Project Portfolio Management Market 2021-2027

Global Project Portfolio Management Market Size, Share & Trends Analysis Report by Type (Service and Software), by Deployment Type (Cloud and On-Premises), by Organization Type (Small & Medium Sized Enterprises and Large Enterprises), and by Industry Vertical (IT & Telecom, BFSI, Healthcare, Government & Defense, Manufacturing, and Others (Retail)) Forecast, 2020-2027

The global project portfolio management market is projected to grow at a CAGR of 4.2% during the forecast period (2020-2027). The major aspect that drives the growth of the market includes the rising need to gain the whole view into the project operations and resource management. The incorporation of the cloud with these project portfolio management tools in order to get the maximum profits has further aided the growth of the market during the forecast period. Besides, the presence of the major market players that significantly contributes to the growth of the market also substantially supports the growth of the global project portfolio management market during the forecast period. 

The global project portfolio management market is segmented on the basis of type, deployment type, organization type, industry vertical. Based on the type, the global project portfolio management market is segmented as services and software. Based on the deployment type, the global project portfolio management market is segmented as cloud and on-premises. Based on the organization type, the global project portfolio management market is segmented as small & medium sized enterprises and large enterprises. Whereas, based on the industry vertical, the global project portfolio management market is segmented as IT & telecom, BFSI, healthcare, government & defense, manufacturing, and others (retail).

Based on the geographical viewpoint, the global project portfolio management market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The North American region is projected to hold a significant market share. Further, Broadcom Inc., Hewlett Packard Enterprise Development LP, Microsoft Corp., Oracle Corp., Planaware Inc., and SAP SE among others are some of the prominent players functioning in the global Project Portfolio Management market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. 

Research Methodology

The market study of the global project portfolio management market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Project Portfolio Management Market Research and Analysis by Type
2. Global Project Portfolio Management Market Research and Analysis by Deployment Type
3. Global Project Portfolio Management Market Research and Analysis by Organization Type
4. Global Project Portfolio Management Market Research and Analysis by Industry Vertical

The Report Covers

• Comprehensive research methodology of the global project portfolio management market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global project portfolio management market.
• Insights about market determinants which are stimulating the global project portfolio management market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of the market players.