Project Portfolio Management Market

Project Portfolio Management Market by Component (Solution and Services), Organization Size, Deployment Mode, Vertical (Energy & Utilities, Government & Defense, Manufacturing, and Healthcare & Life Sciences), and Region - Global Forecast to 2024

Report Code: TC 2938 Dec, 2019, by marketsandmarkets.com

[165 Pages Report] The global project portfolio management market size is expected to grow from USD 4.0 billion in 2019 to USD 5.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period. Major growth drivers of the market are need to gain a 360-degree view into project operations and resource management and the growing demand for cloud-based PPM solutions.

Project Portfolio Management Market

By vertical, the healthcare and life sciences segment to grow at the highest CAGR during the forecast period

The Project Portfolio Management Market is segmented by vertical, into energy and utilities, government and defense, Information Technology (IT) and telecom, Banking, Financial Services and Insurance (BFSI), manufacturing, healthcare and life sciences, consumer goods and retail, others (transportation and logistics, and marine and shipbuilding). The healthcare and life sciences industry faces issues, such as inconsistent quality of data due to various complicated projects. Vendors offers the PPM solution to this sector for reducing the equipment installation time, improving patient care and quality, minimizing waiting time, decreasing re-admission rates, and accelerating Electronic Medical Records (EMR) automation, thereby optimizing revenue cycles. The PPM solution provides visibility across the entire work department by minimizing communication gaps. For this, the vertical shows a growing interest in installing the PPM solution for meeting market demands, providing uninterrupted patient care, and maintaining costs.

The cloud deployment mode to grow at a rapid pace during the forecast period

Most vendors in the Project Portfolio Management Market offer cloud-based solutions to gain maximum profits. Cloud systems make better use of technology and enable the sharing of infrastructure among multiple users and offices, offering a greater level of scalability, reducing the ongoing cost of implementation and continual development. These benefits are expected to drive the adoption of cloud PPM solution across verticals.

Project Portfolio Management Market

North America to hold the largest market size during the forecast period

North America is expected to hold the largest market size in the global Project Portfolio Management Market, while Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. The region is becoming a new hotspot in the PPM market, due to the growing number of stringent regulations.

North America is the most significant revenue contributor to the global PPM market. The region is witnessing significant developments in the PPM market. The increasing market share of the PPM market in the region is supplemented by huge spending (approximately USD 2 trillion) on projects every year, which accounts for one-fourth of all the regions. Moreover, the emergence of technologies, such as cloud computing and Bring Your Own Device (BYOD), have enforced end users to adopt much more sophisticated PPM solution with evolving integration platforms.

Key Project Portfolio Management Market Players

Major vendors in the global PPM market include Microsoft (US), SAP SE (Germany), Oracle (US), Broadcom (US), Hexagon (Sweden), Planview (US), Workfront (US), ServiceNow (US), Upland Software (US), Micro Focus (UK), Planisware (France), Sciforma (US), Clarizen (US), Sopheon (US), Changepoint (US), Cerri (Switzerland), KeyedIn Projects (US), One2Team (US), ONEPOINT Projects (Austria), Meisterplan (Germany), Bestoutcome (UK), and Intelit Smart Group (Brazil). These vendors have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the global PPM market.

Oracle (US) is a global provider of business software and hardware systems. It has a well-articulated strategy regarding PPM as its approach to Enterprise PPM (EPPM), which is strongly founded on Oracle's Primavera P6 EPPM. Oracle integrated the Primavera P6 with Oracle E-Business Suite, PeopleSoft, and JD Edwards solutions using the Oracle Application Integration Architecture and Oracle Fusion Middleware. Furthermore, Oracle Primavera customers are distributed at the global level and spread across all the segments of the value chain, from upstream to downstream as well as services. The Oracle PPM offering is supported by focused marketing campaigns and a global sales and distribution structure and network of partners.

