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Project Portfolio Management Market Trends 2021 | Industry Growth, Share, Size and Forecast 2026
According to IMARC Group’s latest report, the global project portfolio management market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of 6.5% during 2021-2026.

BriefingWire.com, 6/25/2021 - We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Project portfolio management (PPM) is a management process that helps organize various projects into a single portfolio to meet organizational goals. It enables the project managers and project management organizations (PMO) to predict potential problems, manage budgets and address stakeholders’ concerns through various heuristic models, score visual or mapping techniques, and maximize the company’s investments.

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Market Trends

The global PPM market is primarily driven by the growing adoption of cloud-based PPM services, which helps organizations in collaborative planning, scheduling, faster and effective decision-making, as well as remote monitoring of assignments and projects. Apart from this, there has been widespread utilization of the software in the healthcare sector as PPM solutions aid healthcare providers in managing and evaluating a large number of projects by grouping them into strategic portfolios and streamlining their operations for enhanced efficiencies. 

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List of Key Companies Covered in this Market Report:

Broadcom Inc.

Celoxis Technologies Pvt. Ltd.

Changepoint Corporation

Clarizen, Inc.

HP Development Company

Innotas

Keyedn Solutions LLC

Microsoft Corporation

Oracle Corporation

Planisware

Planview Inc.

SAP SE

Workfront Inc.

The report has segmented the market on the basis of component, solution type, deployment type, organization size, vertical and geography

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 Geography:

North America (U.S. & Canada)

Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)

Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)

Latin America (Brazil, Mexico)

Middle East & Africa

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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