Precision Business Insights has published a report on the global project portfolio management market, estimating its value at USD 5,126.6 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 10.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/project-portfolio-management-market
Project Portfolio Management (PPM) refers to the process of managing a collection of projects, programs, and processes in a way that aligns them with an organization's strategic goals and objectives. It involves evaluating, selecting, prioritizing, and balancing projects to optimize resource allocation and maximize business value.
Drivers:
1) Demand for Strategic Alignment,
2) Increased Adoption of Cloud Solutions
The global project portfolio management market segmentation:
1) By Product Type: Software and Service
2) By Deployment Mode: Cloud and On-premise
3) By Application: Project and Portfolio Governance, Portfolio Dashboards and Analytics, Visibility and Reporting, Resource Management, Financial Planning and Management, and Others.
4) By End Users: BFSI, Government, Engineering & Construction, Healthcare, IT & Telecom, and Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the project portfolio management market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the project portfolio management market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like microsoft corporation, sap se, adobe (workfront), hewlett packard enterprise development lp, broadcom inc., servicenow, hexagon ab, atlassian, planview, inc
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