Scope of Project Portfolio Management Market Report

Report Metrics

Details

Market size available for years

2017-2024

Base year considered

2018

Forecast period

2019-2024

Forecast units

Value (USD)

Segments covered

Components (Solution and Services), Deployment Mode, Organization Size, Vertical, and Region

Geographies covered

North America, Europe, APAC, Latin America, and MEA

Companies covered

Microsoft (US), SAP SE (Germany), Oracle (US), Broadcom (US), Hexagon (Sweden), Planview (US), Workfront (US), ServiceNow (US), Upland Software (US), Micro Focus (UK), Planisware (France), Sciforma (US), Clarizen (US), Sopheon (US), Changepoint (US), Cerri (Switzerland), KeyedIn Projects (US); One2Team (US); ONEPOINT Projects (Austria), Meisterplan (Germany), Bestoutcome (UK), and Intelit Smart Group (Brazil).

This research report categorizes the project portfolio management market to forecast revenues and analyze trends in each of the following submarkets:

By Component, the PPM market is segmented as follows:

  • Component
    • Solution
    • Services
  • Consulting and implementation
  • Training, Support, and Maintenance

Based on Deployment mode, the Project Portfolio Management Market has been segmented as follows:

  • On-premises
  • Cloud

By Organization size, the PPM market has been segmented as follows:

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By Vertical, the PPM market has been segmented as follows:

  • Energy and Utilities
  • Government and Defense
  • IT and Telecom
  • Banking, Financial Services and Insurance (BFSI)
  • Manufacturing
  • Healthcare and Life Sciences
  • Consumer Goods and Retail
  • Others (Transportation and Logistics, and Marine and Shipbuilding)

By Region, the Project Portfolio Management Market has been segmented as follows:

  • North America
    • United States (US)
    • Canada
  • Europe
    • United Kingdom (UK)
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
    • Rest of APAC
  • MEA
    • Kingdom of Saudi Arabia (KSA)
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America

Recent Developments

  • In March 2019, Planview announced enhancements to its Planview LeanKit. The new Agile Scaler offering in the Planview Leankit will enable organizations to gain better visibility into their workflows and improve existing collaborations across teams working on multiple projects.
  • In November 2019, Broadcom extended its collaboration with Infosys. Broadcom and Infosys extended their collaboration to help SAP customers accelerate the adoption of agile methods. By delivering the industry’s first Digital BizOps solution powered by automation.ai, Broadcom, together with Infosys, will provide digital businesses with an opportunity to accelerate the migration to SAP S/4HANA and drive better business outcomes through Artificial Intelligence (AI) and automation.
  • In November 2019, SAP announced enhancements in the SAP PPM solution. SAP introduced a new process in the Enterprise Portfolio and Project Management solution that addresses intercompany processes for enterprise projects. Within this process, the ordering company executes an enterprise project, which orders services from an employee who is assigned to another company code.

Critical Questions the Report Answers

  • What are the current trends driving the Project Portfolio Management Market?
  • In which vertical are most industrial companies deploying PPM solutions?
  • Where will recent developments of market vendors take the industry in the mid- to long-term?
  • Who are the top vendors in the PPM market, and what is their competitive analysis?
  • What are the drivers and challenges faced by vendors in the PPM market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
           1.2.1 Inclusions and Exclusions
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regions Covered
    1.4 Years Considered for the Study
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Data Triangulation
    2.3 Market Size Estimation
           2.3.1 Top-Down Approach
           2.3.2 Bottom-Up Approach
    2.4 Market Forecast
    2.5 Assumptions for the Study
    2.6 Limitations of the Study

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Market Opportunities in the Project Portfolio Management Market
    4.2 North America Market, By Vertical and Country
    4.3 Market: Major Countries

5 Market Overview and Industry Trends (Page No. - 33)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Gaining 360-Degree View Into Project Operations and Resource Management
                    5.2.1.2 Growing Demand for Cloud-Based Ppm Solutions
           5.2.2 Restraints
                    5.2.2.1 Concerns of Organizations Related to Data Confidentiality
           5.2.3 Opportunities
                    5.2.3.1 Reducing Project Costs and Project Failure Rate By Embracing Agile Methods
           5.2.4 Challenges
                    5.2.4.1 Selecting Right Solution That Aligns With Organization’s Business Need
                    5.2.4.2 Blending Modern PPM Solutions With Legacy Systems
    5.3 USE Cases
           5.3.1 USE Case 1: Schweizer Electronic AG Chose Daptiv PPM Solution of Changepoint to Manage Portfolio and Align It With Critical Business Processes
           5.3.2 USE Case 2: Zhongda Testing Implemented Oracle Ppm Solution to Strengthen Cost Control for Thousands of Projects and Boost Profitability
           5.3.3 USE Case 3: Royal Bank of Scotland Deployed Planview Enterprise One to Speed Up Delivery Process and Eliminate the Need for Infrastructure Management
           5.3.4 USE Case 4: Basware Reduced Revenue Leakage By 75% After Implementation of Planview Enterprise One and Projectplace

