Market Overview:
The global project portfolio management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based project portfolio management software and rising adoption of project portfolio management software by small and medium businesses (SMBs). However, the high cost associated with deployment and maintenance of on-premises project portfolio management software may restrain the growth of this market during the forecast period. Based on type, SaaS-based Project Portfolio Management Software is expected to witness highest growth rate during the forecast period from 2018 to 2030. This can be attributed to its advantages such as low cost of ownership, easy upgradation, and scalability. Some Of The Major Players In Global Project Portfolio Management Software Market Are Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Hewlett Packard Enterprise Development LP.(U .K.), Atlassian Corporation Plc.(Australia), IBM Corporation(U .S.
Product Definition:
Project Portfolio Management Software is used to manage a project portfolio, which is a collection of projects and programs. The purpose of using Project Portfolio Management Software is to make better decisions about which projects to pursue and how to allocate resources among them.
SaaS-based:
SaaS-based, it's usage.
On-premises:
On-premises is a term used for software that is installed and run from the customer's own server or computer. The software can be installed on the user’s own server, however it must comply with all security requirements to prevent any misuse of data. On-premise solutions are generally preferred by large organizations as they have more than one computer network connected to the internet which makes them prone to cyber threats.
Application Insights:
The Banking, Financial Services and Insurance (BFSI) segment dominated the global project portfolio management software market in 2017. The BFSI sector is one of the largest adopters of cloud-based solutions as they offer various benefits such as improved operational efficiency, enhanced data quality, and real-time visibility into financial operations. As a result, this industry is expected to be one of the prominent drivers for global PMS adoption over the forecast period.
The construction and infrastructure application segment accounted for a significant share in 2017 due to factors such as growing investments from governments across various regions toward developing new infrastructure facilities along with increasing demand for construction management solutions that help optimize cost & time savings throughout every phase of development lifecycle including pre-construction planning through on-going maintenance & repair activities.
Regional Analysis:
The North American region dominated the global project portfolio management software market in 2017. The growth of the regional market can be attributed to several factors such as increasing government initiatives, rising awareness about PMP, and availability of skilled workforce with adequate knowledge about PMP. Moreover, a high level of competition among various vendors is also expected to drive the growth of this region over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing investments by governments and private players for development and implementation projects across various sectors including healthcare, education infrastructure etc., which will lead to an increase in demand for project portfolio management software solutions during 2018-2030 period. Furthermore, growing penetration rates for cloud computing services along with advancements in networking technologies will further fuel industry expansion during this timeframe.
Growth Factors:
- Increased demand for project portfolio management software from small and medium-sized businesses (SMBs) due to the growing awareness of the benefits of using such software.
- The increasing popularity of agile methodology, which requires close tracking and management of projects, is driving demand for project portfolio management software.
- Rapid technological advancements are making it easier for companies to adopt new project portfolio management software, thereby boosting the market growth.
- Rising need to optimize resource utilization and improve decision-making is fueling the demand for project portfolio management software across all industries.
- Growing number of cloud-based solutions is helping small and medium businesses to overcome implementation challenges, thus propelling market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Project Portfolio Management Software Market Research Report
By Type
SaaS-based, On-premises
By Application
BFSI, Construction and Infrastructure, Information and Technology, Healthcare, Other
By Companies
Oracle, SAP SE, Hewlett Packard Enterprise, Microsoft, Wrike, Clarizen, EOS Software, Atlassian, Bubble, Onepoint Project, Planview, LiquidPlanner, Mavenlink, Workfront, Sciforma, Sopheon, Upland Software, VersionOne
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Project Portfolio Management Software Market Report Segments:
The global Project Portfolio Management Software market is segmented on the basis of:
Types
SaaS-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Construction and Infrastructure, Information and Technology, Healthcare, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oracle
- SAP SE
- Hewlett Packard Enterprise
- Microsoft
- Wrike
- Clarizen
- EOS Software
- Atlassian
- Bubble
- Onepoint Project
- Planview
- LiquidPlanner
- Mavenlink
- Workfront
- Sciforma
- Sopheon
- Upland Software
- VersionOne
Highlights of The Project Portfolio Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- SaaS-based
- On-premises
- By Application:
- BFSI
- Construction and Infrastructure
- Information and Technology
- Healthcare
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Project Portfolio Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Project portfolio management software is a computer program that helps project managers manage their projects by tracking the progress of each task, managing resources, and forecasting future deadlines.
