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
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The Project Portfolio Management (PPM) 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%.
Increasing complexities in projects, increasing BYOD trends at work, and growing popularity of cloud-based PPM solutions are some of the factors driving this market. The other factor driving the growth of the PPM market is the increase in business optimization needs.
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PPM solutions are highly adopted by large enterprises and this segment is expected to witness huge growth potential due to increasing project handling needs and proliferation of PPM mobile applications. Clarizen, Oracle, Planview, NetSuite Ope Air, Daptiv LLC, EPM Live, and others are active providers of PPM solutions to large businesses.
In terms of regions, the PPM market is segmented into five major regional segments, namely, North America, Asia-Pacific (APAC), Europe, Latin America, and Middle East and Africa (MEA). Out of the five major regions, APAC is likely to lead the market in terms of market growth, followed by MEA.North America constitutes the largest market for PPM software in terms of market size,owing to the fact that this software solution has already penetrated this region.
Countries such as the U.S., Canada, and Mexico are the major contributors of growth in this region. Companies in this market are open to various partnerships, collaborations, mergers, and acquisitions to enrich their product line.
Key Points From Table Of Content:
5 Market Overview
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
126.96.36.199 Escalating Byod Trend Among Businesses
188.8.131.52 Increasing Business Optimization Needs
184.108.40.206 Growing Shift Toward Cloud-Based Software Solutions
220.127.116.11 Rising Complexities Within Projects
18.104.22.168 Prevalent Concerns About Deployment and Usage
22.214.171.124 Predominant Security Concerns Related to Saas-Based PPM Solutions
126.96.36.199 Social Media Integration With PPM
188.8.131.52 Growing Demand for More Agile Project Management
184.108.40.206 Proper Blending of Traditional and Agile Methodologies
14 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
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.
14.9 Changepoint Corporation
14.12 Celoxis Technologies
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