6 Project Portfolio Management Market, By Component (Page No. - 40)
    6.1 Introduction
    6.2 Solution
           6.2.1 Solution: Market Drivers
    6.3 Services
           6.3.1 Consulting and Implementation
                    6.3.1.1 Consulting and Implementation: Market Drivers
           6.3.2 Training, Support, and Maintenance
                    6.3.2.1 Training, Support, and Maintenance: Market Drivers

7 Market, By Deployment Mode (Page No. - 48)
    7.1 Introduction
    7.2 On-Premises
           7.2.1 On-Premises: Market Drivers
    7.3 Cloud
           7.3.1 Cloud: Market Drivers

8 Project Portfolio Management Market, By Organization Size (Page No. - 53)
    8.1 Introduction
    8.2 Large Enterprises
           8.2.1 Large Enterprises: Market Drivers
    8.3 Small and Medium-Sized Enterprises
           8.3.1 Small and Medium-Sized Enterprises: Market Drivers

9 Market, By Vertical (Page No. - 59)
    9.1 Introduction
    9.2 Energy and Utilities
           9.2.1 Energy and Utilities: Market Drivers
    9.3 Government and Defense
           9.3.1 Government and Defense: Market Drivers
    9.4 IT and Telecom
           9.4.1 IT and Telecom: Market Drivers
    9.5 Banking, Financial Services, and Insurance
           9.5.1 Banking, Financial Services, and Insurance: Market Drivers
    9.6 Manufacturing
           9.6.1 Manufacturing: Market Drivers
    9.7 Healthcare and Life Sciences
           9.7.1 Healthcare and Life Sciences: Market Drivers
    9.8 Consumer Goods and Retail
           9.8.1 Consumer Goods and Retail: Market Drivers
    9.9 Others

10 Market, By Region (Page No. - 74)
     10.1 Introduction
     10.2 North America
             10.2.1 North America: Market Drivers
             10.2.2 United States
             10.2.3 Canada
     10.3 Europe
             10.3.1 Europe: Market Drivers
             10.3.2 United Kingdom
             10.3.3 Germany
             10.3.4 France
             10.3.5 Rest of Europe
     10.4 Asia Pacific
             10.4.1 Asia Pacific: Project Portfolio Management Market Drivers
             10.4.2 China
             10.4.3 India
             10.4.4 Rest of Asia Pacific
     10.5 Middle East and Africa
             10.5.1 Middle East and Africa: Market Drivers
             10.5.2 Kingdom of Saudi Arabia
             10.5.3 South Africa
             10.5.4 Rest of Middle East and Africa
     10.6 Latin America
             10.6.1 Latin America: Market Drivers
             10.6.2 Brazil
             10.6.3 Rest of Latin America

11 Competitive Landscape (Page No. - 107)
     11.1 Overview
     11.2 Competitive Scenario
             11.2.1 New Product/Solution Launches and Product Enhancements
             11.2.2 Business Expansions
             11.2.3 Acquisitions
             11.2.4 Partnerships, Agreements, and Collaborations
     11.3 Competitive Leadership Mapping
             11.3.1 Visionary Leaders
             11.3.2 Dynamic Differentiators
             11.3.3 Innovators
             11.3.4 Emerging Companies