Some of the major players in the project portfolio management software market are Oracle, SAP SE, Hewlett Packard Enterprise, Microsoft, Wrike, Clarizen, EOS Software, Atlassian, Bubble, Onepoint Project, Planview, LiquidPlanner, Mavenlink, Workfront, Sciforma, Sopheon, Upland Software, VersionOne.
The project portfolio management software market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Project Portfolio Management Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Project Portfolio Management Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Project Portfolio Management Software Market - Supply Chain
4.5. Global Project Portfolio Management Software Market Forecast
4.5.1. Project Portfolio Management Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Project Portfolio Management Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Project Portfolio Management Software Market Absolute $ Opportunity
5. Global Project Portfolio Management Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Project Portfolio Management Software Market Size and Volume Forecast by Type
5.3.1. SaaS-based
5.3.2. On-premises
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Project Portfolio Management Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Project Portfolio Management Software Market Size and Volume Forecast by Application
6.3.1. BFSI
6.3.2. Construction and Infrastructure
6.3.3. Information and Technology
6.3.4. Healthcare
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Project Portfolio Management Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Project Portfolio Management Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Project Portfolio Management Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Project Portfolio Management Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Project Portfolio Management Software Demand Share Forecast, 2019-2026
9. North America Project Portfolio Management Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Project Portfolio Management Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Project Portfolio Management Software Market Size and Volume Forecast by Application
9.4.1. BFSI
9.4.2. Construction and Infrastructure
9.4.3. Information and Technology
9.4.4. Healthcare
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Project Portfolio Management Software Market Size and Volume Forecast by Type
9.7.1. SaaS-based
9.7.2. On-premises
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Project Portfolio Management Software Demand Share Forecast, 2019-2026
10. Latin America Project Portfolio Management Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Project Portfolio Management Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Project Portfolio Management Software Market Size and Volume Forecast by Application
10.4.1. BFSI
10.4.2. Construction and Infrastructure
10.4.3. Information and Technology
10.4.4. Healthcare
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Project Portfolio Management Software Market Size and Volume Forecast by Type
10.7.1. SaaS-based
10.7.2. On-premises
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Project Portfolio Management Software Demand Share Forecast, 2019-2026
11. Europe Project Portfolio Management Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Project Portfolio Management Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Project Portfolio Management Software Market Size and Volume Forecast by Application
11.4.1. BFSI
11.4.2. Construction and Infrastructure
11.4.3. Information and Technology
11.4.4. Healthcare
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Project Portfolio Management Software Market Size and Volume Forecast by Type
11.7.1. SaaS-based
11.7.2. On-premises
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Project Portfolio Management Software Demand Share, 2019-2026
12. Asia Pacific Project Portfolio Management Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Project Portfolio Management Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Project Portfolio Management Software Market Size and Volume Forecast by Application
12.4.1. BFSI
12.4.2. Construction and Infrastructure
12.4.3. Information and Technology
12.4.4. Healthcare
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Project Portfolio Management Software Market Size and Volume Forecast by Type
12.7.1. SaaS-based
12.7.2. On-premises
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Project Portfolio Management Software Demand Share, 2019-2026
13. Middle East & Africa Project Portfolio Management Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Project Portfolio Management Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Project Portfolio Management Software Market Size and Volume Forecast by Application
13.4.1. BFSI
13.4.2. Construction and Infrastructure
13.4.3. Information and Technology
13.4.4. Healthcare
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Project Portfolio Management Software Market Size and Volume Forecast by Type
13.7.1. SaaS-based
13.7.2. On-premises
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Project Portfolio Management Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Project Portfolio Management Software Market: Market Share Analysis
14.2. Project Portfolio Management Software Distributors and Customers
14.3. Project Portfolio Management Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Oracle
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SAP SE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hewlett Packard Enterprise
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Microsoft
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wrike
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Clarizen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. EOS Software
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atlassian
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bubble
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Onepoint Project
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Planview
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. LiquidPlanner
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mavenlink
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Workfront
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sciforma
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sopheon
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Upland Software
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. VersionOne
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
