Project Portfolio Management (PPM) Market

Project Portfolio Management (PPM) Market by Platform Type (Software and Services), Deployment Type (On-Premises and Cloud), End User, Business Solutions, Industry Vertical, and Region - Global Forecast and Analysis to 2020

Report Code: TC 2938 Feb, 2016, by marketsandmarkets.com

[148 Pages Report] The project portfolio management market size is expected to grow from USD 2.52 Billion in 2015 to USD 4.63 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 12.9%.

The rising Bring Your Own Device (BYOD) trend among businesses, increasing business optimization needs, organizations’ inclination towards cloud-based software solutions, and rising complexities within projects are driving the market. The report aims at estimating the market size and future growth potential of the project portfolio management market across different segments, such as platform types, services, deployment types, end users, business solutions, and regions. The base year considered for the study is 2014 and the market size is estimated from 2015 to 2020.

The research methodology used to estimate and forecast the market included capturing data on key vendor revenues through secondary research. The vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global project portfolio management market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key people, such as chief executive officers, vice presidents, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub-segments. The breakdown of the profiles of primary respondents is depicted below:

Project Portfolio Management Market

The project portfolio management market ecosystem consists of solution providers such as Microsoft, CA Technologies, and HP; cloud platform providers such as Akamai, Amazon Web Services; integration providers such as SAP, EMC Software, and Siemens; and technology providers such as IBM and Primaris.

Target audience

  • PPM solution vendors
  • System integrators
  • IT developers
  • Third-party vendors
  • Cloud service providers
  • Government
  • Regulatory and compliance agencies

Scope of the Report

The research report segments the project portfolio management market into the following submarkets:

By Platform Type:

  • Software
  • Services

By Deployment Type:

  • Cloud
  • On-premises

By Organization Size:

  • Small and Medium Enterprises (SMEs)
  • Large enterprises

By Business Solution:

  • Information technology
  • New product development
  • Professional services
  • Others

By Region:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Middle East and Africa (MEA)
  • Latin America

Available Customizations

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

Product Analysis

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

Geographic Analysis

  • Further breakdown of project portfolio management market by countries

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5)

The project portfolio management market size is expected to grow from USD 2.52 Billion in 2015 to USD 4.63 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 12.9%.

With the increasing complexities in handling various projects and analyzing huge data, organizations would have a tough time maintaining efficient work pace, while optimizing all assets such as resource, time, and financial. For this, the Project portfolio management software came into existence with an aim to cater to the project handling needs of organizations. The Project portfolio management tool is all about mixing and synchronizing people, tools, and culture within the framework of business. This tool provides organizations with unparalleled visibility into business processes and helps in aligning projects with business objectives and corporate strategies. The growth of this market is propelled by increasing complexities in handling projects, which necessitates the adoption of Project portfolio management solutions. The market is further driven by factors such as shifting to virtualized environment and increasing workforce mobility or Bring Your Own Device (BYOD) trend.

The project portfolio management market has been segmented by platform type, deployment type, by end user, by business solution, by industry vertical, and by region. In terms of deployment type, cloud deployment is expected to dominate the market with the largest market size. The growing popularity of Software as a Service (SaaS)-based solutions has made the market more competitive and has introduced many specific SaaS-based Project portfolio management solution providers into the market. In terms of end users, Small and Medium Enterprises (SMEs) are estimated to exhibit the highest CAGR as they are adopting cloud-based Project portfolio management solutions extensively. The market by region covers five major regional segments, namely, North America, Asia-Pacific (APAC), Europe, Latin America, and Middle East and Africa (MEA). North America is estimated to hold the largest market share of the overall market in 2015, followed by Europe and APAC. North America is rapidly deploying the Project portfolio management solutions due to the dynamic market environment. APAC and Middle East & Africa are also witnessing a record growth in demonstrating and adopting Project portfolio management solutions.

Project Portfolio Management (PPM) Software Market

Proper blending of traditional and agile methodologies is acting as major challenge for the project portfolio management market. Also, prevalent concerns about deployment and usage and predominant security concerns related to SaaS-based Project portfolio management solutions are restraining the growth of market.

New product launch is the key strategy adopted by industry players to achieve growth in the project portfolio management market. This strategy accounted for 58% share of the total strategic developments in the market. Furthermore, organic growth through partnerships is another key strategies followed by companies such as CA technologies, Microsoft, Workfront, and Innotas. This strategy accounted for a share of 29% of the total strategic developments in the market. The acquisitions strategy accounted for 13% of the total strategic developments incorporated by the top Project portfolio management providers, such as HP, Changepoint, Planview, Microsoft, and CA Technologies.