12 Company Profiles (Page No. - 115)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     12.1 Introduction
     12.2 Oracle
     12.3 Planview
     12.4 Broadcom
     12.5 SAP
     12.6 Microsoft
     12.7 Workfront
     12.8 Hexagon
     12.9 ServiceNow
     12.10 Upland Software
     12.11 Micro Focus
     12.12 Planisware
     12.13 Sciforma
     12.14 Clarizen
     12.15 Sopheon
     12.16 Cerri
     12.17 Changepoint
     12.18 Keyedin Projects
     12.19 One2Team
     12.20 ONEPOINT Projects
     12.21 Meisterplan
     12.22 Intelit Smart Group
     12.23 Bestoutcome
     12.24 Right-To-Win

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 158)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details


List of Tables (122 Tables)

Table 1 United States Dollar Exchange Rate, 2016–2018
Table 2 Factor Analysis
Table 3 Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 4 Solution: Market Size, By Region, 2017–2024 (USD Million)
Table 5 Solution: Market Size, By North America Country, 2017–2024 (USD Million)
Table 6 Solution: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 7 Services: Market Size, By Type, 2017–2024 (USD Million)
Table 8 Services: Market Size, By Region, 2017–2024 (USD Million)
Table 9 Services: Market Size, By North America Country, 2017–2024 (USD Million)
Table 10 Services: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 11 Consulting and Implementation Market Size, By Region, 2017–2024 (USD Million)
Table 12 Training, Support, and Maintenance Market Size, By Region, 2017–2024 (USD Million)
Table 13 Project Portfolio Management Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 14 On-Premises: Market Size, By Region, 2017–2024 (USD Million)
Table 15 On-Premises: Market Size, By North America Country, 2017–2024 (USD Million)
Table 16 Cloud: Market Size, By Region, 2017–2024 (USD Million)
Table 17 Cloud: Market Size, By North America Country, 2017–2024 (USD Million)
Table 18 Market Size, By Organization Size, 2017–2024 (USD Million)
Table 19 Large Enterprises: Market Size, By Region, 2017–2024 (USD Million)
Table 20 Large Enterprises: Market Size, By North America Country, 2017–2024 (USD Million)
Table 21 Large Enterprises: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 22 Small and Medium-Sized Enterprises: Project Portfolio Management Market Size, By Region, 2017–2024 (USD Million)
Table 23 Small and Medium-Sized Enterprises: Market Size, By North America Country, 2017–2024 (USD Million)
Table 24 Small and Medium-Sized Enterprises: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 25 Market Size, By Vertical, 2017–2024 (USD Million)
Table 26 Energy and Utilities: Market Size, By Region, 2017–2024 (USD Million)
Table 27 Energy and Utilities: Market Size, By North America Country, 2017–2024 (USD Million)
Table 28 Energy and Utilities: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 29 Government and Defense: Market Size, By Region, 2017–2024 (USD Million)
Table 30 Government and Defense: Project Portfolio Management Market Size, By North America Country, 2017–2024 (USD Million)
Table 31 Government and Defense: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 32 IT and Telecom: Market Size, By Region, 2017–2024 (USD Million)
Table 33 IT and Telecom: Market Size, By North America Country, 2017–2024 (USD Million)
Table 34 IT and Telecom: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 35 Banking, Financial Services, and Insurance: Market Size, By Region, 2017–2024 (USD Million)
Table 36 Banking, Financial Services, and Insurance: Market Size, By North America Country, 2017–2024 (USD Million)
Table 37 Manufacturing: Market Size, By Region, 2017–2024 (USD Million)
Table 38 Manufacturing: Market Size, By North America Country, 2017–2024 (USD Million)
Table 39 Manufacturing: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 40 Healthcare and Life Sciences: Project Portfolio Management Market Size, By Region, 2017–2024 (USD Million)
Table 41 Healthcare and Life Sciences: Market Size, By North America Country, 2017–2024 (USD Million)
Table 42 Consumer Goods and Retail: Market Size, By Region, 2017–2024 (USD Million)
Table 43 Consumer Goods and Retail: Market Size, By North America Country, 2017–2024 (USD Million)
Table 44 Consumer Goods and Retail: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 45 Others: Market Size, By Region, 2017–2024 (USD Million)
Table 46 Others: Market Size, By North America Country, 2017–2024 (USD Million)
Table 47 Others: Market Size, By Asia Pacific Country, 2017–2024 (USD Million)
Table 48 Market Size, By Region, 2017–2024 (USD Million)
Table 49 North America: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 50 North America: Market Size, By Service, 2017–2024 (USD Million)
