Global Cloud-based Project Portfolio Management Market 2021-2025

Global Cloud-based Project Portfolio Management Market 2021-2025

Technavio has been monitoring the cloud-based project portfolio management market and it is poised to grow by $ 4.83 bn during 2021-2025, progressing at a CAGR of 18.26% during the forecast period. Our report on the cloud-based project portfolio management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing requirements for large-scale project management, growing demand for mobile project portfolio management solutions, and rising demand for cost management. In addition, increasing requirements for large-scale project management is anticipated to boost the growth of the market as well.

The cloud-based project portfolio management market analysis includes the end-user segment and geographic landscape.

Technavio's cloud-based project portfolio management market is segmented as below:

By End-user

• Manufacturing
• ICT
• Healthcare
• BFSI
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• MEA
• South America

This study identifies the interlinking of software with project portfolio management as one of the prime reasons driving the cloud-based project portfolio management market growth during the next few years. Also, the application of lean management in project portfolio management and automatic updating and building of projects will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on cloud-based project portfolio management market covers the following areas:

• Cloud-based project portfolio management market sizing
• Cloud-based project portfolio management market forecast
• Cloud-based project portfolio management market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud-based project portfolio management market vendors that include Atlassian Corp. Plc, Broadcom Inc., Mavenlink Inc., Micro Focus International Plc, Microsoft Corp., Oracle Corp., Planview Inc., SAP SE, ServiceNow Inc., and Upland Software, Inc.Also, the cloud-based project portfolio management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.