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Market Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
           2.3.1 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Market Opportunities in the Market
    4.2 Market: Technological Shift
    4.3 Project Portfolio Management Market, By Industry Vertical and By Region
    4.4 Global Market Size, By End User, 2020
    4.5 Lifecycle Analysis, By Region, 2015

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Platform Type
           5.2.2 By Deployment Type
           5.2.3 By End User
           5.2.4 By Business Solution
           5.2.5 By Industry Vertical
           5.2.6 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Escalating BYOD Trend Among Businesses
                    5.3.1.2 Increasing Business Optimization Needs
                    5.3.1.3 Growing Shift Toward Cloud-Based Software Solutions
                    5.3.1.4 Rising Complexities Within Projects
           5.3.2 Restraints
                    5.3.2.1 Prevalent Concerns About Deployment and Usage
                    5.3.2.2 Predominant Security Concerns Related to SaaS-Based Project portfolio management Solutions
           5.3.3 Opportunities
                    5.3.3.1 Social Media Integration With PPM
                    5.3.3.2 Growing Demand for More Agile Project Management
           5.3.4 Challenges
                    5.3.4.1 Proper Blending of Traditional and Agile Methodologies

6 Industry Trends (Page No. - 42)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Threat of New Entrants
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Suppliers
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Competitive Rivalry

7 Project Portfolio Management Market Analysis, By Platform Type (Page No. - 47)
    7.1 Introduction
    7.2 Software
    7.3 Services
           7.3.1 Integration and Deployment
           7.3.2 Support and Consulting
           7.3.3 Training and Education

8 Market Analysis, By Deployment Type (Page No. - 54)
    8.1 Introduction
    8.2 Cloud
    8.3 On-Premises

9 Market Analysis, By End User (Page No. - 59)
    9.1 Introduction
    9.2 Small and Medium Size Enterprise (SME)
    9.3 Large Enterprise

10 Market Analysis, By Business Solution (Page No. - 63)
     10.1 Introduction
     10.2 Information Technology (IT) Solution
     10.3 New Product Development (NPD) Solution
     10.4 Professional Services
     10.5 Others

11 Project Portfolio Management Market Analysis, By Industry Vertical (Page No. - 69)
     11.1 Introduction
     11.2 Government and Utilities
     11.3 BFSI
     11.4 Healthcare and Pharmaceutical
     11.5 Engineering and Construction
     11.6 Energy and Power
     11.7 IT and Telecom
     11.8 Retail
     11.9 Manufacturing
     11.10 Others

12 Geographic Analysis (Page No. - 79)
     12.1 Introduction
     12.2 North America
     12.3 Europe
     12.4 Asia-Pacific (APAC)
     12.5 Middle East and Africa (MEA)
     12.6 Latin America

13 Competitive Landscape (Page No. - 98)
     13.1 Overview
     13.2 Competitive Situation and Trends
             13.2.1 New Product Launches
             13.2.2 Partnerships
             13.2.3 Mergers and Acquisitions

14 Company Profiles (Page No. - 104)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     14.1 Introduction
     14.2 CA Technologies
     14.3 Hewlett-Packard (HP)
     14.4 Microsoft Corporation
     14.5 Oracle Corporation
     14.6 SAP SE
     14.7 Workfront, Inc.
     14.8 Planview
     14.9 Changepoint Corporation
     14.10 Innotas
     14.11 Planisware
     14.12 Celoxis Technologies

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 138)
     15.1 Other Recent Developments
     15.2 Insights of Industry Experts
     15.3 Discussion Guide
     15.4 Introducing RT: Real Time Market Intelligence
     15.5 Available Customizations
     15.6 Related Reports

List of Tables (71 Tables)