Table 51 North America: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 52 North America: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 53 North America: Market Size, By Vertical, 2017–2024 (USD Million)
Table 54 North America: Market Size, By Country, 2017–2024 (USD Million)
Table 55 United States: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 56 United States: Market Size, By Service, 2017–2024 (USD Million)
Table 57 United States: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 58 United States: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 59 United States: Market Size, By Vertical, 2017–2024 (USD Million)
Table 60 Canada: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 61 Canada: Market Size, By Service, 2017–2024 (USD Million)
Table 62 Canada: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 63 Canada: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 64 Canada: Market Size, By Vertical, 2017–2024 (USD Million)
Table 65 Europe: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 66 Europe: Market Size, By Service, 2017–2024 (USD Million)
Table 67 Europe: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 68 Europe: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 69 Europe: Market Size, By Vertical, 2017–2024 (USD Million)
Table 70 Europe: Market Size, By Country, 2017–2024 (USD Million)
Table 71 Asia Pacific: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 72 Asia Pacific: Market Size, By Service, 2017–2024 (USD Million)
Table 73 Asia Pacific: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 74 Asia Pacific: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 75 Asia Pacific: Market Size, By Vertical, 2017–2024 (USD Million)
Table 76 Asia Pacific: Market Size, By Country, 2017–2024 (USD Million)
Table 77 China: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 78 China: Market Size, By Service, 2017–2024 (USD Million)
Table 79 China: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 80 China: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 81 China: Market Size, By Vertical, 2017–2024 (USD Million)
Table 82 India: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 83 India: Market Size, By Service, 2017–2024 (USD Million)
Table 84 India: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 85 India: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 86 India: Market Size, By Vertical, 2017–2024 (USD Million)
Table 87 Rest of Asia Pacific: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 88 Rest of Asia Pacific: Market Size, By Service, 2017–2024 (USD Million)
Table 89 Rest of Asia Pacific: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 90 Rest of Asia Pacific: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 91 Rest of Asia Pacific: Market Size, By Vertical, 2017–2024 (USD Million)
Table 92 Middle East and Africa: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 93 Middle East and Africa: Market Size, By Service, 2017–2024 (USD Million)
Table 94 Middle East and Africa: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 95 Middle East and Africa: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 96 Middle East and Africa: Market Size, By Vertical, 2017–2024 (USD Million)
Table 97 Middle East and Africa: Market Size, By Country 2017–2024 (USD Million)
Table 98 Latin America: Project Portfolio Management Market Size, By Component, 2017–2024 (USD Million)
Table 99 Latin America: Market Size, By Service, 2017–2024 (USD Million)
Table 100 Latin America: Market Size, By Organization Size, 2017–2024 (USD Million)
Table 101 Latin America: Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 102 Latin America: Market Size, By Vertical, 2017–2024 (USD Million)
Table 103 Latin America: Market Size, By Country, 2017–2024 (USD Million)
Table 104 New Product/Solution Launches and Product Enhancements, 2018–2019
Table 105 Business Expansions, 2018–2019
Table 106 Acquisitions, 2018–2019
Table 107 Partnerships, Agreements, and Collaborations, 2017–2019
Table 108 Evaluation Criteria
Table 109 Oracle: Organic Growth Strategies
Table 110 Oracle: Inorganic Growth Strategies
Table 111 Planview: Organic Growth Strategies
Table 112 Planview: Inorganic Growth Strategies
Table 113 Broadcom: Inorganic Growth Strategies
Table 114 SAP: Organic Growth Strategies
Table 115 Microsoft: Organic Growth Strategies
Table 116 Workfront: Organic Growth Strategies
Table 117 Workfront: Inorganic Growth Strategies
Table 118 Hexagon: Inorganic Growth Strategies
Table 119 ServiceNow: Organic Growth Strategies
Table 120 ServiceNow: Inorganic Growth Strategies
Table 121 Upland Software: Organic Growth Strategies
Table 122 Upland Software: Inorganic Growth Strategies
 
