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Project Portfolio Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

May 2022 | 146 pages | ID: P27FD2457EB0EN
IMARC Group

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The global project portfolio management market reached a value of US$ 5.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2027, exhibiting a CAGR of 10.05% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Project portfolio management (PPM) refers to various tools and solutions used by organizations to prioritize and manage tasks within interrelated, dependent and connected projects. PPM aids in gauging potential costs and returns on a particular project, consolidating data for business analytics and forecasting market trends. It involves predicting potential problems, reviewing progress toward operational goals, managing budgets and addressing stakeholders’ concerns through various heuristic models, scoring techniques and visual or mapping techniques. Owing to this, it finds extensive applications across several industries, including energy, telecommunication, defense, banking, financial services and insurance (BFSI) and manufacturing.

The rising trend of digitization, along with the growing need for automation across industries, is one of the key factors driving the growth of the market. Furthermore, increasing integration of cloud computing services and growing penetration of connected devices, especially in small and medium-sized organizations, is also providing a boost to the market growth. PPM vendors are providing advanced solutions to organizations that can support agile methodologies to gain end-to-end project transparency, control project costs and minimize failure rates. Additionally, widespread adoption of PPM by the healthcare sector is acting as another growth-inducing factor. These solutions aid healthcare providers to manage and evaluate a large number of projects by grouping them into strategic portfolios and streamlining their operations for enhanced efficiencies. Other factors, including rapid urbanization and widespread utilization of the software in the healthcare and life sciences sectors, along with extensive research and development (R&D) activities in the field of information technology (IT), are projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global project portfolio management market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, solution type, deployment type, organization size and vertical.

Breakup by Component:

Software
Services

Breakup by Solution Type:

Information Technology Solutions
New Product Development Solutions
Others

Breakup by Deployment Type:

On-premises
Cloud-based

Breakup by Organization Size:

Large Enterprises
Small and Medium Enterprises

Breakup by Vertical:

Energy and Utilities
Government and Defense
IT and Telecom
Banking, Financial and Insurance Services
Manufacturing
Healthcare and Life Science
Consumer Goods and Retail
Others

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Broadcom Inc., Celoxis Technologies Pvt. Ltd., Changepoint Corporation, Clarizen, Inc., HP Development Company, Innotas, Keyedln Solutions LLC, Microsoft Corporation, Oracle Corporation, Planisware, Planview Inc., SAP SE, Workfront Inc., etc.
Key Questions Answered in This Report:
How has the global project portfolio management market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global project portfolio management market?
What is the breakup of the market based on the component?
What is the breakup of the market based on the solution type?
What is the breakup of the market based on the deployment type?
What is the breakup of the market based on the organization size?
What is the breakup of the market based on the vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global project portfolio management market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL PROJECT PORTFOLIO MANAGEMENT MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Software
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY SOLUTION TYPE

7.1 Information Technology Solutions
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 New Product Development Solutions
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Others
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY DEPLOYMENT TYPE

8.1 On-premises
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Cloud-based
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY ORGANIZATION SIZE

9.1 Large Enterprises
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Small and Medium Enterprises
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY VERTICAL

10.1 Energy and Utilities
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Government and Defense
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 IT and Telecom
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 Banking, Financial and Insurance Services
  10.4.1 Market Trends
  10.4.2 Market Forecast
10.5 Manufacturing
  10.5.1 Market Trends
  10.5.2 Market Forecast
10.6 Healthcare and Life Science
  10.6.1 Market Trends
  10.6.2 Market Forecast
10.7 Consumer Goods and Retail
  10.7.1 Market Trends
  10.7.2 Market Forecast
10.8 Others
  10.8.1 Market Trends
  10.8.2 Market Forecast

11 MARKET BREAKUP BY REGION

11.1 North America
  11.1.1 United States
    11.1.1.1 Market Trends
    11.1.1.2 Market Forecast
  11.1.2 Canada
    11.1.2.1 Market Trends
    11.1.2.2 Market Forecast
11.2 Asia Pacific
  11.2.1 China
    11.2.1.1 Market Trends
    11.2.1.2 Market Forecast
  11.2.2 Japan
    11.2.2.1 Market Trends
    11.2.2.2 Market Forecast
  11.2.3 India
    11.2.3.1 Market Trends
    11.2.3.2 Market Forecast
  11.2.4 South Korea
    11.2.4.1 Market Trends
    11.2.4.2 Market Forecast
  11.2.5 Australia
    11.2.5.1 Market Trends
    11.2.5.2 Market Forecast
  11.2.6 Indonesia
    11.2.6.1 Market Trends
    11.2.6.2 Market Forecast
  11.2.7 Others
    11.2.7.1 Market Trends
    11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
    11.3.1.1 Market Trends
    11.3.1.2 Market Forecast
  11.3.2 France
    11.3.2.1 Market Trends
    11.3.2.2 Market Forecast
  11.3.3 United Kingdom
    11.3.3.1 Market Trends
    11.3.3.2 Market Forecast
  11.3.4 Italy
    11.3.4.1 Market Trends
    11.3.4.2 Market Forecast
  11.3.5 Spain
    11.3.5.1 Market Trends
    11.3.5.2 Market Forecast
  11.3.6 Russia
    11.3.6.1 Market Trends
    11.3.6.2 Market Forecast
  11.3.7 Others
    11.3.7.1 Market Trends
    11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
    11.4.1.1 Market Trends
    11.4.1.2 Market Forecast
  11.4.2 Mexico
    11.4.2.1 Market Trends
    11.4.2.2 Market Forecast
  11.4.3 Others
    11.4.3.1 Market Trends
    11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast

12 SWOT ANALYSIS

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 VALUE CHAIN ANALYSIS

14 PORTERS FIVE FORCES ANALYSIS

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Broadcom Inc.
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
    15.3.1.3 Financials
    15.3.1.4 SWOT Analysis
  15.3.2 Celoxis Technologies Pvt. Ltd.
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
  15.3.3 Changepoint Corporation
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
  15.3.4 Clarizen Inc.
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
  15.3.5 HP Development Company
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
    15.3.5.3 Financials
    15.3.5.4 SWOT Analysis
  15.3.6 Innotas
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
  15.3.7 KeyedIn Solutions LLC
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
  15.3.8 Microsoft Corporation
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
    15.3.8.3 Financials
    15.3.8.4 SWOT Analysis
  15.3.9 Oracle Corporation
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
    15.3.9.3 Financials
    15.3.9.4 SWOT Analysis
  15.3.10 Planisware
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
    15.3.10.3 Financials
  15.3.11 Planview Inc.
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio
  15.3.12 SAP SE
    15.3.12.1 Company Overview
    15.3.12.2 Product Portfolio
  15.3.13 Workfront Inc.
    15.3.13.1 Company Overview
    15.3.13.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Project Portfolio Management Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Project Portfolio Management Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Project Portfolio Management Market Forecast: Breakup by Solution Type (in Million US$), 2022-2027
Table 4: Global: Project Portfolio Management Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
Table 5: Global: Project Portfolio Management Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 6: Global: Project Portfolio Management Market Forecast: Breakup by Vertical (in Million US$), 2022-2027
Table 7: Global: Project Portfolio Management Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Project Portfolio Management Market Structure
Table 9: Global: Project Portfolio Management Market: Key Players

LIST OF FIGURES

Figure 1: Global: Project Portfolio Management Market: Major Drivers and Challenges
Figure 2: Global: Project Portfolio Management Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Project Portfolio Management Market: Breakup by Component (in %), 2021
Figure 4: Global: Project Portfolio Management Market: Breakup by Solution Type (in %), 2021
Figure 5: Global: Project Portfolio Management Market: Breakup by Deployment Type (in %), 2021
Figure 6: Global: Project Portfolio Management Market: Breakup by Organization Size (in %), 2021
Figure 7: Global: Project Portfolio Management Market: Breakup by Vertical (in %), 2021
Figure 8: Global: Project Portfolio Management Market: Breakup by Region (in %), 2021
Figure 9: Global: Project Portfolio Management Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 10: Global: Project Portfolio Management (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Project Portfolio Management (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Project Portfolio Management (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Project Portfolio Management (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Project Portfolio Management (Information Technology Solutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Project Portfolio Management (Information Technology Solutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Project Portfolio Management (New Product Development Solutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Project Portfolio Management (New Product Development Solutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Project Portfolio Management (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Project Portfolio Management (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Project Portfolio Management (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Project Portfolio Management (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Project Portfolio Management (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Project Portfolio Management (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Project Portfolio Management (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Project Portfolio Management (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Project Portfolio Management (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Project Portfolio Management (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Project Portfolio Management (Energy and Utilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Project Portfolio Management (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Project Portfolio Management (Government and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Project Portfolio Management (Government and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Project Portfolio Management (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Project Portfolio Management (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Project Portfolio Management (Banking, Financial and Insurance Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Project Portfolio Management (Banking, Financial and Insurance Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Project Portfolio Management (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Project Portfolio Management (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Project Portfolio Management (Healthcare and Life Science) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Project Portfolio Management (Healthcare and Life Science) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Project Portfolio Management (Consumer Goods and Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Project Portfolio Management (Consumer Goods and Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Project Portfolio Management (Other Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Project Portfolio Management (Other Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: North America: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: North America: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: United States: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: United States: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Canada: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Canada: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Asia Pacific: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Asia Pacific: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: China: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: China: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Japan: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Japan: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: India: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: India: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: South Korea: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: South Korea: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Australia: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Australia: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Indonesia: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Indonesia: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Europe: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Europe: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Germany: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Germany: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: France: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: France: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: United Kingdom: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: United Kingdom: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Italy: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Italy: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Spain: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Spain: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Russia: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Russia: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Latin America: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Latin America: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Brazil: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Brazil: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Mexico: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Mexico: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Others: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Others: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Middle East and Africa: Project Portfolio Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Middle East and Africa: Project Portfolio Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Global: Project Portfolio Management Industry: SWOT Analysis
Figure 93: Global: Project Portfolio Management Industry: Value Chain Analysis
Figure 94: Global: Project Portfolio Management Industry: Porter’s Five Forces Analysis


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