Table 1 Global Market Size and Growth, 2015–2020 (USD Million, Y-O-Y %)
Table 2 Project Portfolio Management Market : Summary of Drivers
Table 3 Market: Summary of Restraints
Table 4 Market: Summary of Opportunities
Table 5 Market: Summary of Challenges
Table 6 Global Market Size, By Platform Type, 2013–2020 (USD Million)
Table 7 Market Size, By Region, 2013–2020 (USD Million)
Table 8 Market Size, By Service, 2013–2020 (USD Million)
Table 9 Integration and Deployment: Market Size, By Region, 2013–2020 (USD Million)
Table 10 Support and Consulting: Market Size, By Region, 2013–2020 (USD Million)
Table 11 Training and Education: Market Size, By Region, 2013–2020 (USD Million)
Table 12 Project portfolio management market Size, By Deployment Type, 2013–2020 (USD Million)
Table 13 Cloud: Market Size, By User Type, 2013–2020 (USD Million)
Table 14 Cloud: Market Size, By Region, 2013–2020 (USD Million)
Table 15 On-Premises: Market Size, By User Type, 2013–2020 (USD Million)
Table 16 On-Premises: Market Size, By Region, 2013–2020 (USD Million)
Table 17 Market Size, By End User, 2013–2020 (USD Million)
Table 18 SME: Market Size, By Deployment Type, 2013–2020 (USD Million)
Table 19 SME: Market Size, By Region, 2013–2020 (USD Million)
Table 20 Large Enterprise: Market Size, By Deployment Type, 2013–2020 (USD Million)
Table 21 Large Enterprise: Market Size, By Region, 2013–2020 (USD Million)
Table 22 Market Size, By Business Solution, 2013–2020 (USD Million)
Table 23 IT Solution: Market Size, By Region, 2013–2020 (USD Million)
Table 24 NPD Solution: Market Size, By Region, 2013–2020 (USD Million)
Table 25 Professional Services: Market Size, By Region, 2013–2020 (USD Million)
Table 26 Others: Market Size, By Region, 2013–2020 (USD Million)
Table 27 Project portfolio management market Size, By Industry Vertical, 2013–2020 (USD Million)
Table 28 Government and Utilities: Market Size, By Region, 2013–2020 (USD Million)
Table 29 BFSI: Market Size, By Region, 2013–2020 (USD Million)
Table 30 Healthcare and Pharmaceutical: Market Size, By Region, 2013–2020 (USD Million)
Table 31 Engineering and Construction: Market Size, By Region, 2013–2020 (USD Million)
Table 32 Energy and Power: Market Size, By Region, 2013–2020 (USD Million)
Table 33 IT and Telecom: Market Size, By Region, 2013–2020 (USD Million)
Table 34 Retail: Market Size, By Region, 2013–2020 (USD Million)
Table 35 Manufacturing: Market Size, By Region, 2013–2020 (USD Million)
Table 36 Others: Market Size, By Region, 2013–2020 (USD Million)
Table 37 Market Size, By Region, 2013–2020 (USD Million)
Table 38 North America: Project Portfolio Management Market Size, By End User, 2013–2020 (USD Million)
Table 39 North America: Market Size, By Deployment Type, 2013–2020 (USD Million)
Table 40 North America: Market Size, By Platform Type, 2013–2020 (USD Million)
Table 41 North America: Market Size, By Business Solution, 2013–2020 (USD Million)
Table 42 North America: Market Size, By Service, 2013–2020 (USD Million)
Table 43 North America: Market Size, By Industry Vertical, 2013–2020 (USD Million)
Table 44 Europe: Market Size, By End User, 2013–2020 (USD Million)
Table 45 Europe: Market Size, By Deployment Type, 2013–2020 (USD Million)
Table 46 Europe: Market Size, By Platform Type, 2013–2020 (USD Million)
Table 47 Europe: Market Size, By Business Solution, 2013–2020 (USD Million)
Table 48 Europe: Market Size, By Service, 2013–2020 (USD Million)
Table 49 Europe: Market Size, By Industry Vertical, 2013–2020 (USD Million)
Table 50 Asia-Pacific: Market Size, By End User, 2013–2020 (USD Million)
Table 51 Asia-Pacific: Market Size, By Deployment Type, 2013–2020 (USD Million)
Table 52 Asia-Pacific: Market Size, By Platform Type, 2013–2020 (USD Million)
Table 53 Asia-Pacific: Market Size, By Business Solution, 2013–2020 (USD Million)
Table 54 Asia-Pacific: Market Size, By Service, 2013–2020 (USD Million)
Table 55 Asia-Pacific: Market Size, By Industry Vertical, 2013–2020 (USD Million)
Table 56 Middle East and Africa: Project Portfolio Management Market Size, By End User, 2013–2020 (USD Million)
Table 57 Middle East and Africa: Market Size, By Deployment Type, 2013–2020 (USD Million)
Table 58 Middle East and Africa: Market Size, By Platform Type, 2013–2020 (USD Million)
Table 59 Middle East and Africa: Market Size, By Business Solution, 2013–2020 (USD Million)
Table 60 Middle East and Africa: Market Size, By Service, 2013–2020 (USD Million)
Table 61 Middle East and Africa: Market Size, By Industry Vertical, 2013–2020 (USD Million)
Table 62 Latin America: Market Size, By End User, 2013–2020 (USD Million)
Table 63 Latin America: Market Size, By Deployment Type, 2013–2020 (USD Million)
Table 64 Latin America: Market Size, By Platform Type, 2013–2020 (USD Million)
Table 65 Latin America: Market Size, By Business Solution, 2013–2020 (USD Million)
Table 66 Latin America: Market Size, By Service, 2013–2020 (USD Million)
Table 67 Latin America: Market Size, By Industry Vertical, 2013–2020 (USD Million)
Table 68 New Product Launches, 2013–2015
Table 69 Partnerships, 2013–2015
Table 70 Mergers and Acquisitions, 2013–2015
Table 71 Other Recent Developments, 2013–2015