 
List of Figures (29 Figures)
 
Figure 1 Project Portfolio Management Market: Research Design
Figure 2 Segments With High Market Shares in the Market in 2019
Figure 3 North America to Account for the Highest Share of the Market in 2019
Figure 4 Demand for Cloud-Based Ppm Solution to Gain 360-Degree View Into Project Operations and Resource Management to Drive the Market
Figure 5 Energy and Utilities Vertical and the United States to Account for High Shares in the North American Market in 2019
Figure 6 Market in India to Grow at the Highest Rate During the Forecast Period
Figure 7 Drivers, Restraints, Opportunities, and Challenges: Market
Figure 8 Solution Segment Projected to Grow at a Higher CAGR During the Forecast Period
Figure 9 Training, Support, and Maintenance Segment to Grow at a Higher CAGR During the Forecast Period
Figure 10 Cloud Segment to Grow at a Higher CAGR During the Forecast Period
Figure 11 Small and Medium-Sized Enterprises Segment to Grow at a Higher CAGR During the Forecast Period
Figure 12 Healthcare and Life Sciences Segment to Grow at the Highest CAGR During the Forecast Period
Figure 13 Asia Pacific to Witness Significant Growth During the Forecast Period
Figure 14 North America: Market Snapshot
Figure 15 Asia Pacific: Market Snapshot
Figure 16 Key Developments By the Leading Players in the Market, 2018–2019
Figure 17 Project Portfolio Management Market (Global) Competitive Leadership Mapping, 2019
Figure 18 Oracle: Company Snapshot
Figure 19 Oracle: SWOT Analysis
Figure 20 Planview: SWOT Analysis
Figure 21 Broadcom: Company Snapshot
Figure 22 Broadcom: SWOT Analysis
Figure 23 SAP: Company Snapshot
Figure 24 SAP: SWOT Analysis
Figure 25 Microsoft: Company Snapshot
Figure 26 Microsoft: SWOT Analysis
Figure 27 Hexagon: Company Snapshot
Figure 28 ServiceNow: Company Snapshot
Figure 29 Upland Software: Company Snapshot

The study involved 4 major activities in estimating the current market size for the Project Portfolio Management (PPM) market. An exhaustive secondary research was done to collect information on the PPM market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the Project Portfolio Management Market.

Secondary Research

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva, have been referred to, to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, whitepapers, and articles by recognized authors, gold standard and silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The PPM market comprises several stakeholders, such as PPM vendors, cloud solution providers, system integrators, professional service providers, resellers and distributors, government and research organizations, enterprise users, venture capitalists, private equity firms, and startup companies. The demand side of the PPM market consists of organizations from different verticals, such as energy and utilities, government and defense, Information Technology (IT) and telecom, Banking, Financial Services and Insurance (BFSI), manufacturing, healthcare and life sciences, consumer goods and retail, others (transportation and logistics, and marine and shipbuilding). The supply-side includes PPM providers, offering PPM solution and services. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakup of the primary respondents:

Project Portfolio Management Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the Project Portfolio Management Market. These methods were used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. The data triangulation and market breakup procedures were employed, wherever applicable to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To define, describe, and forecast the Project Portfolio Management Market by component (solution and services), deployment mode, organization size, vertical, and region
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the PPM market
  • To analyze the market with respect to individual growth trends, prospects, and contributions to the overall market
  • To forecast the market size of 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To profile the key players in the market and comprehensively analyze their core competencies in each subsegment
  • To analyze the competitive developments, such as collaborations, partnerships, acquisitions, and product/solution launches and enhancements, in the PPM market

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakup of the European Project Portfolio Management Market into countries
  • Further breakup of the APAC PPM market into countries
  • Further breakup of the MEA PPM market into countries
  • Further breakup of the Latin American PPM market into countries

Company Information

  • Detailed analysis and profiling of additional market players

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Related Technologies/Products

 

Adjacent Markets

Mar. Size
2018
CAGR 2018-23

Competitive Landscape

 
 
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Report Code
TC 2938
Published ON
Dec, 2019
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