Project Portfolio Management Market Detailed Analysis of Current Industry Figures With Forecasts Growth By 2027

Project Portfolio Management Market size was valued at US$ 4.20 Bn. in 2020 and the total revenue is expected to grow at 6.2 % through 2021 to 2027, reaching nearly US$ 6.40 Bn.

Project Portfolio Management Market Definition:

MMR, market research and consulting organization, has released a new study titled "Project Portfolio Management market - outlook to 2027". Industries’ constant focus on reducing the operational cost and increased attention on core business, and the need to improve scalability are expected to shape the Project Portfolio Management market to grow at a CAGR of %.

According to an Analyst at MMR, the Project Portfolio Management market will experience significant growth during the forecast period due to potential opportunities lying in the market. The market drivers are:

COVID-19 Impact:

Our team is working on the COVID 19 impact on various industry verticals and provide authenticate data to the client this data helps us understand the market situation. To understand the influence and factors of the COVID 19 on the Project Portfolio Management market with our expert monitoring which explains all the impacting factors and COVID impact on each key player are explained in the report.

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Project Portfolio Management Market Segmentation:

The worldwide project portfolio management market is divided into Solution and Services based on The Offering. In 2020, the Services sector accounted for the highest market share. The increase in demand may be attributed to the market participants' unique services, which include process evaluation, process improvement, reporting, and analysis. Project portfolio management services have improved, enabling businesses to compare macro-environmental factors that boost productivity and ROI. These services include on-the-job communication, assignment governing regulations, and programme facilitation services. The category for operation and maintenance services is anticipated to expand at the highest rate throughout the projection period. The need for installation and maintenance services has benefited from the growing number of SMEs using project portfolio management systems.

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Project Portfolio Management Market Key Players:Broadcom • Celoxis Technologies Pvt. Ltd. • Changepoint Corporation • HP Development Company, L.P. • ServiceNow • Planview, Inc. • Planisware • Microsoft • Oracle • Workfront, Inc. • CA Technologies • SAP • Software AG • Upland • Hexagon • Clarizen • Sciforma • Micro Focus • One2Team • WorkOtter • Monday.com
The report provides a detailed analysis and forecast of the industry covering the following key features:

Industry outlook includes current and future market drivers, restraints, trends, challenges, emerging technologies, and recent developments.

Key industry developments and key insights

Significant marketing factors such as driver, restraints, opportunity, and challenges

Number of significant companies and their revenue and net income

Other market trends

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