vendor matrix
Exhibit 21: Recent developments
Exhibit 22: Other prominent vendors
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FEATURED COMPANIES

  • Atlassian
  • LiquidPlanner
  • Microsoft
  • Oracle
  • SAP
  • Sopheon
  • MORE
New Report Released: – Global Project Portfolio Management Software Market 2017-2021

The author of the report recognizes the following companies as the key players in the global project portfolio management software market: Hewlett-Packard Enterprise, Microsoft, Oracle, and SAP.

Other Prominent Vendors in the market are: Atlassian, EOS Software, LiquidPlanner, Mavenlink, onepoint PROJECTS, Planview, Sciforma, Sopheon, Upland, VersionOne, Workfront, and Wrike.

Commenting on the report, an analyst from the research team said: “One trend in market is emergence of analytics in PPM. Portfolio alignment and resource planning are labor-intensive processes. Predictive analytics can improve the accuracy and speed of portfolio planning by predicting the best project roadmap for available resources. The implementation of PPM with analytics improves the decision-making power of an organization. Vendors such as Innotas (a part of Planview) offer the Predictive Portfolio Analysis solution. This solution identifies the highest value projects that can be completed by taking into consideration an organization’s resource and staff constraints. Oracle PPM Cloud Analytics tracks, charts, and reviews projects by providing real-time reports based on business needs. It is designed to help a firm focus on visualizing a project's financial information and efforts. It also tracks the project health and speeds up delivery.”

According to the report, one driver in market is growing need for cost management. PPM software uses a range of tools to improve the efficiency of an organization. Cost management involves the allocation of resources for a specific job. It is primarily relevant to enterprises in the Americas and EMEA because they operate at a much higher cost than their counterparts in APAC. Industry participants believe that organizations can make the mistake of completing a task much earlier by overutilizing their resources. PPM software helps in analyzing and surveying the type and number of projects that are undertaken by an organization. It can also verify the usage of these resources. Enterprises in APAC need to be more aware of this to ensure that their resources are managed effectively. Costs and budgets have a high impact on the performance of an enterprise. The effective management of time and the appropriate allocation of resources are essential to the success of an organization. PPM software offers time tracking and precise billing services for a project within the financial agreement.

Further, the report states that one challenge in market is PPM implementation issues. The implementation process of PPM introduces some hurdles and common challenges. A holistic understanding of these issues ensures the success of PPM software deployment across various verticals. The deployment of PPM software in an organization requires proper change management. The data for portfolio management requires accuracy in the execution at the project level. Stakeholders also need to be mentored to ensure minimum risk. The other challenges that emerge during the implementation of the software involve organization culture, change management, allocation of resources for PPM implementation and training, and formulation of the PPM process. The business and technical capabilities that are required to implement a PPM solution are widely dissimilar. The necessary technical skills vary based on project management requirements. The possibility of failure in the implementation is high if a team lacks the required experience. The inability to deploy effectively and efficiently leads to failure when projects have tight deadlines and short delivery cycles.

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 a SWOT analysis of the key vendors.
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  • Hewlett-Packard Enterprise
  • Microsoft
  • Oracle
  • SAP
  • Atlassian
  • EOS Software
  • LiquidPlanner
  • Mavenlink
  • onepoint PROJECTS
  • Planview
  • Sciforma
  • Sopheon
  • Upland
  • VersionOne
  • Workfront
  • Wrike
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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