List of Figures (49 Figures)

Figure 1 Global Project Portfolio Management Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown Data Triangulation Approach
Figure 6 Market Assumptions
Figure 7 Integration and Deployment Expected to Have the Largest Size in the Market in 2015
Figure 8 IT Project Portfolio Management Shows Lucrative Growth Opportunities During the Forecast Period
Figure 9 Asia-Pacific Region has Huge Potential to Grow Substantially During the Forecast Period
Figure 10 High Growth is Expected in the Market Due to Increasing Complexities in Projects and Trend of Workforce Mobility at Workplace
Figure 11 Significant Shift From On-Premises to Cloud Solutions is Expected During the Forecast Period
Figure 12 BFSI Will Dominate the Project Portfolio Management Market, 2015
Figure 13 The Market is Quite Promising for Small and Medium Size Enterprises in the Next 5 Years
Figure 14 Asia-Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 15 Market Segmentation: By Platform Type
Figure 16 Market Segmentation: By Deployment Type
Figure 17 Market Segmentation: By End User
Figure 18 Market Segmentation: By Business Solution
Figure 19 Market Segmentation: By Industry Vertical
Figure 20 Market Segmentation: By Region
Figure 21 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 22 Value Chain Analysis (2015): Major Role Played By Project Portfolio Management Software Providers
Figure 23 Porter’s Five Forces Analysis (2015)
Figure 24 Service Segment is Expected to Gain Significant Traction During the Forecast Period
Figure 25 Integration and Deployment Services are Expected to Dominate the Market During the Forecast Period
Figure 26 Cloud Deployment is Expected to Grow More Than Two-Fold By 2020
Figure 27 Large Enterprises Expected to Have the Largest Market Size in the Market During the Forecast Period
Figure 28 Project Portfolio Management Market Size, By Business Solution (2015 Vs 2020): IT Solution is Expected to Dominate the Market Throughout the Forecast Period
Figure 29 Market Size, By Industry Vertical (2015 Vs 2020): BFSI is Expected to Lead the Market By 2020
Figure 30 North America Expected to Have the Largest Market Size in the Market During the Forecast Period
Figure 31 Geographic Snapshot: Asia-Pacific is Emerging as A New Hotspot in the Market
Figure 32 Asia-Pacific is the Fastest-Growing Market in the Project Portfolio Management Market, By End User
Figure 33 North America Market Snapshot: Increased Traction Among End Users Expected to Drive the Market
Figure 34 Asia-Pacific Market Snapshot: Increased Traction Among Growing Economies is Expected to Drive the Market
Figure 35 Companies Adopted New Product Launches as the Key Growth Strategy Between 2013 and 2015
Figure 36 Market Evaluation Framework
Figure 37 Battle for Market Share: New Product Launches and Partnerships Were the Key Strategies
Figure 38 Geographic Revenue Mix of Top 4 Market Players
Figure 39 CA Technologies: Company Snapshot
Figure 40 CA Technologies: SWOT Analysis
Figure 41 Hewlett-Packard: Company Snapshot
Figure 42 Hewlett-Packard: SWOT Analysis
Figure 43 Microsoft Corporation: Company Snapshot
Figure 44 Microsoft Corporation: SWOT Analysis
Figure 45 Oracle Corporation: Company Snapshot
Figure 46 Oracle Corporation: SWOT Analysis
Figure 47 SAP SE: Company Snapshot
Figure 48 SAP SE: SWOT Analysis
Figure 49 Celoxis Technologies: Company Snapshot


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Report Code
TC 2938
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Feb, 2016
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